Average Price of Luxury Condominium Apartments in Greater Toronto Area (Q4 2006 Royal LePage Survey)

Submitted by Jasmina on Tue, 2006-12-19 01:53.

Luxury Condominium Apartment

A two-bedroom apartment with a living room, dining room (possibly combined) and a kitchen, with family room or den, in a high-rise building with an inside floor area of 130 sq. metres (1,400 sq. ft.). Amenities include upgraded broadloom, 2 full bathrooms, ensuite laundry and storage areas, 5 appliances, a large balcony and 1 underground parking space. Common area includes a pool, sauna and other major recreation facilities.

Average Home Prices

City Price Oct 2006 Est. Taxes Est. Rental Price Jul 2006 Price Oct 2005 Chg. 1 Year
Bloor West Village 384,000 2,900 1,850 370,000 345,000 11.3
Brampton / Bramalea   - - 210,000 210,000 -
Burlington   - - 379,900 330,000 -
Etobicoke - Islington / Kingsway 380,000 3,000 2,000 396,000 370,000 2.7
Etobicoke - North Etobicoke 389,000 3,000 2,500 387,000 375,000 3.7
Etobicoke - South Etobicoke 370,000 2,900 2,000 380,000 365,000 1.4
Forest Hill 667,000 - - 739,000 710,000 -6.1
High Park 380,000 3,000 1,850 380,000 - -
Markham 345,000 3,408 2,100 363,000 330,000 4.5
Midtown Toronto 1,343,000 - - 1,420,000 1,360,000 -1.2
Mississauga - Mississauga 278,500 3,050 2,100 277,000 272,000 2.4
Mississauga - Meadowvale / Streetsville 274,000 2,250 1,550 274,000 260,000 5.4
North Toronto 580,000 - - 585,000 590,500 -1.8
Oakville 345,000 3,200 2,800 365,000 340,000 1.5
Richmond Hill 245,000 2,600 1,600 245,000 235,000 4.3
Riverdale 489,000 - - 419,000 405,000 20.7
Riverdale / Cabbagetown   - - - - -
Scarborough - Agincourt 288,000 2,400 1,600 290,000 256,000 12.5
Scarborough - Central 295,000 2,200 1,600 300,000 260,000 13.5
Scarborough - West Hill 300,000 2,900 1,600 300,000 295,000 1.7
Thornhill 295,000 3,800 1,750 295,000 285,000 3.5
Unionville 430,000 4,248 2,100 430,000 385,000 11.7
Waterfront 1,600,000 - - 1,670,000 1,600,000 0.0
Woodbridge 269,000 - - 262,636 273,063 -1.5

The Royal LePage Survey of Canadian House Prices is a quarterly report that has been published since 1974. Many organizations, including the Bank of Canada, turn to Royal LePage for trends in average house prices in markets across the country. To view issues from the past 12 months, select the appropriate PDF documents below: