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When the expanded Toronto Mega City was formed in 1998 the North Toronto neighbourhood went from being located at the north end of the old city to occupying a central location within the new city boundaries. Despite these changes North Toronto's identity as a neighbourhood endures.

North Toronto is especially popular with families raising school-age children. It has everything families are looking for in a neighbourhood including good size houses, an excellent selection of public, private and separate schools, convenient access to Toronto's transit system, and a multitude of parks and recreational facilities.