Detached Homes for Sale in Toronto
Over $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: $1.57M · 45 active · avg 43 days on market.
Median List Price
$1.57M
Active Listings
45
Avg Days on Market
43 days
YoY Change
-6.8%
6-Month Median Price Trend
Dec
$1.61M
Jan
$1.61M
Feb
$1.61M
Mar
$1.61M
Apr
$1.61M
May
$1.61M
What is the average detached price in Toronto in 2026?
The benchmark price for a detached in Toronto in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 45 active listings, moving in an average of 43 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 43 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.”
What $1.57M gets you in Toronto.
Detacheds in Toronto priced over $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 $1575K — down 6.8% year-over-year. Active inventory is moving in roughly 43 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$1.47M
$1.47M
$1.47M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these detached homes are clustered in Toronto.
Keep exploring Toronto.
Other price ranges
Other property types
Toronto Detached FAQ
What is the median price for detached homes in Toronto over $1.5m?
As of 2026-05-01, the median list price for detached homes in Toronto priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many detached homes are currently for sale in Toronto in this price range?
There are roughly 45 active detached homes for sale in Toronto priced over $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 over $1.5m are averaging 43 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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. 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.
See every active detached in Toronto over $1.5m.
45 active listings · median $1.57M. A licensed Toronto advisor sends the live list within 1 business hour.
Detached Homes in Toronto Over $1.5M
Median $1.57M · 45 active
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.