{"id":15764,"date":"2018-09-11T01:00:30","date_gmt":"2018-09-11T05:00:30","guid":{"rendered":"http:\/\/www.zoocasa.com\/blog\/?p=15764"},"modified":"2019-07-08T11:40:55","modified_gmt":"2019-07-08T15:40:55","slug":"toronto-neighbourhoods-with-the-greatest-condo-price-appreciation","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/toronto-neighbourhoods-with-the-greatest-condo-price-appreciation\/","title":{"rendered":"Toronto Neighbourhoods With the Greatest Condo Price Appreciation by Bedroom [INFOGRAPHIC]"},"content":{"rendered":"

In the City of Toronto, condos remain king when it comes to rising real estate values. According to the latest data<\/a> from the Toronto real estate board, multi-family housing, both of the low- and high-rise variety, experienced price appreciation of 8.3 per cent in the 416 region, outstripping that of all other home types.<\/p>\n

However, as real estate conditions can vary widely at the local level, price appreciation for Toronto condos for sale<\/a> differs dramatically from neighbourhood to neighbourhood. The number of bedrooms within a unit can also have a dramatic impact on its value: according to a recent study from Zoocasa, units with two bedrooms saw greater-than-average appreciation in more neighbourhoods than units with just one bedroom.<\/p>\n

To determine which neighbourhoods experienced the greatest appreciation for both one- and two-bedroom units, Zoocasa analyzed sold data from the Toronto Real Estate Board to calculate average year-to-date (January 1 to August 28, 2018) prices in 95 neighbourhoods across the City of Toronto. According to the findings, two-bedroom units are priced greater than the city average of $641,056 in a total of 43 neighbourhoods, while one-bedroom units\u00a0are priced greater than the average of $473,800 in 30 neighbourhoods. The average two-bedroom condo appreciated by 7 per cent and the average one-bedroom condo appreciated by 11% compared to 2017.<\/p>\n

Check out which Toronto neighbourhoods experienced the greatest (and least) condo appreciation by bedroom in the infographic below:<\/p>\n

\"toronto-one-two-bedroom-condo-prices-2018\"<\/a><\/p>\n

Neighbourhoods with Greatest Y-o-Y Appreciation: 1-Bedroom<\/h2>\n

1 – M1W: L’Amoreaux, Corinthian<\/strong>
\n2018 Price: $268,400
\n2017 Price: $182,000
\n+47%<\/p>\n

2 – M5P: Forest Hill, Midtown Toronto<\/strong>
\n2018 Price: $496,222
\n2017 Price: $342,923
\n+45%<\/p>\n

3 – M9R: Richmond Gardens, Willowridge, Kingsview Village<\/strong>
\n2018 Price: $270,000
\n2017 Price: $197,433
\n+37%<\/p>\n

4 – M6G: Wychwood, Palmerson – Little Italy<\/strong>
\n2018 Price: $577,167
\n2017 Price: $456,161
\n+27%<\/p>\n

5 – TIE M4N: <\/strong>Lawrence Park<\/strong>
\n2018 Price: $661,500
\n2017 Price: $535,875
\n+23%<\/p>\n

5- TIE M3C: <\/strong>Flemingdon Park<\/strong>
\n2018 Price: $443,486
\n2017 Price: $359.442
\n+23%<\/p>\n

Neighbourhoods with Most Y-o-Y Appreciation: 2-Bedroom<\/h2>\n

1 – M1M: Cliffside, Cliffcrest, Scarborough Village<\/strong>
\n2018 Price: $386,265
\n2017 Price: $266,966
\n+45%<\/p>\n

2 – M8W: <\/strong>Alderwood, Long Branch<\/strong>
\n2018 Price: $587,940
\n2017 Price: $435,250
\n+35%<\/p>\n

3 – TIE M3L: Downsview West<\/strong>
\n2018 Price: $226,625
\n2017 Price: $170,000
\n+34%<\/p>\n

3 – TIE M6C: Humewood – Cedarvale<\/strong>
\n2018 Price: $800,000
\n2017 Price: $598,715
\n+34%<\/p>\n

4 – TIE M3C: <\/strong>Flemingdon Park<\/strong>
\n2018 Price: $642,995
\n2017 Price: $484,671
\n+33%<\/p>\n

4- TIE M4B: Woodbine Gardens, Parkview Hills, Topham Park<\/strong>
\n2018 Price: $395,000
\n2017 Price: $298,000
\n+33%<\/p>\n

5 – M4V: <\/strong>Deer Park, South Hill, Summerhill, Rathnelly<\/strong>
\n2018 Price: $1,295,685
\n2017 Price: $1,016,906
\n+27%<\/p>\n

Neighbourhoods with Least Y-o-Y Appreciation: 1-Bedroom<\/h2>\n

1 – M1N: Fallingbrook, Birchcliff, Birchcliff Heights<\/strong>
\n2018 Price: $395,250
\n2017 Price: $466,560
\n-15%<\/p>\n

2 – M1E: <\/strong>Morningside, West Hill, Guildwood<\/strong>
\n2018 Price: $203.667
\n2017 Price: $230,100
\n-12%<\/p>\n

3 – TIE M4K: <\/strong>Greektown, Riverdale, Broadview North<\/strong>
\n2018 Price: $442,244
\n2017 Price: $466.250
\n-5%<\/p>\n

3 – TIE M6L: <\/strong>North Park, Maple Leaf, Rustic<\/strong>
\n2018 Price: $305,100
\n2017 Price: $320,150
\n-5%<\/p>\n

4 – M5R: <\/strong>The Annex, Yorkville<\/strong>
\n2018 Price: $654,454
\n2017 Price: $675,690
\n-3%<\/p>\n

5 – M4T: <\/strong>Moore Park<\/strong>
\n2018 Price: $516,100
\n2017: $513,922
\n0%<\/p>\n

Neighbourhoods with Least Y-o-Y Appreciation: 2-Bedroom<\/h2>\n

1 – TIE M2L: St. Andrews – Windfields, Silver Hills<\/strong>
\n2018 Price: $1,000,000
\n2017 Price: $1,226,000
\n-18%<\/p>\n

1 – TIE M3B: Don Mills, Bridle Path, Windfields<\/strong>
\n2018 Price: $679,923
\n2017 Price: $832,466
\n-18%<\/p>\n

\u00a01 –\u00a0TIE M6G: Wychwood, Palmerston – Little Italy<\/strong>
\n2018 Price: $664,000
\n2017 Price: $806,667
\n-18%<\/p>\n

2 – M5M: Nortown, Bedford Park<\/strong>
\n2018 Price: $685,983
\n2017 Price: $805356
\n-15%<\/p>\n

3 – TIE M6R: <\/strong>Roncesvalles Village, Parkdale<\/strong>
\n2018 Price: $836,201
\n2017 Price: $968,264
\n-14%<\/p>\n

3 – TIE M5C: St. Lawrence Market North<\/strong>
\n2018 Price: $750,482
\n2017 Price: $868438
\n-14%<\/p>\n

4 – M5E: St. Lawrence Market<\/strong>
\n2018 Price: $753,934
\n2017 Price: $866,159
\n-13%<\/p>\n

5 – TIE M4K: <\/strong>Greektown, Riverdale, Broadview North<\/strong>
\n2018 Price: $547,111
\n2017 Price: $623,868
\n-12%<\/p>\n

5 – TIE M4G: <\/strong>Leaside, Bennington Heights<\/strong>
\n2018 Price: $766,404
\n2017 Price: $866,751
\n-12%<\/p>\n","protected":false},"excerpt":{"rendered":"

In the City of Toronto, condos remain king when it comes to rising real estate values. According to the latest data from the Toronto real estate board, multi-family housing, both of the low- and high-rise variety, experienced price appreciation of 8.3 per cent in the 416 region, outstripping that of all other home types. However, […]<\/p>\n","protected":false},"author":39,"featured_media":15767,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[1114,33,181],"tags":[],"class_list":["post-15764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordability-reports","category-real-estate-news","category-toronto-real-estate"],"yoast_head":"\nToronto Neighbourhoods With the Greatest Condo Price Appreciation | Zoocasa<\/title>\n<meta name=\"description\" content=\"What are the Toronto neighbourhoods with the greatest condo price appreciation? 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