The accuracy of these figures is questionable due to the National Household Survey being optional, and therefore wealthier people could possibly be over represented.
But considering the location in the heart of downtown Toronto and the rapid expansion of condominium build ups, people would have to make more money to live here.
Four 'park lots' (numbers 9 to 12) comprised the area north of Queen just across from the heart of Toronto between Yonge Street and just west of College Avenue (now University Ave).
The area just north of Lot St (Queen) became something of an institutional area with buildings such as the House of Industry (still standing),[6] the Armoury (behind Osgoode Hall, now demolished for the University Avenue Court Houses) and the Eaton's Company store to the south (creating 'the cavern' with the Hudson Bay building on the south of Queen St) and the University of Toronto in the 'University Park' to the north which was gated at Queen St & College Ave (University Ave) and was largely forested.
By about 1900 there still remained a large residential district called 'The Ward' which became Toronto's first Chinatown but also attracted many attempts to have it demolished as it was economically depressed.
At this time some of Toronto's oldest and most important institutions south of Queen were replaced with larger buildings north of Queen St such as Old City Hall (called 'New' City Hall at this time) at the top of Bay Street[7] and the Ontario Parliament Building; Queen's Park on the university grounds at the top of College Avenue (renamed University Ave).