Toronto’s 7 most expensive condo listings.

, The Buzz

The real estate market in Toronto is experiencing a multiyear boom. The sales numbers in May were up 10.6 percent over the same month in 2015. The average price was up 15%. Toronto Real Estate Board reports that the average price of a detached home in Toronto now stands at $1.28 million.

For many this means that owning a home is simply out of reach financially. Condos have long been the solution for those priced out of the dream of owning a home. For many first time buyers, retirees or business types they are the first choice, as the simplicity of owning a piece of concrete slab hanging in the air and not worrying about maintenance or security gives them a piece of mind to live life. Even though historically, condos were more affordable, the demand has driven the prices up 7.1% in Q2 of 2016 compared to Q2 of 2015. The average price of a condo in Toronto now stands at $442,692.

Such a hot market of course can not exist without the luxury units which sell for over $5 million. Even 1 bedroom units in certain areas can go for over $1 million. What are the most expensive condo units up for sale in Toronto right now? We took to MLS to find out. If you have a few million laying around that you do not know what to do with, why not get yourself one of these hangout pads?

07. #608 – 10 Bellair St

Price: $7,899,000
Sqft: 5000+
Bedrooms: 3
Bathrooms: 4
Maintenance: $5,799.23
Taxes: $37,000

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06. #6002 – 180 University Ave

Price: $9,000,000
Sqft: 4400
Bedrooms: 3
Bathrooms: 5
Maintenance: $2,874.84
Taxes: $44,509.01
Virtual Tour Here

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05. #Ph 1 – 80 Yorkville Ave

Price: $12,900,000
Sqft: 5600
Bedrooms: 3+1
Bathrooms: 4
Maintenance: $6,482.80
Taxes: $38,481.86
Virtual Tour Here


04. #5002 – 50 Yorkville Ave

Price: $13,000,000
Sqft: 4750 – 4999
Bedrooms: 2+1
Bathrooms: 4
Maintenance: $5,102.39
Taxes: $58,329

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03. #2401 – 50 Yorkville Ave

Price: $13,495,000
Sqft: 3843
Bedrooms: 2
Bathrooms: 4
Maintenance: $4,274.51
Taxes: $71,949.90
Virtual Tour Here

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02. #Ph3 – 88 Davenport Rd W.

Price: $13,750,000
Sqft: 5000+
Bedrooms: 4
Bathrooms: 5
Maintenance: $5,825.34
Taxes: $24,201

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01. #5401 – 50 Yorkville Ave

Price: $14,900,000
Sqft: 3750-3999
Bedrooms: 2+1
Bathrooms: 4
Maintenance: $4,282.24
Taxes: $61,663.03
Virtual tour here

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