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The Cheapest Condos in Toronto in 2020 - Our Top Picks

Author: 
Robert Van Rhijn
Publication date:
June 4, 2022
Article Summary: 

The Cheapest Condos In Toronto In 2020
We've put together a list of buildings that are both reputable and affordable: with that in mind, here are the cheapest condos in the downtown Toronto area based on the average cost per square foot.

As the cost per square foot increases among these buildings, they will undoubtedly increase among all other Toronto condos.

Built in 1990 and with 433 units, it's not the right condo for anyone looking for a new and glossy boutique building with a sense of exclusivity, however if you're looking for value, units are currently selling in the low $800's per square foot at 38 Elm St, while most nearby Bay St condos are selling closer to $1,100.

Average cost per square foot: $702. 500 Queens Quay West is one of my favourite condos in the Waterfront area.

Average cost per square foot: $724. 33 University Ave is one of the highest demand condos on this list.

Located at University and Wellington, the building is in one of the most desirable pockets of the city, where the cost of neighbouring condos is in the mid $900's per square foot.

Average cost per square foot: $725. 65 Scadding takes the first spot on this list as the cheapest condo in the downtown Toronto area.

Keywords: 

affordable condos, cheap toronto condos, toronto real estate, condominiums for sale in downtown toronto, condos for sale in the core, toronto condominiums for sale on queens quay west, cheap condo in downtown toronto, affordable condos in downtown toronto

Source Citation: 
Robert Van Rhijn
The Cheapest Condos in Toronto in 2020 - Our Top Picks
June 4, 2022
https://strata.ca/blog/the-cheapest-condos-in-toronto-in-2020-our-top-picks
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by Stratastic

A 10-unit condominium doesn't have 10% of the responsibilities of a 100-unit condominium.

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It still needs governance, compliance, maintenance planning, financial oversight, and community building. Yet many small condominium corporations receive less support because traditional management models are often designed for larger communities first.

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You'll get to share what's working, what isn't, and how you envision your parcel of Condoland being managed, regardless if you're looking for self-management, limited management, or traditional property management solutions. 

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We've got you covered. Because every condo deserves care.

While you're here and condo curious, why not check out our articles, tailored just for small condos!

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