Builtie
Daytime aerial view of downtown Toronto skyline with active construction
Photo · Unsplash
GTA Construction Report · H1 2026

H1 2026
The Greater Toronto build, decoded.

Six months. 14,709 permits. $6.05B in declared construction value. And underneath it: who is building, who is designing, which shows draw them out, and where the next wave breaks. Know the projects. Reach the decision makers.

PREPARED BY Builtie Market COVERAGE Jan 1 to Jun 30, 2026 SOURCE Builtie platform · live database UPDATED Jul 1, 2026 · corrected dataset
14,709
Permits issued
Recorded across the GTA in H1 · +62% YoY
$6.05B
Declared construction value
Permit-stated cost, H1 to date · +55% YoY
3,612
Net new dwelling units
Created via H1 permits
+109%
Value vs Q1 2025
Q1-over-Q1, like-for-like
01Market Pulse30-month trend

Toronto kept building through the slowdown narrative.

Monthly permit issuance more than tripled from early 2024 (around 830 a month) to 2026 (regularly past 2,500 a month). On a clean quarter-over-quarter basis, Q1 2026 issued 6,978 permits against 3,930 in Q1 2025, a 78% jump, with declared value up 109% to $3.52B. H1 2026 as a whole closed at 14,709 permits and $6.05B in declared value, up 62% and 55% year-over-year versus H1 2025 (9,086 permits, $3.90B).

Permits issued and declared construction value

Monthly · Jan 2024 to Jun 2026 · value in $M
Data note · corrected Jul 1, 2026

An earlier version of this report showed a sharp drop in April to June 2026 and attributed it to normal City of Toronto reporting lag. That explanation was wrong: a pipeline issue was writing a stale issued_date to a subset of recent permits, which pushed them out of the H1 window and understated recent months. The underlying data has since been corrected, and the figures and chart on this page reflect the fix: April to June 2026 now read as a continuation of the year's growth, not a decline.

Value concentration

A handful of permits carry the market

New-building (BLD) permits were just 1,504 of H1 volume yet accounted for $2.39B, roughly 92% of all declared value. The thousands of smaller permits are noise on the dollar line.

Single-site signal

One node, $808M

The Yonge and St. Clair pocket logged just 38 permits but $808M of declared value in H1, the fingerprint of a single mega-development moving through approvals.

Density engine

3,612 new homes, mostly mid-rise

February and March alone created 3,201 dwelling units. Unit creation clusters in transit-served corridors, not the luxury single-family pockets that dominate the dollar charts.

07The Loyalty Matrix · previewwho they hire, and whether the seat is taken

Rankings tell you who is big. This tells you who they hire.

Below is a live sample of "locked seats": builders who use the same firm on 75%+ of projects. The full matrix covers every major GTA builder.

BuilderRoleTheir firmShareProjects
The full matrix covers every major GTA builder. Unlock to see it.
02Where The Money Landsby neighbourhood

The capital map is a Yonge Street story.

Filtered to H1 permits with a resolved neighbourhood, declared value concentrates hard along the Yonge spine: St. Clair, the Bay corridor, Eglinton. A further $833M sits in permits not yet geo-tagged, an enrichment gap we quantify in the data section.

The build map: all 158 neighbourhoods, live

Every Toronto neighbourhood shaded by mapped construction activity, brighter lime means busier. Toggle between project count and declared value, and hover any area for its numbers.

Loading map…

Top neighbourhoods by declared value

H1 2026 · $M · mapped permits only

What the geography tells a trade

read

Two completely different markets are hiding in one city. The value map (St. Clair, Bay, Eglinton) is high-rise: long timelines, large GCs, consultant-heavy teams. The volume map (Annex, Rosedale, Banbury, Stonegate) is renovation and infill: shorter cycles, owner or small-builder decision makers, faster yes.

A cabinetry or HVAC trade should not chase the same postal codes as a structural or curtain-wall specialist. Builtie segments both so a rep works the corridor that actually buys their scope.

Teaser

South Parkdale logged 102 new units on just 42 permits in H1, the highest unit-per-permit density of any active pocket. That is a purpose-built rental signature, and the kind of early tell Builtie surfaces before it shows up in a press release.

03The Power Playersbuilders & developers

Who actually moves the GTA.

Ranked by total declared construction value across the tracked permit history. Public infrastructure (Metrolinx, TTC, the city agencies) sits at the very top by sheer dollars, but the names a trade dreams of working with are the private residential developers right beneath them, and every one is reachable in Builtie with a website, LinkedIn, and contact.

Top 12 builders by declared construction value

$M · lifetime in database · lime = private developer, slate = public / institutional

The full leaderboard

#Builder / DeveloperType Declared valuePermitsProjectsRes %Reachable
Why this matters

Times Group, Fitzrovia, Reserve Properties, Menkes, Concord Adex, Aspen Ridge, Capital Developments, CentreCourt, Marlin Spring and Daniels are the private engines of GTA housing supply. They each run multiple concurrent projects and they each have a known decision maker in our database. For a trade, this is not a prospect list. It is a target list.

04The Design Elitearchitects · interiors · landscape · engineering

The firms that draw the city before it is built.

Ranked by distinct projects each firm appears on across the tracked development record. Architects and design consultants are the upstream signal: they are on a project years before a trade is awarded, which makes them the earliest reachable relationship in the entire chain.

Architecture firms

#FirmProjectsReach

Interior design firms

#FirmProjectsReach

Landscape architecture

#FirmProjectsReach

Engineering & performance consultants

#FirmProjectsReach
Teaser · the consultant cartel

Two wind-and-acoustics firms, Gradient Wind and RWDI, appear on 661 and 602 projects respectively. Practically no tall building in Toronto gets approved without one of them in the room. If you sell into high-rise, these consultants are the single most concentrated referral surface in the market, and they almost never appear on anyone's outreach list.

07The Loyalty Matrixlocked seats vs open accounts

Rankings tell you who is big. This tells you who they hire, and whether the seat is taken.

Every major GTA builder, scored by how concentrated their consultant and trade choices are. "Locked" means one firm owns most of the work. "Spreads" means the account is winnable.

BuilderRoleTheir firmShareProjects
05Eventexhibitions & trade shows

Every booth is a company spending money to be found.

A firm that pays for an exhibition stand is a firm in growth mode, telling the market it is open for business. Builtie proved the model on the Toronto Home Show: the full exhibitor list was captured and matched to live company records, decision-makers and ad activity. The result is a ready-made, high-intent outreach cohort pulled from a single event.

184
Exhibitors matched
Toronto Home Show 2026
84%
Have a named DM
155 of 184 exhibitors
30
Running ads now
Booth + active ad spend
100%
Reachable on LinkedIn
Full channel coverage

The exhibitor funnel

From a raw exhibitor list to an outreach-ready cohort, in one pass.

The GTA event calendar to scale into

Two events are captured. These are the next targets. Ingesting each exhibitor list and scoring it the same way turns the whole calendar into a pipeline.

Which events are worth it · the scoring logic

Not every show is equal. Builtie scores an event on three axes once its exhibitor list is in: how many exhibitors fit the ICP, how many already have a reachable decision-maker, and how many are running ads. On that test the Toronto Home Show scores high, 84% decision-maker coverage (155 of 184) with 30 exhibitors actively spending. Interior Design Show (IDS) is a smaller floor: 20 exhibitors matched, 65% decision-maker coverage (13 of 20), 4 running ads. Still worth working, at a lighter touch. Apply the same score to the Buildings Show and the rest, and you can tell a client exactly which floors to work and which to skip, before they buy a single ticket.

06The Forward PipelineUrbanToronto development record

What is coming, and how tall.

Beyond permits, Builtie tracks 5,774 named GTA developments and their construction status. The pipeline is heavily front-loaded: 3,440 projects sit in pre-construction and 668 are actively under construction. That is more than 4,100 live or imminent projects, each one a team of trades waiting to be mapped.

Development pipeline by status

5,774 tracked projects

Pipeline at a glance

read

3,440 pre-construction projects are the leading indicator: design teams locked, trades not yet awarded. This is the prospecting frontier.

668 under construction are live job sites today, the window for material, finishing and late-trade scopes.

Only 111 projects are cancelled or on hold, under 2% of the record. The GTA pipeline is not stalling, it is stacking.

The skyline in the pipeline

The tallest towers currently pre-construction or under construction, by storeys. Each carries a full known project team in Builtie, from developer down to consultants.

Pre-constructionUnder constructionHover a tower for detail
Teaser · the team is the asset

Pinnacle One Yonge rises 106 storeys and is the tallest tower under construction in Canada. Concord Sky carries a 15-company team in our record. 83 Bloor West, still pre-construction, already shows 17 firms. Every storey is a stack of scopes, and Builtie already knows the names attached to each one.

08The Approval Clockapplication to permit · median & p90

Toronto is approving faster.

The median permit now issues in a month, and the worst-case wait has halved since 2024.

30
Median days, application to permit · 2026

Median days by year

42
2024
median days
36
2025
median days
30
2026
median days

The slow 10% now clears in

352
2024
p90 days
238
2025
p90 days
186
2026
p90 days
09The H2 Starting Gunwhat's queued for issuance

The job sites of September are already in the queue.

At the current 30-day median, most of this issues in H2. These are the job sites of September.

$3.16B
Declared value applied for and not yet issued, as of Jul 2026
4,254
Permits in the approval queue
3,323
Filed in Q2 alone