Executive Moving Concierge

Thinking of moving to Toronto

Resource Guide to Moving to Toronto: Important Details and Advice

Thinking about moving to Toronto? Well, buckle up, because this vibrant city has a lot to offer! From stunning skyscrapers and diverse neighborhoods to those classic Toronto traffic jams that’ll have you rethinking your life choices—Toronto truly has something for everyone!

Whether you’re dreaming of scoring a high-paying job, living near iconic landmarks like the CN Tower, or simply want to find the best poutine in town, this guide will walk you through everything you need to know before moving to Toronto.

Cost of Living in Toronto

Toronto is Canada’s largest city, and as you might expect, living here comes with a hefty price tag. But don’t worry; I’ll break down the costs so you can budget like a pro.

Monthly Budget Breakdown in Toronto (for Individual & Family)

Housing Costs

If you’re planning to move to Toronto, brace yourself: the real estate market is intense. Renting vs. buying is the first big decision.

The average cost of a one-bedroom apartment in Toronto is around CAD $1,850 per month, while a two-bedroom will set you back about CAD $2,350. If buying is more your style, expect to shell out an average of CAD $840,000 for a home in the Greater Toronto Area (GTA).

Popular neighborhoods:

  • Downtown: Expect high prices but enjoy the hustle and bustle.
  • Scarborough: More affordable, with a diverse community.
  • North York: Offers a suburban feel with city access.

Pro Tip: Utilities and internet can add about CAD $150-200 to your monthly expenses.

Transportation Costs

One of the perks of living in Toronto is the robust public transportation system.

The Toronto Transit Commission (TTC) operates buses, streetcars, and subways that will get you anywhere you need to go. A one-ride ticket costs CAD $3.25, but if you’re commuting daily, consider a monthly pass at CAD $143.

Car Ownership: It’s not cheap. Factor in high insurance rates, gas, and the ever-elusive parking spots.

Alternative Transportation: Toronto is bike-friendly, with a bike-share program that costs about CAD $99 annually.

Grocery and Dining Expenses

Food costs in Toronto can vary depending on your lifestyle. On average, a single person might spend CAD $300-400 per month on groceries.

Dining out? Be prepared—an average meal at a mid-range restaurant can cost around CAD $20-30 per person.

Saving Tip: Hit up local markets like Kensington Market or St. Lawrence Market for fresh produce and deals!

Healthcare and Insurance

In Ontario, healthcare is covered under the Ontario Health Insurance Plan (OHIP), which means you don’t pay out-of-pocket for doctor visits or hospital stays. However, some services like dental and prescription drugs aren’t covered, so you might want private insurance.

Miscellaneous Expenses

A gym membership averages around CAD $60 per month.

 

Searching for Places to Stay in Toronto

Finding the right neighborhood in Toronto can be like finding a needle in a haystack, but it’s worth the effort. Here’s a rundown of some of the top areas to consider.

Popular Neighborhoods

  • Family-friendly: Leaside and The Beaches offer great schools and parks.
  • Trendy spots: King West and Queen West are perfect if you love nightlife and cool cafes.
  • Affordable: Check out East York or High Park North for more budget-friendly options.

Types of Housing

You’ll find a mix of condos, apartments, townhouses, and single-family homes. Vacancy rates are low, so competition is high—be prepared to act fast when you find something you like.

Rental Market Insights

The rental market in Toronto is competitive. Average rent prices vary by neighborhood, and it’s common to sign a 12-month lease. Tenant rights are strong in Ontario, so familiarize yourself with them—knowing your rights can save you a lot of headaches!

Employment and Job Opportunities

Toronto is a major hub for industries like finance, technology, healthcare, and more. If you’re looking for work, this city is a goldmine of opportunities.

Major Industries in Toronto

  • Finance: Toronto is Canada’s financial capital, home to major banks and investment firms.
  • Technology: The tech scene is booming with companies like Shopify and IBM setting up shop.
  • Healthcare: Hospitals and research centers provide countless jobs in life sciences.

Job Search Resources

Use popular job boards like LinkedIn, Indeed, or Workopolis. Networking events and job fairs are also great places to connect with potential employers.

Average Salaries and Work Culture

Expect competitive salaries in Toronto, though they vary by industry.

For example, a Senior Software Engineer earns around CAD $93,000 per year, while a Lawyer can earn up to CAD $102,000.

Toronto’s work culture emphasizes a healthy work-life balance, with many companies offering flexible hours and remote work options.

Education and Schools in Toronto

Whether you have kids or you’re planning on furthering your education, Toronto offers a range of schooling options.

Education Category

Details

Public Schools

Managed by TDSB and TCDSB, offering a wide range of educational programs including French immersion.

Private Schools

Numerous private and specialized schools available, offering diverse curriculums and programs.

Higher Education Institutions

Includes top universities like the University of Toronto, Ryerson University, and York University. Colleges such as George Brown College and Humber College also provide various programs.

Childcare and Daycare

Costs range from CAD $1,200-1,600 per month, with subsidies available for low-income families.

Getting Around in Toronto

Navigating Toronto is easy with various transportation options, but knowing what to expect can make your daily commute smoother.

TTC

Buses, streetcars, and subways connect most of the city. Use a PRESTO card for convenient access.

GO Transit

Great for commuting within the Greater Toronto Area (GTA).

Cycling and Walking

Toronto has numerous bike lanes and walking paths, perfect for those who prefer to stay active.

Cultural and Recreational Activities

Toronto’s cultural scene is vibrant and diverse, offering something for everyone.

Museums and Attractions

  • Royal Ontario Museum: Perfect for history and art lovers.
  • CN Tower: A must-visit for breathtaking views of the city.
  • Art Gallery of Ontario: Features works from local and international artists.

Outdoor Activities

Enjoy Toronto’s parks, such as High Park or the Toronto Islands, where you can relax, hike, or have a picnic. Winter sports like ice skating are also popular during the colder months.

Weather and Climate

Toronto experiences all four seasons, with hot summers and cold winters. Winter can be particularly harsh, with heavy snowfall and frigid temperatures.

Winter Prep: Make sure you have snow tires and a good snow shovel. Also, familiarize yourself with heating costs and how to keep your home warm efficiently.

Legal and Administrative Tasks

Moving to a new city means tackling some paperwork. Here’s what you need to get sorted:

Changing Address and Setting Up Utilities

Once you have your new home, you’ll need to set up utilities like electricity, water, and internet. Be prepared for some initial setup fees.

Registering Your Vehicle

If you’re bringing a car, you’ll need to register it in Ontario. This process includes getting an Ontario driver’s license and license plates.

Healthcare Registration

Apply for your Ontario Health Insurance Plan (OHIP) card as soon as you arrive. You can do this at a ServiceOntario center.

Safety and Security

Toronto is generally a safe city, but like any major city, there are areas where crime rates are higher.

Research crime statistics and choose a neighborhood that matches your comfort level. Safe areas often include places like Leaside and The Beaches.

Toronto’s emergency services are reliable and accessible. Dial 911 for police, fire, or medical emergencies.

Navigating Toronto’s Rental Market

Understanding the rental market can save you from potential pitfalls.

Understanding Rental Market Trends

Rental prices fluctuate seasonally and can be affected by economic changes. Typically, prices peak in the summer when demand is highest.

Renting with Pets

Toronto has plenty of pet-friendly rental options, but always check your lease for any restrictions or additional fees.

Short-Term and Furnished Rentals

If you’re not ready for a long-term commitment, consider short-term or furnished rentals. They offer flexibility but can be more expensive.

Newcomer Resources and Settlement Services

Accessing legal aid and understanding your rights as a tenant or employee is crucial. Toronto has many legal services tailored to newcomers.

Legal Assistance for Newcomers

Organizations like the Toronto Newcomer Office and various settlement agencies provide valuable resources, including ESL classes and job search assistance.

Immigration and Settlement Services

Toronto offers a wealth of resources to help newcomers settle in.

Digital Connectivity and Technology

Staying connected is easy in Toronto, with numerous options for internet and mobile plans.

Internet and Mobile Plans

Toronto offers competitive plans from providers like Bell, Rogers, and Telus. For high-speed internet, expect to pay around CAD $70-100 per month.

Smart City Initiatives

Toronto is embracing smart city technology, with projects aimed at improving public services and connectivity.

Coworking Spaces and Remote Work Options

For those working remotely, Toronto has plenty of coworking spaces, such as WeWork and Spaces, offering flexible office solutions.

Sustainability and Green Living

Toronto is committed to sustainability, with numerous initiatives to reduce waste and promote green living.

Take advantage of electric vehicle incentives or join the growing number of cyclists on Toronto’s bike lanes. Many neighborhoods offer community gardens where residents can grow their own produce.

Family Life and Parenting in Toronto

Toronto is a great place for families, offering plenty of activities and support. Visit the Toronto Zoo, Ripley’s Aquarium, or one of the city’s many playgrounds.

Toronto offers resources for parents, including support for those with special needs children.

Shopping and Retail Experiences

From high-end shopping to thrift stores, Toronto has it all.

Popular Shopping Areas: Check out the Eaton Centre, Yorkville, or Queen Street West for a mix of mainstream and unique shops.

Farmers’ Markets: Don’t miss local markets like the St. Lawrence Market for fresh, local produce.

Moving to Toronto from Different Regions

From Winnipeg to Toronto:
Moving from Winnipeg to Toronto… Expect a higher cost of living, especially in housing, but you’ll gain access to more job opportunities and cultural activities.

Toronto’s diverse neighborhoods offer something for everyone, making it a great place to start a new chapter.

From Québec to Toronto:
Relocating from Québec to Toronto will bring a shift from a predominantly French-speaking environment to a vibrant multicultural metropolis.

While you’ll miss Québec’s unique charm, Toronto offers a dynamic job market and a variety of cultural experiences. Prepare for a faster pace of life and the challenge of navigating Toronto’s extensive public transit system.

From Vancouver to Toronto:
Moving from Vancouver to Toronto involves adjusting from scenic coastal views to an energetic city vibe. Although both cities are culturally rich, Toronto has a more intense urban atmosphere.

Expect to trade mild winters for harsher ones, but also gain broader career opportunities and a vibrant nightlife scene that never sleeps.

From Montreal to Toronto:
Transitioning from Montreal to Toronto means moving from one cultural hub to another, but with distinct differences.

Toronto offers a wider range of English-speaking job opportunities and a larger financial sector.

From Saskatoon to Toronto:
Moving from Saskatoon to Toronto will significantly change your lifestyle, with Toronto’s fast-paced environment and diverse population.

You’ll experience a drastic increase in living costs, but also access to greater career opportunities, world-class amenities, and entertainment.

Toronto’s extensive public transit system will also make commuting much easier compared to Saskatoon.

From USA to Toronto:
Relocating from the USA to Toronto can be a seamless transition, thanks to the shared language and similar lifestyle. Toronto is known for its diversity, safety, and robust healthcare system. Expect a more cosmopolitan atmosphere, comprehensive public transit, and the need to adapt to the Canadian metric system and currency differences.

Conclusion

Moving to Toronto might come with its challenges, but the rewards are plentiful. From excellent job opportunities to a vibrant cultural scene, Toronto is a city that offers something for everyone.

Sure, the cost of living is high, but the experiences, connections, and quality of life here are truly unmatched.

Whether you’re drawn by the bustling downtown core, the quiet of its suburban neighborhoods, or the promise of new adventures, Toronto has a place for you.

Thinking of making the move? Dive into the city’s diverse neighborhoods, embrace its vibrant culture, and make the most of the endless opportunities Toronto offers.

Here are some more tips and tricks!

Looking for moving companies? Get up to 3 quotes from professionals!

Frequently Asked Questions (FAQs)

What are the best neighborhoods in Toronto to consider when looking for a place to live?

Toronto boasts a variety of neighborhoods each with its own unique charm. Some of the popular areas include downtown Toronto, the Annex, Riverdale, and Etobicoke.

These neighborhoods offer diverse amenities and cater to different lifestyles, making it easier to find a place to live that suits your needs.

How does Toronto compare to other Canadian cities like Vancouver and Montreal?

While Vancouver is known for its stunning natural beauty and Montreal for its rich history and vibrant arts scene, Toronto offers a mix of both. Toronto is also a major economic hub, making it a prime destination for job seekers and professionals.

What should I know about the real estate market in Toronto?

Real estate in Toronto can be quite competitive and expensive. The city has a high demand for housing, leading to rising property prices.

Whether you’re looking to rent or buy, it’s essential to research thoroughly and possibly engage with a real estate agent to navigate the market effectively.

What kind of job opportunities are available for someone thinking of moving to Toronto?

Toronto is a vibrant business hub with plentiful job opportunities across various sectors, including finance, tech, healthcare, and education.

Finding a job in Toronto might be easier due to its diverse economy and numerous multinational companies headquartered in the city.

Don’t forget to compete with the competitors 🙂

Are there any reliable moving services in Toronto?

Yes, there are numerous reputable moving companies in Toronto that offer a range of services from packing to transportation.

Our recommendation for moving service in Toronto: Metropolitan Movers.

Also recommended to get quotes from multiple providers and read reviews to ensure a smooth relocation.

What is the overall quality of life in Toronto?

Life in Toronto is generally considered high quality, with excellent healthcare, education, and public transport systems.

The city of Toronto offers a wide range of cultural, recreational, and dining options, making it an attractive place to live.

The city ranks highly in global livability indices, making it one of the best places to live in the world.

How does public transportation work in Toronto?

The city of Toronto has an extensive public transportation system operated by the Toronto Transit Commission (TTC), which includes buses, streetcars, and subways.

In addition, regional transit options like GO Transit that connect Toronto to surrounding areas. The public transit system is reliable and a convenient way to navigate the city.

Are there any specific things to know before moving to Toronto?

Yes, there are several things you should know before moving to Toronto.

The cost of living can be high, so budgeting is crucial. The city has a diverse climate with cold winters and warm summers, so be prepared for seasonal changes.

Plus, Toronto is a multicultural city, and being open to different cultures and communities can enhance your experience.

What are some popular attractions in Toronto?

Toronto includes a wide array of attractions such as the CN Tower, Royal Ontario Museum, Ripley’s Aquarium, and Toronto Islands.

The city also offers vibrant neighborhoods like Kensington Market and Distillery District, and hosts numerous festivals throughout the year.

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