Toronto East market report · August 2026
Toronto East housing market: August 2026
Toronto East housing market in August 2026: $857,162 average sale price (down 9.3% year over year), 425 homes sold, 3.6 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Toronto East in August 2026
Toronto East recorded 425 sales in August 2026, 2.3% fewer than the same month a year earlier. Sellers brought 940 new listings to market, leaving 1,744 properties in inventory — 5.4% less than a year ago. At the month's pace of sales that is 3.6 months of supply, which puts Toronto East in a balanced market. 42% of the month's new listings sold.
The average sale price across all property types was $857,162, down 9.3% year over year and down 3.2% on the month. Detached homes averaged $1,079,819 against $518,333 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 August 2026
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,079,819 | -6.4% | 194 | 392 | 718 |
| Semi-detached | $1,026,589 | 0.0% | 49 | 106 | 129 |
| Row / townhouse | $826,853 | -17.2% | 15 | 51 | 77 |
| Apartment | $518,333 | -3.4% | 127 | 289 | 603 |
| All types | $857,162 | -9.3% | 425 | 940 | 1,744 |
Source: the Toronto Regional Real Estate Board, Toronto East, August 2026.
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.