Toronto Housing Deep Dive

Comprehensive affordability analysis and market insights for Toronto, Ontario

Price-to-Income
10.6x
Mortgage Est.
$4,899/mo
Avg Rent
$2,900
YoY Change
-4.5%

10-Year Home Price Trend: Toronto

$561k$822k$1083k$1343k$1604k201520172019202120232025

*Historical data reflects Ontario provincial averages as a representative proxy for local market velocity.

Market Summary

"As Canada's financial hub, Toronto's market is driven by high-density demand and massive immigration."

Top Affordability Challenges

  • 1
    Massive lag in purpose-built rental construction
  • 2
    Speculative investment in the condo market
  • 3
    Infrastructure falling behind population growth

Market Outlook

Recent corrections have brought prices down from 2022 peaks, but affordability remains a major political hurdle.

Next Steps

Calculate Your Specific Path

Use our Land Transfer Tax and Mortgage Payment calculators to see how Toronto's prices impact your specific budget.