Jan 28, 2026

In the world of Toronto real estate, love doesn’t always bloom over granite countertops or walk-in closets. Sometimes, it’s the unexpected—a vintage rotary phone built into the wall or a backyard gnome village—that seals the deal. At Toste & Co, we’ve seen our fair share of swoon-worthy surprises. 

Here’s a lighthearted look at the quirks that made buyers say, “This is the one!” 


1. The Retro Pink Bathroom That Sparked Joy 

A 1950s bungalow in East York had been on the market for weeks—until one couple walked in and fell for its bubblegum-pink tub, matching sink, and floral tile. “It reminded me of my grandmother’s house,” the buyer said. Nostalgia won over modernity. 

2. The Secret Bookshelf Door in Roncesvalles 

Behind a floor-to-ceiling bookshelf in a semi-detached home was a hidden office—complete with a speakeasy-style light fixture. The buyer, a mystery novelist, called it “the plot twist I didn’t know I needed.” 

3. Urban Chicken Coop in Leslieville 

Yes, it was legal. Yes, it was adorable. A small coop with two hens named Maple and Mocha became the deciding factor for a young family seeking a sustainable lifestyle. Bonus: fresh eggs and a built-in lesson in responsibility for the kids. 

4. Basement Arcade in Scarborough 

A fully functional 1980s-style arcade—Pac-Man, pinball, and all—turned a dated basement into a retro paradise. The buyer, a tech entrepreneur, called it “the ultimate stress reliever.” 

5. Indoor Jungle in The Annex 

A sunroom converted into a lush indoor greenhouse, complete with a koi pond and hanging ferns, captivated a couple who had just returned from Costa Rica. “It felt like a vacation every day,” they said. 

6. Vintage Sewing Nook in a Junction Triangle Loft 

A built-in sewing station with antique drawers and a fold-out table was the clincher for a fashion designer. “It was like the home was waiting for me,” she said. 

7. Catwalks and Climbing Walls in a Cabbagetown Victorian 

Designed for feline royalty, this home featured custom catwalks, tunnels, and a “catio” (cat patio). The buyer? A proud cat dad with three rescue tabbies. 

Love Is in the (Real Estate) Details 

While square footage and location matter, it’s often the quirky, personal touches that turn a house into the home. 


At Toste & Co, we celebrate the charm, character, and unexpected features that make Toronto real estate unforgettable. Whether it’s a pink bathroom or a secret door, we’re here to help you find your perfect match.

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Jan 28, 2026

February in Toronto may be chilly, but it’s the perfect time to cozy up indoors—and get productive. Whether you’re prepping to sell or simply want to love your space a little more, these weekend-friendly DIY projects can add real value to your home without breaking the bank (or your back). 

1. Refresh Your Front Entry 

First impressions matter—even in winter. Swap out tired hardware, add a fresh coat of paint to your front door (navy and forest green are trending), and install a smart doorbell. Bonus: it’s a security upgrade too. 


2. Paint an Accent Wall 

A pop of colour can transform a room. Try a moody blue in the dining room or a warm terracotta in the bedroom. Stick to low-VOC paints for indoor air quality, especially during the colder months. 


3. Upgrade Lighting Fixtures 

Outdated lighting can drag down your home’s appeal. Replace builder-grade fixtures with modern, energy-efficient options. Think matte black finishes, globe pendants, or even a statement chandelier in the hallway. 


4. Add Window Trim or Crown Moulding 

These small architectural details can make a big impact. Pre-cut kits from local hardware stores make installation easier than ever—and they instantly elevate a room’s look. 

5. Re-Caulk and Re-Grout 

A clean bathroom is a valuable bathroom. Refreshing caulk and grout around tubs, sinks, and backsplashes can make everything look newer and brighter—without a full reno. 

6. Create a Mini Indoor Garden 

Bring life into your home with a curated plant corner. Snake plants, pothos, and ZZ plants thrive in low light and add a fresh, healthy vibe—especially during grey Toronto winters. 


Small Fixes, Big Impact 

You don’t need a full renovation to make your home shine. These February fix-ups are perfect for cold weekends and can help boost your home’s value, comfort, and charm. 

Whether you’re selling this spring or simply nesting, Toste & Co is here to guide you every step of the way.

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Jan 06, 2026

A Reset, Not a Retreat 

Toronto’s real estate market has weathered its share of storms—from pandemic bidding wars to interest rate spikes—but 2026 marks a new phase: recalibration. 

According to Royal LePage, the Greater Toronto Area (GTA) is expected to see a 4.5% decrease in aggregate home prices by the end of the year. This isn’t a crash—it’s a correction. With affordability improving and interest rates stabilizing, buyers are cautiously returning, while sellers are adjusting expectations. 

Whether you’re entering the market or planning your next move, this guide breaks down what to expect in 2026. 


1. Interest Rates: Predictable, Not Perfect 

The Bank of Canada is expected to maintain interest rates in the 3.0% to 3.5% range throughout 2026. While higher than pre-pandemic lows, this stability is a welcome change after years of volatility. 

- Buyers: Fixed-rate mortgages are gaining popularity again, offering predictability in monthly payments. 

- Sellers: Stable rates are encouraging sidelined buyers—especially first-timers and newcomers—to re-engage. 

Pro Tip: Get pre-approved early. Lenders are still cautious, and qualifying criteria remain tight. 

2. Inventory: More Listings, More Leverage for Buyers 

While Royal LePage doesn’t provide specific inventory projections, industry experts anticipate a gradual increase in listings due to improved affordability and reduced competition. 

Property Type

Inventory Outlook

What It Means

Detached Homes

Flat to Slightly Up

Still limited to core neighbourhoods

Condos

Rising

More choice, especially downtown

Townhomes

Moderate Increase

Popular in family-friendly zones

 

- Buyers: More listings mean less pressure to overbid—especially in the condo segment. 

- Sellers: Strategic pricing and presentation are key in a more balanced market. 

3. Neighbourhood Trends: Walkability Wins 

The “15-minute city” concept continues to shape buyer preferences. Proximity to transit, green space, and daily essentials is now more valuable than square footage alone. 

Neighbourhoods to Watch in 2026: 

- Mount Dennis: Boosted by the Eglinton Crosstown LRT, this west-end area is gaining traction. 

- Birch Cliff (Scarborough): A serene waterfront spot attracting families and downsizers. 

- Junction Triangle: Gentrifying with improved cycling infrastructure and community spaces. 

- Pickering & Ajax: GO Transit upgrades are turning these into commuter favourites. 

4. Price Forecast: A Gentle Dip, Not a Dive 

Royal LePage projects a 4.5% decline in GTA home prices in 2026, with detached homes down 2.0% and condos down 2.5%. This reflects a market correction, not a collapse. 

Property Type

2026 Price Trend

Detached Homes

↓ 2.0%

Condos

↓ 2.5%

Aggregate (GTA)

↓ 4.5%

 

Investor Insight

Rental demand remains strong, especially near hospitals and universities. Purpose-built rentals are gaining traction, offering alternatives to traditional condo investments. 

 

 Final Word: 2026 Is the Year of the Strategic Move 

Whether you're buying a condo in Regent Park or selling in North York, 2026 is about timing, transparency, and local insight. The market is more balanced, but still nuanced. 

Toste & Co Takeaway

Think of 2026 as a reset. With steadier rates and more realistic pricing, there’s space to plan a move that fits your life—not just the market.

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Oct 28, 2025

The Return of the Shared Roof

In a world where housing prices soar and solitude often comes at a premium, families across Canada are rediscovering the strength of togetherness—under one roof. Multigenerational living, once seen as a relic of the past, is now a rising trend fueled by economic necessity, cultural tradition, and a renewed appreciation for intergenerational bonds. 

The Numbers Tell a Story 

According to Statistics Canada, the number of multigenerational households rose from 364,505 in 2001 to 441,750 in 2021—a 21.2% increase. By 2025, over 9.5 million Canadians are living in multigenerational or intergenerational setups. This isn’t just a blip—it’s a full-blown comeback. 

Affordability: A Roof Shared Is a Cost Halved 

With housing prices climbing and rental markets tightening, pooling resources has become a practical solution. Families are choosing to live together to: 

  • Share mortgage or rent payments.
  • Reduce utility and grocery costs.
  • Avoid expensive childcare or eldercare services.

In cities like Vancouver and Toronto, where affordability is a daily struggle, backyard homes and shared dwellings are becoming lifelines


Tradition: Honouring Cultural Roots 

For many immigrant families, multigenerational living isn’t a trend—it’s tradition. Cultures from South Asia, East Asia, Latin America, and Southern Europe have long embraced the idea of elders, parents, and children cohabiting. It’s a model that values: 

  • Respect for elders. 
  • Collective decision-making.
  • Cultural continuity through shared stories, meals, and rituals 

This resurgence is not just practical—it’s deeply personal. 


Togetherness: The Emotional Wealth of Proximity 

Beyond dollars and cents, there’s a richness in daily connection. Grandparents become built-in babysitters and bedtime storytellers. Parents gain support during life’s chaotic seasons. Children grow up with a deeper sense of identity and belonging. 

As one Vancouver resident put it, living steps away from his granddaughter is “an extraordinary blessing”. These homes become ecosystems of love, learning, and legacy. 


Innovative Solutions: Tiny Homes and Smart Design 

To meet the demand, communities are getting creative. Tiny home villages and backyard suites offer privacy without isolation. Thoughtful architecture balances shared spaces with personal retreats. Zoning laws are slowly adapting to accommodate these evolving needs. 


Challenges and Considerations 

Of course, multigenerational living isn’t without its hurdles: 

  • Privacy concerns.
  • Generational clashes. 
  • Legal and zoning complexities. 

But with open communication and intentional design, many families are finding the rewards far outweigh the challenges. 

Conclusion: A Model for Resilience 

In today’s economic climate, multigenerational homes offer more than shelter—they offer stability, support, and soul. As families rethink what it means to thrive, the answer may lie not in more space, but in shared space. 

The comeback isn’t just about housing—it’s about heart.

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Oct 28, 2025

As the final leaves fall across Toronto, so do housing prices. The city’s real estate market, once red-hot, is now in a strategic slowdown. According to Royal LePage, home prices in Toronto are projected to decline by 3% by the end of 2025, a reflection of high interest rates, cautious buyer behaviour, and a shrinking pool of qualified purchasers. While sales activity is slowly recovering from earlier lows, the gap between supply and demand remains wide

For buyers and sellers, November isn’t just about weathering the chill—it’s about mastering the art of negotiation in a market that rewards precision over speed. 

For Buyers: Leverage the Shift 

1. Target Motivated Sellers 

  • With many homeowners eager—or even desperate—to sell, buyers have regained leverage
  • Look for listings with multiple price reductions or long days on market. These signal flexibility. 

2. Negotiate Beyond the Price Tag 

  • Ask for closing cost coverage, flexible possession dates, or included upgrades. 
  • Sellers are more likely to agree to non-price concessions to preserve their asking price. 

3. Use Market Data to Justify Offers 

  • Detached homes and condos are seeing the steepest declines. Use Royal LePage’s quarterly reports to support your offer strategy
  • A well-researched bid shows seriousness and can soften resistance. 

4. Be Patient—but Prepared 

  • With fewer bidding wars, buyers can take time to evaluate options. But when the right property appears, act decisively. 
  • Pre-approval and a strong deposit still matter in signalling credibility. 


For Sellers: Adapt to Stay Competitive 

1. Price for Today’s Market 

  • Overpricing is a fast track to stagnation. Royal LePage notes that Toronto’s market hasn’t rebounded as expected, despite declining interest rates
  • Consider pricing just below market to generate urgency and attract serious buyers. 

2. Invest in Presentation 

  • In a slower market, visuals matter. Professional staging, high-resolution photography, and compelling descriptions are essential. 
  • Highlight features that align with buyer priorities—energy efficiency, remote work setups, and proximity to transit. 

3. Offer Incentives 

  • Cover part of the buyer’s closing costs, include home warranties, or offer flexible terms. 
  • These perks can make your listing stand out in a crowded field. 

4. Stay Open to Creative Offers 

  • Lease-to-own, vendor take-back mortgages, or extended conditional periods may become more common. 
  • Consult your agent or lawyer to evaluate these options—some may unlock hidden value. 


Where Buyers and Sellers Meet 

Toronto’s November market is a negotiation playground. Buyers have regained leverage, but sellers still hold value—if they’re willing to adapt. The key isn’t confrontation, it’s collaboration. Both sides benefit from transparency, flexibility, and a clear-eyed view of the market’s realities. 


With recessionary pressures, high interest rates, and a shrinking pool of buyers, the market is no longer about speed—it’s about precision. Whether you're buying your first condo or selling a family home, November is your moment to negotiate smarter, not harder.

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Oct 02, 2025

As the golden leaves of Ontario fall and the chill begins to creep into Toronto’s air, homeowners know what’s coming: winter in the 6ix. And it’s not just about snowflakes and skating rinks—it’s about sub-zero temperatures, skyrocketing energy bills, and the risk of frozen pipes. 

Preparing your home now isn’t just smart—it’s essential. Here’s a thoughtfully crafted, checklist to winterize your Toronto home, combining practical advice with energy-saving hacks that will keep you cozy and cost-efficient all season long. 

1. Insulation: Your First Line of Defence 

Toronto winters can dip well below freezing, so insulation isn’t optional—it’s your shield. 

Attic & Roof

Heat rises, and without proper attic insulation, it escapes. Aim for R50 insulation or higher. 

Basement & Crawl Spaces

These areas are often overlooked but can be major sources of heat loss. 

Windows & Doors

Use weather stripping, caulking, and thermal curtains to seal drafts. 

Wall Insulation

If your home is older, consider blown-in insulation to improve thermal performance. 

Pro Tip: Use a thermal camera or hire an energy auditor to identify cold spots and insulation gaps.


2. Furnace & HVAC: Tune It Before You Need It 

Your furnace is the heart of your winter comfort. A breakdown in January? No thanks. 

Schedule a Professional Inspection

Ensure your furnace is clean, efficient, and safe. 

Replace Filters

Dirty filters reduce airflow and efficiency. Change them monthly during peak use. 

Check Thermostat Accuracy

Consider upgrading to a smart thermostat for better control and savings. 

Inspect Ductwork

Leaky ducts can waste up to 30% of heated air. Seal and insulate them. 

Tip: Searching for “Toronto furnace maintenance” now can help you find local deals before the rush.


3. Energy-Saving Hacks That Actually Work 

Winter doesn’t have to mean outrageous utility bills. These hacks are Toronto-tested and wallet-approved. 

Smart Thermostats

Set schedules and monitor usage. Some models even learn your habits. 

LED Lighting

Shorter days mean more lights—switch to LEDs to cut costs. 

Zone Heating

Use space heaters in occupied rooms and lower the central thermostat. 

Reverse Ceiling Fans

Set them to clockwise to push warm air down. 

Unplug Phantom Power

Electronics still draw power when off. Use smart power strips. 

Bonus: Check out Ontario’s Home Efficiency Rebate Plus program for insulation and HVAC upgrades.


4. Exterior Prep: Protect What’s Outside Too 

Toronto’s freeze-thaw cycles can wreak havoc on your home’s exterior. 

Clean Gutters 

Prevent ice dams and water damage. 

Inspect Roof Shingles

Replace any that are cracked or missing. 

Drain Outdoor Faucets

Shut off and drain to avoid burst pipes. 

Cover AC Units

Protect them from snow and ice buildup. 

Local Insight: Toronto’s winter storms can be sudden—don’t wait until the first snowfall to act.


5. Emergency Kit & Backup Plans 

Even the best-prepared homes can face power outages or extreme weather. 

Stock Up

Flashlights, batteries, bottled water, blankets, and non-perishable food. 

Backup Heat Source

Consider a generator or wood-burning stove. 

Carbon Monoxide Detectors

Essential when using alternative heating methods.  


Final Thoughts: Winter-Proofing Is Peace of Mind 

Toronto winters are beautiful—but brutal. By following this checklist, you’re not just protecting your home, you’re investing in comfort, safety, and long-term savings. Whether you're in a downtown condo or a detached home in the suburbs, winterizing now means fewer headaches later. Ready to take action? Bookmark this guide, share it with fellow Torontonians, and start ticking off your winter prep list today.

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Oct 01, 2025

Toronto’s real estate market isn’t just about square footage and school zones—it’s also about storytelling. And few homes tell better stories than those steeped in history… or haunted by it. 

This October, buyers are increasingly drawn to properties with character, especially those that come with a whisper of mystery. Whether it’s the creak of century-old floorboards or tales of ghostly sightings, these homes offer something modern builds can’t: emotional connection. 

Toronto’s Most Haunted Historic Homes 

Casa Loma 

Toronto’s iconic Gothic Revival castle is more than a tourist attraction—it’s a paranormal hotspot. Staff and visitors have reported unexplained footsteps, flickering lights, and cold drafts. During October, Casa Loma transforms into the immersive Legends of Horror experience, but its real-life ghost stories linger year-round.


Mackenzie House 

Once home to Toronto’s first mayor, William Lyon Mackenzie, this Georgian-style townhouse is considered one of the city’s most haunted. Visitors have reported phantom footsteps, mysterious piano music, and even sightings of Mackenzie himself. 

Elgin and Winter Garden Theatre Centre 

This double-decker Edwardian theatre is not only a marvel of architecture—it’s also home to the “Lavender Lady,” a ghost said to haunt the stairwell. Staff have reported sudden temperature drops and the scent of lavender with no source in sight. 

Old City Hall 

A staple of Toronto’s civic history, Old City Hall is rumoured to be haunted by former inmates of its now-defunct jail cells. Paranormal investigators have noted strange sounds and shadowy figures in the building’s basement. 


Christie Mansion 

This Victorian-era home, once owned by the founder of Mr. Christie’s Cookies, is said to have a secret room where a woman was allegedly kept hidden. Though now part of the University of Toronto, the mansion still draws curiosity for its eerie past. 

The Allure of Haunted Heritage

Ghost stories don’t just haunt, they enchant. In a city layered with history, Toronto’s haunted homes offer more than bricks and mortar; they offer atmosphere. These properties whisper of past lives, long-lost secrets, and the kind of emotional gravity that can’t be replicated in a new build.

Whether it’s the flicker of candlelight against stained glass or the echo of footsteps forgotten hallway, these homes invite buyers to imagine, not just inhabit. They’re not just places to live, but places to wonder.

And while heritage designations and upkeep may come with their own challenges, for those drawn to mystery, the reward is a home that feels alive with story.


Final Thoughts 

Toronto’s haunted homes aren’t just spooky—they’re spectacular. They offer buyers a chance to own a piece of the city’s soul. This October, embrace the mystery, lean into the history, and we hope you find a home that speaks to you… even if it whispers.

But if ghost stories aren’t your thing and you’d rather skip the spectral roommates, don’t overlook the city’s heritage – designated properties. Take some time to explore these places we have listed in this article as it will be worth the look especially this Fall season. 

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Aug 26, 2025

Why September Is Prime Time for Family Moves 

As children return to classrooms and parents resume routines, September marks more than just the start of a new school year—it’s also a strategic moment in the Canadian real estate calendar. For families, the back-to-school season often doubles as a key window for relocation, driven by one powerful factor: school catchment areas. 


The Catchment Area Effect 

School catchment areas are geographic zones that determine which school a child is eligible to attend. This has become one of the most influential forces in family home buying across Canada. Parents are increasingly prioritizing access to high-performing schools, often willing to pay a premium or compromise on other home features to secure a spot in a desirable district. 

Key impacts of catchment areas on buying decisions are: 

- Property Value Premiums: Homes within top-rated school zones often command higher prices and sell more quickly. 

- Limited Inventory: Demand spikes in these areas, especially in late summer and early autumn, creating competitive markets. 

- Long-Term Planning: Families may purchase years in advance to ensure future access to preferred schools. 


Timing Moves Around the Academic Calendar 

The academic calendar doesn’t just shape children’s routines—it shapes real estate strategy. 

Families often aim to move in late summer or early autumn to: 

- Minimize Disruption: Starting the school year in a new home helps children settle into routines and build social connections. 

- Align with Enrolment Deadlines: Many school boards have strict registration cutoffs tied to residency. 

- Capitalize on Market Cycles: While spring is traditionally hot for real estate, autumn offers a second surge—especially for family-focused buyers. 


Emotional & Practical Drivers 

Beyond logistics, the emotional weight of school choice plays a major role. Parents view education as a cornerstone of opportunity, and buying a home becomes an investment in their child’s future. This mindset fuels urgency and decisiveness in September, as families race to align their housing with academic goals. 


What This Means for Sellers & Agents 

For Canadian real estate professionals, understanding the back-to-school buying mindset is key: 

- Highlight School Proximity: Listings near reputable schools should emphasize catchment details. 

- Market in Late Summer: Target family buyers with tailored messaging in August and September. 

- Educate Buyers: Help families navigate school district boundaries and enrollment policies. 


Final Thoughts 

September isn’t just about pencils and planners—it’s about property. As families prioritize education, school catchment areas become powerful motivators for relocation. The result? A seasonal surge in family-focused home buying that reshapes neighbourhoods and drives demand. 


Whether you're a parent planning a move or a seller looking to attract the right buyer, understanding the academic calendar’s influence on Canadian real estate can make all the difference.

We at Toste & Co are always ready to help and discuss your next family move with keeping academic goals in mind! 

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Jun 03, 2025

Ontario’s urban landscape is evolving, and with it, the way residents interact with their living spaces. From downtown condos in Toronto to suburban homes in Barrie, outdoor spaces—balconies, gardens, and rooftops—are becoming vital extensions of daily life. Whether it’s for mental well-being, social gatherings, or simply a breath of fresh air, the demand for functional outdoor areas has skyrocketed. 

The Urban Green Revolution: Why Outdoor Space is a Must-Have

 In Ontario’s densely populated cities, access to private outdoor space is no longer a luxury—it’s an essential part of modern living. With more people working remotely and spending extended hours at home, having a designated outdoor retreat can significantly improve quality of life. Studies show that green spaces contribute to lower stress levels, enhanced productivity, and better overall mental health. 

Balconies: The Compact Oasis for City Dwellers 

For condo owners and renters, balconies serve as an accessible outdoor escape. They’re perfect for morning coffee rituals, sunset unwinding, or even small-scale gardening. As developers recognize this growing need, new condo projects increasingly prioritize larger balconies or shared rooftop terraces to provide residents with essential outdoor access. 


Gardens: Nature’s Remedy for Stress and Sustainability 

Gardening has surged in popularity across Ontario, driven by a collective awareness of sustainability and food security. Whether it’s a backyard vegetable plot or a vertical garden on a balcony, the benefits of growing your own food go beyond fresh produce—it’s a therapeutic activity that fosters connection with nature. Community gardens are also seeing a resurgence, offering shared green spaces where residents can cultivate crops and strengthen neighbourhood bonds. 


Rooftops: The Future of Shared Outdoor Living 

In urban centres like Toronto and Ottawa, rooftops are being transformed into multipurpose outdoor spaces. Rooftop gardens, lounges, and even fitness areas provide much-needed greenery and leisure zones for residents. Businesses are also taking advantage of this trend, with restaurants and cafés incorporating rooftop patios to create open-air experiences. 


The Real Estate Perspective: Why Outdoor Space Adds Value 

Homebuyers and renters in Ontario are actively seeking properties with usable outdoor areas. A balcony, garden, or rooftop terrace can significantly boost property value and desirability. As housing trends shift, developers are adapting by designing projects that integrate outdoor living into modern urban spaces. 

How to Maximise Your Outdoor Space 

Regardless of whether you have a sprawling backyard or a modest balcony, there are plenty of ways to optimize your space: 

- Compact Furniture: Invest in foldable or space-saving outdoor furniture. 

- Vertical Gardening: Use wall-mounted planters to add greenery without sacrificing square footage. 

- Lighting & Décor: String lights, cushions, and weather-resistant rugs can create an inviting atmosphere. 

- Multi-Functional Design: A small balcony can serve as a reading nook, dining area, or mini herb garden. 


Final Thoughts 

The importance of outdoor spaces has never been clearer. As Ontario’s cities continue to grow, balconies, gardens, and rooftops are redefining modern living, offering a much-needed balance between indoor comfort and outdoor freedom. Whether you’re redesigning your space or searching for a new home, prioritizing outdoor access is a decision that pays off in well-being, property value, and overall quality of life.

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Jun 03, 2025

Toronto’s real estate market is dynamic, diverse, and ever-changing. While $1 million used to guarantee a luxury home, today, it buys very different properties depending on the neighbourhood. Whether you're looking for a downtown condo, a suburban detached home, or a townhouse in an up-and-coming area, what you get for this price varies drastically. 

The Core vs. the Suburbs: A Tale of Two Housing Markets 

Location is everything, especially in Toronto. A million-dollar budget stretches further in certain areas, while in others, it barely covers the cost of a modest condo. 

Let’s break it down.

Downtown Toronto

Condos Rule the Market in neighbourhoods like King West, Yorkville, or Entertainment District, $1 million typically gets you: 

- A two-bedroom condo in a high-rise with top-tier amenities. 

- About 800 to 1,200 square feet of living space. 

- Modern designs, updated kitchens, and skyline views—but likely no backyard. 

- Parking may or may not be included, depending on the building. 

While downtown living offers proximity to nightlife, shopping, and office buildings, your money won’t get you much land or space. 


The Suburban Shift: Detached Homes Still Exist 

For buyers willing to venture out to places like Scarborough, Etobicoke, or North York, $1 million could secure: 

- A detached house with three to four bedrooms. 

- Up to 2,000 square feet of space. 

- A private backyard, driveway, and maybe even a garage. 

Some homes may need renovations, but the payoff is more land. Families tend to favour suburban options due to larger living spaces and access to schools, parks, and quieter streets. 


The East and West Divide: Where You Can Still Find Deals 

Neighbourhoods like The Junction and Leslieville offer a mix of condos, townhouses, and semi-detached homes for around $1 million. 

Expect: 

- A modern townhouse or semi-detached home with two to three bedrooms. 

- Stylish interiors, exposed brick, and urban-chic aesthetics. 

- A small yard or patio—perfect for entertaining. These areas attract buyers who want city access but still crave character and a neighbourhood feel. 


The Future of $1 Million Homes in Toronto 

As housing prices fluctuate, the definition of a million-dollar home continues to evolve. For some, it means a sleek condo in the heart of the city, while others prioritize space over location. Understanding your priorities—whether it’s walkability, square footage, or investment value—can help you make the best decision in Toronto’s competitive market.

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