Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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Toronto condo apartments that sold from January to October 2026 spent about 38 days on the market on average, up from about 30 in 2024 (TRREB MLS data via REALM). Add one to three weeks to prepare and a negotiated closing period, and most sellers should plan for about three to four months in total.
This guide is for Toronto condo owners planning a sale in 2027 who want a realistic timeline, not a sales pitch. You will get real days-on-market numbers by district, what those numbers leave out, and the full timeline from the day you start preparing to the day the money lands.
How long does it take to sell a condo in Toronto right now?
About five to six weeks on the market, on average, for condos that actually sell. Across Toronto’s districts, condo apartments that sold from January to October 2026 spent an average of about 38 days on the market. That figure is my sales-weighted average of the district numbers in TRREB MLS data via REALM.
The latest month is similar. In October 2026, TRREB reported 949 condo apartment sales in the City of Toronto, with an average of 36 days on market. On average, those condos sold for about 97% of their list price. There were 5,251 condo apartments listed for sale at the end of the month.
Put those two numbers together and you see the real challenge. At October’s pace, the condos on the market would take about five and a half months to sell, by my rough math. Buyers have a lot of choice, and they use it.
How has condo selling time changed since 2024?
It has gotten slower each year. The table below shows the Toronto-wide picture built from the district data.
| City of Toronto condo apartments, Jan–Oct | 2024 | 2025 | 2026 |
|---|---|---|---|
| Average days on market (sales-weighted across districts) | 29.5 | 35.8 | 38.2 |
| Sales (all districts combined) | 10,618 | 9,295 | 9,173 |
| Downtown C01 median price | $680,000 | $642,650 | $600,000 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025 and 2024. Toronto-wide figures are my sums and sales-weighted averages of the district data.
So a condo that sold in about four weeks in 2024 took closer to five and a half weeks in 2026. Prices also slipped. Most Toronto districts saw condo medians fall between 5% and 15% from 2025 to 2026. If you want the district-by-district price story, see are condo prices going down in Toronto.
Which Toronto areas sell condos fastest and slowest?
Selling time depends a lot on where your building is. Here are the faster and slower districts, plus the two biggest downtown markets.
| District (sample communities) | Avg. days on market 2024 | Avg. days on market 2026 | Sales 2026 | Median 2026 |
|---|---|---|---|---|
| E06 (Birchcliffe-Cliffside, Oakridge) | 31 | 29 | 36 | $569,500 |
| W02 (Junction Area, High Park North) | 21 | 31 | 141 | $612,500 |
| E01 (South Riverdale, Greenwood-Coxwell) | 20 | 33 | 114 | $670,000 |
| C10 (Mount Pleasant East and West) | 29 | 35 | 357 | $610,000 |
| C01 (Bay Street Corridor, Waterfront Communities C1) | 30 | 37 | 2,138 | $600,000 |
| C08 (Church-Yonge Corridor, Waterfront Communities C8) | 31 | 38 | 1,257 | $565,000 |
| W08 (Islington-City Centre West) | 31 | 38 | 507 | $525,000 |
| C15 (Bayview Village, Don Valley Village) | 27 | 39 | 530 | $526,750 |
| E08 (Cliffcrest, Guildwood, Scarborough Village) | 26 | 41 | 103 | $440,000 |
| W10 (Rexdale-Kipling, Mount Olive-Silverstone-Jamestown) | 28 | 43 | 84 | $401,000 |
| W03 (Weston-Pellam Park, Keelesdale-Eglinton West) | 33 | 46 | 46 | $566,950 |
| W05 (York University Heights, Black Creek) | 34 | 49 | 140 | $450,000 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2024. District-level figures only; community names from TRREB’s Q2 2026 community reports. Averages are for sold listings.
A few things stand out. Smaller east-end and west-end districts with fewer condos, such as E06 and W02, sold fastest, but small samples swing a lot. Downtown C01 and C08 are in the middle on speed, but they are huge markets with heavy competition, and a unit can be up against several similar units in the same building. The slowest districts, like W05 and W03, are areas where buyers had plenty of choice and less urgency.
What does “days on market” leave out?
Two big things. First, the average only counts condos that sold. Units that were listed, sat, and were taken off the market without selling are not in the number at all. In a slow market, that group can be large.
Second, the usual figure counts days on the current listing only. TRREB also reports “property days on market”, which adds up time across earlier listings of the same property. Across all GTA home types in October 2026, sold homes averaged 31 days on their final listing but 49 days when earlier listings were included. That 18-day gap is what relisting hides. I explain this in more detail in what the days-on-market number hides.
So when someone tells you condos sell in about a month, read that as “condos that are priced right sell in about a month”.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
What is the full timeline to sell a Toronto condo, start to finish?
Days on market is only one stage. Here is how I lay out the whole process with sellers. The time ranges are my planning estimates, not official figures.
- Prepare (one to three weeks). Clean, repair, declutter, get photos and a floor plan done, and order the status certificate.
- Market the condo (about five to six weeks on average in 2026). Well-priced units in busy districts can go faster. Overpriced units can sit for months.
- Negotiate and firm up (a few days to about two weeks). Many buyers make offers conditional on financing or a lawyer’s review of the status certificate. The sale is not firm until those conditions are removed.
- Close (negotiated). The closing date is whatever you and the buyer agree to. Buyers who need to sell first, or who are waiting on a mortgage, often ask for more time.
In my view, most Toronto condo owners should plan for about three to four months from the first day of preparation to closing, and longer if the price is off. If you need the money by a fixed date, work backwards from that date before you list.
How does the status certificate affect how long a condo sale takes?
A status certificate is the condo corporation’s official package on the unit and the building. It covers things like fees, the reserve fund and any legal issues. Buyers and their lawyers rely on it.
According to the Condominium Authority of Ontario, condo corporations must offer a status certificate within 10 days for a fee of up to $100, including taxes. Some corporations charge more for faster delivery.
If you wait until you have an offer to order it, the buyer’s condition period has to cover those 10 days. That stretches your timeline and gives the buyer more time to change their mind. Ordering it before you list lets buyers review it quickly, which can shorten or even remove that condition.
Why do some Toronto condos sell in two weeks and others sit for months?
Most of the difference comes down to a few things:
- Price against the competition. Buyers compare your unit with every similar unit for sale in your building and nearby. If yours is not the best value, it waits.
- Monthly cost. High condo fees reduce what a buyer can borrow and pay. Two units with the same price but different fees will not sell at the same speed.
- Layout and size. Practical layouts with real bedrooms usually attract more buyers than small or awkward units.
- Parking, locker and exposure. These still move both price and speed in many buildings.
- The building itself. Reserve fund health, special assessments, ongoing repairs and how many units are listed at once.
- Tenants. A tenanted unit appeals mostly to investors and can be harder to show. See how much less a tenanted condo is worth.
If your condo has already been listed without success, start with why your condo is not selling.
The first two weeks decide most Toronto condo sales. That is when your listing is new and buyers who have been waiting take a look. If you price high “to test the market”, you spend that window on people who will not pay it, and the listing goes stale. I would rather price at the value the sold data supports, have the status certificate ready on day one, and let buyers compete for a fair unit.
How can I sell my Toronto condo faster in 2027?
- Price from sold units, not listings. Use recent sales in your building and similar nearby buildings, adjusted for floor, view, parking and condition.
- Beat the units around you. Check what is for sale in your building right now. Being the best-value unit matters more than matching the highest list price.
- Fix the small things. Paint, lighting, caulking and a deep clean cost little and show up in photos.
- Get the paperwork ready. Status certificate, parking and locker details, and any rental agreement if the unit is tenanted.
- Make showings easy. The more people who can see the condo in the first two weeks, the better your odds.
- Know your listing agreement. RECO says there is no standard length for a listing agreement, so agree on an end date that fits your plan.
Do not buy your next home with a firm deal that depends on selling your condo by a set date unless you have a backup plan. With about five and a half months of condo supply on the market in October 2026, a unit can take longer than you expect. A bridge loan or a longer closing on your purchase can protect you. Talk to your lender before you sign.
Is it better to list my condo in winter or spring 2027?
Both can work. Spring often brings more buyers, but it also brings more new listings, and Toronto already has plenty of condos for sale. Winter has fewer buyers, but those who are looking tend to be serious, and you face less competition.
Interest rates add uncertainty. The Bank of Canada raised its policy rate to 2.50% on 28 October 2026 and said more increases could be needed. Its next decision is on 9 December 2026. My view is cautious: if you are ready now and priced right, there is no clear reason to wait. For the decision itself, read should I sell my Toronto condo now or wait, and check how much you will walk away with after costs.
What to do next
- Use the condo estimator above to get a first price range for your unit.
- Look up every unit for sale in your building and nearby buildings, and note how long each has been listed.
- Order your status certificate before you list so buyers can review it quickly.
- Set your closing date needs, then work backwards to pick a listing date.
- Book a pricing review built on recent sold units in your building before you go live.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
How long does it take to sell a condo in Toronto?
About 38 days on the market, on average, for Toronto condo apartments that sold from January to October 2026, based on TRREB MLS data via REALM. In October 2026 alone, TRREB reported an average of 36 days. Add preparation time before listing and the closing period after, and most sellers should plan for about three to four months in total.
Are Toronto condos taking longer to sell in 2026?
Yes. Toronto condo apartments averaged about 38 days on market from January to October 2026, compared with about 36 days in 2025 and about 30 days in 2024. Those are sales-weighted averages of district figures from TRREB MLS data via REALM. Sales also fell, from 10,618 in 2024 to 9,173 in 2026 for the same months.
Which Toronto area sells condos the fastest?
Among Toronto districts, E06 (Birchcliffe-Cliffside and Oakridge) had the shortest condo selling time from January to October 2026, at 29 days on average, followed by W02 (Junction area and High Park North) at 31 days. Both are small markets, so a few sales can shift the average. Figures are from TRREB MLS data via REALM.
How many condos are for sale in Toronto right now?
TRREB reported 5,251 condo apartments for sale in the City of Toronto at the end of October 2026, against 949 sales that month. At that pace, it would take about five and a half months to sell all of them. That is a lot of choice for buyers, which is why pricing matters so much.
How long does it take to get a condo status certificate in Ontario?
Ontario condo corporations must offer a status certificate within 10 days for a fee of up to $100, including taxes, according to the Condominium Authority of Ontario. Some offer faster service for an extra fee. Toronto sellers who order it before listing can let buyers review it right away, which can shorten the conditional period.
How long after an accepted offer does a condo sale close in Toronto?
There is no fixed time. In Ontario, the closing date is whatever the buyer and seller agree to in the agreement of purchase and sale. Buyers who need to sell another home or arrange a mortgage often ask for a longer closing. Before you accept, make sure the closing date fits your own plans and any home you are buying.
Why is my Toronto condo not selling?
Most Toronto condos that sit are priced above the best-value similar units nearby. With 5,251 condo apartments for sale in the city at the end of October 2026, buyers compare carefully. High condo fees, an awkward layout, no parking, a tenant or building issues in the status certificate can also slow a sale.
Is spring 2027 a better time to sell a Toronto condo?
Not always. Spring often brings more buyers to Toronto, but also more condos for sale, so competition rises too. A well-priced condo listed in winter faces fewer rival listings and often draws serious buyers. If you are ready and your price is right, waiting for spring does not guarantee a faster or higher sale in 2027.
Does days on market include condos that did not sell?
No. The average days on market reported for Toronto counts only listings that sold. Condos that were listed and taken off without selling are left out. TRREB’s property days on market also counts earlier listings of the same home, and across GTA homes in October 2026 it was 49 days, versus 31 for the final listing alone.
Sources
- TRREB Market Watch, October 2026
- TRREB Community Housing Market Report, Toronto Central, Q2 2026 (district communities)
- TRREB Community Housing Market Report, Toronto West, Q2 2026 (district communities)
- TRREB Community Housing Market Report, Toronto East, Q2 2026 (district communities)
- Condominium Authority of Ontario: What is a status certificate?
- RECO: Signing a contract with a real estate brokerage
- Bank of Canada: Policy rate announcement, 28 October 2026
Related reading
- Seller Closing Costs in Ontario for 2027: Every Fee Before You Get Paid
- How to Sell a House in Toronto, Step by Step (2027)
- Closing Costs on a New Build in Ontario: What Builders Add
- How Much Is My House Worth in Caledon? (2027)
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, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.