Average Price of Standard Two-Storey Homes in Greater Toronto Area (Q4 2006 Royal LePage Survey)

Submitted by Jasmina on Tue, 2006-12-19 02:04.

Standard Two-Storey

A three-bedroom, two-storey home with a detached garage. It has a full basement but no recreation room. Using outside dimensions, the total area of the house is 139 sq. metres (1,500 sq. ft.) and it is situated on a full-serviced city-sized lot of approximately 325 sq. metres (3,500 sq. ft.). The house may be detached or semi-detached and construction style may be brick, wood, siding or stucco.

Average Home Prices

City Price Oct 2006 Est. Taxes Est. Rental Price Jul 2006 Price Oct 2005 Chg. 1 Year
Beach District 511,000 - - 509,000 500,000 2.2
Bloor West Village 547,000 3,200 1,950 525,000 490,000 11.6
Brampton / Bramalea   - - 303,500 285,000 -
Burlington   - - 335,000 286,000 -
Cabbagetown 560,000 - - 571,000 545,000 2.8
Downsview 315,000 2,500 2,300 312,000 300,000 5.0
Etobicoke - Islington / Kingsway 460,000 3,500 2,000 450,000 440,000 4.5
Etobicoke - North Etobicoke 385,000 2,600 2,500 382,000 370,000 4.1
Etobicoke - South Etobicoke 335,000 2,500 1,600 330,000 330,000 1.5
Forest Hill 861,500 - - 1,237,000 1,190,000 -27.6
High Park 530,000 3,200 2,100 530,000 495,000 7.1
Leaside 700,000 5,750 3,300 690,000 670,000 4.5
Markham 425,000 4,199 2,000 430,000 385,000 10.4
Midtown Toronto 1,030,000 - - 1,332,000 1,270,000 -18.9
Mississauga - Mississauga 311,000 3,200 1,900 309,500 303,000 2.6
Mississauga - Meadowvale / Streetsville 315,000 2,400 1,500 309,000 285,000 10.5
Moore Park 826,000 - - 807,000 775,000 6.6
North Toronto 588,000 - - 600,000 576,000 2.1
Oakville 325,000 2,900 1,900 325,000 325,000 0.0
Richmond Hill 340,000 2,800 1,550 340,000 300,000 13.3
Riverdale 362,000 - - 340,000 330,000 9.7
Riverdale / Cabbagetown   - - - - -
Rosedale 875,000 7,500 4,000 875,000 870,000 0.6
Scarborough - Agincourt 325,000 2,500 1,400 325,000 283,000 14.8
Scarborough - Central 330,000 2,700 1,400 329,000 304,000 8.6
Scarborough - West Hill 320,000 2,500 1,400 315,000 278,000 15.1
The Annex 672,000 - - 690,000 675,000 -0.4
Thornhill 400,000 3,200 1,600 400,000 350,000 14.3
Unionville 460,000 4,545 2,300 480,000 400,000 15.0
Woodbridge 348,000 - - 348,000 360,200 -3.4

The Royal LePage Survey of Canadian House Prices is a quarterly report that has been published since 1974. Many organizations, including the Bank of Canada, turn to Royal LePage for trends in average house prices in markets across the country. To view issues from the past 12 months, select the appropriate PDF documents below: