PropertyMesh Research

Ontario Townhouse Market Heat

"Townhouse" covers two segments that behave differently: freehold rows you own outright, and condo townhouses with a corporation and fees. We track them separately — this report shows both, so you can see where each is selling fast, fetching asking price, or being marked down. Relisting chains are merged throughout.

Report period: 2026 Q3
Status: FINAL
Eligible sales (Freehold Townhouse): 2,967
Methodology: v1.1 · full notes

Finalized October 2, 2026 — these figures are frozen and will not change without a visible revision note.

Analyst commentary — 2026 Q3

Commentary for this report period has not been published yet. The figures on this page come straight from the finalized snapshot data above.

Freehold Townhouse — Ontario at a Glance (2026 Q3)

2,967 eligible freehold townhouse sales analysed this period.

25 days

Median market time (CDOM, days) (Ontario)

2026 Q2: 27 days

58.4%

Sold within 30 days (%) (Ontario)

2026 Q2: 54.5%

25.4%

Sold at/above original asking (%) (Ontario)

2026 Q2: 26.0%

97.7%

Median sale-to-original-list ratio (Ontario)

2026 Q2: 97.5%

Fastest Freehold Townhouse Markets

Ontario cities ranked by Freehold Townhouse median market time
City	Median market time	Eligible sales
1Oakville	15 days	101
2Toronto	16 days	227
3Ajax	18 days	47
4Kitchener	18 days	50
5Clarington	19 days	40
6Burlington	19 days	43
7Whitchurch-stouffville	19 days	25
8Markham	21 days	110
9Milton	21 days	110
10Pickering	21 days	33

Cities below the disclosure floor are excluded — sample sizes shown per city. Full table, every metric and every city: open the interactive index.

Property-type cells use a 25-eligible-sale disclosure floor. Filtered index view: Freehold Townhouse across every metric.

Freehold Townhouse in the Major Markets

The largest qualifying freehold townhouse markets by sample size, side by side across speed, asking-price performance, reductions and discounts.

Major-city comparison for Freehold Townhouse
City	Sales	Median market time	At/above asking	Sale ÷ original ask	Reduction rate	Median discount
1Ottawa	691	26 days	22.4%	98.1%	17.1%	2.8%
2Toronto	227	16 days	38.3%	97.7%	9.7%	4.0%
3Brampton	162	24 days	21.6%	97.3%	12.3%	3.3%
4Hamilton	115	28 days	13.9%	96.7%	20.0%	4.2%
5Markham	110	21 days	48.2%	99.3%	9.1%	4.8%
6Milton	110	21 days	16.4%	97.5%	10.0%	2.9%
7Vaughan	102	22 days	34.3%	97.4%	8.8%	4.4%
8Oakville	101	15 days	16.8%	97.2%	8.9%	3.7%
9Richmond Hill	94	29 days	39.4%	98.4%	13.8%	4.0%
10Barrie	66	22 days	16.7%	97.9%	15.2%	2.5%
11Whitby	59	21 days	22.0%	98.1%	6.8%	2.4%
12Kitchener	50	18 days	50.0%	100.1%	6.0%	2.5%

Where Freehold Townhouse Markets Are Moving

Biggest movers in Median market time (CDOM, days) vs 2026 Q2
City	2026 Q2	Current	Change
Oakville	34 days	15 days	-18 days
Kingston	20 days	31 days	+11 days
Ajax	28 days	18 days	-10 days
Barrie	27 days	22 days	-5 days
Clarington	14 days	19 days	+5 days
Hamilton	33 days	28 days	-4 days
Kitchener	22 days	18 days	-4 days
Markham	25 days	21 days	-4 days
Milton	25 days	21 days	-4 days
Richmond Hill	25 days	29 days	+4 days

Year-over-year comparison is not available yet (the series starts Q3 2025) — showing change vs the prior quarter (2026 Q2). Red = market moving hotter, green = cooler.

Condo Townhouse — Ontario at a Glance (2026 Q3)

2,323 eligible condo townhouse sales analysed this period.

34 days

Median market time (CDOM, days) (Ontario)

2026 Q2: 36 days

45.8%

Sold within 30 days (%) (Ontario)

2026 Q2: 43.5%

18.3%

Sold at/above original asking (%) (Ontario)

2026 Q2: 20.0%

96.7%

Median sale-to-original-list ratio (Ontario)

2026 Q2: 96.4%

Fastest Condo Townhouse Markets

Ontario cities ranked by Condo Townhouse median market time
City	Median market time	Eligible sales
1Kitchener	29 days	52
2Mississauga	29 days	233
3Oshawa	29 days	39
4Toronto	29 days	361
5Burlington	30 days	110
6Markham	30 days	71
7Brampton	32 days	80
8Hamilton	34 days	111
9London	34 days	189
10Oakville	34 days	49

Cities below the disclosure floor are excluded — sample sizes shown per city. Full table, every metric and every city: open the interactive index.

Property-type cells use a 25-eligible-sale disclosure floor. Filtered index view: Condo Townhouse across every metric.

Condo Townhouse in the Major Markets

The largest qualifying condo townhouse markets by sample size, side by side across speed, asking-price performance, reductions and discounts.

Major-city comparison for Condo Townhouse
City	Sales	Median market time	At/above asking	Sale ÷ original ask	Reduction rate	Median discount
1Toronto	361	29 days	27.4%	97.2%	13.0%	4.3%
2Ottawa	285	34 days	11.2%	96.6%	18.2%	3.8%
3Mississauga	233	29 days	21.0%	96.9%	11.2%	3.8%
4London	189	34 days	14.3%	96.8%	19.6%	4.0%
5Hamilton	111	34 days	15.3%	95.6%	25.2%	5.7%
6Burlington	110	30 days	10.9%	96.8%	20.0%	3.5%
7Brampton	80	32 days	15.0%	95.3%	11.3%	5.1%
8Markham	71	30 days	31.0%	96.8%	16.9%	4.6%
9Guelph	66	44 days	16.7%	96.5%	18.2%	4.3%
10Kitchener	52	29 days	34.6%	98.2%	15.4%	4.2%
11St. Catharines	51	35 days	7.8%	96.0%	23.5%	4.8%
12Oakville	49	34 days	14.3%	96.2%	16.3%	4.8%

Where Condo Townhouse Markets Are Moving

Biggest movers in Median market time (CDOM, days) vs 2026 Q2
City	2026 Q2	Current	Change
London	52 days	34 days	-17 days
Brampton	48 days	32 days	-16 days
Hamilton	47 days	34 days	-13 days
Mississauga	39 days	29 days	-10 days
Pickering	30 days	38 days	+8 days
Ottawa	27 days	34 days	+7 days
Kitchener	23 days	29 days	+6 days
Markham	35 days	30 days	-4 days
Oshawa	26 days	29 days	+3 days
Toronto	31 days	29 days	-2 days

Year-over-year comparison is not available yet (the series starts Q3 2025) — showing change vs the prior quarter (2026 Q2). Red = market moving hotter, green = cooler.

This report describes past sales of townhouses and is not investment advice or a price forecast. Above-asking rates partly reflect list-low pricing strategies; discount medians are conditional on selling below the original ask. Semi-detached homes are covered inside the index's semi-detached filter rather than a standalone report — too few cities clear the disclosure floor for a reliable ranking. Full rules in the methodology.

Keep exploring

Ontario Market Heat Index
The full interactive index — every city, metric, period and property type.
Detached market heat
The fully-freehold end of the market.
Condo market heat
Condo apartments, the other fee-based segment.
Price reductions report
Where sellers are cutting across all property types.
Methodology
How relisting chains, disclosure floors and frozen periods work.
Browse Ontario listings
See current townhouses for sale across Ontario.