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Toronto Housing Market | September 2025

Average home price by property type in Toronto

These are the average home prices by property type in Toronto updated with housing market data released September 2025 for the August 2025 period.

Home Type Home Price
All Home Types $1,022,143
Att/Row/Townhouse $946,395
Condo Apartment $642,195
Detached $1,312,240
Semi-Detached $980,102

Average home price in the Greater Toronto Area (GTA)

The table below shows the average home price for each region across all home types in August 2025 to help buyers and sellers understand where home prices are the most and least expensive.

King is the most expensive area with the average home price over $2.2 million, with detached homes in the $2.4 million range.

Some more affordable areas include Oshawa with an average home price of $695,000 across all home types, Essa with an average of $705,000, Orangeville with $730,000 and Brock with $730,000.

Want to see how much home you can afford in your preferred GTA region? Try our income to afford home calculator or mortgage affordability calculator.

Area Home Price
All TRREB Areas $1,022,143
Halton Region $1,159,791
Burlington $1,075,789
Halton Hills $1,036,010
Milton $964,086
Oakville $1,415,357
Peel Region $960,351
Brampton $924,980
Caledon $1,139,311
Mississauga $968,250
City of Toronto $992,085
Toronto West $957,474
Toronto Central $1,035,938
Toronto East $945,522
York Region $1,184,196
Aurora $1,358,974
East Gwillimbury $1,219,240
Georgina $857,314
King $2,198,734
Markham $1,136,323
Newmarket $995,420
Richmond Hill $1,247,531
Vaughan $1,210,952
Stouffville $1,223,606
Durham Region $860,951
Ajax $893,972
Brock $848,623
Clarington $793,715
Oshawa $747,282
Pickering $913,648
Scugog $894,895
Uxbridge $1,202,325
Whitby $972,305
Dufferin County $759,496
Orangeville $759,496
Simcoe County $893,023
Adjala-Tosorontio $1,224,713
Bradford $954,685
Essa $740,246
Innisfil $891,499
New Tecumseth $862,517

How much income would it take to afford a home in Toronto?

The income it would take to purchase a home in Toronto varies widely based on the home type. This table shows how much household income it would take to afford a home based on August 2025 home prices.

Home Type Home Price Mortgage Income Required
All Home Types $1,022,143 $817,714 $215,828
Att/Row/Townhouse $946,395 $757,116 $201,235
Condo Apartment $642,195 $513,756 $142,629
Detached $1,312,240 $1,049,792 $271,717
Semi-Detached $980,102 $784,082 $207,729

If you wanted to purchase the average detached home in Toronto it would take household income of $281,238 which is much higher than the typical income in Canada. This income would put you in the top income percentile earners based on the Canada income percentile calculator.

The income to afford calculation uses the following inputs:

  • Down payment of 20% to avoid mortgage default insurance
  • Mortgage rate of 4.04%
  • Amortization period of 25 years
  • Gross debt service (GDS) ratio of 32%
  • Property tax of $354 per month
  • Heating costs of $150 per month

These home prices are updated based on data released by the Toronto Regional Real Estate Board (TRREB).