The area is made up of Canada's largest concentration of skyscrapers and businesses that form Toronto's skyline.
Since 2022, downtown Toronto has the second most skyscrapers in North America exceeding 200 metres (656 ft) in height, behind only Midtown Manhattan, New York City.
The area includes several live theatres, a movie complex at Dundas Square and the historic Massey Hall.
Historical sites and landmarks include the Arts & Letter Club, the Church of the Holy Trinity, Mackenzie House, Maple Leaf Gardens, Old City Hall, and the Toronto Police Museum and Discovery Centre.
It is home to hundreds of restaurants, nightclubs, sporting facilities, boutiques, hotels, attractions, and live theatre.
The area to the east of Yonge Street is still in transition, with the conversion of industrial lands to mixed residential and commercial uses planned.
In the 1970s, Toronto experienced major economic growth and surpassed Montreal to become the largest city in Canada.
Since 2007, urban consolidation has been centred in downtown Toronto and as a result has been undergoing Manhattanization with the construction of new office towers, hotels and condos.
Four different public school boards provide primary and secondary education for the City of Toronto, as well as the downtown area.
The Université de l'Ontario français is a French-language postsecondary institution situated in East Bayfront.
Downtown Toronto is home to the flagship department stores of The Bay, Saks Fifth Avenue and Holt Renfrew.
The Old Town portion of the downtown, stretching from St. Lawrence Market to the Distillery District is home to many furniture stores, interior design studios and contemporary casual dining options.
The CF Toronto Eaton Centre, a large, multilevel enclosed shopping mall and office complex that spans several blocks and houses 330 stores, is the city's top tourist attraction with over one million visitors weekly.
Other indoor shopping malls include College Park, the Tenor, Aura, Yorkville Village, Atrium on Bay, Village by the Grange, Manulife Centre and the PATH underground city network, the largest underground shopping complex in the world.