The GTA housing market continues to show its split personality this week. While the luxury segment delivers headline-grabbing sales at full asking price, the entry-level condo market reveals growing price sensitivity, with units trading well below list. Here is your comprehensive snapshot of the GTA weekly extremes for the period ending June 8, 2026, covering the lowest sold, highest sold, lowest listed, and highest listed residential properties.
Lowest Sold: Co-op Living in West Hill at $248,000
At the entry level, the lowest sold property this week was a bright and rarely available 2-bedroom, 1-bathroom ground-floor suite at Eesti Kodu in Toronto's West Hill neighbourhood. Priced initially at $280,000, it sold for $248,000 after 21 days on market. The suite offers no-elevator living with a large private patio overlooking peaceful greenspace—ideal for downsizers in a well-managed 55+ co-op community. Amenities include an indoor pool, sauna, exercise room, library, and easy access to transit and the Rouge Valley trails. The discount from list price underscores the price sensitivity currently affecting the lower end of the condo market.
Highest Sold: Leaside Trophy at $6,750,000
At the opposite end of the spectrum, the highest sold property this week is a magnificent 6-bedroom, 7-bathroom transitional home designed by renowned architect Richard Librach, located on the serene and coveted Rykert Crescent in Leaside. Asking full price at $6,750,000, it sold in just 13 days—a testament to the enduring strength of the luxury market when product and location align. The home sits on a majestic 300-foot-deep lot and features a grand entry with 11-foot ceilings, a resort-calibre backyard with covered outdoor living and dining, a spectacular pool and hot tub, and a lower level with a gym, home theatre, and two guest bedrooms. The quick sale at full asking price shows that trophy properties in prime Toronto neighbourhoods remain highly sought after.
Lowest New Listing: Parking Spot in Church-Yonge Corridor at $74,999
The most affordable new listing this week is not a home but a convenient parking space at 81 Wellesley Street in downtown Toronto's Church-Yonge Corridor. Priced at $74,999, the listing includes one garage fob and access to the building—a smart purchase for condo owners in the building who need secure parking in the heart of the city. With average monthly rents between $250 and $300, the price point reflects the high value of parking in Toronto's dense core.
Highest New Listing: Banbury-Don Mills Estate at $11,995,000
New to market this week is an architecturally significant estate at 27 Penwood Crescent in the exclusive York Mills South area, walking distance to the Bridle Path. Listed at $11,995,000, this 8-bedroom, 11-bathroom masterpiece offers over 7,300 square feet of above-grade luxury living, plus a fully finished walkout basement. Clad in Indiana limestone and architectural brick, the home features a 4-stop elevator, a chef's kitchen with dual islands, a primary suite with boutique-style dressing boudoir, and an entertainment-ready basement with a home theatre, gym, and dry sauna. The property's location, craftsmanship, and scale make it one of the most significant listings in Toronto this season.
Market Pulse: Toronto Absorption Slips to 42.3%
Looking at the broader market, Toronto saw 1,367 new listings enter the market over the past seven days, while only 578 homes were sold. The resulting absorption rate of 42.3% indicates that new supply is outpacing buyer demand—a trend that suggests we may see growing inventory and renewed negotiating power for buyers in the weeks ahead. Sellers who price strategically and present their homes in top condition continue to do well, particularly in premium pockets like Leaside and Banbury-Don Mills, while entry-level and mid-range properties may need to adjust expectations to attract offers.
Stay tuned for next week's report as we track whether the summer market brings a shift in buyer activity or further inventory buildup across the GTA.