As Toronto’s average rent sits near $3,100/month, many long-time renters are deciding that homeownership outside the city is finally within reach.
Driven by lower prices, hybrid work, and more flexible commuting, GTA suburbs in the 905 are seeing a wave of renters trading leases for mortgages.
According to TRREB, GTA home sales outside Toronto grew 8% year-over-year in fall 2025, while downtown condo sales dropped slightly.
🏡 Top 5 GTA Suburbs Where Renters Are Becoming Buyers
| Rank | City | Average Home Price (Sept 2025) |
|---|---|---|
| 1. Oshawa | $725,000 | Affordable detached homes and GO Train access. |
| 2. Milton | $840,000 | Fast-growing community with new builds and schools. |
| 3. Ajax | $810,000 | Strong transit links and lakeside neighborhoods. |
| 4. Brampton | $870,000 | Cultural diversity, strong resale market, family appeal. |
| 5. Newmarket | $920,000 | Expanding GO corridor and suburban lifestyle. |
Source: TRREB Market Watch – Sept 2025
📈 Why Renters Are Making the Move
- Lower Monthly Costs: A mortgage in some suburbs is now comparable to a 2-bedroom Toronto rental.
- New Inventory: Developers are targeting first-time buyers with townhomes and smaller detached homes.
- Commuter Flexibility: GO Transit and remote work are making the 905 more accessible.
- Equity Over Rent: Many renters are prioritizing ownership to build long-term stability.
🧭 Takeaway
The renter-to-owner shift is one of the biggest GTA housing trends of 2025.
With affordable pockets and new developments, suburbs like Oshawa, Milton, and Ajax are becoming the go-to for first-time buyers who are done with Toronto’s rental squeeze.
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