The W8 real estate market, encompassing Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Etobicoke City Centre, West Deane Park, Princess-Rosethorn, Edenbridge-Humber Valley, Lambton Mills, and The Kingsway, continued to demonstrate stability in May 2026. While sales activity remained relatively unchanged year-over-year, home values held firm and inventory levels declined, creating balanced conditions for buyers and sellers.
May 2026 Market Highlights:
122 homes sold, compared to 125 in May 2025
Average sale price increased to $1,293,923, up 0.68%
New listings decreased 11.63%, from 387 to 342
Average days on market improved from 27 to 26 days
Detached homes remained the dominant property type, accounting for 65 sales with an average sale price of $1,790,096. Condominium apartments continued to provide a more affordable entry point into the market, with 44 sales and an average price of $626,034. Freehold townhomes also performed well, averaging $1,191,500.
The combination of steady demand, fewer new listings, and improving market times reflects the ongoing appeal of W8 neighbourhoods. Areas such as The Kingsway, Princess-Rosethorn, Edenbridge-Humber Valley, and Markland Wood continue to attract buyers seeking established communities, excellent schools, parks, and convenient access to downtown Toronto.
For homeowners considering selling, reduced inventory levels may provide an opportunity to maximize value. Buyers should work with a knowledgeable local Realtor to identify opportunities as new listings come to market.
Contact Maureen Reed, Realtor, Right at Home Realty, at 416-895-4883 for additional Etobicoke real estate information.
