Toronto’s presale condo market is evolving, and I’m seeing some fascinating trends. Two boutique projects—one near Yorkville and the Annex, the other in north Toronto—are meeting the needs of buyers who want more than just an investment. In fact, the Yorkville/Annex building is about 40% sold, and many buyers are combining smaller units to create customized homes averaging around $3 million. Meanwhile, the north Toronto project has trimmed its total units to about 500, focusing on larger, more livable spaces, with plenty of two-bedroom and even some three-bedroom options. Both projects are clearly appealing to downsizers or those seeking a luxury upgrade, even if it means a slower sales cycle than we’ve seen during Toronto’s real estate booms of the past. One developer is even moving ahead with its own capital despite modest presales, while the other is eyeing a 2027 construction start after reaching its financing milestones. These shifts reflect what I hear every day—people are looking for quality, comfort, and a home that truly fits their lifestyle, not just another investment. If you’re thinking about how these trends might affect your own real estate goals, I’m always here to share insights and help you make sense of the market.
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