Yorkville Luxury Condo Market Speeds Up With Faster Sales
Sales of Yorkville luxury condo units sped up in the 1st quarter of 2018 as it took only 23 days for a luxury suite to sell – that’s 11 days faster than in the previous quarter.
The average sold price of a Yorkville luxury condo was $3,177,500. This is up 9% from last quarter’s average sold price of $2,912,083.
However, the average sold price per square foot for a luxury condo was down 3.6% to $1,276/sf.
In the 1st quarter, 10 suites sold over $2 Million in Yorkville as compared to the previous quarter when 12 units sold.
Out of the 10 suites that sold this quarter, one luxury unit surpassed the $5 Million mark. Located at 155 Cumberland St, this unit sale also had the highest sold price per square foot clocking in at $1,854/sq ft.
2018 Yorkville Luxury Condo Sales Over $2M Sold Statistics
2018 Q1 VS 2017 Q4
|2018 Q1 VS 2017 Q4||2018|
|Average Sold Price||$3,177,500||$2,912,083|
|Average Sold Price/SQ FT||$1,276||$1,323|
|Number Of Units Sold||10||12|
|Number Of Days On Market||23||34|
|Number Of New Listings||26||17|
|Number Of Active Listings||45||32|
2018 First Quarter Yorkville Luxury Condo Sales Over $2M
Unit Sales By Building Address
|Address||Sold Price||Sold Date||Type||Bedrooms||Library/Den||Baths||Exposure||Balcony||Parking||Square Feet|
|99 Avenue Rd||$3,750,000||3/22/2018||Condo Apartment||3||2||4||East west||Open||3||3850|
|77 Charles St West||$2,350,000||3/14/2018||Condo|
|1 Bedford Rd||$3,000,000||3/2/2018||Condo|
|4 Lowther Ave||$3,500,000||2/25/2018||Condo|
|55 Prince Arthur Ave||$2,150,000||2/20/2018||Condo|
|Four Seasons |
55 Scollard St
|155 Cumberland St||$5,050,000||1/26/2018||Condo|
|170 Avenue Rd||$2,475,000||1/15/2018||Condo|
|1 St Thomas St||$3,750,000||1/15/2018||Condo|
|18 Yorkville Ave||$3,650,000||1/2/2018||Condo|
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 …