Yorkville Toronto Condo Market Report
4th Quarter 2017 Sold Prices Per Square Foot & Luxury Unit Sales
• The average selling price for a Yorkville condo this quarter was $1.512M up 10% from the previous quarter’s $1.375M
• However the average sold price per square foot was $1058 down 8% from last quarter’s $1152.
• It took 40 days on average for a Yorkville condo to sell; 3 days longer than in the previous quarter.
Yorkville Luxury Condo Sales Over $2 Million
The 4th quarter of 2017 had 12 suite sales over $2 million as compared to the previous quarter when 9 units sold. The average sold price of a luxury condo was $2,912,083. This is down from the previous quarter’s average sold price of $3,348,100.
However, the average sold price per square foot for a luxury condo priced over $2M was up slightly to $1,323.
Sales of Yorkville luxury condo units sped up in the 4th quarter as it took only 34 days for a luxury suite to sell; 4 days fast than in the previous quarter.
Interestingly, there was 1 luxury unit that sold that sold over the $5 Million mark.
This quarter’s 12 sales of luxury condos took place in eight Yorkville condo buildings:
|Yorkville Luxury Condo Building
Name & Address
|# of Luxury Units Sold
4th Quarter 2017
|Four Seasons Private Residences 55 Scollard St||3|
|Exhibit 200 Bloor St West||3|
|1 St Thomas St||1|
|Museum House 206 Bloor St West||1|
|77 Charles St West||1|
|Prince Arthur Condos 38 Avenue Rd||1|
|1 Bloor St East||1|
|55A Avenue Rd||1|
Yorkville Condos Average Price Per Square Foot
The fourth quarter of 2017 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $1058; down 8% from the previous quarter’s $1152.
|Type Of Condo Unit||Average Sold Price
Per Square Foot
|1 Bedroom Condo||$931|
|1 Bedroom Plus Den Condo||$953|
|2 Bedroom Condo||$1,117|
|2 Bedroom Plus Den Condo||$1,252|
|3 Bedroom Or Larger||$1,039|
Yorkville Condos Sales Volume
93 condo units sold in the fourth quarter of 2017 which was 10 units less than in the previous quarter.
Yorkville Resale Condos Days On Market Comparison
It took 40 days for a Yorkville condo to sell in the 4th quarter; 3 days longer than in the previous quarter.
Yorkville Condo Resale Values 2017 Fourth Quarter
The average selling price for a Yorkville condo was $1,511,933; up 10% from the 3rd quarter’s $1,375,014.
|Type Of Condo Unit||# Sold||Average
|% of List||Average
Number Of Days
|1 Bedroom Condo||14||$590,771||98||31|
|1 Bedroom Plus Den Condo||24||$704,479||98||26|
|2 Bedroom Condo||35||$1,356,883||97||37|
|2 Bedroom Plus Den Condo||16||$1,926,284||97||47|
|3 Bedroom Or Larger||4||$2,981,250||98||57|
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 …