Where to Buy Real Estate in Canada 2025: Toronto
Toronto’s top three neighbourhoods finished 2024 with average home prices below $1 million, even after years of steady price appreciation. The post Where to Buy Real Estate in Canada 2025: Toronto appeared first on MoneySense.
Toronto is Canada’s largest city, known for its glittering skyline, diverse neighbourhoods and world-class dining. As the most multicultural city in the world, Toronto is a global business and economic hub with a vibrant cultural scene, set against the backdrop of Lake Ontario. While affordability remains a major challenge for the city’s home buyers, access to top universities and a strong job market are just two of the reasons many still focus their home search on the 416.
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Where to Buy Real Estate in 2025
Best places to buy real estate in Toronto
Here are the top 50 Toronto neighbourhoods for real estate purchases in 2025. To view all the results, slide the columns right or left using your fingers or mouse, or download the data to your device in Excel, CSV or PDF format.
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | Rank | Neighbourhood | City | Benchmark price (2024) | 1-year | 3-year | 5-year | Value | Economics | Accessibility | Children (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 1 | Black Creek | Toronto | $705,222 | 14% | 6% | 51% | 5.0 | 2.1 | 3.0 | 26% |
| 2 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 2 | West Humber-Clairville | Toronto | $869,927 | 10% | 18% | 50% | 4.8 | 1.0 | 3.3 | 19% |
| 3 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 3 | Kingsview Village-The Westway | Toronto | $869,862 | 11% | 10% | 54% | 4.7 | 2.4 | 3.3 | 29% |
| 4 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 08:57 PM | 4 | Pleasant View | Toronto | $1,110,443 | 10% | 16% | 42% | 4.3 | 1.8 | 2.7 | 34% |
| 5 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 5 | Victoria Village | Toronto | $985,574 | 9% | 9% | 41% | 4.2 | 1.6 | 3.3 | 31% |
| 6 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 6 | University | Toronto | $1,439,821 | 13% | 20% | 31% | 4.2 | 2.7 | 3.3 | 13% |
| 7 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 7 | Milliken | Toronto | $1,002,229 | 6% | 6% | 47% | 4.0 | 0.5 | 2.8 | 28% |
| 8 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 8 | Rouge E10 | Toronto | $1,209,712 | 9% | 0% | 54% | 3.9 | 0.9 | 1.2 | 20% |
| 9 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 9 | Brookhaven-Amesbury | Toronto | $902,077 | 10% | -4% | 26% | 3.9 | 2.5 | 3.3 | 28% |
| 10 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 21/04/2025 01:18 PM | 10 | Mount Olive-Silverstone-Jamestown | Toronto | $697,553 | -1% | 7% | 47% | 3.9 | 1.7 | 3.3 | 57% |
| 11 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 11 | Thistletown-Beaumonde Heights | Toronto | $1,143,116 | 8% | 7% | 39% | 3.8 | 1.8 | 3.0 | 23% |
| 12 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 12 | Markland Wood | Toronto | $1,064,318 | 7% | 7% | 30% | 3.8 | 3.8 | 3.3 | 9% |
| 13 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 08:58 PM | 13 | Crescent Town | Toronto | $662,917 | -2% | 9% | 37% | 3.7 | 1.7 | 4.1 | 72% |
| 14 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 14 | Junction Area | Toronto | $1,175,084 | 11% | -2% | 25% | 3.7 | 3.2 | 3.3 | 25% |
| 15 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 08:58 PM | 15 | New Toronto | Toronto | $1,216,063 | 7% | 2% | 42% | 3.7 | 2.8 | 3.8 | 19% |
| 16 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 08:59 PM | 16 | Agincourt South-Malvern West | Toronto | $787,004 | 2% | 3% | 34% | 3.7 | 3.2 | 3.0 | 32% |
| 17 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 17 | Bathurst Manor | Toronto | $1,353,985 | 6% | 8% | 47% | 3.6 | 3.1 | 2.6 | 32% |
| 18 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 18 | Oakridge | Toronto | $897,805 | 8% | -7% | 27% | 3.6 | 2.3 | 3.5 | 28% |
| 19 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 19 | Woburn | Toronto | $842,115 | -1% | 8% | 39% | 3.6 | 2.9 | 2.6 | 33% |
| 20 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 20 | Humbermede | Toronto | $867,159 | -5% | 18% | 46% | 3.6 | 2.0 | 2.9 | 31% |
| 21 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 08:59 PM | 21 | Humberlea-Pelmo Park W4 | Toronto | $1,186,714 | 6% | 4% | 33% | 3.5 | 2.6 | 3.5 | 78% |
| 22 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:00 PM | 22 | Little Portugal | Toronto | $923,904 | 5% | 4% | 16% | 3.5 | 1.1 | 4.5 | 6% |
| 23 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 23 | Kennedy Park | Toronto | $797,227 | 4% | -5% | 30% | 3.5 | 2.1 | 3.3 | 29% |
| 24 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 24 | Oakwood Village | Toronto | $1,193,236 | 10% | 0% | 18% | 3.5 | 1 | 0.2 | 32% |
| 25 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:00 PM | 25 | Downsview-Roding-CFB | Toronto | $920,361 | 3% | 0% | 28% | 3.5 | 5 | 3.3 | 38% |
| 26 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 26 | Weston | Toronto | $795,434 | 0% | 3% | 33% | 3.5 | 2.5 | 3.7 | 20% |
| 27 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 27 | Humber Summit | Toronto | $953,030 | 1% | 0% | 39% | 3.4 | 3.3 | 2.7 | 38% |
| 28 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 28 | Malvern | Toronto | $712,805 | -3% | 2% | 40% | 3.4 | 1.8 | 2.5 | 19% |
| 29 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:01 PM | 29 | Glenfield-Jane Heights | Toronto | $825,986 | -2% | 2% | 43% | 3.4 | 2.7 | 2.8 | 28% |
| 30 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 30 | Westminster-Branson | Toronto | $846,907 | -1% | 3% | 39% | 3.4 | 2.2 | 3.3 | 29% |
| 31 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:01 PM | 31 | Bendale | Toronto | $834,279 | -2% | 3% | 37% | 3.4 | 2.5 | 3.1 | 47% |
| 32 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:02 PM | 32 | Hillcrest Village | Toronto | $1,131,744 | 3% | 7% | 32% | 3.4 | 0.8 | 2.9 | 32% |
| 33 | Luca Tatulli | 18/03/2025 10:41 AM | Justin Dallaire | 30/04/2025 09:03 PM | 33 | Lansing-Westgate | Toronto | $1,513,796 | 4% | 19% | 33% | 3.4 | 2.7 | 3.2 | 30% |
| 34 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 34 | Niagara | Toronto | $792,633 | 2% | 1% | 15% | 3.4 | 2.9 | 2 | 47% |
| 35 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 35 | Humberlea-Pelmo Park W5 | Toronto | $881,612 | 0% | -1% | 36% | 3.3 | 2.6 | 3.3 | 78% |
| 36 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 36 | Yonge-St. Clair | Toronto | $1,856,491 | 11% | 11% | 30% | 3.3 | 2.8 | 4.5 | 13% |
| 37 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 37 | Rustic | Toronto | $1,235,428 | 3% | 8% | 34% | 3.3 | 1.6 | 2.8 | 26% |
| 38 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 38 | Etobicoke West Mall | Toronto | $749,026 | -4% | 4% | 36% | 3.3 | 2.9 | 3 | 35% |
| 39 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 39 | Steeles | Toronto | $928,865 | 2% | -3% | 29% | 3.3 | 3.4 | 2.9 | 36% |
| 40 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 40 | Mimico | Toronto | $871,414 | -1% | 4% | 24% | 3.3 | 3 | 3.4 | 22% |
| 41 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 41 | Briar Hill-Belgravia | Toronto | $907,706 | 1% | 3% | 19% | 3.3 | 2.9 | 3.3 | 39% |
| 42 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 42 | Eglinton East | Toronto | $718,362 | -1% | -5% | 28% | 3.3 | 2.7 | 3.3 | 31% |
| 43 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 43 | York University Heights | Toronto | $776,620 | -1% | 0% | 27% | 3.3 | 1 | 3.2 | 25% |
| 44 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 44 | East York | Toronto | $1,349,264 | 7% | 2% | 26% | 3.3 | 2.8 | 3.3 | 42% |
| 45 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 45 | Flemingdon Park | Toronto | $554,564 | -4% | -4% | 27% | 3.2 | 2.4 | 2.9 | 33% |
| 46 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 46 | Runnymede-Bloor West Village | Toronto | $1,572,469 | 10% | 1% | 23% | 3.2 | 4.1 | 3.3 | 39% |
| 47 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 47 | Dufferin Grove | Toronto | $1,295,323 | 9% | -5% | 16% | 3.2 | 2.7 | 3.3 | 35% |
| 48 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 48 | Leaside | Toronto | $2,207,502 | 11% | 20% | 31% | 3.2 | 2.2 | 3.3 | 22% |
| 49 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 49 | Mount Pleasant East | Toronto | $1,654,447 | 6% | 14% | 24% | 3.1 | 3.5 | 3.9 | 29% |
| 50 | Luca Tatulli | 18/03/2025 10:41 AM | Luca Tatulli | 18/03/2025 10:41 AM | 50 | Rockcliffe-Smythe | Toronto | $893,949 | 1% | -3% | 24% | 3.1 | 1.7 | 2.7 | 39% |
Source: Toronto Regional Real Estate Board
Top three neighbourhoods in Toronto
Black Creek, in northwestern Toronto, has the highest value score of all neighbourhoods in the city this year. At the end of 2024, the average home price in Black Creek was $705,222, up 51% from five years earlier—yet nearly $400,000 less than the Toronto average.
Black Creek Community Farm is a nine-acre urban farm that hosts events, sells discounted organic produce and includes four-season greenhouses and a forest trail. The neighbourhood is also home to the reimagined Village at Black Creek, an open-air museum celebrating local and Indigenous history.
Public transit options are readily available, providing access to downtown Toronto and surrounding areas. Pioneer Village Station, which opened in 2017, is part of the Line 1 Yonge–University subway line and includes a regional bus terminal.
West Humber–Clairville, also in northwestern Toronto, caters to drivers. Located along the Etobicoke–Brampton border, it offers easy access to Highway 427, Steeles Avenue and Toronto Pearson International Airport, making it ideal for commuters and frequent travellers.
The community features the 250-acre Humber Arboretum and the scenic Humber River. If shopping is more your style, Woodbine Mall and Fantasy Fair are just five minutes away. The average home price in West Humber–Clairville was $869,927 at the end of 2024, up 50% from five years earlier.
With more than a dozen elementary, secondary and alternative schools within its borders, Kingsview Village–The Westway neighbourhood is gaining momentum in Toronto’s Etobicoke region. The average home price was $869,862 at the end of 2024, up 54% from five years earlier. It offers strong investment potential for home buyers, particularly for families looking to put down roots.
Initially developed in the 1950s and ’60s, Kingsview Village–The Westway retains a classic suburban feel with wide streets, generous lot sizes and a peaceful, residential community feel. Nearly 30% of households have kids, the highest share among Toronto’s top three neighbourhoods.
What’s happened in the Toronto real estate market?
Compared to previous years, Toronto’s real estate market progressed at a more measured pace in 2024. With no spring surge in real estate activity, buyers faced a relatively stable market.
“Sellers who needed to sell were often willing to accept lower offers, providing strategic buyers the opportunity to secure properties at more favourable prices,” says eXp real estate agent Dan Chiasson. (Zoocasa, the author of this study, is wholly owned by eXp World Holdings.)
Condominiums were a good option for buyers priced out of detached homes. An oversupply of condo listings fostered a balanced market, giving buyers better negotiating power. Successful sales relied heavily on presentation—well-staged units attracted prompt offers, while poorly presented properties struggled.
Many single renters and first-time buyers purchased studio, one-bedroom and one-bedroom-plus-den condos priced between $400,000 and $600,000. With rents averaging about $2,000 per month in 2024 (for a two-bedroom apartment), buying a studio became a practical entry point into the market. “These options weren’t really available when the market was more competitive,” Chiasson says.
Less common, two-bedroom condos were also highly sought-after, he adds. “Buyers acted quickly when finding one within budget, particularly those focused on long-term investment or extra living space.”
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What’s next for real estate in Toronto?
Affordability constraints will continue to shape Toronto’s housing market in 2025. However, under new rules brought into force in 2024, first-time home buyers now have greater access to 30-year mortgages, and mortgage default insurance is available for homes up to $1.5 million (up from $1 million previously). These changes will influence purchasing decisions, even among high-income earners who might otherwise be able to provide a full 20% down payment.
Chiasson says he’s surprised by the number of buyers who have already made use of the new $1.5-million cap for mortgage insurance. As a result, he expects the $900,000-to-$1.5-million market to stay competitive, with tight supply fuelling bidding wars. “There aren’t enough homes in this price range,” he says.
Many Toronto buyers will continue to look for financial support from family, with the Bank of Mom and Dad expected to play a major role in home purchases this year. (Here are six things to consider before borrowing from family.)
Chiasson says home buyers who have trouble breaking into the market will likely seek family help to enter the $2-million-plus market. Otherwise, they might stick with a condo or townhome, or expand their search beyond Toronto.
“With increasing living costs and rising debt obligations, even high earners are exploring ways to maximize their purchasing power in 2025,” he says.
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Read more about buying a home:
- The complete guide for first-time home buyers in Canada
- Buying a second home: How it works in Canada
- Mortgage affordability calculator
- How changes to the Home Buyers’ Plan could affect your down payment
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The post Where to Buy Real Estate in Canada 2025: Toronto appeared first on MoneySense.
