Prices are down ~24% from the February 2022 peak, though monthly stabilization is starting to show.
Starts have hit nearly 2-decade lows due to high costs and weak pre-construction demand. Key Costs & Financials 📍 Taxes to Budget For: Vacant Home Tax – City of Toronto buy property in toronto
~$1.02M in the City of Toronto; ~$1.01M across the Greater Toronto Area (GTA). Prices are down ~24% from the February 2022