Torrance, Ontario, Canada
As of August 12, 2026, the median asking price in Torrance is $614,500, across 4 active MLS® listings.
Those listings have been on the market an average of 100 days.
1 new listing came to market in Torrance in the last 30 days.
Torrance is a small Muskoka hamlet within the Township of Muskoka Lakes, defined by cottage-country character, abundant forest and lake access, and a seasonal population swing tied to summer tourism. The neighbourhood is quiet and low-density, with a mix of year-round single-detached homes, rural lots, and a significant share of recreational/seasonal properties. Demographics skew toward homeowners, retirees, and trades/service workers, with higher-income seasonal residents driving demand for upgraded homes and short-term accommodations.
Amenities are modest in-town (local shops/services and nearby outdoor recreation), with most full-service errands, healthcare, and larger retail accessed in Gravenhurst or Bracebridge. School options are primarily in surrounding communities rather than within the hamlet itself, and daily transit is car-dependent with no frequent local public transit; this limits long-term rental depth but supports a steady niche for workforce rentals and strong seasonal demand. Real estate trends are heavily influenced by Muskoka’s cottage market: prices can be resilient over the long run but are more rate-sensitive and can be volatile year-to-year; rental strategy often blends shoulder-season/monthly rentals with peak-season short-term stays where permitted.
Torrance’s Torrance neighbourhood currently has just 3 active listings, with a median asking price of $599,000 and an average of $392 per square foot, pointing to a small, tightly supplied market where individual properties can set the tone. However, the 109-day average time on market suggests buyers still have room to be selective and negotiate, especially on listings that have been sitting. For investors, the combination of limited inventory and longer marketing times favours deal sourcing through patient underwriting and targeting motivated sellers.
The median asking price in Torrance is $614,500, across 4 active MLS® listings as of August 12, 2026. The average asking price is $955,750. These are list prices on homes currently for sale, not sale prices.
There are 4 active MLS® listings in Torrance as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in Torrance have been on the market an average of 100 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.