what is toronto known for
1 Visiting the Royal Ontario Museum in Toronto Toronto is one of the largest cities in North America. 2  It is also known for its world-class attractions, including art and cultural institutions, like the Royal Ontario Museuâ¦.==== There is another theory as to the meaning of the word Toronto.. Many are of the opinion that it means trees in the water.. Lake Simcoe was at one time called Lac de Toronto, and the first nations footpath leading from the mouth of the Humber River to Lake Simcoe was known as the Toronto Portage.