Canada's richest postal codes: Where the money's at

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While the European economies tumble like so many dominoes courtesy of the sovereign debt crisis and the United States juggles its own unwieldy debt and unemployment problems, it is comforting to know that Canada’s richest people are safe and snug in their tony neighbourhoods and spectacular mansions.

With the help of Environics Analytics, we have listed Canada’s richest neighbourhoods by Forward Sortation Area (the first three letters in your postal code) based on the most recent average net worth of the residents.

Not all rich neigbourhoods are created equal however. The homes in the leafy, ravine-crossed area of Rosedale (Canada’s 3rd richest postal code), where generations of Canada’s bluebloods have grown up, looks quaint and tiny when compared with the castles that dot the landscape in Toronto’s rural suburb, Kleinburg (the 10th richest). While the homes of Springbank (5th richest), outside of Calgary, nestle in the foothills of the Rockies, where the deer and the antelope play, Montreal’s Westmount (2nd richest) sits in the centre of one of Canada’s busiest cities.

Of course there are expensive homes and then, jaw-dropping, spectacular homes. The older homes in Toronto’s rich areas are pricey indeed, but are not opulent by the standards of Vancouver’s nouveau riche where a view of the ocean will set you back $20 million, ten times the amount of a house further back from the coast.

Check out our rankings of Canada’s richest postal codes and see if your ‘hood made the list.