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Richmond Hill
8888 Yonge Street Condos is a new mid-rise condo development by Metroview. Prices estimated to be starting from $300,000 - $1,000,000 and will feature 199 units at 15 storeys. 8888 Yonge Street Condos is nearby Morgan Boyle Park and the Richmond Hill GO Station. The project is estimated to be completed in 2023 and will be lo...
10 May, 19 -
North York
Lansing Square is a new high-rise condo development by Elad Canada. Prices estimated to be starting from $439,000 and will feature 1354 units in multiple phases. Lansing Square Condos is nearby the Don Mills TTC Station . The project is estimated to be completed in 2023 and will be located at 2550 Victoria Park Avenue in Nor...
6 May, 19 -
Mississauga
Rise at Stride Condos is a new low-rise condo development by Kingsmen Group Inc. Prices estimated to be starting from $500,000 to over $1,000,000. Rise at Stride Condos is nearby Spruce Park and the Dixie GO Station. The project is estimated to be completed in 2023 and will be located at Stride Community 501 Lakeshore Road E...
25 Apr, 19 -
Toronto
Anx Condos is a new mid-rise condo development by Freed Developments. Prices estimated to be starting from $400,000 and will feature 85 units at 13 storeys. Anx Condos is nearby Spadina Parks and the Dupont Station. The project is estimated to be completed in 2023 and will be located at 328 Dupont Street, Toronto, ON in the ...
23 Apr, 19 -
Etobicoke
Kingsway Crescent is a new low-rise condo development by Harhay Developments. Prices estimated to be starting from $400,000 and will feature 114 units at 8 storeys. Kingsway Crescent is nearby Lambton Woods and the Royal York TTC Subway Station. The project is estimated to be completed in 2023 and will be located at Old Dund...
18 Apr, 19 -
North York
Crosstown Condos is a new high-rise condo development by Aspen Ridge Homes. Prices estimated to be starting from $400,000 and will feature multiple buildings. Crosstown Condos is nearby Wilket Creek Park new Eglinton LRT, The project is estimated to be completed in 2023 and will be located at 844 Don Mills Road in the Flemin...
18 Apr, 19 -
Vaughan
Vaughan Metropolitan Centre is a new high-rise condo development by QuadReal. Prices estimated to be starting from $400,000 and will feature 1800 units at 50 storeys. Vaughan Metropolitan Centre is nearby Vaughan Metropolitan Centre Transit. The project is estimated to be completed in 2023 and will be located at Weston Rd & ...
29 Mar, 19 -
Toronto
St. Clair Village Condos is a new low-rise condo development by Canderel Residential. Prices estimated to be starting from $400,000 and will feature 122 units at 12 storeys. St. Clair Village Condos is nearby Roseneath Park and the St. Clair West TTC Subway Station. The project is estimated to be completed in 2023 and will b...
28 Mar, 19 -
Vaughan
SXSW (South By South Woodbridge) Condos In Woodbridge is a new high-rise condo development by Primont Homes. Prices estimated to be starting from $400,000 and will feature units and stories that will be announced soon. SXSW Condos In Woodbridge is nearby Plunkett Park and the Pioneer Village TTC Subway Station. The project i...
26 Mar, 19 -
Etobicoke
36 Zorra Condos is a new high-rise condo development by Altree Developments. Prices estimated to be starting from $400,000 and will feature 460 units at 35 storeys. 36 Zorra Condos is nearby Queensland Park and the Mimico Station. The project is estimated to be completed in 2023 and will be located at 36 Zorra Street, Toront...
26 Mar, 19 -
Toronto
KSquare is a new high-rise condo development by Kingdom Development. Prices estimated to be starting from $400,000 and will feature 644 units at 35 storeys. KSquare is nearby Metrogate Park and the Midland Subway Station & Agincourt GO Station. The project is estimated to be completed in 2023 and will be located at 2035 Kenn...
22 Mar, 19 -
Toronto
Pacific Condos In The Junction is a new lowrise condo development by Old Stonehenge. Prices estimated to be starting from $400,000 and will feature 102 units at 7 storeys. Pacific Condos In The Junction is nearby High Park and the Keele Subway Station. The project is estimated to be completed in 2023 and will be located at 2...
19 Mar, 19 -
Vaughan
Mobilio Condos is a new high-rise condo development by Menkes Developments Ltd. Prices estimated to be starting from $400,000+. Mobilio Condos is nearby Boyd Conservation Park and the Vaughan Metropolitan Centre Subway. The project is estimated to be completed in 2023 and will be located at Interchange Way and Highway 7 in t...
14 Mar, 19 -
Toronto
Chateau Auberge On The Park is a new high-rise condo development by Tridel. Prices estimated to be starting from $400,000 and will feature 251 units at 29 storeys. The project is estimated to be completed in 2023 and will be located at Eglinton Ave E & Leslie St in the Flemington Park neighbourhood in Toronto.
...11 Mar, 19 -
Toronto
Reunion Crossing is a new Mid-rise condo development by Diamond Kilmer Developments. Prices estimated to be starting from $400,000 and will feature 276 units at N/A storeys. Reunion Crossing is nearby Sandra Park and the Old Weston TTC Streetcar Stop. The project is estimated to be completed in 2023 and will be located at 42...
11 Mar, 19 -
Toronto
Terrasse Condos at The Hunt Club is a new low-rise condo development by Sunrise Gate Homes. Prices estimated to be starting from $400,000 and will feature 30 units at 8 storeys. Terrasse Condos at The Hunt Club is nearby Blantyre Park and the Victoria Park TTC and Danforth GO. The project is estimated to be completed in 2023...
11 Mar, 19 -
Mississauga
Avia Condos at Parkside Village is a new condo development by Amacon. Prices are estimated to be starting from $300,000+. Avia Condos is estimated to be completed in 2023 and will be located on Burnhamthorpe Road West and Confederation Parkway at Square One in Mississauga.
Parkside Village is a master planned community w...
6 Mar, 19 -
Mississauga
Exchange District Condos is a new high-rise condo development by Camrost-Felcorp. Prices are estimated to be starting from $400,000 to over $1,000,000 and will feature mixed retail, office, shopping & dining. Exchange District is nearby Square One Mall and the Hurontario LRT Transit. The project is estimated to be completed ...
25 Feb, 19 -
Richmond Hill
NEXT Phase Condos is a new midrise condo development by Sequoia Grove Homes. Prices estimated to be starting from $400,000. NEXT Phase Condos is nearby Richmond Green Park and the Elgin Mills Rd @ Melbourne Drive Bus Stop. The project is estimated to be completed in 2023 and will be located at 1000 Elgin Mills Rd E in the El...
25 Feb, 19 -
North York
831 Glencairn Avenue Condos is a new boutique condo development by Chestnut Hill Developments. Prices estimated to be starting from $400,000 and will feature 224 units at 10 storeys. 831 Glencairn Avenue Condos is nearby Wendrely Park and the Glencairn Subway Station. The project is estimated to be completed in 2023 and will...
25 Feb, 19 -
Mississauga
S2 at Stonebrook is a new high-rise condo development by United Lands. Prices estimated to be starting from $400,000's to over $1,500,000. S2 at Stonebrook is nearby Meadow Wood Park and the Clarkson GO Station. The project is estimated to be completed in 2022 and will be located at Lakeshore Road West and Southdown Road in ...
14 Feb, 19 -
Toronto
Bartley Towns is a new luxury townhouse development by Bazis Inc. Prices estimated to be starting from $1,000,000 and will feature 88 units. Bungalow on Mercer is nearby Bartley Park and the Eglinton Ave East At Jonesville Cres East Side Bus Stop. The project is estimated to be completed in 2021 and will be located at 104 Ba...
28 Jan, 19 -
Toronto
Bungalow on Mercer is a new low-rise Condo development by Kalovida Canada. Prices estimated to be starting from $2,000,000 and will feature 13 units at 18 storeys. Bungalow on Mercer is nearby Clarence Square Park and the St Andrew TTC Station. The project is estimated to be completed in 2022 and will be located at 24 Mercer...
28 Jan, 19 -
Toronto
Rack House D Condos is a new low-rise condo development by Cityscape Development Corp. Prices estimated to be starting from $400,000 and will feature 246 units at 34 storeys. Rack House D Condos is nearby Corktown Common Park and the Distillery Loop Streetcar. The project is estimated to be completed in 2022 and will be loca...
28 Jan, 19
Condo Market Forecast 2019
Toronto Condo Market in 2019
Toronto is one of the giant real estate areas that has seen its fair share of growth in the condo market! Sales have been steadily rising since 2016 when buying a house in the Toronto area due to tighter mortgage qualifications rules and now also the higher interest rates.
As a result of this demand for condos has been very high in the 406 and 905 municipalities. According to the Building and the Land Development Association together with the Toronto Real Estate Board, the average price of new construction condos saw a huge growth of 12% in the previous years and is currently standing at $768,602. For those seeking to sell their existing condos, the average price currently sits at $595,678 which was really a 7.5% increase from the previous year. The 2019 season is expected to regulate the condo market with prices starting to fall later in the year. Early 2019 is predicted to see a rise by 5 % then is expected to fall afterward.
There are, however, different opinions available from other analysts that are still optimistic about the rise of the condo market for a more balanced in 2019. Some believe that the market will rise even further from 5% up to 8%, which will be a positive scenario for both buyers and sellers. Right now, condos that are currently priced at the $800,000 price point are still trending in the market just like condos that can be considered to be character buildings.
High prices in the city of Toronto are pushing consumers more and more towards the outskirts such as the Etobicoke and Scarborough areas to search for condos. There is a large discrepancy between the prices of condos that are closer to the downtown area when compared to condos that are further from the center of town. If you are currently looking for a condo and want to get one that will give you the best value for your money in 2019, please head over to our website at condoroyalty.com today to see a full list of condo developments in the GTA.
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