MacLean Realty

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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