10 Wealthiest Neighborhoods in Canada
10) Bridle Path, Toronto
Bridle Path is the most affluent neighborhood in Canada, and situated along millionaire’s row with affluent neighbors York Mills and Lawrence Park, which also made this list. Formerly known as North York, Bridle Path is typically known for its multi-million dollar homes and large plot sizes that average two to three acres per residence. Bridle Path, a rather late-comer in the area, wasn’t developed for affluent homes until the late 1930’s and early 1940’s as the needs of the affluent began to expand in the area. Bridle Path is home to some of Canada’s biggest media moguls, celebrities, doctors, and engineers. Its proximity to the Sunnybrook Health Centre can also explain the high number of health professionals who live in the area. The average household income is $936,137 with house prices averaging $2.24 million. However, it is the average household net worth that is mind bogglingly incomprehensible at $22.2 million, which explains why Bridle Path is clearly at the top of this list.
