Value for money check-in…what budgets of $500K to $2M buy you in Toronto (Q1, 2024)

I’m often asked various versions of the same question “what can you get for XXXX” these days? So I thought I’d put together a quick-read summary of what budgets ranging from $500K through to $2M can buy you in Toronto, using recently sold examples from Q1, 2024.

Take a gander, and as always - reach out if you ever want to discuss anything real estate related!

-Steve

~$500K

Click image to view sold listing

130 River St. unit 1209, Toronto (Regent Park)

  • 1 bedroom condo at River St. and Dundas

  • Sold for $510,000 on Feb 11, 2024

  • 452 square feet, 0 parking, 1 locker

  • 1 year old, condo fees $289


~$750K

Click image to view sold listing

2409-80 John St., Toronto

  • 1 bedroom + den with parking and locker

  • Sold for $749,900 January 22, 2024

  • 700-800 sq feet

  • 12 years old, condo fees $832


~$1M

Click image to view sold listing

43 Highfield Rd., Toronto (Leslieville)

  • 3 bedroom semi-detached, in need of some TLC

  • Sold for $1,020,000 March 2, 2024

  • 1 parking (shared driveway) on a 19 x 114 foot lot, no central A/C. 


~$1.5M

14 Riverdale Ave., Toronto (Riverdale)

  • 2 bed, 2 bath, 0 parking

  • Steps from one of Toronto’s best skyline views at Riverdale park

  • Sold for $1,530,000 on March 4, 2024

  • 17 x 100 lot

  • 122 years old


~$2M

377 Madison Ave., PH 707 (Casa Loma)

  • 2+1 bed, 3 bath, 2 parking

  • Sold for $2,095,000 on January 22, 2024

  • 1292 Sq Ft Builder + 1030 Sqft Terrace

  • 15 years old, condo fees $1242

Steve MacLean

Driven to help others achieve their dreams, Steve brings a strong set of well-honed skills to the competitive Toronto real estate market; after graduating from Queen’s Commerce Steve spent 13 years as an award-winning marketer leading some of Canada’s biggest packaged goods brands. Deciding it was time for a change after the pandemic upended life as we know it, Steve wanted to roll up his sleeves and help others achieve big life goals, putting his good instincts, strategic mindset, analytical prowess and honest attitude to work.

https://www.macleanrealty.ca
Next
Next

4 reasons why buyers should take advantage of the current market conditions, while they last…