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Toronto Condo Market

Condominiums: Probably the most common type of listing in Toronto real estate, condominiums are single units in part of a larger structure. They can contain anywhere from 1 to 3 bedrooms as well as one or two bathrooms, living room, kitchen, and often a dining room. Condo developers will continue to build condos, as long as there are people willing to buy them. But just who these buyers are, whether Home Owners or investors, and how many of them there will be remains a largely unknown variable. Condos in Yorkville are minutes away from some of the best shopping and dining in Toronto. According to with new developments such as 100 Yorkville, 10 Bellair and the eagerly anticpated Four Seasons Condo/ Hotel, Yorkville remains the finest location for chic living.

Toronto condos are maintenance free living and the security and safety of the community is given the top priority. Toronto condos are popular, but they are not for everyone. And when decent houses in decent areas get into the $400-500,000 range (or more), people have to find alternatives. Toronto condos are also satisfying a growing market. Whether you’re thinking of selling your home, downsizing, buying a bigger house or perhaps you’re a first time buyer, it’s important to use the services of a professional REALTOR� familiar with the Toronto real estate market.

Toronto condos are the ideal solution for you. These places offer you the space and privacy that you need and a little bit more. Toronto condos are spacious, easy to clean, cheap to own, near to the center – I could go on with the list. But I’d rather add a piece of stat: condominium housing starts hit a 29-year high of 278,200 annualized units in September, up almost 20 per cent from August, according to figures released by the Canada Mortgage and Housing Corp.