Toronto East market report · July 2026
Toronto East housing market: July 2026
Toronto East housing market in July 2026: $885,625 average sale price (down 10.4% year over year), 554 homes sold, 3.6 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Toronto East in July 2026
Toronto East recorded 554 sales in July 2026, 2.8% fewer than the same month a year earlier. Sellers brought 1,126 new listings to market, leaving 1,856 properties in inventory — 12.2% 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. 41% of the month's new listings sold.
The average sale price across all property types was $885,625, down 10.4% year over year and down 10.1% on the month. Detached homes averaged $1,069,871 against $512,062 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 July 2026
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,069,871 | -10.7% | 252 | 515 | 781 |
| Semi-detached | $1,066,833 | -7.2% | 82 | 122 | 127 |
| Row / townhouse | $864,736 | -11.2% | 36 | 40 | 65 |
| Apartment | $512,062 | -4.1% | 129 | 345 | 642 |
| All types | $885,625 | -10.4% | 554 | 1,126 | 1,856 |
Source: the Toronto Regional Real Estate Board, Toronto East, July 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.