October 2026 | Toronto Real Estate Market Update
For years, Leaside has been one of Toronto's most desirable neighbourhoods, known for its excellent schools, established streets, parks and strong sense of community.
But something interesting is happening in the semi-detached market.
We're seeing more three-bedroom, two-bathroom semi-detached homes with parking selling for less than $1.5 million.
For buyers who have been watching Leaside from the sidelines, that's worth paying attention to.
A Look at Recent Leaside Sales
Here are several recent semi-detached sales that illustrate what buyers are paying:
153 Parkhurst Boulevard $1,240,000
39 Brentcliffe Road $1,300,000
22 Thursfield Crescent $1,370,000
8 Beaufield Avenue $1,381,000
87 Thursfield Crescent $1,445,000
260 Donlea Drive $1,485,000
These selected sales average approximately $1.37 million, with all six selling below $1.5 million.
Of particular interest is 22 Thursfield Crescent, which reportedly sold firm for $1.37 million in October, and 153 Parkhurst Boulevard, which sold for $1.24 million.
These are individual transactions rather than a complete picture of every Leaside sale, but they highlight an important opportunity in today's market.
Is Leaside Becoming More Affordable?
In certain segments of the market, I believe it is.
Buyers who previously assumed a three-bedroom semi in Leaside was beyond their budget may be surprised by what's available.
That doesn't mean every property is selling at a discount. Renovated homes on desirable streets, with good layouts and functional parking, can still command stronger prices.
However, buyers appear to have more room to compare properties, evaluate value and make informed decisions without the same pressure that characterized Toronto's peak market.
What Does This Mean for Buyers?
If you've been considering Leaside but felt priced out, it may be time to take another look.
A budget of approximately $1.3 million to $1.5 million is now worth exploring for a three-bedroom semi-detached home, depending on the property's condition, size and location.
The key is understanding what you're buying. Renovations, basement condition, lot size and parking arrangements can all significantly affect value.
What Does This Mean for Sellers?
For homeowners considering selling, pricing strategy matters more than ever.
Buyers are paying close attention to recent comparable sales. A home priced according to expectations from the peak market may struggle to generate interest if similar properties are selling for less.
That doesn't mean sellers need to undervalue their homes. It means understanding where their property fits in today's market and presenting it accordingly.
Thinking About Buying or Selling in Leaside?
Every home is different, and recent sales only tell part of the story. Lot size, renovations, layout, parking and location can all influence what buyers are willing to pay.
If you're thinking about selling your Leaside home, I'd be happy to provide a personalized market evaluation based on recent comparable sales.
Find Out What Your Home Is Worth
Looking to buy in Leaside or nearby East Toronto neighbourhoods? I can help you understand current pricing, evaluate properties and navigate the buying process.
Luke Nicholson | Toronto Real Estate Agent — East York, Leaside, the Beaches, Leslieville and Riverdale
