RSS

The Pros and Cons of Living in Downtown Toronto

If you’re browsing homes for sale in downtown Toronto, you’re likely drawn to the energy, convenience, and lifestyle of the city core. But before you buy, it’s worth understanding both the advantages and the trade-offs of urban living.


Pros of Living in the Core

1. Convenience and Walkability

Living downtown means you’re steps away from work, shops, restaurants, and entertainment.
You can walk or take the TTC almost anywhere — no car required. That can save hundreds each month on gas, parking, and insurance.

2. Lifestyle and Entertainment

Downtown Toronto offers unmatched cultural experiences — top restaurants, concerts, festivals, and nightlife.
Neighbourhoods like King West, the Financial District, and the Waterfront give you constant access to city life and lakefront views.

3. Investment Potential

Downtown Toronto homes for sale often hold their value well due to consistent demand.
Condos in the core typically attract professionals, students, and investors, offering both rental and resale potential.

4. Employment Access

Most major employers and hospitals are within the downtown core.
Short commutes mean less stress and more time for yourself.


Cons of Living in the Core

1. High Housing Costs

Downtown homes come at a premium.
Expect higher prices per square foot, monthly condo fees, and parking costs.
Compare listings with nearby neighbourhoods on your Toronto condo buying guide.

2. Smaller Spaces

Many downtown Toronto condos offer limited square footage and minimal outdoor areas.
If you value large living spaces or private yards, check surrounding communities before buying.

3. Traffic, Noise, and Construction

Downtown traffic and TTC congestion can be frustrating.
Ongoing construction adds noise and delays — a common reality in city-core living.

4. Limited Parking

Owning a car downtown is costly.
Monthly parking rates can exceed $200, and availability is limited in many buildings.


🎯 What to Consider When Buying Downtown

When viewing homes for sale in downtown Toronto, evaluate:

  • Building reputation and management quality

  • Condo fees and amenities

  • Transit access (TTC, Union Station, PATH)

  • Proximity to parks, schools, and grocery stores

  • Noise levels and future development nearby

For a free property value estimate, visit our Toronto home evaluation page.

🏡 Ready to Find Your Home in Downtown Toronto?

Explore available listings and exclusive assignments through RE/MAX Plus City Team — your trusted Toronto Downtown Realtor.
Visit remaxpluscity.com to view new Toronto condo assignments, pre-construction opportunities, and current homes for sale in downtown Toronto.


Frequently Asked Questions – Downtown Toronto Real Estate

1. What is the average price for condos in downtown Toronto in 2025?
Average resale condos range between $950,000 and $1.2M depending on location and size. New builds along the waterfront can exceed $1.4M.

2. What are typical condo fees in downtown Toronto?
Monthly fees average $0.75–$1.10 per sq. ft. and include maintenance, concierge, and amenities.

3. Are downtown Toronto homes a good investment?
Yes. The downtown core continues to attract professionals and investors, supporting steady long-term demand and rental yields.

4. Which neighbourhoods are best for first-time buyers downtown?
Look into Fort York, CityPlace, Canary District, and Riverside Square for a balance of affordability and accessibility.

5. How do I get pre-construction access to new downtown Toronto condos?
Register with RE/MAX Plus City Team to access early VIP pricing and exclusive Toronto condo assignments.

Read

New property listed in Toronto E05

I have listed a new property at 709 3260 Sheppard Avenue E in Toronto. See details here

Be the first to call this brand new 1-bedroom + den suite at Pinnacle Toronto East your home. Located in the East Tower of a vibrant new community in Tam O'Shanter, this thoughtfully designed unit offers a bright and functional layout with a south-facing balcony, perfect for enjoying sunsets, morning coffee, or a quiet place to unwind. The sleek kitchen features modern finishes, built-in appliances, and ample cabinet space, combining style and practicality. The open-concept living area allows for both relaxing and entertaining, with natural light filling the space. Residents will enjoy a full range of amenities, including an outdoor pool, fitness centre, yoga studio, rooftop terrace with barbecue stations, party room, sports lounge, and a children's play area. Conveniently located with groceries just across the street, TTC a few minutes away, and easy access to Fairview Mall, Scarborough Town Centre, Pacific Mall, and major highways. Parking and locker are included.

Read

I have sold a property at 2208 50 Ordnance Street in Toronto

I have sold a property at 2208 50 Ordnance Street in Toronto on Oct 21, 2025. See details here

Welcome to Playground Condos, perfectly located at the edge of Liberty Village and King West. This freshly painted and professionally cleaned studio suite offers open-concept living with unobstructed city views and a private balcony. Designed for efficient, modern living, the unit features pot lights throughout with dimmer controls, adding warmth and versatility to the space. Ideal for professionals or anyone seeking a vibrant downtown lifestyle, this unit is move-in ready and filled with natural light. Residents enjoy access to a wide range of exceptional amenities, including an outdoor pool with sweeping city views, a well-equipped fitness centre, steam room, sauna, hot tub, BBQ area, party room, billiards lounge, and 24-hour concierge service. Visitor parking is also available for guests. Situated just steps from the lake, boardwalk, Exhibition GO Station, TTC, grocery stores, restaurants, and endless entertainment options, this location offers the ultimate in convenience and city living.

Read

I have sold a property at 1001 575 Conklin Road in Brantford

I have sold a property at 1001 575 Conklin Road in Brantford on Oct 22, 2025. See details here

Brand New 2-Bed, 2-Bath Suite with Oversized Private Terrace at Ambrose Condos. Be the first to call this never-lived-in suite home at the boutique Ambrose Condos, perfectly situated in the sought-after West Brant neighbourhood. Offering 850 sq ft of thoughtfully designed interior space, this bright and airy 2-bedroom, 2-bathroom unit also features a massive 268 sq ft private terrace, ideal for entertaining or relaxing outdoors. The smart split-bedroom layout provides optimal privacy and functionality, while soaring ceilings and large windows flood the home with natural light. The modern kitchen is equipped with quartz countertops, a central island, and stainless steel appliances, combining style and practicality. A separate den offers flexible space, perfect for a home office, reading nook, or creative studio. Enjoy the ease of living just moments from major shopping, parks, and public transit, all within a newly built community that delivers on comfort, design, and location.

Read

New property listed in Toronto E05

I have listed a new property at 902 3260 Sheppard Avenue E in Toronto. See details here

Welcome to this spacious and brand new 2-bedroom suite at Pinnacle Toronto East, offering over 800 sqft of total living space with a generous 175 sqft private terrace. Perfect for enjoying your morning coffee or hosting friends, this outdoor space adds to the comfort of condo living. Inside, you'll find a bright and open layout with large windows that bring in natural light throughout the day. The sleek modern kitchen is complete with stainless steel appliances, quartz countertops, and ample cabinetry for everyday convenience. The primary bedroom features a walk-in closet and ensuite access to a 4-piece bath, while the second bedroom offers versatility for guests, a home office, or a growing family. Residents enjoy premium building amenities such as an outdoor pool, gym, yoga studio, party room, rooftop terrace, children's play area, and 24-hour concierge. Ideally situated near Sheppard & Warden, you're just minutes from major shopping destinations like Fairview Mall and Scarborough Town Centre, TTC, GO Transit, grocery stores, parks, schools, and highways 401, 404 & 407.

Read

New property listed in Toronto C08

I have listed a new property at 1504 42 Charles Street E in Toronto. See details here

Experience elevated city living in one of the largest southwest corner suite in the building, featuring a bright and open 532 sq ft interior plus an expansive 263 sq ft wrap-around balcony Flooded with natural light, the open-concept layout offers panoramic city views and modern comfort. Enjoy top-tier amenities including a state-of-the-art gym, outdoor pool with lounging area, party and meeting rooms, and 24-hour concierge. Ideally located just steps from Yonge-Bloor Subway Station, Yorkville, U of T, shops, restaurants, theatres, and Eataly-everything you need is right at your doorstep.

Read

New property listed in Toronto C01

I have listed a new property at 1103 381 Front Street W in Toronto. See details here

Welcome to Apex Condos, where comfort meets convenience in the heart of downtown Toronto. This bright and spacious 2-bedroom plus den, 2-bathroom corner unit offers a functional open-concept layout with floor-to-ceiling windows that fill the home with natural light. The den is perfect for a home office, reading nook, or guest space. Enjoy a modern kitchen equipped with full-sized appliances and a breakfast bar, ideal for casual meals or entertaining. New carpeting has been recently installed, giving the unit a fresh, updated feel. One underground parking space is included for added convenience. Residents have access to a full suite of amenities, including a 24-hour concierge, fully equipped gym, indoor pool, sauna, party room, cinema, basketball court, spa, roof garden, and visitor parking. Located just steps from the Financial and Entertainment Districts, Kensington Market, King Street, Harbourfront, and Union Station, this unit offers unbeatable walkability and access to TTC, shopping, dining, and more. Don't miss this opportunity to live in one of the most vibrant and well-connected communities in the city.

Read

New property listed in Toronto C01

I have listed a new property at 645 5 Hanna Avenue in Toronto. See details here

Experience stylish loft living in this bright and spacious 2-storey, 2-bedroom, 2-bathroom suite located in the heart of vibrant Liberty Village. This thoughtfully designed home features soaring 17-foot ceilings in the living area, creating a dramatic and airy atmosphere with floor-to-ceiling windows and open west-facing views. The modern kitchen is equipped with sleek cabinetry and full-sized appliances, ideal for everyday living or hosting. The upper-level primary bedroom includes a private ensuite with a double vanity, while the second bedroom offers flexibility for guests, roommates, or a home office. Enjoy natural light throughout the unit and a functional layout that blends comfort with contemporary design. Live steps away from some of the city's best dining, cafes, fitness studios, and everyday essentials, all within a walkable community. TTC, GO Transit, and waterfront trails are also close by, making this the perfect home for those seeking convenience, character, and urban lifestyle. * The furniture can be included and the unit will be professionally cleaned prior to occupancy. Parking and locker included!

Read

Rental Market Trends at 30 Baseball Place in Riverside Square

Located in the heart of Riverside Square, 30 Baseball Place has quickly become one of Toronto’s most in-demand rental addresses. With its contemporary design, unbeatable location, and lifestyle-oriented amenities, it attracts renters seeking the ideal balance between work, leisure, and convenience.

As the city’s east end continues to grow, let’s break down what’s driving leasing activity at 30 Baseball Place — and why it’s such a standout for both tenants and investors.

1. Location Drives Demand

  • Prime East End address: Steps from Queen Street East’s cafés, restaurants, and boutiques.

  • Transit access: A short walk to the Queen Street streetcar, connecting residents directly to downtown Toronto.

  • Easy commutes: Quick access to the Don Valley Parkway and Gardiner Expressway makes driving to work effortless.

  • Neighbourhood appeal: Riverside and nearby Leslieville are known for their vibrant, community-driven atmosphere — perfect for professionals and creatives.

This mix of connectivity and neighbourhood charm keeps 30 Baseball Place consistently high on renters’ lists.

2. Competitive Rental Rates and Value

In a city where rents continue to climb, 30 Baseball Place offers strong value for money:

  • One-bedroom units: Typically range from $2,400 to $2,800/month.

  • Two-bedroom units: Average around $3,000 to $3,400/month, depending on layout and view.

  • Loft-style suites: Attract professionals who want open layouts with modern finishes.

Renters appreciate that 30 Baseball Place offers downtown-style living without downtown pricing — one of its biggest competitive advantages.

3. Amenities That Attract Long-Term Tenants

30 Baseball Place offers the same level of amenities found in Toronto’s luxury towers, including:

  • Rooftop pool and sun deck overlooking the city skyline

  • Fitness centre and yoga studio

  • Concierge and secure building access

  • Co-working lounge, social rooms, and party space

  • Underground parking and visitor parking options

These amenities not only enhance resident satisfaction but also help reduce turnover rates — a major plus for investors.

4. Rental Trends and Market Insights

The demand for condos in Riverside Square continues to rise as renters seek newer, lifestyle-focused developments outside the downtown core.

  • Occupancy rates in the area remain above 95%, indicating steady demand.

  • The East End rental market is growing, driven by professionals who want proximity to downtown without the congestion.

  • Many tenants renew leases due to the walkability and convenience of the neighbourhood.

For investors, these numbers reflect strong rent stability and low vacancy risks — ideal for long-term returns.

5. How to Register or Find Available Rentals

Looking to rent or lease at 30 Baseball Place?
You can visit Riverside Square Page to explore listings, register for availability updates, and receive exclusive pre-leasing offers.


Final Summary

30 Baseball Place represents the best of east-end Toronto living — combining accessibility, modern design, and high-value rental opportunities. Whether you’re a tenant searching for a vibrant community or an investor analyzing market potential, the leasing trends here show one clear message: Riverside Square is built for long-term growth.

Frequently Asked Questions

1. What is the average rent at 30 Baseball Place?
One-bedroom units range from $2,400–$2,800 per month, while two-bedroom suites average around $3,000–$3,400, depending on layout and features.

2. Is 30 Baseball Place pet-friendly?
Yes, many units are pet-friendly, though policies and fees can vary by landlord.

3. What amenities do renters get at 30 Baseball Place?
Residents have access to a rooftop pool, gym, yoga studio, party room, co-working space, and 24-hour concierge service.

4. Are short-term or furnished rentals available?
Some landlords offer furnished or corporate lease options, especially for professionals working downtown.

5. How can I find available units for lease?
You can register and view listings directly through the Riverside Square portal to get first access to available rentals.


Read

What Buyers Should Expect in the Next 12 Months

With the Toronto real estate market shifting subtly, staying ahead matters more than ever. Whether you're a first-time buyer or thinking of upgrading, knowing what to expect in the coming year can help you navigate smartly—avoid surprises, seize opportunities, and move forward with confidence.

1. Prices & Sales Are Easing… But Signs of Stabilization Are Emerging

  • As of August 2025, home sales in the GTA dipped 1.8% month-over-month, and the benchmark price edged slightly lower to around C$978,100—continuing a trend of flat or declining prices since late 2024. Annual decline sits at about 5.2%.

  • Current market conditions lean toward buyers, driven by elevated inventory and modest affordability improvements.

2. Condos Continue to See Deeper Corrections

  • The Toronto condo market is undergoing a reset: TD Economics forecasts total price drops of 15–20% from the late 2023 highs, with further declines anticipated into late 2025.

  • July 2025 data shows average condo prices in the GTA falling 9.3% year-over-year, reaching a four-year low around C$651,000.

3. Buyers Getting Encouraged—But Recovery Is Moderate

  • While the market isn’t roaring back yet, RBC projects a 7.9% rebound in home resales for 2026—though activity levels will still lag pre-pandemic averages.

  • Economic headwinds—like affordability and tight labour markets—are expected to limit rapid shifts.

4. Government Planning for Long-Term Supply Gaps

  • Canada needs around 3.5 million additional homes by 2030 to return to affordability, translating to about 430,000–480,000 units per year—double the current pace.

  • Meanwhile, the overall Canadian residential real estate market—driven by rising demand, especially in rentals—remains on a growth trajectory, projected to expand at a ~5% compound annual growth rate through 2030.

Final Summary

Over the next 12 months, expect:

  • Continued modest corrections in GTA home prices—with further stability ahead.

  • A deeper downturn in condos, but signs of leveling out by 2026.

  • A moderate recovery in resale activity, hampered by ongoing affordability challenges.

  • Long-term supply initiatives aimed at closing the affordability gap—though results will take time.

If you're entering the market soon, your strategy should be measured, local-data-informed, and ready for gradual change—not a sprint.

Frequently Asked Questions

Are condo prices dropping in Toronto?
Yes—recent data shows average condo prices have dropped approximately 9% year-over-year, with expert forecasts projecting total declines of 15–20% from 2023 highs.

What is the housing market forecast for GTA in 2025?
The market is seeing slight price declines of ~5% and sluggish sales activity. Analysts expect home resale to rebound modestly in 2026, but at levels still below pre-pandemic norms.

Is it a good time to buy a house in Toronto?
Affordability is improving slightly—thanks to price softening and inventory growth—but challenges remain. It’s a cautious “maybe”—especially for buyers with strong financing and flexibility.

Will the Toronto condo market recover in 2026?
Experts expect improvement starting in 2026 after continuing declines through 2025, particularly as the investor market resets and affordability stabilizes.

What is the housing market prediction for Canada in 2030?
The Canadian residential real estate market is projected to grow at a ~5% annual rate, driven by demand for rental properties and population growth—though affordability remains under pressure.


Read

I have sold a property at 1105 33 Bay Street in Toronto

I have sold a property at 1105 33 Bay Street in Toronto on Oct 22, 2025. See details here

Welcome to Pinnacle Centre, where downtown convenience meets modern comfort. This well-designed 1-bedroom plus den suite features an open-concept living space with large windows that bring in plenty of natural light. The modern kitchen is equipped with stainless steel appliances, granite countertops, and ample storage, making it both stylish and functional. The building offers a wide range of premium amenities, including a rooftop terrace, a 70-foot indoor pool, two fully equipped gyms, a tennis court, a billiards lounge, two party rooms, a theatre, a running track, a putting green, meeting rooms, and more. Ideally located just steps from Toronto's waterfront, Union Station, the TTC, St. Lawrence Market, Scotiabank Arena, the Financial District, and countless shops, restaurants, and entertainment options. This is your chance to enjoy comfortable city living in one of downtown's most connected communities.

Read

I have sold a property at 1108 2A Church Street in Toronto

I have sold a property at 1108 2A Church Street in Toronto on Oct 22, 2025. See details here

This luxury one-bedroom plus den suite offers a sophisticated urban living experience in the heart of downtown Toronto. Featuring high-quality finishes and a thoughtfully designed open-concept layout, the space is both functional and stylish. The modern kitchen is equipped with stainless steel appliances, sleek cabinetry, and ample counter space, making it ideal for everyday living and entertaining. Expansive windows allow for plenty of natural light, complementing the clean, contemporary design. The versatile den provides the perfect space for a home office or guest area, while the spacious bedroom serves as a quiet retreat with a generous closet. Residents of the building enjoy access to premium amenities, including an outdoor pool, multi-level fitness centre, party room, and 24-hour security. Located just minutes from Union Station, TTC, the DVP and Gardiner Expressway, St. Lawrence Market, Harbourfront, and some of the city's best restaurants and entertainment options, this suite offers comfort, convenience, and lifestyle in one of Toronto's most vibrant neighbourhoods.

Read
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.