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User-65225

12/07/17 3:14 PM

#80632 RE: User-65225 #80631

MARKET DEMOGRAPHICS

In 2014, the total population of the Yonge/Eglinton submarket was 96,366 with that number projected to increase by 12.0% to 107,977 by 2024.

The submarket at Yonge/Eglinton is a relatively affluent area, with average annual household incomes of $186,463 (projected to rise by 17.6% to $219,276 by 2019). By comparison, average household incomes across the GTA as a whole were $109,284 in 2014.

The population of the Yonge/Eglinton submarket is slightly younger than Toronto as a whole with the median age at 38.2 years. 25 to 34 year-olds are the largest demographic, comprising 19.6% of the population.

Dominant sectors among the submarkets 3,708 businesses include education, health and social services as well as legal, accounting and consulting firms.

Of the 47,057 occupied dwellings (2014) in the Yonge/Eglinton submarket, 20,820 were owned and 26,237 were rented. Apartments and low to high-rise multifamily buildings constructed before 1960 make up the bulk of dwellings in the neighborhood.


http://www.cbre.ca/EN/o/toronto-downtown/properties/40-holly-street/Pages/market-demographics.aspx