LOWAvg. of lowest 10% | Average | HighAvg. of highest 10% | |
---|---|---|---|
STUDIO Condos | $285,699396 = $733/ | $396,074418 = $969/ | $486,950452 = $1,109/ |
1 BED Condos | $321,608619 = $546/ | $488,554590 = $845/ | $715,651732 = $1,003/ |
1 BED+DEN Condos | $353,318731 = $502/ | $543,144698 = $792/ | $805,869815 = $1,014/ |
2 BED Condos | $309,278976 = $325/ | $668,873960 = $705/ | $1,372,4511390 = $1,013/ |
2 BED+DEN Condos | $364,1811084 = $343/ | $769,5741138 = $675/ | $1,763,9581684 = $1,061/ |
3 BED Condos | $266,0611183 = $226/ | $707,2251327 = $510/ | $2,058,9862033 = $997/ |
3 BED+DEN Condos | $375,7501319 = $290/ | $874,2881553 = $542/ | $2,486,1262782 = $914/ |
4 BEDS Condos | $412,6671166 = $354/ | $938,9061600 = $521/ | $3,360,7502691 = $1,307/ |
4 BED + DEN Condos | $480,5001937 = $249/ | $1,440,0001974 = $705/ | $3,682,0002520 = $1,611/ |
Welcome to the condo capital of Canada!
Toronto is diverse and exciting and currently home to 2.79 Million people from all over the world and many walks of life. Located in Southern Ontario on the shores of Lake Ontario, Toronto (founded in 1793 as the city of York) officially got its name in 1834.
Being known as Canada’s largest city is only one of the things that Toronto can brag about; it is also home to thousands of Condos for sale. The Toronto condo construction has really blown up in the last 10 years, which has re-imagined the existing skyline. The development of the Downtown Core, due to the Condo boom, has made The Waterfront one of the most sought after neighbourhoods in the city. Previously unloved and barren areas, like the lands around The The Distillery District, are now home to thousands of people.
At the moment there are almost 2000 Condos for sale in Toronto, in various forms such as highrise, lowrise and condo townhomes, and that with the amount of pre-construction condos in the pipeline, number is growing all the time. The real estate market is without doubt the hottest in the country; at any given time there are roughly 4000 condos for sale. Looking back at the values and trends over the past 10 years the average price per square foot in Toronto has risen almost $200 per square foot. Condo resale figures have been strong and even out performed the TSX at times, making Toronto Condos a strong investment. Here at Condos.ca we keep a close eye on the values and trends on all areas of the city to give you all the information you need to make an informed and educated decision when buying a condo.
With new development condos registering on a regular basis, this means there is more variety in the market as well as new and exciting areas of the city to check out. The condo boom has helped the city in more ways than one, with new restaurants and shops opening all the time in neighbourhoods that were once at a crossroads.
Toronto is a beautiful, vibrant and happening city and we think, a fantastic place to call home.