–<\/span><\/p>\n Wahi ranks the most and least expensive Toronto electoral ridings for single-family homes and condos and examines how prices have evolved since the last time the writ dropped.<\/span><\/em><\/p>\n TORONTO<\/a>, ONT. \u2014April 22, 2025 \u2014 Canadians are headed to the polls on April 28 for the 45th federal election. Ahead of the big day, Wahi has mapped home prices by property type in each of Toronto\u2019s 24 electoral districts, or ridings.<\/span><\/p>\n Since the 44th election four years ago, when Justin Trudeau, then the leader of the Liberal party, won a third term, prices for single-family homes \u2014 including detached and semi-detached homes as well as row and townhouses \u2014 climbed in eight ridings, fell in 15 ridings, and were flat in one. The median price of a single-family home in Toronto in the first quarter of this year ($1,286,000) is roughly unchanged compared to four years prior.<\/p>\n <\/p>\n Unsurprisingly, given the weakness in the mid- and high-rise markets, prices for condos declined in 16 ridings, remained flat in four, and increased in just three over this period. The few ridings in which condo prices appreciated were found in the city\u2019s west end (Etobicoke<\/a> Centre, Etobicoke North, Humber River\u2014Black Creek). Condos include townhouses with monthly maintenance fees. The median price of a Toronto condo as of the first quarter ($630,000) has fallen 4% since the last election.<\/p>\n <\/p>\n Toronto Ridings with the Most (and Least) Expensive Single-Family Homes<\/strong><\/p>\n In the first quarter, the most expensive ridings for single-family homes in Toronto were concentrated in and around Midtown Toronto. Don Valley West had the highest median single-family home price at $2,303,607. That makes it the only riding with a median house price above $2 million. The electoral district encompasses 14 neighbourhoods and notably includes the Bridle Path<\/a>, one of Toronto\u2019s most affluent communities. While prices in Don Valley West are down 10% since the last election, most GTA<\/a> ridings saw percentage fluctuations in the single digits.<\/p>[\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”17px” text_line_height=”1.9em” header_2_font_size=”22px” header_2_line_height=”1.1em” custom_margin=”||||false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]
The analysis compares median prices from the first quarter of this year to where they stood in the third quarter of 2021, when the last federal election took place. Note that the comparison period comes at the tail end of a meteoric rise in home prices during the pandemic, as 2022 was a banner year for Toronto home prices. Declines since then represent a fall from all-time highs.<\/span><\/p>[\/et_pb_text][et_pb_image src=”https:\/\/wahi.com\/wp-content\/uploads\/2025\/04\/toronto-federal-ridings-home-prices.png” _builder_version=”4.27.4″ _module_preset=”default” alt=”City of Toronto Federal Ridings Home Prices” title_text=”toronto-federal-ridings-home-prices” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”17px” text_line_height=”1.9em” header_2_font_size=”22px” header_2_line_height=”1.1em” custom_margin=”||||false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]