Townhouses are the middle rung of the Old Toronto housing ladder. Here is where that rung sat in November 2026. Freehold townhouses were listed at a median of $1.3M and condo townhouses at $1,000K. 200 townhouses changed hands in the last 90 days.
Freehold vs condo townhouse in Old Toronto
Freehold
$1.3Mmedian asking
115 listed
Sold, 90 days: $1.26M
No condo fee
Condo townhouse
$1,000Kmedian asking
116 listed
Sold, 90 days: $865K
Fee about $764/mo
A freehold townhouse in Old Toronto is listed for about $299K more than a condo townhouse at the median. At the median condo fee, that gap equals roughly 33 years of fees, a useful way to judge whether the cheaper price really is cheaper over the time you plan to stay. On a mortgage with 20% down, the gap adds about $1,323 a month (illustrative 4.49% rate, 25 years).
What your budget buys in Old Toronto
Each price band below shows how many townhouses are listed and the typical number of bedrooms you get for that money.
| Budget | Townhouses listed | Typical size |
|---|---|---|
| Under $600K | 19 | 2 bed |
| $600K to $800K | 45 | 2 bed |
| $800K to $1M | 51 | 3 bed |
| $1M to $1.25M | 34 | 3 bed |
| $1.25M and up | 114 | 3 bed |
Townhouse sales in Old Toronto: last 90 days vs a year ago
| Last 90 days | Same period last year | |
|---|---|---|
| Townhouses sold | 200 | 215 |
| Median sale price | $1.04M | $1.06M |
| Sale-to-list | 97.9% | 98.1% |
| Sold over asking | 29% | 28% |
| Days on market | 15 | 15 |
The median townhouse sale in Old Toronto is down 1.2% from a year ago, on down 7.0% from the number of sales.
Neighbourhood price ladder
From the lowest typical asking price to the highest, for Old Toronto neighbourhoods with at least three townhouses listed. Niagara is the most affordable entry point this month.
| Neighbourhood | Typical ask | Listed |
|---|---|---|
| Niagara | $928K | 29 |
| Kensington-Chinatown | $1.05M | 16 |
| Dovercourt-Wallace Emerson-Junction | $1.1M | 14 |
| Moss Park | $1.1M | 14 |
| South Riverdale | $1.13M | 25 |
| Waterfront Communities | $1.17M | 16 |
| Cabbagetown-South St. James Town | $1.49M | 14 |
| Annex | $2.79M | 15 |
Townhouse checklist
- Compare the full monthly cost, not just the price: mortgage, property tax and any condo or POTL fee together.
- On a condo townhouse, read the status certificate before you firm up. It shows the reserve fund, upcoming work and any special assessments.
- End units, garages and finished basements carry a premium. Decide which ones matter to you before you start viewing, so you compare like with like.
- If your complex has a recent status certificate, have it ready. Condo townhouse buyers almost always make their offer conditional on it.
Townhouse market watch: other cities
Townhouse buyers ask
Is a freehold townhouse more expensive than a condo townhouse in Old Toronto?
In November 2026 freehold townhouses were listed at a median of $1,299,000 and condo townhouses at $999,950. Condo townhouses also carry a monthly fee.
What did townhouses sell for in Old Toronto recently?
The median townhouse sale over the last 90 days was $1,042,500 across 200 sales.
Which Old Toronto neighbourhood has the cheapest townhouses?
Niagara, with a typical asking price of $928,000.
Asking prices come from the townhouses for sale on Townhouse Connect on November 5, 2026. Sales figures are totals of MLS® townhouse sales in Old Toronto for the 90 days to that date and the same 90 days a year earlier. Payment figures are illustrative, not a mortgage offer.
The newest townhouses on the market
Fresh listings, updated every 15 minutes.
$499,90040 - 10 Foxglove Crescent, Kitchener2 bed · 2 bathCourtesy of ROYAL LEPAGE WOLLE REALTY
$379,000D-7 - 1663 Nash Road, Clarington3 bed · 3 bath · CourticeCourtesy of RIGHT AT HOME REALTY
$599,9996 - 680 Atwater Avenue, Mississauga2 bed · 1 bath · MineolaCourtesy of HOMELIFE LANDMARK REALTY INC.
$419,0006 - 246 Penetanguishene Road, Barrie4 bed · 4 bath · Georgian DriveCourtesy of ENGEL & VOLKERS BARRIE
$638,00066 Arlington Crescent, Guelph3 bed · 3 bath · Pineridge/Westminster WoodsCourtesy of RIGHT AT HOME REALTY
$999,0002 - 25 Dervock Crescent, Toronto4 bed · 4 bath · Bayview VillageCourtesy of HOMELIFE NEW WORLD REALTY INC.