18 York Street Financial District
Three new big office towers, Telus Tower, RBC and the Bay Adelaide Centre have contributed to the live, work and play in an urban environment and to Toronto’s office comeback.
Ii is difficult to say who came first, the Toronto downtown Condos or the Toronto downtown financial district office towers.
Toronto is lucky to maintain a young and vibrant downtown atmosphere, at the same time collecting taxes from the many residential Condos and also collecting the business taxes from all the downtown business in the multiple office towers.
Many of my young professional clients looking for Condos, want to relocate to downtown Toronto to avoid the long commutes and once downtown the need for a car becomes less and less.
It was not long ago that businesses fled Toronto for the suburbs in the 905 area, so many that the 905 areas have 66-million square feet of office space, more than Calgary and Edmonton combined.
Related:
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