Condo Townhouses: 5 Toronto Homes for First-Time Buyers | Pick 5 Edition

November 27, 2025

This week, David dives into a true Toronto classic: the condo townhouse. Once the perfect middle ground for buyers who couldn’t afford a freehold but didn’t want to live in a tower, these units offered space, privacy, rooftops, and a front door—all without the million-dollar price tag.

This episode compares five two-bedroom condo townhouses from Leslieville to Liberty Village to Mimico to Dufferin Grove, highlighting how each one balances livability, value, and competitiveness in a market where buyers have options and listings don’t move as fast as they used to.

This week’s picks:

  • 02:26 – 88 Munro St: 885 sq ft with a rooftop terrace and a compact layout, but reduced in price to align with comps
  • 07:36 – 3 Shank St: 1,090 sq ft with renovated interiors and a better overall flow; strong value near Trinity Bellwoods
  • 11:34 – 54 East Liberty St: 970 sq ft with a rooftop terrace and original 2000s finishes, surrounded by several competing units
  • 17:25 – 8 Drummond St: 1,170 sq ft near the Mimico GO; a larger, newer layout with modern fixtures but pricing needs to reflect recent sales
  • 20:52 – 20 Merchant Lane: 1,265 sq ft, 2 bed+2 den layout with extra space and a terrace; currently conditionally sold

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