Most Affordable & Most Expensive Areas to Buy a Condo in Toronto | August 1-7, 2022
Here's your weekly recap on the most affordable & most expensive areas to buy a condo in Toronto from August 1-7, 2022.
![Most Affordable & Most Expensive Areas to Buy a Condo in Toronto | August 1-7, 2022](/content/images/size/w2000/2022/08/Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto--August-1-7.jpg)
![](https://ryliecook.ghost.io/content/images/2022/08/Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto--August-1-7-1.jpg)
Here's your weekly recap on the most affordable & most expensive areas to buy a condo in Toronto from August 1-7, 2022.
1-Bed
![](https://ryliecook.ghost.io/content/images/2022/08/1---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---1-bed---Map.png)
- 30 units sold
- Average price = $589,483
- Most affordable = $440,000 | Birchcliffe (Kingston Rd)
- Most expensive = $860,000 | Queen West
![](https://ryliecook.ghost.io/content/images/2022/08/1---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---1-bed---Stats.png)
1-Bed + Den
![](https://ryliecook.ghost.io/content/images/2022/08/2---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---1-bed-den---Map.png)
- 31 units sold
- Average price = $667,252
- Most affordable = $487,500 | Hwy 27 & Finch
- Most expensive = $960,000 | Danforth Village
![](https://ryliecook.ghost.io/content/images/2022/08/2---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---1-bed-den---Stats.png)
2-Bed
![](https://ryliecook.ghost.io/content/images/2022/08/3---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---2-bed---Map.png)
- 45 units sold
- Average price = $720,622
- Most affordable = $440,000 | Danforth & Vic Park
- Most expensive = $1,125,000 | Queen & Broadview
![](https://ryliecook.ghost.io/content/images/2022/08/3---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---2-bed---Stats.png)
2-Bed + Den
![](https://ryliecook.ghost.io/content/images/2022/08/4---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---2-bed-den---Map.png)
- 20 units sold
- Average price = $1,040,995
- Most affordable = $578,000 | Warden & Sheppard
- Most expensive = $2,130,000 | Bayview & Sheppard
![](https://ryliecook.ghost.io/content/images/2022/08/4---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---2-bed-den---Stats.png)
3-Bed
![](https://ryliecook.ghost.io/content/images/2022/08/5---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---3-bed---Map.png)
- 12 units sold
- Average price = $936,563
- Most affordable = $580,000 | Bathurst & Finch
- Most expensive = $1,800,000 | Spadina & St. Clair
![](https://ryliecook.ghost.io/content/images/2022/08/5---Most-Affordable---Most-Expensive-Areas-to-Buy-a-Condo-in-Toronto---August-1-7---3-bed---Stats.png)
Overall the condo market is still quite active however there does seem to be some negotiating going on as the average % of list price is hovering around the 98% mark (compared to the 120-130% of list seen earlier this year).
Be sure to check back next week for the most up-to-date stats!
Have any questions about buying a condo?
Feel free to message me on Instagram @TorontoRealEstate.ca !
Rylie C.