Yorkville Toronto Condo Market Report
1ST Quarter 2017 Sold Prices Per Square Foot & Luxury Unit Sales
Lack Of Supply Accelerates Yorkville Toronto Condo Market
To Even Higher Sale Prices & Faster Sales
• The average selling price for a Yorkville condo this quarter was $1,512,740 up from the previous quarter’s $1,343,460.
• Average sold price per square foot was $1069 up from last quarter’s $976.
• It took 25 days on average for a Yorkville condo to sell; 12 days faster than in the previous quarter.
Yorkville Luxury Condo Sales Over $2M
The 1st quarter of 2017 had only 7 suite sales over $2 million as compared to the previous quarter when 19 units sold. The average sold price of a luxury condo was $4,131,714. This is up over 36% from the previous quarter average sold price of $3,067,369.
In Yorkville, $1,482 is now the average sold price per square foot for a luxury condo priced over $2M.
The Yorkville luxury condo market accelerated in the 1st quarter as it took only 28 days for a luxury suite to sell; 22 days faster than in the previous quarter.
There were 2 units that sold over the $5M mark which helped to raise the sale values significantly for Yorkville luxury condos in this quarter.
This quarter’s 7 sales of luxury condos took place in six Yorkville condo buildings:
|Yorkville Luxury Condo Building
Name & Address
|# of Luxury Units Sold
1st Quarter 2017
|The Four Seasons Private Residences 50 Yorkville Ave||2|
|The Four Seasons Private Residences 55 Scollard St||1|
|155 Cumberland St||1|
|277 Davenport Rd||1|
|Pears On The Avenue 170 Avenue Rd||1|
|The Regency 68 Yorkville Ave||1|
Yorkville Condos Average Price Per Square Foot
The first quarter of 2017 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $1069; up 9.5% from the previous quarter’s $976.
|Type Of Condo Unit||Average Sold Price
Per Square Foot
|1 Bedroom Condo||$972|
|1 Bedroom Plus Den Condo||$950|
|2 Bedroom Condo||$998|
|2 Bedroom Plus Den Condo||$1224|
|3 Bedroom Or Larger||$1202|
Yorkville Condos Sales Volume
85 condo units sold in the first quarter of 2017 which was 7 units less than in the previous quarter.
Yorkville Resale Condos Days On Market Comparison
It took 25 days for a Yorkville condo to sell in the 1st quarter; 12 days faster than in the previous quarter.
Yorkville Condo Resale Values 2016 Fourth Quarter
The average selling price for a Yorkville condo was $1,512,740; up almost 13% from the 4th quarter’s $1,343,460.
|Type Of Condo Unit||# Sold||Average
|% of List||Average
Number Of Days
|1 Bedroom Condo||20||$581,440||101||14|
|1 Bedroom Plus Den Condo||11||$722,282||110||19|
|2 Bedroom Condo||38||$999,826||101||25|
|2 Bedroom Plus Den Condo||10||$2,008,000||99||26|
|3 Bedroom Or Larger||6||$3,251,750||97||42|
Victoria Boscariol is a real estate agent in Toronto Canada with Chestnut Park Real Estate Limited Brokerage. With over 20 years experience, Victoria has been helping people successfully buy and sell condos and houses in Yorkville and downtown Toronto. As a Certified International Property Specialist (CIPS) she has worked with Buyers from around the world moving to Toronto from China, Russia, Brazil, India, South Africa, United Arab Emirates, Jordan, Cyprus, Italy, Germany, The United Kingdom, Australia and the United States.
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 …