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Toronto real estate guideToronto

The City of Toronto is the single city created in 1998 when Old Toronto, North York, Scarborough, Etobicoke, East York and York were amalgamated.

TRREB average$1,075,627October 2026

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Population, 2021
2,794,356
Own their home, 2021
51.9%
Median household income, 2020
$84,000
Median age, 2021
39.6

Sources: Statistics Canada. Full citations at the foot of the page. Compiled November 2026.

Homes & prices

TRREB sales for October 2026, and the 2021 Census housing mix.

Sales
2,184
Median price
$835,000
Avg sale-to-list ratio
98%
Avg days on market
30

Average price by home type

  • Detached(741 sales)$1,603,886
  • Semi-detached(266 sales)$1,225,229
  • Condo apartment(949 sales)$659,214
TRREB Market Watch, October 2026.

Homes by type[1]

  • Apartment, 5 or more storeys46.7%
  • Single-detached house23.3%
  • Apartment, fewer than 5 storeys14.0%
  • Semi-detached house6.2%
  • Row house5.4%
  • Apartment or flat in a duplex4.1%
Share of occupied private dwellings, 2021 Census.

What's your home worth?

Start with your address for a rough range on a Toronto home.

Read the market and housing notes

The market in October 2026

TRREB reported 2,184 sales inside the City of Toronto in October 2026, at an average price of $1,075,627 and a median of $835,000. The space between the average and the median comes from the mix of homes that changed hands. Condo apartments were the largest group with 949 sales at an average of $659,214, while 741 detached houses averaged $1,603,886. The MLS Home Price Index composite benchmark for the city was $908,800, which is 3.60% lower than a year earlier. Homes sold for 98% of list price on average and listings that sold had been on the market for an average of 30 days.

The housing stock

Apartments in buildings of five or more storeys are the most common home in Toronto at 46.7% of occupied dwellings, well ahead of single-detached houses at 23.3%. Low-rise apartments add another 14.0%, and semis, row houses and duplex units fill most of what is left. Ownership is close to an even split, with 51.9% of households owning. The averages hide big differences between districts. In the two downtown wards covering the core, only 0.5% of homes are detached houses, while in Scarborough's six wards the figure is 37.2% and in Etobicoke's three wards it is 34.7%. North York's five core wards sit in between, at 19.5% detached and 52.6% in buildings of five or more storeys.

More figures

MLS HPI composite benchmarkDown 3.60% year over year
$908,800[3]
Population change, 2016 to 2021Up from 2,731,571 in 2016
+2.3%[1]
Land areaPopulation density 4,427.8 people per km²
631.10 km²[1]
Homes in apartment buildings of 5+ storeys, 2021542,625 of 1,160,890 occupied private dwellings
46.7%[1]
Immigrants, 20211,286,140 of 2,761,285 people in private households
46.6%[1]
Mother tongue is a non-official language, 2021Single responses; neither English nor French
41.9%[1]

Getting around

Stations, rapid transit and highways.

  • Line 1 Yonge-University (subway)[4]Subway
  • Line 2 Bloor-Danforth (subway)[4]Subway
  • Line 4 Sheppard (subway)[4]Subway
  • Line 5 Eglinton (light rail)[10]LRT
  • Line 6 Finch West (light rail)[4]LRT
  • Union Station GO[5]GO train
  • Highway 401[9]Highway

Schools

Boundaries change. Confirm your address with the board before you buy.

  • Jarvis Collegiate Institute[6]SecondaryToronto District School Board
  • Earl Haig Secondary School[6]SecondaryToronto District School Board
  • Etobicoke School of the Arts[6]SecondaryToronto District School Board
  • Agincourt Collegiate Institute[6]SecondaryToronto District School Board
  • Mary Ward Catholic Secondary School[6]SecondaryToronto Catholic District School Board
  • École secondaire Étienne-Brûlé[6]SecondaryConseil scolaire Viamonde
Find the schools near a specific address

Lifestyle

Parks, neighbourhoods and who Toronto suits.

Who Toronto suits

  • Buyers who want to compare very different home types inside one city
  • Commuters who want rapid transit
  • Condo buyers working with a budget well below detached prices

Neighbourhoods within Toronto

  • Downtown Toronto
  • North York
  • Scarborough
  • Etobicoke
  • East York
  • York

Parks

  • High Park[7]
  • Toronto Islands (Centre Island Park)[7]
  • Edwards Gardens[7]
  • Bluffer's Park[7]
  • Centennial Park (Etobicoke)[7]
Read the full Toronto guide

Overview

The City of Toronto is the single city created in 1998 when Old Toronto, North York, Scarborough, Etobicoke, East York and York were amalgamated. The 2021 Census counted 2,794,356 people on 631 square kilometres, and close to half of residents in private households are immigrants. For a buyer it works less like one market and more like several, ranging from downtown condo towers to postwar bungalow streets in the suburbs.

Day-to-day life

Toronto's day-to-day character depends on which district you live in, and each former city still has its own centre. North York has North York Centre and two of the city's largest malls, Yorkdale and Fairview. Scarborough has Scarborough Town Centre beside its former civic centre, plus the Toronto Zoo and the Rouge River valley. Etobicoke has a run of lakeshore main streets in Mimico, New Toronto and Long Branch. The downtown core holds the Financial District, the Entertainment District, St. Lawrence Market and the PATH underground walkway. Across the city, 41.9% of residents learned a language other than English or French first, which shows up in the shops, places of worship and community groups found in every district.

Is Toronto a good fit for you?

  • Buyers who want to compare very different home types inside one city, from downtown wards where 86.7% of homes are in buildings of five or more storeys to Scarborough, where 37.2% are single-detached houses.
  • Commuters who want rapid transit: five TTC rapid transit lines (Lines 1, 2, 4, 5 and 6) plus GO trains at Union Station.
  • Condo buyers working with a budget well below detached prices: condo apartments averaged $659,214 in October 2026 against $1,603,886 for detached houses.

Homes for sale in Toronto

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Questions about Toronto

Still unsure? Call or text 437-525-2544.

What was the average home price in Toronto in October 2026?

TRREB reported an average of $1,075,627 and a median of $835,000 for the City of Toronto across 2,184 sales in October 2026. Detached houses averaged $1,603,886 and condo apartments averaged $659,214.

Do more Toronto households own or rent?

It is nearly even. The 2021 Census counted 602,925 owner households and 557,970 renter households, so 51.9% own. Renting is far more common downtown, where 63.6% of households in Wards 10 and 13 rent.

Which parts of Toronto have the most detached houses?

Based on City of Toronto ward profiles from the 2021 Census, single-detached houses make up 37.2% of homes in Scarborough's six wards and 34.7% in Etobicoke's three wards, compared with 23.3% citywide and 0.5% in the two downtown wards.

How fast is Toronto's population growing?

The census count rose from 2,731,571 in 2016 to 2,794,356 in 2021, an increase of 2.3%. Growth was uneven: the two downtown wards grew 18.0% over the same period while Scarborough's wards were essentially flat.

Areas in and around

All 18 guides

Sources (12)

  1. [1] Statistics Canada, 2021 Census Profile (Census Profile web data service): Toronto, C (CSD 3520005) (accessed 2026-10-12)
  2. [2] City of Toronto, Ward Profiles (25-Ward Model), 2021 and 2016 Census custom tabulations (Statistics Canada), file 2023-WardProfiles-2011-2021-CensusData (accessed 2026-10-12)
  3. [3] Toronto Regional Real Estate Board, Market Watch, October 2026 (accessed 2026-11-06)
  4. [4] Toronto Transit Commission, Subway, Light Rail and Streetcar Map (edition 09/26) (accessed 2026-10-12)
  5. [5] GO Transit, Union Station GO station details (accessed 2026-10-12)
  6. [6] City of Toronto Open Data, School Locations - All Types (includes school board and former municipality code) (accessed 2026-10-12)
  7. [7] City of Toronto Open Data, Parks and Recreation Facilities (names, addresses, amenities) (accessed 2026-10-12)
  8. [8] Wikipedia, Toronto (accessed 2026-10-12)
  9. [9] Wikipedia, North York (accessed 2026-10-12)
  10. [10] Wikipedia, Scarborough, Toronto (accessed 2026-10-12)
  11. [11] Wikipedia, Etobicoke (accessed 2026-10-12)
  12. [12] Wikipedia, Downtown Toronto (accessed 2026-10-12)

Photos are stock or Creative Commons images for illustration, not homes listed or sold by Ishwar Garg. Photo credits.

Market figures are averages for the period shown and vary by property type and street. They are not an appraisal of any home. Try the home value calculator for a rough range on a specific property.

Buying in Toronto: the costs

Land transfer tax, closing costs and first-time buyer incentives, with official sources.

All market insights

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