Real Estate Agents in Toronto, Ontario - Fivewalls

Top Real Estate Agents in Toronto, Ontario

About Fivewalls

Fivewalls is a trusted company with the top real estate agents from leading brokerages. We have vetted these agents and collected their reviews in one place for you.

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SothebyRemaxCentury21RoyallepageColdwellbanker
Home Buying Pros

These real estate agents in Toronto, Ontario have the most reviews among buyers.

Home Selling Pros

These real estate agents in Toronto, Ontario have the most reviews among sellers.

Other top-performing real estate agents in Toronto, Ontario
Sold data is from the Toronto Real Estate Board MLS starting January 1, 2018. Information is deemed reliable but not guaranteed. Does not reflect all market activity.

 

 

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Mortgages Explained

A mortgage is a type of loan that is used to buy a home.  The repayment of the mortgage to the lender (bank) is typically made monthly or bi-weekly.  The payments are a blend of the interest due on the mortgage and the repayment of the principal on the loan. Learn more about mortgage

Down Payment

The down payment is the amount of money you will pay upfront to obtain a mortgage, this can range from 5% to 20% of the home's purchase price. Learn more about down payment

Interest Rate

An interest rate is charged with your mortgage since you are borrowing money from the lender. The smaller the amount you borrow, the lower your interest payments will be regardless of the rate of interest being charged.

Mortgage Term and Amortization Period

The mortgage term is the length of time you are locked into the mortgage contract (interest rate, payment frequency, etc).  Typically this ranges from 1 to 5 years.  The amortization period is the total length of time over which you plan to pay off your mortgage.  Typically this is 20 to 30 years.

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How to pick a real estate agent in Toronto?

  • Start by picking an agent who specializes in your neighborhood.
  • See if they are experienced with your property type.
  • Research your agent’s experience by looking at their past buying/selling deals on an independent real estate agent website.
  • Check their customer reviews on their Fivewalls profiles.
  • Message your favorite agents and start a conversation.
  • Meet them and ask questions to ensure they can do the job for you.
Agents who have recently bought and sold homes

These real estate agents have helped Fivewalls clients buy and sell properties in the past 30 days.

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Why you want a Top Toronto real estate agent

Estate agent
In Toronto, the top 9% of real estate agents buy and sell 10 or more homes a year compared to an average agent that sells less than 2 homes per year. Fivewalls compares real estate agents in Toronto using their reviews, transaction data and services provided to identify the top performing agents.

Ratings & Reviews of Fivewalls Agents in Toronto

4.8
8,200 + reviews
Fivewalls Agents in Toronto
4.8 Avg. rating
8 Avg. years of experience
35 Avg. number of reviews

Ratings & Reviews of Fivewalls Agents in Toronto

4.8
8,200 + reviews
Ratings & Reviews of Fivewalls Agents in Toronto
Fivewalls Agents in Toronto
4.8 Avg. rating
8 Avg. years of experience
35 Avg. number of reviews
For Buyers

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Average Home Prices in Toronto

What is the average price of a home in Toronto?
We’ve taken some data from the recent years to give you an idea of what is happening to real estate values in Toronto.
Average home price in Toronto (all property types)
2020 Year to Date20192018
$920,168$819,319$787,856
Home Price Growth in Toronto
2020 Year to DateSince 2019Since 2018
12.3%4%
Average sale price per month
Average sale price per month

Average Home Prices in Toronto

What is the average price of a home in Toronto?
We’ve taken some data from the recent years to give you an idea of what is happening to real estate values in Toronto.
Average home price in Toronto (all property types)
Home Price Growth in Toronto
Average sale price per month

Toronto Home Prices by Property Type

Avg. detached home prices in Toronto
Avg. detached home prices in Toronto
Avg. condo prices in Toronto
Avg. condo prices in Toronto
Avg. townhome prices in Toronto
Avg. townhome prices in Toronto

Toronto Home Prices by Property Type

Avg. detached home prices in Toronto
Avg. detached home prices in Toronto
Avg. condo prices in Toronto
Avg. condo prices in Toronto
Avg. townhome prices in Toronto
Avg. townhome prices in Toronto

Recent Update on Toronto’s Real Estate Market

As taken from the market watch September report, oronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 11,083 – a new record for the month of September. This result was up by 42.3 per cent compared to September 2019. Following a record third quarter, sales through the first nine months of 2020 were up by approximately one per cent compared to the same period in 2019.

Recent Update on Toronto’s Real Estate Market

As taken from the market watch September report, oronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 11,083 – a new record for the month of September. This result was up by 42.3 per cent compared to September 2019. Following a record third quarter, sales through the first nine months of 2020 were up by approximately one per cent compared to the same period in 2019.

How fast are homes selling in Toronto?

In Toronto, it takes about 16 days to sell a home on average. The time it takes to sell a home also varies by month.
How fast are homes selling in Toronto?

How fast are homes selling in Toronto?

In Toronto, it takes about 16 days to sell a home on average. The time it takes to sell a home also varies by month.

Average time it takes to sell a home in Toronto (2021)

25 days

Winter
(Jan to Mar)

20 days

Spring
(Apr to Jun)

23 days

Summer
(Jul to Sept)

26 days

Fall
(Oct to Dec)

Average time it takes to sell a home in Toronto (2021)

25 days

Winter
(Jan to Mar)

20 days

Spring
(Apr to Jun)

23 days

Summer
(Jul to Sept)

26 days

Fall
(Oct to Dec)

Is It A Buyer’s or Seller’s Market in Toronto?

As of October 2020, it is a seller's market but moving towards a balanced market for Toronto real estate. Using the ratio of home sales over active listings, we can analyze where the real estate market is going. It is considered to be a seller’s market when the ratio of home sales to active listings is 60% or higher and a buyer’s market when the ratio is 40% or below. A balanced market occurs when the ratio of home sales to active listings is in between 40% and 60%.
Is It A Buyer’s or Seller’s Market in Toronto?

Is It A Buyer’s or Seller’s Market in Toronto?

As of October 2020, it is a seller's market but moving towards a balanced market for Toronto real estate. Using the ratio of home sales over active listings, we can analyze where the real estate market is going. It is considered to be a seller’s market when the ratio of home sales to active listings is 60% or higher and a buyer’s market when the ratio is 40% or below. A balanced market occurs when the ratio of home sales to active listings is in between 40% and 60%.

What does Toronto’s real estate market mean for first-time homebuyers?

Buying a home in Toronto remains difficult for first-time homebuyers. An average first-time buyer household earns $78,000 per year which means that they can qualify for a mortgage amount of approximately $320,000. Here’s a chart on what a first-time homebuyer would need to save for a down payment for different property types (based on average home prices):
Property TypeMinimum Down Payment Required10% Down Payment20% Down Payment
(required for uninsured mortgages)
Detached Homes$93,470$118,470$236,940
Condos$38,470$63,470$126,940
Townhomes$49,840$74,840$149,680

What does Toronto’s real estate market mean for first-time homebuyers?

Buying a home in Toronto remains difficult for first-time homebuyers. An average first-time buyer household earns $78,000 per year which means that they can qualify for a mortgage amount of approximately $320,000. Here’s a chart on what a first-time homebuyer would need to save for a down payment for different property types (based on average home prices):
$93,470$118,470$236,940
$38,470$63,470$126,940
$49,840$74,840$149,680

How Does Toronto Compare To The Rest Of the Greater Toronto Area

6th

Most expensive

4th

Fastest Selling
(based on Days on Market)
CityAverage Home PriceDays on Market
Oakville$1,222,137 23
Richmond Hill$1,204,069 20
Vaughan$1,140,446 20
Aurora$1,122,551 23
Markham$1,092,665 15
City of Toronto$1,017,320 16
Burlington$907,061 17
Mississauga$905,599 17
Halton Hills$893,960 16
Newmarket$863,366 21
Brampton$861,763 14
Milton$842,744 13
Durham Region$709,640 17
Simcoe County$705,073 27

How Does Toronto Compare To The Rest Of the Greater Toronto Area

6th

Most expensive

4th

Fastest Selling
(based on Days on Market)

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What people say about Fivewalls

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