North York Centre is the name of the neighborhood in Toronto, Ontario, Canada, surrounding the Toronto Transit Commission subway station of the same name. The subway station is the second last stop on the TTC's Yonge subway line, just before Finch Station in Willowdale(pics). Although the subway to Finch had been opened in 1974, North York Centre station opened in 1987 to serve the growing downtown core of the former City of North York. North York was merged with five other municipalities and a regional government to form the new "City of Toronto" in 1998. The Yonge corridor between Finch and Sheppard Avenues grew extensively after the opening of the subway station. To relieve pressure on downtown Toronto, the Official Plan for Metropolitan Toronto encouraged densification at North York Centre (and other suburban centres) permitting high rise condominium towers and office buildings.
A 2001 Census showed that the average household income is approximately $78 000, with a disposable income of $48 000. It is projected that by the year 2011, the average household income will reach $97 000, with a disposable income of $62 000. See http://riocan.creedsolutions.com/demographics/223B.pdf