Moving to Toronto, but what area?

Travel Info
I'm moving to Toronto on the 7th of march from england but I've only visted once so don't know it all that well. I'm looking for suggestions on good areas to get an apartment, heres what I'm looking for...

Somewhere good for twentysomethings with good night life etc. Not too expensive as I'll be working in bars and somewhere with easy transport to get to other areas of the city. Any ideas?

Travel Tips

There's a north-south subway along Yonge Street which would allow you to live north of the downtown core. To put it in perspective, if you lived at the north end of the city, at Yonge and Finch, it would be about a 30-40 minute ride (guessing) on the subway to downtown.

Ideally, though, if you planned to work/enjoy the night life, you would probably be better to live closer to the entertainment district. Look here: http://www.thedistrict.ca/

If you enjoy nightlife, then you'll also probably prefer to live downtown. You have to be a bit more selective when you're choosing a place to live, though. There are nicer areas and not-so-nice areas. Unfortunately, I live in the suburbs, so I can't help much.

Toronto is a pretty safe city, compared to many of the other big metropolises.

Welcome to Canada!

Others
Move to the Canadien part.
If not expensive, then I would suggest take something that's walkable from a subway station or a GO bus station. So for example, if you really want to save a lot of money, but it'll add significantly to the commute time to the entertainment district, I would suggest look for places near Kipling, Islington, Royal York or Old Mill subway stations (get maps from ttc.ca to figure it all out) and live in that area. As you are most likely to be working in the entertainment district (go to thedistrict.ca to know what I'm talking abt) if you're gonna be working as a bartender. Really, if you're near a subway station you're golden.
Dude, you are coming from england, you'll find everything cheap. i would say go to the yorkville area (young and bloor), its an area for young proffessionals, with easy access to the ET district. the condos there are awesome, welcome to canada man. you'll love it here
Living in England is much more expensive than here. Unless you're coming with some sort of 'stash' of money to get a start, Toronto's not cheap, unless you live in the more downtrodden areas(same most places I guess). That's not a good idea. Also, 'bar' workers get about $6 per hour wages and have to depend on 'tips' to augment their income. This wage here is pathetic. Unless you get lucky and hit a spot where you settle in and the tips roll in, it'll be tough. Good luck. Chew on that for a while and then do the research on where in this good city you may want to start out to live. There have been some reasonable suggestions, but I've stated it won't be easy. I have 2 daughters in the biz in their 30's and one is still living at home(beautiful, but not found the right guy yet) - can't afford to live on her own. 'nuff said.
You need to be close to downtown Toronto. It has the highest concentration of nightlife, bars for you to work in and public transportation that you are looking for.
I will recmnf some thing in the neighbourhod of Down town
Search some thing at Parliment and Danforth or Bayview and danforth
easy commute to down town