Where to Buy Real Estate in 2025
Best places to buy real estate in Toronto
Here are the top 50 Toronto neighbourhoods for real estate purchases in 2025. To view all the results, slide the columns right or left using your fingers or mouse, or download the data to your device in Excel, CSV or PDF format.
Source: Toronto Regional Real Estate Board
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Top three neighbourhoods in Toronto
Black Creek, in northwestern Toronto, has the highest value score of all neighbourhoods in the city this year. At the end of 2024, the average home price in Black Creek was $705,222, up 51% from five years earlier—yet nearly $400,000 less than the Toronto average.
Black Creek Community Farm is a nine-acre urban farm that hosts events, sells discounted organic produce and includes four-season greenhouses and a forest trail. The neighbourhood is also home to the reimagined Village at Black Creek, an open-air museum celebrating local and Indigenous history.
Public transit options are readily available, providing access to downtown Toronto and surrounding areas. Pioneer Village Station, which opened in 2017, is part of the Line 1 Yonge–University subway line and includes a regional bus terminal.
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What’s happened in the Toronto real estate market?
Compared to previous years, Toronto’s real estate market progressed at a more measured pace in 2024. With no spring surge in real estate activity, buyers faced a relatively stable market.
“Sellers who needed to sell were often willing to accept lower offers, providing strategic buyers the opportunity to secure properties at more favourable prices,” says eXp real estate agent Dan Chiasson. (Zoocasa, the author of this study, is wholly owned by eXp World Holdings.)
Condominiums were a good option for buyers priced out of detached homes. An oversupply of condo listings fostered a balanced market, giving buyers better negotiating power. Successful sales relied heavily on presentation—well-staged units attracted prompt offers, while poorly presented properties struggled.
Many single renters and first-time buyers purchased studio, one-bedroom and one-bedroom-plus-den condos priced between $400,000 and $600,000. With rents averaging about $2,000 per month in 2024 (for a two-bedroom apartment), buying a studio became a practical entry point into the market. “These options weren’t really available when the market was more competitive,” Chiasson says.
Less common, two-bedroom condos were also highly sought-after, he adds. “Buyers acted quickly when finding one within budget, particularly those focused on long-term investment or extra living space.”
