How much does a condo in Toronto cost based on the sales within the past year? We have done all the heavy lifting for you so you don’t have to. Here’s an easy graphic of prices within a 0.3km radius of each TTC subway station!
Ever wonder about the average price of a one bedroom condo is along the TTC subway map?
Depending on the subway station you live closest to, values do change and it’s all about the subway station.
The subway station does matter when it comes to values. This chart examines the values of a one-bedroom condo within 0.3 km (or approximately 394 steps) of a TTC subway station.
I wanted to see how the numbers would shape up myself so I created a map search with the Toronto Real Estate Board statistics to determine the average price and the price shift in 2017 from 2016 of one bedroom condos.
Last year, I analyzed the value of 2-bedroom condos along each subway line so that you could see what trends emerged at each station when it came to price.
I pulled the data from the Toronto Real Estate Board statistics based on condos that were within a 0.3km radius (394 steps) from a subway station. Some stations didn’t have any condos built within the 0.3 km distance while some stations had less than 2 condo sales reported during the period of Jan. 1 to July 24th, making some of the sample sizes rather small.
In this year’s version, I have added in the data from condo sales in the back half of the year (July 25th – Dec. 31st, 2017). Now we have a better idea of not only the values at each subway station but whether the values increased or decreased towards the back half of the year.
In my third installment of research along the TTC subway map, I decided to investigate the average price of semi-detached houses in Toronto. Also, the increase or decrease in home prices from 2016 to now.
I started to study the value of 1 & 2 bedroom condos along the subway line. After I completed my initial research, my next question was how much have the values changed between 2017 and 2016 at each subway station. My analysis was even surprising to me. It does matter which subway station is the closest to your condo in determining how much your condo will increase year over year.
I pulled the numbers from the Toronto Real Estate Board statistics based on condos that were within a 0.3km radius or 394 steps from a subway station. Some stations don’t have any condos built within the 0.3 km distance and some had few sales reported during the period of Jan. 1 to July 24th making some of the sample sizes rather small (ie. less than 4 condos).
Ever wonder what the average price of a condo is along the subway line? Does the subway station your condo is closest to have anything to do with the value of your condo? Wouldn’t you like to know if the price of a condo matters based on the subway station closest to it? Continue Reading