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Most Popular Toronto Condos There are over 2,000 condos in Toronto as of 2010. They stretch across the city, from the lake to north of the 401, from Scarborough to the Humber River. Most are standard condo towers, though others include condo townhouses and lofts. Toronto condos have been almost miraculous, seeming to be immune from almost anything. Pundits have called for the collapse of the Toronto condo market since around 2003, yet it simply has not happened. More and more people want to live downtown and condos provide an affordable option. Many first-time buyers enjoy the maintenance-free lifestyle that Toronto condos offer. With 100,000 people moving to Toronto every year, there is no shortage of people needing a home. Recently, the average price per square foot for Toronto condos has stayed relatively flat at $475, though some new projects have come closer to $430 at the end of 2009. Lower pricing, low interest rates and a pent-up demand has resulted in a heated Toronto real estate market. Some older buildings have prices as low as $350 per square foot, though you will have to deal with dated units and high condo fees. Prime locations such as Liberty Village are in the $450-600 psf range. Waterview condos on high floors can approach $700 psf and luxury condos such as those in Yorkville are generally over $1,000 psf. Newer condos offer better features and finishes, with granite and stainless kitchens, glass showers and engineered wood floors - but are definitely smaller. They have state-of-the art gyms, pools and tend to be much more efficient. Older condos offer larger units, at the expensive of dated kitchens, old broadloom and smaller windows. Amenities tend to be less luxurious. Condo fees are usually lower in new buildings, higher in older ones. Below are links of some of the most popular condos in Toronto, in different neighbourhoods. Obviously there are many many more out there, but these are the ones people ask about the most.
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Toronto condo and real estate buyers :: Toronto lofts :: Toronto condo and real estate sellers
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