Toronto East market report · February 2025
Toronto East housing market: February 2025
Toronto East housing market in February 2025: $1,036,183 average sale price (up 0.8% year over year), 359 homes sold, 2.8 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Toronto East in February 2025
Toronto East recorded 359 sales in February 2025, 28.3% fewer than the same month a year earlier. Sellers brought 954 new listings to market, leaving 1,338 properties in inventory — 80.8% more than a year ago. At the month's pace of sales that is 2.8 months of supply, which puts Toronto East in a balanced market. 45% of the month's new listings sold.
The average sale price across all property types was $1,036,183, up 0.8% year over year and up 11.5% on the month. Detached homes averaged $1,262,912 against $602,263 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 February 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,262,912 | -4.8% | 169 | 400 | 478 |
| Semi-detached | $1,167,955 | -5.2% | 54 | 94 | 84 |
| Row / townhouse | $1,119,172 | +4.7% | 15 | 25 | 40 |
| Apartment | $602,263 | -2.6% | 96 | 320 | 568 |
| All types | $1,036,183 | +0.8% | 359 | 954 | 1,338 |
Source: the Toronto Regional Real Estate Board, Toronto East, February 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.