The Yorkville Toronto condo market continues to gain strength with higher sold prices.
• Average sold price per square foot was $880 up from 2nd quarter’s $843.
• The average selling price for a Yorkville condo reached $2,084,152 up dramatically from last quarter’s $1,332,752.
• It took only 48 days to sell a Yorkville condo in this quarter as compared to the previous quarter when it took an average of 67 days.
Yorkville Luxury Condo Sales
The luxury segment of the Yorkville Condo market also continued to see steady increases in suite sold prices over $2M. Even though the average sold price per square foot was $1210 (down slightly from last quarter’s $1242), the average sold price for a Yorkville condo rose to $3,748,929, up almost 8% from the previous quarter’s $3,478,483. This time last year the average sold price for a Yorkville luxury condo was $2,737,438 at a cost of $1197/square foot.
This quarter’s 14 sales of luxury condos took place in 10 Yorkville condo buildings:
|Yorkville Luxury Condo Building
Name & Address
|# of Luxury
3rd Quarter 2015
|1 St. Thomas Street||3|
|Four Seasons Private Residences 50 Yorkville Avenue||2|
|The Florian 88 Davenport Road||2|
|The Hazelton Private Residences 118 Yorkville Avenue||1|
|Four Seasons Private Residences 55 Scollard St||1|
|The Prince Arthur 38 Avenue Road||1|
|Pears On The Avenue 170 Avenue Rd||1|
|77 Charles Street West||1|
|The Regency 68 Yorkville Ave||1|
|1132 Bay Street||1|
Yorkville Condos Average Price Per Square Foot
The third quarter of 2015 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $880, up 4% from the previous quarter’s $843.
|Type Of Condo Unit||Average Sold Price
Per Square Foot
|1 Bedroom Condo||$800|
|1 Bedroom Plus Den Condo||$729|
|2 Bedroom Condo||$858|
|2 Bedroom Plus Den Condo||$1174|
|3 Bedroom Or Larger||$840|
Yorkville Condos Sales Volume
60 condo units sold in the third quarter of 2015. Sales volume decreased 37% from the second quarter when 95 Yorkville condo apartments sold.
Yorkville Resale Condos Days On Market Comparison
In this 3rd quarter it took 48 days to sell a Yorkville condo – 19 days faster than in the last quarter
Yorkville Condo Resale Values 2015 Third Quarter
The average sold price for a condo is Yorkville is $2,084,152 up from the second quarter’s $1,332,752.
|Type Of Condo Unit||# Sold||Average
|% of List||Average
Number Of Days
|1 Bedroom Condo||15||$509,520||99||43|
|1 Bedroom Plus Den Condo||6||$694,633||98||48|
|2 Bedroom Condo||26||$1,233,274||97||33|
|2 Bedroom Plus Den Condo||9||$2,723,333||97||46|
|3 Bedroom Or Larger||4||$5,260,000||103||69|
There is always a healthy supply of condominium units available for sale in the Yorkville area. However, the best suites, the units with the great floor plans, clear views and in the good buildings sell right away. Top valued condos sell within days and if you want the opportunity …