10 Wealthiest Neighborhoods in Canada
9) York Mills-Windfields, Toronto
York Mills is part of millionaire’s mile which encompasses the nearby neighborhoods of Bridle Path, Forest Hill, Lawrence Park, and Rosedale. York Mills is a unique neighborhood in the idea that it has gone through what many would call a gentrification of the community. Essentially, through the process of tear-down and rebuild, the affluent coming into the neighborhood have pushed out the lower income and middle class by simply making York Mills too expensive to live in. While apartments and condominiums are home to nearly 30% of the residents, those residents pay high premiums with condos ranging from $350,000 to over $2-million. With several palatial estates in York Mills it can boast the highest average house price in Canada at $3.4 million. Luckily for the residents, average household income is $1,212,275, giving them just enough to afford the estate-style homes that make York Mills one of the most desirable neighborhoods in Canada.
