Toronto Condos for Sale – MLS, Assignments & Exclusive Listings

Looking for the best condos in Toronto? Discover MLS listings, pre-construction assignments, and off-market condo deals — updated every 30 minutes. From Downtown Toronto to Midtown, North York, Etobicoke, and Scarborough, we feature listings in every top neighbourhood. You'll also find condos in nearby cities like Vaughan, Mississauga, and Richmond Hill. Thinking of selling your condo? We help you list for less, sell faster, and reach serious buyers without high commissions or pressure.

Mississauga Condos For Sale
Mississauga Condos For Sale
1439 Condos
Vaughan Condos For Sale
Vaughan Condos For Sale
617 Condos
Oakville Condos For Sale
Oakville Condos For Sale
446 Condos
Burlington Condos For Sale
Burlington Condos For Sale
422 Condos

📊 Toronto Condo Market Update – May & June 2025

🏷️ Key Stats

Average Price: $702,389 (↓ 7% YoY) Median Price: $625,000 Benchmark Price: $610,200 Sales Volume: ↓ 23% YoY (lowest since early COVID) New Listings: ↑ 8%   |   Active Listings: ↑ 36% Months of Inventory: 7.2 months – Buyer’s Market

📅 June Forecast

  • TD: Housing rebound expected late 2025
  • Market to stay soft through year-end
  • Prices may drop 10–20% from 2023 peak

⚖️ Market Conditions

  • Inventory surged 58% in June
  • Sales fell 32% month-over-month
  • MOI more than doubled YoY

📉 Price Trends & Investment Insight

  • Condos down 7–13% YoY
  • Pre-construction inventory: 58 months
  • CMHC: Sales dropped 75% since 2022

📌 Quick Summary Table

Metric Value Trend
Avg. Price $610K–$702K ↓ 7–13% YoY
Sales Volume ↓ 23% Lowest in 20 years
Active Listings ↑ 36% Rising supply
MOI 7.2 months Buyer-heavy

Source: TRREB, CMHC, TD Economics, Movesmartly | Last updated: June 2025


Looking for condos in a specific area? Browse MLS listings in Toronto, Mississauga, Bay Street Corridor, Waterfront, and more.
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Most Frequently Asked Questions

We have tried to answer below questions that are asked related to condos in Toronto or condos in general.

How did the Toronto condo market perform in July and August 2025?

In July 2025, the Toronto condo market showed signs of cooling:

  • Resale condo prices slipped—on average around $683,413, down roughly 6.4% year-over-year—the lowest in four years .

  • Supply rose to 7.1 months, while two-bedroom units saw comparatively stronger demand, and rental rates began to stabilize .

  • In the broader GTA, condo sales rose about 5% YoY, new listings dropped 2%, and active listings were up 18%, with a months-of-inventory (MOI) of about 6.5 months.

Moving into August 2025, conditions shifted slightly:

  • Average condo apartment prices in the GTA were around $642,000, down about 4.8% year-over-year.

  • However, sales volume for condos actually declined 3.4% year-over-year, even as overall housing sales rose.

  • Inventory remained elevated, and supply continues to weigh on price growth.

Not all Toronto condos include parking or storage. Many downtown buildings sell these separately, with parking spots ranging from $50,000 to $100,000 and lockers from $5,000 to $10,000. Availability depends on the building and unit type.

How long does it take to close on a condo in Toronto?

Pre-construction condos often come at a premium compared to resale condos because buyers are paying for future appreciation, new finishes, and modern amenities. However, developers sometimes offer incentives such as flexible deposit structures, free upgrades, or capped development charges.

The average size of a condo in Toronto is between 550 and 700 square feet for a one-bedroom unit, while two-bedroom condos usually range from 750 to 1,000 square feet. Larger units and luxury suites can exceed 1,200 square feet, especially in newer developments.

As of mid-2025, the average price for a condo in Toronto is approximately $715,000, depending on location, size, and building amenities. Downtown Toronto and waterfront condos tend to be priced higher, while areas like Scarborough or North York offer more affordability.

Yes — Toronto condos have historically appreciated over time, and they remain one of the most accessible property types in the city. Condos in growing neighbourhoods, near transit (TTC or GO), or with low maintenance fees offer especially strong investment potential.

Maintenance fees are monthly payments that cover building upkeep, utilities (sometimes), amenities, and reserve funds. In Toronto, these fees range from $0.60 to $1.20 per sq ft, depending on the building’s age and facilities like gyms, pools, or concierge services.

Popular condo neighbourhoods in Toronto include:

  • Downtown Core (Financial District, King West, Bay Street Corridor)

  • Waterfront & Harbourfront

  • Liberty Village & Fort York

  • Yonge & Eglinton (Midtown)

  • The Beaches & Leslieville (East End)
    Each offers a unique lifestyle and different price points.

An assignment sale is when the original buyer of a pre-construction condo sells their agreement before final closing. These are common in Toronto’s condo market and can offer savings for buyers or exit options for investors. However, they involve extra legal steps and builder approval.

Both have pros and cons.

  • New condos often have modern finishes and better amenities but come with higher pre-construction risks and delayed occupancy.

  • Resale condos offer immediate possession and a clear history but may require renovations or higher maintenance fees.

In most cases, a minimum 5% down payment is required for properties under $500,000.
For condos over $1 million, 20% down is mandatory. Many buyers aim for 10–20% to avoid CMHC insurance and lower mortgage costs.

A condo apartment is a unit in a high- or mid-rise building with shared amenities.
A condo townhouse is a multi-floor unit that resembles a house but is part of a condo corporation, meaning you pay maintenance fees and share exterior upkeep.

As of 2025, Canada’s temporary foreign buyer ban has expired, and non-residents can purchase condos, though certain tax rules and financing restrictions still apply. Always consult a Toronto real estate lawyer for the latest updates and rules.

Listings on TorontoCondosForSale.ca are updated every 30 minutes, including MLS listings, exclusive assignments, and off-market deals — often before they appear on public portals. You can browse by neighbourhood, price, or condo features.

Toronto Condo Cancellations and Conversions – 2025 Update

By TorontoCondosForSale.ca News | July 13, 2025

A wave of uncertainty is quietly reshaping Toronto’s condo market. Developers are cancelling projects, entering receivership, or converting buildings into rentals — sometimes with little public warning.

In an investigative report, the Toronto Star mapped out this trend for the first time, showing how inflation, borrowing costs, and buyer hesitation are taking their toll on what used to be Canada’s hottest real estate sector.

🚫 Cancelled Condo Projects

  • Grand Central Mimico – 23 Buckingham St. Cancelled
  • Birchley Park Condos – 411 Victoria Park Ave. Cancelled
  • The King’s Mill / Backyard Queensview – 15 Neighbourhood Ln. Cancelled
  • The View Beach Residences – 507 Kingston Rd. Cancelled

⚠️ In Receivership

  • Randolph Theatre Project – 736 Bathurst St. Receivership
  • 3803 DSW – 3775–4005 Dundas St. W. Receivership
  • High Park Alhambra Church – 260 High Park Ave. Receivership
  • 1079 Bathurst St. Receivership

🔄 Converted to Rental

  • The Cliffton – 2450 Kingston Rd. Converted to Rental
  • Centricity Condos – 241 Church St. Converted to Rental
  • Quayside Converted to Rental
  • Daniels Keelesdale – 2175 Keele St. Converted to Rental

💬 What This Means for Buyers and Sellers

For pre-construction buyers, this could mean delays, broken contracts, or the need to re-enter the market at higher prices. For investors and developers, it’s a signal that the market has shifted — fewer sales, rising costs, and tighter financing conditions are creating a volatile environment.

Experts suggest that the era of unchecked condo launches may be over — at least for now. With affordability challenges persisting and rates still elevated, Toronto may continue to see more projects quietly shelved or repurposed.

🏙️ What Comes Next?

Some of these projects could return in a different form, but many will not. This reshuffling of supply could tighten future condo availability and drive resale demand higher in 2026 and beyond — especially as immigration remains strong.

Have you been affected by one of these projects?
Share your experience with us — we’re here to listen.
The research was conducted by Toronto Star reporters.

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