The median 2023 Toyota Tundra runs about $54,186 in the Canadian market. Most sit between $49,161 and $61,901. That $12,700 spread is wide for a single model year, and trim does most of the explaining.
The typical truck out there has around 68,204 km on it. If you're looking at one with more, expect to pay less. Every extra 10,000 km knocks roughly $831 off the asking price. Put a 100,000 km truck next to a 40,000 km one and that gap alone is worth about $5,000 before you even talk trim or condition.
How the trims stack up
The trim ladder is steep. A base SR5 sits at a $48,758 median, and the SR barely moves the needle above it at $49,518. Climb to a Platinum and you're at $62,690. That's nearly $14,000 between the floor and the ceiling for the same year of the same truck.
The TRD Off Road is the interesting one. Its median is $55,189, close to the middle of the pack, but its typical range stretches all the way to $64,666. So a well-kept, low-km TRD can cost as much as a Platinum. Shop that trim on mileage and condition, because the price you pay swings hard.
If badge and off-road hardware aren't the point, the SR5 is the value play here. It anchors the bottom of the range with a tight typical band of $46,993 to $50,140, so you know roughly what a fair number looks like. We flagged 32 deals on the 2023 Tundra in the last 90 days, so priced-right examples do surface.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| Platinum | $62,690 | $60,606–$62,690 |
| Limited | $58,448 | $54,087–$61,903 |
| TRD Off Road | $55,189 | $51,732–$64,666 |
| SR | $49,518 | $47,621–$51,272 |
| SR5 | $48,758 | $46,993–$50,140 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.