Toronto Real Estate | Houses For Sale in Toronto

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Detached

55 Robinson Ave, Oakridge, Toronto, Ontario M1L3S9

KELLER WILLIAMS ADVANTAGE REALTY, BROKERAGE
2Bedroom(s)
1Bathroom(s)
12Picture(s)
Welcome To 55 Robinson With Unlimited Possibilities. This 2 Storey Home On A 36 X 139 Foot Lot Could Be 2 Homes, Can Be Made Much Larger Or Enjoyed As-Is With Your Personal Touches. Open Concept Main Floor W/ Wide Plank Oak Hardwood. 7' Unfinished Basement With Newer Sewer Line Installed.
C$799,000

Detached

3 Glasgow Ave, Clairlea-Birchmount, Toronto, Ontario M1K1B9

CENTURY 21 PERCY FULTON LTD., BROKERAGE
3+1Bedroom(s)
2Bathroom(s)
15Picture(s)
Calling All Contractors!!! Get Into Desirable Clairlea Birchmount Area Affordably. This Bungalow Offers Untapped Possibilities To Have A Beautiful In-Law Suite Or Rental Potential Or Make It A Single Family Home. The Huge Lot Easily Transformable Into An Outdoor Oasis. The Large 1 Car Garage + Storage Is Plenty Of Space For All Your Extras.
C$799,000

Detached

35 Batavia Ave, Rockcliffe-Smythe, Toronto, Ontario M6N4A1

ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE
3+1Bedroom(s)
2Bathroom(s)
23Picture(s)
This Super Cute, Cozy 3-Bdrm Detached Bungalow Has Been In The Family Since 1957, Eat-In-Kitchen With Walk Out To Private Fenced Yard Is Perfect For Family Bbq's. Large Deep Lot 21X149 With Laneway Access And 4 Car Parking. Build New Or Add A Second Storey Addition. Centrally Located Close To Big Box Stores, Downtown, Schools, Subway Stn, Ttc, Future Lrt, Stockyards District And Hwy 400.
C$799,000

Detached

4 Gondola Cres, Woburn, Toronto, Ontario M1G2J3

SUTTON GROUP-HERITAGE REALTY INC., BROKERAGE
3+1Bedroom(s)
1Bathroom(s)
17Picture(s)
*Bright Open Concept Living/Dining Room With Picture Window *Chery Wood Hardwood *Fireplace *Study/Sitting Room Has Window & Closet *Huge Family-Sized Eat-In Kitchen With Tons Of Cupboard Space, Built In Appliances And Island *Side Entrance To Private Fenced Yard, Great For Entertaining! *Neutral Decor *Double Driveway *Minutes To Ttc, Schools, Parks & Dog Park
C$799,000

Detached

IPRO REALTY LTD., BROKERAGE
2+2Bedroom(s)
2Bathroom(s)
21Picture(s)
***Rare Lot Size***Move In Cond City Cottage*** Or Live/Hold And Build Dream Home***Huge Lush Private Treed Lot***Quiet Child-Friendly Enclave Of Huge Executive Homes***Park Setting***Ravine Trails***Guildwood Go*** New Floors*** Charming Trim/Details***Beautiful Stone Fireplace W/Gas Insert***Loads Of Character***Scarborough Gc***Walking Distance To Schools, Shops, Restaurants*** **Builders Dream
C$799,000

Detached

68 Robert St, Weston, Toronto, Ontario M9N 2J7

ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE
2+2Bedroom(s)
1Bathroom(s)
34Picture(s)
Attention Builders/Renovators And End Users. Excellent Opportunity To Buy A Fixer Upper In Toronto With Close Proximity To Major Highways. This Is Your Chance To Get Into Toronto's Real Estate Market.
C$799,000

Detached

190 Westmore Dr, West Humber-Clairville, Toronto, Ontario M9V4R4

REVEL REALTY INC., BROKERAGE
3+2Bedroom(s)
3Bathroom(s)
27Picture(s)
Prime Location! Corner Lot, Income Potential, Steps To Humber College, Etobicoke General Hospital, Woodbine Casino/Center, Ttc And Transit And Next To Hwys 27 And 427. This Is The One You've Been Waiting For.
C$799,000

Detached

8 Crittenden Sq, Malvern, Toronto, Ontario M1B1V1

RE/MAX REALTRON REALTY INC., BROKERAGE
3+2Bedroom(s)
2Bathroom(s)
28Picture(s)
Excelent 3 Br Brick Bungalow With A 2 Br Basememt Apartment With A Seperate Entrance Would Bring A Great Income !! Spacious Fenced Yard,Newer Furnace And Air Condition !! 2 Laundry Areas, Hardwood Floors In Living Dining Room, Carport With Parking For Over 6 Cars* Great Location Close To Malvern Town Center, Scools,Ttc And Parks !!!!
C$799,000

Detached

21 Ordway Rd, Kennedy Park, Toronto, Ontario M1K 4J3

RE/MAX ROUGE RIVER REALTY LTD., BROKERAGE
2+2Bedroom(s)
2Bathroom(s)
22Picture(s)
Just Move In To This This Charming 2 Bedroom And 2 Bath, 1 And 3/4 Storey Detached Home On A Quiet Street In Kennedy Park. Home Has Been Updated And Maintained By The Same Family For Over 30 Years. Hardwood Flooring, Updated Kitchen And Baths, Metal Roof And All Mechanicals. Unique Media Loft With Built-In Bar (Roughed -In). Enjoy Your Large Deck Overlooking The Backyard.
C$799,000

Detached

119 Kirker Ave, Woburn, Toronto, Ontario M1G1M8

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
3+1Bedroom(s)
2Bathroom(s)
32Picture(s)
Fall In Love With This Charming,Well Maintained And Move-In Ready 3+1 Bdrms Bungalow.Functional Layout In Your Sunny Living & Dining Spaces With Large Windows Flooding The Space With Natural Light.Eat-In Kitchen With Upgraded Quartz Counters & Side Door Access To Yard.2 Out Of 3 Spacious Bdrms With Sliding Door Access To Back And Side Patios.
C$799,000

Detached

151 Church St, Weston, Toronto, Ontario M9N1N6

SPECTRUM REALTY SERVICES INC., BROKERAGE
2+1Bedroom(s)
1Bathroom(s)
28Picture(s)
A Truly Fantastic Opportunity! This Charming 2 Bedroom Bungalow In Weston Village Is Yours To Renovate Into Your Dream Space. Also A Builder's Delight On This 38X129 Ft Lot In This Upcoming Community That Has Everything! Same Owners Since 1966. Unique Custom Features Large Principal Rooms. Great Size South Facing Backyard. Dining & Living Has Original Hardwood Flooring Underneath Broadloom.
C$799,000

Detached

72 Prosperity Ptwy, Malvern, Toronto, Ontario M1B4G7

REAL ESTATE ADVISORS INC., BROKERAGE
3+1Bedroom(s)
4Bathroom(s)
12Picture(s)
Dreamed Of Owning A Affrodable Home, Look No Furthur | 3 Bedrooms | 4 Washrooms | Finished Basement | Single Car Garage | Backyard | Convenient Location In Toronto | Condo Fees -$195.
C$799,900
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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.