What kind of condo does $1.75 million get you in Toronto?
The $1.75 million condo in Toronto is nothing to scoff at, but don't expect a sprawling palace in the sky. You'll need a couple more million for that. At this price point, the local market is stocked with spacious two bedroom units in downtown neighbourhoods and townhouses just outside the core.
Here's what a $1.75 million condo looks like in Toronto.
$1,649,000 in Yorkville
Located on the 19th floor of the Four Seasons, this elegant unit features high end appliances from Miele and Sub Zero to go along with 10 foot ceilings throughout. While there's only two bedrooms and bathrooms, the master/en suite combination is a good size. Maintenance fees are a hefty $1,675 a month.
$1,698,000 at Yonge and Eglinton
This bright unit is found in the Minto Midtown, the development that ushered in a condo boom around Yonge and Eglinton. Its open concept layout isn't particularly dazzling, but the four outdoor terraces with alternating views of the midtown skyline are a unique feature to go along with the excellent amenities of the neighbourhood. Maintenance fees are $1,275 a month.
$1,749,000 at near U of T
$1.75 million might buy you a minimum of space, but it doesn't guarantee a beautifully designed unit. This cookie-cutter looking condo is 1732 square feet, but it's also entirely forgettable save for the south-facing view of the city and the solid location. Maintenance fees ring in at $2,236.20 a month (ouch).
$1,750,000 near Bathurst and King
Looking for a King West party pad? This penthouse unit at the Thompson Hotel will do the trick. There's a sweet terrace and dedicated bar area, but be warned: the interior design will need an update in a few years thanks to its super trendiness. This one tries a bit hard, but a delicate hand could make it worth the asking price. Maintenance fees are a refreshing $1,035.74 a month.
$1,799,000 near Eglinton and Royal York
For the prospective home owner who has no interest in gardening and regular maintenance duties, this four bedroom townhouse is an intriguing option. It's certainly not short on space, there's no fixing up to do, and there's a gas hook-up for a barbecue on the deck. It could be the best of both worlds for some buyers out there. Maintenance fees are just over $1,000 a month.
Would you buy any of these units if you were in the market? Let us know in the comments.
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