The thought of downsizing from a home to a condo can be overwhelming but the time does eventually come to do so.
Maybe you’re tired of maintaining a large home that was once perfect for your growing family or you simply want to free up some of the equity in your home so you can do all of the things you’ve been dreaming of doing for many years. There are many reasons why downsizing from a house to a condo makes sense.
Over the years, I have helped many clients with selling their large homes and downsizing to condos. In each case, my clients have been extremely happy with the decision to downsize and have enjoyed the low maintenance lifestyle that comes along with condo living.
If you’re considering downsizing to a condo from a home, you may not be familiar with the process of buying and moving into a Toronto condo. No need to worry, moving to a condo from a home can be confusing for most who have never been through the process. In order to help you understand the process and to provide you with some helpful tips, I have included the information below. In addition to helpful tips, I have also included a list of the best Toronto condos for downsizing later in this blog post. Hopefully this information helpful to you.
Buying A Condo – The Process
Step #1 Find The Right Real Estate Agent To Work With
It’s important that you work with a local full-time Toronto real estate agent who knows the local market and the different condo buildings extremely well. Don’t make the mistake of using a real estate agent from outside of the city as this can be a big and costly mistake. A local agent will know details about each different condo building, each different neighbourhood, the local developments in the areas around your buildings of interest (current and upcoming projects) as well as market trends better than an outside agent.
Step #2 View As Many Condos As Possible
Don’t make the mistake of buying the first condo that you see in person. A lot of buyers get excited and decide to make a pre-mature decision. You are always better off viewing several condos before making your final decision. By taking this approach, you will be able to avoid buyer’s remorse after you have bought.
Step #3 Review The Status Certificate
If you don’t know what a status certificate is, don’t stress, you can learn what a status certificate is HERE. In short, a status certificate is a condo building’s report card which includes a wide range of details, including, but not limited to: the financial health of the condo, any law suits the condo is currently involved in, the rules and bylaws of the condo and much more. You will want to review the status certificate prior to submitting an offer on a property.
Pro Tip: always make sure you get a real estate lawyer to review the status certificate before submitting an offer. Alternatively, you can make the offer conditional on the review of the status certificate if your lawyer can’t review it prior to you submitting an offer.
Step #4 Submit The Offer
Once you have decided on the right condo for you, it’s time to submit your offer. Your agent will put together the paperwork for you and will include clauses and conditions in the offer to protect your rights and interests. Once the offer is accepted, you will be required to submit the deposit (typically 5% or more of the purchase price) to the listing brokerage (typically within 24 hours of acceptance of the offer).
Step #5
Your lawyer and the seller’s lawyer will handle the closing process on the closing date including transferring the funds and title. Once all of this is done, you are now the new owner.
I’ve included some helpful tips regarding things you will want to attend to between the time that your offer is accepted and the closing date.
Helpful Tips For After You Have Bought
- Book The Elevator
You may be extremely excited to be downsizing from your home to a condo but make sure you don’t forget the important and not so exciting task of booking an elevator for your move in date. You will want to make sure you book the elevator well in advance to avoid any issues on your moving date. Most condos will require you to fill out a form and provide a security deposit.
- Obtain A Copy Of The Condo Rules & Bylaws
If you’re new to condo living and haven’t lived in a condo before, you may or may not be aware of the fact that each condo building has their own rules and bylaws which owners are required to follow. Ask your property manager for a copy of these rules and bylaws before you move in so you are aware of them and don’t run into any issues.
- Make Sure Your Locker Is Empty Prior To Moving In
Before moving in, visit your locker (if you have one) to ensure that it is empty and ready to store your items. You don’t want to be in the middle of moving your stuff and find out the previous owner left their belongings or garbage in the locker.
- Cancel & Set Up Your Utilities
Make sure you both cancel and set up your utilities. This is especially important if you are moving in the winter as you will want to make sure that the heat works in your new condo.
- Complete Any Necessary Repairs
If you have any repairs or upgrades that you want to complete at your new condo, it is better to complete them before you move in when feasibly possible. Completing renovations are much easier when there isn’t any furniture in the way. You also don’t have to stress about your furniture getting dirty with construction dust, or even worse, damaged.
- Donate, Sell Or Dispose Of Your Large Furniture
If your moving from your home to a condo, it’s likely that your current furniture may be too large and bulky for your new condo. Consider the option of either selling it or donating it to someone in need before you dispose of it. There are different charitable services in the city that will take your old furniture off your hands for you such as Habitat For Humanity ReStore .
- Buy And Order Needed Furniture
Since it’s likely that you will need to replace your larger furniture with smaller furniture for your new space, make sure you take all the necessary measurements for new furniture and place your orders as soon as possible in order to avoid not having anywhere to sit, sleep or eat.
- Test All Of The Appliances
This is a really important. If you work with a reputable Toronto real estate agent, they will likely include wording in your offer stating that all of the appliances are to be in good working order on closing. Due to this wording, it is important that you test all appliances as soon as you take possession and make notes of any deficiencies.
- Change Your Air Filter
Most condos will have a heat pump panel located somewhere within the unit which is connected to the building’s HVAC system and in some cases, some condos have their own independent furnace and air conditioning units within the unit. Regardless of your setup, it’s important that you change the air filter when you first move in and change it every 3-6 months to ensure your breathing clean air.
- Complete A Deep Clean
Either complete a deep clean on your own or hire a professional. Whichever agent you decide to work with should be able to put your in contact with a reputable cleaner who is capable of completing a deep clean of your entire home.
- Get To Know Your Neighbours
You don’t have to go knocking on all of your neighbours’ doors in order to introduce yourself, but when you get a chance, introduce yourself to your neighbours and try to exchange your contact info. It’s always good to have your neighbours’ contact info should there ever be an emergency.
- Get To Know Your Property Manager & Security
It’s always helpful to have a good relationship with both your property manager and your concierge/security. Should you ever be in need of any help regarding your unit, concerns regarding the building or security matters, having a good relationship with both of these key figures is helpful.
- Get To Know Your New Neighbourhood
Once you’ve completed the above, take some time to explore your new neighbourhood. Go for a walk and check out the local restaurants, coffee shops, parks etc.
- Enjoy Your New Condo
The time will come when you have completed all of the necessary items on your to-do list and it will finally be time to enjoy your new condo. Make sure you let the moment soak in an enjoy every second of it.
Below is a list of the best Toronto condos for downsizing. If you’re looking to reduce the amount of maintenance in your life without drastically sacrificing usable living space, the buildings listed below may be worth considering. Please keep in mind that the pricing included for the date ranges provided below are based on a shifting market (Range includes: January 2022 – December 2022). Prices may not reflect the prices prior to the pandemic and rate increases. Please feel free to contact me should you wish to receive email updates with new listings for any of the buildings below or to discuss any currently available listings you may be interested in.
CENTRAL TORONTO
1 Forest Hill Road, Toronto, ON
1 Forest Hill road is a great option for those who are looking to downsize from a larger home in the surrounding neighbourhoods such as Forest Hill, Casa Loma, Deer Park, Summerhill, Rosedale and Moore Park. It is also a wonderful option for those who are looking to make a move to this desirable part of the city. With high end finishes throughout, spacious suites ranging between 1750-3000 square feet and first class amenities, this mid-rise condo is highly sought after. Between 2021 & 2022 prices ranged between $1,165,000 for a 1 bedroom, 2 bathroom suite and $6,018,000 for a 2+2 bedroom, 3 bathroom suite. There has only been one sale in 2022 for $6,018,000.
61 & 63 St Clair Ave West, Toronto, ON
61 & 63 St Clair Ave West (The Granite Place) is one of the most historical condo buildings in the Yonge & St Clair neighbourhood. What was once home to the Granite Club prior to it moving to the current location on Bayview, is now home to two large condominium buildings. The south facing suites enjoy breathtaking unobstructed views of the the Toronto skyline and spacious south-facing terraces where residents enjoy the stunning city views and views of the green space below. With suites ranging between 505-4,480 square feet, these buildings are very desirable amongst those looking to downsize from larger homes in the surrounding neighbourhoods. Between January 2022 and the time of this blog post, December 2022, prices in 61 St Clair Ave West have ranged between $745,000 for a 1 bedroom, 1 bathroom suite and $4,550,000 for a 3+1 bedroom, 4 bathroom suite. During this same period, prices in 63 St Clair Ave West have ranged between $518,000 for a 1 bedroom, 1 bathroom suite and $3,725,000 for a 3 bedroom, 3 bathroom suite.
1 Deer Park Crescent, Toronto, ON
1 Deer Park crescent is located in Deer Park, one of Toronto’s most desirable neighbourhoods. This building includes luxurious finishes throughout and 9′ ceilings. The suites range between approximately 500-1,600 square feet. Between January 2022 and the time of this blog post, December 2022, prices in 1 Deer Park Crescent Ave have ranged between $500,000 for a 1 bedroom, 1 bathroom suite and $1,020,000 for a 2 bedroom, 2 bathroom suite.
155 St Clair Ave W, Toronto
The Avenue, is a 19 storey condo building located on the south-west corner of Avenue Road and St Clair Avenue West. The building consists of suites ranging between 825-3,895 square feet and includes luxurious finishes throughout. Between January 2022 and the time of this blog post, December 2022, prices in 155 St Clair Ave W have ranged between $1,390,000 for a 2 bedroom, 2 bathroom suite and $2,700,000 for a 2+1 bedroom, 3 bathroom suite.
1 Balmoral Ave, Toronto, ON
With suites ranging between 550-3,390 square feet, 1 Balmoral is a great option for those who want to enjoy the many shops and restaurants along Yonge Street as well as the convenience of living on the Yonge Street subway line. This mid-rise building consists of only 9 levels making it perfect for those who prefer smaller buildings. Between January 2022 and the time of this blog post, December 2022, prices in 1 Balmoral Ave have ranged between $590,000 for a 1 bedroom, 1 bathroom suite and $3,100,000 for a 2 bedroom, 2 bathroom suite.
38 Avoca Ave, Toronto, ON
The Avoca Vale offers a wide range of suites ranging between approximately 640-2,300 square feet.This building is conveniently located to the many shops and restaurants located at Yonge & St Clair as well as the beautiful and recently renovated David Belfour Park and trail. Between January 2022 and the time of this blog post, December 2022, prices in “Avoca Vale” have ranged between $651,000 for a 1 bedroom, 1 bathroom suite and $2,200,000 for a 2 bedroom, 2 bathroom suite.
40 Rosehill Ave, Toronto, ON
40 Rosehill is a 15 storey building which includes suites ranging between approximately 1,130-3,300 square feet. This building is conveniently located steps to shops and restaurants along Yonge Street as well as David Balfour Park and trail. Between January 2022 and the time of this blog post, December 2022, prices in 40 Rosehill Ave have ranged between $1,475,000 for a 2 bedroom, 2 bathroom suite and $2,950,000 for a 3+1 bedroom, 3 bathroom suite.
6 Jackes Ave, Toronto, ON
6 Jackes, “The Jack” is one of the newer buildings in its area. With new, high-end finishes and exceptional amenities, this trendy building is very popular amongst those looking to live in this great area of the city without sacrificing the quality of interior finishes. Suites range between approximately 530-3,150 square feet. Between January 2022 and the time of this blog post, December 2022, prices in “The Jack” have ranged between $1,150,000 for a 1+1 bedroom, 2 bathroom suite and $1,975,000 for a 2 bedroom, 2 bathroom suite.
1231 Yonge Street, Toronto, ON
If you are looking for spacious suites at a more affordable price point than other buildings in the surrounding Rosedale and Summerhill neighbourhoods, 1231 Yonge Street is a good option to consider. Although the exterior of the building isn’t the most glamorous, the suites range between 615-1,760 square feet and offer several good layouts. Residents enjoy the convenient location and easy access to local shops and restaurants. There has only been one sale between January 2022 and the time of this blog post, December 2022 which was a 1+1 bedroom, 1 bathroom suite that sold for $789,000
10 Walker Ave, Toronto, ON
10 Walker is a condo complex that includes unique multi-level townhome condos in one of Toronto’s most desirable neighbourhoods. With it being steps from the shops, restaurants and subway line on Yonge Street, it is a very popular condo building amongst both individuals looking to downsize as well as professionals needing easy access to Toronto’s Financial District. There has only been one sale between January 2022 and the time of this blog post, December 2022 which was a 2 bedroom, 3 bathroom home that sold for $1,470,000.
1177 Yonge Street, Toronto, ON
“The Ports” condos offer spacious suites in the highly coveted Rosedale neighbourhood. Residents enjoy the convenience of living steps from the Summerhill subway station and enjoy the many different restaurants and shops that the area has to offer. Suites range between 800-1,800 square feet. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,350,000 for a 2 bedroom, 2 bathroom suite and $1,510,000 for a 2+1 bedroom, 2 bathroom suite.
20 & 25 Scrivener Square, Toronto, ON
Thornwood One & Two are two very desirable buildings conveniently located steps from the Summerhill subway station as well as one of, if not the best LCBO’s in Toronto. Suites in 20 Scrivener Square (Thornwood One) and 25 Scrivener Square (Thornwood Two) range between 563-3,660 square feet and 570-3,996 square feet respectively. Residents enjoy luxurious finishes throughout the building and enjoy the many great restaurants and shops along Yonge Street. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $922,000 for a 1 bedroom, 1 bathroom suite and $3,700,000 for a 2 bedroom, 3 bathroom suite.
40 Oaklands Ave, Toronto, ON
The Oaklands was designed by architect Macy Dubois. It is a boutique condo with only 3 storeys and offers unique and spacious layouts in one of the most desirable neighbourhoods in midtown Toronto. With various suites including two-storey suites that feel like townhomes, this building is truly one of a kind. Suites approximately range between 500-2,200 square feet. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,400,000 for a 2 bedroom, 3 bathroom suite and $1,910,000 for a 2 bedroom, 3 bathroom suite.
1 Benvenuto Place, Toronto
The Benvenuto was once a hotel in 1955 but was retrofitted by the current owners. The building includes suites ranging between approximately 370-3,500 square feet. The building is also home to “Scaramouche”, one of Toronto’s infamous fine dining destinations. One of the most notable features of this condo is its rooftop gym which includes breathtaking views of the Toronto skyline and Lake Ontario. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,425,000 for a 2 bedroom, 2 bathroom suite and $2,425,000 for a 2 bedroom, 2 bathroom suite.
2 Roxborough Street E, Toronto, ON
Two Roxborough is a boutique condo bouilding with only 33 suites. Residents enjoy luxurious finishes throughout as well as spacious suites that range between approximately 700-2300 square feet. The building is conveniently located steps from many great restaurants and shops along Yonge Street and is steps from the Summerhill subways station. There has only been one sale in the building between November 2021 and the time of this blog post, December 2022. The Suite that sold was 2 bedroom / 2 bathroom suite and sold for $1,510,000.
133 Hazelton Ave, Toronto, ON
Hazelton Residences consists of only nine storeys with suites ranging between approximately 700-4,400 square feet. This luxury condo is located steps from the heart of Yorkville. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,300,000 for a 1 bedroom, 1 bathroom suite and $3,995,000 for a 2 bedroom, 3 bathroom suite.
1 St Thomas Street, Toronto, ON
If luxury living is your top priority, 1 St Thomas Street will not disappoint. This art-deco masterpiece is one of the most iconic condos in Toronto. Residents enjoy high-end finishes throughout the building and suites as well as stunning views of the city. It is conveniently located steps to Yorkville and the first class shopping along Bloor Street. Suites range between approximately 475-8,400 square feet. Between January 2022 and the time of this blog post, December 2022, there have only been two sales with prices ranging between $3,200,000 for a 2 bedroom, 3 bathroom suite and $7,980,000 for a 3 bedroom, 5 bathroom townhome condo.
77 Charles Street West, Toronto, ON
77 Charles Street West consists of 16 storeys and only 56 suites which range between approximately 1,100-3,800 square feet. This luxury condo includes high-end finishes throughout and is conveniently located steps to the heart of Yorkville along with the many fabulous restaurants and shops that it has to offer. Between January 2022 and the time of this blog post, December 2022, there have only been two sales with prices ranging between $2,545,000 for a 1+1 bedroom, 2 bathroom suite and $2,850,000 for a 2 bedroom, 2 bathroom suite.
35 Balmuto Street, Toronto, ON
Uptown Residences consists of over 280 suites ranging between approximately 380-2,280 square feet. Residents enjoy the convenient location of this building as well as the stunning views from the higher floors. With Yorkville steps away you won’t have any issues with finding the perfect restaurant for dinner or the new attire you have been needing from one of the many high-end stores in the area to choose from. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $710,000 for a 1+1 bedroom, 1 bathroom suite and $1,545,000 for a 2+1 bedroom, 3 bathroom suite.
15 Mcmurrich Street, Toronto, ON
15 Mcmurrich is located within the Yorkville community. Although this building would not be considered a luxury building like many other Yorkville condos, this condo is popular amongst those looking for spacious layouts as the suites range between approximately 1,200-1,800 square feet. The building is conveniently located steps from Yorkville’s notorious restaurants and shops and is also steps from the Yonge Street subway line. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $760,000 for a 1+1 bedroom, 3 bathroom suite and $1,475,000 for a 2 bedroom, 2 bathroom suite.
80 & 100 Yorkville Ave, Toronto, ON
The towers located at 80 & 100 Yorkville Ave offer luxury living in the heart of Yorkville and are steps from the many restaurants, shops and cafes in the area. With 10 foot ceilings and high-end finishes throughout, these towers should definitely be considered when looking to downsize. Suites range between approximately 700-5,700 square feet. There has only been one sale in the building between January 2021 and the time of this blog post, December 2022. The Suite that sold was 2 bedroom / 3 bathroom suite and sold for $3,000,000.
68 Yorkville Ave, Toronto, ON
The Regency Yorkville includes a wide range of suites including one bedroom suites to three and four bedroom penthouse suites as well as two townhomes. Suites range between approximately 520-5,900 square feet. Residents enjoy the convenient location and the many great restaurants and shops in Yorkville and along Bloor Street. There has only been two sales in the building between January and the time of this blog post, December 2022. The Suites that sold were both 2+1 bedroom / 2 bathroom suites. One sold for $1,747,000 and the other for $2,250,000
38 Avenue Rd, Toronto, ON
The Prince Arthur is one of Yorkville’s first luxury condo buildings. The condo consists of 24 storeys and 152 suites. Suites range between approximately 750-4,450 square feet. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,370,000 for a 1 bedroom, 2 bathroom suite and $2,835,000 for a 2+1 bedroom, 3 bathroom suite.
180 University Avenue, Toronto, ON
The Shangri-La offers first-class amenities and services, private garages (not all suites) as well as spacious suites ranging between approximately 678-4,430 square feet with breathtaking views of Toronto and Lake Ontario. It is conveniently located in the core of the city and is steps from the Four Seasons Centre for the Performing Arts. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,190,000 for a 1 bedroom, 1 bathroom suite and $3,100,000 for a 2+1 bedroom, 3 bathroom suite.
311 Bay Street, Toronto, ON
The St. Regis Residences is one of Toronto’s most luxurious and sought after condos. The building consists of 39 storeys and 379 luxury condo suites that range between approximately 570-11,755 square feet. Residents enjoy high finishes throughout as well as first-class amenities. The convenient location is perfect for those who are looking to live in the heart of Toronto. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,610,000 for a 1+1 bedroom, 2 bathroom suite and $2,925,000 for a 2+1 bedroom, 3 bathroom suite.
55 Front Street East, Toronto, ON
The Berczy is a boutique condo consisting of only 12 storeys and 160 suites which range between approximately 565-2,020 square feet. It is located steps from the historical St Lawrence Market, the recently renovated Berczy Park, Lake Ontario and Toronto’s Financial District. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $777,000 for a 1 bedroom, 1 bathroom suite and $2,300,000 for a 2+1 bedroom, 3 bathroom suite.
30 Wellington Street East, Toronto, ON
The Wellington consists of 20 storeys and 120 suites ranging between approximately 1,183-1,844 square feet. Residents of The Wellington enjoy easy access to Toronto’s Financial District, the recently renovated Berczy Park, historical St Lawrence Market and the short walk to Toronto’s waterfront. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,261,000 for a 2 bedroom, 2 bathroom suite and $1,320,000 for a 2 bedroom, 2 bathroom suite.
88 Scott Street, Toronto, ON
88 Scott consists of 58 storeys and 525 suites ranging between 278-4,503 square feet with stunning views of both the city and lake. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $490,000 for a 0 bedroom, 1 bathroom suite and $4,280,000 for a 3 bedroom, 5 bathroom suite.
8 The Esplanade, Toronto, ON
The L Tower is located in the heart of Toronto and steps away from the Financial District, St Lawrence Market, Union Station and Toronto’s Harbourfront. Suites range between approximately 411-11,449 square feet and enjoy breathtaking views of the city and Lake Ontario. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $720,000 for a 1 bedroom, 1 bathroom suite and $1,945,000 for a 2+1 bedroom, 3 bathroom suite.
80 Front Street, Toronto, ON
Market Square consists of over 300 spacious suites ranging between approximately 1,092-3,588 square feet. Residents enjoy easy access to the St Lawrence market, as well as the many different shops and restaurants the area has to offer. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $965,000 for a 1+1 bedroom, 2 bathroom suite and $1,800,000 for a 2+1 bedroom, 2 bathroom suite.
1 Scott Street, Toronto, ON
London on the Esplanade is a 32 storey building that consists of 444 suites that range between approximately 345-3,205 square feet. Residents of 1 Scott enjoy first-class amenities including but not limited to a rooftop pool and fitness area. It is conveniently located steps from Toronto’s Financial District, St Lawrence Market and Toronto’s Harbourfront. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $500,000 for a 0 bedroom, 1 bathroom suite and $1,200,000 for a 1 bedroom, 2 bathroom suite.
39 & 29 Queens Quay East, Toronto
Pier 27 is one of the most unique condos in Toronto. It is situated on Toronto’s waterfront and includes suites ranging between approximately 500-2,800 square feet with many of them enjoying beautiful city and lake views. The building is conveniently located steps from Toronto’s Harbourfront Centre and Financial District. Between January 2022 and the time of this blog post, December 2022, prices in 39 & 29 Queens Quay East combined have ranged between $868,000 for a 1 bedroom, 1 bathroom suite and $6,000,000 for a 3 bedroom, 4 bathroom suite.
15 Queens Quay East, Toronto, ON
15 Queens Quay is 34 storeys and is phase III of Pier 27 project. The building consists of 419 suites that range between approximately 604-1,175 and include massive balconies which enjoy both city and lake views. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $750,000 for a 1+1 bedroom, 1 bathroom suite and $1,774,000 for a 3 bedroom, 2 bathroom suite.
33 Harbour Square, Toronto, ON
33 Harbour Square includes some of the largest condo suites along on the Harbourfront. Suites range between approximately 546-2,146 square feet with many enjoying stunning lake and city views. Many of the suites also include multi-levels which give the feel of a townhome in the sky. Although many of the suites have dated finishes, they offer endless potential for those looking for a large living space and who are open to adding their own personal touch. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $600,000 for a 0+1 bedroom, 1 bathroom suite and $1,355,000 for a 2 bedroom, 2 bathroom suite.
65 & 55 Harbour Square, Toronto, ON
65 & 55 Harbour Square consists of 38 Storeys and 602 suites that range between approximately 287-3,626 square feet with many enjoying beautiful city and lake views. Residents enjoy easy access to Toronto’s harbourfront, Financial District and more. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $705,000 for a 1 bedroom, 1 bathroom suite and $1,937,500 for a 2+1 bedroom, 2 bathroom suite.
480 & 460 Queens Quay West, Toronto, ON
Kings Landing consists of only 11 storeys and 101 suites with many of them enjoying large terraces and views of Lake Ontario as well as the city. Suites range between approximately 1,215-4,472 square feet making them some of the largest condos within the Harbourfront community. Residents enjoy easy access to the water, the Music Garden and Queens Quay TTC streetcar line located directly in front of the building. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,850,000 for a 2 bedroom, 2 bathroom suite and $1,990,000 for a 2 bedroom, 3 bathroom suite.
EAST TORONTO
39 Jarvis Street, Toronto, ON
The Saint James consists of 103 suites ranging between approximately 378-2,465 square feet. Residents enjoy easy access to the St Lawrence Market as well as the many great shops and restaurants in the St Lawrence Market community. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $645,000 for a 1 bedroom, 1 bathroom suite and $1,280,00 for a 1+1 bedroom, 2 bathroom suite.
70 Distillery Lane, Toronto, ON
70 Distillery Lane is located in Toronto’s beautiful and historical Distillery District. The building consists of 40 storeys and over 350 suites that range between approximately 524-1,871 square feet and enjoy stunning views of the city and Lake Ontario. The amenities in 70 Distillery Lane are excellent and include a rooftop pool and lounge area, party room with city views, gym, yoga studio, games room and saunas. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $575,000 for a 1 bedroom, 1 bathroom suite and $1,450,00 for a 2 bedroom, 2 bathroom suite.
390 Cherry Street, Toronto, ON
The Gooderham consists of 36 storeys and has 320 suites which approximately range between 493-1,527 square feet and which enjoy stunning city and lake views. Residents enjoy first-class amenities as well as the many different restaurants, shops and cafes found within the historical Distillery District. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $675,000 for a 1+1 bedroom, 1 bathroom suite and $1,700,00 for a 2+1 bedroom, 2 bathroom suite.
55 Merchants’ Wharf, Toronto, ON
Aquilina at Bayside is a new development and is the first condo to be built in the new Bayside community. The building consists of 13 storeys and 362 suites ranging between approximately 532-3,179 square feet with stunning views of both the city and Lake Ontario. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $650,000 for a 1 bedroom, 1 bathroom suite and $2,470,00 for a 2+1 bedroom, 3 bathroom suite.
1 Edgewater Drive, Toronto, ON
Aquavista at Bayside consists of suites ranging between 462-3,796 square feet with breathtaking city and lake views. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $610,000 for a 1 bedroom, 1 bathroom suite and $915,000 for a 2 bedroom, 2 bathroom suite.
118 Merchants’ Wharf, Toronto, ON
Aquabella consists of 12 storeys and 173 suites ranging between approximately 1,616-4,061 square feet with many including massive terraces overlooking the harbour. Aquabella is the true definition of luxury living on the water in Toronto. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $810,000 for a 2 bedroom, 2 bathroom suite and $2,495,000 for a 2 bedroom, 3 bathroom suite.
68 Broadview Ave, Toronto, ON
Broadview Lofts consists of a wide range of beautiful hard lofts with wood post and beams, exposed brick, concrete floors and massive black framed windows. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $809,000 for a 1 bedroom, 1 bathroom loft and $1,584,500 for a 2+1 bedroom, 1 bathroom loft.
9 Boardwalk Drive, Toronto, ON
The Boardwalk II consists of 9 storeys and only 98 suites ranging between approximately 584-2,280 square feet. Residents enjoy easy access to Woodbine Beach directly across Lake Shore Blvd East as well as the boardwalk which is a popular destination for locals for both early morning and sunset walks by the beach. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,500,000 for a 2 bedroom, 2 bathroom suite and $1,549,900 for a 2 bedroom, 2 bathroom suite.
899 Queen Street East, Toronto, ON
The Logan Residences is located in South Riverdale and consists of only 6 storeys and 69 suites that range between approximately 611-1,648 square feet. Residents enjoy easy access to the Queen streetcar line as well as the many great restaurants and shops along Queen Street East. Between January 2022 and the time of this blog post, December 2022, there has only been one sale which was a 2 bedroom, 2 bathroom suite which sold for $1,150,000.
201 Carlaw Avenue, Toronto, ON
The Printing Factory lofts is a popular condo amongst those who prefer living in a loft versus a traditional condo. This unique condo building consists of a wide range of lofts that range between approximately 460-1,560 square feet. If you’re looking for a traditional loft building, this may be the perfect fit for you. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $695,000 for a 1 bedroom, 1 bathroom suite and $1,100,000 for a 2 bedroom, 2 bathroom suite.
233 Carlaw Ave, Toronto
The Garment Factory Lofts consists of both hard and soft lofts and includes a wide range of lofts ranging between approximately 455-1,288 square feet. Residents enjoy easy access to the many different restaurants, shops and cafes along Queen Street East. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $645,000 for a 1 bedroom, 1 bathroom suite and $1,192,500 for a 2 bedroom, 2 bathroom suite.
WEST TORONTO
637 Lake Shore Blvd West, Toronto, ON
Tip Top Lofts is one of Toronto’s most iconic condos which consists of 11 storeys and 256 lofts with soaring ceilings, open concepts and large bright windows. Lofts range between approximately 400-3,209 square feet. Residents enjoy easy access to Toronto’s waterfront, as well as the expansive Coronation Park including the very popular Coronation Dog Park. With a TTC streetcar line directly in front of the building running along Lake Share Blvd W, getting around the city is a piece of cake. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $801,000 for a 1 bedroom, 1 bathroom loft and $2,495,000 for a 2+1 bedroom, 2 bathroom suite.
552 Wellingston Street & 55 Stewart Street, Toronto, ON
The Thompson Residences includes luxury suites ranging between approximately 393-7,617 square feet including some suites with multi-levels and rooftop terraces. The residents enjoy luxury finishes, services and amenities which are shared with the luxury hotel connected with the condo. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $545,000 for a 0+1 bedroom, 1 bathroom suite and $1,800,000 for a 2 bedroom, 3 bathroom suite.
25 Oxley Street, Toronto, ON
Glas consists of 16 storeys and over 160 suites ranging between approximately 409-1,891 square feet. This building is conveniently located steps from Toronto’s Entertainment District where residents enjoy the many different entertainment options and restaurants. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $520,000 for a 1 bedroom, 1 bathroom loft and $1,300,000 for a 2+1 bedroom, 2 bathroom loft.
88 Blue Jays Way, Toronto, ON
The Bisha Hotel and Residence consists of 355 suites that range between approximately 370-2,552 square feet. Many of the suites offer breathtaking city and lake views and residents enjoy first class amenities and fine dining options within the building as well as the surrounding area. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $500,000 for a 0+1 bedroom, 1 bathroom suite and $2,050,000 for a 2+1 bedroom, 3 bathroom suite.
80 John Street, Toronto, ON
Festival Tower consists of 46 storeys and over 370 suites ranging between approximately 487-2,765 square feet with stunning views of Toronto. Residents enjoy a wide range of amenities and services including dog walking, spa, housekeeping services and more. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $624,000 for a 1 bedroom, 1 bathroom suite and $2,550,000 for a 2+1 bedroom, 2 bathroom suite.
955 Queen Street West, Toronto, ON
The Chocolate Company Lofts are a great option for those looking to enjoy the hustle and bustle of Queen Street West and Trinity Bellwoods. This building includes suites of many sizes which include 10.5′ ceiling heights, massive bright windows and concrete floors. Residents enjoy the many different shops and restaurants along Queen Street West. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $627,500 for a 0+1 bedroom, 1 bathroom loft and $1,180,000 for a 2 bedroom, 2 bathroom loft.
993 Queen Street West, Toronto, ON
The Candy Factory Lofts was once an actual candy factory owned by Ce De Candy Company. This beautiful building consists of only 6 storeys and 121 lofts that range between approximately 920-4,273 square feet and include 12-14 foot ceilings. This building is truly one of a kind. Residents enjoy the many great shops and restaurants in the area as well as the beautiful Trinity Bellwoods which include breathtaking cherry blossoms in the spring. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $1,300,000 for a 1 bedroom, 1 bathroom loft and $2,625,000 for a 2+1 bedroom, 2 bathroom loft.
901 Queen Street West, Toronto, ON
Trinity Park Lofts consists of 7 storeys and includes lofts of various sizes ranging between approximately 401-1,560 square feet. It’s convenient location is perfect for those who enjoy the hustle and bustle of city living. Residents enjoy easy access to Trinity Bellwood Park located directly across the street as well as the many restaurants and shops along Queen Street West. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $750,000 for a 1+1 bedroom, 1 bathroom loft and $901,000 for a 1+1 bedroom, 1 bathroom loft.
505 Richmond Street West, Toronto, ON
WaterWorks Toronto is a newer development which consists of 13 storeys and 299 suites ranging between approximately 550-2,500 square feet. Residents enjoy easy access to the many great restaurants, cafes and shops along both King West, Queen West and Spadina. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $695,000 for a 1 bedroom, 1 bathroom suite and $2,600,000 for a 2+1 bedroom, 3 bathroom suite.
438 Richmond Street West, Toronto, ON
The Morgan consists of a wide range of suites that range between approximately 412-4,110 square feet. The building is located on the north-west corner for Richmond Street and Spadina and can’t be missed due to its beautiful design. Residents enjoy easy access to everything the core of Toronto has to offer. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $630,000 for a 1+1 bedroom, 1 bathroom suite and $1,870,000 for a 2 bedroom, 3 bathroom suite.
388 Richmond Street West, Toronto, ON
District Lofts lofts consists of a wide range of award-winning, two-storey lofts which include 18′ windows. Lofts range between approximately 610-2,450 square feet and offer beautiful city views. The building is conveniently located steps from Richmond and Spadina where you can find many great shops, restaurants and cafes. Between January 2022 and the time of this blog post, December 2022, prices have ranged between $700,000 for a 1 bedroom, 1 bathroom loft and $1,110,000 for a 2 bedroom, 1 bathroom loft.
Are you thinking of making a move, downsizing or have questions about the current market? I’ve helped many clients with making the transition from a larger home to a condo and would be more than happy to help you. Feel free to contact me any time with your questions. I’m always happy to help.
