Under $500KUnder $600KUnder $700KUnder $800KUnder $1M$600K–$900K$900K–$1.5M
Under $1,000,000

Pre-Construction Under $1 Million in Ontario — 2026

Under $1M reaches Toronto's established corridors, Oakville waterfront, Mississauga Lakeview, and large-format suites in Vaughan and Markham. The full GTA at a clear budget ceiling.

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Under $1 million in Ontario's pre-construction market is where budgets and ambitions align most naturally in 2026. This range includes large two-bedroom-plus-den suites in established Toronto corridors, family townhomes in Oakville and Markham, and — in Brampton — the broadest selection of semi-detached and detached new construction available at this price point anywhere in the GTA.

For buyers who are stretching from the $700K–$800K range, the upgrade in size, location quality, and finish level between $800K and $999K is substantial. Three-bedroom layouts, larger terraces, higher floors with better views, and proximity to premium transit corridors all become available under $1M.

Under $1M — What Each Market Delivers

CityTypeCondo FromTown FromNotes
TorontoCondo (large)$699,000$999,000Waterfront, Midtown, King West
OakvilleCondo / Town$769,000$999,000#1 school district, waterfront
MississaugaCondo / Town$599,000$999,000Lakeview Village, Port Credit
VaughanTown / Semi$729,000$999,000TTC subway, large-format suites
MarkhamTown / Semi$699,000$999,000Tech hub, YRDSB, 3-bed options
Richmond HillTown$799,000$999,000Yonge prestige corridor
BurlingtonTown / Semi$749,000$999,000GO Lakeshore, lakefront lifestyle
North YorkCondo (large)$749,000$999,000Yonge-Sheppard, 3-bed suites
BramptonSemi / Det$799,000$999,000Most detached at this price in GTA

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Deposit Example — Under $1M

Deposit example on an $879,000 Oakville condo (15%):

At Signing (5%)$43,950
30 Days (2.5%)$21,975
90 Days (2.5%)$21,975
12 Months (2.5%)$21,975
Occupancy (2.5%)$21,975
Total Deposits (15%)$131,850
Balance at Closing via Mortgage$747,150

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