City of Toronto
Investing in Toronto
Canada's largest market with the highest revenue ceiling and the highest cost of entry.
Population
2,930,000
Median income
$84,000
Retail rent
$40–$110/psf
Vacancy
5.1%
Why invest in Toronto
- Highest average sales per square foot in Canada.
- Tourist and downtown daytime traffic supporting premium concepts.
- Strong concept-validation environment for franchising and expansion.
- Dense neighbourhood retail strips (Queen West, Ossington, Bloor) reward differentiated brands.
Top commercial corridors
Yonge & Eglinton
High-income, high-density mid-town.
Queen Street West
Premium independent retail and F&B.
Scarborough Town Centre
Mall-anchored, diverse consumer.
Danforth Avenue
Established neighbourhood retail strip.
Growth drivers
- Eglinton Crosstown and Ontario Line opening incremental TOD nodes.
- Continued condo delivery in downtown, midtown, and waterfront.
- Tourism rebound and convention calendar supporting hospitality demand.
Best businesses to open in Toronto
Ranked by demand fit for the Toronto consumer base and retail environment.
Shawarma Restaurant in Toronto
High-velocity, low-food-cost QSR concept with the GTA's strongest cuisine demand.
Score 78 · Profit $7–19k/mo
Bubble Tea Shop in Toronto
Low food-cost, high-margin beverage concept with strong Gen Z and student demand.
Score 82 · Profit $5–14k/mo
Independent Coffee Shop in Toronto
Brand-led specialty coffee concept with strong neighbourhood loyalty.
Score 71 · Profit $4–13k/mo
Medical Spa in Toronto
Premium service business with $90,000+/mo revenue ceiling and 28-35% net margins.
Score 84 · Profit $14–50k/mo
Also possible in Toronto
Pizza Restaurant
76High-volume QSR with strong delivery economics and proven franchise paths.
Modern Barbershop
85Recurring-revenue service business with low capex and 22-30% net margins.
Nail Salon
78Service business with strong female consumer loyalty and 20-25% net margins.
Shisha Lounge
52Late-night hospitality concept with strong cultural demand in Mississauga and Brampton.
Find your commercial space in Toronto
Mohammed represents buyers, sellers, and tenants of commercial real estate across the GTA. Get a no-obligation conversation about site selection, lease negotiation, and financing.