The City of Toronto covers six former municipalities, each with its own feel. Downtown is condos, lofts and Victorian row houses. The inner suburbs of North York, Scarborough and Etobicoke add bungalows, family homes and newer towers along the subway lines.
Toronto is Canada's largest city, with about 2.8 million people across six former municipalities. Buyers can choose downtown condos, older central streets or quieter suburban areas, all linked by the TTC and GO Transit.
Includes: One city, formed in 1998 by merging six former municipalities
Why buyers choose Toronto
Subway, streetcar and GO service across the city
The widest choice of condos in the GTA
Lake Ontario waterfront, ravines and big parks
Market this month
City of Toronto real estate market
City of Toronto · September 2026
Source: TRREB Market Watch, released October 6, 2026
Line 5 Eglinton (opened Feb 2026) and Line 6 Finch West (opened Dec 2025)
GO Transit trains and buses into Union Station
UP Express: Union to Pearson in about 28 min
School boards
Toronto District School Board
Toronto Catholic District School Board
Conseil scolaire Viamonde
Conseil scolaire catholique MonAvenir
Hospitals
Toronto General Hospital (UHN)
The Hospital for Sick Children (SickKids)
St. Michael's Hospital
Sunnybrook Health Sciences Centre
North York General Hospital
Major employers
Big Five banks: RBC, TD, Scotiabank, BMO and CIBC
Insurance: Manulife and Sun Life
Media and telecom: Rogers and Bell Media
Technology, life sciences and film and TV production
Hospitals, universities and government
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FAQ
City of Toronto real estate questions
What is the average home price in City of Toronto?
In September 2026, the average sale price in City of Toronto was $1,034,320 across 1,937 sales (TRREB Market Watch).
Is City of Toronto a buyer's or seller's market?
With 4.6 months of inventory in September, City of Toronto leaned toward a balanced market. Conditions vary by city and home type.
Which cities are in City of Toronto?
Downtown Toronto, North York, Scarborough, Etobicoke, East York, York.
How do people commute from City of Toronto?
TTC subway Lines 1, 2 and 4. Line 5 Eglinton (opened Feb 2026) and Line 6 Finch West (opened Dec 2025). GO Transit trains and buses into Union Station. UP Express: Union to Pearson in about 28 min.
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