Toronto is one of the busiest and most diverse cities in Canada, and with all the construction, renovations, automotive repairs, and daily industrial activity, scrap metal and unwanted items are constantly being produced. Instead of letting that scrap pile up in your garage, yard, or workshop, you can turn it into instant cash. Cash for Scrap Toronto services make it quick and easy to sell your old metal, appliances, cars, and other recyclable materials — while also helping the environment by promoting recycling.
In this guide, we’ll explore everything you need to know about selling scrap for cash in Toronto, including what can be sold, where to sell it, how to get the best prices, and why scrap recycling is a smart move for both your wallet and the planet.
What is Cash for Scrap in Toronto?
Cash for Scrap Toronto refers to businesses and recycling facilities that pay you money in exchange for your unwanted scrap metal, vehicles, electronics, and other recyclable materials. These companies purchase scrap, sort it, process it, and then send it to recycling plants where it can be transformed into new products.
Whether you have a few old appliances at home or a large quantity of industrial scrap, you can find local Toronto scrap buyers who will pay you competitive rates on the spot.
Types of Scrap You Can Sell for Cash in Toronto
Not all scrap is the same, and the amount of money you get depends on the type, quality, and quantity of material. Here are the most common categories:
1. Ferrous Metals
Ferrous metals contain iron and are magnetic. These include:
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Steel
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Cast iron
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Wrought iron
They are common in household appliances, old tools, and construction debris. While ferrous metals tend to pay less per pound compared to non-ferrous metals, they are still worth selling in large quantities.
2. Non-Ferrous Metals
Non-ferrous metals do not contain iron, are non-magnetic, and generally fetch higher prices. Examples include:
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Copper (wiring, plumbing pipes)
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Aluminum (cans, window frames, car parts)
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Brass (fittings, faucets)
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Stainless steel
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Lead
Copper, in particular, is highly valuable and in high demand.
3. Scrap Vehicles
Old, damaged, or unwanted cars can be sold for scrap. Toronto cash-for-cars services will pay you based on the weight of the metal and the value of reusable parts.
4. Electronics and E-Waste
Old computers, phones, televisions, and other electronics contain valuable metals such as gold, silver, and copper. Many Toronto scrap buyers accept e-waste for recycling.
5. Household Appliances
Fridges, stoves, washers, dryers, microwaves, and air conditioners can all be scrapped for cash.
Benefits of Using a Cash for Scrap Toronto Service
Selling scrap is not just about making money — it also comes with other advantages:
1. Instant Payment
Most scrap yards and cash-for-scrap services in Toronto pay you on the spot in cash or via e-transfer.
2. Eco-Friendly
Recycling scrap metal reduces the need for mining new raw materials, conserving natural resources and lowering carbon emissions.
3. Declutter Your Space
Removing old and unwanted items from your home or business frees up space and improves safety.
4. Free Pickup Services
Many Toronto scrap buyers offer free pickup for larger loads or heavy items, saving you the hassle of transportation.
How to Get the Best Cash for Scrap in Toronto
If you want to maximize your payout, follow these tips:
1. Separate Metals by Type
Mixed metals can lower your overall price. Sort copper, aluminum, steel, and brass separately to get the best rates.
2. Clean Your Scrap
Remove non-metallic materials like plastic, rubber, or insulation from wires. Clean metal is more valuable.
3. Check Daily Scrap Prices
Scrap metal prices fluctuate daily based on global market demand. Check local Toronto scrap price listings before selling.
4. Sell in Bulk
Larger loads often get better rates and save you on transportation costs.
5. Choose a Reputable Buyer
Not all scrap buyers pay fairly. Research customer reviews, compare prices, and choose a licensed Toronto scrap dealer.
Average Scrap Metal Prices in Toronto (2025 Estimates)
While prices change daily, here are approximate rates for some common metals in Toronto:
| Metal Type | Estimated Price per Pound |
|---|---|
| Copper | $3.50 – $4.50 |
| Aluminum | $0.50 – $0.90 |
| Brass | $2.00 – $3.00 |
| Stainless Steel | $0.70 – $1.10 |
| Steel | $0.10 – $0.20 |
(Note: These prices are just estimates and may vary depending on the scrap yard, metal purity, and market trends.)
Where to Sell Scrap for Cash in Toronto
Toronto has many scrap yards, metal recycling centers, and private buyers. Some options include:
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Local Scrap Yards – Facilities where you can drop off scrap and get paid immediately.
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Cash-for-Cars Services – Specialize in buying old vehicles for recycling.
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Mobile Scrap Buyers – Will come to your location, weigh the scrap, and pay you on the spot.
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Recycling Depots – Accept certain metals and e-waste for cash.
Popular areas for scrap recycling in Toronto include Scarborough, North York, Etobicoke, and the downtown core.
Cash for Scrap Cars in Toronto
If you have an old car that no longer runs, selling it for scrap is one of the fastest ways to make money. Here’s how it works:
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Get a Quote – Call a Toronto scrap car buyer with details like make, model, and condition.
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Schedule Pickup – Most companies offer same-day towing at no extra cost.
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Get Paid – Receive cash or e-transfer when they pick up your vehicle.
Environmental Impact of Scrap Recycling
Choosing cash for scrap Toronto services is not just profitable — it’s environmentally responsible. Recycling metals helps:
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Reduce landfill waste
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Lower greenhouse gas emissions
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Conserve energy (recycling aluminum uses 95% less energy than producing it from raw ore)
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Protect natural habitats by reducing mining activity
Tips for First-Time Scrap Sellers in Toronto
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Bring ID – Many scrap yards require government-issued identification for transactions.
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Know the Law – Certain items like manhole covers, railway materials, or stolen goods are illegal to sell.
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Ask About Minimum Weights – Some buyers only accept large loads for certain metals.
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Compare Prices – Don’t settle for the first offer; call multiple Toronto scrap buyers.
Common Myths About Cash for Scrap Toronto
Myth 1: Only big businesses can sell scrap.
Truth: Homeowners, DIY renovators, and small businesses can also sell scrap for cash.
Myth 2: Scrap yards don’t pay much.
Truth: High-value metals like copper and brass can bring in significant money.
Myth 3: It’s a complicated process.
Truth: Selling scrap is simple — especially if you choose a buyer that offers free pickup.
Final Thoughts
Cash for Scrap Toronto is an excellent way to turn unwanted metal, appliances, and vehicles into quick money. By choosing a reputable scrap buyer, sorting your materials, and timing your sale for the best market prices, you can maximize your earnings.
On top of the financial reward, you’re also contributing to a cleaner, greener Toronto by reducing waste and conserving natural resources. Whether you’re a homeowner cleaning out your garage, a contractor dealing with renovation debris, or a business with ongoing scrap production, selling scrap for cash is a win-win for your wallet and the planet.