Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
From January to October 2026, freehold townhouse prices held up best in East Gwillimbury (median $835,000, down 2.9%) and Whitby ($765,000, down 4.4%), followed by Milton, Halton Hills and Burlington at about 6.6% to 6.7% lower, per TRREB MLS data via REALM. Every GTA municipality saw some decline; Markham fell most, 10.9%.
This guide is for townhouse owners deciding whether to sell in 2027 and for buyers who want a townhouse in a city where values have been steadier. You get the five GTA cities where freehold townhouse prices fell least in 2026, the best condo townhouse and Toronto results, and what a townhouse in each city costs to buy.
Are townhouse prices still falling in the GTA?
Yes. From January to October 2026, the median freehold townhouse price was lower than in the same months of 2025 in every GTA municipality outside Toronto, according to TRREB MLS data via REALM. Among cities with at least 50 sales, the drops ranged from 2.9% in East Gwillimbury to 10.9% in Markham. For a full price list by city, see my GTA townhouse prices guide.
Across the whole TRREB area, the median freehold row or townhouse sold for $830,000 in October 2026 and the median condo townhouse for $648,000. Freehold townhouses sold for 99% of asking on average that month, better than detached houses at 97%. CMHC’s July 2026 outlook expected Canadian home prices to decline through 2026 and grow only modestly afterward, so a city that held its value in 2026 is worth knowing about.
How did I rank where townhouse prices held up best?
I compared the median freehold townhouse price for January to October 2026 with the same period of 2025. A freehold townhouse is one you own outright with the land, with no condo fee. Condo townhouses are ranked separately below.
- GTA municipalities only: Toronto, Peel, York, Durham and Halton. Hamilton and Orangeville are in the data but left out.
- At least 50 freehold townhouse sales in 2026, so a few sales cannot swing the result. Georgina fell only 6.1% but on 27 sales, so it misses the cut.
- Toronto by district, covered in its own section.
| Freehold townhouse | 2024 median | 2025 median | 2026 median | Change vs 2025 | Change vs 2024 | 2026 sales | Avg days on market |
|---|---|---|---|---|---|---|---|
| 1. East Gwillimbury | $970,000 | $860,000 | $835,000 | -2.9% | -13.9% | 61 | 24 |
| 2. Whitby | $840,000 | $800,000 | $765,000 | -4.4% | -8.9% | 214 | 23 |
| 3. Milton | $910,000 | $867,000 | $810,000 | -6.6% | -11.0% | 360 | 26 |
| 4. Halton Hills | $895,000 | $875,500 | $817,500 | -6.6% | -8.7% | 54 | 27 |
| 5. Burlington | $949,999 | $921,750 | $860,000 | -6.7% | -9.5% | 156 | 31 |
| Brampton | $872,000 | $813,552 | $755,000 | -7.2% | -13.4% | 554 | 27 |
| Oshawa | $780,000 | $735,000 | $657,500 | -10.5% | -15.7% | 110 | 34 |
| Markham | $1,200,000 | $1,122,600 | $999,990 | -10.9% | -16.7% | 391 | 29 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025 and 2024. Freehold (non-condo) townhouses. Milton fell 6.57% and Halton Hills 6.62% before rounding.
Places three to five are separated by about a tenth of a percentage point, so treat them as a group. The bigger gap is between the top two and everyone else.
1. East Gwillimbury: down 2.9%
East Gwillimbury, in northern York Region, includes Holland Landing, Mount Albert, Queensville and Sharon. Its 61 freehold townhouse sales had a median of $835,000, down just 2.9%. Homes sold in 24 days, the same as in 2025, and there were only 13 freehold townhouses for sale at the end of October 2026.
The catch: the steadiness is recent. The median had already dropped from $970,000 in 2024 to $860,000 in 2025. Over two years, East Gwillimbury is down 13.9%, more than most of the list. A small market of newer homes can also swing with the mix of homes that happen to sell.
2. Whitby: down 4.4%
Whitby is the most consistent result on this list. Its median freehold townhouse fell 4.8% in 2025 and 4.4% in 2026, to $765,000, on 214 sales. Townhouses sold in 23 days, unchanged from 2025, and in October 2026 they sold for 99% of asking. Communities include Brooklin, Taunton North, Williamsburg and Port Whitby.
Who it suits: buyers who want a freehold townhouse under $800,000 with a short selling time if they move again. Whitby was also among the fastest-selling GTA cities overall in 2026.
3. Milton: down 6.6%
Milton is one of the GTA’s busiest freehold townhouse markets, with 360 sales from January to October 2026, behind only Brampton and Markham. The median was $810,000, down 6.6%. Most of Milton’s townhouses are in its newer neighbourhoods, such as Bowes, Cobban, Ford, Harrison, Walker and Willmott.
What to check: selling time is slipping. Milton townhouses took 26 days in 2026 against 21 in 2025, and in October they averaged 32 days. Sellers should price for that, and buyers have a bit more room to negotiate than the median suggests.
Free tool — what can you actually afford?
4. Halton Hills: down 6.6%
Halton Hills covers Georgetown, Acton and Glen Williams. Its 54 freehold townhouse sales had a median of $817,500, down 6.6%. Over two years it fell 8.7%, the best two-year result in the top five, just ahead of Whitby at 8.9%.
Who it suits: buyers who want a smaller-town setting in Halton at a lower price than Oakville or Burlington. Supply is thin, with 22 freehold townhouses listed at the end of October 2026, so the right home may take patience to find.
5. Burlington: down 6.7%
Burlington’s median freehold townhouse sold for $860,000 on 156 sales, down 6.7%. Burlington was also the GTA city where detached prices held up best in 2026, which I covered in where detached prices held up best. Communities include Alton, Orchard, Headon, Palmer, Tansley and Uptown.
What to check: Burlington townhouses were the slowest of the five at 31 days, up from 24 in 2025. For more on the three Halton markets, see my Halton housing market outlook.
Where did condo townhouse prices hold up best?
Condo townhouses come with a monthly fee and are usually cheaper. Using the same test of at least 50 sales, Oakville held up best.
| Condo townhouse | 2025 median | 2026 median | Change vs 2025 | 2026 sales |
|---|---|---|---|---|
| Oakville | $744,500 | $712,500 | -4.3% | 168 |
| Ajax | $662,500 | $625,000 | -5.7% | 50 |
| Vaughan | $817,500 | $768,000 | -6.1% | 87 |
| Pickering | $650,000 | $608,000 | -6.5% | 146 |
| Burlington | $744,000 | $691,000 | -7.1% | 372 |
Source: TRREB MLS data via REALM, January–October 2026 vs 2025. Condo townhouses, GTA municipalities with at least 50 sales.
Richmond Hill and Aurora condo townhouses fell 15.6% each. If you are weighing the two types, my guide to freehold vs condo townhouses covers fees, rules and resale.
Which Toronto districts held townhouse prices?
Inside Toronto, the freehold townhouse median was flat in E02 (The Beaches and East End-Danforth) at $1,106,000, and fell only 1.2% in W02 (the Junction and Bloor West Village) to $1,205,000. W06 (Mimico, New Toronto, Long Branch and Alderwood) fell 2.8%, E04 (Scarborough’s Dorset Park and Wexford-Maryvale area) 3.3% and W05 4.7%. These are districts with at least 20 freehold townhouse sales, using TRREB MLS data via REALM. At the other end, C13 fell 16.4% and E11 16.2%.
What does a townhouse in these cities cost to buy in 2027?
Here is the upfront cost of each city’s 2026 median freehold townhouse with the minimum down payment. Below 20% down, CMHC mortgage insurance is required; at these loan sizes the premium is 4.00% of the loan, added to the mortgage.
| City | Median 2026 | Minimum down | 20% down | CMHC premium at minimum down | Ontario land transfer tax |
|---|---|---|---|---|---|
| Whitby | $765,000 | $51,500 | $153,000 | $28,540 | $11,775 |
| Milton | $810,000 | $56,000 | $162,000 | $30,160 | $12,675 |
| Halton Hills | $817,500 | $56,750 | $163,500 | $30,430 | $12,825 |
| East Gwillimbury | $835,000 | $58,500 | $167,000 | $31,060 | $13,175 |
| Burlington | $860,000 | $61,000 | $172,000 | $31,960 | $13,675 |
Source: medians from TRREB MLS data via REALM, Jan–Oct 2026. Minimum down: 5% of the first $500,000 and 10% of the rest. CMHC premium: 4.00% of the loan for 90.01–95% loan-to-value, 25-year amortization. Ontario land transfer tax brackets from ontario.ca; first-time buyers can get up to $4,000 back. No Toronto tax applies outside Toronto.
A median that held up is not a promise your townhouse will. Medians move with the mix of homes that sell, and in small markets like East Gwillimbury and Halton Hills a few newer or larger homes can lift the figure. Price your own home on sales of the same style, size and age on nearby streets.
If I were buying a townhouse to live in for five years or more, Whitby’s steady, gradual declines and quick selling times would put it near the top of my list, with Milton for buyers who want more choice. If I were selling in Milton or Burlington, I would price to the 2026 market from day one, because selling times there got longer this year. Use the affordability tool above to test a payment before you commit, and see my picks of places to buy a townhouse under $1 million for more options.
What to do next
- Check your city’s freehold or condo townhouse median for 2026 against what similar homes on your street sold for.
- Run your numbers in the affordability tool above, including the CMHC premium if you have less than 20% down.
- Get a mortgage pre-approval at current rates; prime rose to 4.70% after the Bank of Canada’s October 2026 increase.
- For a condo townhouse, read the status certificate and reserve fund study before you firm up.
- Book a call if you want a price check on a specific townhouse or street.
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
Where are townhouse prices holding up in the GTA?
East Gwillimbury held up best in 2026. Its median freehold townhouse price fell only 2.9% to $835,000 from January to October 2026, according to TRREB MLS data via REALM. Whitby fell 4.4%, and Milton, Halton Hills and Burlington each fell about 6.6% to 6.7%. Every GTA municipality saw some decline.
Are townhouse prices dropping in the GTA in 2026?
Yes. From January to October 2026, median freehold townhouse prices fell in every GTA municipality outside Toronto compared with 2025. Among cities with at least 50 sales, drops ranged from 2.9% (East Gwillimbury) to 10.9% (Markham), according to TRREB MLS data via REALM. Condo townhouses fell between 4.3% (Oakville) and 15.6% (Richmond Hill and Aurora).
What is the average price of a townhouse in the GTA in 2026?
In October 2026, the median freehold row or townhouse across the TRREB area sold for $830,000 and the median condo townhouse for $648,000, according to TRREB’s Market Watch. Among GTA cities with at least 50 sales, January to October 2026 freehold medians ranged from $647,850 in Clarington to $1,040,000 in Richmond Hill.
Which GTA city had the biggest townhouse price drop in 2026?
Markham had the largest drop among GTA cities with at least 50 sales. Its median freehold townhouse fell 10.9% to $999,990 from January to October 2026, according to TRREB MLS data via REALM. Oshawa fell 10.5%, and Stouffville, Richmond Hill and Clarington fell between 9.4% and 9.9%.
How much is a townhouse in Whitby in 2026?
The median freehold townhouse in Whitby sold for $765,000 from January to October 2026, down 4.4% from $800,000 in 2025, according to TRREB MLS data via REALM. The median condo townhouse sold for $617,500. Whitby townhouses sold in 23 days on average, among the fastest in the GTA.
How much is a townhouse in Milton in 2026?
The median freehold townhouse in Milton sold for $810,000 from January to October 2026, down 6.6% from $867,000 in 2025, according to TRREB MLS data via REALM. Milton had 360 freehold townhouse sales, the third most in the GTA after Brampton and Markham. Condo townhouses had a median of $620,000.
How much down payment do I need for an $800,000 townhouse in Ontario?
At least $55,000. Canada’s minimum is 5% of the first $500,000 ($25,000) plus 10% of the remaining $300,000 ($30,000). With less than 20% down you also need mortgage insurance; CMHC’s premium is 4.00% of the loan at that level, added to your mortgage. These rules applied as of November 2026.
Will townhouse prices go up in the GTA in 2027?
No one can say for sure. CMHC’s July 2026 outlook expected Canadian home prices to decline through 2026 and grow only modestly afterward, and the Bank of Canada raised its rate to 2.50% in October 2026. My view is that well-priced freehold townhouses in steady markets like Whitby are likely to hold better than condo townhouses.
Is a freehold townhouse a better investment than a condo townhouse in the GTA?
In 2026, freehold townhouses generally held value better. In GTA cities with at least 50 sales, freehold medians fell 2.9% to 10.9%, while condo townhouse medians fell 4.3% to 15.6%, according to TRREB MLS data via REALM. Freeholds also sold faster in most cities and carry no condo fee, though they usually cost more to buy.
Sources
- TRREB Market Watch, October 2026
- CMHC: Summer Update, 2026 Housing Market Outlook
- Ontario: Calculating land transfer tax
- TRREB community report, East Gwillimbury Q2 2026
- TRREB community report, Whitby Q2 2026
- TRREB community report, Milton Q2 2026
- TRREB community report, Halton Hills Q2 2026
- TRREB community report, Burlington Q2 2026
Related reading
- Top 5 Best Neighbourhoods to Live in Mississauga in 2027
- Top 5 Best Neighbourhoods to Live in Brampton in 2027
- Top 5 Best Neighbourhoods to Live in Markham in 2027
- Top 5 Best Neighbourhoods to Live in Oakville in 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.