Toronto single-family homes average $1.14M, pushing buyers to consider nearby more affordable markets.
Peterborough offers homes as low as $650K, cheaper than a downtown Toronto condo.
Hamilton averages $759,500, while Kawartha Lakes, Simcoe, Dufferin, and Northumberland fall $650Kâ$850K.
Post-COVID price gaps are returning; outlying areas now see falling prices and opportunity.
More space, bigger backyards, and family-friendly layouts make suburbs appealing for lifestyle upgrades.