August 2018
Hi everyone,
I wanted to share my recent insights
about the condo assignment market.
Hope it helps! ☺️💛
Insights
Over-supply of North-facing units = not selling well.
High demand for South facing units with clear views. (no units available)
High demand for good large units in Yorkville area with price of $1.5-3M.
Medium demand for $800,000-$1,000,000 for large 2Bedroom units.
North York is over-priced.
Downtown still is the better value and potential.
Average price per sqft (assignment)
Markham: $700-900psf
North York: $900-1100psf
Eglinton: $1000-1200psf
King/Queen West: $1000-1300psf
Queen East: $800-1100psf
Lake East: $1000-1600psf
Yorkville: $1300-3000psf
Islington: $700-900psf
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