The GTA’s Most and Least Expensive Neighbourhoods Right Now

These are the most and least affordable neighbourhoods in the Greater Toronto Area in February 2026.

By Kristin Doucet | 4 minute read

See which communities made the list in February 2026.

Home prices across the Greater Toronto Area vary widely depending on neighbourhood, property type, and local demand. From luxury enclaves in Oakville and North York to condo-heavy communities in Brampton and Toronto, the region offers a wide range of price points for buyers.

Drawing on Wahi’s analysis of February 2026 sales data in neighbourhoods five or more transactions, here’s a look at the GTA’s most expensive and most affordable communities right now.

1. Eastlake, Oakville

Eastlake tops the list as the most expensive neighbourhood in the GTA with a median sold price of $2,458,000. Located along Lake Ontario just east of downtown Oakville, the area is known for its luxury waterfront homes, quiet residential streets, and access to highly rated schools. Eastlake attracts affluent buyers seeking large detached homes and proximity to parks and the lakefront. The neighbourhood has also consistently ranked among the GTA’s most underbid areas, reflecting the premium price points typical of luxury markets.

2. Kingsway South, Etobicoke

With a median sold price of $2,298,000, Kingsway South is one of Toronto’s most established upscale neighbourhoods. The area is known for its stately homes, tree-lined streets, and village-style retail district along Bloor Street West. Many properties feature classic Tudor architecture alongside modern rebuilds, making the neighbourhood popular with affluent families who want suburban charm with easy access to downtown Toronto.

3. Ledbury Park, North York

Ledbury Park has become one of North York’s most desirable family neighbourhoods. The community posted a median sold price $2,281,000 and features a mix of older homes and newly built custom houses on quiet streets. Its appeal comes from the neighbourhood’s highly rated schools, nearby parks, and convenient access to major transit routes and shopping areas such as Avenue Road and Highway 401.

4. Hogg’s Hollow, North York

Hogg’s Hollow is one of Toronto’s most affluent residential pockets and had a median sold price of $2,269,000 last month. Tucked along the Don River valley, the neighbourhood offers a secluded setting with winding streets, large estate-style homes, and lush natural surroundings. The area’s distinctive architecture and proximity to golf courses and upscale amenities make it a longstanding favourite among luxury buyers.

5. York Mills, North York

York Mills rounds out the list with a median sold price of $2,135,000. Known for its spacious detached homes and prestigious reputation, the neighbourhood offers a mix of quiet residential streets and convenient access to major highways and transit. Despite its high home prices, York Mills has also been among the GTA’s most underbid neighbourhoods in recent years due to frequent underbidding in the luxury segment.

1. Queen Street Corridor, Brampton

With a median sold price of $407,000, Queen Street Corridor ranks as the GTA’s most affordable neighbourhood. The area is dominated by high-rise condominiums and apartment-style housing, which helps keep prices lower than in surrounding communities. Its central location in Brampton and access to transit and shopping make it a popular entry point for first-time buyers.

2. Flemingdon Park, North York

Flemingdon Park is a condo-heavy neighbourhood located just east of the Don Valley Parkway. The community posted a median sold price of $452,000 and offers relatively affordable housing within Toronto’s city limits. Flemingdon Park is known for its high-rise residential buildings and proximity to nearby parks, schools, and major commuter routes.

3. Core Mississauga, Mississauga

Core Mississauga offers a dense mix of high-rise condominiums near Square One Shopping Centre and major employment hubs. The neighbourhood had a median sold price of $475,000 and is well connected by transit and highways, making it attractive to buyers who want urban amenities and relatively affordable condo prices within the GTA.

4. Wallace Emerson, Old Toronto

Located near the Junction Triangle and Dovercourt-Wallace Emerson neighbourhoods, Wallace Emerson posted a median sold price of $485,000 and features a mix of older homes, condos, and rental apartments. Its proximity to downtown Toronto, transit options, and emerging restaurants and shops have made it an appealing option for buyers seeking value close to the city core.

5. Wismer, Markham

Rounding out the list with a median sold price of $499,500, Wismer is a suburban neighbourhood in Markham known for its family-friendly atmosphere and newer housing developments. While many homes are detached or semi-detached, the presence of townhouses and smaller properties helps keep median prices below the GTA average.