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A penthouse living room with floor-to-ceiling windows

Buying a condo in Toronto

The right building, the right suite, at the right price.

We’ve been inside hundreds of Toronto’s condo buildings over the years and studied the sales in each. We know which ones to move fast on, and which ones to walk away from.

Where condo buyers overpay

Two buildings on the same street can be worlds apart.

We cover all three before you make an offer.

The entrance of a stone condo building in Toronto
01

The building.

A beautiful lobby can hide weak finances, poor management or a special assessment on the way.

What we check
A bright condo living room with a wall of windows
02

The price.

Paying above what the same floor plan in the building, or similar suites nearby, actually sold for.

See what suites sold for
A loft condo kitchen and living room
03

Every month after.

Fees that rise faster than expected, and what they do and don’t include.

Monthly cost calculator

The price

See what suites actually sold for.

Asking prices are a strategy. Sold prices show what the market will really pay, building by building, and we use them on every offer.

  • Sold prices, free with an accountSale prices and dates on every listing and building page, with how long each suite took to sell and how it did against the asking price.
  • Every building, comparedOur condo building directory ranks buildings by asking price per square foot, fees and how often suites come up for sale.
  • Our view, in writingBefore every offer, we pull what the same floor plan sold for on other floors, compare similar buildings nearby, and send you our view in writing.
Recently sold nearbyExamples
2 bedrooms + den, 1,150 sq ftYorkvilleSold September 2026 · 14 days on marketSign in to see
2 bedrooms, 980 sq ftYonge and St. ClairSold September 2026 · 8 days on marketSign in to see
3 bedrooms, 1,600 sq ftForest HillSold August 2026 · 22 days on marketSign in to see
1 bedroom + den, 820 sq ftKing WestSold August 2026 · 11 days on marketSign in to see
Examples shown. Real sales and prices are shown to signed-in clients only.

Highest asking price per square foot right now

Browse all condo buildings
BuildingAsking per sq ftSuites for sale
$2,990
2
$2,188
2
321 DavenportThe Annex · 321 Davenport Rd
$2,175
2
50 ScollardThe Annex · 1315 Bay St
$2,077
4
A boutique condo building in midtown Toronto

The building

Hundreds of buildings, studied.

We’ve toured the lobbies, amenity floors and suites of hundreds of Toronto condo buildings over the years, and we track the sales in each. So we can tell you how a building is run, how it has held its value, and which ones to avoid.

The status certificate

The building’s key documents, reviewed by your lawyer, with our notes on what to ask.

The reserve fund

Savings for major repairs, measured against the reserve fund study.

Fees and assessments

What fees include, how they’ve changed, and any special assessments.

Management and upkeep

How the building is run, from the lobby to the mechanical rooms.

Service and privacy

Concierge, security, suites per floor, private elevators.

The rules

Pets, renovations and rentals, including Toronto’s short-term rental rules.

“His priority is for his client to buy a home they will be happy with.”

Clarence, bought a condo downtown · More reviews

Considering a building? Ask us what we know about it

A high-floor condo dining area and kitchen with a view of downtown Toronto

The suite

The right suite in the right building.

Two suites in the same building can be worth very different amounts. We look at what decides how a suite lives today and how it will resell, and we check what the same floor plan sold for on other floors.

Floor and floor plan

What the same layout sold for on other floors shows what this suite and its position are really worth.

Exposure and views

The light through the day, and what could be built next door.

Noise

Elevators, garbage chutes, mechanical rooms, the street and the amenity deck.

Parking and locker

Owned, exclusive use or leased, which matters for value and resale.

Mark Savel, Sales Representative, Toronto Livings

The plan

Our four standards, for a condo.

The same four standards every buyer gets, applied to buying a condo. How we work with every buyer

01A private strategy session

The buildings and neighbourhoods that fit how you live, and what matters most in a suite.

02The true cost of ownership

Purchase costs, then monthly costs including condo fees, so you compare buildings on what they cost to own.

03First to know

New suites in your chosen buildings the moment they’re listed, with our notes on the suite and the building.

04The 150-point plan

Status certificate review, offer, closing and move-in booking, all tracked so nothing is missed.

“We are so grateful to have him on our side.”

Justine and Alex, bought a condo · More reviews

Buyer stories

How it plays out.

The kinds of situations we handle every week.

A bright condo with floor-to-ceiling windows

The penthouse that wasn’t the best buy

Our buyers had their hearts set on a penthouse in a well-known building. The status certificate showed a reserve fund well behind its plan. We compared three similar buildings nearby.

How it ended

They bought a full-floor suite a few blocks away, in a stronger building with lower fees.

An open loft kitchen with tall windows

Pricing the one-of-a-kind

A rare hard loft, with no recent sales in the building to compare. We priced it from sales in similar converted buildings, adjusted for ceiling height and outdoor space, and negotiated on terms as well as price.

How it ended

They bought below the asking price, with the closing date they needed.

A bright condo living room

Moving fast on the right suite

A south-facing suite came up in a small building where that floor plan rarely sells. Because we already knew the building’s finances and past sales, we had a strong offer ready the same day.

How it ended

Our buyers secured it before the first weekend of showings.

What is a status certificate?

A package from the condo corporation covering the building’s finances, reserve fund, legal matters, rules and the suite’s fees. Your lawyer reviews it before your offer becomes firm.

What does a healthy reserve fund look like?

It depends on the building’s age and its reserve fund study. We look at whether contributions are keeping pace with the plan, rather than the balance alone.

What do condo fees cover in Toronto?

Usually the building’s insurance, upkeep of the common areas and amenities, management, and a contribution to the reserve fund. Many buildings also include some utilities, such as heat or water. The status certificate and the building’s budget show exactly what yours include.

Can I rent out my condo in Toronto?

Long-term rentals are usually allowed unless the building’s declaration says otherwise. Short-term rentals are only allowed in your principal residence and must be registered with the City, and many condo corporations ban them in their rules. We check before you offer.

How do you price a penthouse or full-floor suite?

They trade less often, so we compare them with similar suites across buildings, not just within one, and adjust for views, outdoor space and finishes.

Do I pay land transfer tax twice in Toronto?

Yes. Toronto buyers pay Ontario’s land transfer tax and the City of Toronto’s municipal land transfer tax, both due on closing. First-time buyers may qualify for a rebate on each. Our land transfer tax calculator works out both.

Let’s talk

Start with a private strategy session.

Tell us which buildings you’re considering. We’ll tell you what we know about them, and which to move fast on.

  • Your plans stay private: no posts, no signs.
  • Your search can start right away, so you’re first to know.
  • No pressure, and no obligation.
Mark Savel
Mark SavelSales Representative

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