Etobicoke, home to a booming economy, is the fourth largest head office centre in the country. The manufacturing, retail and the service sectors are the major contributors to it. Some of the most noteworthy business vectors in Etobicoke are chemical, transportation (automotive) parts and equipment, electronics, computer industry, and pharmaceuticals.
However, in recent times, the construction industry has made giant strides. Many new condos are getting developed in Etobicoke, along the waterfront near Humber Bay and along Bloor street. Due to the rapid construction of condos in Etobicoke in the recent past, the population of Etobicoke increased, after a phase of decline. The ones that have been built are getting sold at a brisk rate. The development and migration are not going to stop anytime soon, suggesting a very good time to invest.