Toronto, Ontario, Canada
As of August 13, 2026, the median asking price in Toronto is $749,900, across 9,529 active MLS® listings.
Those listings have been on the market an average of 67 days.
2,817 new listings came to market in Toronto in the last 30 days.
Asking prices work out to about $510 per square foot, based on the 1,612 listings that report floor area.
Condos in Toronto are listed at an average of $741,915 across 4,214 active listings.
Detached homes in Toronto are listed at an average of $2,209,255 across 2,545 active listings.
Townhouses in Toronto are listed at an average of $914,191 across 755 active listings.
Commercial properties in Toronto are listed at an average of $313,760 across 601 active listings.
Steel-and-glass, lake breeze, late nights
Downtown Toronto is the city’s original engine room—an old harbour town turned vertical metropolis where the street grid funnels you from Union Station to the waterfront in minutes. Layers of history still peek through the towers: St. Lawrence’s 19th-century market roots, the grand civic spine of University Avenue, and the warehouse-to-nightlife arc that reshaped King West and Queen West. Yet the dominant visual is unmistakably modern—glass balconies, cranes, and a skyline that feels perpetually under revision.
Life here runs on proximity. Bay Street finance, the Discovery District’s research hospitals, tech offices, and the city’s biggest stages (from the TIFF corridor to Scotiabank Arena) sit within an easy walk or a quick streetcar hop. The population skews young and global—professionals, international students, and high-income urban households—while longtime residents cluster in pockets like St. Lawrence and Harbourfront where the pace softens near parks and the lake.
Real estate is condo-forward and convenience-priced: a wide spread of studios and one-bedrooms designed for lock-and-leave living, plus newer family-sized suites and a smaller, coveted supply of townhomes and heritage conversions. Buildings compete on amenities—gyms, coworking lounges, guest suites, concierge—while buyers and renters weigh micro-locations block by block: quiet streets versus nightlife, lake views versus transit adjacency. With a Walk Score of 78, the market’s core appeal remains the same: time saved, options multiplied, and a lifestyle built around being in the middle of everything.
Toronto is showing abundant supply with 12,625 active for-sale listings and 3,701 new listings added in the past 30 days, giving buyers and investors plenty of choice and negotiating room. With a median asking price of $749,900, average pricing around $504/sqft, and homes taking about 66 days on market, conditions point to a slower-paced market where value and deal-finding depend on comparing options and underwriting carefully.
Walk Score 78 · Transit Score 68 · Bike Score 74
The median asking price in Toronto is $749,900, across 9,529 active MLS® listings as of August 13, 2026. The average asking price is $1,282,157. These are list prices on homes currently for sale, not sale prices.
There are 9,529 active MLS® listings in Toronto as of August 13, 2026. 2,817 of them came to market in the last 30 days.
Homes currently listed in Toronto have been on the market an average of 67 days as of August 13, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 9,529 homes currently listed in Toronto, 44% condos, 27% detached houses, 8% townhouses, 6% commercial properties.
Toronto has a Walk Score of 78 out of 100, which Walk Score classifies as Very Walkable — most errands can be accomplished on foot. Transit Score is 68. Bike Score is 74.