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Corktown, Toronto is a central Toronto neighbourhood known for a high number of cyclists, people who walk to work, arts / culture / recreation / sports and management workers, and singles. It is a diverse neighbourhood notable for a high number of Somali, Bengali, Dutch, Japanese, and Vietnamese speakers.
Corktown largely features condos, accounting for 80% of sales, followed by townhouses at 10% and other condos at 4%. Lofts are the most common style and the majority of properties have 1 bedroom. The average price in Corktown over the past 12 months is $701,355, an increase of 29% over the same period last year. The average condo price over the past 12 months is $608,600 as compared to the average freehold price of $1,048,823 over the same period.