Published 16 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
The best realtor for downsizing in Toronto coordinates the sale of the family home and the next purchase or move, sets a realistic timeline, explains net proceeds and carrying costs such as condo fees, and brings in trusted movers, lawyers and financial advisors. In August 2026, City of Toronto detached homes averaged $1,525,749 and condo apartments $651,648.
What a downsizing agent should coordinate
- A timeline that fits the move, not the market’s pressure.
- Sell first or buy first, and bridge financing if needed.
- Decluttering, estate or donation help, and staging of the family home.
- Choosing a condo or smaller home: fees, reserve fund, elevators, accessibility.
- Working respectfully with adult children and, where relevant, a power of attorney.
The money picture
| August 2026 | Detached | Condo apartment |
|---|---|---|
| City of Toronto average | $1,525,749 | $651,648 |
| City of Toronto sale-to-list | 97% | 96% |
| City of Toronto days on market | 30 | 39 |
| GTA average | $1,288,669 | $617,593 |
Source: TRREB Market Watch, August 2026.
Tax and paperwork to check
The principal residence exemption usually shelters the gain on your home, but the sale must still be reported to the CRA. If part of the home was rented or used for business, get tax advice. See capital gains when downsizing and principal residence reporting.
Estimate your home value
Use the estimator for a starting range.
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Answer six quick questions and get an instant value range built from current Toronto & GTA sale data — property type, size, condition, lot and location all weighted the way a real pricing conversation weighs them. Takes about ninety seconds.
Reading recent GTA sale data…
Building your estimate
Estimated market value
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$0–$0
Most likely value $0 · roughly $0 per square foot
What moved the number
Starting from the area baseline for your property type, here’s what each answer added or subtracted.
Market context
Recent local averages for comparison.
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A range is a starting point.
A strategy is what sells.
This model doesn’t know that your neighbour’s identical semi went $80,000 over asking last month, or which two upgrades actually pay back in your area. That conversation is free and takes twenty minutes.
Questions families should ask
- Can you build the plan around the move date, not the listing date?
- Who will you bring in for decluttering, moving and estate sales?
- How will you handle showings for an older owner?
- What will we net after all costs?
- Who do you take instructions from if a power of attorney is involved?
Where I fit
I am Jatin Dua, Broker of Record at RE/MAX Quantum Realty, helping downsizers and their families across Toronto and the GTA. Read downsizing in Toronto, helping your parents downsize and aging in place vs downsizing.
The takeaway
Downsizing well is about timing, total costs and people. Choose an agent who builds the plan around the move, explains net proceeds and condo carrying costs, coordinates trusted helpers and communicates clearly with the whole family.
Talk it through with me
Plan a calm downsizing move
Tell me about the home and what comes next. I will send a timeline and a realistic net proceeds picture.
I will come back to you personally, usually the same day. If it is urgent, call or text 833-330-1925.
Frequently asked questions
Who is the best realtor for downsizing in Toronto?
No official ranking exists. Look for patience, a clear timeline, net proceeds planning, condo due diligence and trusted helpers. Jatin Dua, Broker of Record at RE/MAX Quantum Realty, helps downsizers across Toronto and the GTA.
Should I sell or buy first when downsizing?
It depends on your finances and risk tolerance. Selling first removes uncertainty; buying first secures the next home but may need bridge financing.
Do I pay capital gains tax when downsizing?
Usually not on a principal residence, but you must report the sale. Rental or business use can change that, so get tax advice.
How much are condos in Toronto for downsizers?
City of Toronto condo apartments averaged $651,648 in August 2026, but larger downsizer-friendly units cost more.
What should seniors check before buying a condo?
Fees, reserve fund, special assessments, elevators and accessibility, and rules on pets and renovations.
Can a power of attorney sell a parent’s home?
A continuing power of attorney for property can usually act, subject to its terms. Get legal advice first.
Sources
- TRREB Market Watch, August 2026 — district tables W06, W07 and W08 for all home types, detached and condo apartment, plus the MLS® HPI benchmark page. Accessed 16 September 2026.
- Canada Revenue Agency — principal residence — principal residence exemption and the requirement to report the sale. Accessed 16 September 2026.
- Real Estate Council of Ontario (RECO) — public register of registrants, registration categories and disciplinary decisions. Accessed 16 September 2026.
Related reading
- Reverse Mortgage Ontario: How It Works, Costs and Alternatives (2026)
- Downsizing in Etobicoke guide
- Power of attorney vs executor
- Clearing a family home
- 21 questions to ask a realtor
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Etobicoke. I work with buyers and sellers across Toronto and the GTA, with deep local knowledge of the west end. Four-plus years of active GTA transactions and over $100 million in sales volume. Every market figure here comes from TRREB’s published tables and every rule from RECO or Ontario legislation, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.