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The Financial District, centred on the intersection of Bay Street and King Street is the centre of Canada's financial industry.

It contains the Toronto Stock Exchange, which is the largest in Canada and seventh in the world by market capitalization.

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.

There is a large cluster of retail centres and shops in the area, including the Toronto Eaton Centre indoor mall.

Since the 1970s, it has seen extensive redevelopment, including the building of the Rogers Centre stadium, numerous condominiums and the Harbourfront Centre waterfront revitalization.

The construction of skyscrapers in downtown Toronto had started to rapidly increase during the 1960s. Lawrence to the east of the financial district is one of the oldest area of Toronto. Paul's Basilica, the Enoch Turner School House, the Bank of Upper Canada, Le Royal Meridien King Edward Hotel, and the Gooderham Building. Other historical districts in downtown Toronto include Cabbagetown, Corktown, the Distillery District, and Old Town.

It features heritage buildings, theatres, music, dining and many pubs. To the west of the financial district is the Entertainment District.

Downtown Toronto has the third most skyscrapers in North America exceeding 200 metres (656 ft) in height, behind New York City and Chicago.

The retail core of the downtown is located along Yonge Street from Queen Street to College Street.

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It is also the location of the City of Toronto government and the Government of Ontario.

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