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  • keepark1

Condo Market Trend - Assignment

August 2018



Hi everyone, I wanted to share myย recent insights about the condo assignment market. Hope it helps! โ˜บ๏ธ๐Ÿ’›


Insights

  • Over-supply of North-facing units = not selling well.

  • High demand for South facing units with clear views. (no units available)

  • High demand for good large units in Yorkville area with price of $1.5-3M.

  • Medium demand for $800,000-$1,000,000 for large 2Bedroom units.

  • North York is over-priced.

  • Downtown still is the better value and potential.



Average price per sqft (assignment)

  • Markham:ย  ย $700-900psf

  • North York:ย  ย $900-1100psf

  • Eglinton:ย  ย $1000-1200psf

  • King/Queen West:ย  ย $1000-1300psf

  • Queen East:ย  ย $800-1100psf

  • Lake East:ย  ย $1000-1600psf

  • Yorkville:ย  ย $1300-3000psf

  • Islington:ย  ย $700-900psf


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