Wednesday, April 23, 2025 / by Matthew Daniel Tamburello
HomeBuyers, HomeSellers & Investors: What Is The Average Condo Price?
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
As of today’s date, a quick Google search will tell you the average cost of a one-bedroom condo in Toronto is $579,000. At that price, even if you had a 10% down payment, your monthly mortgage payments over a 20-year amortization would be about $2,700 a month.
Now that you’ve gotten the information you came for, let’s explore this a bit deeper, because of course, your situation is unique to you, and there will be some variables to consider when looking for your perfect condo.
In this article, we’ll breakdown what contributes to the average cost of a condo, and how you can adjust your preferences (and possibly lower your expectations) to find the condo of your dreams in Toronto.
Three Things That Effect the Price of Condos
Amenities
It goes without saying that there are some pretty amazing condo buildings poppi! ...