In case you're not a real estate speculator and haven't yet heard, the condo market in Toronto has taken a complete nosedive in the last few months...
In case you're not a real estate speculator and haven't yet heard, the condo market in Toronto has taken a complete nosedive in the last few months, with sales activity at aAs such, here are just a few of the now numerous one-bedroom condos that are currently up for grabs downtown for under the"affordable" $450,000 mark:
Though it has the typical aesthetic and floorplan of most new cookie-cutter units and is compact at just 552 square feet, it is bright, clean, and has all of the necessary amenities to make it ideal for a lower-cost, single-person starter home. The unit, located in Moss Park, is larger than the above at 699 square feet, and includes a balcony to boot, but no parking. It also has more of a bedroom space rather than the corner pocket bedroom that many smaller one-beds in the city have.
The upstairs bedroom makes the condo feel much more like a townhome, as do details like the fireplace and non-shoebox layout.! Like the home above, this unit has a more desirable configuration than many new Toronto developments, mainly because it is in an older building.
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