Townhouses for Sale in Toronto
Under $500K
Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Toronto this band: $475K · 17 active · avg 30 days on market.
Median List Price
$475K
Active Listings
17
Avg Days on Market
30 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$473K
Jan
$473K
Feb
$474K
Mar
$474K
Apr
$473K
May
$473K
What is the average townhouse price in Toronto in 2026?
The benchmark price for a townhouse in Toronto in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 17 active listings, moving in an average of 30 days on market. Prices are down 8.4% year-over-year.
Is Toronto a buyer's or seller's market right now?
Toronto is currently a balanced market for townhouses in this band. Inventory is turning over in 30 days with prices down 8.4% year-over-year. Neither side has decisive leverage right now.
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 $475K gets you in Toronto.
Townhouses in Toronto priced under $500k are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $475K — down 8.4% year-over-year. Active inventory is moving in roughly 30 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$480K
$479K
$479K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Toronto.
Keep exploring Toronto.
Other price ranges
Other property types
Toronto Townhouse FAQ
What is the median price for townhouses in Toronto under $500k?
As of 2026-05-01, the median list price for townhouses in Toronto priced under $500k sits at approximately $475K based on active MLS inventory.
How many townhouses are currently for sale in Toronto in this price range?
There are roughly 17 active townhouses for sale in Toronto priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Toronto?
Townhouses in Toronto priced under $500k are averaging 30 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Toronto townhouse prices going up or down?
Year-over-year median townhouse prices in Toronto (this band) are down 8.4%. Six-month trend data is available on this page.
What mortgage do I need to buy a townhouse at this price in Toronto?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. 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 townhouse in Toronto under $500k.
17 active listings · median $475K. A licensed Toronto advisor sends the live list within 1 business hour.
Townhouses in Toronto Under $500K
Median $475K · 17 active
Get pre-approved for a $380K mortgage.
Based on $475K 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.