About Toronto's Downtown

Downtown Toronto Condos Statistics: C08 October 2008

Yesterday we took a look at C01 Stats, today we look at C08. I know there has been a lot of negative publicity lately about what is going on in the market. Keep in mind that 2007 was a record year for Toronto Real Estate in term of sales and selling price. Also keep in mind that 2006 was the previous record year for sales and selling price. Also last year saw a lot of sales at the end of the year because of the then incoming Toronto land transfer tax. When you start thinking about these things the Condo Market in C08 wasn't so bad. The Average days on market are up, the units sold and average selling price are down a little.

Average Days on Market

Octobers Average days on market was 21.11, an increase of 8.25% over 2007. This is down 28.29% over October 2006.

Condo Units Sold

There were 79 condo units sold during October. This is down from 133 units sold in 2007 and 101 sold in 2006.

Average Selling Price

The average selling price was $335,189. This is down 1.13% over 2007's average of $339,034 and an increase of 15.26% over 2006's average of $290,810.

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Downtown Toronto Condos Statistics: C01 October 2008

With all the doom and gloom being reported in the media, you would think that prices would be dropping everywhere. Lets take a look at Toronto Real Estate Board's districts C01. We are only looking at Condos and include all units sold during the month of October. There was a drop in units sold, and increase in days on market and an increase in the average selling price. Even though condo prices increased a little, buyers are now getting more time to make there decision.

Condo Units Sold

There were 154 units sold in October, down from 297 units sold in 2007 and 242 units sold in 2006.

Average Days on Market

The Average days on market in October was 32.24. This is up 49.76% over last Octobers and 11.09% over 2006.

Condo Average Selling Price

The average selling price for Condos in C01 during the month of October was $352,212. This is up 3.56% over last years $340,105. This is also up 12.33% over October 2006's average price of $313,547.



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Downtown Toronto Condos: 18 Yonge Street.

Welcome to 18 Yonge Street. A beautiful luxury high rise condo apartment building located in the heart of downtown Toronto. Just a short walk to TTC at Union Station and GO bus. With the Gardiner Express way moments away, you can quickly get out of the downtown core by car. Loblaws is just minutes away by car and the Eatons Center is two TTC stops away or a 15 - 20 minute walk.

Condo Apartment Features

18 Yonge st. Condominiums features units ranging from bachelor apartments, 1 bedroom, 1 bedroom plus den and 2 bedrooms. This building has been pre wired for high speed internet access. The amenities in the building include an indoor pool, recreation room, exercise room, sauna, 24 hr security.

Maintenance Fees

Maintenance fee cover water, heat, central air conditioning, parking, building insurance and the common elements.

Fill in the Form to receive a list of all units currently available for sale at 18 Yonge including photo's and pricing.

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Downtown Toronto Condos: Matrix East and West Tower



Photo of original CityPlace Condos Matrix East and West Towers. Photo taken from gate 13 at Rogers Centre. Matrix East and West are located on Front St. East.

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Steven Campbell, Sales Representative
Homelife Victory Realty Inc., Brokerage*

www.sellwithsteven.com
http://eastyorktorontorealestate.com
http://downtowntorontocondosforsale.com

*Indenpendently Owned and Operated.
Not intented to Solicit Buyers or Sellers Currently Under Agency Agreement.

Cityplace Condos on Spadina



Looking South from the corner of Front st. at the Cityplace Condos complex, including Brunel Ct. Wait for the updated photo in a years times. I am sure there will be a drastic change with all the new construction going on.

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