Average House Price in Toronto

Toronto house prices

In September 2017, Toronto’s average house price up 12.2% compared to the same month in 2016.

Home prices depend on the size, location, amenities, the age and condition of the apartment, townhouse or house.


Average House Price in Toronto 2017

2014 2015 2016 2017
January $526,528 $552,575 $631,092 $770,745
February $553,193 $596,163 $675,278 $875,983
March $557,684 $613,933 $688,181 $916,567
April $557,898 $635,932 $739,082  $920,791
May $585,204 $649,599  $751,908  $863,910
June $639,184 $746,546  $793,915
July $550,700 $609,236 $709,825 $746,218
August $602,607 $661,100*  $755,400
September $573,676 $627,395 $669,000*  $750,800
October $630,876 $762,975
November $577,936 $632,685 $776,684
December $556,602 $609,110 $730,472
Source: CREA 2017

Here are some recommendations from the Canada Mortgage and Housing Corporation to buying your first home:

  • Decide if homeownership is right for you
  • Check if you are financially ready to own a home
  • Analyze your situation and mortgage possibilities
  • Find the right home
  • Make and offer and close the deal



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