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50 numbers every Ontario homeowner should know. Sources cited inline. Data current as of Q1 2026; market data refreshed quarterly from the Toronto Regional Real Estate Board (Ontario MLS) Market Watch reports.

Compiled by Alex Goodman, RECO-licensed Sales Representative with RE/MAX Your Community Realty.

Sections

Ontario market data

#1
$1.15M
Average Ontario sold price across all property types in Q1 2026.
Source: Ontario MLS market data Q1 2026
#2
$1.65M
Average Toronto detached home sold price in Q1 2026.
Source: Ontario MLS market data Q1 2026
#3
$1.20M
Average Toronto semi-detached home sold price in Q1 2026.
Source: Ontario MLS market data Q1 2026
#4
$715K
Average Toronto condo apartment sold price in Q1 2026.
Source: Ontario MLS market data Q1 2026
#5
22 days
Median days on market in the City of Toronto, Q1 2026 — 5 days faster than 2025.
Source: Ontario MLS market data Q1 2026
#6
99.4%
Average list-to-sold ratio in Ontario, Q1 2026 — indicating a mild seller’s market.
Source: Ontario MLS market data Q1 2026
#7
9,200
Approximate active listings at end of Q1 2026 — 12% below the 5-year average.
Source: Ontario MLS market data Q1 2026
#8
+3.8%
Year-over-year change in Ontario average sold price entering Q2 2026.
Source: Ontario MLS market data Q1 2026
#9
+4.2%
Year-over-year change in Toronto detached home prices, Q1 2026.
Source: Ontario MLS market data Q1 2026
#10
April–June
Peak Ontario selling season — homes listed in this window typically outperform August–October by 2–5% in final sold price.
Source: Historical Ontario MLS data
#11
$1.42M
Average Leslieville detached home sold price in Q1 2026, with median days on market of 17 — 5 days faster than the city average.
Source: Ontario MLS, M4M postal codes Q1 2026

Mortgage market

#12
0.15–0.40%
Typical rate spread between a Big 5 Canadian bank’s posted renewal rate and the best open-market 5-year fixed rate.
Source: Industry-standard observation, 2026
#13
$15K–$40K
Typical interest savings over a 5-year term from shopping your renewal across 4–6 lenders vs. auto-renewing with your bank.
Source: Calculation on $700K mortgage at 0.30% rate difference
#14
120 days
How early most lenders will hold a rate quote — meaning shopping your renewal should start 4 months before maturity.
Source: Lender standard practice
#15
5.25%
OSFI’s qualifying rate for stress-test purposes under B-20 regulations.
Source: OSFI 2024+
#16
$1.5M
Maximum mortgage-insurable purchase price as of December 2024 (was $1M).
Source: Federal mortgage policy change Dec 2024
#17
70%
Approximate historical performance of variable-rate vs fixed-rate mortgages in Canada (variable wins ~70% of periods).
Source: Historical Canadian mortgage data
#18
3 months’ interest
Typical break penalty for variable-rate mortgages broken early.
Source: Standard lender contracts
#19
$15K–$40K
Typical IRD (Interest Rate Differential) penalty for breaking a fixed-rate mortgage with 2+ years remaining.
Source: Calculation on $700K Ontario mortgage
#20
5%
Minimum down payment in Canada for the first $500K of purchase price.
Source: Federal CMHC rules
#21
65%
Maximum LTV (Loan-to-Value) for a HELOC in Canada.
Source: OSFI guidelines

Demographics & migration

#22
>100,000
Net annual migration into Ontario in 2024–2025 (the strongest population growth driver of real estate demand).
Source: Statistics Canada / Ontario migration data
#23
32 years
Median age of first-time Ontario home buyers in 2024.
Source: CMHC market reports
#24
~24%
First-time buyers as a share of Ontario home purchases in 2024–2025.
Source: CMHC / Ontario MLS data
#25
~20%
Estimated investor share of Ontario condo purchases (2024 data).
Source: Bank of Canada / CMHC investor analysis
#26
1.6%
GTA rental apartment vacancy rate in 2025 — historically low.
Source: CMHC Rental Market Report
#27
Net positive
Inter-provincial migration to Ontario in 2024 — flipped negative in 2023 then recovered.
Source: Statistics Canada quarterly migration data

Selling costs

#28
4-5%
Typical total real estate commission in Ontario (split between listing and buyer’s brokerages). Commissions are negotiable.
Source: Industry standard
#29
$1,500–$3,500
Typical legal fees for a residential Ontario real estate transaction.
Source: Ontario lawyer rates 2025-26
#30
$2,000–$6,000
Typical staging cost for a Ontario detached home.
Source: Ontario staging industry rates
#31
$5K–$15K
Total typical pre-list prep budget that returns 3–6x in higher final sold price.
Source: Field observation
#32
0.5–2.5%
Ontario Land Transfer Tax tiered rates by purchase price band.
Source: Ontario LTT regulations
#33
Doubled
Toronto purchases face the Municipal LTT on top of the Ontario LTT — effectively doubling the land transfer tax vs. 905 municipalities.
Source: City of Toronto MLTT
#34
1.5–4%
Total typical closing costs as a percentage of Ontario purchase price (LTT + lawyer + title insurance + adjustments).
Source: Standard transaction breakdown
#35
$54,000
Approximate total LTT (Ontario + Toronto Municipal) on a $1.5M Toronto purchase.
Source: LTT calculation

Valuation accuracy

#36
±10–15%
Typical margin of error for online home value calculators (Zestimate, Realtor.ca, AVMs) in the Ontario market.
Source: Field observation vs. sold data
#37
±3–5%
Typical accuracy of a well-prepared Comparative Market Analysis (CMA) from a local Ontario agent.
Source: Industry standard accuracy
#38
±3–5%
Typical accuracy of a professional appraisal — similar to a CMA but with legal standing.
Source: Appraisal industry data
#39
$400–$600
Typical cost of a residential appraisal in Ontario.
Source: Ontario appraisal industry rates
#40
2–5 business days
Typical turnaround for a professional appraisal in Ontario.
Source: Ontario appraisal industry

Renovation ROI

#41
60–80%
Typical return on investment for a $30K kitchen renovation in Ontario — usually below cost.
Source: Appraisal Institute of Canada ROI studies
#42
60–75%
Typical ROI for a $15K bathroom renovation in Ontario.
Source: Appraisal Institute of Canada
#43
300–500%
Typical ROI on professional staging + fresh paint + decluttering for a Ontario listing — by far the highest-ROI pre-list spend.
Source: Field observation
#44
150–250%
Typical ROI on landscaping and curb appeal investments for Ontario listings.
Source: Field observation
#45
Negative
Typical ROI of major renovations completed within 12 months of listing — most don’t recoup their cost in the Ontario market.
Source: Field observation

Search behaviour

#46
>80%
Share of Ontario home sellers who use online calculators or real estate sites for initial valuation before contacting an agent.
Source: NAR / industry-wide survey data
#47
3–8 weeks
Typical research period homeowners spend before contacting a real estate agent in 2024–2026.
Source: Industry survey data
#48
AI search growth
Roughly 25-40% of informational query CTR is being absorbed by AI Overviews in 2026 — pushing classic SEO traffic down while AI citation traffic rises.
Source: Industry observation
#49
Multiple agents
Median Ontario homeowner contacts 2–3 agents before listing.
Source: Industry survey data
#50
Reviews matter
GTA agent Google reviews carry 4–5× the weight of marketing claims in winning new listings, based on listing-conversion data.
Source: Industry observation

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