Toronto is one of the best cities in Canada for business owners. The city has a strong economy, a diverse population, and a growing need for modern services. Because of this, there are endless opportunities to start a new business.
Toronto’s ever-changing marketplace makes it a perfect place to turn ideas into profitable ventures. Whether you’re a newcomer wanting to start your first business or a local looking for your next big idea, the city offers plenty of possibilities.
These are the top six business ideas in Toronto that are expected to do well in 2025 and beyond.
1. Services for Making Apps and Tech
Toronto is one of the fastest-growing tech hubs in North America. Major companies like Shopify, Google, Meta, and Amazon continue to invest in the city. As a result, the demand for digital solutions keeps increasing.
This creates an excellent opportunity for startups offering:
Mobile app development
Website development
AI-based software solutions
Cybersecurity services
Cloud management services
Many small and medium-sized businesses in Toronto do not have their own tech teams. They often search for reliable tech partners to support them.
If you have skills in programming, UI/UX design, AI, or software development, starting a tech service business can be one of the most profitable ideas in the city. Freelancers can begin with small projects and eventually grow into a full-service agency.
2. Real Estate and Property Management Services
Toronto’s real estate market is one of the busiest in Canada. With strong demand for rentals, condos, and commercial spaces, property management services are always needed.
New entrepreneurs can focus on:
Managing rental properties
Offering cleaning and maintenance
Helping landlords with tenant screening
Providing Airbnb property management
Managing commercial office spaces
As more people move to Toronto for work, property owners rely on managers to handle daily operations. This business requires low startup costs and offers steady monthly income.
With good communication and organizational skills, anyone can build a successful property management business.
3. Health, Wellness, and Fitness Services
People in Toronto are becoming increasingly health-conscious. This trend has opened the door for many new wellness businesses across the city.
Entrepreneurs can explore:
Personal training and fitness coaching
Nutrition consulting
Yoga, meditation, or pilates studios
Mobile physiotherapy or massage therapy
Fitness apps and online coaching
The fitness industry is growing as more people prioritize their physical and mental well-being. If you have a background in health sciences, sports, or wellness coaching, starting a fitness business in Toronto can be both rewarding and profitable.
Many new businesses also combine in-person and online services to reach a wider audience.
4. Food Delivery, Meal Prep, and Catering Services
Toronto’s fast-paced lifestyle has increased the demand for healthy, convenient, and affordable food options.
If you enjoy cooking or want to start a food business, consider ideas like:
Healthy meal prep and delivery
Ethnic cuisine catering
Vegan and gluten-free meal services
Home-based bakery or dessert business
Food truck or mobile kitchen
Many customers prefer freshly prepared meals over fast food, and this demand is growing rapidly. Toronto’s diverse population also means international cuisine is always in high demand.
If you offer unique, high-quality dishes at reasonable prices, your business can grow quickly.
5. Digital Marketing and Content Creation Services
Toronto is home to thousands of small businesses, all competing for visibility. Many of them lack the skills or time to promote themselves online.
This has created a major opportunity for digital marketing startups offering:
Social media management
Website content and SEO writing
Video creation and editing
Graphic design
Branding and advertising campaigns
The demand for skilled digital marketers rises every year. If you have talents in marketing, storytelling, or design, you can start a digital marketing agency from home with very little investment.
As businesses grow, they will always need experts to manage their online presence, making this a safe and fast-growing business idea.
6. E-Commerce and Online Retail Business
Online shopping has grown rapidly in Canada over recent years, and Toronto is at the center of this trend. Thanks to platforms like Shopify, Etsy, and Amazon, starting an online store is easier than ever.
Popular e-commerce categories include:
Handmade or custom products
Health and beauty items
Eco-friendly products
Clothing and accessories
Home and tech gadgets
Entrepreneurs can run their stores entirely online, which lowers startup costs and eliminates the need for retail space. Many Toronto-based e-commerce businesses have grown into national brands simply by offering unique, high-quality products.
With an effective marketing strategy, online stores can reach customers across Canada and around the world.
Last Thoughts
Toronto is an outstanding city for new entrepreneurs. Its strong economy, multicultural population, and commitment to innovation make it an ideal place to start a business.
Whether you’re planning to launch a tech company, wellness studio, marketing agency, or online store, Toronto offers huge potential for growth.
The key to success is identifying a need, offering something unique, and consistently providing value. With the right strategy and dedication, any of these six business ideas can grow into a profitable and long-lasting venture in Toronto.
