Yorkville Toronto Condo Prices Up 13.4% From Last Year

2015 Yorkville Toronto Condo Market Recap Report Sold Prices Per Square Foot & 2016 Sales Forecast

Yorkville’s Resale Condo Market roared in 2015 with higher prices and more suites sold as compared to a year ago.

The average sale price for a Yorkville condo rose to $1,371,728 up 13.4% from last year.
The average sold price per square foot also edged higher to $827 from $798 in 2014.
266 Yorkville condo units sold in 2015, an increase of 18% more than in the previous year.
It took an average of 56 days on market to sell a Yorkville condo in 2015, 11 days longer than in 2014.

2015 Yorkville Condo Sales
Type Of Condo Unit	Average Sold Price Per Square Foot	Average Sold Price
1 Bedroom Condo	$780	$495,732
1 Bedroom Plus Den Condo	$707	$603,238
2 Bedroom Condo	$858	$1,200,914
2 Bedroom Plus Den Condo	$972	$1,913,401
3 Bedroom Or Larger Condo	$808	$3,201,944

Yorkville’s Luxury Condo Market
Suites Sold Over $2 Million In 2015

The average sold price for a luxury condo in 2015 was $3,217,790 up 9% from last year.
The average sold price per square foot for a luxury resale condo in 2015 was $1156 up slightly from $1148 in 2014.
43 luxury condo units sold over $2M in 2015 up 30% from the previous year.
The bulk of these luxury sales took place at the Four Seasons Private Residences

2015 Yorkville Luxury Condo Sales
Yorkville Luxury Condo Building Name & Address	# of Luxury Units Sold Over $2.0M In 2015
Four Seasons Private Residences 50 Yorkville Ave	8
1 St. Thomas Street	7
The Florian 88 Davenport Rd	5
The Prince Arthur 38 Avenue Rd	4
The Hazelton 118 Yorkville Ave	3
Four Seasons Private Residences 55 Scollard St	3
155 Cumberland St	2

It took 79 days to sell a Yorkville luxury condo, only slightly longer than in 2014 when it took 75 days.

Ultra Luxury Suites Sales Over $5 Million In Yorkville
3 luxury units sold over the $5M mark as compared to in 2014 when only 1 unit sold over $5 million.

What’s In Store For The Yorkville Condo Market In 2016
Several new condo buildings will be completed and are expected to register adding roughly another 1545 units to the neighbourhood:

One Bloor 1 Bloor St East – 732 units

181 Davenport Rd – 110 units

Exhibit Condos 200 Bloor St West – 200 units

277 Davenport Rd – 10 units

Yorkville Plaza 155 Yorkville Ave (old Four Seasons Hotel Tower) – 493 units