Like the rest of Toronto's real estate market, the city's condo market appears to be balancing out.
According to the Toronto Real Estate Board, the Toronto condo market saw the strongest price growth in May, jumping 4.9 per cent to $590,876. Condo sales also rose from last year jumping six per cent to 2,542.
READ: GTA Home Sales Continue To Improve In May
If spending close to $600,000 for a condo seems extreme to you, you might want to stop here. Below, we teamed up with Zoocasa and MLS to round up the five most expensive condos sold in Toronto between May 14 and June 14, 2019.
Read on if you dare...
1. 901 - 33 Jackes Ave. - Sold for $6.5M
All photos courtesy of Zoocasa.
Bedrooms: 3Bathrooms: 4Parking: 2Sq. Footage: 4,500
This two-storey penthouse in Summerhill sold for $400,000 under asking at the beginning of June 2019. The stunning property has four private terraces offering incredible city skyline and Lake Ontario views.
2. 3702 - 50 Yorkville Ave. - Sold for $3.95M
Bedrooms: 2Bathrooms: 3Parking: 2Sq. Footage: 2,000
Located on the top floor of Yorkville's Four Seasons Residences, this penthouse sold for $49,000 under asking in mid-May 2019. In addition to the Four Seasons amenities, the new owners will enjoy the unit's top of the line Wolf appliances and spa-like marble bathrooms.
3. Gph27 - 1900 Bayview Ave - Sold for $2.89M
Bedrooms: 3Bathrooms: 3Parking: 3Sq. Footage: 2,700
Situated on the edge of Sherwood Park, this grand penthouse sold $100,000 shy of its listing price. The one-of-a-kind unit is an entertainer's delight thanks to its 1,226 sq. ft. private rooftop complete with a massive living and dining area, as well as an outdoor kitchen.
4. 5001 - 180 University Ave - Sold for $2.75M
Bedrooms: 2Bathrooms: 3Parking: 2Sq. Footage: 1,800 - 1,999
Located within the stunning Shangri-La hotel and residences, this incredible unit offers stunning views and reasonably-priced maintenance fees — $1,850 a month.
5. 506 - 3 Mcalpine St. - Sold for $2.6M
Bedrooms: 2 + 1Bathrooms: 3Parking: 2Sq. Footage: 2,400
Mere minutes away from not one, not two but three subway stations, this North-Midtown condo sold for $1.22 million more than what it went for in 2016. The unit was recently renovated and customized from floor to ceiling.
