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Financial District, Toronto

3.5
The Financial District is a business district in Toronto, Ontario, Canada, within the downtown core. It was originally planned as New Town in 1796 as an extension of the Town of York (later the St. Lawrence Ward). It is the main financial district in Toronto, and is the financial heart of Canada. It is bounded roughly by Queen Street West to the north, Yonge Street to the east, Front Street to the south, and University Avenue to the west, though many office towers in the downtown core are being constructed outside this area, which will extend the general boundaries. Examples of this trend are the Telus Tower and RBC Centre.Within the district was the historic Wholesale District along Bay Street from Melinda Street to The Esplanade was destroyed by the Great Fire of Toronto of 1904.It is the most densely built-up area of Toronto, home to numerous banking companies, corporate headquarters, high-powered legal and accounting firms, insurance companies and stockbrokers. In turn, the presence of so many decision-makers has brought in advertising agencies and marketing companies. The banks have built large office towers, much of whose space is leased to these companies. The bank towers, and much else in Toronto's core, are connected by a system of underground walkways, known as PATH, which is lined with retail establishments making the area one of the most important shopping districts in Toronto. The vast majority of these stores are only open during weekdays during the business day when the financial district is populated. During the evenings and weekends, the walkways remain open but the area is almost deserted and most of the stores are closed.
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TripAdvisor
  • September 26, 2017
    Not a tourist attraction unless you’re a commercial builder, architect, or work in world of finance! Like any other large city financial district it’s a collection of tall buildings, high-end shops, f...  more »
  • September 8, 2017
    The financial district of Toronto remember New York, but the buildings are much more beautiful. Access is also for union station.
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  • September 4, 2017
    Doesn't stand out from another financial center of any modern country, with these skyscrapers to the glass walls, go quickly.
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Where to stay in Toronto

Most visitors stay in the historic neighborhood of Old Toronto, as the central district offers unparalleled access to the best attractions in the city and several metro stations within walking distance. If you're looking for a different taste of Toronto, stay in the trendy neighborhoods of West Queen West or King West Village, popular for their nightlife, arts, and cafe scenes. You can embrace Toronto's multicultural charms by staying in Chinatown, perhaps the city's best location for foodies.
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