Search Toronto homes for sale with Ontario expert, Nicole Digalakis.
Welcome to Toronto, the heart of Canada’s cultural and economic landscape—a vibrant metropolis where global sophistication meets neighborhood warmth. As the largest city in the country, Toronto offers a dynamic blend of iconic skyscrapers, diverse communities, and a lifestyle that caters to every pace and passion. Whether you're strolling through the historic streets of Old Town, enjoying the waterfront views at Harbourfront, or exploring the eclectic boutiques of Queen West, Toronto’s energy is undeniable.
With a rich history dating back to the 18th century, Toronto has grown from a colonial settlement to a world-renowned hub of innovation, culture, and opportunity. Its multicultural roots are reflected in everything from cuisine and festivals to the warm, welcoming spirit of its people. Discover the essence of city living in Toronto, ON—a place where every corner offers something new, and every day holds the promise of discovery.
As of March 2025, Toronto’s housing market remains active and resilient, showing signs of recovery and renewed buyer interest. The average home price in the city stands at approximately $1,103,700, reflecting a 1.4% month-over-month increase and a 0.3% year-over-year rise. This slight uptick in prices suggests growing confidence among buyers and sellers, even amid higher interest rates.
Sales activity has also seen a boost, with home sales up 33% compared to the previous month, signaling a seasonal rebound as spring approaches. The average number of days a home stays on the market in Toronto is around 28 days, indicating a balanced market where well-priced homes can still move relatively quickly. Despite ongoing affordability challenges, especially in the detached home segment, demand remains strong in areas offering condos and townhouses, where price points are more accessible.
Overall, Toronto’s real estate market in early 2025 shows cautious optimism, with steady pricing and increased activity pointing toward a stable and competitive landscape.
As of March 2025, Toronto’s housing market is moderately competitive. Homes typically sell in about 28 days, and while multiple offers do occur, they’re more common in high-demand neighborhoods or for well-priced, move-in-ready properties.
On average, homes sell for close to the asking price, though bidding wars are less frequent than during peak market conditions. The market has become more balanced compared to the intense competition seen in earlier years, giving buyers slightly more room to negotiate, especially in the higher-priced detached home segment.
However, entry-level homes and condos in desirable locations can still attract significant interest and move quickly.
For detailed, up-to-date information on buying a house in Toronto, including legal considerations and market trends, you can talk to us.
When purchasing a condo in the Toronto ON real estate market, buyers should evaluate factors such as location, maintenance fees, building amenities, and future resale potential. Research the condo corporation’s financial health and review the status certificate to understand any upcoming expenses or legal issues. Proximity to transit, schools, and daily amenities can greatly impact both your lifestyle and the unit’s value over time. Additionally, newer builds may offer modern features but could come with higher fees, while older units may have larger layouts but require updates.
Yes, first-time home buyers in Toronto ON real estate can benefit from several programs and incentives, including the First-Time Home Buyer Incentive, which offers shared equity with the government, and the Land Transfer Tax Rebate, which helps offset the cost of Toronto’s municipal and provincial land transfer taxes. Additionally, the Home Buyers’ Plan (HBP) allows individuals to withdraw up to $35,000 from their RRSPs to put toward a down payment, tax-free. These programs can help ease the financial burden of entering Toronto’s competitive market.
The Toronto ON real estate market offers a wide range of property types to suit different buyer needs. Options include high-rise and boutique condos, townhouses, detached homes, semi-detached homes, and loft conversions. Condos are especially popular among first-time buyers and investors, while families often gravitate toward detached or semi-detached homes in neighborhoods like East York, North York, and the Beaches. Whether you're looking for an urban lifestyle downtown or a quieter community setting, Toronto offers diverse housing options.
To stand out in the Toronto ON real estate market, sellers should focus on curb appeal, decluttering, deep cleaning, and staging the property to highlight its best features. Professional photography and a compelling listing description are essential, especially in such a visually-driven and competitive market. Hiring an experienced local real estate agent can also help with pricing strategy, market exposure, and negotiation to ensure you get the best possible return.
Not necessarily. In the Toronto ON real estate market, small cosmetic improvements often offer better ROI than major renovations. Focus on quick upgrades like fresh paint, updated lighting, fixing minor repairs, and improving landscaping. However, if your kitchen or bathroom is very outdated, selective renovations can add value. It’s best to consult with a local real estate expert who can advise on what buyers in your neighborhood are looking for.
Sellers in the Toronto ON real estate market should budget for several key expenses, including real estate agent commissions (typically 4–5% of the sale price), legal fees, staging and photography costs, and potential mortgage discharge fees. Additionally, Toronto sellers must pay a municipal land transfer tax on top of the provincial tax if purchasing another home in the city. Understanding these costs in advance can help you better plan for your next move and ensure a smoother transaction.
Whether you have questions about the Toronto real estate market or are ready to explore your property options, we're here to help. With expert local knowledge and a commitment to finding the perfect fit for your needs, our team is ready to guide you through every step of the buying process. Reach out now to get personalized advice and discover the best homes available in Toronto!
Explore everything Toronto has to offer by browsing our comprehensive neighborhood guide! Whether you're looking for a family-friendly community, easy access to downtown Toronto, or nearby parks and amenities, our guide will provide all the insights you need to find the perfect neighborhood. Start your journey today and discover the beauty of Toronto!
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At Digalakis Real Estate, you are much more than just a business opportunity. Whether you're a first-time homebuyer or a senior seller, the team is fully committed to you, your successes, your satisfaction, and ensuring you never have to take on this life-changing chapter alone.
