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City in Ontario

Condos for sale in Toronto

Name: HOMEH Market Pulse — Toronto closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 2,982 condos and apartments for sale in Toronto today, with a median asking price of $625,000 (-26% vs. all homes in Toronto). 696 are new condos in Toronto, under five years old. The most active neighbourhoods are Waterfront Communities, Church-Yonge Corridor and Mount Pleasant West.

urban diverse lively

2,794,356 people lived in Toronto at the 2021 Census, in 1,160,800 households. 52% of households owned their home and 48% rented. The most common homes were apartments in buildings of five or more storeys (47%) and single-detached houses (23%). 58% of homes were built before 1981, and 13% since 2011. 61% of commuters went to work by car and 26% by public transit.

Toronto, Ontario

Condos in Toronto

Day to dayLivability

Walkability

out of 100 · averaged over 215 past and present listings

Average walk score reported on listings here

6.4

Schools near listings

out of 10 · averaged over 215 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$848,000

18% above Ontario

In Toronto

$848,000

In Ontario

$716,900

Median monthly rent

$2,600/mo

4% above Ontario

In Toronto

$2,600

In Ontario

$2,499

$1,085

Per square foot

≈ 27.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

4,921

Median $848,000

Condos 3,309 · Houses 1,611

For rent

4,125

Median $2,600

Condos 2,828 · Houses 1,292

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Diverse dining options
Many parks for outdoor activities
Good public transit access

Keep in mind

Higher median sale price than provincial average
Median rent is above provincial average

The feel of the placeLifestyle

Daily life in Toronto is busy and lively, with many activities and services available. The city has a mix of urban and suburban areas.

Great for young professionals families first-time buyers

Within the boundaryWhat's nearby

The boundary

661.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

1,669

Parks

2,209

Playgrounds

1,015

Transit stations

586

Grocery stores

3,605

Restaurants

1,594

Cafés

536

Gyms

142

Libraries

700

Pharmacies

Counted across all 661.4 km² of Toronto. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 539 rated schools in this area

911

Elementary

325

Secondary

Avondale Alternative Elementary School
Public · Grades JK–8 · Toronto DSB
10.0/1010.0 over 5 yrs
1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025
Cottingham Junior Public School
Public · Grades JK–6 · Toronto DSB
10.0/10
1st of 3,045 Ontario elementary schools
140 students · EQAO 2024-2025
Northmount
Independent · TO Private Non-Inspected
10.0/109.8 over 5 yrs
1st of 3,045 Ontario elementary schools
18 students
Rosedale Junior Public School
Public · Grades JK–6 · Toronto DSB
10.0/109.3 over 5 yrs
1st of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Sathya Sai
Independent · TO Private Non-Inspected
10.0/10
1st of 3,045 Ontario elementary schools
24 students
St Michael's Choir (Jr) School
Catholic · Grades 1–8 · Toronto CDSB
10.0/109.6 over 5 yrs
1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Toronto, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,794,356

Population (2021)

631.1 km²

Area

4,428

People per km²

41.2

Median age

$94,555

Median income

52%

Own their home

2.5

People per household

1,160,800

Households

Every age

Children (under 15)13.8%
Working age (15–64)69.2%
Seniors (65+)17.1%

What is built here

Detached houses23.3%
Semi-detached6.2%
Townhouses5.4%
Duplexes4.1%
Low-rise apartments13.9%
High-rise apartments46.7%

Own or rent

52%Owners

48%Renters

Across 1,160,800 households

When it was built

Mostly 1960 or earlier

1960 or earlier29%
1961–198029%
1981–19909%
1991–20008%
2001–20055%
2006–20105%
2011–20156%
2016–20217%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

46.6%
Born outside Canada: 41.1%
Hold a degree or higher: 54.8%
Employment rate: 26.1%
Commute by transit: 61%
Commute by car: 1.7
Children per family: $81,720
Median income after tax: $124,573
Average household income: 13.2%
Living on a low income: $1,534/mo
Renters pay, per month: $1,693/mo
Owners pay, per month: $1,041,540
Median home value at census: 33.8%
Renters spending 30%+ of income on housing: 24%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 3,743 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What Condos in Toronto Sell For

6,015 condos changed hands in Toronto over the 12 months to September 2026. Half sold above $608,776 and half below, 6.7% lower than the 12 months before. A typical condo found its buyer in 32 days.

Median sold price: $609K; -6.7% year over year
Days to sell: 32; 1 day slower
Sales closed: 6,015; last 12 months
Per square foot: $853; from 5,512 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$943K$776K$610K$443K

Oct ’23Oct ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$967,300

on a $1,000,000 asking price — under ask by $32,700

−10%Asking price+10%

Of the asking price: 96.7%
Sold over asking: 11.8%

From 6,015 sales that closed here in the last 12 months.

Rent or buy in Toronto

20.3 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$608,776

6,015 sales

Median rent

$2,496/mo

34,331 leases

Gross rental yield

4.92%

before costs

Both figures come from deals that actually closed in Toronto over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Toronto, sales

Monthly closed sales in Toronto
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	482	$599,000	$477K – $777K	30	96.7%
Aug 2026	483	$588,000	$481K – $785K	35	96.6%
Jul 2026	584	$599,995	$490K – $772K	31	96.6%
Jun 2026	620	$605,000	$490K – $782K	30	97.0%
May 2026	567	$600,000	$495K – $797K	26	96.9%
Apr 2026	574	$605,500	$500K – $795K	30	96.8%
Mar 2026	516	$591,500	$495K – $755K	29	96.7%
Feb 2026	423	$625,000	$505K – $800K	31	96.7%
Jan 2026	305	$610,000	$493K – $753K	47	96.4%
Dec 2025	372	$605,000	$496K – $793K	35	96.2%
Nov 2025	504	$637,500	$505K – $811K	35	96.8%
Oct 2025	585	$639,000	$515K – $820K	31	97.0%
Sep 2025	504	$630,000	$520K – $815K	33	96.9%
Aug 2025	491	$625,000	$505K – $750K	36	96.8%
Jul 2025	550	$645,000	$520K – $819K	33	96.9%
Jun 2025	580	$652,500	$535K – $841K	29	97.0%
May 2025	528	$657,000	$542K – $850K	28	97.1%
Apr 2025	499	$670,000	$548K – $829K	30	97.1%
Mar 2025	483	$680,000	$555K – $850K	26	97.5%
Feb 2025	467	$655,000	$559K – $848K	27	97.5%
Jan 2025	371	$650,000	$560K – $790K	41	97.4%
Dec 2024	393	$647,000	$553K – $840K	36	97.4%
Nov 2024	589	$650,000	$550K – $813K	32	97.7%
Oct 2024	642	$666,000	$563K – $848K	28	97.7%
Sep 2024	459	$653,250	$560K – $840K	27	97.9%
Aug 2024	487	$635,000	$548K – $800K	32	97.8%
Jul 2024	563	$685,000	$576K – $869K	26	98.0%
Jun 2024	570	$680,000	$580K – $867K	22	98.0%
May 2024	720	$690,295	$585K – $901K	21	98.3%
Apr 2024	670	$710,000	$590K – $909K	21	98.4%
Mar 2024	524	$702,450	$599K – $866K	19	98.5%
Feb 2024	265	$690,000	$588K – $845K	15	100.0%
Jan 2024	123	$655,000	$560K – $785K	22	100.0%
Dec 2023	85	$625,000	$550K – $778K	40	100.0%
Nov 2023	73	$640,000	$528K – $770K	22	100.0%
Oct 2023	80	$671,500	$567K – $830K	18	100.0%

What people ask about Toronto

How much does a condo cost in Toronto?

Condos in Toronto sold for a median of $608,776 over the 12 months to September 2026, across 6,015 closed sales — half sold for more and half for less. That is 6.7% lower than the 12 months before it.

How long does it take to sell a condo in Toronto?

A condo in Toronto took a median of 32 days on the market over the 12 months to September 2026. Condos there closed at 96.7% of the asking price on average, with 11.8% selling over asking.

How much is rent for a condo in Toronto?

The median condo lease in Toronto closed at $2,496 a month over the 12 months to September 2026, across 34,331 leases.

Is it cheaper to rent or buy a condo in Toronto?

A condo in Toronto costs about 20.3 years of the rent on one — the median price of $608,776 against a median rent of $2,496 a month, a gross yield of 4.92%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Toronto on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.

Questions, answered

Common questions about condos for sale in Toronto

How much is a condo in Toronto?

The median asking price of the 2,982 condos for sale in Toronto is $625,000, from $150,000 to $18,800,000. 1,866 are listed under $700K.

Condos under $700K in Toronto

What are typical condo fees in Toronto?

2,975 of the 2,982 condos for sale in Toronto list a monthly maintenance fee. The median is $701/mo, and the middle half pay between $530 and $953 a month.

Work out what you can afford

Which Toronto neighbourhoods have the most condos for sale?

Waterfront Communities has the most, with 791 condos for sale, followed by Church-Yonge Corridor (355) and Mount Pleasant West (192).

Homes for sale in Waterfront Communities

Keep looking

More Condos for Sale in Toronto

4,921 homes are for sale in Toronto. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.