Average House Price in Toronto

The average house price in Toronto is $744,700

Toronto house prices

In November 2017, Toronto’s average house price up 8.4% 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
2016 2017 2018
January $631,092 $770,745
February $675,278 $875,983
March $688,181 $916,567
April $739,082  $920,791
May  $751,908  $863,910
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
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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