The GTA’s Most Expensive and Most Affordable Neighbourhoods

See which five communities topped the charts for price and value in August 2025.

By Kristin Doucet | 2 minute read

Discover the GTA’s five most expensive and most affordable neighbourhoods in August 2025, with insights on where buyers can find the best value.

The Greater Toronto Area (GTA) real estate market runs the gamut, from multimillion-dollar estates in Oakville and Toronto’s priciest pockets to budget-friendlier condos in Mississauga, Brampton, and North York. To show just how wide the gap is, Wahi analyzed August 2025 sales data and uncovered the region’s five most and least expensive neighbourhoods.

1. Eastlake, Oakville — $3,881,334
Topping the list, Eastlake, Oakville, posted a median sold price of nearly $3.9 million. Known for sprawling estates, proximity to Lake Ontario, and prestigious schools, Eastlake has been one of the most consistently underbid GTA neighbourhoods in the last two years. This has been attributed to the high price points of the newer luxury custom homes prevalent in this community. Custom homes can be more difficult to set a realistic price for due to a lack of comparable properties with similar features in the area. Last month, Eastlake was the most underbid neighbourhood once again, with a median underbid amount of -$206,166.

2. Forest Hill, Toronto — $3,370,000
Forest Hill continues to define old-money Toronto prestige. The median sold price exceeded $3.3 million, and it took fifth place for the top-5 most underbid neighbourhoods in August, posting a median underbid amount of -$158,000. Properties in this community often command premium values for their historic architecture, tree-lined streets, and central location.

3. Old Oakville, Oakville — $2,700,000
Another Oakville gem, Old Oakville blends heritage charm with modern luxury. Median prices hit $2.7 million in August, and homes here often attract buyers seeking walkable amenities along Lakeshore Road combined with waterfront living.

4. Hogg’s Hollow, North York — $2,597,500
Nestled in a ravine setting, Hogg’s Hollow offers luxury with seclusion. The neighbourhood saw a median price just under $2.6 million, with its winding roads and estate-style homes continuing to draw affluent buyers seeking privacy and a more natural setting within the city.

5. Ledbury Park, North York — $2,560,000

Ledbury Park rounds out the top five, posting a $2.56 million median. Known for modern rebuilds replacing older postwar homes, this area has become a hotspot for families who want large homes, good schools, and easy access to Toronto’s core.

1. Yorkdale, North York — $472,500
At under $500,000, Yorkdale registered the lowest median sold price in August. This condo neighbourhood offers a foothold for first-time buyers, largely through condo ownership near transit and Yorkdale Shopping Centre.

2. Queen Street Corridor, Brampton — $480,000
Condo inventory dominates Brampton’s Queen Street Corridor, with a median price of $480,000. Affordability and commuter-friendly access to Toronto continue to make it appealing to younger buyers.

3. Fairview, Mississauga — $492,000
Located near Square One shopping centre, Fairview homes sold for a median of $492,000. The neighbourhood offers a mix of accessibility and affordability, as well as a diverse mix of property types.

4. Pine Valley Business Park, Vaughan — $495,000
Primarily known as a commercial area, Pine Valley Business Park surprisingly makes the list with a $495,000 median, reflecting its growing stock of more affordable condo residences.

5. Core Mississauga — $509,000
Mississauga’s downtown core offers a large, active condo market. The area is known for its one- and two-bedroom condos, making it an affordable and accessible hub for young professionals.
Last month, nearly eight-in-10 homes across the GTA sold for under asking, which means buyers still have the upper hand. Whether you’re shopping for your first condo or thinking about upgrading to a dream home, you’ve got the breathing room to explore different neighbourhoods and find a place that truly fits your budget.