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Chinatown, Toronto is a central Toronto neighbourhood known for a high number of people who walk to work, cyclists, arts / culture / recreation / sports workers, renters, and singles. It is a diverse neighbourhood notable for a high number of Mandarin, Chinese, Cantonese, Japanese, and Vietnamese speakers.
Chinatown largely features condos, accounting for 89% of sales, followed by townhouses at 6% and other houses at 2%. Condo apartments are the most common style and the majority of properties have 1 bedroom. The average price in Chinatown over the past 12 months is $652,649, an increase of 27% over the same period last year. The average condo price over the past 12 months is $561,382 as compared to the average freehold price of $1,494,463 over the same period.