Toronto's most expensive condos breach the $1,000/sf mark

Trend of price growth reflects the outsized demand for the city's properties

Toronto's most expensive condos breach the $1,000/sf mark

Over the last few years, the feverish demand for Toronto’s condos have pushed the price of this property class to stratospheric heights. In some cases, year-over-year appreciation has been seen in as high as double-digit territory, according to the latest study from real estate information portal Zoocasa.

The new analysis looked at over 600 condo complexes in Toronto, along with information from the Toronto Real State Board.

Read more: GTA’s luxury segment to enjoy more move-up activity this year – report

Toronto condo buildings that now sell for over $1,000 per square foot are:

  • Aura, 386-388 Yonge St. – $1,004
  • Nicholas Residences, 75 St. Nicholas St. – $1,012
  • Murano, 38 Grenville St. – $1,013
  • Theatre Park, 224 King St. W – $1,038
  • Shangri-La, 180 University Ave. – $1,040
  • The Prince Arthur, 38 Avenue Rd. – $1,040
  • Pears on the Avenue, 170 Avenue Rd. – $1,062
  • Residences of the Ritz Carlton, 183 Wellington St. W – $1,076
  • Karma Condos, 15 Grenville St. – $1,121
  • One Bedford, 1 Bedford Rd. – $1,231
  • Four Seasons Residence, 55 Scollard St. – $1,296
  • U Condos, 65 St. Mary St./1080 Bay St. – $1,319

 

Related stories: