The price gap between Toyota’s Highlander and Grand Highlander is narrowing even further for 2026.

Toyota Canada announced 2026 pricing for the three-row SUVs with similar names and now only a few hundred bucks separates the pair.

Back in 2024, the larger Grand Highlander cost $3,940 more than the Highlander, and then in 2025 the price difference narrowed to just $650 after the Highlander lost its former base model.

Now for 2026, the larger of the two costs just $350 more. That’s the difference between the starting manufacturer’s suggested retail price (MSRP) for each SUV. At the top end of the model range, the Grand Highlander tops out at nearly $5,000 more than its smaller sibling.

About 2026 Toyota Highlander

For 2026, the Highlander is available in seven grade levels and with two powertrain versions.

The standard powertrain features a turbocharged 2.4-litre four-cylinder engine with 265 hp and 309 lb.-ft. of torque, and a towing capacity of 2,268 kilograms (5,000 pounds). The base XLE features Toyota’s dynamic torque all-wheel-drive system, while higher-up models get dynamic torque vectoring all-wheel drive with Drive Mode Select and Driveline Disconnect.

The Highlander Hybrid gets a self-charging hybrid powertrain with a 2.5-litre four-cylinder engine and two electric motor-generators mated to an electronically controlled continuously variable transmission with electronic on-demand all-wheel drive. The hybrid produces 243 hp, and has a fuel-efficiency rating of 6.7 L/100 km (city/highway combined) and a towing capacity of 1,588 kilograms (3,500 pounds).

Starting Canadian pricing is as follows:

• Highlander XLE AWD – $54,943 (MSRP of $51,285 plus fees and levies)
• Highlander XSE AWD – $58,778 (MSRP of $55,120)
• Highlander Limited AWD – $60,323 (MSRP of $56,665)
• Highlander Platinum AWD – $62,644 (MSRP of $58,986)
• Highlander Hybrid XLE AWD – $58,143 (MSRP of $54,485)
• Highlander Hybrid Limited AWD – $63,523 (MSRP of $59,865)
• Highlander Hybrid Platinum AWD -$65,394 (MSRP of $61,736)

Pricing is estimated as fees and levies may vary by location. The Highlander and Highlander Hybrid are available in Canada now.

Full model details are available on the Toyota Canada website.

About 2026 Toyota Grand Highlander

The Grand Highlander has 97.5 cubic feet of space with the seats folded, compared to the Highlander’s 84.3 cubic feet, and offers what Toyota calls adult-sized seating in all three rows.

For 2026, the Grand Highlander is available in grade six levels and with three powertrain options. Technically, there are five grade levels but one offers seven or eight seats.

The XLE and Limited models get a turbocharged 2.4-litre four-cylinder engine mated to an eight-speed automatic transmission with a maximum output of 265 hp and 310 lb.-ft. of torque.

The hybrid XLE and Limited models get hybrid powertrain with a 2.5-litre four-cylinder engine mated with an electronically controlled CVT, producing a total system output of 243 hp. Towing capacity is rated at 1,588 kilograms (3,500 pounds).

The hybrid Platinum model features the Toyota Hybrid MAX system, which features a hybrid powrtrain with a turbocharged 2.4-litre engine mated with a six-speed automatic transmission. Total peak power is 362 hp and 400 lb.-ft. of torque and towing capacity is rated at 2,268 kilograms (5,000 pounds).

Starting Canadian pricing is as follows:

• XLE – $55,381 (MSRP of $51,635 plus fees and levies)
• Limited – $62,516 (MSRP of $58,770)
• Hybrid XLE – $58,726 (MSRP of $54,935)
• Hybrid Limited – $66,061 (MSRP of $62,270)
• Hybrid MAX Platinum – $70,321 (MSRP of $66,530)

The XLE and Hybrid XLE offer eight seats, the Limited and Platinum offer seven, and the Hybrid Limited is available with seven or eight.

Pricing is estimated as fees and levies may vary by location. The Grand Highlander and Grand Highlander Hybrid are available in Canada now.

Full model details are available on the Toyota Canada website.

---