Welcome to the financial, cultural, and food capital of Canada. Welcome to, Toronto.
This diverse and exciting city is currently home to 2.79 Million people from all walks of life and many different cultures around the globe. Located in Southern Ontario on the banks of Lake Ontario, Toronto was founded in 1793 as the city of York and was officially re-named Toronto in 1834.
Being known, as the largest city in Canada is only one of the things that Toronto can brag about; it is also home to thousands of Condos. The construction of Toronto Condos has really amped up in the past 10 years, which has made the existing skyline quite exciting. The revitalization of the Downtown Core, due to the Condo boom, has once again made The Waterfront the place to be. Previously unloved and unused areas, like the far east corners of The The Distillery District, are now home to thousands of people.
At present there are roughly 2000 , condos in Toronto, in various forms such as highrise, lowrise and condo townhomes, and that number is growing all the time. The real estate market is the hottest in the country with an average of 4000 Toronto condos for sale at any given time. Over the past 10 years the average price per square foot in Toronto Condo resale figures, has steadily risen and at times out performed the TSX, making Toronto Condos a strong investment.
With new condos going up on a regular basis, this means the creation of exciting new 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.
- +42.3%condo ValuesYear over year change in values$698/sqftAvg Price per Sqftbased on 4 recent sales in Toronto
