Location. Location. Location.
That age-old real estate mantra can take on a completely different meaning depending on your buying priorities. It can mean living in a top school district, right next to the office, or buying in the heart of the city’s bustling downtown.
If it’s the latter that resonates most with your purchasing priorities, and living mere steps from public transit, shops and bars top your list of must-haves, the folks at TheRedPin have created a handy map to help in your property search.
The Toronto-based real estate brokerage analyzed the cost of buying a Toronto condo at some of the most connected and walkable street corners across the city. All 25 intersections offer direct access to the TTC as well as many of Toronto’s top eateries, bars, shops and office spaces.
Topping the list are condos in Yorkville’s Bloor and Avenue Road and along Bay Street at King as well as Bloor, with averages from $1.3 million to $1.5 million, with the least expensive condos downtown located along Yonge Street, at Queen and Dundas. Condos outside of the downtown core show less expensive prices.
Quick hits for condo buyers looking to snag a property at the intersections below:
• On average, condo prices around these street corners are 22 per cent to 23 per cent more expensive than the Toronto average.
• One-bedroom units average for $545,000 while two bedrooms boast a significant premium of $925,000.
The Most Expensive Intersections For Re-Sale Condos:
Yonge and Eglinton
One bedroom: $402, 924
Two bedroom: $629,644
St. Clair and Yonge
One bedroom: $439, 064
Two bedroom: $868,537
Bloor and Avenue
One bedroom: $570,198
Two bedroom: $1,497,679
Bay and Bloor
One bedroom: $439,453
Two bedroom: $1,174,562
Yonge and Bloor
One bedroom: $416,968
Two bedroom: $964, 813
Yonge and Wellesley
One bedroom: $414,351
Two bedroom: $601,952
Bay and College
One bedroom: $428, 826
Two bedroom: $611,950
Yonge and Collge
One bedroom: $422,928
Two bedroom: $602,081
Yonge and Gerrard
One bedroom: $425,658
Two bedroom: $611,381
Yonge and Dundas
One bedroom: $423,121
Two bedroom: $616, 219
Dundas and Bay
One bedroom: $422,088
Two bedroom: $637,589
Dundas and University
One bedroom: $382,148
Two bedroom: $531, 307
Yonge and Queen
One bedroom: $368,638
Two bedroom: $512,033
King and Spadina
one bedroom: $389,231
Two bedroom: $609,180
Front and John
One bedroom: $376,099
Two bedroom: $609,344
York and University
One bedroom: $421,202
Two bedroom: $753,164
Bay and Queen
One bedroom: $383,909
Two bedroom: $697,371
Bay and Adelaide
One bedroom: $393,957
Two bedroom: $688,327
Bay and King
One bedroom: $425,537
Two bedroom: $734,744
Bay and Wellington
One bedroom: $412,172
Two bedroom: $666,601
Yonge and King
One bedroom: $387,813
Two bedroom: $671,844
Yonge and Adelaide
One bedroom: $389,327
Two bedroom: $637,157
King and Jarvis
One bedroom: $369, 562
Two bedroom: $608,184
Richmond and John
One bedroom: $399,888
Two bedroom: $692,911
Front and John
One bedroom: $376,099
Two bedroom: $609,344
York and University
One bedroom: $421,202
Two bedroom: $753,164
Update: The Red Pin, who supplied the data for this article, closed its doors in 2018.
