Yorkville Luxury Condo Sales Market Report Toronto 2018 First Quarter Victoria Boscariol Chestnut Park Real EstateYorkville 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 Q42018
1ST Q
2017
4TH Q
Average Sold Price$3,177,500$2,912,083
Average Sold Price/SQ FT$1,276$1,323
Number Of Units Sold1012
Number Of Days On Market2334
Number Of New Listings2617
Number Of Active Listings4532


2018 First Quarter Yorkville Luxury Condo Sales Over $2M
Unit Sales By Building Address

AddressSold PriceSold DateTypeBedroomsLibrary/DenBathsExposureBalconyParkingSquare Feet
99 Avenue Rd$3,750,0003/22/2018Condo Apartment324East westOpen33850
77 Charles St West$2,350,0003/14/2018Condo
Apartment
2 2SouthOpen21732
1 Bedford Rd$3,000,0003/2/2018Condo
Apartment
213SouthOpen22090
4 Lowther Ave$3,500,0002/25/2018Condo
Townhouse
214WestTerrace23042
55 Prince Arthur Ave$2,150,0002/20/2018Condo
Townhouse
2 3NorthTerrace22900
Four Seasons 
55 Scollard St
$2,100,0001/31/2018Condo
Apartment
2 2South westOpen11265
155 Cumberland St$5,050,0001/26/2018Condo
Apartment
2 3SouthTerrace22724
170 Avenue Rd$2,475,0001/15/2018Condo
Apartment
213South eastOpen11974
1 St Thomas St$3,750,0001/15/2018Condo
Apartment
2 3NorthTerrace22638
18 Yorkville Ave$3,650,0001/2/2018Condo
Apartment
2 3South eastTerrace32687

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. 

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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 …