Kanata, Ontario, CA332 Property Listings
- Sale
31 Torbec Ave
Kanata, 9007 - Kanata - Kanata Lakes/Heritage Hills
33N/Aft²CA$699,900X11970502 • INNOVATION REALTY LT...
- Sale
3 Trotting Way
Kanata, 9004 - Kanata - Bridlewood
4+141500-2000ft²CA$849,900X11967819 • ROYAL LEPAGE TEAM RE...
- SaleUnit No. 21
292 Pickford Dr
Kanata, 9002 - Kanata - Katimavik
321000-1199ft²CA$495,000X11967436 • RE/MAX HALLMARK REAL...
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159 Escarpment Cres
Kanata, 9007 - Kanata - Kanata Lakes/Heritage Hills
44N/Aft²CA$1,349,000X11966734 • RE/MAX HALLMARK REAL...
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59 Robarts Cres
Kanata, 9002 - Kanata - Katimavik
33N/Aft²CA$549,900X11966438 • KELLER WILLIAMS INTE...
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30 Caspian Row
Kanata, 9010 - Kanata - Emerald Meadows/Trailwest
22N/Aft²CA$535,900X11966257 • RE/MAX HALLMARK REAL...
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90 Kinmount
Kanata, 9007 - Kanata - Kanata Lakes/Heritage Hills
22N/Aft²CA$749,999X11965650 • RIGHT AT HOME REALTY...
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90 Osprey Cres
Kanata, 9004 - Kanata - Bridlewood
553500-5000ft²CA$1,420,000X11965630 • ROYAL LEPAGE TEAM RE...
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835 Element Private
Kanata, 9010 - Kanata - Emerald Meadows/Trailwest
22N/Aft²CA$519,900X11964849 • COLDWELL BANKER FIRS...
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108 Blackdome Cres
Kanata, 9007 - Kanata - Kanata Lakes/Heritage Hills
34N/Aft²CA$669,900X11964595 • RIGHT AT HOME REALTY...
- SaleUnit No. 56
13 Carmichael Crt
Kanata, 9001 - Kanata - Beaverbrook
321200-1399ft²CA$425,000X11964444 • SOLID ROCK REALTY...
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52 Sherring Cres
Kanata, 9007 - Kanata - Kanata Lakes/Heritage Hills
43N/Aft²CA$999,000X11963343 • ROYAL LEPAGE TEAM RE...
- SaleApartment No.BUnit No. B
96 STONEHAVEN Dr
Kanata, 9004 - Kanata - Bridlewood
221200-1399ft²CA$479,900X11963339 • EXP REALTY...
- Sale
103 Quillside Row
Kanata, 9010 - Kanata - Emerald Meadows/Trailwest
54N/Aft²CA$1,014,900X11962477 • ROYAL LEPAGE TEAM RE...
- Sale
214 Prosperity Walk
Kanata, 9010 - Kanata - Emerald Meadows/Trailwest
43N/Aft²CA$992,900X11962471 • ROYAL LEPAGE TEAM RE...
- Sale
366 Pickford Dr
Kanata, 9002 - Kanata - Katimavik
3+24N/Aft²CA$798,500X11962418 • RE/MAX HALLMARK REAL...
- Sale
135 Old Colony Rd
Kanata, 9003 - Kanata - Glencairn/Hazeldean
32N/Aft²CA$649,900X11962149 • ROYAL LEPAGE TEAM RE...
- Sale
142 Rothesay Dr
Kanata, 9003 - Kanata - Glencairn/Hazeldean
32N/Aft²CA$569,900X11961830 • RE/MAX HALLMARK REAL...
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65 Sheppard's Glen Ave
Kanata, 9010 - Kanata - Emerald Meadows/Trailwest
33N/Aft²CA$634,900X11961149 • EXP REALTY...
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12 Pellan Cres
Kanata, 9001 - Kanata - Beaverbrook
43N/Aft²CA$1,199,800X11961071 • ROYAL LEPAGE TEAM RE...
Market Analysis
Toronto Real Estate Market Analysis for 2024
Between January 1 and July 31, 2024, average sale prices in the Toronto housing market increased by 0.5 percent year-over-year across all property types, rising from $1,110,587 in 2023 to $1,115,799 in 2024. During this same period, the number of home sales dropped by 5.4 percent, declining from 16,061 in 2023 to 15,195 in 2024. Meanwhile, the number of listings surged by 25.2 percent, growing from 31,737 in 2023 to 39,744 in 2024. Looking ahead, average sale prices are projected to decline by two percent for the remainder of 2024, while the number of sales is expected to stay steady. The Toronto housing market is currently experiencing balanced conditions in most areas, a trend that is likely to persist into the fall. While there is a good supply of resale homes, prices remain unaffordable for many buyers, particularly first-time homebuyers. Over the long term, the ongoing housing supply shortage will continue to influence the market. Key factors contributing to the housing shortage in Toronto include insufficient new construction and the high cost of building compared to current and forecasted market values. In response to these shortages, Toronto homebuyers are adapting by staying in their parental homes longer, sharing accommodations, and exploring alternative forms of home ownership to make purchasing more affordable. Renters, meanwhile, are continuing to rent instead of buying, further straining Toronto's rental market. On September 4, the Bank of Canada announced a 25-basis-point reduction in interest rates. However, this modest cut is unlikely to significantly improve affordability in Toronto, where average prices remain high. More substantial interest rate reductions will be necessary to create the affordability needed for many buyers, especially first-time homebuyers. A combination of further interest rate decreases and a downward adjustment in prices this fall and into 2025 is expected to boost sales in 2025.