Winter 2025
Market Report
Playter Estates
Neighbourhood Update: Playter Estates
Average Sale Price
$1,375,000
For All Property Types
2025 Performance For All Property Types In Playter Estates
16
Days on Market
102
Properties Sold
108%
List-to-Sale Ratio
2025 Market Activity: City of Toronto
32
Average Days on Market
23,393
Properties Sold
99%
Average List-to-Sale Ratio
Active Listings vs. Unit Sales
January 2024 to present
This chart reports the number of active listings on the market each month relative to the sales in the same monthly period. From this, we can translate the data into Months of Inventory or MOI (Active Listings/Sales) as we move through the year, giving insight into current buyer engagement (see next chart).
Months of Inventory
January 2024 to present
Months of inventory helps us anticipate the current market’s buyer engagement. It is the comparison between the active listings on the market in a particular month, compared to the number of properties that transact in that same period. A balanced market is typically when months of inventory lies between 4-6 months, whereas we typically consider it a buyer’s market when months of inventory reaches six or more months. For all property types, we are currently sitting at 4.90 months of inventory, down from the spring market which sat at 5.06 months.
Registered Showings
January 2024 to present
This chart depicts the registered showing activity on MLS listings in the City of Toronto from January 2024 to the present, as tracked on the BrokerBay booking platform. While our sales are lower than 2024, it is interesting to see Buyer engagement was higher in 2025 than nearly every month in the previous year. Buyer interest in Toronto Real Estate remains high, but confidence in the overall market and economy is keeping many on the sidelines.
Information provided by the Toronto Regional Real Estate Board and Brokerbay from January 2024 to November 2025 for the City of Toronto. Information is deemed reliable but not guaranteed. Does not reflect all market activity.
Chris Kapches is the President and CEO of Chestnut Park Real Estate.
Unlike last year, as we move to the end of 2025, we approach it with caution and mild anticipation. Last year all economic indicators, political sentiment, population growth, supply and lower borrowing costs, pointed to a healthy recovery in the residential resale market for the greater Toronto area. Then came an uncertain global trade environment, a Canadian election with new Liberal party leadership, sharp declines in immigration, and a rapid growth in inventory all contributing to one of the slowest residential resale markets in three decades.
By year end 2025 the Toronto and Region resale market will deliver approximately 63,000 property sales. To put this number into historical perspective, in 1996, near the end of a long recessionary period, 65,760 homes traded hands. The average sale price for all properties sold, including condominium apartments, will come in at $1,060,000, an annual decline of a little more than 5 percent compared to 2024. Sales and average sale prices have declined in response to lower demand, lack of affordability and near record breaking levels of available inventory.
The big question is – have we now reached an inflection point? The answer is a weak yes. 2026’s residential resale market is going to be influenced, and advanced, by inherent housing structural problems, political policy initiatives, and global macro-economic factors. The Toronto and Region resale market is no longer “local”.
We begin 2026 with a Bank of Canada overnight lending rate that is more than 30 percent lower than at the beginning of 2025. Borrowing costs are, unfortunately, only marginally lower. The latest labour figures indicate an improved labour market, albeit driven by a high ratio of part-time employment. Government policies have been initiated to assist with, amongst other things, home ownership, with GST (federal) and PST (provincial) taxes no longer payable by first time buyers of new construction properties, subject to various limits. The macro economic environment is showing improvement as Canada and the Provinces adjust and adapt to the global trade uncertainty initiated by the American administration. New supply of available properties is contracting, improving sales-to-listing ratios.
All of these factors point to a different, and improved, resale landscape for 2026. In the Toronto and Region any dramatic uptick in sales growth will unfortunately be constrained by affordability. Borrowing costs remain high, as do average sale prices, notwithstanding recent declines. Consequently, we will not see the explosive growth in sales that is already occurring in less lofty marketplaces, like Saskatchewan and Quebec. But it has begun, or it will begin as we proceed through 2026.
The Toronto and Region marketplace has been in decline since the first quarter of 2022. Almost five years later it appears that the market has suffered through its downward adjustment. It will begin to advance in 2026, modestly, not with excitement, but cautiously, with a slight retraction in average sale prices. Not joyful, but the market will move forward positively, with constrained optimism!
Joana Lang is the Managing Partner and Mortgage Agent at Outline Financial.
Winter 2025 Market Insights
Looking into 2026, expectations are improving. Forecasts suggest a steadier backdrop emerging, giving buyers and sellers the chance to make decisions based on their goals—not short-term market swings. Stability may not sound exciting, but it gives both buyers and sellers the clarity they need to plan with more confidence—whether that’s moving up, downsizing, or entering the market for the first time.
As we close out 2025, one of the most meaningful shifts on the financing side has been the combination of higher inventory and lower borrowing costs. With the Bank of Canada’s overnight rate now at 2.25% and Prime at 4.45%, both fixed and variable mortgage rates for well-qualified borrowers are landing in the mid-to-high 3% range. With more homes available, buyers can focus on finding the right property and often negotiate more comfortably. And with today’s lower rates, people can qualify for a bit more and enjoy noticeably lower monthly payments than they would have a year or two ago. It’s a rare moment where prices are softer and borrowing costs are down at the same time—making overall affordability far better than it was in recent years.
2025 has also been a year of transition for renewals. A wave of existing mortgages is coming up for renewal, and many households who locked in at historically low rates are now seeing their payments adjust higher than their previous term. Even if the mortgage interest rate doubles, it doesn’t mean the monthly payment will—most increases are noticeable but manageable. A quick check-in 6–9 months before renewal is usually enough to review options, soften the impact of any changes, and make sure the mortgage still supports a family’s long-term goals.
As we move into 2026, the theme is strategy over speed. With calmer conditions and more negotiating room, the right financing approach can create meaningful long-term advantages for buyers at every stage.
With all the time we spend exploring the city, the Maggie Lind Real Estate Team has come to know the winter gems that make our city shine during the colder months. As we look back on the year, we’re excited to share some of our team’s favourite seasonal highlights and activities that put us in the holiday spirit, along with the listings that stood out to us in 2025.
Favourite Listing of 2025
Maggie L: I thought PH901 at 33 Jackes Avenue was truly spectacular. It held a level of sophistication that is just so rare to find and the views were breathtaking. I will miss visiting that space.
Erin: 189 Havlock Street. I loved the quality of the renovation and how homey it felt.
Yann: Unit 526 at 505 Richmond was my standout listing for the year, particularly in what has been a challenging condo market. Overlooking St. Andrew’s Park, it sold in the fall, when the views really showed off the setting. The layout, finishes, and overall feel just worked.
Ameila: 174 Rosedale Heights Drive, for all the amazing windows and natural light.
Maggie B: 24 Dinnick Crescent – I love the original aspects of this home. The layout, the brightness of it. You can’t help but feel like it was a happy home filled with beautiful memories…and the fireplace!!! My all time favourite for 2025.
Ally: 58 Metcalfe Street is something special. I love the Parisian-style vibe and cozy feel. It hardly feels like you’re in Toronto and is such a comforting Cabbagetown home!
Favourite Holiday Market
Maggie L: I love going to the Distillery every year. There are so many unique and locally made gifts to be found. The energy there can get anyone into the holiday spirit!
Erin: St. Lawrence Market. While not technically a holiday market, I enjoy making trips here around this time of the year.
Yann: Evergreen Brick Works. It’s close to home and easy to drop into, especially when the goal is a quick wander coffee in hand.
Ameila: Evergreen Brickworks market, as it’s tucked away and therefore less busy than other holiday markets in the city.
Maggie B: The distillery is still my go to.
Ally: The Well holiday pop-ups are very convenient for me. It is perfect for grabbing a cozy hot chocolate by the fire or stopping by to catch a glimpse of the live performances.
Favourite Holiday Food
Maggie L: Most people would say cookies but mine is citrus fruit. Specifically orange and grapefruit segments in the morning.
Erin: Anything with puff pastry.
Yann: My mom’s French salade de rendez-vous. It’s a staple at this time of year and always something I look forward to.
Ameila: All the different Christmas cookies
Maggie B: Seafood feast on Christmas Eve, spicy shrimp wins every time!
Ally: Terry’s Chocolate Orange, especially when it sits in the fridge to get a little extra crispy.
Favourite Holiday Tradition
Maggie L: Watching my kids interact with my mother’s home sewn advent calendar every day.
Erin: I love rewatching classic Christmas movies.
Yann: Watching Home Alone 1 and 2. This year I leaned fully into the nostalgia and bought my nephew the classic Talkboy recorder.
Ameila: Putting up all the decorations while watching holiday movies
Maggie B: Christmas morning, preparing breakfast and waiting for the kids to run down to see what Santa has brought.
Ally: Playing tennis with my family on Christmas Day, in the Florida heat!
Best Place for Outdoor Winter Activity in the City
Maggie L: Any ODR with my kids!
Erin: Evergreen Brickworks for skating.
Yann: Ice skating at Withrow Park.
Ameila: Snowshoeing in High Park.
Maggie B: Trinity Bellwoods park tobogganing; best hills in the West end.
Ally: Bundling up and strolling through Summerhill streets, popping in and out of stores.