2018 Yorkville Luxury Condo Market Report Suite Sales Over $2M 3rd Q Sold Prices Per Square Foot & Historical Data

Yorkville Luxury Condo Sales Over $2M 2018 3rd Quarter Market Report Victoria Boscariol Chestnut Park Real EstateThe average sold price for a Yorkville luxury condo was $3,113,600.  This is up 6% from last quarter’s average sold price of $2,935,967.

The average sold price per square foot for a luxury condo was $1,415/sf – a 12.8% increase from last quarter’s $1,255.

Buyers had less choice in the third quarter as there were 22% less luxury condo units for sale than in the second quarter.

It took 4 days longer to sell a luxury condo as compared to the previous quarter. When coupled with rising sold prices this indicates Sellers are willing wait for the right higher priced offer before they sell.

In the 3rd quarter, 15 suites sold over $2 Million in Yorkville which is the exact same number that sold in the previous quarter.

While no units sold over the $5M mark, the highest sold price achieved in the 3rd quarter was $4.995M and took place at Four Seasons Private Residences.  However, this sale broke the $2000 per square foot barrier coming in at a whopping $2,026/sq ft.


2018 Yorkville Luxury Condo Sales Over $2M Sold Statistics
2018 QUARTER COMPARISON

2018 Quarter Comparison 2018
3RD Q
2018
2ND Q
2018
1ST Q
Average Sold Price $3,113,600 $2,935,967 $3,177,500
Average Sold Price/SQ FT  $1,415 $1,255 $1,276
Number Of Units Sold 15  15 10
Number Of Days On Market 28  24 23
Number Of New Listings 40 36 26
Number Of Active Listings 46 59 45

 

2018 THIRD Quarter Yorkville Luxury Condo Sales Over $2M
Historic Unit Sales Data By Building Address

Address Sold Price Sold Date Type Bedrooms Den Baths Exposure Balcony Parking Approx 
Square
Feet
Florian 88 Davenport Rd $4,337,000 9/27/2018 Condo Apt 3   3 Southwest Open 2 2638
1080 Bay St U Condos $2,004,000 9/26/2018 Condo Apt 2 1 2 Southwest Open 2 1458
1166 Bay St $2,425,000 9/22/2018 Condo Apt 2   2 Southwest None 0 2094
Museum House 206 Bloor St W $2,650,000 9/22/2018 Condo Apt 3   3 Northeast Terrace 2 1942
Four Seasons 50 Yorkville Ave $3,900,000 9/14/2018 Condo Apt 2   3 Northwest Terrace 1 1956
100 Yorkville Ave $3,850,000 9/9/2018 Condo Apt 2 1 3 South Open 3 2365
Four Seasons 55 Scollard St $3,300,000 9/8/2018 Condo Apt 2 1 3 Southeast Open 2 1815
Four Seasons 50 Yorkville Ave $4,995,000 8/23/2018 Condo Apt 2 1 3 Southeast Open 2 2466
102 Bloor St West $2,200,000 8/17/2018 Condo Apt 3   3 Southeast Open 2 2320
18A Hazelton Ave $2,100,000 8/13/2018 Condo Apt 3   3 East Terrace 2 3000
4 Lowther Ave $2,900,000 8/6/2018 Condo Apt 2   2 Northwest Terrace 2 2076
U Condos $3,075,000 8/2/2018 Townhouse 4 1 4 Northeast Terrace 2 2793
Four Seasons 55 Scollard St $2,588,000 7/31/2018 Condo Apt 2   3 Northwest Open 2 1485
1 St Thomas St $3,750,000 7/22/2018 Condo Apt 1 1 2 West Open 2 2425
10 Bellair St $2,630,000 7/5/2018 Condo Apt 2 1 3 Southwest Open 1 2164

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 …