Toronto Real Estate | Houses For Sale in Toronto

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Detached

30 Addison Cres, Banbury-Don Mills, Toronto, Ontario M3B1K8

AIMHOME REALTY INC., BROKERAGE
4+1Bedroom(s)
7Bathroom(s)
29Picture(s)
Custom Built By Luxury Home Builder Tuscan Valley Home W/Luxury Features On Child-Safe St/Back On Ravine-Trail On The Premium Street Of Don Mills. One-Of-A-Kind Architectural Flr Plan, Living Space(Apx 5700St),2Furnances/2Cacs W/High Ceiling (12' Main), H-E-A-T-E-D 2 Car Garage,Driveway,Basement And All Ensuites Bathrms.
C$5,099,000

Detached

41 Hill Cres, Scarborough Village, Toronto, Ontario M1M1J3

HOMELIFE FRONTIER REALTY INC., BROKERAGE
5+1Bedroom(s)
7Bathroom(s)
40Picture(s)
Stone Mansion On Prestigious Hill Cres *** Over 10,000 Sqft Of Living Space*** Panoramic Lake View From Almost Every Room***Elevator On Main Floor*** Heated Circular Drive***3 Bdrms With Balconies With Lake View*** Heated Granite Floors*** 4 Car Garage( Tandem)***Gourmet Kitchen With Sub-Zero Appliances*** Sunroom With Walk/Out To Yard*** Open Concept With Wall To Wall Windows And Doors.
C$5,200,000

Detached

46A Beechwood Ave, Bridle Path-Sunnybrook-York Mills, Toronto, Ontario M2L1J3

RE/MAX REALTRON BARRY COHEN HOMES INC., BROKERAGE
4+1Bedroom(s)
7Bathroom(s)
24Picture(s)
Most Spectacular Offering South Of York Mills Exuding Sophisticated Elegance And Contemporary Flair. Natural Stone Front Facade. Well Proportion Principal Rooms Boasting Approximately 4300 Sqft. Plus Lower Level. Chef Inspired Kitchen With Top-Of-The-Line Appliances And Convenient Servery. Main Floor Library, Attention To Detail At Every Turn.
C$5,200,000

Detached

20 Victoria Ave, Weston, Toronto, Ontario M9N1E4

RE/MAX ULTIMATE REALTY INC., BROKERAGE
4+1Bedroom(s)
2Bathroom(s)
12Picture(s)
Be Part Of This Developing Weston Community Of Over 1/2 Acre Of Land. This Property Is Perfect For Developers Or End-User. This 2 1/2 Detached Home With 4 Bedrooms, 2 Kitchens And 2 Bath And Basement With Apt Rented For $800 Per Month With Separate Entrance. Triple Garage, Lots Of Parking, Road Access To Property From Wilby Cres. & Victoria Ave.
C$5,250,000

Detached

54 Sumner Heights Dr, Bayview Village, Toronto, Ontario M2K1Y4

FOREST HILL REAL ESTATE INC., BROKERAGE
5+1Bedroom(s)
7Bathroom(s)
36Picture(s)
**Over 1Yr Old Only-Magnificient/Spectacular Residence W/Luxury Features On Child-Safe/Cul-De-Sac St/Close To Ravine-Ravine In Centre Of Bayview Village*One-Of-A-Kind Architectural Flr Plan(Apx 5000Sf(Above Grade)-Apx 7000Sf-2Furances/2Cacs-2Hwt) W/Majestically Soaring Ceiling(12' Main) W/Perfect Balance Of Open-Concept*Clean-Exquisite Craftmanship/Luxurious Materials(Onyx & Designer Lit Fix)*
C$5,380,000

Detached

91 Ridley Blvd, Bedford Park-Nortown, Toronto, Ontario M5M3L6

RE/MAX PROFESSIONALS INC., BROKERAGE
4+2Bedroom(s)
5Bathroom(s)
40Picture(s)
Fantastic 6 Bed, 5 Bath Home In The Cricket Club With Approx. 5,000Sf Of Living Space. Open Concept Kitchen/Family Room Overlooking Breathtaking Private Yard. Servery With Fridge/Sink Leads To Formal Dining And Living Rm. Upstairs Features 4 Large Bedrooms All With Ensuites/Jack&Jill Baths, Spacious Hallways, Private/Quiet Office And Large Laundry Room.
C$5,395,000

Detached

3 Oakley Pl, St. Andrew-Windfields, Toronto, Ontario M2P 2G3

SOTHEBY`S INTERNATIONAL REALTY CANADA, BROKERAGE
4+2Bedroom(s)
6Bathroom(s)
27Picture(s)
Fabulous Family Home In Highly Coveted St Andrew's Neighborhood. Move-In Ready. Quality Built Windemere Home With Beautiful Street Appeal. Located On A Upscale Quiet Cul-De-Sac With Rare 125' Frontage And Mature Private Landscaping. Perfect For Home Entertaining. Approx. 4,400 Sq. Ft+2,200 Sq. Ft. L.L.
C$5,395,000

Detached

55 Madison Ave, Annex, Toronto, Ontario M5R2S3

RE/MAX PRIME PROPERTIES - UNIQUE GROUP, BROKERAGE
3+1Bedroom(s)
15Bathroom(s)
37Picture(s)
15 Suite Investment Property/The Grand Old Lady/Prime Madison Avenue Location/Bloor And Spadina Area/Recent Renovations To 8 Apartments/Large 50 By 126 Foot Lot/Detached Victorian With Private Driveway
C$5,395,000

Detached

1 Blaine Dr, Banbury-Don Mills, Toronto, Ontario M3B2G3

TRISTAR COMMERCIAL REALTY LTD., BROKERAGE
5+1Bedroom(s)
6Bathroom(s)
31Picture(s)
Magnificent Contemporary Residence Located In The Desirable Area Of Bridle Path & Banbury. Situated In A Park Like Setting Steps From Edwards Gardens. The Home Is An Entertainer's Delight With Chef-Inspired Kitchen Complete W/ Wolf & Subzero Appliances. The Open Concept Unites The Main Flr Into A Great Room W/ Flr To Ceiling Windows.
C$5,450,000

Detached

523 Vesta Dr, Forest Hill South, Toronto, Ontario M5P3A9

RE/MAX HALLMARK TRENDS GROUP REALTY, BROKERAGE
4+1Bedroom(s)
7Bathroom(s)
40Picture(s)
This Grand & Captivating Forest Hill Masterpiece Boasts More Than 5000 S.F. Of Exquisite Living Space.Luxuriously Appointed With Dramatic Indiana Limestone, Custom Exotic Hardwood Floors, Custom Wrought Iron Railing, Extensive Trim & Built In Millwork Thru-Out, Chefs Kitchen With Wolf, Subzero & Miele Appliances, Servery & Island W/Seating Area.
C$5,488,880

Detached

226A Stibbard Ave, Mount Pleasant East, Toronto, Ontario M4P 2C3

SOTHEBY`S INTERNATIONAL REALTY CANADA, BROKERAGE
4+1Bedroom(s)
5Bathroom(s)
38Picture(s)
Welcome To 226A Stibbard Ave, An Inviting Custom Built Home In Toronto's Prestigious Sherwood Park Neighbourhood. Built In 2001 By Lauren Homes, This Home Was Architecturally Designed To Allow For Lots Of Natural Light, Features Hardwood Floors Throughout & Spacious Interiors. And, With 4+1 Bedrooms, 4500 Sq.Ft Of Living Space, There's Ample Space To Work, Live & Play.
C$5,495,000

Detached

74 Forest Grove Dr, Bayview Village, Toronto, Ontario M2K1Z7

CAPITAL NORTH REALTY CORPORATION, BROKERAGE
3+1Bedroom(s)
3Bathroom(s)
40Picture(s)
Nestled In The Prestigious Bayview Village Area On Most Sought After Family Safe Cul-De-Sac Street. This Magnificent Property Offers Tranquil Country Living In The Heart Of The City. Offering 1 Acre Lot, The Property Is Situated Within The Quietest Pockets. Breathtaking Views Overlooking Ravine, Oasis Backyard, & Garden W/Pool.
C$5,499,900
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Frequently Asked Questions

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Buying Real Estate in Toronto

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Toronto is the capital city of the Ontario province. This city is the most populous city in Canada, and the commercial and financial center. Toronto is Canada’s largest city and is considered as a world leader in areas like business, technology, finance, culture and entertainment. Toronto has a population of 6.9 million which has been estimated in 2022. It covers an area of 5,903 sq. km under the Greater Toronto area limits. This country has a large population and has accepted immigrants from all over the globe, which has also made Toronto one of the most multicultural cities in the world.

On Jan. 1, 1998, Toronto’s amalgamation took effect, which merged the six previous municipalities that made up Metro Toronto (Etobicoke, Scarborough, York, East York, North York, and the City of Toronto) into a new singular City of Toronto.

Toronto has a continental climate. The average temperature for January is in the low to mid-20s F (about –4.2 °C), and in the summer, the average July temperature is in the low 70s F (about 22.2 °C), which can also exceed 90 °F (32 °C) with 100 percent humidity.

Living in Toronto can be quite expensive, especially anywhere near downtown. Rents are among the highest in Canada, and other standard monthly expenses such as groceries, phone plans, and transit are not cheap either. We will dive into Toronto’s Real Estate Market and Conditions and draw a better picture of Toronto Real Estate for those who want to buy a house in Toronto.

When there’s talk about investing in Toronto real estate, you’re either in for it or go against it. There are the skeptics out there that like to hang onto the headlines that prophesy that Toronto’s real estate bubble is going to burst. On the other hand, you have everyday Toronto homeowners and the real estate investors that have made extraordinary equity gains just from choosing to buy property when they did. Investing in Toronto real estate is still quite profitable and with Toronto’s growing population, the demand for rentals remains stable. The Covid pandemic may have had its time and, quite frankly, lowered rental demand but that was temporary and we are already in the up-and-up situation. With college students attending school again and immigration expected to reach record-breaking levels, we expect stable but increasing demand for rentals in Toronto.

Both educational opportunities and immigration are causing a surplus of qualified residents to come to this city.

In 2019, the Huffington Post published that Toronto is the quickest growing city in the Canada and U.S with an increase of 77,435 new residents between July 2017 and July 2018. In 2021 Canada welcomed 401,000 new immigrants, has already landed over 70,000 just in the first quarter and plans to tie record immigration levels set in 1913.

When there’s talk about investing in Toronto real estate, you’re either in for it or go against it. There are the skeptics out there that like to hang onto the headlines that prophesy that Toronto’s real estate bubble is going to burst. On the other hand, you have everyday Toronto homeowners and the real estate investors that have made extraordinary equity gains just from choosing to buy property when they did. Investing in Toronto real estate is still quite profitable and with Toronto’s growing population, the demand for rentals remains stable. The Covid pandemic may have had its time and, quite frankly, lowered rental demand but that was temporary and we are already in the up-and-up situation. With college students attending school again and immigration expected to reach record-breaking levels, we expect stable but increasing demand for rentals in Toronto.

Both educational opportunities and immigration are causing a surplus of qualified residents to come to this city.

In 2019, the Huffington Post published that Toronto is the quickest growing city in the Canada and U.S with an increase of 77,435 new residents between July 2017 and July 2018. In 2021 Canada welcomed 401,000 new immigrants, has already landed over 70,000 just in the first quarter and plans to tie record immigration levels set in 1913.

When you decide to invest your money this question may arise, is investing in the Toronto real estate actually better than investing in the stock market? Well, the short answer is yes — Although, if you can afford it.

The real estate market in Toronto has shown time and time again to produce far better steady growth and be more stable than the stock market. Just ask yourself this, how much have your traditional investments made you over the past decade compared to your home?

When you buy a house in Toronto, you are investing in real estate — a tangible asset, not the shares of a company that might take a nose dive caused by a bad PR crisis. It’s a long-term investment as well; so even if the market takes a minor drop, it will continue to climb and increase in the long run.

When you get into the numbers of it all, investing in Toronto real estate has the potential to make you earn ten times the amount of traditional bonds and stocks because when you invest in real estate, you’re leveraging your money into a much bigger asset.

For example, if you buy $30,000 in stocks and the market goes up 10%, you have just made $3,000.

Although, if you put $30,000 down on a property that’s worth $300,000 and the market increases up to 10%, you’ve made $30,000.

When you want to buy a house in Toronto, you have three main options:

  1. Apartment Buildings – Managed and Owned by one company (against a bunch of individual owners), apartment buildings aren’t as numerous as you might think in downtown Toronto.  While there haven’t been very many new apartment buildings built in the past few decades, we have seen an increase in dedicated rental buildings under construction. There is still some high quality (although older) buildings that periodically have vacancies.
  2. Houses – With more and more people wanting to live downtown, many Toronto home-owners have converted a part of their home into an apartment. While many of these buildings are basement apartments, some houses have been converted into several apartments. The greatest advantage of renting a house is the opportunity to live in a residential neighborhood, which is often with private outdoor space and sometimes even parking!
  3. Condos – It’s quite easy to see that Toronto has a lot of condos, and many of them are owned by investors who rent them out. By renting a condo, you take advantage of some of the city’s best locations, and many of them have amenities like pools, gyms, concierge services and party rooms, and they’re normally close to TTC transit. If you decide to rent a condo, you’ll be renting directly from the suite owner, but you will be required to abide by the condominium’s rules.

The asking price of homes that are for sale in Toronto has increased 2% since May last year. The number of homes in Toronto which are for sale has gone down -6.36%.

Over half of the housing stock of Toronto consists of single detached homes and large apartment buildings, and the remaining dwellings are mainly small apartment buildings and townhouses. This city has a good selection of housing size options, ranging from lofts to four or more bedrooms. About 60% of the population of this city own their home and renters make up the remainder. Around one quarter of properties in this city were constructed between 1960 and 1980, while the majority of the remaining buildings were built pre-1960 and in the 1980s.

Toronto Real Estate ListingsJune 18, 2022

6207                                 Listed

29                                     Avg. DOM

N/A                                 Avg. $ / Sq.Ft.

$949,000                       Med. List Price

Housing Market Report for June 2022

Current Toronto stats indicate an average house price of $1,203,164 and 6,403 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 14 days.

  • Current (May 18 – Jun 15)
  • Past (Apr 20 – May 18)

$1.2M                     Avg sold price

2.9%                      Monthly change

2.3%                       Quarterly change

9%                         Yearly change

6,403                                                    new listings(last 28 days)

2,309                                                    homes sold 1(last 28 days)

14                                                         average days on market

103%                                                    selling to listing price ratio

13th                                                         Most expensive

13th                                                         Fastest Growing

5th                                                           Fastest Selling

10th                                                         Highest Turnover

The change in average home price is affected by two factors:

  1. The proportions of home types sold has changed. This means that the mix of homes sold has shifted from a majority of higher-priced homes to a majority of lower-priced homes, or vice versa.
  2. Assuming the mix of homes is relatively stable, all homes are being sold for more or less than the last period.

For example, if the average price decreased from last year, all homes sold this year were either sold for less and/or the majority of them were budget-friendly condos, rather than expensive single-family homes.