Toronto East market report · May 2025
Toronto East housing market: May 2025
Toronto East housing market in May 2025: $1,060,589 average sale price (down 4.5% year over year), 618 homes sold, 3.2 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Toronto East in May 2025
Toronto East recorded 618 sales in May 2025, 5.5% fewer than the same month a year earlier. Sellers brought 1,786 new listings to market, leaving 2,224 properties in inventory — 58.6% more than a year ago. At the month's pace of sales that is 3.2 months of supply, which puts Toronto East in a balanced market. 40% of the month's new listings sold.
The average sale price across all property types was $1,060,589, down 4.5% year over year and down 0.3% on the month. Detached homes averaged $1,284,321 against $564,123 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 May 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,284,321 | -7.3% | 298 | 811 | 894 |
| Semi-detached | $1,221,623 | -7.4% | 97 | 229 | 187 |
| Row / townhouse | $1,051,299 | -12.3% | 38 | 98 | 87 |
| Apartment | $564,123 | -9.8% | 128 | 484 | 786 |
| All types | $1,060,589 | -4.5% | 618 | 1,786 | 2,224 |
Source: the Toronto Regional Real Estate Board, Toronto East, May 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.