background of skyscraper buildings

New Condos for Sale in Toronto

(Buyer's Guide)
The real estate market is always changing and evolving, so the price of a condo varies from one construction (project) to another. The price of a condominium is determined by its location, age, appearance, and building materials used. Condos built in high demand areas or in new suburbs are more likely to retain their value over the years, so they’re more expensive than others. Existing or planned area amenities, such as public transit, shopping spots, restaurants, parking zones, and recreational facilities also drive a condo’s price up.
Neighbourhood Facts
Lifestyle & Employment
Investment Tips
Read Our Buyer’s Guide

Toronto Condo Prices

The real estate market is always changing and evolving, so the price of a condo varies from one construction (project) to another. The price of a condominium is determined by its location, age, appearance, and building materials used. 

Condos built in high demand areas or in new suburbs are more likely to retain their value over the years, so they’re more expensive than others. Existing or planned area amenities, such as public transit, shopping spots, restaurants, parking zones, and recreational facilities also drive a condo’s price up. 

Older condos tend to require costly upgrades, so they can lose some of their value over time. If the building’s common areas are not attractive and well maintained, the unit loses its future marketability and potential resale value. 

The building materials used ultimately affect the condo’s comfort. Wood-frame condos are usually noisier than concrete buildings, so buildings with wooden frames tend to lose some of their value over time. 

Pre-construction condos make such a great investment because they tick off all the important elements that affect a unit’s price. They are usually located in new suburbs or up and coming areas. They’re brand new, so they do not require any upgrades. Their common areas are modern and attractive, and they’re usually built using the latest materials, so they tend to be very comfortable. 

All of these factors make pre-construction condos a great investment. And if you take into account the fact that you can save a lot of money by investing in a pre-construction condo, the investment becomes even better.


Average prices for condos in 2020 (pre-construction & older units)

Greater Toronto Area

The Greater Toronto Area (GTA) is the most populated area in Canada. The metropolitan area includes the city of Toronto and the municipalities of York, Peel, Durham, and Halton. The GTA contains 25 municipalities.

Employment

Employment and the population’s income often have unique impacts on condo prices. Easy access to lucrative employment opportunities is one of the most valuable amenities a condo can offer. In urban economics, this means that employment can be one of the key determining factors of housing prices and values. 

High unemployment is usually correlated with a lower expected future income, which translates to a lower demand for housing. When there’s a lack of demand for housing, many sellers pull their units off the market, bringing the average price of the units in the area down.


Unemployment rates for GTA municipalities in 2020

Transportation

Public transportation plays a fundamental role in the social and economic growth of urban areas, and it can significantly affect the quality of life in such areas. Accessibility to public transportation influences the population’s mobility, which, in turn, influences everyday life, social inclusion, and the income potential of local companies and commercial operators. 

The quality of public transportation affects the price of condos directly: the higher the quantity and quality of public transport systems, the higher the accessibility of the area, and the higher the average of condo prices. 

There are 12 integrated public transit systems and a regional commuter transit system operating in the GTA. The Toronto Transit Commission is the busiest transit system in North America after New York City, with more than 442 million passengers per year. 

Additional public transport systems serving the area are:

Durham Region Transit – 54 routes
Brampton Transit – 62 routes
Burlington Transit – 17 routes
Mississauga Transit – 97 routes
Milton Transit – 9 routes
Oakville Transit – 31 routes
York Region Transit – 103 routes

Investing in Toronto Preconstruction

Investing in Toronto pre-construction condos is a sensible decision because it offers one of the highest returns on income you can get from real estate acquisition. Pre-construction real estate usually has lower initial prices, and the earlier you get in, the higher your returns.   

Pre-construction properties are usually sold in different stages. Each stage generally comes with its own prices and incentives.


Stage 1 - Friends and Family Sales Event (5 - 10% of units are sold)

The first stage of pre-construction sales is usually exclusive to friends and family members. The developer invites their close ones to buy the first units, usually the best ones at huge discounts.

Stage 2 - Platinum VIP Agents Get Access (30 - 40% of units are sold)

The second stage of pre-construction sales is usually reserved for platinum agents. Platinum agents, like Condo Shopper, earn their status by selling a large number of units or by building long-lasting business relationships with developers.

The platinum launch is typically the best time for investors to purchase because it offers large discounts, exclusive unit choices, rebates, incentives, and so on.

Stage 3 - VIP Agents Get Access (20 - 30% of units are sold)

At this stage of the sales process, the prices are increased and the perks and incentives are reduced or removed, depending on the number of condos still available.

Stage 4 - All Agents Get Access (10 - 20% of units are sold)

During this stage, the prices can go even higher. The best suites are most likely already sold out, and there are no perks or incentives offered.

Stage 5 - Pre-registrants Get Access (5 - 10% of units are sold)

Members of the general public who have registered on the developer’s website are invited to buy condos. But it’s important to know that developers sometimes hold these units for up to a year or more before giving access to pre-registrants, especially if the condos are in sought-after locations and there is a lot of demand. This tactic allows developers to increase the prices and sell these units at maximum market value.

So, while pre-registering to a developer’s website might seem like a better deal than paying realtor fees, contacting a Premium VIP Agent like Condo Shopper can actually save you money with exclusive discounts and incentives, and enable you to secure pre-construction condos sooner.

Stage 6 - Grand Opening (last 10 - 20% of units are sold)

The developer advertises the grand opening in the media and invites everyone to buy the remaining units. Unfortunately, the best condos are sold out by this stage and the buyer can only choose from the units all the previous potential buyers didn’t want, and pay more for them.
Condos

Condos Projects
in Toronto

2021 05 20 11 47 25 realmcondos adidevelopments rendering exterior4 1
56069516 0 Screen Shot 2021 03
Realm Condos in Burlington
4853 Thomas Alton Boulevard, Burlington, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
burlington
Developer - 
ADI Development Group
Occupancy Starts - 2024
Adagio Condos Exterior Building Early Rendering 40 v197 full
Adagio Condos Project Logo 24 v197 full
Adagio Condos in Toronto
771 Yonge Street, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Register
Project Status:
Coming Soon
downtown, toronto, yorkville
Developer - 
Menkes
Occupancy Starts - 2024
29459 119671
Alias logo
Alias Condos in Downtown Toronto
114 Church Street, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Register
Project Status:
Coming Soon
downtown, toronto
Developer - 
Madison Group
Occupancy Starts - Fall/Winter 2021
rendering the capitol condos
TheCapitol Logo Stacked Color
The Capitol Condos in Toronto
2500 Yonge Street, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Coming Soon
downtown, toronto
Developer - 
Madison Group
Occupancy Starts - Jul, 2025
115 Blue Jays Way featured
Condoshopper exclusive2
115 Blue Jays Way
115 Blue Jays Way, #902
Construction Status:
Completed
Sales Status:
Now Selling
Project Status:
Active
downtown, toronto
Developer - 
Greenland
Occupancy Starts - Immediate
2021 10 01 03 18 18 cielocondos collecdev rendering exterior2
cielo
Cielo Condo in Toronto
300 Bloor Street West, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
etobicoke, toronto
Developer - 
CollecDev
Occupancy Starts - TBA
2019 07 02 03 13 08 20190626 hero view low res
250 lawrence
250 Lawrence Condos in Toronto
250 Lawrence Avenue West, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
toronto
Developer - 
Graywood Developments
Occupancy Starts - 2023
2019 04 05 02 48 35 xo condos 1
XO Condos Logo
XO Condos in Toronto
XO Condos Community | 1221 King Street West, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
toronto
Developer - 
Lifetime Developments, Pinedale Properties
Occupancy Starts - 2023
WestLine Condos Ground Floor Exterior
natasha residences logo
Natasha Residences in Downtown Toronto
263 Adelaide St. West, Toronto Ontario
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
downtown, toronto
Developer - 
Lanterra Developments
Occupancy Starts - Dec 2026
2021 08 09 03 20 14 vincentcondominiums rendering exterior
vincent logo
Vincent Condos in Vaughan
2851 Highway 7, Vaughan, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Coming Soon
vaughan
Developer - 
Rosehaven House
Occupancy Starts - 2026
2021 06 28 09 51 46 artecondos rendering
logo arte residences
Arte Residences in Mississauga
89 Dundas Street West, Mississauga, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Coming Soon
mississauga
Developer - 
Emblem Developments
Occupancy Starts - 2025
JAC Condos Building Exterior 34 v179
jac condos logo
JAC Condos in Toronto
308 Jarvis Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
toronto
Developer - 
Graywood Developments, Phantom Developments
Occupancy Starts - 2024
nahidonb1
Nahid Corp Logo
Nahid on Broadview in Toronto
800 Broadview Avenue, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
toronto
Developer - 
Nahid Corp
Occupancy Starts - Winter/Spring 2023
nahidkennedy1
Nahid Corp Logo
Nahid Kennedy in Scarborough
615 Kennedy Road, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
scarborough, toronto
Developer - 
Nahid Corp
Occupancy Starts - Summer 2024
Queen Central Daytime Hero Rendering
Queen Central condos logo1
Queen Central Condos Downtown Toronto
100 Queen St East, Toronto ON M5C 1S6
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Active
downtown
Developer - 
Parallax
Occupancy Starts - early 2025
WestLine Condos Hero Render
logo westline condos at downsview park toronto
WestLine Condos at Downsview Park
1100 Sheppard Avenue West, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Active
north-york
Developer - 
CentreCourt
Occupancy Starts - 2025
ex3 condos 02
EX3 logo vertical
EX3 Exchange District Condos 3
151 City Centre Dr, Mississauga ON
Construction Status:
Under Construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
mississauga
Developer - 
Camrost Felcorp
Occupancy Starts - mid 2025
Bauhaus 1
BT LogoBlack
BAUHAUS Condos Toronto
284 King Street East, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Active
downtown
Developer - 
Lamb Development Corp
Occupancy Starts - early 2025
Southport Condos 2
Southport Logo
Southport in Swansea
34 Southport St, Toronto ON M6S 4Z1
Construction Status:
Pre-construction
Sales Status:
Register
Project Status:
Coming Soon
toronto
Developer - 
State Building Group
Occupancy Starts - TBA
Home on Power 1
unnamed
Home Condos, Power+Adelaide
48 Power Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Great Gulf
Occupancy Starts - Dec 2020
Modo 1
MODO logo
MODO Condos in Bowmanville
51 Clarington Blvd, Bowmanville ON
Construction Status:
Pre-construction
Sales Status:
Sold Out
Project Status:
Active
bowmanville
Developer - 
Kaitlin Corp
Occupancy Starts - mid 2024
prime aerial 1
Prime condos logo
Prime Condos at Jarvis Gerrard
319 Jarvis St, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Active
downtown
Developer - 
CentreCourt
Occupancy Starts - 
canaryhouse southview exterior rendering
Canary House Logo Knockout
Canary House in Toronto
Canary District Community, 475 Front St E, Toronto, ON M5A 1G9
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Dream, Dundee Kilmer
Occupancy Starts - 2024
Keelesdale 1
Keelesdale2 logo
Keelesdale Condos in North York
2175 Keele St, Toronto ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
north-york
Developer - 
DiamondCorp, Kilmer Group, The Daniels Corporation
Occupancy Starts - Early 2023
Nuvo Condo Street view 1
NUVO logo gold on Black
NUVO Condos Oakville
2418 Khalsa Gate, Oakville, ON (Old Bronte Road & Dundas Street W)
Construction Status:
Pre-construction
Sales Status:
Sold Out
Project Status:
Active
oakville
Developer - 
Fernbrook Homes
Occupancy Starts - Fall 2023
QA Condos Hero
QA logo2
Queen Ashbridge - QA Condos
Queen St E & Coxwell Ave
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Riocan Living
Occupancy Starts - Late 2024
199 Church featured
199 church logo
199 Church Condos
199 Church Street (Church and Dundas E), Toronto ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
downtown
Developer - 
CentreCourt
Occupancy Starts - Q4 2023
411 king condos featured wlogo2
411kinglogo
Four Eleven King Condos
411 King Street West, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
downtown
Developer - 
Great Gulf, Terracap
Occupancy Starts - Late 2023
IQ3 Condos featured3
IQ3 Condos brochure
IQ3 Condos
45 Zorra St, Toronto, ON
Construction Status:
Sales Status:
Project Status:
etobicoke
Developer - 
The Remington Group
Occupancy Starts - Late 2023
the clair featured4
the clair logo
The Clair Residences
1421 Yonge Street, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Register
Project Status:
Coming Soon
midtown
Developer - 
Great Gulf
Occupancy Starts - Late 2023
exchange district2 condos featured2 1
exchange district logo
Exchange District Condos 2
151 City Centre Dr, Mississauga ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Archived
mississauga
Developer - 
Camrost Felcorp
Occupancy Starts - Nov 2024
55 Mercer condos toronot
No55Mercer Logo2
NO55 Mercer Condos
55 Mercer Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
downtown
Developer - 
CentreCourt
Occupancy Starts - TBD
11 yorkville Toronto
11 yorkville logo
11 Yorkville
11 Yorkville Ave, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
yorkville
Developer - 
Capital Developments, Metropia, Riocan Living
Occupancy Starts - late 2024
untitled toronto EXT Podium VF 03
Untitled Logo Black 01
untitled. TORONTO
110 Broadway Ave, Toronto, ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
midtown
Developer - 
Reserve Properties, Westdale Properties
Occupancy Starts - Spring 2023
uptowns heartlake condos
uptowns heartlake condos logo
UPtowns at Heartlake
10302 Heart Lake Road, Brampton, ON
Construction Status:
Completed
Sales Status:
Sold Out
Project Status:
Archived
brampton
Developer - 
VANDYK Group of Companies
Occupancy Starts - Dec 2020
transit city 4 at smartcentres place condoshopper.ca
transit city condos logo
Transit City 4 in Vaughan
100 Portage Pkwy, Vaughan ON
Construction Status:
Pre-construction
Sales Status:
Sold Out
Project Status:
Active
vaughan
Developer - 
CentreCourt
Occupancy Starts - Fall 2021
wish condos featured
wish condos
Wish Condos in Toronto
3105 Sheppard Ave E, Toronto ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
scarborough
Developer - 
Liberty Developments
Occupancy Starts - Nov 2019
street view dor condos toronto
Dor ss 01
D'Or Condos in Thornhill
784 Centre St, Vaughan ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
scarborough
Developer - 
Cityzen, Fernbrook Homes
Occupancy Starts - late 2020
lumina featured
Lumina at Emerald City
36 Forest Manor Rd, Toronto ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Archived
north-york
Developer - 
Elad Canada
Occupancy Starts - Feb 2021
the keeley condos condoshopper.ca
keeley condos logo
The Keeley at Downsview Park
3100 Keele St, Toronto
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
north-york
Developer - 
TAS
Occupancy Starts - Aug 2022
saturday condos condoshopper.ca
saturday downsview condos logo
Saturday in Downsview Park
2995 Keele St, Toronto
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
north-york
Developer - 
Mattamy Homes
Occupancy Starts - Dec 2021
Stockyards District Residences
Stockyards District Residences
2306 Saint Clair Avenue West, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
north-york
Developer - 
Marlin Spring
Occupancy Starts - Nov 2021
reunion crossing condos and urban towns featured
Reunion Crossing at St Clair & Weston
1808 St Clair Ave W, Toronto, ON M6N 1J5
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
north-york
Developer - 
DiamondCorp, Kilmer Group
Occupancy Starts - 2022
e2 condos Toronto
E2 Condos at Yonge & Eglinton
Yonge & Eglinton
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
midtown
Developer - 
Metropia
Occupancy Starts - Estimated in 2022
courtyard line 5 condos eglinton
Line5 Condo logo
Line 5 Condos at Yonge & Eglinton
117 Broadway Ave, Toronto
Construction Status:
Pre-construction
Sales Status:
Pre-Launch
Project Status:
Coming Soon
midtown
Developer - 
Reserve Properties
Occupancy Starts - Sep 2022
nobu residences toronto condoshopper.ca
unnamed
Nobu Condos Toronto
15 Mercer Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
yorkville
Developer - 
Madison Group
Occupancy Starts - Jul 2022
waters edge at the cove feature
waters edge
Water's Edge at the Cove
2163 Lake Shore Boulevard West, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
etobicoke
Developer - 
The Conservatory Group
Occupancy Starts - Nov 2021
the queensview at backyard condos condoshopper.ca
Backyard Queensview Stacked Logo 768x882 ojmv3o0n91cuy6uxhzchubah9yhs7ttupywisod8tq
The Queensview at Backyard Condos
150 Berry Road, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
etobicoke
Developer - 
VANDYK Group of Companies
Occupancy Starts - Nov 2021
empire-phoenix-condoshopper.ca
Empire PHOENIX Logo RGB 01
Empire Phoenix in South Etobicoke
251 Manitoba Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
etobicoke
Developer - 
Empire Communities
Occupancy Starts - Nov 2021
evermore west village condoshopper.ca
LOGO blue 1
Evermore West Village Condos in Etobicoke
10 Eva Rd, Toronto ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
etobicoke
Developer - 
Tridel
Occupancy Starts - Winter/Spring 2022
sugar wharf condos
sugar wharf
Sugar Wharf Condos on Lakeshore Boulevard
95 Lakeshore Blvd E, Toronto ON
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Menkes
Occupancy Starts - Feb 2022
plyground condos feature
playground condos logo
Playground Condos at Garrison Point
30 Ordnance Street, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Cityzen, Fernbrook Homes
Occupancy Starts - early 2020
lakeside residences featured
Lakeside Residences Park Suites
Construction Status:
Pre-construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Greenland
Occupancy Starts - 
street view garden district preconstruction condo in toronto
garden district condos brochure
Garden District Condo at Shuter Jarvis
81 Shuter Street, Toronto, ON
Construction Status:
Sales Status:
Project Status:
downtown
Developer - 
Hyde Park Homes, The Sher Corp
Occupancy Starts - May 2023
elevate at logan featured
elevate condos brochure
Elevate Towns at Logan
485 Logan Avenue, Toronto, ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Kaleido Developments
Occupancy Starts - Mar 2021
empire maverick king west
Empire Maverick Logo RGB 01
Empire Maverick on King St
333 King St W, Toronto ON
Construction Status:
Under Construction
Sales Status:
Now Selling
Project Status:
Active
downtown
Developer - 
Empire Communities
Occupancy Starts - Mar 2022
543 richmond preconstruction condos front building view
543 Richmond Condo
543 Richmond Condos at Portland
636 King Street West
Construction Status:
Under Construction
Sales Status:
Sold Out
Project Status:
Active
downtown
Developer - 
Pemberton
Occupancy Starts - 2020
two people high fiving eachother

Get Instant Notifications on Hot Properties for Sale as Soon as They Hit the Market.

Time is of the essence in today’s competitive housing market. Whether it’s a pre-construction project, or an existing new property for sale, Condo Shopper’s curated lists give you the advantage and keep you in the know.