dutton+co

🏡 Toronto Housing Market Update | April 2026

Spring 2026 is showing improvement, but mainly in freehold homes. Months of Inventory (this stat is used to understand total supply) has tightened each of the last three months, sales are picking up, and prices are edging higher. But context matters, and we’re still below historical trends for price and overall sales. Active listings and MOI are still elevated, historically.

Three interesting takeaways:

1. Semis are leading the charge and attracting a fair amount of buyers, while detached homes at higher price points are sitting for longer. It’s all about affordability and getting into a freehold home.

2. The market is very fragmented. It’s no longer the case that every home in prime neighbourhoods is selling. Certain homes in certain prime neighbourhoods are doing well, while others are missing on offer nights.

3. Oh yes, offer nights are back for well-priced, well-presented homes under $2M

The other side of the coin is the condo market, which is a whole different story. Inventory is building, sales are weak, and absorption is slow. This is a demand-constrained segment. Condos are selling, first-time buyers are taking advantage, and investors have disappeared on the buy side, while they are actively trying to unload condos on the sell side. Main takeaway is that if you are considering buying a condo, 2026 might be a great time to do just that. You need to be cognizant and have a minimum 5-year time horizon for the condo, but there are great deals to be had for those in a position to act.

The February Toronto real estate stats are out. While the numbers show some positives, the market itself still feels like it’s sputtering. Multiple offers, including bully offers, returned in late January and early February, but that momentum is currently fading. It seems that more offer nights are landing flat, with homes re-listing closer to fair market value.

The sense right now is that sellers are deciding whether to list in this market or wait, while buyers are waiting for prices to stabilize and for the world to get a little more normal.

Let’s look at February’s numbers.

In the freehold market, sales, new listings, and active listings all rose from January, which is typical for this time of year. The average Toronto home price is up 1.2% from January ($1,455,569) but still down 11.3% from February 2025, the peak of the market last year.

The 2025 spring market started strong but stalled as tariff concerns grew, hurting consumer confidence, which remains fragile in 2026.

The condo market is showing some encouraging signs, though no solid trends just yet. Sales and average price are up month-to-month, while new listings and active listings are levelling off or declining. With demand rising and supply easing, we may be nearing the bottom of the resale condo market, though it’s still early to tell.

Who benefits in this market?
First-time buyers, condo investors, and certain move-up buyers.

Big congratulations to our clients on their new home in Birch Cliff 🏡

A quiet street and a backyard made for summer evenings by the lake. We’re so excited for this next chapter!

Character, privacy, and a ravine backdrop. So happy for our clients on securing a truly special home. Congratulations! 🍾

We’re so happy for our sellers and the strong response their home received. The care and work they put in over the years really came through.

After 7 days on the market, we received 6 offers on offer night.

And to the buyers, you’re stepping into a thoughtfully maintained home on a special street. We know it will serve you well for years to come.

Open house this weekend!

🏡 34 Ashdale Avenue
Open tomorrow & Sunday from 1–4 PM

A thoughtfully renovated brick century home in Leslieville where the important work is already done. Updated systems, new kitchen and baths, quality windows, and a layout that simply makes sense.

Comfortable rooms, a west-facing three-season porch, a welcoming front porch, and a street where people actually know their neighbours. Steps to parks, schools, transit, Queen, Gerrard, and the beach/boardwalk.

If you’ve been waiting for your next home, it’s worth seeing in person.

🏡 Open House This Weekend - Sat & Sun, 2–4 PM

46 Boulton Ave | Riverside

What if the home you’ve been waiting for is right here in Riverside?

Fully renovated with permits in 2023, this 3-storey Victorian semi blends century-old character with modern confidence. Think soaring ceilings, red brick charm, and four levels of beautifully finished space, including a top-floor primary retreat with 10’ ceilings, ensuite, walk-in closet, and a loft-style den/office that opens to a west-facing balcony (hello, sunsets and skyline views!).

With 3+1 bedrooms, 3 baths (two with heated floors), and a dug-down basement with 8’ ceilings, this home checks all the boxes — whether you’re moving right in or adding your own finishing touches.

Set on sought-after Boulton Avenue, just north of Queen, you’re close to everything that makes Riverside special: restaurants, transit, retail, schools, and community. Plus, the upcoming Ontario Line will make getting downtown even easier.

Come see for yourself this weekend! Your next chapter might just start here.

Listed at $1,899,000
MLS # E12459521

NEW Listing

Looking for a home you can move right into, add your personal touch to, or transform entirely?

This detached 3-bedroom, 2-bath side-split is in the heart of Ben Jungle, a mid-century pocket of Woburn known for its character homes, generous lots, and strong sense of community. Inside, cathedral ceilings and large windows create a bright, airy feel. A smart floor plan offers functional living space, plenty of storage, and room to grow. The bonus: a new furnace for comfort, efficiency, and peace of mind for years ahead.

This home is an ideal fit for first-time buyers, growing families, or investors looking to get into a well-established neighbourhood with long-term potential. Step outside and you're close to transit, highways, Cedarbrae Mall, Cedar Brook Park, and countless local amenities. Whether you're starting out, upsizing, or planning a renovation, this property offers the space, location, and flexibility you've been looking for. A timeless mid-century classic ready for its next chapter.

*Some photos are virtually staged*

📍80 Wantanopa Crescent
Listed at $679,000
MLS

NEW LISTING

7 Jacinta Drive is a fantastic opportunity to own a piece of Toronto's sought-after Brookhaven neighbourhood. This charming 3-bedroom, 2-bathroom bungalow is the perfect canvas for those with a vision for their dream home. Step inside and discover a bright and inviting main floor with a functional layout.

The home features three spacious bedrooms and two full bathrooms, offering comfortable living for a family. The kitchen is ready for your personal touch, while the living and dining areas provide ample space for relaxation and entertaining. The full basement is a blank slate awaiting your creative genius. Imagine a cozy family room or office, a home gym, or an extra suite. The possibilities are endless! This unfinished space, as well as the deep 160' lot, offers incredible potential to add significant value and customize the home to your exact needs.

Located in the desirable Brookhaven neighbourhood, the property is close to parks and convenient amenities, as well as easy access to major highways and public transit. The soon-to-be operational Eglinton LRT will add immediate value to the area. Don't miss out on this opportunity with endless potential in a great Toronto neighbourhood!

Listed at $1,084,000
MLS # W1243702

Send us a message for additional information or if you have any questions!

Coming Soon!

This 3-bedroom bungalow on a deep lot offers a comfortable layout and plenty of outdoor space. A great fit for a new family or anyone looking for room to grow!

Located in North York, close to parks, schools, and everyday conveniences, it’s a home with both comfort and potential.

Full details and photos to come, so stay tuned!

Open House This Weekend!

📅 Saturday + Sunday
🕑 2–4 pm

This Victorian semi has been fully reimagined with permits in 2023, blending 19th-century character with modern comfort. Think soaring ceilings, a dug-down basement, a third-floor primary retreat with 10-foot ceilings, and thoughtful details throughout.

Located just north of Queen, you’re steps from Riverside’s restaurants, shops, parks, and transit, yet tucked on a quiet, tree-lined street.