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The GTA Luxury Real Estate Market Is Waking Up — And It’s Moving Faster Than You Think

For the first time in years, the Greater Toronto Area’s luxury real estate market is showing real signs of life — and the shift is happening quietly, neighbourhood by neighbourhood.
November 14, 2025 by
The GTA Luxury Real Estate Market Is Waking Up — And It’s Moving Faster Than You Think
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Despite high borrowing costs and a cautious economic backdrop, Toronto’s top-tier buyers are back, and they’re focusing on quality, lifestyle, and long-term value. While the broader GTA market has moved in slow motion this year, the luxury segment is bubbling with renewed confidence.

Below is everything Ontario homeowners, investors and upgrade-movers need to know — and how this shift creates opportunities for borrowing, refinancing or unlocking home equity with Lendworth.

Luxury Sales Are Climbing Again — Slowly, But With Serious Momentum

New September data shows luxury home sales (properties over $2M) ticked up year-over-year, moving from 314 sales last fall to 341 transactions this year.

No, it’s not 2021’s frenzy — and it won’t be for a while — but the momentum is undeniable.

Top analysts agree the story is simple:

  • Many luxury buyers sat on the sidelines for 18+ months

  • Interest-rate cuts and stable pricing have restored confidence

  • Inventory in premium neighbourhoods is tightening

  • Serious buyers are stepping back in before competition heats up again

One more interest-rate cut is widely expected before year-end, which could further boost activity across Toronto’s high-end market.

Where Activity Is Heating Up: Toronto’s Most Sought-After Neighbourhoods

Despite an overall “buyer-leaning” environment, several GTA pockets are experiencing tighter supply and confident bidding behaviour — a huge shift from earlier this year.

Hot luxury zones right now:

  • Forest Hill

  • Leaside

  • Lawrence Park

  • Cabbagetown

  • The Kingsway (Etobicoke)

  • Old Oakville

Homes that are priced well and presented beautifully still sell quickly — sometimes within 24 hours.

Supply is thinning, and that’s exactly why luxury buyers are starting to act.

$4M+ Market Stabilizes — While Ultra-Luxury Goes Off-Market

Luxury activity over $4M grew 3% year-over-year, even with higher rates.

Sales over $1M dipped slightly (down 4%), indicating that the middle-upper tier is more price-sensitive than the ultra-rich.

But here’s the twist:

More ultra-luxury sellers are choosing off-market, private transactions, avoiding MLS entirely. Only 3 properties over $10M sold on MLS this quarter — compared to 10 a year ago — meaning the real activity is happening behind closed doors.

This signals serious buyer intent, just with more privacy and precision.

What Luxury Buyers Want in Late 2025: Quality or Nothing

According to top GTA brokers, today’s luxury buyer is:

  • Discerning

  • Long-term focused

  • Less sensitive to interest rates

  • Unwilling to compromise on design, layout, neighbourhood or lifestyle

  • Willing to wait for the right home — but ready to act when they see it

Architectural quality, flow, privacy, neighbourhood character and long-term value matter more than ever.

“Luxury buyers will remain active, just more selective," says one leading Toronto broker — and that’s exactly what we’re seeing.

A Winter of Opportunity: Borrowing, Refinancing & Strategic Moves

The next 3–5 months may end up being one of the best windows for strategic buyers and refinancers. Here’s why:

1. Inventory Will Tighten Even More

Many sellers hold off until spring. That means:

  • Less competition

  • More negotiability

  • Better prices on high-end homes

2. Borrowing Costs Are Expected to Ease

Even a 25 bps cut can:

  • Improve affordability

  • Boost refinances

  • Increase equity-takeout opportunities

  • Support renovation financing

3. Pent-Up Demand Is Building Fast

Buyers who paused in 2023–2024 are preparing to re-enter early 2026.

If you want first-mover advantage, winter is it.

Why This Matters for Homeowners: Equity is King Again

With luxury demand rising and supply tightening, GTA home values in premium areas are showing resilience — and that means more equity opportunities for homeowners.

This is where Lendworth comes in.

Unlock your equity to:

  • Consolidate high-interest debt

  • Renovate to increase your home’s market value

  • Fund a down payment for a second property

  • Bridge financing while upgrading to a luxury home

  • Take advantage of time-sensitive buying opportunities

Same-day approvals. Ontario-wide funding. Equity-based. No bank stress tests.

This is the moment to act before spring competition returns.

What’s Next for GTA Luxury Real Estate?

Experts anticipate:

  • A measured but optimistic winter

  • Lower listing volume but stronger demand for quality homes

  • Continued strength in Forest Hill, Leaside, Lawrence Park, The Kingsway & Oakville

  • A surge of activity in early 2026 if rates drop again

  • More off-market deals as buyers seek privacy and exclusivity

If you're a homeowner, investor, or someone considering upgrading in 2026, this winter could be your advantage window.

Thinking About Unlocking Equity or Preparing for a Move?

Lendworth can help you leverage today’s shifting luxury market with:

✔ First mortgages

✔ Second mortgages

✔ HELOCs

✔ Equity take-out

✔ Bridge financing

✔ Fast private funding (24–48 hours)

✔ No income or credit score required

📞 Call us: 905-597-1225

🌐 Browse options: www.lendworth.ca

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