Condos for Sale in Toronto
Over $1.5M
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Toronto this band: $1.57M · 53 active · avg 39 days on market.
53 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Toronto Over $1.5M
53 active · median $1.57M
Median List Price
$1.57M
Active Listings
53
Avg Days on Market
39 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$1.55M
Jan
$1.54M
Feb
$1.62M
Mar
$1.53M
Apr
$1.56M
May
$1.59M
What is the average condo price in Toronto in 2026?
The benchmark price for a condo 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 53 active listings, moving in an average of 39 days on market. Prices are down 9.1% year-over-year.
Is Toronto a buyer's or seller's market right now?
Toronto is currently a buyer's market for condos in this band. Listings are sitting 39 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Toronto
273+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Six months in Canada and they got us approved with 10% down. Could not believe how fast it moved.”
What $1.57M gets you in Toronto.
Condos in Toronto priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $1575K — down 9.1% year-over-year. Active inventory is moving in roughly 39 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.49M
$1.65M
$1.61M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Toronto.
Keep exploring Toronto.
Other property types
Toronto Condo FAQ
What is the median price for condos in Toronto over $1.5m?
As of 2026-05-01, the median list price for condos in Toronto priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many condos are currently for sale in Toronto in this price range?
There are roughly 53 active condos for sale in Toronto priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Toronto?
Condos in Toronto priced over $1.5m are averaging 39 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Toronto condo prices going up or down?
Year-over-year median condo prices in Toronto (this band) are down 9.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo 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 qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 53 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Toronto advisor within 1 business hour.
Condos in Toronto Over $1.5M
Median $1.57M · 53 active · 3.95% 5-yr fixed
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.