Toronto Condos
Condominium homes are the predominant housing type, comprising almost one third of the dwellings in the city, and the remaining homes are primarily small apartment buildings, townhouses and single detached homes.
Most of the homes in this community have4 bedrooms or more & three bedrooms. In the metropolis, homeowners occupy about 60 percent of the properties, while the remaining 40 percent are rented. Construction of the new homes in the city was spread out over several decades in the 20th and 21st centuries; this city did not go through a singular building boom.
Number of listings and average price
Toronto condos have 3091 listings. Mainly condominiums have three types of listings including active listings, sold out listings and new listings. Number of listings depends on the number of bedrooms and housing types. Condominiums have 2836 new listings, 1116 sold listings and 3058 active listings.
The average price for Toronto condos for sale in 2009 was $362,305. The average home sale price in Toronto is $1,095,590 as indicated by recent MLS statistics. The city has 19 median days to sell a home in the real estate market. Average price varies with the number of bedrooms and housing types.
Condos have an average price of $738K. Condominiums with one bedroom have an average price of $622K, with two beds have an average price of $867K and with three beds have an average price of $936K.
Features and Amenities
An individually owned residential apartment in a building or complex of similar units is referred to as a condo or condominium. Despite sharing shared areas, amenities, and other resources, condominium owners own their individual units. They pay condominium fees, which go towards maintaining shared areas, providing amenities, and paying for maintenance.
One of the most crucial factors to take into account when purchasing an apartment is the amenities. These include, among other things, a visitor parking lot, a function area, a lap pool, and a gym.
Condos available within 550K
Different condos are available for sale within the above mentioned range. A one bedroom and one bathroom townhome of 500 to 599 sq ft is available for sale at 225 VILLAGE GREEN SQ TORONTO, CANADA. This amazing townhome is for $550,888. Another 2 beds and 1 bath condo of around 900 to 999 sq ft is available for sale at 1 MASSEY SQ, TORONTO, CANADA. This amazing townhome is for $500,999.
Similarly, you can buy a two bedroom and one bathroom condo of around 900 to 999 sq ft is for sale at 155 BEECROFT RD, TORONTO, CANADA. This wonderful condo is for $550,000.
Some more about Toronto
Toronto has the most affordable and amazing condominium homes. Average sold price is $1.1M which shows a monthly change of 4 percent and yearly change of 12.2 percent. Almost 2066 homes have been sold out in the last 28 days. The selling to listing price ratio in Toronto is about 101 percent. It is the 5th fastest growing city in Canada and 12th fastest selling city in Canada. You can enjoy a quality of life in your own home.
