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Hey Toronto, how much have home values appreciated in your neighbourhood?

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Using our AI-powered home value calculator, Instant Estimate, we’ve compared the selling prices of homes bought in the six month period prior to COVID-19 (September 2019 - February 2020) to their current Instant Estimate value (May 2021). Similar to trends seen throughout the greater GTA, City of Toronto homeowners are moving out of the downtown core in search of bigger homes and more greenspace, causing neighbourhoods on the edges of the city to see the greatest appreciation in prices.  

How does your neighbourhood stack up? Here’s the breakdown of price appreciation by area and neighbourhood:

Area Within Toronto Neighbourhood Median Sold Price
Sept 2019 - Feb 2020
Median Instant Estimate
May 2021
Avg Price Increase (%)
Downtown
Waterfront Communities C1 $682,250 $715,828 5%
Bay Street Corridor $695,000 $735,701 7%
Niagara $665,000 $698,116 8%
Church-Yonge Corridor $672,500 $719,284 8%
Moss Park $708,888 $762,307 9%
Waterfront Communities C8 $660,500 $719,204 9%
Regent Park $635,000 $720,273 13%
Kensington-Chinatown $680,000 $783,512 14%
North St. James Town $722,500 $842,246 15%
Cabbagetown-South St. James Town $845,000 $980,153 17%
Downtown Total $680,000 $721,709 8%
East End
The Beaches $1,330,000 $1,381,596 9%
North Riverdale $1,460,000 $1,528,041 10%
South Riverdale $1,033,000 $1,222,039 10%
Danforth $1,311,000 $1,332,443 12%
Woodbine Corridor $1,031,000 $1,205,312 16%
East End-Danforth $970,000 $1,155,504 17%
Greenwood-Coxwell $981,500 $1,215,487 22%
East End Total $1,093,000 $1,277,413 13%
East York
Leaside $1,526,000 $1,551,606 5%
Broadview North $980,000 $1,219,696 15%
Woodbine-Lumsden $985,000 $1,138,064 17%
Danforth Village-East York $998,000 $1,183,188 18%
East York $1,017,000 $1,204,899 18%
O'Connor-Parkview $925,000 $1,147,156 19%
Crescent Town $389,500 $515,720 37%
East York Total $970,000 $1,138,064 18%
Etobicoke
Princess-Rosethorn $1,300,000 $1,489,690 13%
Islington-City Centre West $565,000 $622,515 13%
Mimico $620,000 $698,333 14%
Stonegate-Queensway $1,266,500 $1,442,905 15%
Markland Wood $638,000 $669,872 15%
Long Branch $810,000 $964,713 19%
Etobicoke West Mall $520,000 $618,666 20%
Willowridge-Martingrove-Richview $880,000 $1,131,041 23%
Eringate-Centennial-West Deane $805,000 $1,059,341 24%
Alderwood $945,500 $1,195,367 24%
New Toronto $835,000 $1,030,389 25%
Rexdale-Kipling $760,000 $941,767 25%
West Humber-Clairville $525,000 $632,725 28%
Thistletown-Beaumonde Heights $774,000 $988,739 28%
Mount Olive-Silverstone-Jamestown $430,750 $562,916 34%
Etobicoke Total $685,000 $773,743 19%
Midtown
Casa Loma $900,000 $921,945 6%
Annex $890,000 $931,293 7%
Wychwood $1,360,000 $1,501,580 14%
Midtown Total $1,085,000 $1,114,965 7%
North York
Bedford Park-Nortown $1,950,000 $2,135,506 3%
St. Andrew-Windfields $1,750,000 $2,051,421 9%
Lansing-Westgate $849,000 $869,365 11%
Bayview Village $585,000 $629,465 11%
Willowdale West $766,500 $838,211 12%
Yorkdale-Glen Park $574,000 $629,447 12%
Willowdale East $649,950 $726,035 12%
Henry Farm $530,000 $597,139 12%
Banbury-Don Mills $672,500 $768,618 15%
Clanton Park $613,500 $682,640 15%
Englemount-Lawrence $800,000 $904,203 16%
Don Valley Village $695,000 $742,960 16%
Bathurst Manor $960,000 $1,259,385 16%
Maple Leaf $998,000 $1,183,202 18%
Westminster-Branson $556,500 $618,491 18%
Newtonbrook East $653,500 $788,365 19%
Newtonbrook West $776,500 $871,334 19%
Hillcrest Village $781,150 $1,017,464 19%
Pleasant View $896,500 $1,049,438 20%
Victoria Village $578,000 $624,640 22%
Parkwoods-Donalda $675,000 $949,998 22%
Flemingdon Park $444,000 $546,409 24%
Downsview-Roding-CFB $712,500 $892,992 24%
York University Heights $523,500 $614,638 25%
Brookhaven-Amesbury $810,000 $1,004,401 27%
Humberlea-Pelmo Park W5 $520,000 $653,030 27%
Humber Summit $732,500 $940,232 32%
Glenfield-Jane Heights $735,000 $924,383 34%
North York Total $665,000 $758,879 17%
Scarborough
Tam O'Shanter-Sullivan $630,000 $756,845 22%
Woburn $722,000 $929,516 22%
Birchcliffe-Cliffside $807,521 $1,014,281 22%
Eglinton East $522,400 $627,243 22%
Steeles $621,250 $749,480 23%
Agincourt South-Malvern West $510,000 $626,415 23%
Clairlea-Birchmount $768,444 $971,394 24%
Cliffcrest $830,000 $1,053,854 24%
Dorset Park $619,500 $783,038 25%
Wexford-Maryvale $825,000 $1,014,858 25%
Highland Creek $925,000 $1,208,840 25%
Agincourt North $670,000 $857,980 27%
L'Amoreaux $623,400 $748,411 27%
Oakridge $745,000 $931,954 28%
Malvern $606,944 $770,303 28%
Centennial Scarborough $825,000 $1,089,334 29%
Kennedy Park $588,500 $840,065 29%
Milliken $727,000 $939,933 30%
Rouge E11 $772,450 $1,004,552 30%
Rouge E10 $792,500 $1,053,231 30%
Morningside $625,000 $761,791 30%
West Hill $665,100 $869,797 30%
Scarborough Village $460,000 $636,430 31%
Scarborough Total $710,000 $915,008 25%
Uptown
Yonge-Eglinton $1,385,000 $1,454,365 4%
Lawrence Park North $1,675,000 $1,674,635 4%
Mount Pleasant West $685,000 $719,632 5%
Mount Pleasant East $1,384,500 $1,424,504 5%
Lawrence Park South $1,838,000 $1,934,109 6%
Forest Hill North $1,927,500 $2,178,665 11%
Uptown Total $1,132,000 $1,229,273 5%
West End
High Park North $1,350,000 $1,449,212 10%
Roncesvalles $1,175,000 $1,419,458 10%
Trinity-Bellwoods $1,212,500 $1,364,015 11%
High Park-Swansea $664,000 $756,406 13%
Dovercourt-Wallace Emerson-Junction $940,000 $1,179,196 13%
Little Portugal $680,000 $737,334 14%
Runnymede-Bloor West Village $1,228,000 $1,391,579 14%
Junction Area $935,250 $1,153,395 15%
Palmerston-Little Italy $1,450,000 $1,599,244 16%
Dufferin Grove $1,150,000 $1,361,618 22%
Corso Italia-Davenport $985,000 $1,228,139 26%
Weston-Pellam Park $824,000 $1,018,121 27%
West End Total $953,500 $1,170,700 15%
York
Humewood-Cedarvale $1,410,000 $1,518,908 8%
Briar Hill-Belgravia $747,509 $816,856 15%
Caledonia-Fairbank $887,500 $1,085,983 19%
Oakwood-Vaughan $967,500 $1,172,996 19%
Mount Dennis $530,000 $611,817 21%
Lambton Baby Point $1,200,000 $1,490,598 22%
Rockcliffe-Smythe $720,500 $933,923 26%
Weston $652,500 $835,687 27%
Keelesdale-Eglinton West $777,500 $967,386 28%
York Total $790,000 $992,324 21%

“There’s been increased and justified conversation around the skyrocketing homes prices in Toronto,” said Anshul Ruparell, Co-founder and CEO of Properly. “But what’s happening is actually the reverse of what we usually assume: that people want to be close to downtown. Old Toronto is seeing the overall lowest appreciation with the City of Toronto. Even within the city core, the more centrally located neighbourhoods that we’ve come to expect high growth from, like the Annex or Trinity Bellwoods, are not disproportionately driving the appreciation.”

Use Properly’s Instant Estimate to get a real-time valuation of your home and see how it compares to the greater City of Toronto trends: https://www.properly.ca/instant-estimate/

About The Data

Properly compared sold prices of homes bought in each TRREB municipality in the 6 months prior to the pandemic (September 2019 - February 2020) to their current Instant Estimate selling price on May 1, 2021. For each individual home, Properly calculated the difference in sold price to the home’s estimated market value in April using its AI-driven Instant Estimate, then provided an average by municipality. Homes over $3.5M and with higher than a 0.35 error rate were removed. Municipalities with under 25 sold properties during the September 2019 - February 2020 period were also removed. Properly Instant Estimate accuracy: R-squared: ~92%, MAPE ~7%.

Properly is a Canadian tech-enabled real estate brokerage transforming the home buying and selling experience as the only service in Canada that helps homeowners to buy before they sell.

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