Home Real Estate This is what $1 million gets you in the Toronto real estate...

This is what $1 million gets you in the Toronto real estate market

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The GTA’s average selling price could land you a two-bedroom downtown condo or a country home in Innisfil


The average selling price for a home in the Greater Toronto Area (GTA) real estate market is $1,090,992, according to the most recent numbers from April. What that could get you ranges from a two-bedroom downtown condo to a three-bedroom executive home in Innisfill.

According to an Ipsos survey commissioned by the Ontario real estate association (OREA), nearly one-in-five (19 per cent) of us plans to buy a home in the next year. Sixty-three per cent of prospective buyers plan to purchase a detached house and 28 per are looking for a home that is larger than 2,500 square feet, which, if your budget is closer to the steep average selling…

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