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.
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.
18 Yonge Condominiums
39 Floor high-rise condo building
H & R Development, Lanterra Developments – Developers
Appoximately 495 suites
Completed in 2006
Maintenance fee cover water, heat, central air conditioning, parking, building insurance and the common elements.
Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage
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