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 Q2
Status: REVISED
Eligible sales (Freehold Townhouse): 3,349
Methodology: v1.1 · full notes

Finalized August 27, 2026 — these figures are frozen and will not change without a visible revision note.

Analyst commentary — 2026 Q2

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 Q2)

3,349 eligible freehold townhouse sales analysed this period.

27 days

Median market time (CDOM, days) (Ontario)

54.5%

Sold within 30 days (%) (Ontario)

26.0%

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

97.5%

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

Fastest Freehold Townhouse Markets

Ontario cities ranked by Freehold Townhouse median market time
City	Median market time	Eligible sales
1Clarington	14 days	49
2Toronto	15 days	244
3Burlington	17 days	45
4Whitby	18 days	71
5Whitchurch-stouffville	18 days	32
6Kingston	20 days	45
7Pickering	21 days	54
8Kitchener	22 days	43
9Vaughan	24 days	110
10Markham	25 days	138

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	751	25 days	24.1%	98.0%	20.8%	3.3%
2Toronto	244	15 days	46.3%	98.4%	8.6%	5.4%
3Brampton	170	28 days	23.5%	97.3%	7.1%	4.1%
4Markham	138	25 days	43.5%	98.6%	13.0%	5.7%
5Hamilton	136	33 days	14.7%	96.3%	23.5%	4.6%
6Milton	122	25 days	13.1%	97.0%	17.2%	3.5%
7Vaughan	110	24 days	31.8%	96.3%	13.6%	5.3%
8Richmond Hill	103	25 days	45.6%	98.5%	12.6%	5.4%
9Oakville	100	34 days	18.0%	95.6%	22.0%	5.5%
10Whitby	71	18 days	32.4%	98.5%	9.9%	2.5%
11Barrie	65	27 days	16.9%	96.2%	4.6%	4.2%
12Pickering	54	21 days	37.0%	98.6%	11.1%	4.2%

Where Freehold Townhouse Markets Are Moving

Year-over-year movement will appear here once the index has a full year of finalized quarters behind this one — the series starts in Q3 2025.

Condo Townhouse — Ontario at a Glance (2026 Q2)

2,295 eligible condo townhouse sales analysed this period.

36 days

Median market time (CDOM, days) (Ontario)

43.5%

Sold within 30 days (%) (Ontario)

20.0%

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

96.4%

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

Fastest Condo Townhouse Markets

Ontario cities ranked by Condo Townhouse median market time
City	Median market time	Eligible sales
1Kitchener	23 days	61
2Oshawa	26 days	31
3Ottawa	27 days	291
4Pickering	30 days	52
5Burlington	31 days	118
6Toronto	31 days	355
7Markham	35 days	62
8Oakville	35 days	59
9St. Catharines	35 days	28
10Mississauga	39 days	217

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	355	31 days	31.0%	97.1%	11.8%	4.5%
2Ottawa	291	27 days	16.8%	97.0%	19.9%	3.7%
3London	223	52 days	13.0%	96.0%	26.9%	5.1%
4Mississauga	217	39 days	14.7%	95.8%	17.1%	4.5%
5Burlington	118	31 days	17.8%	96.7%	22.0%	4.2%
6Hamilton	111	47 days	13.5%	95.1%	30.6%	5.5%
7Guelph	64	44 days	21.9%	95.9%	32.8%	6.6%
8Brampton	62	48 days	16.1%	94.2%	21.0%	6.7%
9Markham	62	35 days	33.9%	95.7%	14.5%	7.4%
10Kitchener	61	23 days	32.8%	97.4%	23.0%	4.8%
11Oakville	59	35 days	3.4%	95.7%	22.0%	4.5%
12Pickering	52	30 days	42.3%	97.8%	5.8%	3.9%

Where Condo Townhouse Markets Are Moving

Year-over-year movement will appear here once the index has a full year of finalized quarters behind this one — the series starts in Q3 2025.

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.