Toronto Neighbourhood Guide
Buying in Midtown Toronto.
Midtown centres on Yonge and Eglinton and extends south toward Davisville. It is one of the most active real estate markets in Toronto, with a mix of high-rise condos and quiet freehold streets just steps apart. The Crosstown LRT has reshaped the area over the past several years. This page covers what to expect, what the options look like, and how to think about buying here right now.
What Midtown feels like.
The Yonge and Eglinton intersection is busy and urban, with restaurants, shops, and office towers that keep the streets active day and night. Step one or two blocks in any direction and the energy shifts completely. Residential side streets are lined with mature trees, bungalows, and quiet semi-detached homes.
Davisville Village, just south, has a distinct small-town feel with its own strip of cafes, a farmers market, and a strong sense of community. It draws families and professionals who want central living without the pace of downtown.
The neighbourhood appeals to people who value convenience. Two subway stations, walkable errands, and quick access to both downtown and the northern suburbs make it practical for almost any lifestyle.
Who buys here.
What you can buy.
Condo
$500K to $900K
High-rise towers around Yonge and Eglinton, plus low-rise buildings in Davisville. One-bedroom and one-plus-den layouts are most common.
Semi-Detached
$1.3M to $1.8M
Older homes on quiet side streets. Rarely listed, highly sought after. Often two storeys with modest lots.
Detached
$2M to $3M+
Bungalows and two-storey homes on residential streets. Extremely scarce and priced to reflect it.
Where buyers want to be.
Roehampton Avenue
High condo density keeps inventory moving, but the rare freehold pockets attract intense buyer interest.
Broadway Avenue
Walking distance to two subway stations makes this one of the most sought-after residential streets in Midtown.
Davisville Avenue
Buyers who want village-feel living over high-rise energy target this strip. Low-rise units here sell quickly.
Hillsdale Avenue
Freehold homes here are tightly held and rarely listed. When one comes up, it attracts serious buyers immediately.
Soudan Avenue
Strong family demand driven by park access and school proximity. Consistently one of the most competitive blocks south of Eglinton.
Living in Midtown.
Transit
- ●Eglinton station (Yonge-University line)
- ●Davisville station (Yonge-University line)
- ●Eglinton Crosstown LRT (opening soon along Eglinton Ave)
- ●Easy driving access to the DVP and Allen Expressway
Schools
- ●Davisville Junior Public School
- ●North Toronto Collegiate Institute
- ●Eglinton Junior Public School
- ●Hodgson Middle School
Food and drink
- ●Yonge and Eglinton restaurant row: wide range of cuisines
- ●Davisville Village cafes and brunch spots
- ●Mount Pleasant strip for quieter dining
- ●No shortage of options within walking distance
Green space
- ●June Rowlands Park
- ●Eglinton Park (large green space west of Yonge)
- ●Sherwood Park (ravine trails just east)
- ●Mount Pleasant Cemetery for walking paths
Where is Midtown Toronto.
Open in Google MapsMarket data.
Average prices, days on market, and recent sales for Midtown Toronto. Updated regularly by a third-party source.
View current market dataWhat to know before buying here.
The Crosstown LRT is a factor
Construction along Eglinton has been ongoing for years. It has impacted streetscape, noise, and some property values in the immediate area. Once completed, the LRT will significantly improve east-west transit and is expected to boost values along the corridor. Timing your purchase around this transition is worth discussing.
Condo supply is high
Several new towers have been completed or are near completion around Yonge and Eglinton. That means more inventory for buyers, which can reduce competition and improve your negotiating position. It also means rental rates may be soft if you are buying as an investor. Look at the building's occupancy and rental history before committing.
Freehold homes are scarce
Side streets in Midtown are tightly held. Homeowners do not move often, and when a bungalow or semi comes up for sale, it attracts serious interest. If freehold is your goal, get pre-approved early and be ready to act quickly.
Status certificates matter in older condos
Midtown has a wide range of condo buildings, some dating back 40 years. Reserve fund health, upcoming special assessments, and building maintenance history vary significantly. Jesse can help you understand how the status certificate affects your mortgage approval and what lenders look for.
Questions about Midtown Toronto.
Most condos in the area fall between $500K and $900K. For anything under $500K, the minimum down payment is 5%. Between $500K and $1,499,999, it is 5% on the first $500K and 10% on the rest. A $700K condo would require roughly $45,000 down at minimum.
Transit improvements generally support property values over the long term. Areas near new stations tend to see appreciation once the line is operational. During construction, some properties have been discounted due to noise and disruption. Buying before completion could offer good value if your timeline is flexible.
Pre-construction can work, but it comes with risks around closing timelines, interim occupancy fees, and potential changes to the final product. Lenders also require you to qualify at the time of closing, not at the time of purchase. If interest rates or your income change between those dates, it can affect your mortgage. Talk to Jesse before signing anything.
They can be. Lenders look at the building's reserve fund, maintenance fees, and any upcoming special assessments. Some older buildings with low reserves or known issues may not qualify with certain lenders. Jesse works with over 50 lenders and can help you find the right fit for the building you are considering.
That depends on how long you plan to stay and what your financial picture looks like. With condo inventory currently high, buyers may have more negotiating room than in recent years. If you plan to stay for five or more years, buying tends to come out ahead. A quick call with Jesse can help you compare the numbers for your specific situation.
