Detached Homes for Sale in Toronto
$1M – $1.5M

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

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: $1.16M · 47 active · avg 44 days on market.

Get the live list

47 active · median $1.16M

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Detached Homes in Toronto $1M – $1.5M

47 active · median $1.16M

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Median List Price

$1.16M

Active Listings

47

Avg Days on Market

44 days

YoY Change

-6.8%

6-Month Median Price Trend

Dec

$1.14M

Jan

$1.15M

Feb

$1.12M

Mar

$1.15M

Apr

$1.16M

May

$1.17M

What is the average detached price in Toronto in 2026?

The benchmark price for a detached in Toronto in 2026 is approximately $1.16M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 47 active listings, moving in an average of 44 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 44 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

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.
Ravi & Meena, Newcomers, Toronto

What $1.16M gets you in Toronto.

Detacheds in Toronto priced $1m – $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 $1158K — down 6.8% year-over-year. Active inventory is moving in roughly 44 days.

Typical Size

1,800–3,500 sqft

Bedroom Range

3–5 bedrooms

Ownership Style

freehold

Sample comparables in this band.

The Annex, Toronto

$1.25M

4 bed3 bath2,040 sqft
Liberty Village, Toronto

$1.24M

3 bed3 bath2,380 sqft
Leslieville, Toronto

$1.07M

5 bed3 bath2,180 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Toronto Detached FAQ

What is the median price for detached homes in Toronto $1m – $1.5m?

As of 2026-05-01, the median list price for detached homes in Toronto priced $1m – $1.5m sits at approximately $1.16M based on active MLS inventory.

How many detached homes are currently for sale in Toronto in this price range?

There are roughly 47 active detached homes for sale in Toronto priced $1m – $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 $1m – $1.5m are averaging 44 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 $1.16M purchase with 20% down, you'd carry a mortgage of about $926K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $5,661 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 47 active, median $1.16M.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Toronto advisor within 1 business hour.

Detached Homes in Toronto $1M – $1.5M

Median $1.16M · 47 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $926K mortgage.

Based on $1.16M 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.

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