Condo Market Trend - Assignment

August 2018

Hi everyone, I wanted to share my recent insights about the condo assignment market. Hope it helps! ☺️💛

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:   $700-900psf

• North York:   $900-1100psf

• Eglinton:   $1000-1200psf

• King/Queen West:   $1000-1300psf

• Queen East:   $800-1100psf

• Lake East:   $1000-1600psf

• Yorkville:   $1300-3000psf

• Islington:   $700-900psf

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