April was a turning point.
After months of uncertainty — between the federal election, tariff debates, and a generally cautious start to the year — we’re finally seeing Toronto’s real estate market shift gears.
With more stability on the horizon and warmer weather finally here, buyer confidence is quietly returning. The question many are asking now: Is this the moment to make a move?
The Under-$2.5M Market is Leading the Way
If you’re planning to buy or sell a home in Toronto in 2025, here’s what you need to know:
Properties priced under $2.5 million are moving.
This segment remains the most active, with well-priced homes drawing serious attention — and in some cases, multiple offers. Buyers in this range are responding to increased purchasing power, lower competition than in past years, and a desire to act before prices rebound further.
This is especially true for families relocating to Toronto or upsizing locally. Well-located homes near top-ranked schools are still commanding interest.
Rare Opportunities Are Quietly Emerging
In the midst of a slower-than-usual spring, something unexpected is happening:
We’re seeing a small but notable wave of exceptional legacy homes come to market — the kind of properties that are rarely available in a stronger sellers’ market.
These listings offer a unique chance for buyers to move into prestigious Toronto neighbourhoods that may have felt out of reach in previous years.
If you’re thinking long-term — whether upgrading, investing, or relocating — now is a strategic time to explore your options.
A Delayed Spring That Could Extend into Summer
Due to the late start this year, Toronto’s 2025 spring real estate market may stretch well into July. Sellers now have an extended window to prepare their listings — just in time for blooming gardens, sunshine, and longer viewing hours.
For buyers, this means more inventory, more time to decide, and often more room to negotiate. It’s a shift from the intense, fast-paced markets we saw in years past.
High-End Market Sees Early Signs of Movement
Luxury buyers are also returning.
Several $10M+ homes sold in Toronto over the past weekend alone — a signal that confidence is growing, even at the highest price points.
This trend often cascades into other market segments, inspiring movement across detached, semi-detached, and condo categories.
Neighbourhood Insights: Central & West Toronto
Central Toronto Real Estate Market – April 2025
- Detached Homes: Sales declined by 6.96% year-over-year.
- Average Price: $2,384,273
- Semi-Detached Homes: Sales rose by 14.49%, although average prices adjusted slightly.
- Condos: Saw a 9.72% decrease in average price and a dip in sales volume.
Key Insight: More listings and selective buyers create opportunity for prepared sellers and strategic buyers.
West Toronto Real Estate Market – April 2025
- Detached Homes: Sales declined 3.83%, with an average price of $1,553,856.
- Semi-Detached: Stable sales with a small price increase (0.28%).
- Condos: A steeper decline in both sales and price (down 2.84%).
Key Insight: With higher inventory and lower competition, there is more room to negotiate in desirable neighbourhoods like Bloor West Village, Roncesvalles, and High Park.
Final Thought: Don’t Wait for Perfect — Wait for Possible
Toronto’s real estate market may not feel explosive right now — but for serious buyers and sellers, that’s actually a good thing.
We’re in a moment of recalibration, not retreat. The right opportunities are still here — especially for those with clear goals, realistic expectations, and a trusted strategy.
If you’ve been waiting for a window that feels more stable and thoughtful, this could be it. Let’s talk about how to make the most of it.
647.294.3039 | Olena@AgentOlena.com
