Fastest selling homes in GTA have three bedrooms

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Despite chilly start to spring real estate market, family-sized homes remain in high demand

While homes in the Greater Toronto Area aren’t exactly selling at lightning speed these days, certain types of homes are selling much quicker than others.

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According to recent analysis by digital real estate platform Wahi, homebuyers in the GTA are showing a clear preference for three-bedroom single-family homes, which are selling faster than other property types.

Despite a chillier start to Toronto’s spring real estate market, these family-sized homes are in high demand, particularly in certain neighbourhoods.

Looking at home sales data from the first quarter of 2025, Wahi found that three-bedroom single-family homes — which include detached, semi-detached, and townhouses — sold in an average of 23 days.

This pace outstrips that of two-bedroom homes and even larger four-bedroom properties. Note that these numbers could be influenced by the mix of housing available.

Neighbourhoods had to meet a threshold of at least five sales of a given housing type (for example, three-bedroom single-family homes) to be considered in the analysis.

Depending on the neighbourhood, the demand for these property types was stronger. In 48 neighbourhoods, for example, three-bedroom homes sold in two weeks or less, while only seven neighbourhoods saw two-bedroom homes selling at a similar speed, and 37 neighbourhoods had four-bedroom houses selling as quickly.

This suggests that buyers are prioritizing family-sized homes, possibly due to a combination of affordability and sufficient living space in which to raise a family.

This trend aligns with findings from Wahi’s 2024 Great Canadian Dream Home Survey, which indicated that nearly two-thirds of Canadians prefer single-family homes, with three bedrooms being the most popular choice. However, the scarcity of accessible family-sized housing is a growing concern.

Research from the Missing Middle Initiative and Toronto Metropolitan University’s Centre for Urban Research and Land Development suggests that the lack of suitable housing options is driving more homebuyers out of the GTA in search of more affordable and spacious accommodations in other Ontario markets.

Condos remain the slowest-selling property type. In the first quarter of 2025, condos were on the market an average of 36 days before selling —11 days longer than single-family homes.

Those with two or fewer bedrooms took 37 days to sell, on average, while three- and four-bedroom condos took 34 days.

For prospective homebuyers and sellers, it’s important to understand current market dynamics to inform a buying or selling strategy.

Those selling three-bedroom homes in high-demand neighbourhoods may be at an advantage, while buyers should be prepared for more competitive bidding in these areas.

Conversely, those interested in smaller or larger homes, or condos, might find there’s more room for negotiation.

Benjy Katchen is the CEO of Wahi, a digital real estate company committed tooffering insights, tools and the team that makes buying a home faster and easier. Visit www.wahi.com