Toronto vs. Vancouver: Lifestyle & Real Estate Considerations

01.9.24 | Toronto & Neighbourhoods

Canada’s two largest cities, Toronto and Vancouver both have a lot to offer. From unbeatable quality of life and great homes to diverse cultural scenes, amazing amenities and everything in between. 

These two cities have a lot in common, but they’re both distinct in their own way. So if you’re thinking about making the move from one to the other, it’s important to consider the pros and cons of each city and how they may suit your personal needs and plans for the future. 

Overall Feel

One of the most notable differences between Toronto and Vancouver is the overall feel. While both cities certainly have an undeniable urban energy, their general atmospheres do stand out from one another. 

Toronto’s urban density makes it easy to feel the rush of big-city life. On the other hand, If you’re more drawn to outdoor activities and a more relaxed pace of life, Vancouver might be your haven.

Toronto, with its multicultural population, exudes an international feel. There are countless festivals, art galleries, and theatres, making it an ideal destination for those who thrive in a bustling, cosmopolitan environment. Vancouver, on the other hand, boasts a laid-back West Coast vibe, surrounded by stunning natural beauty. 

While there’s something to be said for both dynamics, it’s important to be aware of how each city feels – especially if you’re thinking about relocating. 

Access to Nature & Climate

Along with each city’s distinct feel, Toronto and Vancouver vary in their proximity to nature and year-round climate. 

While Toronto is close to some truly amazing outdoor amenities and provincial parks, Vancouver takes the lead when it comes to proximity to nature. Surrounded by Coastal Mountains and the Pacific Ocean, the city offers ample opportunities for outdoor activities like hiking, skiing, and kayaking. Toronto, while not lacking in parks and recreational spaces, can’t quite match the natural playground that Vancouver provides.

On that note, if you like spending time outdoors, you’ll want to think about climate. Toronto experiences a classic Canadian climate, with hot summers and cold winters. Alternatively, Vancouver enjoys milder temperatures throughout the year, thanks to its coastal location. If you prefer a more temperate climate and are not a fan of extreme cold, Vancouver’s winters might be easier to endure. That said, despite being slightly warmer, winter in Vancouver can be fairly rainy and grey. 


Moving to Toronto and want to get a sense of the city’s unique neighbourhoods? Explore these blogs next. 


General Costs of Living

Both cities are known for their high cost of real estate, however, it’s not just housing that’s expensive. In both cities, everyday expenses can take a toll on your wallet. In British Columbia, the Provincial Sales Tax, combined with GST adds up to 12%, while Ontario’s HST is 13%.

Getting Around

Another major detail to consider when comparing Toronto and Vancouver is accessibility and getting around town. 

Toronto’s extensive transit system is one of the best in North America. The TTC’s network of buses, subways, and streetcars, makes it relatively easy to navigate the city without a car. Vancouver’s transit system is efficient as well, but the city’s layout can result in longer commute times, especially if you reside in the suburbs. 

Consider your daily commute tolerance and whether you value the convenience of a well-connected transit system. If you own a vehicle and don’t mind driving, either city may work for you. 


Selling your Toronto home and moving west? Check out these blogs for helpful insights. 


Real Estate Costs

Toronto and Vancouver are both known for their higher-than-average real estate prices which can be overwhelming for some first-time home buyers. That said, in both cities, condos present a more accessible entry point for those on a tighter budget, while detached homes remain a premium investment. 

Types of Neighbourhoods

Both cities boast diverse neighbourhoods, each with its unique charm. Toronto’s neighbourhoods showcase the cultural mosaic of the city, from the historic Cabbagetown to the trendy Queen Street West and more family-oriented areas like Riverdale, Leslieville, and The Beaches. 

Like Toronto, Vancouver’s community landscape is relatively diverse and dynamic. Neighbourhoods range from the bustling Coal Harbour and trendy Kitsilano to the serene suburbs like West Vancouver and North Vancouver.

Want to find the perfect Toronto home or need help selling? Silver Burtnick & Associates is here for you. Call 416-587-3300 or click here to send us an email