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How much does it cost to buy a home in Toronto?

What are some price benchmarks per property type in the GTA?

Bōde Support avatar
Written by Bōde Support
Updated over 2 weeks ago

The cost of buying a home in the Greater Toronto Area (GTA) can vary widely depending on several factors, including the type of property, location, size, condition, and current market conditions.

Here are some approximate price ranges for different types of homes in the GTA based on 2025 market data:

Condominiums (Condos)

Condo prices in the GTA vary significantly depending on location and building amenities. In 2025, one-bedroom condos typically start around $600,000, with average prices closer to $655,000. Premium units or condos in downtown Toronto or newer developments can exceed $800,000.

Townhouses

Townhouses generally range in price from $850,000 to $1.2 million or more, depending on the location, size, and features. Freehold townhouses in desirable neighbourhoods or close to transit tend to command the highest prices.

Semi-Detached Homes

Semi-detached homes remain a more affordable alternative to detached homes while still offering ample space. In 2025, prices typically range from $900,000 to $1.3 million, with an average around $1,015,000 in the GTA.

Detached Homes

Detached single-family homes are the most expensive property type in the GTA. Prices generally start at around $1.2 million and can exceed $3 million in sought-after areas such as central Toronto or affluent suburbs. The average detached home price in the GTA sits at approximately $1.36 million.

Bungalows and Other Housing Types

Other types of housing, such as bungalows, vary widely in price based on location and lot size. In 2025, prices typically begin around $900,000 and can go well over $1.5 million depending on neighbourhood and condition.

Keep in mind that the GTA real estate market is highly dynamic, and prices can change rapidly based on supply and demand, economic conditions, and government policies. Use Bōde's up to date data tools help you navigate the market:

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