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Toronto

Toronto is Canada’s largest city, with a huge condo market, diverse neighbourhoods and a strong job base in finance and tech. The condo segment has softened while detached homes remain scarce and expensive.

  • Business district
  • Nightlife
  • Fast growing
Indicative figures
Median sale
$737.2K
Median rent
$2,263/mo
Price per area
$712/sq ft
Year on year
Down −1.0%vs last year
Days on market
38days
Walk / transit
79 / 78/100
Overview

About Toronto

Glass condo towers fill the downtown core, while Victorian row houses and detached homes line the older streets. More than half of residents were born outside Canada, which shows in the food and shops.

The TTC subway, streetcars and GO Transit cover the city and region. Driving downtown is slow, and the Gardiner and DVP are congested at peak.

In 2026 the median sale price is about CA$1.01M, roughly CA$10,500 per square metre, and a typical 2-bedroom rental costs about CA$3,100 a month. Prices are down 1% on a year ago and homes take around 38 days to sell, which points to balanced demand.

Toronto has a municipal land transfer tax on top of the provincial one, so closing costs are high. Condo fees and reserve fund health deserve scrutiny.

Contemporary glass-walled villa with long swimming pool, timber deck and palm tree
Architectural render of a concrete modern house with lit driveway and car at dusk

Walk score79 / 100

Market

Prices and rents

  • Typical sale price

    $737.2K
  • Typical rent

    $2,263/mo

Toronto has cooled over the past year. Buyers have more negotiating room than in recent years, while sellers need to price realistically to attract offers.

Indicative figures from our listings and transactions.

Row of period apartment facades along a quiet city street
Bright spacious living room with marble floor, teal sofa, curtains and wall-mounted television
Demand
Moderate
Gross yield
3.7%
Homes listed
6
Gallery

Toronto in pictures

Map

On the map

6 current listings in Toronto. Hover or tap a price for details.

  • PriceListing
  • Area centre
View all on the map
Listings

Homes in Toronto

Agents

Agents who know Toronto

Areas

Areas in Toronto

  • Yorkville

    Toronto, Canada

    Median sale
    $1.1M
    Median rent
    $2,993/mo
    2 listingsUpscaleBusiness districtNightlife
  • The Annex

    Toronto, Canada

    Median sale
    $1.1M
    Median rent
    $2,555/mo
    3 listingsFamily friendlyNightlifeUpscale
Nearby

More cities in Canada

  • Vancouver

    Canada

    Median sale
    $912.4K
    Median rent
    $2,263/mo
    4 listingsWaterfrontUpscaleBusiness district

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