Average House Price in Toronto

The average house price in Toronto is $772,400

Toronto house prices

In May 2018, Toronto’s average house price down by 5.4% compared to the same month in 2017.

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


Average House Price in Toronto
2016 2017 2018
January $631,092 $706,700*  $743,200
February $675,278 $728,300*  $751,700
March $688,181 $772,400* $760,800
April $739,082  $807,900* $766,300
May  $751,908  $816,400* $772,400
June $746,546  $793,915
July $709,825 $746,218
August $661,100*  $755,400
September $669,000*  $750,800
October $681,500*  $747,800
November $687,000* $744,700
December $730,472  $743,500
Source: CREA
*Updated

Decide if homeownership is right for youHere are some recommendations from the Canada Mortgage and Housing Corporation to buying your first home:

  • 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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