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Real Estate Agent Salary in Toronto (2026)

Is 83,200/year enough to live in Toronto?

$83,200$58,631 net·$4,886/month

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Housing Affordability
Based on Toronto market rates
Comfortable
Good financial cushion
Job Openings
1,319
estimated
Growth Rate
4.4%
annually

Real Estate Agent Salary Analysis in Toronto

Real Estate Agents in Toronto earn an average salary of $83,200/year. This reflects Toronto's cost of living index of 128 and is above the national average of $65,000.

After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 58,631/year — or $4,886/month.

Toronto is one of Canada's most expensive cities, and a real estate agent salary requires careful budgeting. A 1-bedroom apartment runs $2,400/month, leaving limited room for savings. Many professionals opt for roommates or consider nearby suburbs to stretch their take-home pay further.

Real Estate Agent Salary Range in Toronto

Entry LevelSenior / Specialist
$38,400Avg: $83,200$192,000

Cost of Living in Toronto

Housing Costs

Average Home Price:$1,100,000
1-Bedroom Rent:$2,400/month
2-Bedroom Rent:$3,100/month
Property Tax Rate:0.66%

City Overview

Cost of Living Index:128 (avg: 100)
Average City Income:$62,000
Unemployment Rate:6.2%
Population:2930k

How to Increase Your Real Estate Agent Salary

1

Research salary ranges before negotiating — use multiple sources

2

Benefits packages (health, dental, pension) can add 15-25% to total compensation

3

Professional certifications and continuing education consistently increase earning potential

Frequently Asked Questions

What is the average real estate agent salary in Toronto?

The average real estate agent salary in Toronto, ON is $83,200 per year as of 2026. This is above the national average of $65,000, primarily due to Toronto's cost of living index of 128 (Canada average: 100).

How much does a real estate agent take home after taxes in Toronto?

After federal and Ontario provincial taxes (combined effective rate: 29.5%), a real estate agent in Toronto takes home approximately $58,631/year — that's $4,886/month or $2,255 bi-weekly.

Is $83,200 a good salary in Toronto?

Toronto has a high cost of living (index: 128), so $83,200 is a comfortable salary that covers housing and living expenses with room to save.

What is the salary range for real estate agents in Toronto?

Real Estate Agents in Toronto typically earn between $38,400 and $192,000 per year, depending on experience, specialization, and employer. Entry-level positions start around $38,400, while senior roles can exceed $192,000.

How fast is the real estate agent job market growing in Toronto?

The real estate agent field is growing at approximately 4.4% nationally, a moderate pace consistent with overall labour market trends. Toronto currently has an estimated 1,319 openings, with an unemployment rate of 6.2%.