Tag Archives: price per square foot
Welcome to the inaugural edition of BBH Data! We’ll be using a massive magnifying glass to examine the abundance of new construction data available on our site.
In this edition, we’re zeroing in on Toronto’s new condo market and providing you with seven facts on pricing, square footage and maintenance fees that you won’t find anywhere else. Before we get started, let’s get one thing straight: these are Toronto city proper figures, not GTA.
Got it? Okay, time to get down to business…
The average price of a new condo suite in Toronto is $500,685 according to unit pricing information currently available on BuzzBuzzHome. The highest suite price is $18,373,000 while the lowest is $152,760.
The average price of a new one bedroom condo suite is $377,048 and the average two bedroom price is $529,497.
Not enough data for you? Okay, let’s do a lightning round:
* The average condo suite size is 865 square feet.
* The largest suite is 11,370 square feet at Aura at College Park and the smallest is 270 square feet at Peter Street Condos.
* Estimated price per square foot is currently sitting at $663.
* Median unit maintenance fees in Toronto are $394.45 (per month) with the highest maintenance fees being $5117 and the lowest being $170.24.
Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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Atria Developments introduced Garment Factory Lofts, a new live/work industrial conversion that will revitalize a former garment factory. Garment Factory Lofts is located in the Queen Street East neighborhood, one that is undergoing an exciting resurgence between Logan Avenue and Leslie Street to form a hip Downtown Toronto East.
This neighbourhood is fast on its way to becoming an urban success story. Garment Factory Lofts is just down the street from the Distillery District, and steps from Leslieville. In the vicinity are eateries such as Verveine and Gio Rana’s Really, Really Nice Restaurant.
Popular nightspots include Barrio, where regulars sip martinis and enjoy tapas-style treats while a DJ spins music on Saturday night. When the proposed changes to the Toronto Film Studio suroundings become reality, that entire area will be home to new retail, residential and live/work housing, adding to the urban tapestry.
Designed by award-winning Core Architects Inc., the eight-storey Garment Factory Lofts meld the original brick faÃ§ade of the warehouse with modern steel and glass to create a striking whole that is greater than the sum of its parts. The building terraces back begin at the third floor, and are distinguished by an acid green canopy that will grace the entry on Carlaw and extend back into the lobby. Every loft offers a glazed balcony or spacious terrace with amazing views.
The Garment Factory Lofts features 150 lofts comprised of studios, one-bedroom, one-bedroom plus den/workspace, two-bedroom, and two-bedroom plus den/workspace, and penthouses with views of the lake. Priced from just $139,900, these lofts, will range in size from 525 to 1,303 square foot and offer the lowest price per square foot of any authentic loft in the city.
The spectacular model loft by Fleur-de-lis Interior Design Inc. contains examples of the building’s interesting architectural details such as the original fluted columns, ceilings that soar up to almost 12 feet, and large windows. The model kitchen will feature modern Wenge-stained cabinetry, a stone backsplash and island with a stone top. This one-bedroom plus den/workspace also showcases a gas stove, gas BBQ hookup, and an optional gas fireplace.
Atria Developments is known as the creator of i-Zone live/work lofts, located across the street from Garment Factory Lofts. i-Zone was a major catalyst for change in the surrounding neighbourhood, and is now home to artists, filmmakers, photographers, and other creative spirits. The development of the Garment Factory Lofts will bring a further greening to this former industrial neighbourhood with the inclusion of a parkette that backs onto Boston Avenue.
Atria Developments is a family-owned and operated company specializing in the revitalization of former industrial urban areas by renewing existing sites.
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