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The 2027 Toyota Corolla is now offered in Canada in gas and hybrid trims, along with the 2027 Toyota Corolla hatchback. The lineup continues to offer two main powertrains: a 2.0 L gas engine developing 169 horsepower, as well as a 1.8 L hybrid powertrain producing 138 horsepower. The Corolla hybrid LE stands out with a combined fuel use that can go as low as 4.7 L/100 km.
On pricing, the gas-powered 2027 Corolla starts at $28,355* for the L CVT trim. The Corolla hybrid LE begins at $31,415. Finally, the 2027 Corolla Hatchback has a base price of $28,605.
The price of a 2027 Toyota Corolla varies mainly by body, powertrain and equipment level. Toyota offers several gas trims: the L, LE, LE Upgrade, SE, SE Upgrade and XSE. The hybrid lineup includes the LE, SE and XSE, with electronic all-wheel drive available on the LE and standard on the SE and XSE.
Here are a few of the announced prices for the 2027 lineup:
|
2027 Corolla Model |
Base price* |
Detail |
|---|---|---|
|
Gas-powered 2027 Corolla |
||
|
L CVT |
$28,355 |
Entry-level gas-powered Corolla |
|
LE CVT |
$29,535 |
Added equipment, including leather-upholstered steering wheel, Blind Spot Monitor, etc., depending on trim. |
|
LE CVT Amélioré |
$31,751 |
|
|
SE CVT |
$31,190 |
Added features like paddle shifters on the steering wheel, a Smart Key, tire pressure monitor, etc., depending on trim. |
|
SE CVT Amélioré |
$33,775 |
|
|
XSE CVT |
$36,345 |
Top-of-the-line gas-powered Corolla trim |
|
Corolla hybride 2027 |
||
|
Corolla hybride LE |
$34,415 |
Entry-level hybrid Corolla trim |
|
Corolla hybride LE AWD |
$32,915 |
eAWD |
|
Corolla hybride SE AWD |
$35,210 |
Sportier hybrid trim |
|
Corolla hybride XSE AWD |
$40,455 |
Best equipped hybrid trim |
|
Corolla hatchback 2027 |
||
|
SE CVT |
$28,605 |
Entry-level hatchback trim |
|
Corolla Hatchback SE Plus |
$30,503 |
Improved equipment |
|
Corolla Hatchback SE Upgrade |
$31,863 |
18-in. wheels and added features |
|
Corolla Hatchback XSE |
$34,693 |
Best equipped hatchback |
*These are the prices available on the manufacturer’s site at the time of research. They are subject to change without notice.
The monthly cost then depends on the term. On financing over 84 months, the payment drops, but interest charges rise. The monthly Toyota offers stack on top, and they do not always target the same trims.
The 2.0 L gas engine produces 169 horsepower and 151 lb-ft max torque, paired with a continuously variable transmission (CVT). Fuel consumption is 7.4 L/100 km in the city, 5.7 L/100 km on the highway and 6.7 L/100 km combined. This setup delivers the briskest acceleration.
The hybrid takes a different approach. A 1.8 L Atkinson-cycle engine paired with electric motors makes 138 horsepower and has a combined rating of 4.4 L/100 km, or 4.9 L/100 km with eAWD. Over 20,000 km per year, the 2.3 L/100 km gap represents about 460 litres of gasoline, roughly ten fewer fill-ups. The 2026 Toyota Corolla hybrid carries over the same mechanics for 2027, which explains a stable 2027 Toyota Corolla price from one year to the next.
The Toyota Safety Sense 3.0s suite is standard. Two features stand out day-to-day: the Pre-Collision system with Pedestrian Detection, active even in low light, and Lane Departure Alert with Steering Assist, which gently corrects when the white line disappears under slushy snow.
The 8-inch multimedia system includes wireless Apple CarPlay and Android Auto, plus Safety Connect and Service Connect connected services. Versus the bZ spec sheet, the Corolla remains the choice for drivers who want neither a home charging station nor to plan charging.
The sedan measures about 4,630 mm in length, 1,780 mm in width and 1,435 mm in height. The weight of the 2027 Toyota Corolla is around 2,866 lb. in the gas version, roughly a 220 lb. more in the hybrid because of the battery. For more headroom, the 2026 Toyota Corolla Cross shares the same mechanics in an SUV body.
The useful difference shows up in the trunk. The hatchback variant offers 660 litres behind the rear seats, versus about 371 litres for the sedan. That swallows two carry-on suitcases and a hockey bag without folding the seats.
Pinched radiator grille, elongated headlamps, short overhangs: the Corolla assumes a sleeker design than conservative competitors. There are several colours available for the 2027 Toyota Corolla, including Ruby Flare Pearl, Blueprint and Ink (black), among others.
Inside, the dashboard positions the screen on top and keeps physical buttons for the air-conditioning. It might seem like a trivial detail until the day you need to turn up the heat with mitts.
|
Item |
2027 gas Corolla |
2027 Corolla hybrid HEV |
|---|---|---|
|
Engine |
2.0 L 4-cylinder |
1.8 L 4-cylinder + electric motors |
|
Output |
169 horsepower, 151 lb-ft |
138 horsepower |
|
Consumption (city/highway/combined) |
7.4 / 5.7 / 6.7 L/100 km |
4.4 L/100 km combined (4.9 with eAWD) |
|
Drivetrain |
Front-wheel drive |
Front-wheel drive or eAWD |
|
Trunk |
About 371 L (sedan), 660 L (hatchback) |
About 371 L (sedan) |
|
Seating |
5 |
5 |
|
Base price* |
$28,355 – $28,605 (hatchback) |
$31,415 |
*These are the prices available on the manufacturer’s site at the time of research. They are subject to change without notice.
For most buyers, the LE hybrid offers the best price-to-consumption balance. It recoups its premium in fuel after about 100,000 km of urban use. The XSE is mainly justified by equipment and rims.
Both brands sit near the top of rankings, but Toyota was named the most reliable automotive brand in Canada at the 2026 AutoHebdo awards. The reliability of the Toyota Corolla rests on a powertrain carried over since 2019, so it is well proven.
The Land Cruiser, with its ladder frame, full-time four-wheel drive and 6,000 lb. towing capacity. The Corolla plays in another category: its toughness is mechanical longevity, not towing capacity.
Yes. Appraisal is done on site and the trade-in value reduces the financed amount. As a Toyota dealer in Sherbrooke, near Magog, we also take vehicles from other brands.
*These are the prices available on the manufacturer’s website at the time of research. They are subject to change without notice.