Market figures

The numbers we use, and where they come from

Every rent, rate and index below is pulled straight from a public statistics service and stored with the day it was published. Nothing here is estimated by a model.

Last pulled 10/31/2026, 8:10:07 AM.

FigureValueArea and periodSource
Filed construction cost per new homeFiled construction cost per new dwelling unit for detached house zones. Land, fees and financing are not in this figure.73,230 CAD per new dwelling unittoronto-building-permits-detached · 2026-10-01From 433 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per sq ftMedian of 425 City of Toronto filings for detached house zones since 2023-11-01.311 CAD per sq ft of residential floor areatoronto-building-permits-detached · 2026-10-01From 425 filingsCity of Toronto Open Data Portal
approved
Posted 5-year mortgage rate6.09 percent per yearcanada · 2026-09-02Bank of Canada Valet interest rate series
approved
Filed construction cost per sq ftCost the builder filed with the City, divided by the residential floor area on the same permit. Not a sale price.313 CAD per sq ft of residential floor areaCity of Toronto · 2026-07-14From 825 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per new homeFiled construction cost per new dwelling unit created. Land, fees and financing are not in this figure.100,000 CAD per new dwelling unitCity of Toronto · 2026-07-14From 784 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per sq ftMedian of 94 City of Toronto filings for semi-detached zones since 2023-11-01.447 CAD per sq ft of residential floor areatoronto-building-permits-semi · 2026-07-13From 94 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per new homeFiled construction cost per new dwelling unit for semi-detached zones. Land, fees and financing are not in this figure.80,000 CAD per new dwelling unittoronto-building-permits-semi · 2026-07-13From 83 filingsCity of Toronto Open Data Portal
approved
New housing price indexIndex only — never a per-square-foot sale price.144.2 index, 2016-12 = 100Toronto CMA · 2026-07-01Statistics Canada new housing price index, table 18-10-0205
approved
Filed construction cost per new homeFiled construction cost per new dwelling unit for apartment and mixed-use zones. Land, fees and financing are not in this figure.268,908 CAD per new dwelling unittoronto-building-permits-apartment · 2026-03-19From 30 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per sq ftMedian of 30 City of Toronto filings for apartment and mixed-use zones since 2023-11-01.278 CAD per sq ft of residential floor areatoronto-building-permits-apartment · 2026-03-19From 30 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per sq ftMedian of 12 City of Toronto filings for townhouse and multiplex zones since 2023-11-01.386 CAD per sq ft of residential floor areatoronto-building-permits-townhouse · 2025-12-23From 12 filingsCity of Toronto Open Data Portal
approved
Filed construction cost per new homeFiled construction cost per new dwelling unit for townhouse and multiplex zones. Land, fees and financing are not in this figure.100,000 CAD per new dwelling unittoronto-building-permits-townhouse · 2025-12-23From 14 filingsCity of Toronto Open Data Portal
approved
Average rentThree bedroom2,294 CAD per unit per monthToronto CMA (includes Mississauga) · 2025-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentOne bedroom1,761 CAD per unit per monthToronto CMA (includes Mississauga) · 2025-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentBachelor1,491 CAD per unit per monthToronto CMA (includes Mississauga) · 2025-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentTwo bedroom2,045 CAD per unit per monthToronto CMA (includes Mississauga) · 2025-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentTwo bedroom1,972 CAD per unit per monthToronto CMA (includes Mississauga) · 2024-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentOne bedroom1,715 CAD per unit per monthToronto CMA (includes Mississauga) · 2024-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentBachelor1,448 CAD per unit per monthToronto CMA (includes Mississauga) · 2024-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentThree bedroom2,185 CAD per unit per monthToronto CMA (includes Mississauga) · 2024-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentOne bedroom1,691 CAD per unit per monthToronto CMA (includes Mississauga) · 2023-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentTwo bedroom1,958 CAD per unit per monthToronto CMA (includes Mississauga) · 2023-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentThree bedroom2,168 CAD per unit per monthToronto CMA (includes Mississauga) · 2023-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentBachelor1,414 CAD per unit per monthToronto CMA (includes Mississauga) · 2023-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentThree bedroom2,015 CAD per unit per monthToronto CMA (includes Mississauga) · 2022-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentTwo bedroom1,779 CAD per unit per monthToronto CMA (includes Mississauga) · 2022-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentBachelor1,305 CAD per unit per monthToronto CMA (includes Mississauga) · 2022-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentOne bedroom1,526 CAD per unit per monthToronto CMA (includes Mississauga) · 2022-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
assessed_value_per_sqft38.46 CAD per sq ft of living areaCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median1,320,000 CADCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median1,140,000 CADCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median419,000 CADCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft37.44 CAD per sq ft of living areaCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft26.48 CAD per sq ft of living areaCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft33.45 CAD per sq ft of living areaCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median785,000 CADCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median740,000 CADCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median535,000 CADCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median488,000 CADCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median671,000 CADCity of Toronto · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft29.26 CAD per sq ft of living areaCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft29.73 CAD per sq ft of living areaCity of Mississauga · 2022-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
Average rentTwo bedroom1,680 CAD per unit per monthToronto CMA (includes Mississauga) · 2021-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentOne bedroom1,439 CAD per unit per monthToronto CMA (includes Mississauga) · 2021-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentThree bedroom1,918 CAD per unit per monthToronto CMA (includes Mississauga) · 2021-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
Average rentBachelor1,217 CAD per unit per monthToronto CMA (includes Mississauga) · 2021-10-01CMHC average rents via Statistics Canada table 34-10-0133
approved
assessed_value_median485,000 CADCity of Toronto · 2021-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft38.28 CAD per sq ft of living areaCity of Toronto · 2021-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_median770,000 CADCity of Toronto · 2021-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved
assessed_value_per_sqft29.45 CAD per sq ft of living areaCity of Mississauga · 2021-01-01Statistics Canada Canadian Housing Statistics Program, table 46-10-0053
approved

CMHC survey against the City's own permit filings

Two independent public sources, asked the same questions. CMHC surveys what finished homes earn; the City of Toronto publishes what builders filed it would cost to build them.

What one new home is worth, and what it costs to build

CMHC survey
$2,045 a month for a two-bedroom, so $24,540 a year (survey 2025-10-01)
City of Toronto open data
$73,230 filed per new dwelling unit, from 433 permits (2023-11-01 to 2026-10-01)

Rent covers the filed construction cost in about 3.0 years before land, fees, financing and vacancy — a screening ratio, not a return.

Cost per square foot of new residential space

CMHC survey
CMHC does not publish a construction cost, so it has nothing to say here.
City of Toronto open data
$311 per sq ft median, $177–$509 between the quarter points, from 425 filings

This is the builder's own filed estimate at permit time. Real tendered cost usually lands above it, so treat it as a lower bound.

Are prices rising?

CMHC survey
The rent survey is published once a year, so it moves slowly.
City of Toronto open data
New housing price index at 144.2 (2026-07-01), published by Statistics Canada, not by the City.

An index shows direction only. Neither source gives a dollar-per-square-foot sale price, and we will not infer one.

What is deliberately missing

  • No figure here is a board-sourced comparable sale. PropAgent holds no MLS licence, so sold prices, sold dates and days-on-market from HouseSigma, Zillow or Realtor.ca are not used at all.
  • Rent is the CMHC Rental Market Survey average for the census metropolitan area, not for this street.
  • The City figure is the construction cost a builder filed on a permit. It excludes land, fees, financing and profit, so it is a floor on what a project costs, never the whole cost.

Contains information licensed under the Open Government Licence – Toronto.

Source: Bank of Canada.

Source: Statistics Canada, table 18-10-0205.

Source: Statistics Canada, table 34-10-0133 (Canada Mortgage and Housing Corporation, Rental Market Survey).