Toronto’s 416 Area Codes Selling for Hundreds of Dollars

by Istvan Fekete on July 29, 2014

You might be from Toronto if: (1) you think silence is terrifying; (2) you don’t use your phone as a flashlight to find things because the light that shines through your window from the street always leaves your room bright enough; (3) you describe distances by way of streets/landmarks; (4) you’ve lived above at least one bar or store; oh, and (5) if your phone number starts with the oldest area code: 416.

By the way, if you are looking for some extra cash, those three numbers – 416 – can bring you a nice lump sum: think in terms of hundreds and even thousands of dollars. Well, if you are lucky enough to own a phone number desired by someone else, and that person is willing to pay the price, you ask for it (via the Star).

Reza Esmaeili, for example, a local residential and commercial real estate broker with Homelife/Victory Realty, purchased his current phone number for $500.

For born-and-bred Torontonians, the city remains synonymous with the 416 area code introduced in 1947. Since then, the CRTC has introduced area codes 647 and 437, but if you want to give the impression of an established Torontonian, you need to have that magical area code.

Georgios Pappas is an established phone number vendor in the area, who searches for creative 416 numbers through various carriers in the city. Once he is assigned a number, he makes a minimum payment on the account each month, until he finds a buyer.

“They feel that a 647 number makes them feel like they’re not established. Let’s say you need a lawyer. If you call a 647 number, how credible is that lawyer, how many years has he been in business for?”

Obtaining a 416 can be difficult, since the Canadian Numbering Association no longer hands out 416 numbers to Toronto carriers. There are more than 2 million 647 numbers left to be assigned. As for the 437 area code, it has so far been assigned to only 260,000 people.

A carrier new to Toronto could not offer 416 numbers to customers. But that’s not the case for Digitcom, which has been in business since 1991. Digitcom has hundreds of 416 numbers available, which the company uses to deploy on its hosted PBX and SIP trunk network customers. For more information, visit Digitcom’s page.

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Written by: Istvan Fekete. Follow by: RSS, Twitter, Facebook, or YouTube.

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