{"id":395515,"date":"2026-01-08T06:09:08","date_gmt":"2026-01-08T06:09:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/395515\/"},"modified":"2026-01-08T06:09:08","modified_gmt":"2026-01-08T06:09:08","slug":"this-ontario-city-is-the-cheapest-place-to-buy-townhomes-in-canada","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/395515\/","title":{"rendered":"This Ontario city is the cheapest place to buy townhomes in Canada"},"content":{"rendered":"<p>First-time home buyers eyeing a townhouse\u00a0\u2014\u00a0the perfect middle-ground between a freehold house and an apartment condo \u2014 are going to get their money&#8217;s worth in London more than any other city in Ontario.<\/p>\n<p>A new\u00a0<a href=\"https:\/\/www.zoocasa.com\/blog\/buying-a-townhouse-in-2026-canada\/\" target=\"_blank\" rel=\"nofollow noopener\">Zoocasa report<\/a> highlights the best Canadian cities to buy a townhouse in 2026, using benchmark prices and year-over-year growth to determine the ranking.<\/p>\n<p>Despite Quebec City being crowned as the top market in Canada for townhouses, buyers are seeing significant price corrections across almost every major Ontario region.\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"best cities in canada to buy a townhouse\" id=\"content-image-124356\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/01\/1767800144-zoocasa_report_best_cities_in_canada_to_buy_townhouse.jpg\"\/><\/p>\n<p class=\"caption\">Zoocasa, with data\u00a0courtesy of the Canadian Real Estate Association.<\/p>\n<p>Hamilton-Burlington appears to offer potential buyers the most bang for their buck right now, as the report shows that townhouse prices dropped 9.16 per cent from $688,100 in 2024 to $625,100.\u00a0<\/p>\n<p>There&#8217;s some good news for city slickers, too.<\/p>\n<p>Toronto townhouse prices are also on a decline, albeit not as much as the suburbs. Toronto prices dropped almost 8 per cent, down to $696,300 in 2025.\u00a0<\/p>\n<p>Ottawa, Kitchener-Waterloo, London-St. Thomas and Barrie are other Ontario markets with remarkable price drops. For instance, townhouses in London-St. Thomas are below the half-million mark, averaging at just $459,000.<\/p>\n<p>There are plenty of perks that come with a townhouse. You typically get more space and less maintanance fees compared to a condo. In some cases, these types of homes can offer main-level or rooftop patios, much larger than condo balconies.\u00a0<\/p>\n<p>Here&#8217;s a look at all the opportunities in Ontario for townhouse buyers:<\/p>\n<p>Hamilton-Burlington: $625,100 (-9.16 per cent\u00a0Y-O-Y)<br \/>Barrie District: $548,100 (-8.68 per cent\u00a0Y-O-Y)<br \/>Greater Toronto: $696,300 (-7.73 per cent\u00a0Y-O-Y)<br \/>Kitchener-Waterloo: $530,900 (-7.23 per cent\u00a0Y-O-Y)<br \/>London-St. Thomas: $459,000 (-7.03 per cent Y-O-Y)<\/p>\n<p>For first-time buyers eager to enter the market, purchasing a townhouse seems like a worthy investment in 2026, especially since the <a href=\"https:\/\/www.blogto.com\/real-estate-toronto\/2025\/12\/toronto-area-condo-lost-37k-value-2025\/\" target=\"_blank\" rel=\"nofollow noopener\">massive inventory of condos<\/a> hasn&#8217;t been getting any traction last year.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"First-time home buyers eyeing a townhouse\u00a0\u2014\u00a0the perfect middle-ground between a freehold house and an apartment condo \u2014 are&hellip;\n","protected":false},"author":2,"featured_media":395516,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2606,49,48,1639,44,905,167271],"class_list":["post-395515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-best","tag-ca","tag-canada","tag-deals","tag-news","tag-ontario","tag-townhouses"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/395515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=395515"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/395515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/395516"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=395515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=395515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=395515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}