Yorkville Toronto Condo Market Report
Price Per Square Foot Sold Stats 2013 Fourth Quarter

The Yorkville Toronto condo market continues to see increasing sold prices.  Average sold price per square foot for this fourth quarter was $825, an increase of 2.6% from the 3rd quarter of 2013 which was $804.  Sales volume was also up 25% in comparison to the previous quarter of 2013.

Yorkville Luxury Condo Sales
The increase in sold price per square foot can be accounted for by the record number of solds in the luxury resale condo market sector in Yorkville.  12 luxury condo suites sold for between $2.2M to $6M in the 4th quarter of 2013 which was at least double that of every other quarter of 2013.

These 12 sales took place in a handful of Yorkville luxury condo buildings and also accounted for 24% of the sales volume for the quarter.

Yorkville Luxury Condo Building
Name & Address
# of Luxury Units Sold
Over $2.2M 4th Quarter 2013
Four Seasons Private Residences 50 Yorkville Ave 4
1 St. Thomas Street 3
10 Bellair Street 2
Hazelton Private Residences 118 Yorkville Ave 1
The Prince Arthur 38 Avenue Road 1
The Regency 68 Yorkville Avenue 1

 

2013 By Quarter

# of Yorkville Luxury Units
Sold Over $2.2M

1st Quarter 2
2nd Quarter 6
3rd Quarter 5
4th Quarter 12


Yorkville Condos Average Price Per Square Foot

The fourth quarter of 2013 resale stats for Yorkville Toronto condos reveals that the average sold price per square foot for a Yorkville condo was $825.  Sold prices per square foot continue to climb as this is up from $804 in the 3rd quarter and $718 in the 2nd quarter of 2013.

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $673
1 Bedroom Plus Den Condo $798
2 Bedroom Condo $750
2 Bedroom Plus Den Condo $1052
3 Bedroom Or Larger $851

Yorkville Condo Sales Volume
50 condo units sold in the fourth quarter of 2013. This was up from the 40 condo apartments that sold in the third quarter of 2013.

Yorkville Resale Condos Days On Market Comparison
It took an average of 50 days for a Yorkville condo to sell in the fourth quarter of 2013 which is only 1 day less than the third quarter of 2013 when it took an average of 51 days to sell.

Yorkville Condo Resale Values 2013 Fourth Quarter
The average sold price for a condo in Yorkville is $1,607,710 dramatically up from last quarter’s $1,128,169 and again can be accounted for by the greater number of sales of luxury condo units in Yorkville in the 4th quarter.

Type Of Condo Unit # Sold Average
Sold Price
% of List Average
Number
Of Days
On Market
1 Bedroom Condo 6 $395,167 96 61
1 Bedroom Plus Den Condo 7 $535,500 98 30
2 Bedroom Condo 21 $991,595 96 55
2 Bedroom Plus Den Condo 13 $2,629,286 93 81
3 Bedroom Or Larger 2 $3,487,000 93 24

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There is always a healthy supply of condominium units available for sale in the Yorkville area. However, the best suites – the preferred units with the best floor plans and the best views in the best buildings sell right away. These top valued condos sell within days and if you want the opportunity …