The Ivory Coast international has become a hugely influential figure in Roberto Mancini's side since arriving from Barcelona in the summer of 2010.
He may not yet have reproduced his scintillating form of last season but the 29-year-old stressed he still has more improvements to make.
"I would love to end my career here," said Toure.
"Nobody knows what the next step is in football and I believe that if you stop dreaming, you should stop playing football, but this is where I want to be.
"When I first arrived at City every time I went to sleep I would dream about us winning something and about us being the best team in whatever competition we take part in.
"I believe I have to work harder all the time to improve and stay at the top level with this club.
"I will give my all every time I play and I will never forget how the fans have treated me here so nothing would give me greater pleasure than to finish my career as a Manchester City player.
"There is no other place I would rather finish with and I want to continue winning titles and trophies with City."