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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 condo townhouses at 6% and townhouses at 3%. 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 $700,369, an increase of 9% over the same period last year. The average condo price over the past 12 months is $637,454 as compared to the average freehold price of $1,717,875 over the same period.