Toronto East market report · January 2025
Toronto East housing market: January 2025
Toronto East housing market in January 2025: $929,722 average sale price (up 3.8% year over year), 363 homes sold, 2.6 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Toronto East in January 2025
Toronto East recorded 363 sales in January 2025, 2.2% fewer than the same month a year earlier. Sellers brought 925 new listings to market, leaving 1,159 properties in inventory — 65.3% more than a year ago. At the month's pace of sales that is 2.6 months of supply, which puts Toronto East in a balanced market. 46% of the month's new listings sold.
The average sale price across all property types was $929,722, up 3.8% year over year and down 1.3% on the month. Detached homes averaged $1,229,361 against $557,276 for condo apartments — the gap that decides which side of the $1.5 million insured-financing cap a purchase here falls on.
The two years to January 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,229,361 | +5.3% | 145 | 369 | 405 |
| Semi-detached | $1,091,245 | -2.8% | 49 | 80 | 69 |
| Row / townhouse | $991,699 | +3.1% | 14 | 43 | 37 |
| Apartment | $557,276 | -3.4% | 123 | 345 | 522 |
| All types | $929,722 | +3.8% | 363 | 925 | 1,159 |
Source: the Toronto Regional Real Estate Board, Toronto East, January 2025.
What this means if you're buying in Toronto East
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If a property has an existing basement apartment, the single most valuable question to ask before you write is whether it is legal and registered — because lenders differ enormously on unregistered suites, and the ones that will use the income at all will often use less of it. Beyond that, how a lender applies the rent matters as much as how much they use: adding it to your income is far less powerful than subtracting it from the payment, and not every lender offers the second approach. On an east-end purchase with a suite, that single choice can swing your approval by a very large amount.
Read the full Toronto East area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Toronto East?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.