Canada’s Richest Neighbourhoods 2014: The Top 5 Richest Neighbourhoods in Ontario

Average Household Net Worth: $10.44 million

Average Annual Household Income: $906,266

Average House Price: $2.81 million

In its earliest days in the 1900s, under the Dovercourt Land Building and Saving Company, Lawrence Park was advertised as an “aristocratic neighbourhood.” And while residents of our 2011 winner may not have hereditary titles, the area is home to its fair share of Canadian royalty: mayoral hopeful John Tory and Blue Jays president Paul Beeston have both lived here. With little success to toast on the field or at the ballot box for that pair in recent years, it’s not surprising that champagne consumption is on the low end of our list.