03/17/2026
What $100k, $150k and $200k can actually buy you in the GTA
💰 $100K Household Income
Estimated home price: about $400K – $500K
Typical mortgage qualification:
• Around $400K mortgage depending on debts and rates.
• Total home price usually $450K-$500K with a small down payment.
What that buys in the GTA
• Small studio or 1-bedroom condo
• Older condos in Scarborough, North York, or Etobicoke
• Entry-level condos in Durham Region (Ajax, Pickering, Oshawa)What that buys in the GTA
• Small studio or 1-bedroom condo
• Older condos in Scarborough, North York, or Etobicoke
• Entry-level condos in Durham Region (Ajax, Pickering, Oshawa)
⚠️ Reality: In Toronto proper, this budget is mostly condo territory.
💰 $150K Household Income
What that buys:
1-bed + den or 2-bed condos in Toronto
Larger condos or stacked townhomes
Entry-level townhouses in Durham or outer GTA
This is currently a very common first-time buyer household income in the GTA.
💰 $200K Household Income
Estimated home price: about $850K-$1M
What that buys:
Townhouses or semis in parts of the GTA
Larger 2–3 bedroom condos in Toronto
Smaller detached homes in Durham or farther suburbs
This is where buyers begin to access freehold properties instead of condos.
Do you qualify? DM for more info.