Toronto Home Prices (2026)
The average home in the Toronto area sells for about C$1,051,969 as of April 2026 — 51% more expensive than the Canadian national average. Here’s how Toronto compares and what to know before you move.
C$1,051,969
Average home price
+51%
vs Canada average
+25%
vs Ontario average
C$839,112
Ontario average
How Toronto compares
| Area | Average home price |
|---|---|
| Toronto | C$1,051,969 |
| Ontario (province) | C$839,112 |
| Canada (national) | C$695,412 |
Living in Toronto: what to know before you move
Home prices tell you what it costs to buy in Toronto, but daily life depends on much more. On housing alone, Toronto is relatively expensive nationally. Here’s where to research the things prices don’t capture:
- Schools. School quality varies by neighbourhood and board. See Toronto school rankings.
- Cost of living. Beyond the mortgage, weigh groceries, utilities, and transit. Compare Toronto’s cost of living.
- Safety. Crime and safety vary by area. Review Toronto safety stats.
- The bigger picture. For history, economy, and climate, read about Toronto on Wikipedia.
Toronto home prices: frequently asked
How much does a house cost in Toronto? +
The average home in the Toronto area sells for about C$1,051,969 as of April 2026 — 51% more expensive than the Canadian national average of C$695,412.
Is Toronto expensive to live in? +
By home prices, Toronto is 25% more expensive than the Ontario average and relatively expensive nationally. Housing is the biggest cost, but compare groceries, transit, and taxes too.
How does Toronto compare to the rest of Ontario? +
At about C$1,051,969, Toronto is 25% more expensive than the Ontario provincial average of C$839,112.
See the full Ontario home values, the Canada home values map, or learn what determines home value.
Source: average MLS® residential prices from CREA and local real estate boards (aggregated by WOWA), April 2026. Figures are metro/area averages, not appraisals, and change over time.