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March 2025 Toronto Real Estate Market Report

The Toronto and Region residential resale market is currently bifurcated, with distinct trends emerging in both the City of Toronto and the 905 Region. Within the City of Toronto, there is further differentiation between condominium apartments and ground-level property sales. Overall, sales are slow across all property categories, not due to lack of demand, but due to a combination of affordability challenges and the fear and economic uncertainty triggered by the tariffs imposed by the U.S. administration.

In March, only 5,011 properties were reported sold, a 23 percent decrease compared to the 6,519 properties sold in March of last year. However, it is encouraging to note that March’s sales were 24 percent higher than the 4,019 residential sales reported in February.  

The decline in sales was more pronounced in the 905 Region than in the City of Toronto. On average, sales of detached, semi-detached, and townhouse properties in the 905 Region dropped by 25 percent compared to last March, while similar property types in the City of Toronto declined by just 12.6 percent. The 905 Region accounts for approximately 62 percent of all reported sales. The average sale price for the Toronto and Region resale market decreased by 2.5. percent in March, from $1,120,984 last year to $1,093,254 this year. This average sale price, however, does not reflect a homogeneous market.

As in the case of sales, average sale prices are similarly bifurcated. The average sale price for detached, semi- detached, and townhouse properties sold in March dropped by 5 percent compared to March 2024. However, similar housing types in the City of Toronto saw a 1.3 percent increase in average sale prices. Given that there were 3,539 combined sales of detached, semi-detached, and townhouse properties in the 905 Region, compared to only 962 in the City of Toronto, the declines in average sale prices and sales are disproportionately reflected in the overall sales and average sale prices for the Toronto and Region market.

Notwithstanding their lofty prices, detached and semi-detached properties in the City of Toronto sold quickly and, in most cases, above their asking prices. In March, the average sale price for a detached property was $1,337,498, 5 percent higher than in February and 2.6 percent higher than in March of last year. On average, all semi-detached properties sold for 107 percent of their asking price, and in only 15 days. In Toronto’s eastern districts, all semi-detached properties sold in just 13 days and, given the overall market, for an impressive 111 percent above their asking price.

The condominium apartment resale market, however, continued to decline in March, in stark contrast to the performance of detached and semi-detached properties.  Most condominium apartments are located in the City of Toronto, with the central core of Toronto accounting for 70 percent of these listings. As of the end of March, there were 4,681 active condominium apartment listings, which represents 35 percent of all active listings in the Toronto Region. Therefore, condominium apartment listings have a large and disproportionate influence on the overall market, particularly regarding price and sales.  In March, 1,404 condominium apartments were sold, nearly 30 percent of the total sales reported for the month. The average sale price for all condominium apartments was $682,019, nearly 2 percent lower than last year. Condominium apartments sold for only 98 percent of their asking price, and on average, after 32 days on the market—33 percent longer than the overall market and almost 80 percent longer than detached and semi-detached properties. The average sale price for condominium apartments in the City of Toronto was slightly higher at $716,460.

Indeed, this market is deeply bifurcated.  The Toronto and Region residential resale market has been negatively impacted by the constantly changing policies of the Trump administration, which, like other global markets, has created uncertainty. Real estate markets generally prefer stability. In early April, the Trump administration formalized its tariff policy, and it is clear that Canada—especially southern Ontario—will be affected. Job losses and a downturn in the economy are expected, which will likely prompt the Bank of Canada to lower its overnight lending rate, potentially making homeownership more affordable.  

The residential resale market could experience a situation similar to the Covid-19 environment, though driven by different, but equally powerful, factors.

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Presenting an exceptional condo that perfectly combines prime location, thoughtful layout, and top-tier amenities. Ideally situated just moments from the vibrant King W & Queen W neighbourhoods, this beautifully designed home showcases an efficient floor plan with no wasted space. Located on the quiet courtyard side, it offers a peaceful living experience.This spacious 627 square feet unit features 1 bedroom, a den, 2 full bathrooms, and a balcony. Upon entering, you're greeted by abundant natural light streaming in from the south-facing windows, creating a welcoming and warm ambiance. The living and dining rooms are combined allowing for great entertaining and laminate floors that continue throughout the suite. The modern kitchen boasts full-sized stainless steel appliances and elegant stone countertops.The primary bedroom boats feature wall, a 4-piece ensuite bathroom and double closet.The generous balcony serves as a peaceful outdoor retreat, ideal for morning coffee or evening relaxation. The private den, is complete with a built-in desk and provides the perfect spot for a home office. The second bathroom is enhanced with a sleek glass shower wall and Moen fixtures. Thoughtful storage solutions throughout ensure a clutter-free and organized living space as well as an exclusive use locker.A prime location with a Walkscore of 100 everything you need is just steps away, including St. Andrews Park, 24-hour streetcars, Food Emporium, the Downtown Core, Liberty Village, and Billy Bishop Airport.

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Welcome to 25 Briar Dale Blvd, located in Toronto's desirable Hunt Club neighbourhood. This detached family home sits on a generous 35 x 110 lot, offering a large private south-facing backyard perfect for relaxation or outdoor activities. The home boasts just under 2,200 square feet above grade and over 800 sq ft of a fully finished lower level, providing ample space for your family to grow and entertain. The main floor features a formal living and dining room with gleaming hardwood floors, a wood-burning fireplace, crown moulding, and a large bay window, creating a warm and inviting atmosphere. The family-size kitchen is designed with quartz countertops, tiled backsplash, stainless steel appliances, an under-mount sink, and a breakfast bar. There is also a bright breakfast room with ample storage and built-in banquette seating, plus a walkout to the south-facing deck and private professionally landscaped backyard.Upstairs, you'll find three bedrooms, a main 4-piece bathroom, and a fourth bedroom above the garage. The spacious primary bedroom is a retreat, featuring a gas fireplace with built-in shelving, a beautifully renovated 5-piece ensuite, and a walk-in closet with built-in organizers.The lower level includes a large family room, a 5th bedroom, a 3-piece bathroom, and a laundry room.The home features a built-in garage with two more parking spaces on the private driveway. 25 Briar Dale Blvd offers the perfect blend of comfort, style, and location ideal for families seeking a beautiful place to call home.

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Welcome to King George Square Penthouse 1605. This boutique style building is located in the heart of the historic St Lawrence market. Ideally located within walking distance to the Financial district, Theatre district, the Distillery District, Cork-town, Design District, Eaton Center and TTC, access to the expressways is minutes away. This suite is approx. 1110 sq ft and offers 2 bedrooms, 2 bathrooms and a den - ideal for entertaining with a lake view from the open concept living a dining room. The oversized open concept kitchen will appeal to the chef and boast a breakfast bar, granite counters, plenty of cupboards and stainless steel appliances. Both bedrooms have ensuite baths and a generous den for a home office. Amenities at King George consist of a 24 hr concierge, a gym, a billiard room, library, party room and a roof terrace for resident with a BBQ. Parking and locker are included. **EXTRAS** Other = Balcony. King George Square Is A Smoke Free Building, Tenant To Pay Hydro. Photographs from previous listing. Condo is vacant No Pets,

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New property listed in Toronto C01

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Presenting an exceptional condo that perfectly combines prime location, thoughtful layout, and top-tier amenities. Ideally situated just moments from the vibrant King W & Queen W neighbourhoods, this beautifully designed home showcases an efficient floor plan with no wasted space. Located on the quiet courtyard side, it offers a peaceful living experience.This spacious 627 square feet unit features 1 bedroom, a den, 2 full bathrooms, and a balcony. Upon entering, you're greeted by abundant natural light streaming in from the south-facing windows, creating a welcoming and warm ambiance. The living and dining rooms are combined allowing for great entertaining and laminate floors that continue throughout the suite. The modern kitchen boasts full-sized stainless steel appliances and elegant stone countertops.The primary bedroom boats feature wall, a 4-piece ensuite bathroom and double closet.The generous balcony serves as a peaceful outdoor retreat, ideal for morning coffee or evening relaxation. The private den, is complete with a built-in desk and provides the perfect spot for a home office. The second bathroom is enhanced with a sleek glass shower wall and Moen fixtures. Thoughtful storage solutions throughout ensure a clutter-free and organized living space as well as an exclusive use locker.A prime location with a Walkscore of 100 everything you need is just steps away, including St. Andrews Park, 24-hour streetcars, Food Emporium, the Downtown Core, Liberty Village, and Billy Bishop Airport.

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The Verve! Wonderful N/W Corner, Split 2 Bedroom, 2 Bath Unit.In Tridel Community, Leed Certified Energy Efficient. Unobstructed West Facing Balcony, Open Concept Living/Dining/Kitchen. New Plank Style Hardwood Floor Throughout. Fabulous Amenities! Rooftop Pool & Bbq Area, State Of The Art Gym, Yoga Studio, Billiards, Theatre, Party Room, Concierge And Visitor Parking.

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East Lofts, Approx 1750Sf, Modern Contemporary Showcase In The St. Lawrence Market Featuring 3 Beds, 2 Baths, 2 Pkg + 2 Lockers. 2 Bike Racks, Gourmet Kitchen Featuring Upgraded Appliances, Gas Range, Marble Counters + Backsplash. Upgraded Wide Plank Wood Flrs Throughout, 9 Foot Exposed Concrete Ceilings. Features 4 Walkouts To A 40 Foot West Facing Balcony, Gas Fireplace, Gas Line On Balcony

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Rarely Available 1Br + Large Den, 2 Washroom Unit At King George Square! New Wood Floors Thru-Out, Almost 9Ft Ceilings, Combined Living/Dining W/2 Walkouts To Wood-Tiled Balcony. Open Kitchen W/Stainless Stl Appl, Breakfast Bar, Ample Storage. Spacious Master W/Mirrored Double Closet, 4Pc Ensuite Bath. Ttc, George Brown, Cafes, Shopping @ Your Door. Steps To St Lawrence Mrkt, Grocery, Financial District, Restos. Easy Access To Highway.

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Sub- Penthouse At Mozo Lofts, 948 Sq Ft. Open Concept Living & Dining Boasting Bamboo Floors, Gas Fireplace & Walkout To West Facing Terrace W/Stunning City View & Gas Line For Bbq. A Modern Renovated Kitchen Offers Stainless Steel Appliances, Hand Crafted Walnut Countertop, Open Walnut Shelves And A Breakfast Bar. The Oversized Master Bedroom (Originally 2 Brs) Offers A Large 4 Pc Ensuite Bath & A Walk-In Closet W/Built-Ins, A Den And A 2Pc. Parking & Locker

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