The 5 ‘Most Affordable’ Condos Sold in Toronto this Past Month

#1110 - 335 Driftwood Avenue/Zoocasa

As sky-high real estate prices continue to be a challenge in Toronto, hopeful homeowners may find solace knowing that there are affordable condos out there that fit their budget—they just need to know where to look.

This month, we teamed up with Zoocasa to bring you a list of the most affordable condos sold in Toronto between December 15 and January 15, 2020, demonstrating that there are ‘affordable’ options out there.

Each of these properties sold for $268,000 or less, which is well below the average price of a condo/apartment in Toronto, which is currently $633,948, according to the latest report from the Toronto Real Estate Board (TREB).

READ: Affordable Units Could Soon Become Mandatory In All Toronto Condos

5. #2506 – 3390 Weston Road: Sold for $268,000

#2506 – 3390 Weston Road/Zoocasa
  • Bedrooms: 1
  • Bathrooms: 1
  • Parking: 1
  • Size: 699-699 sq.ft

Offering cityscape views, this condo is close to shops, the TTC, York University, and Highway 400, making it a good investment for someone looking to buy real estate near campus.

4. #1110 – 335 Driftwood Avenue: Sold for $260,000

#1110 – 335 Driftwood Avenue/Zoocasa
  • Bedrooms: 2
  • Bathrooms: 1
  • Parking: 1
  • Size: 800-899 sq.ft

Another condo to sell near York University is this two-bedroom unit, with transit, shopping, highways, the Downsview Airport and schools right nearby.

3. #709 – 320 Dixon Road: Sold for $250,000

#709 – 320 Dixon Road/Zoocasa
  • Bedrooms: 2
  • Bathrooms: 1
  • Parking: 1
  • Size: 900-999 sq.ft

Right off of Dixon Road this condo is equipped with two bedrooms, this space comes with gated 24-hour security and quick access to major highways, schools, shopping malls, and Toronto Pearson International Airport.

2. #213 – 10 Eddystone AvenueSold for $212,000

#213 – 10 Eddystone Ave/Zoocasa
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking: 1
  • Size: 1000-1199 sq.ft

This York condo townhouse is the largest on the list, boasting three bedrooms and a 100 sq.ft balcony for just over $200,000. Plus, this space comes with an underground parking spot and it’s walking distance from the TTC, schools, a shopping plaza, and supermarkets.

1. #5210 – 50 Old Kingston Road: Sold for $149,000

#5210 – 50 Old Kingston Road/Zoocasa
  • Bedrooms: 0+1
  • Bathrooms: 1
  • Parking:  None
  • Size: 0-499 sq.ft

Definitely on the smaller side, this cozy, east-end bachelor offers views of the surrounding ravine and was the cheapest condo sold in Toronto this month.

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