Toronto’s housing market is expensive and competitive, but there’s one overlooked issue making affordability even worse—the missing middle. Between high-rise condos and million-dollar detached homes, there’s a serious lack of townhouses, duplexes, triplexes, and low-rise apartments.

With recent zoning changes and new developments, Toronto is finally taking steps to fix this problem. This blog explores why missing middle housing matters, the latest developments, pricing insights, and what this means for buyers and renters.

What is Missing Middle Housing?

The term “missing middle” refers to housing that sits between high-density condos and low-density single-family homes. These homes provide more space for families while remaining affordable for middle-income earners.

Cities like Toronto have historically focused on luxury condos and expensive detached homes, leading to fewer options for people who want spacious, reasonably priced housing in urban neighbourhoods.

Why is Toronto Struggling with the Missing Middle?

Several factors contribute to Toronto’s lack of medium-density housing:

• Zoning Restrictions – Historically, many Toronto neighbourhoods only allowed single-family homes, preventing duplexes, triplexes, and townhouses from being built.

• High Demand for Condos – Developers prioritized condos due to higher profit margins and demand from investors.

• Expensive Land & Construction Costs – Building medium-density homes is often less profitable compared to high-rise developments.

With Toronto’s population booming, residents are demanding more diverse housing options that better suit families and professionals.

Toronto’s Latest Missing Middle Housing Initiatives

1. Zoning Changes for Multiplexes

Toronto has recently legalized multiplexes in all neighbourhoods, allowing duplexes, triplexes, and fourplexes in areas that previously banned them. This change is expected to increase housing diversity and support affordability.

2. Beaches-East York Missing Middle Pilot Project

The city is launching a pilot project to demonstrate how missing middle housing can be built effectively on city-owned land. This initiative aims to set a precedent for future developments and encourage more builders to invest in mid-sized housing. Updates are posted on the City of Toronto website here.

3. Private Developer Investments

Tempus Capital Inc. and TUK Developments Inc. are investing $100 million to create spacious, family-friendly rental units. Their first project features three-bedroom apartments with 1,100 square feet of space, addressing the need for larger rental units in Toronto.

What’s the Price Range for Missing Middle Homes in Toronto?

Toronto’s missing middle homes are priced between condos and detached homes, offering a middle ground for buyers and renters.

Here’s a breakdown of current prices:

• Townhouses & Row Houses – Prices typically start around $800,000 in areas like Weston-Pelham Park, offering a more affordable step up from condos.

• Duplexes & Triplexes – These multi-unit homes can range from $900,000 to $1.5 million, depending on the neighbourhood and condition.

• Low-Rise Apartments – Rental units in new developments, such as those by Tempus Capital Inc. and TUK Developments, are designed for families and professionals, with three-bedroom units spanning 1,100 square feet.

As Toronto continues to promote medium-density housing, prices may fluctuate depending on zoning laws, interest rates, and construction costs.

Why Missing Middle Housing is Important?

Better Affordability

More housing options mean lower prices and better accessibility for buyers and renters. Townhouses, duplexes, and triplexes offer a compromise between space and cost, making them a great alternative to high-rise condos.

Improved Community Living

Unlike large condo towers, missing middle housing promotes walkable neighbourhoods with lower traffic congestion, more green space, and stronger local communities.

Environmental Benefits

Medium-density housing is more sustainable than single-family homes and reduces the city’s urban sprawl—a major issue affecting Toronto’s infrastructure.

What’s Next for Toronto?

The push for missing middle housing is gaining momentum, but challenges remain. While zoning changes and pilot projects are promising, developers and policymakers need to prioritize affordability and accessibility to make these homes widely available.

Will Toronto finally embrace medium-density housing? The coming years will determine whether these initiatives can reshape the housing market and offer better options for families and professionals.

About Anne Lok, Broker  B. Arch, M.AAD.

Anne is a Toronto-based realtor with an architectural background, specializing in design-forward properties in historically rich neighbourhoods. She offers a customized approach for each client, helping buyers find homes that blend timeless charm with modern functionality. Anne also guides sellers in showcasing the unique appeal of their properties and assists investors in identifying opportunities with strong potential for growth.

*All data provided by Urbanation

New Condo Sales Plunge 91% Below 10-Year Average

• Only 502 new condo units were sold in Q2-2025 across the Greater Toronto and Hamilton Area (GTHA), marking a 10% drop from Q1 and a 69% year-over-year decline.

• Q2 typically sees peak activity, but this year’s sales were 91% below the 10-year seasonal average—continuing a trend of 30-year lows.

• Resale condo transactions also fell 20% annually to 4,074 units, hitting a 17-year low (excluding COVID years) and landing 32% below the 10-year average.

Developers Halt Launches and Cancel Projects Amid Surging Resale Listings

• Only three new projects (891 units) launched for presale in Q2, while four projects (719 units) were cancelled.

• Since early 2024, 20 projects totaling 4,360 units have been cancelled, with nine now being converted to rentals—including three from Q2-2025.

• Resale listings hit a record 14,759 units in Q2, 35% above the 10-year average.

New Launches Struggle Despite Price Drops to $1,000 PSF

• Just 16% of newly launched units sold in Q2—far below the 10-year average of 50%.

• This sluggish performance came despite limited inventory and average opening prices falling to $1,003 PSF, the lowest since Q2-2020.

• Resale market activity also weakened, with a sales-to-listings ratio of 28%, half the 10-year average and the lowest Q2 level in three decades.

Developer Inventory Doubles, Resale Listings Hit Record High

• Total unsold inventory reached 24,045 units in Q2-2025, down 3% year-over-year—marking the first annual decline in over three years.

• However, 2,478 newly completed units remained unsold, a 102% increase from last year and five times higher than two years ago.

• Active resale listings ended Q2 at 8,998 units—double the 10-year average.

Prices Continue to Slide for Both New and Resale Condos

• New condo prices averaged $1,325 PSF in Q2, down 2% year-over-year and 7% over three years (excluding incentives).

• Resale prices dropped 8% annually to $797 PSF, with a three-year decline of 14%.

• The price gap between new and resale condos widened to a record 66%, more than double the spread from a decade ago.

Completions to Hit Record High in 2025, Then Plunge by 2027

• Condo construction starts fell 57% year-over-year in Q2 to just 1,276 units—an 84% drop over two years.

• Q2 completions rose slightly (2%) to 4,918 units, but 17,117 more units are scheduled for completion in the second half of 2025.

• Total completions for 2025 will reach a record 31,599 units, before declining to 18,037 in 2026 and just 10,841 by 2027.

Rental Supply Surges, Pushing Down Rents

• A record 18,119 condo leases were signed in Q2-2025, up 10% year-over-year.

• However, rental listings grew 13% to 24,918 units—surpassing the previous high from Q3-2020.

• The lease-to-listing ratio fell to a five-year low of 73%, while active listings rose 23% to 6,156 units.

• Average rents dropped 4.5% annually to $3.79 PSF, or $2,589 for a typical 683 SF unit.

🔍 What This Means for Buyers and Sellers

🏠 For Buyers:

• More Choices, Lower Prices: With record-high inventory and falling prices, buyers have more options and stronger negotiating power.

• Better Deals on Resale Units: Resale condos are significantly cheaper than new builds, with a growing price gap (66% premium for new).

• Rental Market Softening: If you're considering renting before buying, falling rents and rising supply make it a tenant-friendly market.

• Caution on New Builds: Many projects are being cancelled or converted to rentals, so buyers should vet developer reliability and timelines carefully.

🏢 For Sellers:

• Tougher Competition: With resale listings at record highs and sluggish demand, sellers face longer listing times and pressure to reduce prices.

• Lower Sales Ratios: Only 28% of resale listings are selling—half the historical average—making it harder to close deals.

• Price Pressure: Resale prices are down 14% over three years, and buyers are increasingly price-sensitive.

• Rental as Plan B: If selling isn’t viable, leasing out your unit may be an alternative—but expect lower rents and longer vacancy periods.

About Anne Lok, Broker  B. Arch, M.AAD.

Anne is a Toronto-based realtor with an architectural background, specializing in design-forward properties in historically rich neighbourhoods. She offers a customized approach for each client, helping buyers find homes that blend timeless charm with modern functionality. Anne also guides sellers in showcasing the unique appeal of their properties and assists investors in identifying opportunities with strong potential for growth.

Contact Anne for a Buyer or Seller consultation.

Discover why automated valuation tools struggle to accurately price architecturally distinctive properties and how design-conscious homeowners can unlock their property's true market value through strategic positioning and expert guidance.

For owners of architecturally distinctive properties, online valuation tools like HouseSigma can be particularly misleading. While these platforms work reasonably well for cookie-cutter homes, they struggle to capture the premium that today's buyers place on exceptional design, unique architectural features, and thoughtful spatial planning.

When Algorithms Miss the Mark on Design Value

Automated valuation models rely heavily on square footage, bedroom counts, and basic comparable sales data. What they can't quantify is the value of soaring ceilings, custom millwork, architect-designed layouts, or the kind of natural light that transforms a space from ordinary to extraordinary.

A mid-century modern home with floor-to-ceiling windows and an open-concept layout might be compared algorithmically to a standard suburban build from the same era, missing entirely the premium that design-conscious buyers will pay for authentic period architecture and thoughtful spatial flow.

Similarly, a contemporary home with sustainable materials, smart home integration, or award-winning architectural details often gets lumped into generic price categories that don't reflect the sophisticated buyer market these properties attract.

The Design Premium in Today's Market

There's a growing segment of buyers who prioritize design quality over sheer size. These buyers understand that exceptional design enhances daily living in ways that can't be measured in square feet alone.

Features like custom-built storage solutions, carefully curated material palettes, seamless indoor-outdoor connections, or innovative use of natural light create emotional connections that drive premium pricing. A well-designed 1,200-square-foot space can command higher prices than a poorly planned 1,800-square-foot home in the same neighbourhood.

Understanding Your Property's Design DNA

Every architecturally significant home has a story; whether it's a heritage property with original Arts and Crafts details, a sleek contemporary build with minimalist sensibilities, or a thoughtfully renovated space that bridges historical character with modern functionality.

Recognizing and articulating these design elements is crucial for attracting the right buyers. A Victorian home's original stained glass windows, restored hardwood floors, and period style colour palette appeal to buyers who appreciate historical authenticity. Meanwhile, a modern home's clean lines, innovative materials, and integrated technology systems attract a different but equally committed buyer demographic.

The Presentation Advantage for Design Properties

Design-forward homes require equally sophisticated marketing approaches. Standard real estate photography often fails to capture the nuanced details that make these properties special (the way light moves through a space throughout the day, the craftsmanship of custom elements, or the flow between rooms that creates the property's unique character).

Professional architectural photography, detailed shots of custom features, and marketing materials that speak to the design narrative help potential buyers understand not just what they're buying, but how living in the space will enhance their lifestyle.

Strategic Improvements for Design Properties

When considering improvements to design-focused homes, the goal isn't always maximum return on investment—it's about enhancing the property's design integrity and appeal to its target market.

Sometimes this means restoring original features rather than updating them, sourcing period-appropriate materials, or working with skilled craftspeople who understand the property's architectural language. Other times, it involves carefully planned modern interventions that respect the home's character while improving functionality.

The key is understanding what improvements will resonate with buyers who appreciate design quality and are willing to pay for it.

How many times have I seen beautiful Victorian homes not selling because the seller has put in the wrong choice of new flooring that doesn't go with the historic sensibility of the home? A stunning heritage property can sit on the market for months when modern laminate or trendy grey vinyl plank flooring disrupts the home's authentic character. Meanwhile, a similar home with carefully restored period-appropriate hardwood or quality materials that honour the architectural era sells quickly and often above asking.

Marketing to the Design-Conscious Buyer

Design-forward properties attract a specific buyer demographic—people who view their home as more than just shelter, but as a reflection of their aesthetic sensibilities and lifestyle choices. These buyers often have higher budgets and are willing to pay premium prices for properties that speak to them.

Reaching this market requires targeted marketing strategies that showcase the property's design credentials, highlight architectural features, and connect with buyers who understand and value exceptional design.

Beyond Square Footage: Valuing Design Intent

While algorithms focus on quantifiable metrics, the true value of a design-forward home lies in less measurable qualities (the thoughtfulness of the layout, the quality of materials,, and the overall design vision that makes the property distinctive).

These elements create the kind of emotional connection that drives competitive offers and premium pricing, but they require design expertise to identify, articulate, and market effectively.

About Anne Lok, Broker B. Arch, M.AAD.

Anne's architectural training provides her with a unique perspective on Toronto's design-forward real estate market. With formal education in both architecture and advanced architectural design, she understands how to evaluate and communicate the design qualities that set exceptional properties apart from standard offerings.

Specialising in architecturally distinctive homes—from meticulously restored heritage properties to cutting-edge contemporary builds—Anne works with clients who appreciate the intersection of design excellence and real estate value. Her technical background allows her to identify subtle design elements that others might overlook: the significance of original millwork, the impact of carefully planned sight lines, or the value of architect-designed renovations that enhance rather than compromise a property's character.

Whether representing a mid-century modern masterpiece, a thoughtfully renovated Victorian, or a contemporary home with innovative sustainable features, Anne connects design-conscious buyers and sellers who understand that exceptional architecture is an investment in both lifestyle and long-term value.

Finding the perfect place to live while studying in Toronto can make or break your university experience. From budget-friendly options near major campuses to vibrant communities with excellent transit connections, Toronto offers diverse neighbourhoods that cater to every student's needs and budget.

Why Choosing the Right Neighbourhood Matters for Students

Toronto's sprawling urban landscape can be overwhelming for newcomers. The right neighbourhood doesn't just provide a roof over your head—it becomes your home base for academic success, social connections, and personal growth. Factors like proximity to campus, public transit access, cost of living, and community amenities all play crucial roles in your daily student life.

Top 7 Best Toronto Neighbourhoods for UofT Students

1. Bloor-Yorkville - Upscale Living with Premium Amenities

Why students love it: This sophisticated neighbourhood offers luxury living for graduate students and those with higher budgets, providing access to Toronto's most prestigious shopping and dining district.

Key highlights:

• High-end shopping at Yorkville Village and Mink Mile

• Excellent restaurants and cultural venues

• Multiple subway stations (Bay, Bloor-Yonge, Rosedale)

• Walking distance to U of T's main campus

• Professional atmosphere ideal for networking

• Average rent: $1,200-1,800/month for shared accommodations

View Current Bloor-Yorkville Listings →

Best for: Graduate students, MBA students, those with higher budgets seeking luxury living

2. Church-Yonge Corridor - Urban Energy and Convenience

Why students love it: This vibrant downtown corridor offers the ultimate urban student experience with unparalleled transit access and a dynamic nightlife scene.

Key highlights:

• Multiple subway lines (Yonge-University, Bloor-Danforth lines)

• Heart of Toronto's entertainment district

• 24/7 convenience and services

• Walking distance to Ryerson/TMU

• Diverse dining and shopping options

• LGBTQ+ friendly community (Church Street Village)

• Average rent: $1,000-1,500/month for shared condos

View Current Church-Yonge Corridor Listings →

Best for: TMU students, those who love urban nightlife, students seeking maximum convenience

3. The Annex - Perfect for University of Toronto Students

Why students love it: The Annex sits directly adjacent to the University of Toronto's St. George campus, making it the ultimate location for U of T students. This historic neighbourhood combines academic convenience with vibrant street life.

Key highlights:

• Walking distance to U of T's main campus

• Bloor Street shopping and dining corridor

• Excellent TTC subway access (Bathurst, Christie, and Dupont stations)

• Mix of heritage homes converted to student housing

• Average rent: $800-1,200/month for shared accommodations

Best for: University of Toronto students, graduate students, those who prefer walking to campus

View Current Annex Listings →

4. Kensington Market - Bohemian Charm Meets Affordability

Why students love it: This eclectic neighbourhood offers some of Toronto's most affordable living options while maintaining a unique cultural identity that attracts creative and internationally-minded students.

Key highlights:

• Diverse, affordable dining options

• Vintage shops and unique boutiques

• Close to both U of T and OCAD University

• Strong sense of community

• Average rent: $700-1,000/month for shared housing

Best for: Art students, international students, budget-conscious students seeking character

View Current Property Listings Near Kensington Market→

5. Chinatown - Budget-Friendly with Authentic Culture

Why students love it: Adjacent to the University of Toronto and offering some of the city's most affordable housing and dining options, Chinatown provides excellent value for money.

Key highlights:

• Extremely affordable restaurants and groceries

• Walking distance to U of T

• Authentic cultural experience

• Good public transit connections

• Average rent: $650-950/month for shared accommodations

Best for: Students on tight budgets, those interested in Asian culture, U of T students

View Current Property Listings Near Chinatown→

6. Alexander Park - Hidden Gem for Budget-Conscious Students

Why students love it: This emerging neighbourhood offers excellent value for money with a growing student population, particularly popular among those seeking affordable housing with easy access to both downtown and midtown campuses.

Key highlights:

• Affordable rent with character buildings

• Growing arts and culture scene

• Good TTC bus connections to subway lines

• Close to both U of T and TMU campuses

• Diverse, multicultural community

• Proximity to restaurants and cafes on Bathurst Street

• Average rent: $700-1,000/month for shared accommodations

View Current Alexander Park Listings →

Best for: Budget-conscious students, those seeking diverse communities, students who don't mind bus commutes

7. Ryerson/Toronto Metropolitan University Area (Downtown Core)

Why students love it: Living in the heart of downtown Toronto puts students at the center of the city's business, entertainment, and cultural districts while being steps away from TMU.

Key highlights:

• Walking distance to Toronto Metropolitan University

• Major subway lines intersection (Bloor-Yonge, Union Station nearby)

• Internship and job opportunities

• Urban lifestyle with all amenities

• Average rent: $1,000-1,500/month for shared condos

Best for: Toronto Metropolitan University students, University of Toronto students, business students, those seeking urban lifestyle

View Current Property Listings Near TMU →

Essential Factors to Consider When Choosing Your Neighbourhood

Transportation and Commute Times

Toronto's public transit system (TTC) is generally reliable, but commute times can vary significantly between neighbourhoods. Consider:

• Proximity to subway lines vs. bus routes

• Monthly TTC pass costs ($156 for students)

• Walk/bike-ability to campus

• Winter weather impact on commuting

Cost of Living Beyond Rent

While rent is the biggest expense, consider these additional costs:

• Groceries (vary significantly by neighbourhood)

• Utilities (often not included in student housing)

• Internet and phone services

• Entertainment and dining out

• Transportation costs

Safety and Community

Research crime statistics and talk to current residents about:

• Well-lit streets and safe walking routes

• 24/7 businesses and activity levels

• Community resources and support

• Campus security presence

Academic and Social Opportunities

Different neighbourhoods offer varying levels of:

• Study spaces (libraries, cafes)

• Student community presence

• Networking opportunities

• Cultural and recreational activities

Money-Saving Tips for Students

Shared Housing Strategies

• Room-share with 2-3 other students to split costs

• Look for inclusive rent (utilities included)

• Consider basement apartments for lower costs

• Check university housing boards for verified listings

Neighbourhood-Specific Savings

• Shop at local markets in ethnic neighbourhoods

• Take advantage of student discounts at local businesses

• Use neighbourhood Facebook groups for deals and services

• Consider neighbourhoods with free community events

Transportation Guide for Students

TTC Monthly Pass Benefits

Students save significantly with monthly passes versus individual fares. The $156 monthly student pass pays for itself after about 50 trips.

Bike-Friendly Neighbourhoods

Toronto's bike lane network continues expanding. Consider cycling costs:

• One-time bike purchase: $200-500

• Annual maintenance: $100-200

• No monthly transit costs

• Excellent exercise and eco-friendly option

Walking-Friendly Options

Neighbourhoods within walking distance of campus eliminate transportation costs entirely, though rent may be higher. Calculate the trade-off between higher rent and transportation savings.

Best Resources for Finding Student Housing

University Resources

• Official university housing services

• Student union housing boards

• Campus Facebook groups and forums

• International student services

Hire an Agent

• Real estate agents specializing in student rentals

• No cost to renters (landlords pay agent fees)

• Access to exclusive listings not posted online

• Professional guidance through lease negotiations

• Particularly helpful for international students unfamiliar with Toronto's rental market

Local Community Resources

• Neighbourhood Facebook groups

• Local community centers

• Word-of-mouth through current students

• Coffee shop and campus bulletin boards

Seasonal Considerations for Housing Searches

Best Times to Search

• April-June: Peak selection for September move-ins

• December-January: Some deals as students graduate mid-year

• August: Last-minute options, potentially higher prices

Lease Timing

Most student housing follows academic calendars:

• 12 month leases starting in September

• Some summer sublet opportunities

• Consider year-round vs. academic year leases

Making Your Final Decision

Create a Comparison Chart

Rate each neighbourhood on:

• Commute time to campus (1-10)

• Total monthly costs (actual dollars)

• Safety rating (1-10)

• Social opportunities (1-10)

• Personal preferences (1-10)

Visit Before Committing

• Take the commute during rush hour

• Walk around the neighbourhood at different times

• Talk to current residents and students

• Check local amenities and services

Consider Your Study Style

• Need quiet spaces? Consider residential areas

• Thrive on energy? Choose vibrant, central locations

• Value community? Look for neighbourhoods with student populations

Finding Your Perfect Toronto Student Neighbourhood

Toronto's diverse neighbourhoods offer something for every student, from budget-conscious options to trendy downtown living near University of Toronto. The key is matching your priorities—whether that's proximity to campus, budget constraints, social opportunities, or community feel—with the right neighbourhood characteristics.

Start your search early, be prepared with necessary documentation, and don't hesitate to ask current students about their experiences. With proper planning and research, you'll find a Toronto neighbourhood that enhances your academic journey and creates lasting memories.

About Anne

Ready to start your housing search? Begin by visiting your university's housing resources  or connecting with a Toronto real estate agent.

As a licensed real estate professional specializing in Toronto student rental, I've helped hundreds of students find their perfect home across all of Toronto's best neighbourhoods. From budget-friendly options in Scarborough to luxury living in Bloor-Yorkville, I provide free guidance to help you navigate Toronto's rental market with confidence. My services include exclusive access to student-friendly properties, lease negotiation, and personalized neighbourhood recommendations based on your university, budget, and lifestyle preferences. Contact me today for a free consultation and let me help you find your ideal student home in Toronto. Get personalized housing recommendations →

Navigating Ontario's rental market has become increasingly complex, especially with recent updates to the Residential Tenancies Act (RTA). Whether you're a seasoned landlord or just starting your rental property journey, understanding these changes is crucial for compliance and success. Here's everything you need to know about the latest RTA updates and how they affect your rental business.

Understanding the Residential Tenancies Act

The Residential Tenancies Act serves as the cornerstone of Ontario's rental regulations, governing how leases are structured and ensuring tenant rights are protected. The Act establishes clear guidelines for rent increases, eviction procedures, and sets specific restrictions on when landlords can issue notice to tenants to vacate their properties.

Major Rent Control Changes

One of the most significant updates to the RTA involves expanded rent control measures. The new changes now extend rent control to private rentals, implementing an annual cap on rent increases that affects all rental properties in Ontario.

Current Rent Increase Limits

• 2025 rent increase: 2.5%

• 2024 rent increase: 2.5%

These standardized rates provide predictability for both landlords and tenants, though they also mean landlords must carefully plan their rental income projections and property maintenance budgets.

Selling Your Rental Property: New Rules and Penalties

The updated RTA has introduced important changes regarding property sales that every landlord should understand.

Family Occupancy Requirements

If you or your immediate family members want to move back into the rental property for family reasons once the lease term expires, you must be prepared for financial consequences. Under the new rules, landlords are subject to a penalty equal to one month's rent that must be paid to the tenant. Additionally, you'll need to complete the N11 form to properly terminate the tenancy.

Buyer Occupancy Provisions

The rules are different when selling to a buyer who will occupy the property. When your property is sold to a buyer who will be using the premises as their principal residence for a minimum of one year, there is no penalty required to be paid to the tenant. This provision helps facilitate legitimate property sales while protecting tenants from unnecessary displacement.

Important Notice Requirements

You can only terminate a tenancy if you're moving into the unit for family reasons or if you have a buyer who will be moving in, whether under a lease or on a month-to-month basis. The 60-day notice period is calculated from the day rent is normally paid, not from calendar days. Crucially, you cannot give tenants notice to leave before you have secured a buyer.

Current Toronto Rental Market Rates

Understanding market rates helps landlords set competitive rents while staying within legal guidelines. Based on TREB statistics for Q4 2024, average rental rates in Toronto are:

• Studio: $1,830

• One Bedroom: $2,235

• Two Bedroom: $2,946

• Three Bedroom: $3,443

Compliance and Penalties

The stakes for RTA violations are substantial. Landlords who violate the Act can face fines of up to $50,000 issued by the Landlord Tenant Board, plus any remedial costs associated with tenant complaints. This makes proper understanding and compliance absolutely essential.

Essential Landlord FAQs

Can I raise rent before the first year ends?

No, Ontario landlords are only allowed to raise rent at the end of the tenancy term. Any rent increase must fall under the guidelines established by the Act.

What about Airbnb subletting?

It's increasingly common for tenants to rent out units without landlord knowledge, but determining if this constitutes illegal subletting can be challenging. Best practice is to include a specific clause in your lease schedule as an additional provision to prevent unauthorized short-term rentals.

How should I screen tenants?

Proper tenant screening typically involves requesting supporting documents to verify financial ability to pay rent, including:

• Employment letters

• Credit reports with FICO scores

• Current and past landlord references

• Employment references

Do I need a property manager?

Landlords must fulfill certain obligations to address tenant concerns 24 hours a day. If you're unfamiliar with rental law or frequently unavailable to handle tenant issues and emergencies, engaging a professional property manager is advisable.

Can I collect damage deposits?

No, Ontario landlords are not permitted to ask for damage deposits under the Act. However, you can include a mutually agreed provision in the lease making tenants responsible for damages they cause at the end of the term.

What about key deposits?

Landlords can collect key deposits only if they're refundable when tenants end the lease and return the original keys. The deposit amount cannot exceed the actual replacement cost for keys and fobs.

Getting Professional Help

For first-time landlords or those without time to manage the rental process personally, hiring a licensed REALTOR can be invaluable. They can help source qualified tenants and execute legal paperwork to ensure smooth property transitions while maintaining compliance with the Act.

Final Thoughts

The updated Residential Tenancies Act brings both challenges and opportunities for Ontario landlords. While the regulations may seem complex, understanding these rules protects both your investment and your tenants' rights. Staying informed about these changes isn't just good business practice—it's essential for avoiding costly penalties and maintaining successful rental properties.

For more detailed information on specific scenarios and additional landlord resources, consider consulting with a real estate lawyer who specializes in landlord-tenant law. The investment in professional guidance often pays for itself through proper compliance and risk management.

About Anne

Anne is a Toronto-based realtor with an architectural background who specializes in rental property investment and landlord services. With deep knowledge of Ontario's rental market dynamics, she helps property investors navigate the complexities of rental property ownership while maximizing their investment potential. Anne provides customized guidance for landlords looking to acquire investment properties, connect with qualified tenants, and build successful rental portfolios. Her unique combination of architectural insight and market expertise makes her an invaluable resource for both first-time and experienced landlords seeking to succeed in Toronto's competitive rental market.

Contact Anne

When buying a designer home, you'll often hear terms like "architectural character" or "unique design elements" thrown around. But what exactly makes design-focused homes so compelling, and why should it matter to you as a buyer? Whether you're selling or buying a designer home, searching for high-design homes, or specifically looking for architecturally designed homes and “true” modern homes in Toronto, understanding these elements can help you identify properties with lasting appeal and exceptional investment potential.

The Foundation of Design-Focused Homes

Design-focused homes stem from how a property tells a story through its thoughtful architecture and curated elements. When buying a designer home or exploring architecturally designed homes and high-design homes, you're investing in the thoughtful integration of form, function, and artistic expression that creates a dwelling that's both beautiful and purposeful. These designer homes don't just provide shelter; they inspire, comfort, and reflect sophisticated taste.

Key Elements That Create Designer Home Appeal

Distinctive Rooflines and Silhouettes

A designer home's profile against the sky is often the first thing that catches your eye. Design-focused homes might include varying heights, multiple gables, dormers, or unexpected angles. Think of a modernist home with its clean, geometric lines, or a carefully restored Victorian with its complex, ornate roofline. These elements create visual drama and help a home stand out in the neighbourhood.

Thoughtful Use of Materials

Design-focused homes often feature a carefully curated palette of materials that work in harmony. This might be the warm combination of natural stone and cedar siding, the industrial appeal of exposed brick and steel beams, or the timeless elegance of limestone and copper accents. When buying a designer home, the key is recognizing intentional material selection rather than random mixing.

Windows as Design Features

Windows do more than let in light, they're architectural jewelry in design-focused homes. Designer homes might feature oversized picture windows that frame specific views, clerestory windows that bring in light while maintaining privacy, or uniquely shaped windows that become focal points. The placement, size, and style of windows can dramatically impact both the interior experience and exterior appeal.

Spatial Flow and Proportion

Inside, design-focused homes create a sense of journey through varied ceiling heights, unexpected room shapes, and thoughtful transitions between spaces. A dramatic two-story entry, a cozy reading nook tucked under stairs, or a kitchen that opens to both dining and living areas while maintaining distinct zones. These elements create designer homes that feel dynamic rather than predictable.

Integration with the Landscape

Truly exceptional design-focused homes don't ignore their surroundings. Designer homes that work with their natural setting—whether it's a house that steps down a hillside, incorporates mature trees into the design, or uses large windows to bring the outdoors in—create a seamless relationship between built and natural environments.

Recognizing Designer Home Styles with Character

Mid-Century Modern and Modernist Designer Homes

Clean lines, flat planes, and extensive use of glass create designer homes that feel both timeless and forward-thinking. The emphasis on horizontal lines and connection to nature makes these design-focused homes perpetually appealing to sophisticated buyers.

Craftsman and Arts & Crafts Designer Homes

Rich in detail and natural materials, these designer homes feature elements like exposed rafters, built-in cabinetry, and handcrafted touches that showcase skilled workmanship and attention to detail.

Contemporary Custom Designer Homes

Modern design-focused homes often feature unexpected elements; maybe a floating staircase, a wall of windows, or an unusual material application that creates visual interest while serving a functional purpose. Many well-designed modern homes in Toronto particularly showcase this contemporary approach, with architecturally designed homes that respond to urban living while maintaining sophisticated design principles.

The Investment Perspective: Buying and Selling Designer Homes

Design-focused homes often hold their value better than generic alternatives. When selling a designer home, these high-design homes attract buyers who appreciate thoughtful architecture and are willing to pay for uniqueness. In competitive markets like Toronto, modern homes and architecturally designed homes stand out significantly, often commanding premium prices. However, when buying a designer home, it's important to distinguish between genuinely interesting architecture and merely unusual or trendy elements that might not have lasting appeal.

Beware of Faux Designer Homes

Have you ever walked into a multi-million dollar custom modern home that makes you feel “cringy”? Not all homes marketed as "designer" or "architecturally unique" truly deserve these labels. When evaluating design-focused homes, watch out for these red flags that indicate superficial styling rather than genuine architectural merit.

Surface-Level Styling vs. Thoughtful Design

Faux designer homes often rely on trendy finishes or popular design elements applied without consideration for the home's overall architecture. You might see granite countertops in a kitchen that doesn't flow well with the rest of the house, or modern fixtures awkwardly inserted into a traditional layout. Genuine architecturally designed homes show consistency and intention throughout.

Conflicting Design Languages

Be cautious of homes that mix multiple architectural styles without cohesion. A true designer home might blend elements from different periods, but it does so thoughtfully. Faux designer homes often throw together Mediterranean arches, contemporary metals, and traditional moldings in ways that feel chaotic rather than curated.

Lack of Functional Integration

True designer homes seamlessly integrate beauty with function. Faux designer homes often prioritize appearance over practicality, resulting in beautiful-looking elements that don't work well in daily life. This might include impractical kitchen layouts, awkward room flows, or decorative elements that interfere with the home's functionality.

How to Spot Authentic Design Quality

When buying a designer home, look for evidence of professional architectural involvement, consistent material palettes, and details that enhance rather than compete with the home's overall design. Genuine architecturally designed homes and high-design homes tell a coherent story from entry to exit.

What to Look For When Buying a Designer Home

When touring design-focused homes, pay attention to how spaces make you feel. Do you find yourself naturally drawn to certain areas? Are there moments where you pause and really notice a detail or view? These emotional responses often indicate exceptional design quality.

Look for designer homes where every element seems purposeful, where the placement of a window creates a perfect reading spot, where the flow between rooms feels natural, or where materials are used in ways that highlight their natural beauty.

The Human Element in Design-Focused Homes

Perhaps most importantly, design-focused homes feel like they were designed for people, not just to fill space. These designer homes have soul and personality, create atmosphere, and offer both gathering spaces and private retreats. They're homes that you'll never tire of exploring and discovering new details.

Making Your Decision

When you find a home with genuine architectural interest, you're not just buying a property—you're investing in a piece of design that will continue to inspire and delight. These homes often become more appreciated over time as their unique qualities become more apparent through daily living.

Whether you're drawn to the clean lines of modernism, the rich details of traditional styles, or the innovative approaches of contemporary design, understanding what makes architecture interesting will help you find a home that's not just a place to live, but a place to love.

About Anne Lok

Ready to discover more design-focused homes that speak to your aesthetic sensibilities?

As a real estate agent who specializes in architecturally designed homes, modern homes in Toronto, and designer properties throughout the GTA, I can help you find a home that's not just a place to live, but a daily source of inspiration. Whether you're buying or selling a designer home, contact me today to explore properties where thoughtful design meets lasting value.

Ready to explore the possibilities? Visit mdrn.realestate or let's connect to discuss your design-focused real estate goals.

GTA Housing Market Update: Summer 2025 Brings New Opportunities

The summer months have ushered in a welcome shift for the Greater Toronto Area housing market, and there's reason for cautious optimism among both buyers and sellers. While economic uncertainty continues to keep some prospective buyers on the sidelines, improved affordability conditions are creating genuine opportunities for those ready to make their move.

The numbers from June tell a pretty clear story: the GTA housing market is finally cooling down in a way that benefits buyers. We saw 6,243 home sales last month, which was down slightly from last year but up from May. More importantly, the average home price dropped to $1.10 million – that's 5.4% less than what people were paying this time last year.

What's really changed is that buyers aren't getting into crazy bidding wars anymore. There are more homes to choose from, and sellers are actually willing to negotiate. When you combine that with lower mortgage rates than we had in 2024, homeownership is becoming realistic again for regular families.

Pricing Trends Favour Buyers

Perhaps the most significant development for prospective homeowners is the continued moderation in pricing. The average selling price for all home types in June reached $1,101,691, down 5.4% compared to June 2024. This decline, combined with borrowing costs that remain below last year's levels, represents a meaningful improvement in affordability for many households.

This pricing environment reflects a market that's finding its footing after the volatility of recent years. While sellers may need to adjust their expectations, buyers are discovering opportunities that seemed out of reach just months ago.

The Condo Market Tells Its Own Story

The condominium sector presents a particularly interesting case study in current market dynamics. Sales volumes have remained remarkably stable year-over-year, suggesting steady underlying demand. However, prices have declined 4.3% from June 2024, reflecting the ongoing impact of increased supply.

Active condo listings have surged 19% compared to last year, with inventory levels holding at approximately seven months. This abundance of choice is welcome news for condo buyers, though the continued influx of new units suggests that price pressure may persist in the near term.

Looking Ahead: What Could Drive Further Recovery

According to TRREB's Chief Market Analyst Jason Mercer, two key factors could significantly strengthen the market's momentum moving forward. First, resolving cross-border trade tensions would likely boost broader economic confidence, encouraging more buyers to enter the market. Second, additional interest rate cuts would further ease the mortgage payment burden for average GTA households.

These potential catalysts, combined with the positive trends we're already seeing, could help sustain the market's recovery and provide support for price stability in the months ahead.

What This Means for Buyers

If you've been sitting on the sidelines waiting for the "right" time to buy, you might want to pay attention to what's happening right now. This could be the shift you've been waiting for.

Here's what's working in your favour:

• Those mortgage rates that seemed impossible last year? They're actually manageable now

• Remember fighting tooth and nail in bidding wars? That's largely behind us

• Sellers who used to hold all the cards are now willing to negotiate on price, closing dates, you name it

• If you're a first-time buyer, you're not getting priced out before you even start looking

• You can actually take your time to think about an offer without losing the house to someone else

So what should you actually do?

• Get that pre-approval sorted before you start seriously looking (trust me, it makes a difference)

• When you find "the one," be ready to move – good properties still don't sit around forever

• Find an agent who gets what's happening in today's market, not someone stuck in 2022

• Use your newfound negotiating power, but be reasonable about it

 
What This Means for Sellers

Let's be honest, selling isn't quite the slam dunk it was a couple years ago. But before you panic, know that homes are still selling, just with a different playbook.

Here's the reality check:

• Your house probably won't sell in a weekend with multiple offers over asking (sorry!)

• But the buyers who are looking? They're serious and they have their financing sorted

• The days of throwing any price on the wall and seeing what sticks are over

• You've got more competition from other sellers, but the market is starting to tighten up again

• Quality matters more than ever – buyers have options, so make yours stand out

Your game plan for success:

• Price it right from day one – your neighbour's sale from 2022 isn't relevant anymore

• Make your home shine – this isn't the time to skip staging or minor repairs

• Be open to negotiation – it's a conversation now, not a take-it-or-leave-it situation

• Work with an agent who understands today's buyers, not yesterday's market

• Timing still matters – a well-priced home can still create buzz and multiple offers

• Focus on attracting buyers who are ready to buy, not just curious lookers

The Bottom Line

The GTA housing market is finding its balance, creating opportunities for both buyers and sellers who understand the current dynamics. For buyers, it's about taking advantage of improved affordability and choice. For sellers, it's about adapting to a more balanced market with realistic expectations and strong presentation.

While economic uncertainty persists and market conditions can change, the fundamentals point toward a market that's becoming more accessible and sustainable. Whether you're looking to buy or sell, the summer of 2025 may indeed represent the opportunity you've been seeking, provided you approach it with the right strategy and realistic expectations.

As we experienced a cool May we are finally getting a taste of summer as we get into the Month of June.  The Toronto Regional Real Estate Board's (TRREB) sales figures for May were recently released showing an improvement in affordability relative to May of last year. With sales down and listings up across the GTA, homebuyers have generally benefited from increased choice and improved affordability so far this year. However, each neighbourhood and market segment comes with its own unique dynamics and nuances.

TRREB reported 6,244 home sales through the MLS System in May 2025, down by 13.3% compared to May 2024.  Home sales in May were up month-over-month compared to April 2025, this was the second monthly increase in a row. The average selling price, at $1,120,879, was down by four per cent compared to May 2024. 

TRREB’s Chief Information Officer Jason Mercer stated that home ownership costs are more affordable this year compared to last. Average selling prices are lower, and so too are borrowing costs. All else being equal, sales should be up relative to 2024. The issue is a lack of economic confidence. Once households are convinced that trade stability with the United States will be established and/or real options to mitigate our reliance on the United States exist, home sales will pick up.  

Available condominium units for sale are currently at just over seven months of inventory, offering greater affordability and more choice for first-time buyers and investors. This increased selection and improved affordability present excellent opportunities to purchase or invest in today’s condo resale market across the GTA.  

As your Realtor I welcome your enquiries, so please never hesitate to connect with me. I wish you well and I look forward to speaking with you in the coming weeks ahead. 

About Anne Lok, Broker  B. Arch, M.AAD.

Anne is a Toronto-based realtor with an architectural background, specializing in design-forward properties in historically rich neighborhoods. She offers a customized approach for each client, helping buyers find homes that blend timeless charm with modern functionality. Anne also guides sellers in showcasing the unique appeal of their properties and assists investors in identifying opportunities with strong potential for growth.

Owning a home in a Toronto Heritage Conservation District (HCD) means becoming a steward of the city's architectural legacy. These properties offer unique character and investment potential, but they also come with specific considerations that every buyer should understand before making their purchase.

Where Are Toronto’s Heritage Conservation Districts?

Toronto has several designated heritage districts, each offering unique architectural charm and historic significance. Some of the most well-known districts include Cabbagetown, Queen Street West, Harbord Village, Unionville, and The Garment District, among others. Whether you’re drawn to Victorian streetscapes, century-old row houses, or preserved commercial buildings, Toronto’s HCDs offer a distinct real estate opportunity for buyers who appreciate historic charm.

For a full list of Heritage Conservation Districts, visit the City of Toronto’s Heritage Conservation Districts page.

Buying a Home in an HCD: Heritage Rules Every Buyer Should Know

If you’re purchasing a home in a heritage district, expect strict guidelines for exterior renovations to maintain the neighbourhood’s historic character. Any modifications—from window replacements to structural additions—must align with Toronto’s heritage preservation standards. Before making changes, homeowners must apply for a heritage permit, ensuring that updates respect the original architectural elements of the property.

Heritage Windows: What Homeowners Should Know Before Replacing Them

Replacing windows in a home within a Heritage Conservation District is not as simple as swapping old for new. Homeowners must adhere to heritage guidelines, which often require:

• Restoring original windows when possible – Repairs are preferred over replacements.

• Using historically accurate materials – New windows must match the original design and materials.

• Obtaining a heritage permit – Any visible changes to windows require approval.

Navigating Heritage Permits & Regulations

Before renovating a historic home, you’ll need approval from the City of Toronto Heritage Planning Department. The process requires submitting detailed plans, photos, and specifications to confirm that updates align with heritage guidelines. Major alterations—such as window replacements or structural modifications—may require additional approvals to preserve key architectural elements.

To obtain a permit, homeowners must submit an application to the City of Toronto’s Heritage Planning Department, including drawings, specifications, and photographs of the proposed changes.

Are Heritage Homes a Smart Investment?

Owning property in an HCD can have significant financial advantages. Studies show that heritage homes tend to maintain or increase in value due to their rarity, neighbourhood stability, and strong demand from buyers who appreciate architectural integrity. Additionally, restrictions on modern developments protect the district’s appeal, ensuring that historic streetscapes remain intact over time.

Where to Get Further Information

For more details on Heritage Conservation Districts in Toronto, check out these resources:

• City of Toronto Heritage Conservation Districts – Official guidelines and district listings.

• Ontario Heritage Trust – Provincial heritage conservation initiatives.

• Heritage Permit Guide – Step-by-step instructions for obtaining a permit.

Finding the Perfect Heritage Home with a Design-Forward Realtor

Buying a home in a heritage district is more than just finding a historic property—it’s about discovering a home with untapped potential while ensuring compliance with preservation rules. As a design-forward realtor specializing in heritage homes, I help buyers navigate Toronto’s heritage market with a strategic, informed approach.

With expertise in historical significance, architectural integrity, and restoration possibilities, I guide clients toward properties that offer charm, value, and lasting appeal. Whether you need insights on heritage permits, smart renovations, or market trends, my expertise ensures that you invest wisely in a timeless home with both beauty and profitability.

📞 Looking for a heritage home with character and investment potential? Let’s find the perfect property together—contact me today for expert real estate guidance! 

About Anne Lok, Broker  B. Arch, M.AAD.

Anne is a Toronto-based realtor with an architectural background, specializing in design-forward properties in historically rich neighbourhoods. She offers a customized approach for each client, helping buyers find homes that blend timeless charm with modern functionality. Anne also guides sellers in showcasing the unique appeal of their properties and assists investors in identifying opportunities with strong potential for growth.