Things You Need to Know Before Moving to Toronto

Things You Need to Know Before Moving to Toronto

If you are planning a move to Toronto then this post is going to be the only one you need to see. If you are looking for a vibrant city that has access to everything nightlife, food and a healthy lifestyle, Toronto should be on top of your list. With the largest population in Canada, Toronto is a hub for multiple things and offers the perfect blend of business, cultural, and entertainment world. A ton of people are concerned about moving to Toronto in 2023 but there are 5 things you need to know before moving here, and the 4th one has caused people to make a costly mistake when moving here that I want you to avoid. So keep reading!

When planning a move to the 6IX, the first thing you need to do is:

1. INVEST IN A WARM JACKET- Depending on where you are moving from, the winter months in Toronto may be colder than what you’re used to. The winter months (December through to March) are pretty chilly and snow tends to carpet the city between November and April. Be sure to bring some sturdy and waterproof winter boots to navigate icy sidewalks and lots of warm layers, and you’ll be absolutely fine. It’s not nearly as cold here as it is in some of Canada’s more northerly cities.

 2. For those days that are just too cold, you are in luck. Toronto has an underground corridor called The PATH. The PATH is a mostly underground pedestrian walkway network in downtown Toronto that spans more than 30 kilometres of restaurants, shopping, services and entertainment. The walkway facilitates pedestrian linkages to public transit, accommodating more than 200,000 business-day commuters as well as tourists and residents. The PATH provides an important contribution to the economic viability of the city’s downtown core. It is possible to walk through the PATH from the waterfront to Downtown Yonge, and from the Entertainment District to Yonge St. all of which connect through Toronto’s world class Financial District.

 3. Another consideration before moving here is the taxes in Toronto- No matter where you live in Canada, you will pay Federal Tax and then you will pay Provincial Tax which varies from province to province. Sales Tax is 13% in Ontario and is added to most goods and services throughout the country. Taxes are not included in the marked price though, it is added at the checkout and itemised at the bottom of your bill. If you decide to buy a house or apartment in Toronto, you will be subject to provincial land transfer tax and municipal land transfer tax based on the area in which you live and the size of the property you live in. As of April 2017, buyers of property in Toronto who are not residents or citizens of Canada will have to pay 15% more for a property.

 4. Perhaps my least favourite part about living in the city, has got to be THE TRAFFIC. Getting around Toronto has always been an issue and owning a car in the city can be very expensive. Toronto has a public transport system, run by TTC. Many people prefer to use the buses, subway, streetcars, rail or ferries, rather than sit in traffic and pay high parking fees. A single adult ticket on the TTC costs $3.25  but if you want to save money on public transportation, take notes.

  • Group and family day passes are available weekends and public holidays
  • Buy a bike or rent bikes from the Bike Share Toronto. There is a great app you can download to see where bikes are available near you and you can drop it off at a docking station near your destination. There is a good (and overall safe) system of cycle lanes in Toronto. 

5. Lastly, it is important to note that Toronto is a very safe city. The fourth biggest city in North America, it’s also one of the safest in the world, so you don’t need to be worried about walking around downtown at night. But there are definitely certain areas that you do not want to visit, so be aware of those. In addition, you’ll want to lock your bike up everywhere you go.

There you have it, the top 5 things you need to know before moving here. I hope you found this information useful! As a realtor specializing in the Liberty Village and Toronto real estate market, I am here to help guide you through the entire buying or selling process. Grab a copy of my FREE Toronto guide by reaching out to me on the Contact page or on my social media. Look forward to speaking with you!