Toronto Real Estate | Houses For Sale in Toronto

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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

Detached

10 Merrydale Crt, Toronto Gore Rural Estate, Brampton, Ontario L6P0H4

RE/MAX REALTY SERVICES INC., BROKERAGE
5+2Bedroom(s)
4Bathroom(s)
38Picture(s)
One Of The Most Iconic Estate In Castlemore, Completely Renovated & Expanded Estate Home Over 8400 Sqft Of Living Space Is Spread Over 2 Acres On Rue De La Cour, Exquisitely Designed & Built With Dream Kitchen, S/S Appliances, 10Ft Ceiling On Main, 9Ft On Upper Level, 5+2 Bedrooms, Office, Study/Entertainment Room, Solarium, 100+Pot Lights, One-Of-A-Kind Living Tree Inside The Home, Skylig
C$5,499,999

Detached

905 Queen St, Trinity-Bellwoods, Toronto, Ontario M6J 1G5

RE/MAX HALLMARK YORK GROUP REALTY LTD., BROKERAGE
1+2Bedroom(s)
4Bathroom(s)
35Picture(s)
A Jewel From A Bygone Age. This Impeccably Restored 150+ Year Old Landmark Residence Is Centrally Located Across From Coveted Trinity Bellwoods Park. Sheltered By Mature Trees & Electric Iron Gates With Underground Parking For 2 Cars. This Historic Georgian Style Building Offers A Lifestyle For The Fortunate Few.
C$5,500,000

Detached

12 Bearwood Dr, Edenbridge-Humber Valley, Toronto, Ontario M9A4G4

RE/MAX METROPOLIS REALTY, BROKERAGE
4+1Bedroom(s)
7Bathroom(s)
30Picture(s)
Exceptionally Magnificent 4+1 Bed 7 Bath Custom Smart Home Nestled On A Quiet Ravine Lot In One Of Toronto's Most Prestigious Communities - The Edenbridge-Humber Valley. Fabulous Open-Concept Kitchen W/ Thermador Appliances + Butler's Pantry; 3 Gas Fireplaces & Skylights; Custom Scavolini Cabinets; Heated Stone Flooring; 3/4 Engineered Hardwood Flooring & Pot Lights Throughout.
C$5,568,000

Detached

54 Fairmeadow Ave, St. Andrew-Windfields, Toronto, Ontario M2P1W7

ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI, BROKERAGE
5+2Bedroom(s)
8Bathroom(s)
36Picture(s)
Spacious Open-Concept 6700Sqft Living Space Home In One Of Toronto's Most-Desired Neighbourhoods. Fully Renovated: New Facade, Modern Interior W/ Every Floor Light-Filled From Skylights & Windows.
C$5,580,000

Detached

16 Wimpole Dr, St. Andrew-Windfields, Toronto, Ontario M2L2K9

RE/MAX REALTRON REALTY INC., BROKERAGE
5+2Bedroom(s)
8Bathroom(s)
40Picture(s)
Welcome To Classy & Timeless Luxury Home On One Of Larger Lots Of Prestigious Wimpole Dr (150 Ft Deep Lot) * Over 8,276 Sf. Liv.
C$5,588,000

Detached

135 Admiral Rd, Annex, Toronto, Ontario M5R2L7

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
4+1Bedroom(s)
4Bathroom(s)
40Picture(s)
Turn Of The Century, 1 Of A Kind Gated Home, Restored W/Old-World Charm; On Large Lot On One Of The Most Coveted Streets In The Heart Of Yorkville-Annex. Entertainer's Dream With Wine Cellar. 2 Car Garage+ Private Drive For 4 Cars. Architectural & Artful Details W/Gracious Principal Rms & High Ceilings, Open Concept Chefs' Kitchen W/Breakfast Area & W/O To Exquisite Garden Oasis.
C$5,588,000

Detached

5 Swiftdale Pl, Banbury-Don Mills, Toronto, Ontario M3B 1M3

CENTURY 21 ATRIA ANITA MUI REALTY INC., BROKERAGE
4+1Bedroom(s)
5Bathroom(s)
30Picture(s)
Classical Luxury Pairs With Modern Finishes And Exquisite Craftsmanship In This One-Of-A-Kind Custom Estate. Designed By Esteemed Architectural Designer Richard Wengle. 5392 Sf Living Space + 2393Sf Bsmt. Open Concept Kitchen & Family Room W/O To Back Yard. Chef's Kitchen With Pantry, 7 Piece Brand Appliances, Marble Center Island, Breakfast Area.
C$5,688,000

Detached

353 Oakwood Ave, Oakwood Village, Toronto, Ontario M6E2W1

RE/MAX WEST REALTY INC., BROKERAGE
9Bathroom(s)
18Picture(s)
Boutique 9-Plex. The Exterior Of Building Is The Only Original Material In The Building. All Heating/Cooling/Plumbing Systems, Appliances & Finishes Are The Highest Quality. A Maintenance Free Investment. 5X2 Bedroom Units & 4X3 Bedroom Loft Units With 18Ft Ceilings. Individual Heating/Cooling & Ensuite Laundry. 10 Hydro Meters, Tenants Pay Hydro. 3 Parking Spots.
C$5,757,900

Detached

1 Vernham Crt, St. Andrew-Windfields, Toronto, Ontario M2L2B3

RE/MAX CROSSROADS REALTY INC., BROKERAGE
4+1Bedroom(s)
7Bathroom(s)
39Picture(s)
Custom Built By Designer On Premier Corner Lot, Resort Like Backyard With Masterpiece Pool And Hot Tub Built By Betz Pool. Limestone Decking, Walkway, Patio. Custom Framed Kitchen Cabinet & Pantry. 10' Ceiling Main Floor. Finest Finishes From Solid Doors, Marble Floors, To Crystal Faucet And Hand Painted Wall Paper. Approx 8000 Sqf Comfort And Elegant Living Space.
C$5,860,000

Detached

7 Malabar Pl, Banbury-Don Mills, Toronto, Ontario M3B1A4

ROYAL LEPAGE GOLDEN RIDGE REALTY, BROKERAGE
5+2Bedroom(s)
7Bathroom(s)
34Picture(s)
Prestigious Banbury Neighbourhood! Located On Quiet Childsafe Cul De Sac. In One Of Canada's Most Upscale Areas: Ultimate Luxury Living; Steps To Shops At Don Mills, Rippleton Public School, Edward Gardens; Gorgeous Ensuite And Large W/I Closets; Spectacular Custom Built Home. Underground Sprinkler System.
C$5,888,888

Detached

48 Bernard Ave, Annex, Toronto, Ontario M5R1R2

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
3+2Bedroom(s)
4Bathroom(s)
27Picture(s)
Irresistible Jewel In Heart Of The Annex. Victorian Residence Restored & Transformed To Perfection By Architect Richard Wengle. Located On Exclusive Tree-Lined Street, Home Radiates Heritage Charm & Refined Elegance. 5" Quarter Cut Oak Hardwood Floors, 10' Ceilings On Main, Gas Fireplaces, Custom Paneled Walls & Crown Moulding.
C$5,898,000
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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.