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.

📊 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

MetricValueTrend
Avg. Price$610K–$702K↓ 7–13% YoY
Sales Volume↓ 23%Lowest in 20 years
Active Listings↑ 36%Rising supply
MOI7.2 monthsBuyer-heavy

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

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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.

What is the average price of a condo in Toronto right now?

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.

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