Buying in Parkdale
Parkdale real estate: avg $935,000 in Feb 2026. Diverse, affordable, lakefront access. Full market stats and neighbourhood guide.
Avg. Price
$935,000
-6.5% YoY
Median Price
$820,000
Sales / Month
55
Feb 2026
Days on Market
34
Buyer's Market
The Vibe
Parkdale is Toronto's most complex neighbourhood, equal parts gritty and gentrified. Victorian mansions sit beside rooming houses, Tibetan momo shops share blocks with trendy cocktail bars, and long-time residents navigate alongside newcomers. The energy is raw and authentic. It offers real proximity to downtown and the lake at prices well below neighbouring areas, making it a magnet for buyers priced out of nearby markets.
Who Lives Here
- Population
- 33,500
- Growth
- +6.8% (2016-2021)
- Median Income
- $55,000
- Ownership Rate
- 32%
- Avg. Household Size
- 2
- Median Age
- 38
Community
Source: Census 2021, Statistics Canada
Who It's Good For
The types of buyers who tend to thrive in Parkdale.
Value Seekers
One of the most affordable neighbourhoods close to downtown, with Victorian homes and growing condo options.
Cultural Diversity
Toronto's most diverse community with Tibetan, Caribbean, South Asian, and Latin American cultures side by side.
Creatives
Affordable rents and a gritty-cool atmosphere attract artists, musicians, and makers to studio spaces.
Price Breakdown by Home Type
Average selling prices in Parkdale based on TRREB MLS data for February 2026.
| Home Type | Average Price | YoY Change |
|---|---|---|
| Detached | $1,450,000 | -4.5% |
| Semi-Detached | $1,100,000 | -5.5% |
| Townhouse | $850,000 | -6.5% |
| Condo Apartment | $520,000 | -8.0% |
Source: Toronto Regional Real Estate Board (TRREB), Market Watch February 2026. Year-over-year change compared to February 2025.
Market Health
Key indicators showing whether Parkdale currently favours buyers or sellers.
SNLR
31.4%
Buyer's Market
Below 40% = buyer's market
Months of Inventory
5.4
Balanced supply levels
Avg. SP/LP
98%
Near asking price — firm market
Days on Market
28
LDOM
34
PDOM
Listing vs. property days on market
Neighbourhoods in Parkdale
Parkdale encompasses several distinct communities, each with its own character and housing stock.
South Parkdale
The lower half near the lake with a mix of high-rises, Victorian homes, and strong community activism.
North Parkdale
Quieter residential streets north of Queen with semis and detached homes.
Beaconsfield Village
Pocket neighbourhood near Dufferin with charming homes and a community garden.
West Queen West (Parkdale)
Eastern edge blending into the gallery district with restaurants and bars.
Also known as
Parkdale · South Parkdale · Beaconsfield Village · Cowan Avenue · Queen West
Getting Around
Transit, walkability, and commute information for Parkdale.
Parkdale is served by the 501 Queen and 504 King streetcars, with quick access to the Gardiner Expressway and nearby Dufferin and Lansdowne bus routes.
Major Transit Lines
Commute to Downtown Toronto: 15-20 min by streetcar to Financial District
92
Walk Score
90
Transit Score
85
Bike Score
Local Scene
What's on your doorstep when you buy in Parkdale.
Food & Dining
Chungchun Rice Dog
Korean corn dogs that draw lines down the block
Tibetan Kitchen
Authentic Tibetan momos and thukpa on Queen West
Grand Electric
Tacos and mezcal in a vibrant Parkdale setting
Manita
Acclaimed neighbourhood restaurant with seasonal menus
The Skyline Restaurant
Classic greasy spoon diner, a Parkdale institution
Miss Thing's
Hawaiian-themed bar with tiki cocktails and island food
Attractions & Amenities
Exhibition Place & Ontario Place
Major events venue and waterfront park undergoing revitalization
Parkdale Night Market
Summer night market celebrating the neighbourhood's diversity
Sunnyside Beach & Pavilion
Sandy beach with the heritage Sunnyside Pavilion pool
Parkdale Library
Beautifully renovated Carnegie library and community hub
Cowan Avenue Murals
Street art installations celebrating community and culture
Masaryk-Cowan Community Centre
Pool, gym, and community programming in the heart of Parkdale
Schools
School options available for families buying in Parkdale.
6
Public Schools
3
Catholic Schools
1
French Immersion
1
Private Schools
Frequently Asked Questions
Common questions from buyers considering Parkdale.
As of February 2026, the average is $935,000. Detached homes average $1.45M, semis $1.1M, and condos $520K.
Nearby Areas
Explore other areas close to Parkdale.
Ready to explore homes in Parkdale?
Get expert guidance on buying in Parkdale. We'll help you navigate the market, find the right property, and close with confidence.
Need Guidance?
Get a second opinion on your real estate situation. No pressure, no obligation.
The RAZZ Report
Market insights and practical advice delivered to your inbox.