Toronto vs Ottawa: Home Prices and Housing Market Compared
In September 2026, the average home in the Greater Toronto Area sold for $1,006,409, 47% more than the $685,640 average in Ottawa. Over the past year, the average price fell 5.1% in the Greater Toronto Area and 1% in Ottawa. A condo averaged $605,257 in the Greater Toronto Area and $431,645 in Ottawa. Both are buyer's markets (sales at 37.8% and 34.5% of new listings). On a home at the average price, a buyer pays $16,603 in the Greater Toronto Area ($33,206 in the City of Toronto) and $10,188 in Ottawa.
In this comparison, Toronto is the Greater Toronto Area, as its local board reports it.
Side by side
| Greater Toronto AreaSeptember 2026 | OttawaSeptember 2026 | |
|---|---|---|
| Price | $1,006,409 average | $685,640 average |
| Yearly change in price | -5.1% | -1% |
| Homes sold | 5,040 (-9% yearly) | 1,010 (-6.6% yearly) |
| Detached / single-family | $1,292,016 | $823,449 |
| Condo / apartment | $605,257 | $431,645 |
| Days on market | 34 days | 27 days median |
| Market conditions | Buyer's market (37.8% sales to new listings, 12-month) | Buyer's market (34.5% sales to new listings) |
| Months of inventory | 4.6 12-month | 4.8 |
| Land transfer tax at that price | $16,603 ($33,206 in the City of Toronto) | $10,188 |
Latest month of each report. Prices are averages of all homes sold unless marked; conditions come from the sales-to-new-listings ratio (a buyer's market below 40%, a seller's above 60%), or for Greater Vancouver's region from sales to active listings (below 12% and above 20%). Land transfer tax is worked out on the price in the first row with the land transfer tax calculator, before any first-time buyer rebate.
Toronto vs Ottawa Housing Market: Quick Answers
Is Toronto more expensive than Ottawa?
Yes. In September 2026, the average home in the Greater Toronto Area sold for $1,006,409, 47% more than the $685,640 average in Ottawa.
Are home prices going up in Toronto or Ottawa?
Over the past year, the average price fell 5.1% in the Greater Toronto Area and 1% in Ottawa.
Is it easier to buy in Toronto or Ottawa?
Neither has the edge. Both are buyer's markets (sales at 37.8% and 34.5% of new listings).
Full reports and tools
- Greater Toronto Area housing market report
- Ottawa housing market report
- City vs City affordability comparison: what the same income buys in each city
- Land transfer tax calculator, with first-time buyer rebates
More comparisons
The statistics on this page belong to the Toronto Regional Real Estate Board (TRREB) and the Ottawa Real Estate Board (OREB). You may quote them with credit and a link: see using our data.
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