What does $500,000, $1 million or even $5 million actually buy you in Ontario?
We looked at active listings currently on the market across the province to see how dramatically your options can change depending on budget and location.
From townhouses and detached homes to waterfront properties, luxury condos and massive estates, here’s what different budgets can buy in Ontario right now.
Around $500,000: Acton
📍 5 Kingham Road, Acton
💰 $498,000
🛏️ 3+1 bedrooms
🛁 3 bathrooms
At just over $500,000, buyers can find a townhouse in Acton with three bedrooms plus additional finished living space.
The home includes a bright kitchen, patio access and a finished basement that could be used as a bedroom, office or recreation space.
At the time of publication, the property is actively listed for $498,000.
Listed with MICHAEL SAMRAH
Around $700,000: Markham
📍 119 Pond Drive, Markham
💰 $688,000
🛏️ 2+1 bedrooms
🛁 2 bathrooms
🚗 2 parking spaces
Moving closer to $700,000 gets you a townhouse in Markham near Leslie Street and Highway 7.
The property includes two bedrooms plus an additional room, two bathrooms and two parking spaces.
At the time of publication, it is actively listed for $688,000.
Listed with LEO SHIU
Around $730,000: Trent Lakes
📍 51 Spring Drive, Trent Lakes
💰 $733,000
🛏️ 3 bedrooms
🛁 2 bathrooms
📐 1,584 sq. ft.
🌲 1.4 acres
For $733,000, buyers can trade the GTA for more land and a quieter setting near Bobcaygeon.
This custom-built bungalow sits on approximately 1.4 acres and includes one-level living, an open-concept interior, in-floor heating and access to nearby trails and Pigeon Lake.
At the time of publication, it is actively listed for $733,000.
Listed with Nicole Campbell, Salesperson, Ball Real Estate Inc.
Around $800,000: Brampton
📍 10 Lorraine Crescent, Brampton
💰 $809,000
🛏️ 4 bedrooms
📐 48 x 161-foot lot
At just over $800,000, this Brampton listing offers a renovated four-bedroom detached home on a 161-foot-deep lot.
The backyard backs directly onto parkland and trails with no rear neighbours.
At the time of publication, the property is actively listed for $809,000.
Listed with YASH CHHIBBAR
Around $1 Million: Toronto
📍 72 Robbins Avenue, Toronto
💰 $1,049,000
🛏️ 3 bedrooms
🛁 2 bathrooms
📐 1,240 sq. ft.
Just over the $1-million mark gets you a three-bedroom house in Toronto’s east end.
The property includes a spacious eat-in kitchen, finished basement and private fenced backyard with a deck.
It is also close to Moncur Park, transit, shops, The Beaches and Leslieville.
At the time of publication, the home is actively listed for $1,049,000.
Listed with CYNTHIA HU
Around $1.1 Million: Maple
📍 84 Sandway Crescent, Maple
💰 $1,088,800
🛏️ 4+1 bedrooms
🛁 4 bathrooms
At around $1.1 million, buyers can find a larger family home in Maple.
The active listing includes four bedrooms plus an additional room and four bathrooms.
At the time of publication, the property is listed for $1,088,800.
Listed with Chris Chopite, Sina Tahami, Steve Zahnd and Scott Benson.
Around $1.4 Million: Toronto Penthouse
📍 PH618, 899 College Street, Toronto
💰 $1,399,000
🛏️ 2 bedrooms + den
🚗 1 parking space
📦 1 locker
At almost the exact same budget, buyers can instead choose a two-storey penthouse near Little Italy.
The property features two private south-facing terraces, Toronto skyline views, a chef-inspired kitchen, gas fireplace and private storage.
At the time of publication, the penthouse is actively listed for $1,399,000.
Listed with CARMEN LISCIO
Around $1.7 Million: Georgian Bay
📍 53 Ellery Road, Georgian Bay
💰 $1,675,000
🛏️ 6 bedrooms
🛁 3 bathrooms
🌊 147 feet of waterfront
For around $1.7 million, buyers can move directly onto Georgian Bay.
This four-season waterfront home in Honey Harbour sits on approximately three-quarters of an acre and offers 147 feet of frontage.
The property includes six bedrooms, three bathrooms, just under 3,000 square feet of above-grade finished living space and a 70-foot private dock.
At the time of publication, the property is actively listed for $1,675,000.
Listed with Alicia Van Lankveld, Salesperson, Royal LePage RCR Realty.
Around $2.2 Million: Brampton
📍 15 Degree Drive, Brampton
💰 $2,199,999
🛏️ 5+1 bedrooms
🛁 5 bathrooms
🚗 3-car garage
📐 More than 5,500 sq. ft. of finished living space
At roughly $2.2 million, buyers start getting significantly larger executive homes.
This Brampton property offers more than 5,500 square feet of finished living space, a three-car garage, large kitchen, covered outdoor spaces and a finished lower level.
At the time of publication, the home is actively listed for $2,199,999.
Listed with AUGUSTUS THEODOROU
Around $2.35 Million: Vaughan
📍 17 Yates Avenue, Vaughan
💰 $2,349,000
🛏️ 5+1 bedrooms
🛁 5 bathrooms
🚗 2-car garage
At approximately $2.35 million, buyers can find this large Upper Thornhill Estates home in Vaughan.
The property features 10-foot main-floor ceilings, a chef’s kitchen with a large quartz island, a private office and custom millwork.
Outside, there is a fenced yard with a gazebo and playground.
At the time of publication, the home is actively listed for $2,349,000.
Listed with MINHAL HAIDER JAFFER
Around $2.4 Million: Toronto
📍 10 Graphophone Grove #702, Toronto
💰 $2,360,000
🛏️ 3 bedrooms
🌆 Approximately 1,200 sq. ft. terrace
At almost the same budget, Toronto buyers can choose a very different type of home.
This three-bedroom condo comes with a roughly 1,200-square-foot private terrace featuring its own hot tub.
At the time of publication, the property is actively listed for $2,360,000.
Listed with VALENTINO ARBABI
Around $4 Million: King City
📍 26 Austin Rumble Court, King City
💰 $3,998,000
🛏️ 4+1 bedrooms
🛁 5 bathrooms
🚗 3-car garage
Close to $4 million gets buyers into the higher end of the King City market.
This property offers four bedrooms plus an additional room, five bathrooms and a three-car garage.
At the time of publication, the home is actively listed for $3,998,000.
Listed with JOHN AYOUB
Around $5.3 Million: Oakville
📍 1529 Venetia Drive, Oakville
💰 $5,349,000
🛏️ 4+1 bedrooms
🛁 6 bathrooms
🚗 13 parking spaces
📐 Nearly 7,000 sq. ft.
At more than $5 million, Ontario’s luxury market looks completely different.
This Oakville property offers nearly 7,000 square feet of living space with four bedrooms plus a guest suite, six bathrooms, a secondary catering kitchen, theatre and gym.
Outside, the property includes a pool and gazebo.
At the time of publication, the estate is actively listed for $5,349,000.
Listed with KEITH GODDING
What Your Budget Can Buy In Ontario Varies Dramatically
These active listings show just how different buying power can look across Ontario.
Around $500,000 can buy a townhouse outside Toronto, while the $700,000 to $800,000 range includes everything from GTA townhouses to detached homes on larger properties.
Around $1 million to $1.5 million, buyers can choose between Toronto homes, penthouses and substantially larger detached properties elsewhere in the province.
Once budgets move beyond $2 million, the options range from large executive homes to luxury Toronto condos, while the highest-end listings include multimillion-dollar estates with thousands of square feet of living space.
All properties featured were active listings at the time of publication. Prices, availability and listing status can change at any time.
Canada Housing Market 
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