Toronto continues to have the largest Condominium Market in North America.
In April a new Condo suite was sold every 13 minutes, setting a high-rise Condo sales record for that month.
Who are these luxury Condo buyers?
Some are foreigners who want to invest here after looking around other cities in the World. Most choose Toronto because of the economic, political and social environment found here.
Prices attract too. New York Condos can go for $10,000 to $12,000 a square foot compared to $2,000 to $3,000 luxury Toronto Condos are selling for now.
Some Condo buyers are local business owners who are trading in their luxury mansions in Rosedale and Forest Hill for the latest Condos and luxury amenities the developers have to offer.
Luxury downtown Toronto Condos like the Shangri-La, The Ritz-Carlton, the Four Seasons and the Trump Tower are all catering to moves towards high-end, high-rise Condo living in our cosmopolitan World class city.
Pictured above U Condominiums.
Related:
Yonge Bloor Condos For Sale Or Rent
Toronto Downtown Condos
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