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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 84% of sales, followed by other condos at 6% and condo townhouses at 4%. 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 $707,348, an increase of 7% over the same period last year. The average condo price over the past 12 months is $659,936 as compared to the average freehold price of $1,706,857 over the same period.