The most expensive areas to buy a condo in Toronto
We all know real estate isn't cheap in Toronto, especially if you're looking to buy a place downtown. While condos are certainly more affordable than single family homes, these boxes in the sky can still get pretty pricey if you're looking to invest in something south of Bloor.
To help make your search a little easier, TheRedPin has released a map that charts condo prices at 24 popular intersections, including Yonge and Eglinton, Yonge and St. Clair and King and Spadina.
They looked at both average and median prices when compiling their data and discovered that the average one bedroom in Toronto sells for $433,823, or median $413,912. And perhaps unsurprisingly, Yorkville (especially at Bloor and Avenue) looks like the most expensive are to buy into - one and two bedroom condos are priced, on average, at $611,327 and $1,379,140, respectively.
Further south, by John and Front Streets, it seems to get a little cheaper, but not by much. In general, most areas hover around the average for a one bedroom, without any significant outliers.
Check out the full map, especially if you're looking to get into the market.
What do you think of this map? Let us know in the comments.
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