As we dive into this week’s Pick 5, I’m heading back to the bustling Yonge & Eglinton area—one of Toronto’s most dynamic neighborhoods. With an ever-growing number of high-rise condos and developments, this area continues to attract buyers looking for convenience, style, and investment opportunities. This time, we’re focusing on five two-bed, two-bath condos, all priced under $800K. The big questions are: why are some of these units still on the market, and how do they stack up in today’s competitive real estate scene? In this post, I’ll break down each unit’s key features, layout, and pricing strategy to offer insights into what buyers can expect in this market.

Market Overview: Yonge & Eglinton Condos Under $800K

The Toronto real estate market is constantly shifting, and the condo sector is no exception. Interest rates, buyer demand, and inventory levels all play a role in shaping the landscape. In Yonge & Eglinton, an area known for its accessibility and vibrant atmosphere, the condo market offers a range of options—from brand-new high-rises to more established buildings. This week, I’ve selected five units that highlight the diversity of what’s available under the $800K price point. Let’s take a closer look at how they compare.

Property Rundown: A Closer Look at the Listings

Here’s a quick rundown of the condos I analyzed this week:

• 39 Redpath Avenue, Unit 411 – $765,000: This unit is located in the E2 Condos, part of a newer development completed in 2022. Priced at $884 per square foot, this two-bed, two-bath condo offers 865 square feet of living space. While the price seems reasonable, the layout leaves something to be desired, with narrow spaces and a slightly awkward kitchen setup. The unit is virtually staged, giving it a bright, spacious look, but without staging, it might feel a bit cramped. There’s no parking or locker included, which could explain why this unit hasn’t sold yet.
• 98 Redpath Avenue – Condo Townhouse – $774,900: This property is a condo townhouse with a unique offering: the feel of a home, combined with the convenience of condo living. With two beds, two baths, and a cozy terrace out front, this unit provides a private, relaxed setting. Unlike high-rise units, this one features a brick façade and has more separation from neighbors. Inside, the layout is efficient and well-staged, making it an attractive option for buyers who don’t want to live in a tower.
• 5 Soudan Avenue, Unit 9 – $779,900: Located in the Art Shoppe Lofts & Condos, this corner unit boasts 863 square feet of living space and is priced at $903 per square foot. The building is relatively new, completed in 2021, and offers a modern aesthetic with great amenities. However, many of the units are micro-condos, and this one, while functional, doesn’t quite deliver on the space you might expect for the price. It’s a solid option for buyers looking for a stylish condo in a prime location, but the layout might feel a bit tight for some.
• 33 Helendale Avenue – $799,000: This unit in Whitehaus Condos, built by Lifetime Developments, is a bit of a puzzle. Priced at $1,224 per square foot for 653 square feet, it’s one of the most expensive per square foot in today’s lineup. The unit is currently tenanted, and the photos show a cluttered space that might be turning off potential buyers. While it has some nice features—such as floor-to-ceiling windows and an open view—the high price tag for such a small space is likely the reason it’s still on the market.
• 188 Redpath Avenue – $799,000: Our final property is located in an older building, completed in 2000. This eight-story building is quaint, with only 86 units. The unit itself offers 910 square feet, making it one of the largest in today’s selection, priced at $878 per square foot. While the layout is traditional, with separate living, dining, and kitchen areas, the unit feels a bit dated. The biggest downside here is the high maintenance fees, which exceed $1,000 per month. However, for buyers looking for space and a quieter building, this could be a great option.

Key Takeaways from This Week’s Analysis

• Pricing Strategy Diversity: The five condos in Yonge & Eglinton showcase a range of pricing tactics. While some are priced competitively to sell quickly, others are banking on location and features to justify higher price points. The variety in pricing strategies reflects the complexity of Toronto’s condo market, where location and buyer demand can significantly impact a unit’s saleability.
• Layouts and Functionality: Several of the units, despite decent square footage, suffer from awkward layouts that don’t maximize the space. Buyers should be cautious and take the time to visualize how they would actually use the space—especially in units that rely on virtual staging to enhance their appeal.
• The Appeal of Condo Townhouses: As seen with 98 Redpath Avenue, condo townhouses offer an interesting alternative to high-rise living. For buyers who want a more home-like feel without the maintenance of a detached house, these properties can be a great compromise.

Final Thoughts

Yonge & Eglinton remains a desirable neighborhood for buyers looking for convenience and a vibrant urban lifestyle. However, not every unit is created equal. Some offer fantastic value for the price, while others are pushing the upper limits of what buyers might be willing to pay. If you’re in the market for a condo in this area, it’s essential to weigh the pros and cons of each unit’s layout, location, and price-per-square-foot to make an informed decision.

As always, thanks for joining me on this week’s Pick 5. Don’t forget to LIKE, COMMENT, and SUBSCRIBE for more insights into Toronto’s ever-changing real estate market.

Have a fantastic weekend, and I’ll see you next week!