Downtown Toronto多伦多市中心 · City of Toronto

Downtown Toronto is the centre of condo living in the GTA. You can walk to work in the Financial District, to classes at the University of Toronto, and to the lake. Most homes are condominium apartments, from compact studios to large suites, with Victorian semis and townhouses in the older streets.

Neighbourhoods

  • Financial District
  • King West
  • CityPlace / Fort York
  • St. Lawrence
  • Yonge & Bloor
  • Harbourfront

Homes

Mostly condo apartments. Compare monthly maintenance fees, what they cover, and whether the unit includes parking and a locker. Rental demand from students and professionals is steady, which is why many investors buy here.

Schools

University of Toronto (St. George campus), Toronto Metropolitan University and OCAD University are all downtown. Many parents buy a condo here for a student's four years of study.

Public school boundaries are set by the Toronto District School Board (TDSB) and Toronto Catholic District School Board (TCDSB). Boundaries change, so check any address with the board's school locator before you buy.

Getting around

Subway Lines 1 and 2, streetcars, and Union Station for GO Transit and the UP Express to Pearson Airport. Many residents live without a car.

A good fit for

  • University students and their parents
  • Young professionals
  • Rental investors
  • Downsizers who want to walk everywhere
Market snapshot

GTA market, September 2026

Full TRREB report ↗

Prices and sales are below last year and fewer new listings came to market. Buyers have more time to decide: homes took 34 days on average to sell.

GTA, year over yearAverage price ▼ 5.1%Home sales ▼ 9.0%New listings ▼ 14.4%Avg. days on market ▲ 3.0%
MLS® HPI benchmark—
Average price$1,102,955
Median price$721,000
Sales924
Avg. days to sell34
New listings3,384
Active listings5,338
Sold / list price98%
Months of inventory5.8

Active listings ÷ sales this month. Under 4 months usually favours sellers, 4–6 is balanced, over 6 favours buyers.

Source: TRREB Market Watch and MLS® HPI, September 2026, all home types. Updated monthly. MLS® HPI ↗

Get in touch

Let's talk about your next move

Free consultation or home valuation. Leave your details and I'll reply within one business day.

OfficeCenterpoint Realty Inc., Brokerage
8300 Woodbine Ave, Unit 416, Markham, ON L3R 9Y7

Ask Yinnan