Think $700,000 isn’t enough to buy a decent condo in North York? You might be surprised.
The condo market has shifted, and buyers have more negotiating room than they did a year ago.
Recent North York sales data shows that two-bedroom condos sold for a median of approximately $598,000 over the 90 days leading up to October 27, 2026. That means a $700,000 budget could give you more options than you think.
Where Should You Look?
Neighbourhoods like Willowdale, Bayview Village, and Henry Farm are worth exploring.
Depending on the building, you may find a spacious two-bedroom condo, a unit with parking, or even something within walking distance of the subway.
But here’s where buyers need to be careful.
A $650,000 condo with $950 monthly maintenance fees isn’t necessarily a better deal than a $690,000 condo with $550 fees.
The purchase price is only part of the equation.
Is Now a Good Time to Buy?
If you’re financially prepared and planning to stay long-term, it’s worth exploring your options.
With more listings to compare, buyers may have opportunities to negotiate on price, closing dates, and conditions.
My advice? Don’t chase asking prices. Look at what similar units have actually sold for in the same building.
That’s where you’ll find the real value.
Let’s Find Out What Your Budget Can Buy
Every North York neighbourhood is different, and $700,000 can go further in some buildings than others.
Curious what your budget could realistically get you?
Send me your preferred neighbourhood and budget, and I’ll help you break down your options.
Market reference: North York condo sales data for the 90-day period ending October 27, 2026. Individual property prices and availability vary.