Be it a global pandemic or anything, the Toronto real estate market is still active for homebuyers. The real estate market of Toronto offers exclusive condo suites, luxury estates, homes, and much more. While the sales and new listings were down across the world, Toronto makes a way through the activity in the luxury market by presenting lucrative spaces throughout the city.
In May 2020, the real estate market of Toronto has been participating actively by selling the most expensive condos. Showcasing the best, the city offers luxurious condos at affluent locations with conveniences at its best. It is interesting to note that listing prices of these properties dropped while on the market, the condos still range between $1.77 and $3.95 million.
While you make your way to the real estate market, we have compiled some of the most expensive condos sold during the month of May. All the listed condos are based on price per square foot. This will surely give you an idea about the market pricing and offerings.
1. Ph1404 – 29 Queens Quay East: Sold for $3.95 million (initially listed for $4.65 million)
Ph1404 – 29 Queens Quay East is the epitome of urban chic, with a magnificent four-bedroom unit defining the new level of luxury living. With over 4000 sq. ft of living space, the suites come with incomparable amenities. Initially listed for $4.65 million while pandemic hit us, this luxurious penthouse finally made its way out at $3.95 million.This suite brings enough in regard to space as well as the spectacular views of the city, water, and sky. With over two parking spots, the floorplan offers two balconies, two double-sided gas fireplaces, a fully upgraded kitchen, and so much more. All this maximizes space along with integrating form, function, and designs.

2. 3401 – 50 Yorkville Avenue: Sold for $3.9 million (initially listed for $3.89 million)
The remarkable 3401 – 50 Yorkville Avenue in the sky brings a simply breathtaking view of the lake and city. With floor to ceiling windows, this two-bedroom unit brings a pretty spectacular residence. Initially listed for $3.89 million, and the listing went up despite pandemic. As a result, this sumptuous two-bedroom suite made its way out at $3.9 million.With over 1800 sq. ft of living space, the suite is located in the prestigious neighbourhood of Toronto, Yorkville. The suite offers a luxury living with its own private terrace, marble and hardwood flooring, private elevator, and much more. Keeping up the life of urban-chic families, The Four Seasons Residence offers housekeeping and in-suite dining at your convenience.

3. 441 – 43 Hanna Avenue: Sold for $2.3 million (initially listed for $2.5 million)
The epitome of millennials, 441 – 43 Hanna Avenue, is home to young professionals. The mix of authentic soft-lofts and hard-lofts on the highest floors, this marvellous three-floor penthouse loft is truly inspiring.With over 2800 sq. ft of living area, the three-bedroom suite is located near the corner of East Liberty Street and Hannah Avenue. This loft offers a complete set with nearly 20-foot ceilings, a spacious kitchen, a rooftop terrace with an outdoor shower, and plenty of space for entertaining guests. Initially listed for $2.5 million and the listing went down. As a result, this magnificent three-floor penthouse loft made its way out at $2.3 million.

4. 2802 – 183 Wellington Street West: Sold for $2.15 million (initially listed for $2.18)
2802 – 183 Wellington Street West brings a spacious penthouse in the covetable Ritz Carlton. This one-bedroom suite provides a luxurious life located on Wellington Street West across from Roy Thomson Hall. Initially listed for $2.18 million, the listing went down. As a result, this chivalric one-bedroom penthouse made its way out at $2.15 million.With over 1500 sq. ft of spacious living space, this provides a complete package with a gas fireplace, hardwood floors, floor to ceiling windows and 10-foot ceilings. A place with almost everything you could ask for with an unobstructed view of the city skyline.

2102 – 30 Wellington Street East: Sold for $1.77 million (initially listed for $1.85 million)
An unbelievable space bringing everything you could ask for, 2102 – 30 Wellington Street East is a two-plus a one-bedroom spacious penthouse. The penthouse offers south and east-facing views facing Lake Ontario, the St. Lawrence Market, and the Berczy Park fountain. Initially listed for $1.85 million, the listing went down. As a result, this chivalric two-plus one-bedroom penthouse made its way out at $1.77 million.
With over 1900 sq. ft of spacious living space, it offers a fully renovated suite having two large bedrooms with custom closets, a stunning kitchen, a grand living room with a fireplace, and a library.
With many more condos of the same kind, Toronto’s real estate market brings the epitome of urban living. With keeping up the urban-chic style, the market offers the best for seeking buyers. If you are a buyer seeking the best and luxurious condos in Toronto, then you can expect a set of fully modern, chic, luxurious, and spacious offers waiting for you.
If you have your eye on a new high-end condo in the town, use our interactive map to browse the latest resale luxury listings.