TORONTO - Neighbourhood residents say they are shocked after a body was found in a Davisville park near a children's playground early Wednesday morning.

Toronto police taped off Oriole Park, near Yonge Street and Davisville Avenue, Wednesday and covered the victim's body in a blanket.

Police said they had received a report of a gunshot around 2:45 a.m. Wednesday morning. They arrived to find the body of a man in his early 30s.

One resident in the affluent neighbourhood heard a commotion around that time.

Patrick Hannan, who lives in a nearby highrise, said he heard a loud noise while on his balcony.

"Just a loud bang," he recalled. "Out of the ordinary. You wouldn't really hear that kind of thing in this neighbourhood. It's very quiet."

He couldn't see anything, but heard squealing tires in the night.

Later Wednesday, police fanned out to conduct a search of the area and to look for any evidence.

Police said they were also looking at video from nearby surveillance cameras, and are appealing to residents to come forward with information.

"Number one, if they heard anything between two and three o'clock in the morning -- in the park, or outside the park. Or if they heard some arguing or anything like that," said Det. Doug Sunstan. "Did they see anybody? If they saw anybody, a description of that person."

Police continue their investigation and an autopsy is scheduled for Thursday.