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

Mar 13

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

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

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

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