ONTARIO

Join a mortgage brokerage in Toronto

Toronto is the largest brokerage market in Canada and the one changing fastest, with pre construction volume down almost two thirds from its peak.

Official sources: Financial Services Regulatory Authority of Ontario (FSRA), Toronto Regional Real Estate Board, Statistics Canada, 2021 Census of Population, Equifax Canada market pulse, Urbanation

Part of our Ontario network. See the Ontario overview.

A.I.M.I. Collective Mortgage Group is licensed by FSRA across Ontario and works with brokers in Toronto. Toronto is the largest brokerage market in Canada and the one changing fastest, with pre construction volume down almost two thirds from its peak.

If you are looking at mortgage broker jobs in Toronto, weighing up becoming a mortgage broker in Toronto, or thinking about switching brokerages, this page covers what the local market looks like and what changes when you move.

Toronto in numbers

Local board

Toronto Regional Real Estate Board

Prices

City of Toronto average across all home types, July 2026: $1,010,836. The GTA wide average was $993,410 in August 2026, down 2.7% year over year, with the MLS HPI composite down 4.5%.

A pre construction pipeline in retreat

Urbanation put the GTHA pre construction pipeline at 48,710 units in Q2 2026, down 37% year over year and down 62% from the 2022 peak of roughly 127,000, with a record 5,001 completed unsold developer units. Toronto's 90+ day mortgage delinquency was 0.29% in Q4 2025, up 45% year over year.

Population

2,794,356 (2021 Census)

What a broker's book looks like in Toronto

Toronto is the largest broker market in the country and the one changing fastest. With the pre construction pipeline down sharply from its peak and a record number of completed but unsold units, closings where the appraisal falls short of the contract price are now a regular problem to solve.

Payment pressure is the other story. Owners who bought at the peak are renewing into higher payments, delinquency is climbing, and alternative and private lending have become a normal part of a Toronto broker's toolkit rather than a last resort.

Where the files come from

  • Pre construction closings with appraisal shortfalls
  • Renewals and refinances from owners under payment pressure
  • Alternative and private lending for files the banks decline
  • Condo investors reworking their financing

What changes when you join from Toronto

  • Direct submission to 100+ A, B, private and alternative lenders under Dominion Lending Centres
  • Top tier lender status on every file from day one, with a split that reflects your volume
  • Deal Desk underwriting support on commercial, B and alternative files in exchange for a commission split
  • Compliance, payroll and deal processing handled, plus a broker portal built for the work
  • Weekly lender training, one on one mentorship and private lending matchmaking events

Licensing in Ontario

FSRA regulates mortgage brokering in Ontario. Licences renew annually and expire on 31 March, and continuing education runs on a two year cycle falling in even numbered years, split into Conduct CE and Professional CE. FSRA will not renew a licence without it. Current as of 24 September 2026.

The GTA market for brokers

See the Ontario mortgage market in 2026 for the latest GTA sales, condo closing gaps and renewal trends, and what they mean for your book.

Common questions

What licence do I need to work as a mortgage broker in Toronto?
FSRA licenses mortgage brokering in Ontario. We onboard licensed agents and brokers; we do not put unlicensed applicants through initial licensing.
Do I keep my own clients and my own brand?
Yes. Your book is yours and you keep your personal brand and website. We add co branded marketing systems, video production support and campaign templates on top.
Do I need an Ontario licence to join?
Yes. Ontario mortgage agents and brokers are licensed by FSRA, and we onboard licensed agents and brokers rather than train unlicensed applicants from scratch.
Do Toronto brokers get access to alternative and private lenders?
Yes. You get direct access to 100+ A, B, private and alternative lenders, plus our Deal Desk to structure the harder files with you.

Further reading

Thinking about a move in Toronto?

A discovery call is a conversation about your book, your pipeline and what the numbers would look like. No obligation either way.

Book a discovery call
In Ontario

Other cities where our brokers work

Mortgage brokerage in Ontario

Licensing, lender access and how A.I.M.I. Collective supports brokers across the province.

Read the province guide

Guides for brokers in Ontario

How to become a Level 2 mortgage agent in Ontario

Upgrade from Level 1 to Level 2 in Ontario: 12 months licensed, the Private Mortgages Course, no FSRA fee, and what Level 2 lets you do.

How to check a mortgage broker or agent licence in Ontario, BC and Alberta

Look up any mortgage agent or broker licence in Ontario, BC or Alberta. Direct links to each free regulator search and what to check before you sign.

The Ontario mortgage market in 2026: what it means for brokers

GTA sales, prices, new condo and low rise sales, renewals and closing gaps in 2026, and how Ontario mortgage brokers are adjusting their books.

Mortgage broker courses compared: BC, Alberta and Ontario

The mortgage broker course in BC, Alberta and Ontario side by side: cost, hours, exams, the step after the course and whether a licence transfers.