By Irina Marchenkova, Sales Representative, RE/MAX Realtron Realty · Senior Real Estate Specialist (SRES®) · Last updated September 2026
Midtown Toronto, centred on Yonge Street and Eglinton Avenue, is one of the city’s busiest and most popular places to live. It combines high-rise condos, family homes on leafy side streets, strong schools and some of Toronto’s best transit, with Line 1 along Yonge and the new Line 5 Eglinton crossing at Eglinton station.
This guide covers Midtown’s neighbourhoods, homes and prices, transit, schools, lifestyle and the honest pros and cons.
Neighbourhoods Prices Market Costs Transit Schools Checklist FAQ
Midtown Toronto at a glance
- Where: Central Toronto, along Yonge Street from about St. Clair to Lawrence
- Homes: Condos, townhouses, semis and detached homes
- Transit: Line 1 (St. Clair, Davisville, Eglinton) and Line 5 Eglinton
- Best for: Young professionals, couples, families and downsizers
- Big draws: Transit, restaurants, schools and parks such as Eglinton Park and the Beltline Trail
Why people choose Midtown Toronto
Two rapid transit lines. Line 1 runs along Yonge and Line 5 Eglinton opened in February 2026, meeting at Eglinton station.
Something for every stage of life. From first condos to family homes and downsizer suites.
Schools. Well-known public schools such as North Toronto Collegiate and Northern Secondary.
Green space. The Beltline Trail, Mount Pleasant Cemetery paths, Eglinton Park and June Rowlands Park.
Midtown condo buildings vary a lot in quality and fees. I always review the status certificate and compare the building’s track record before a client commits.
— Irina Marchenkova
Midtown Toronto neighbourhoods
Popular Midtown neighbourhoods include:
Yonge and Eglinton
The busy hub around Eglinton station, with high-rise condos, shopping, restaurants and the Line 1 and Line 5 interchange.
Davisville Village
Around Davisville station and Mount Pleasant Road, with condos, semis and family homes near June Rowlands Park.
Mount Pleasant West and East
Streets east and west of Yonge with a mix of rentals, condos and houses, close to the Beltline Trail.
Chaplin Estates and Sherwood Park area
Quieter streets of detached homes on either side of Yonge, popular with families.
Homes and prices in Midtown Toronto
Midtown’s housing includes:
- High-rise condos along Yonge Street and Eglinton Avenue
- Townhouses, including new boutique projects
- Semi-detached and detached homes on side streets
- Pre-construction condos near the transit hubs
Midtown Toronto benchmark prices (August 2026)
Midtown falls mainly into TRREB districts C10 and C03:
| Area | All homes | Detached | Semi/attached | Townhouse | Condo apt. |
|---|---|---|---|---|---|
| C10 (Davisville, Mount Pleasant) | $929,600 | $1,978,100 | $1,437,100 | $877,900 | $597,900 |
| C03 (incl. Yonge-Eglinton, Forest Hill South) | $1,429,900 | $1,836,900 | $1,167,900 | — | $701,600 |
| City of Toronto | $918,400 | $1,437,900 | $1,127,200 | $717,200 | $547,400 |
Benchmark prices describe a “typical” home and can differ from any individual sale. Notably, C10 was one of the few Toronto districts with a rising composite benchmark in August 2026 (up 2.56% year over year). Condo prices vary widely by building; ask me for recent sales in any building.
Thinking of selling? Get a free home evaluation and I’ll show you what comparable homes near you have actually sold for.
Market snapshot
Here’s how many homes sold and at what prices in August 2026, for all home types combined:
| Area | Homes sold | Average price | Median price |
|---|---|---|---|
| Toronto Central | 882 | $1,051,186 | $690,000 |
| City of Toronto | 1,767 | $979,684 | $770,000 |
| All TRREB (GTA) | 5,057 | $993,410 | $850,000 |
Across the whole GTA in August 2026, homes sold for about 97% of their final list price on average and spent an average of 35 days on the market. GTA sales were down 2.1% from a year earlier and the average price was down 2.7%. For the latest numbers on a specific street, ask me for a free market report, or read my August 2026 market update.
What it costs to buy in Midtown Toronto
Land transfer tax
Midtown Toronto is in the City of Toronto, so buyers pay two land transfer taxes: Ontario’s and Toronto’s municipal land transfer tax. Here’s what that looks like at typical prices:
| Example purchase | Ontario LTT | Toronto LTT | Total | First-time buyer pays |
|---|---|---|---|---|
| Condo apartment at $600,000 | $8,475 | $8,475 | $16,950 | $8,475 |
| Detached home at $1,980,000 | $36,075 | $36,075 | $72,150 | $63,675 |
First-time buyers can get a refund of up to $4,000 on the Ontario land transfer tax and a rebate of up to $4,475 on the Toronto tax (together up to $8,475). You (and your spouse) must never have owned a home anywhere in the world. Land transfer tax is paid on closing, on top of your down payment.
Property taxes
Toronto’s residential property tax rate is 0.767311% (2026 final rate, City of Toronto), or about $767 a year for every $100,000 of assessed value. In Ontario, property tax is based on your home’s MPAC assessed value, which is still based on January 1, 2016 values and is usually well below today’s market price.
| MPAC assessed value | Approximate yearly property tax |
|---|---|
| $400,000 | $3,069 |
| $600,000 | $4,604 |
| $800,000 | $6,138 |
| $1,000,000 | $7,673 |
Getting around
- Line 1 Yonge-University: St. Clair, Davisville, Eglinton and Lawrence stations.
- Line 5 Eglinton: opened February 2026, running east-west across the city with an interchange at Eglinton station.
- Buses: TTC routes on Mount Pleasant, Bayview and Avenue Road.
- Cycling: the Beltline Trail and bike lanes on Yonge Street.
Schools and family life
Midtown is served by the Toronto District School Board and Toronto Catholic District School Board, including well-known schools such as North Toronto Collegiate Institute and Northern Secondary School, with French-language options through Viamonde and MonAvenir. Check the TDSB school locator for any address.
Sunnybrook Health Sciences Centre is a short drive north.
Child care
At licensed centres enrolled in the Canada-wide Early Learning and Child Care program, fees for children under 6 are capped at $22 a day in 2026, and families with lower incomes can apply for a fee subsidy. (The $10-a-day average has not yet been reached in Ontario.)
In Toronto, the City’s online child care system lets you search licensed centres, see their quality ratings and join waitlists, and you can apply for a fee subsidy through Toronto Children’s Services.
My tip: get on waitlists as early as possible, ideally several months before you move or before parental leave ends.
- Ontario: Find and pay for child care: search licensed centres province-wide
- City of Toronto: Licensed Child Care: search centres, see quality ratings, join waitlists and apply for a fee subsidy
Parks, shopping and things to do
- Yonge and Eglinton: restaurants, shops, a cinema and the Yonge Eglinton Centre
- The Beltline Trail: a converted rail line for walking and cycling
- Eglinton Park and June Rowlands (Davisville) Park
- Mount Pleasant Cemetery: peaceful tree-lined paths
- Mount Pleasant Road: local shops and cafés
Pros and cons of living in Midtown Toronto
Pros
- Two rapid transit lines
- Walkable, with lots of restaurants
- Good schools
- Options from condos to family homes
- Rising C10 benchmark
Cons
- Busy and dense around Yonge and Eglinton
- Condo quality and fees vary
- Detached homes are expensive
- Ongoing construction
- Two land transfer taxes
Before you buy in Midtown Toronto: local checklist
Here’s what I check with buyers in Midtown Toronto:
- Condo buildings: compare maintenance fees, reserve funds and the building’s history before buying.
- Pre-construction: understand deposit schedules and closing costs, including development charges.
- Toronto Vacant Home Tax: every Toronto homeowner must file a yearly occupancy declaration; homes left vacant more than six months can be taxed at 3% of assessed value.
- Trees and ravines: removing or injuring trees of 30 cm diameter or more needs a City permit, and properties near ravines fall under Toronto’s Ravine and Natural Feature Protection by-law and may be regulated by the TRCA.
- Heritage: check whether the home is on Toronto’s Heritage Register or in a Heritage Conservation District, which can limit exterior changes.
- Older homes: homes built before the mid-1950s may still have a lead water service pipe, knob-and-tube wiring or galvanized plumbing, so a thorough home inspection is essential.
- More units allowed: Toronto now permits up to four units (multiplexes) plus garden and laneway suites on most residential lots.
- Condos: always review the status certificate, reserve fund study and any upcoming special assessments before you firm up an offer.
- Non-Canadian buyers: check the federal foreign-buyer rules and Ontario’s 25% Non-Resident Speculation Tax and Toronto’s 10% Municipal Non-Resident Speculation Tax before making an offer.
Buying or selling in Midtown Toronto with Irina
I’m a RE/MAX Realtron Realty Sales Representative and Senior Real Estate Specialist (SRES®). Whether you’re buying your first condo near the subway, a family home on a quiet side street or downsizing, I’ll give you honest, local advice about Midtown Toronto, in English or Russian.
- Buying with Irina: how I help buyers find the right home and negotiate well
- Selling with Irina: pricing, preparation and marketing that gets results
- Free home evaluation: find out what your home is worth today
Call or text 416-846-8064 or email irina@loveurlife.ca, or send me a message below.
Midtown Toronto real estate FAQ
How much does a condo cost in Midtown Toronto?
In August 2026, TRREB’s benchmark price for a typical condo apartment was $597,900 in C10 (Davisville, Mount Pleasant) and $701,600 in C03 (including Yonge-Eglinton).
Is Line 5 Eglinton open?
Yes. Line 5 Eglinton opened on February 8, 2026, connecting to Line 1 at Eglinton station.
What neighbourhoods are in Midtown Toronto?
Yonge and Eglinton, Davisville Village, Mount Pleasant West and East, and nearby areas such as Chaplin Estates and Sherwood Park.
Is Midtown good for families?
Yes. It combines well-known schools, parks and family homes on side streets with excellent transit.
Do you pay two land transfer taxes in Midtown?
Yes. Midtown is in the City of Toronto, so buyers pay both the Ontario and Toronto land transfer taxes.
Useful links
Official sources and local resources I recommend (links open in a new tab):
- City of Toronto
- Toronto property tax rates: 2026 rates
- Toronto municipal land transfer tax
- Toronto first-time buyer land transfer tax rebate
- Ontario first-time buyer land transfer tax refund
- Toronto Vacant Home Tax
- MPAC: look up a property’s assessed value
- TDSB school locator
- Toronto Catholic District School Board
- Fraser Institute school rankings
- TTC: subway, streetcar and bus routes
- Toronto and Region Conservation Authority (TRCA)
- TRREB Market Watch
- TTC: Line 5 Eglinton: routes and service updates
Explore nearby areas
- Lawrence Park: just north
- Leaside: just east
- Downtown Toronto: a few subway stops south
- North York: further north
- All area guides: every neighbourhood guide in one place
- Interactive map: see every area on one clickable map