Midtown Toronto Condo Market Analysis
A comprehensive review of recent condo sales in Midtown Toronto
BROUGHT TO YOU BY
Davelle & Co
Based on REALM Data from December, 2025 to May 4, 2026
Key Takeaways at a Glance
91
Sold Listings analyzed across midtown Toronto
$335K – $648.5K
Sold price range
$303 – $1,615/mo
Maintenance fee range
Smallest condos (under 500 sqft) command the highest price per sqft at $1,657/sqft — a 3× premium over larger units
The 600–699 sqft range is the most active, representing 49% of all transactions
Maintenance fees scale with size: from $358/mo (micro-units) to $1,615/mo (1,000+ sqft)
The most maintenance-efficient size tier is 600–699 sqft at just $0.85/sqft/month
Where Are Buyers Active? Listing Distribution by Size
The midtown Toronto condo market is heavily concentrated in the 600–699 sqft range, which accounts for nearly half of all recent transactions. This reflects the dominance of standard one-bedroom layouts in the Yonge-Eglinton corridor.
SqFt Range
Count
% of Market
0–499
13
14%
500–599
21
23%
600–699
45
49%
700–799
5
5%
800–899
5
5%
900–999
1
1%
1,000–1,199
1
1%
Average Sold Price by Square Footage Range
Sold prices rise with unit size, but the relationship is not strictly linear. The jump from micro-units to mid-size units is significant, while larger units show diminishing returns in absolute price.
KEY INSIGHT
800–899 sqft units average slightly less than 700–799 sqft units, suggesting pricing is heavily influenced by building-specific factors and location within the midtown corridor rather than just size.
Price per SqFt Drops Sharply as Unit Size Grows
The "small unit premium" is one of the most striking patterns in this dataset. Buyers pay dramatically more per square foot for smaller condos — a well-documented phenomenon in dense urban markets.
KEY INSIGHT
Moving from a sub-500 sqft unit to a 600–699 sqft unit reduces the price/sqft by nearly 50% ($1,657 → $845), making mid-size units a materially better value on a per-sqft basis.
Maintenance Fees Scale with Unit Size
Monthly maintenance fees increase predictably with unit size, as larger units carry a proportionally larger share of building operating costs.
However, the rate of increase is not uniform — fees jump significantly for units above 700 sqft.
KEY INSIGHT
Maintenance fees more than quadruple from the smallest to the largest size tier ($358 → $1,615/mo), a critical cost consideration for buyers evaluating larger units.
Wide Variability Within Each Size Tier
Even within the same square footage range, maintenance fees can vary substantially — driven by building age, amenity level, reserve fund health, and management quality. The 600–699 sqft tier shows the widest absolute range.
SqFt Range
Minimum Fee
Median Fee
Maximum Fee
0–499
$303
$355
$403
500–599
$378
$474
$593
600–699
$419
$542
$843
700–799
$514
$645
$938
800–899
$746
$899
$989
900–999
$1,125
$1,125
$1,125
1,000–1,199
$1,615
$1,615
$1,615
Most Maintenance-Efficient Size: 600–699 SqFt
When normalizing maintenance fees by square footage, the 600–699 sqft tier emerges as the most cost-efficient — paying the least per square foot per month. Both the smallest and largest units are relatively less efficient.
KEY INSIGHT
The U-shaped curve in maintenance efficiency suggests that mid-size units (500–700 sqft) offer the best value in terms of space-to-fee ratio.
How Maintenance Fees Relate to Sold Price
The data reveals that maintenance fees and sold prices are loosely correlated — higher-priced units tend to carry higher fees, but there is significant dispersion. This suggests that building-specific factors (amenities, age, location) play a larger role than unit size alone.
01
HIGH DISPERSION IN MID-SIZE
Several 600–699 sqft units at similar price points ($520K–$580K) show maintenance fees ranging from $419 to $843/mo — a 2× difference for comparable-sized units.
02
BUILDING AGE IMPACT
800–899 sqft units at 1901 Yonge St show fees approaching $1,000/mo, reflecting an older building with higher operating costs compared to newer builds.
03
ABSOLUTE MAXIMUMS
The highest-maintenance unit (30 Holly St, 1,142 sqft) at $1,615/mo is also one of the larger units in the dataset, showing that absolute size still dictates the ceiling.
What This Means for Buyers & Investors
01
The 600–699 sqft sweet spot
This size tier offers the best combination of absolute price, price-per-sqft efficiency, and maintenance cost efficiency. With 49% of market activity, liquidity is also highest in this range.
02
The small unit premium is real — and steep
Sub-500 sqft units cost $1,657/sqft vs. $845/sqft for 600–699 sqft units. Unless location or entry price point is the primary driver, buyers get significantly more value per dollar in mid-size units.
03
Maintenance fees deserve scrutiny
A $100/mo difference in maintenance fees compounds to $36,000 over 30 years. The 2× variability within the same size tier underscores the importance of reviewing status certificates before purchasing.
BOTTOM LINE
In midtown Toronto's current market, the 600–699 sqft one-bedroom condo represents the most liquid, most efficiently priced, and most maintenance-cost-effective entry point for buyers and investors alike.
Data Notes & Methodology
DATA SOURCE
91 unique sold condo listings from a shared REALM MLS portal.
Geographic focus: Midtown Toronto (Yonge-Eglinton corridor, including Redpath Ave, Roehampton Ave, Holly St, Erskine Ave, Broadway Ave, Merton St, and surrounding streets).
Sale dates: December 2025 – May 2026.
METHODOLOGY
Square footage recorded as MLS ranges (e.g., "600–699 sqft"); midpoint used for per-sqft calculations.
Sqft sources vary by listing: builder's plan, MPAC, floor plan, or city records.
Maintenance fees extracted directly from individual listing detail pages.
9 listings excluded from per-sqft analysis due to missing or ambiguous data.
LIMITATIONS
Sample size is limited for larger unit tiers (n=1 for 900–999 and 1,000–1,199 sqft).
Maintenance fees reflect current monthly amounts and do not account for special assessments.
Price per sqft calculations use range midpoints, introducing minor approximation error.