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November 1, 2026

Toronto Condo Report, November 2026: Prices, Rents and Fees

Toronto, Ontario
Photo by Dillan Payne, "Toronto Skyline from Snake Island, September 11 2026 (01).jpg", licensed CC BY-SA 4.0 via Wikimedia Commons

If you are weighing a Toronto condo, the two numbers that matter most are what units are selling for and what they rent for. 5,909 units were listed on November 1, 2026 at a median asking price of $589,900. Over the last 90 days 2,979 sold, at a median of $560,000. Leased units went for a median of $2,500 a month.

$590KMedian asking price
$560KMedian sale, last 90 days
$2,500/moMedian rent, last 90 days
$720/moMedian condo fee

Buy or rent: Toronto condos by size

The table compares the median asking price, the median sale over the last 90 days and the median monthly rent for each unit size. Gross yield is a year of rent divided by the sale price (or the asking price where there were too few sales), before fees, tax and vacancy. 3 or more bedrooms show the highest gross yield in Toronto at 6.4%, which means the price equals about 15.5 years of rent. Take the median condo fee off the median rent and the yield across all sizes drops to about 3.8% before property tax.

Toronto condo prices and rents, November 2026
Unit sizeAsking (median)Sold, 90 daysRent / monthGross yield
Studios and 1 bedrooms$499K$475K$2,3005.8%
2 bedrooms$680K$649K$3,0005.5%
3 or more bedrooms$750K$690K$3,6996.4%

What condo fees run in Toronto

Half of the 5,825 listings that state a fee pay less than $715 a month, and half pay more. Per square foot that is about $0.91 a month, which is the fairer way to compare a large unit with a small one. Over a year the median fee adds up to $8,580, or 1.5% of the median asking price. It was $716 in October 2026. What the fee covers matters as much as its size: it pays for building insurance, the common areas, amenities and the reserve fund, and in many buildings heat and water as well.

Are Toronto condos selling at asking?

Condos that sold in Toronto over the last 90 days went for a median of 96.7% of their final asking price, and 12% sold for more than asking. The typical sold unit was on the market for 28 days. Sales are down 10% from the same 90 days last year (3,314), and the median sale is down 6.7% from $600,000.

Buildings with the most units listed

When one building has several units for sale at once, buyers have more choice and sellers more competition. These are the Toronto addresses with the most listings right now.

AddressUnits listedTypical ask
36 Zorra Street18$539K
30 Shore Breeze Drive18$554K
251 Jarvis Street17$425K
4955 Yonge Street17$649K
10 York Street16$573K
3220 Sheppard Avenue15$595K
286 Main Street14$561K
108 Peter Street13$649K

On the market by unit type in Toronto: condo apartments: 4,874 at $568K; condo townhouses: 667 at $699K; penthouses: 184 at $792K; lofts: 116 at $750K.

Compare with nearby condo markets

Condo questions about Toronto

How much does it cost to rent a condo in Toronto?

Condos leased in Toronto over the last 90 days rented for a median of $2,500 a month across 13,219 leases.

What is a typical condo fee in Toronto?

The median monthly fee on condos listed for sale on November 1, 2026 was $715. Fees depend on the size of the unit and on what the building includes, such as heat, water or parking.

Are condos in Toronto selling over asking?

In the last 90 days, 12% of Toronto condo sales closed above asking. The median sale came in at 96.7% of the asking price.

How many condos are for sale in Toronto?

5,909 on November 1, 2026, with a median asking price of $589,900.

Sources: asking prices and fees are from the condos for sale on Condo Connect on November 1, 2026. Sale and rent figures are totals of MLS® sales and leases in Toronto over the 90 days before that date; individual sold prices are available to signed-in members. Yields are gross and for comparison only.

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