Yorkville Toronto Condo Market Report
2nd Quarter 2017 Sold Prices Per Square Foot & Luxury Unit Sales
Yorkville Condo Units Taking Longer To Sell But Sold Prices Continue To Go Higher
• The average selling price for a Yorkville condo this quarter was $1,724,273 up from the previous quarter’s $1,512,740.
• Average sold price per square foot was $1137 up from last quarter’s $1069.
• It took 33 days on average for a Yorkville condo to sell; 8 days longer than in the previous quarter.
Yorkville Luxury Condo Sales Over $2M
The 2nd quarter of 2017 had 23 suite sales over $2 million as compared to the previous quarter when only 7 units sold. The average sold price of a luxury condo was $3,320,962. This is down 20% from the previous quarter’s average sold price of $4,131,714.
In Yorkville, $1,351 is now the average sold price per square foot for a luxury condo priced over $2M.
The Yorkville luxury condo market slowed in the 2nd quarter as it took 46 days for a luxury suite to sell; 18 days longer than in the previous quarter.
Interestingly, there was 1 unit that sold over $10M and 2 other units that sold over the $5M mark.
This quarter’s 23 sales of luxury condos took place in fourteen Yorkville condo buildings:
|Yorkville Luxury Condo Building
Name & Address
|# of Luxury Units Sold
2nd Quarter 2017
|The Florian 88 Davenport Rd||5|
|1166 Bay St||3|
|Four Seasons Private Residences 50 Yorkville Ave||2|
|1 Bedford Rd||2|
|The Regency Condos 68 Yorkville Ave||2|
|Four Seasons Private Residences 55 Scollard St||1|
|80 Yorkville Ave||1|
|Museum House 206 Bloor St West||1|
|The Prince Arthur Condos 38 Avenue Rd||1|
|10 Bellair Ave||1|
|181 Davenport Rd||1|
|77 Avenue Rd||1|
|U Condos 1080 Bay St||1|
|The Yorkville Condos 32 Davenport Rd||1|
Yorkville Condos Average Price Per Square Foot
The second quarter of 2017 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $1137; up 6.4% from the previous quarter’s $1069.
|Type Of Condo Unit||Average Sold Price
Per Square Foot
|1 Bedroom Condo||$1,041|
|1 Bedroom Plus Den Condo||$1,065|
|2 Bedroom Condo||$1,118|
|2 Bedroom Plus Den Condo||$1,128|
|3 Bedroom Or Larger||$1,333|
Yorkville Condos Sales Volume
116 condo units sold in the second quarter of 2017 which was 31 units more than in the previous quarter.
Yorkville Resale Condos Days On Market Comparison
It took 33 days for a Yorkville condo to sell in the 2nd quarter; 8 days longer than in the previous quarter.
Yorkville Condo Resale Values 2017 Second Quarter
The average selling price for a Yorkville condo was $1,724,723; up over 14% from the 1st quarter’s $1,512,740.
|Type Of Condo Unit||# Sold||Average
|% of List||Average
Number Of Days
|1 Bedroom Condo||21||$604,590||103||20|
|1 Bedroom Plus Den Condo||22||$756,531||101||16|
|2 Bedroom Condo||38||$1,304,129||102||29|
|2 Bedroom Plus Den Condo||25||$1,896,917||101||28|
|3 Bedroom Or Larger||10||$4,059,200||97||71|
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 …