The Toronto Waterfront Marathon is considered Canada's most prestigious road race, also acting as the nation's time-trial event during Olympic cycles.

[4] In the 2018 race, Cam Levins broke Jerome Drayton's 43-year-old Canadian men's national record for the marathon, finishing fourth in 2:09:25, a 44-second improvement on the previous mark set by Drayton in 1975.

[5] The 2020 in-person race was cancelled due to concerns surrounding the global COVID-19 coronavirus pandemic (as was the case for the May 2020 Goodlife Fitness Toronto Marathon event), although virtual races were to be held instead from October 1 to 31, 2020 instead.

[6] In 2024, organizers announced that the marathon and half-marathon would occur on Sunday, and the 5K race will be held on the Saturday.

The Scotiabank Toronto Waterfront Marathon has successfully raised millions of dollars for charity since its inception.