Greater Toronto Area · Updated June 2026
One mortgage agent, the whole GTA. Isha Grewal compares 30+ lenders for buyers, owners and investors across Toronto, Peel, Halton, York and beyond.
Why work with Isha in the GTA
The Greater Toronto Area isn't one market — it's dozens. A first-time buyer in Brampton, a move-up family in Oakville and a condo investor in downtown Toronto are each solving very different problems, and the lender that's right for one is rarely right for the others.
That's where an independent agent earns their keep. Instead of one bank's products, I compare more than 30 A, B and private lenders across the entire GTA, then build the structure that fits your income, down payment and plans. Most of the process happens online or by phone, so where you are in the region is rarely a barrier.
the GTA market snapshot
Source: Toronto Regional Real Estate Board (TRREB), May 2026. TRREB's 2026 forecast puts the GTA average price between $1.0M and $1.03M. Last reviewed June 2026.
Across the GTA, spring 2026 brought a clear shift: sales climbed about 6% year-over-year while new listings fell nearly 19%, pulling the region out of deep buyer's-market territory toward balance. The benchmark is still down about 6.7% from a year ago, so affordability has improved — but the window of heavy negotiating power is narrowing as inventory gets absorbed.
By home type, GTA detached homes average about $1.36M, semis $1.07M, freehold townhouses $916K and condo apartments $639K. First-time buyers are most active in townhomes and condos; move-up buyers in detached and semi-detached; investors in the softer condo segment.
Local areas
The urban core — condo-led entry market plus established detached neighbourhoods.
Mississauga, Brampton and Caledon: family homes, fast growth and strong first-time-buyer demand.
Oakville, Burlington and Milton — premium, family-focused, top-rated schools.
Vaughan, Markham and Richmond Hill — detached and townhouse demand from growing families.
First-time buyers & programs
Wherever you buy in the GTA, the same federal and provincial tools apply: an FHSA (up to $8,000/year, $40,000 lifetime, tax-deductible), the RRSP Home Buyers' Plan (up to $60,000), Ontario's first-time-buyer land transfer tax rebate, and 30-year amortizations on insured first-home purchases. Toronto buyers get an extra municipal rebate. I'll show you which ones move the needle for your purchase.
As of June 2026 the Bank of Canada's policy rate is 2.25% (held for a fifth straight meeting on June 10), the best insured 5-year fixed rates sit near 4.04% and 5-year variable near 3.35%. Rates change often, so the figure that matters is the one you actually qualify for the day you apply.
Questions, answered
Get a clear, no-pressure read on what you can afford and which lender fits — usually within a day.
Nearby areas