Ten York Price Analysis: “One of The Best Priced Projects in Years”
There are a number of things that will blow you away about Ten York Condominiums, and perhaps the most important part is the price. Ten York Condos is VERY aggressively priced during the initial launch to Platinum Agents and offers incredible value in one of Toronto’s most sought after condominium developments. So what are the prices?
Average Price Per Square Foot on the 18th Floor: $625
Average Price Per Square Foot on the 36th Floor: $640
Average Price Per Square Foot on the 56th Floor: $705
From the 8th Floor:
1 Bedroom (564sq.ft.) starting at: $345,000 ($611 per square foot)
1 Bedroom + Den (630sq.ft.) starting at $378,000 ($600 per square foot)
2 Bedroom (831sq.ft.) starting at $517,000 ($622 per square foot)
The prices highlighted above offer amazing value and make Ten York one of the best priced condominiums in the City. To hammer home the point even further, we took a look at the resale values of Maple Leaf Square, located just north of Ten York. The average price below are for the last 5 sales.
Type | Average/Sq.Ft (Last 5 Sales) |
Studio | $687.50 |
1 Bedroom (No Parking) | $676.59 |
1 Bedroom (Parking) | $695.17 |
1 Bedroom + Den (No Parking) | $627.94 |
1 Bedroom + Den (Parking) | $695.17 |
2 Bedroom (Parking) | $737.31 |
The sales above highlight that the average price of the area is trading in the upper $600’s per square foot and many sales starting to creep into the $700’s per square foot range. This makes Ten York priced BETTER than the condominiums on today’s marketplace and will be closing in 2017!
Nearby condominium project “ICE” by Lanterra was priced at approximately $600-$625 per square foot when they originally launched, similar to Ten York’s pricing today. ICE sold remaining inventory last year as high as $800 per square foot!
We cannot emphasize this point enough: Ten York is among the best priced projects we have seen in years. The scope of the project and quality of the builder (Tridel) is excellent and Ten York gets a huge stamp of approval from TalkCondo.
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