Most Expensive and Most Affordable GTA Municipalities January 2021

Wednesday Feb 10th, 2021

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Most Expensive and Most Affordable GTA Municipalities January 2021

 

In this post I will show you the most expensive and most affordable GTA municipalities  in January 2021.  If you're interested in Toronto area Home Prices, you're in the right place!

 

Keep scrolling to see the rankings, or watch this video:

 

I'll be using Average Sold Price to determine the rankings.

 

Since each GTA municipality is unique in what it offers, I've broken down the rankings into DetachedSemi Detached, Townhouses, Condo Apartments and Condo Townhouses.  This way you can see which GTA Municipality is most expensive/affordable for your type of home (or the one you're looking for!).  I do also provide overall rankings as well at the end this post.

 

Detached Homes:

Most Expensive:

Rank Municipality Average Price
1) King $2,290,996
2) Toronto Central $2,164,438
3) Oakville $1,891,326
4) Richmond Hill $1,738,334
5) Aurora $1,718,745
6) Vaughan $1,677,489
7) Markham $1,552,583
8) Mississauga $1,484,987
9) Caledon $1,458,630
10) Toronto West $1,423,355

 

Most Affordable:

Rank Municipality Average Price
1) Brock $721,438
2) Orangeville $804,671
3) Georgina $812,870
4) Oshawa $832,217
5) Essa $842,205
6) Innisfil $857,111
7) Scugog $894,575
8) Clarington $938,086
9) Adjala-Tosorontio $1,016,010
10) Bradford West Gwillimbury $1,017,840

 

Even the most affordable detached homes in the Greater Toronto Area are approaching a million dollars!

 

Semi Detached Homes:

Most Expensive:

Rank Municipality Average Price
1) Toronto Central $1,448,996
2) Toronto East $1,188,713
3) Oakville $1,184,700
4) Richmond Hill $1,091,700
5) Vaughan $1,073,074
6) Markham $1,049,980
7) Toronto West $1,005,441
8) East Gwillimbury $985,000
9) Aurora $970,000
10) Milton $948,731

 

Most Affordable:

Rank Municipality Average Price
1) New Tecumseth $525,000
2) Orangeville $615,500
3) Oshawa $641,994
4) Essa $647,500
5) Clarington $681,667
6) Georgina $709,650
7) Newmarket $756,843
8) Halton Hills $771,667
9) Pickering $815,100
10) Whitby $830,798

 

 

Townhouses:

Most Expensive:

Rank Municipality Average Price
1) Toronto Central $1,526,931
2) King $1,250,000
3) Richmond Hill $1,064,194
4) Markham $1,026,668
5) Vaughan $1,025,563
6) Oakville $1,011,535
7) Toronto West $962,389
8) Mississauga $952,470
9) Toronto East $951,396
10) Aurora $937,000

Most Affordable:

Rank Municipality Average Price
1) Georgina $635,800
2) Essa $650,000
3) Orangeville $670,875
4) Oshawa $672,528
5) Uxbridge $700,000
6) New Tecumseth $708,750
7) Clarington $716,186
8) Bradford West Gwillimbury $750,000
9) Whitby $787,828
10) Ajax $796,023

 

Condo Apartments:

Most Expensive:

Rank Municipality Average Price
1) Toronto Central $661,132
2) Vaughan $616,459
3) Oakville $594,084
4) Whitchurch-Stouffville $591,250
5) Markham $589,847
6) Caledon $587,400
7) Aurora $584,571
8) Toronto West $579,909
9) Innisfil $561,192
10) Milton $549,421

Most Affordable:

Rank Municipality Average Price
1) New Tecumseth $324,900
2) Oshawa $373,506
3) Ajax $438,633
4) Halton Hills $470,000
5) Brampton $478,770
6) Newmarket $500,000
7) Whitby $502,138
8) Toronto East $505,338
9) Burlington $523,361
10) Clarington $524,429

 

Condo Townhouses:

Most Expensive:

Rank Municipality Average Price
1) Richmond Hill $838,696
2) Toronto Central $820,513
3) Clarington $796,667
4) Vaughan $793,177
5) Oakville $753,834
6) Markham $733,616
7) Mississauga $716,924
8) Burlington $699,615
9) Aurora $698,181
10) Whitby $697,200

 

Most Affordable:

Rank Municipality Average Price
1) Orangeville $499,000
2) Oshawa $525,167
3) Halton Hills $535,000
4) Brampton $612,866
5) Toronto East $630,118
6) Pickering $663,294
7) Ajax $669,000
8) Newmarket $673,667
9) Toronto West $677,871
10) Milton $678,278

 

Overall Neighbourhood Rankings:

Most Expensive:

Rank Municipality Average Price
1) King $2,067,608
2) Oakville $1,397,462
3) Caledon $1,314,986
4) Uxbridge $1,282,733
5) Aurora $1,271,103
6) Richmond Hill $1,233,079
7) Whitchurch-Stouffville $1,226,509
8) Vaughan $1,188,330
9) East Gwillimbury $1,111,381
10) Markham $1,079,831

 

Most Affordable:

Rank Municipality Average Price
1) Brock $721,438
2) Oshawa $731,880
3) Orangeville $751,291
4) Georgina $795,811
5) Essa $809,604
6) Innisfil $821,598
7) New Tecumseth $839,122
8) Toronto West $852,389
9) Clarington $861,556
10) Toronto East $863,284

 

I've only provided the top 10 for each type of home - if you want to know where your municipality was ranked, feel free to reach out!

 

Have a Question or Comment? Want to know the value of your home?  Feel free to reach out!

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