10 Wealthiest Neighborhoods in Canada
5) Forest Hill South & UCC, Toronto
Forest Hill South and UCC (Upper Canada College) are considered one of the most affluent neighborhoods in Toronto with an annual household income of $629,972 and average house prices at $3.18 million. Much like many other affluent neighborhoods, there is a link to a high percentage of married couples at 88%, as well as a focus on education and neighborhood amenities and a sense of community. Historically, in the 1930’s, wealthy Jewish immigrants began moving into Forest Hill South. People of the Jewish faith now account for more than 30% of the population, double that of the next cultural background, Russians. Today, the area is popular with prominent business people, doctors, lawyers, and politicians. Many of the streets are wide and designed to keep traffic slow and at a minimum. This isn’t a necessarily bad thing, as passersby have the opportunity to see the distinguished and intricate landscaping of many of Forest Hill South’s larger and grander homes.
