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

Submitted by Jasmina on Tue, 2006-12-19 01:58.

Standard Condominium Apartment

A two-bedroom apartment with a living room, a dining room (possibly combined) and a kitchen, with family room or den, in a high-rise building with an inside floor area of 84 sq. metres (900 sq. ft.). Amenities include standard broadloom, 1 ½ bathrooms, 2 appliances, a small balcony and 1 underground parking space. Common area includes a pool and some minor recreational facilities.

Average Home Prices

City Price Oct 2006 Est. Taxes Est. Rental Price Jul 2006 Price Oct 2005 Chg. 1 Year
Beach District   - -     -
Bloor West Village 278,000 2,500 1,400 265,000 245,000 13.5
Brampton / Bramalea   - - 171,500 174,000 -
Burlington   - - 210,000 194,000 -
Cabbagetown 327,500 - - 293,000 285,000 14.9
Don Mills   - - 239,000 192,000 -
Downsview 166,000 1,300 1,500 165,000 160,000 3.8
Etobicoke - Islington / Kingsway 240,000 1,800 1,500 234,000 230,000 4.3
Etobicoke - North Etobicoke 179,000 1,500 1,800 179,000 170,000 5.3
Etobicoke - South Etobicoke 270,000 2,300 1,900 270,000 263,000 2.7
Forest Hill 412,750 - - 430,000 415,000 -0.5
High Park 320,000 2,500 1,600 320,000 - -
Leaside 290,000 2,500 2,200 275,000 260,000 11.5
Markham 275,000 2,717 1,500 282,000 260,000 5.8
Midtown Toronto 344,000 - - 430,000 425,000 -19.1
Mississauga - Mississauga 202,500 2,075 1,350 201,000 194,000 4.4
Mississauga - Meadowvale / Streetsville 215,000 1,750 1,200 209,000 187,000 15.0
North Toronto 331,000 - - 340,000 326,000 1.5
Oakville 220,000 2,100 1,500 220,000 225,000 -2.2
Richmond Hill 235,000 2,800 1,400 235,000 225,000 4.4
Riverdale 326,000 - - 262,000 255,000 27.8
Riverdale / Cabbagetown   - - - - -
Scarborough - Agincourt 180,000 1,600 1,300 180,000 191,000 -5.8
Scarborough - Central 188,000 1,580 1,350 187,000 190,000 -1.1
Scarborough - West Hill 155,000 1,300 1,250 151,500 162,000 -4.3
The Annex 329,000 - - 393,000 385,000 -14.5
Thornhill 260,000 2,500 1,600 260,000 240,000 8.3
Unionville 330,000 3,260 1,600 345,000 300,000 10.0
Waterfront 309,000 - - 251,000 240,000 28.7
Woodbridge 275,400 - - 271,357 257,441 7.0

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: