We're seeing an interesting trend emerge in Toronto's presale condo market: buyers are choosing to combine smaller units to create more personalized, spacious homes. In my experience working across the GTA, this shift reflects a move away from investor-driven projects toward developments that genuinely cater to end users.
Take, for example, a boutique building near Yorkville and the Annex—about 40% sold, with many purchasers merging suites into custom residences averaging around $3M before upgrades. Meanwhile, a north Toronto project responded to demand by reducing the number of planned units to about 500, offering more generous layouts—think two- and even three-bedroom homes. This approach speaks directly to downsizers and those seeking luxury or simply a higher quality of everyday living, even if it means a slower sales cycle compared to previous booms.
It's worth noting: one of these projects is advancing with its own capital despite modest presales, while the other is planning construction for 2027 once financing targets are met. As someone who prioritizes maximizing clients’ net results—whether through strategic pricing, renovation guidance, or negotiation—I've seen firsthand how thoughtful design and livability can drive value in a changing market.
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