Toronto’s housing market can feel overwhelming, but understanding what each price point actually gets you can make the process a lot clearer. Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets typically buy across the city in 2025.
This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market.
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$425,000 in Mount Olive-Silverstone-Jamestown, Toronto
$515,000 in Banbury-Don Mills, Toronto
$614,900 in Toronto Waterfront Communities
$749k in Markland Wood, Toronto
$949,000 in Newtonbrook West, Toronto
$1,998,000 in East York, Toronto
$3,998,000 in Kingsway South, Toronto
Key Takeaways
- Toronto’s entry-level homes are primarily condos under $700K
- Freehold homes usually start around $900K to $1 million
- Budget drastically changes what neighbourhoods you can access
- Townhomes and semis offer a middle ground between condos and detached homes
- Luxury options above $2 million offer more space, privacy, and premium locations
Watch this if you’re in need of a laugh:
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