New Condos and Homes in North Toronto

North Toronto is midtown's condo district: a few blocks of high-rise apartments just north-east of Yonge and Eglinton, now with two rapid-transit lines at its corner, and it suits buyers who want a smaller suite close to the subway rather than a house. In the City of Toronto's official neighbourhood map, North Toronto is a compact area between Yonge Street and Mount Pleasant Road, just north of Eglinton Avenue. The name is also used loosely for the wider midtown area around it, so a listing that says "North Toronto" may be a few blocks outside the City's boundary.

This guide covers what is being built, how prices and the rules for new-home buyers look as of October 2026, and what daily life is like: Line 5 Eglinton, schools, parks and jobs.

Top photo: A Line 1 train with the towers of Yonge and Eglinton behind. Photo: Maksim Sokolov (Maxergon), CC BY-SA 4.0, via Wikimedia Commons.

What is being built in North Toronto

This is already one of the most built-up parts of midtown. The City's 2021 Census neighbourhood profile counts about 15,900 residents, and 8,475 of the area's 9,430 households live in apartment buildings of five or more storeys; detached houses are almost absent. New homes here are condo towers, sold mostly as studios, one-bedrooms and two-bedrooms, with a few larger suites.

The area sits inside the City's Yonge-Eglinton Secondary Plan, which covers about six square kilometres around the intersection. The City says sustained development has been under way in midtown since the early 2000s.

Projects we list inside the City's North Toronto boundary include 44 Broadway Avenue Condos by Collecdev, a planned 44-storey tower, and 170 Roehampton Avenue Condos at Roehampton and Redpath Avenues. Both were listed as coming soon as of October 2026. The project cards at the top of this page are always current; the North Toronto project list and the Toronto pre-construction list let you filter by move-in year and price.

Prices and the market as of October 2026

Toronto's resale condo market is soft as of October 2026, which gives buyers more room to negotiate. In September 2026 the Toronto Regional Real Estate Board reported an average condo apartment price in the City of Toronto of $640,248, down 6.1% from a year earlier, and a benchmark condo price of $543,800, down 6.4%. Across the GTA, 5,040 homes of all types sold, 9% fewer than a year before, at an average of $1,006,409.

Two other things to know: the Bank of Canada raised its policy rate to 2.50% on October 28, 2026 and said further increases are possible, and CMHC reports Toronto rents are still easing as many new condos are finished and rented out (purpose-built vacancy was 3.0% in its 2025 survey). New suites usually cost more than resale ones, so compare both, and include the 2026 HST relief below, which applies only to new homes.

With many new condos finishing across Toronto, resale suites in nearby midtown buildings are worth comparing before you sign for a new one. For a pre-construction suite, the price is set by the builder's price list and incentives when you sign; ask us for the current list and deposit schedule of each building.

Getting around

Transit is the main reason people choose North Toronto. Line 1 Yonge-University stops at Eglinton station at the south-west corner of the neighbourhood, with direct trains to downtown. Line 5 Eglinton opened to customers on February 8, 2026. The TTC says it has 25 stations and stops between Mount Dennis and Kennedy and connects with Lines 1 and 2; Metrolinx's station list includes Eglinton and Mount Pleasant, the two stations at the edges of this neighbourhood, with Avenue to the west and Leaside to the east. The line opened under an "introductory service", and the TTC extended its hours from April 5, 2026 as a step toward full regular service.

Route maps and schedules are on ttc.ca. If you need parking, check that a space is offered and what it costs.

Schools

Public schools are run by the Toronto District School Board and Catholic schools by the Toronto Catholic District School Board. North Toronto Collegiate Institute, a TDSB secondary school for grades 9 to 12, is at 17 Broadway Avenue, inside the neighbourhood. Because so many homes are being added in midtown, school boundaries and space change; check a specific address with the TDSB school locator or the TCDSB school locator before you buy.

Parks and green space

The neighbourhood itself has little open space, but two green corridors are close. To the south, the Kay Gardner Beltline Trail follows an old railway line west from Mount Pleasant Cemetery, and the cemetery, which dates from 1873, was designed as an arboretum for the public. To the north-east, the City's Northern Ravines walk links Blythwood Ravine and Sherwood Park, which the City describes as one of the largest remaining protected natural areas in Toronto.

Jobs nearby

The City's Official Plan names the Yonge-Eglinton Centre as one of four Centres in Toronto, and the Province treats it as an Urban Growth Centre, so offices, shops and services are planned to grow here alongside housing. Downtown's Financial District and the University Avenue hospitals are a direct ride south on Line 1, and Line 5 now runs east to Kennedy station in Scarborough and west to Mount Dennis without a transfer.

Who North Toronto suits

• Commuters who want Line 1 and Line 5 within a few minutes' walk and can live without a car.
• First-time buyers buying a studio, one-bedroom or one-bedroom-plus-den who may qualify for the first-time buyer tax relief described below.
• Investors: most households here rent (7,680 renter households against 1,750 owners in the 2021 Census profile), but rents are easing city-wide, so compare expected rent with carrying costs first.
• Downsizers from nearby houses who want to stay in midtown.
• Families who want a house and a yard usually look just north, in Lawrence Park, or at the larger older homes of Rosedale and Moore Park. If you want to walk to a downtown job, see our Downtown Toronto guide.

Rules every new-home buyer should know in 2026

• HST relief on new homes, for all buyers who will live there. For agreements signed between April 1, 2026 and March 31, 2027, Ontario's enhanced new housing rebate covers up to $80,000 of the 8% provincial HST, and the Ontario New Home Affordability Payment adds up to $50,000 toward the federal 5%: up to $130,000 in total. Relief is full up to $1 million, stays at the cap to $1.5 million and phases out by $1.85 million. The home must be your (or a relative's) primary residence.
• First-time buyers. The federal First-Time Home Buyers' GST rebate (law since March 2026) removes up to $50,000 of GST on a new home of up to $1 million, phasing out by $1.5 million, for agreements signed on or after March 20, 2025 and before 2031. The Ontario payment is reduced by any federal rebate you claim, so the two don't stack beyond the full tax.
• Investors who will rent the suite out don't get the primary-residence relief above; a separate rental-property rebate applies, so get tax advice before you sign.
• 30-year mortgages. Since December 15, 2024, insured mortgages can run 30 years for first-time buyers and for anyone buying a newly built home, and insured mortgages are allowed on homes up to $1.5 million.
• Deposit protection. Tarion protects condo deposits up to $20,000, and you get a 10-day cooling-off period on a new condo after you receive the signed agreement and disclosure statement. Check the builder's licence in the HCRA Ontario Builder Directory.
• Land transfer tax. First-time buyers can get back up to $4,000 of Ontario's land transfer tax (ontario.ca) and up to $4,475 of Toronto's municipal land transfer tax (toronto.ca). Toronto homes pay both taxes.

This is general information, not legal, tax or mortgage advice. Rules change; check the linked official pages or ask us before you sign.

Talk to us

Tall Property tracks new condos and homes across Toronto and the GTA. Call us at 416-878-0749 or use the form on this page for price lists, floor plans, current incentives and VIP access to new launches. We'll also tell you honestly when a resale suite is the better buy.