Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Detached Homes for Sale in Toronto
$1M – $1.5M

Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Toronto this band: $1.16M · 47 active · avg 44 days on market.

Median List Price

$1.16M

Active Listings

47

Avg Days on Market

44 days

YoY Change

-6.8%

6-Month Median Price Trend

Dec

$1.14M

Jan

$1.14M

Feb

$1.14M

Mar

$1.14M

Apr

$1.14M

May

$1.14M

What is the average detached price in Toronto in 2026?

The benchmark price for a detached in Toronto in 2026 is approximately $1.16M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 47 active listings, moving in an average of 44 days on market. Prices are down 6.8% year-over-year.

Is Toronto a buyer's or seller's market right now?

Toronto is currently a buyer's market for detacheds in this band. Listings are sitting 44 days on average and prices are 6.8% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Toronto

266+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

They held my rate through the entire construction delay. Closed at the rate I locked 14 months earlier.
Olivia M., Pre-construction, Toronto

What $1.16M gets you in Toronto.

Detacheds in Toronto priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $1158K for the greater toronto area. Within this band the median list comes in near $1158K — down 6.8% year-over-year. Active inventory is moving in roughly 44 days.

Typical Size

1,800–3,500 sqft

Bedroom Range

3–5 bedrooms

Ownership Style

freehold

Sample comparables in this band.

The Annex, Toronto

$1.11M

4 bed3 bath2,270 sqft
Liberty Village, Toronto

$1.11M

4 bed3 bath2,270 sqft
Leslieville, Toronto

$1.11M

4 bed3 bath2,270 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these detached homes are clustered in Toronto.

Toronto Detached FAQ

What is the median price for detached homes in Toronto $1m – $1.5m?

As of 2026-05-01, the median list price for detached homes in Toronto priced $1m – $1.5m sits at approximately $1.16M based on active MLS inventory.

How many detached homes are currently for sale in Toronto in this price range?

There are roughly 47 active detached homes for sale in Toronto priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do detached homes stay on the market in Toronto?

Detached Homes in Toronto priced $1m – $1.5m are averaging 44 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Toronto detached prices going up or down?

Year-over-year median detached prices in Toronto (this band) are down 6.8%. Six-month trend data is available on this page.

What mortgage do I need to buy a detached at this price in Toronto?

On a $1.16M purchase with 20% down, you'd carry a mortgage of about $926K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active detached in Toronto $1m – $1.5m.

47 active listings · median $1.16M. A licensed Toronto advisor sends the live list within 1 business hour.

Detached Homes in Toronto $1M – $1.5M

Median $1.16M · 47 active

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Step 2 · Lock in financing

Get pre-approved for a $926K mortgage.

Based on $1.16M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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