Toronto's Luxury Condos are actually quite affordable when comparing them to condo prices around the world. Luxury condos in Toronto range on average from approx $850 to $1500 per square foot. Other cities such as London and New York run from $3,600 to $8,400 and $2,100 to $6,000 respectively. Singapore's "The Marq" sold a condo unit for $31 million which works out to about $5000 per sq foot. London's One Hyde Park penthouse units are available for a cool $176 Million. (The Price of Luxury in Toronto, National Post, April 25th, 2008).
Building | Location | Approx Price/sq ft | Developer |
Four Season Private Residences | Yorkville | $1580 | Menkes and Lifetime |
Trump International | Bay & Adelaide | $1137 | Talon International Developments Corp |
Residences at The Ritz Carlton | Wellington & Simcoe | $989 | Ritz Carlton Hotel Co/ Graywood Developments |
One King West | Yonge and King | $872 | Stinson Realty Corp |
The Uptown Residences | Yorkville | $686 | Pemberton Group |
L Tower | Yonge and Front | $531 | Fernbrook/ Citizen / Castlepoint |
*PPSF based on unsold units currently for sale. Source: Realnet Canada and project site info.
Building | Location | Approx Price/sq ft |
Wymara | Grace Bay Beach, Turks and Caicos | $5166 |
Knightsbridge | London | $3500 |
One Hyde Park | London | $2200 |
The Marq | Singapore | $1817 |
Burj Dubai | Dubai | $1450 |