Published 16 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Hold offers when your home is scarce and likely to attract several buyers at once; accept offers anytime when buyers have plenty of choice. In August 2026, City of Toronto homes sold at an average of 97% of asking and condos at 96%, so many listings, especially condos, suit an offers-anytime approach with a realistic price. Under TRESA, sellers can choose whether competing offer details are disclosed.
How the two strategies work
| Hold offers (offer date) | Offers anytime | |
|---|---|---|
| How it works | Price may be set to attract attention; offers reviewed on a set date | Offers considered as they arrive |
| Best when | Scarce property, strong demand | Plenty of competing listings |
| Risk | No offers on the date, listing looks stale | Leaving money on the table if demand is high |
| Bully offers | Buyers may try to pre-empt the date | Not needed |
What the 2026 numbers suggest
In August 2026, W06 detached homes sold at 100% of asking while W06 condos sold at 96% with 232 active listings. That split is typical: scarce detached homes can support an offer date; condos in buildings with many listings usually do better with a fair list price and offers anytime.
Rules that apply in Ontario
- Offers should be in writing to be treated as competing offers.
- Under TRESA, the seller can decide whether to disclose the details of competing offers to buyers.
- Buyers who made written offers can ask RECO how many offers a property received.
- Agents must follow the seller’s lawful instructions on how offers are handled.
See bully offers and competing offers.
Estimate demand with a real price
Use the estimator below, then compare with competing listings.
Free tool — AI home value estimator
Instant Home Valuation
What’s your home
worth today?
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
—
$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.
—
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.
How to decide
- Count competing active listings like yours.
- Check recent sale-to-list ratios in your pocket.
- Gauge showing and inquiry volume in the first days.
- Decide how you will handle a bully offer before listing.
Where I fit
I am Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I will show you the competition and sale-to-list data for your home and recommend the strategy in writing, anywhere in Toronto and the GTA.
The takeaway
Hold offers only when your home is scarce and demand is strong; otherwise list at a fair price and accept offers anytime. Condos with many competing listings rarely suit offer nights. Decide on bully offers and disclosure before you list.
Talk it through with me
Which offer strategy suits your home?
Send your address. I will send the competition, sale-to-list data and my recommendation.
I will come back to you personally, usually the same day. If it is urgent, call or text 833-330-1925.
Frequently asked questions
Should I hold offers when selling in Toronto?
Only if your home is scarce and likely to draw several buyers at once. With many competing listings, offers anytime usually works better.
What is an offer date?
A set date and time when the seller reviews all offers together.
What is a bully offer?
An offer submitted before the offer date to try to buy the home before others can compete.
Can sellers disclose competing offer details in Ontario?
Under TRESA, the seller can decide whether competing offer details are disclosed.
Do I have to accept the highest offer?
No. Sellers can weigh price, deposit, conditions and closing date.
Are condos good for offer nights?
Usually not when many similar units are for sale; condos sold at 96% of asking on average in Toronto in August 2026.
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.
- Real Estate Council of Ontario (RECO) — public register of registrants, registration categories and disciplinary decisions. Accessed 16 September 2026.
- Trust in Real Estate Services Act, 2002 — the statute governing Ontario real estate registrants, in force in its current form since 1 December 2023. Accessed 16 September 2026.
Related reading
- Bully offers and competing offers
- Offer strategy for condos
- Client vs self-represented party
- How long it takes to sell in Toronto
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.