Toronto vs Balmoral.
Comparing two suburbs with median house prices of $786,000 and $802,500. Toronto edges out on more headline metrics in this comparison.
Toronto (median $786,000) is roughly 2% cheaper to buy into than Balmoral ($802,500). Over the past year, Toronto (+1.4%) ran 5.3 percentage points ahead of Balmoral (-3.9%) on house-price growth.
For buyers
Toronto is the lower entry point at $786,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Toronto carries both higher gross yield (4.37% vs 4.28%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Toronto or Balmoral cheaper to buy in?
Toronto has the lower median house price at $786,000, roughly 2% below Balmoral ($802,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Toronto or Balmoral?
Over the past 12 months, Toronto grew +1.4% vs -3.9% in Balmoral, a gap of 5.3 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Toronto or Balmoral?
Gross rental yield on houses is 4.37% in Toronto vs 4.28% in Balmoral. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Toronto against another suburb