The Downtown Toronto skyline at night
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Victorian buildings are scattered throughout the Downtown Toronto area
Downtown Toronto - Old Town Toronto

The downtown core of Toronto contains two distinctive districts. The Downtown Toronto area contains massive skyscrapers, modern buildings, and a huge underground shopping district. It features Harbourfront, the Eaton Centre, City Hall, and the Entertainment district. There are a large number of comdominiums, but virtually no houses and few rental buildings. In contrast, the Old Town Toronto area has thousands of historic buildings that were constructed during the 19th century, including the St Lawrence Market, which has been in continuous operation for more than 200 years. Victorian homes stand beside modern condominiums and rental buildings. The Sony Centre, FlatIron Building, and St James Cathedral are all part of Old Town.

Throughout both of these areas are an enormous variety of restaurants, stores, and services. Each area is unique, and many communities have formed into distinct neighbourhoods and environments. Walk around the streets and step into the businesses to view their information, book a reservation, read their dining menus, and view their interiors. Use this website to find a rental apartment, look for a new home, get a real estate rep, shop local stores and services, locate fine dining, and find entertainment. It's all available here - for the best in hospitality has been served in Downtown Toronto and Old Town Toronto since 1793 !!


Victorian buildings are scattered throughout the Downtown Toronto area
Walk Around The Neighbourhood

Just click on the photo below to be placed on the sidewalk at Yonge and King in the heart of Our Town Toronto. Turn left to walk into Old Town. Turn right to walk into Downtown. Or go straight and walk down the famous Yonge Street Strip to Harbourfront. While you walk, click or tap on any Floating Sign you see above you to enter a building or business.
Click this photo to walk the streets of Our Town Toronto
Click this photo to walk the streets of Our Town Toronto
Click this photo to walk the streets of Our Town Toronto
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Featured Downtown Rental

Maple Leaf Quay

The Quay

The Quay is a prime upscale rental complex in downtown Toronto. Situated right on the lake in the heart of the Harbourfront tourist district, it consists of two modern towers that have floor to ceiling windows in every suite. The views from most of these suites are stunning, with many having an unobstructed view of the lake. If you want a change of view, just head to the roof. There you will find a complete panaroma of the city from the open rooftop, where you can barbeque or soak or up the sun in summer, or peek into the SkyDome during a game. Other amenities include a high tech business centre, guest suites, a full gym with the latest equipment, party room with bar, media room, lounge, and a billiards room. Inside each rental suite is a modern open concept kitchen with ceramic tiled floors, fridge, stove, microwave oven, and your own dishwasher.

For complete information on this complex please view the Mmicrosite® on Toronto Vacancies for 350 Queens Quay.
New Condo Report

Pier 27 Condominium Toronto Canada

The Residences at Pier 27

Located right along the Toronto Waterfront at the foot of Yonge Street, the Residences of Pier 27 consist of two spectacular all-glass buildings. These two buildings are 14 and 12 storeys respectively, and are connected by a three storey bridge section on the top levels that unite the penthouse suites. The amenities at Pier 27 include a private dining room with fireplace, a theatre for private screenings, fitness room, outdoor swimming pool, indoor lap pool, a concierge, steam room, sauna, and guest suites. Pier 27 is the first condo construction site located in the new East Bayfront community, which runs along Lake Ontario from Yonge Street east to Parliament Street.

For further information on this exciting new condominium project, please contact a condominium expert at Royal LePage Your Community Realty. To view additional information on these Toronto waterfront condo buildings please view the CondoBook page for the Residences of Pier 27.
Feature Article
Why Electricity Is Unaffordable
One of the things I am constantly told is that Ontario is making wonderful use of wind and solar power, but no one bothers to mention that we are paying up to 40 times the cost of traditional power in order to make this happen. Imagine if all of your electricity came from solar power, where the government is paying up to 80 cents per kilowatt hour, instead of paying about 2 cents for traditional power such as from a waterfall. If your hydro bill today was $118 per month for only traditional power, switching to using only solar power would raise your bill to about $4,000 a month, or around $48,000 per year. No one talks about this, yet it is reality. It is why your hydro bill keeps rising dramatically, because every time the government agrees to add more solar power or more wind power to the hydro system, the enormous cost of that power is blended in to your per-kilowatt cost of electricity.

The reality is that even today in 2016, for every $100 of electricity you purchase, only $23 is for the electricity - the other $77 is essentially a tax to pay for the enormous cost of subsidizing solar and wind power, which accounts for just a tiny amount of the power we consume. You should be paying that $23 instead of $100. Why? Because that is what the Americans are paying right now when they that buy power from us. The government buys solar power at up to 80 cents per kwh, then sells it to the Americans for around 2 cents per kwh, losing about 78 cents for every kwh they sell. Who pays for the 78 cents they lose? You do, on your hydro bill.

This is why you are paying so much money. While I am sure that it was not the intent of the government to subsidize Americans living in their condos, this is the effect, because those Americans are paying about 2 cents per kwh for your electric power, the same power you are paying up to 8 times the price for, even though it is coming from the same Ontario power plant on the same day. And the Americans who buy our power for 2 cents did not pay anything for building the power plant it comes from - you paid for it through lots of different taxes.

Every month I also get some piece of paper that tells me I should conserve electricity. The assumption is that if I cut back on my use of power, then I am being a good citizen and at the same time reducing my expenses. The reality is that it does not matter how much electricity you conserve. If a large number of people start conserving electricity, then the per-kilowatt cost of electricity on your bill will go up to make up the difference so that your hydro bill will stay the same. This is because many producers of power are paid by the amount of electricity they produce, not for the electricity we consume. So if you cut your electric consumption in half, then your per-kilowatt cost over time will double so that you pay the same amount as you did before. This is what the government has agreed to through a formula called the Global Adjustment Fee.

Electricity, like food, is a staple of life. Many people like me live in a condo or rental unit where all heat is derived from an electric heating system and all water must be pumped to the floor we live on. Pumping water to the 50th floor of a building takes a lot of electrical energy, and so does heating your apartment with a heat pump. The electricity we use is not optional. It is necessary and mandatory so that we don't freeze to death or die from dehydration. No one can argue that heat and water are necessities of life.

Yet, in Ontario, some governments have the attitude that using electricity is somehow a luxury that you should conserve and make sacrifices for, even though any conserved power likely just goes to America at fire sale prices. While I am all for the benefits of solar and wind power, creating enormous expenses by signing 30 year deals where you agree to pay up to forty times the going price for a readily available commodity like electricity shows a level of governance that every person paying for electricity should seriously question.

For further reading, please see this article on Global News

Gary Loftus

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