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March 9th, 2010 
JOY PATERSON,
Sales Representative

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Toronto's Luxury Condos are actually quite affordable when comparing them to condo prices around the world.

Luxury condos in Toronto range on average from approx $850 to $1500 per square foot. Other cities such as London and New York run from $3,600 to $8,400 and $2,100 to $6,000 respectively. Singapore's "The Marq" sold a condo unit for $31 million which works out to about $5000 per sq foot. London's One Hyde Park penthouse units are available for a cool $176 Million. (The Price of Luxury in Toronto, National Post, April 25th, 2008).

Building

Location

Approx Price/sq ft

Developer

Four Season Private Residences

Yorkville

$1580

Menkes and Lifetime

Trump International

Bay & Adelaide

$1137

Talon International Developments Corp

Residences at The Ritz Carlton

Wellington & Simcoe

$989

Ritz Carlton Hotel Co/ Graywood Developments

One King West

Yonge and King

$872

Stinson Realty Corp

The Uptown Residences

Yorkville

$686

Pemberton Group

L Tower

Yonge and Front

$531

Fernbrook/ Citizen / Castlepoint

*PPSF based on unsold units currently for sale. Source: Realnet Canada and project site info.

Building

Location

Approx Price/sq ft

Wymara

Grace Bay Beach, Turks and Caicos

$5166

Knightsbridge

London

$3500

One Hyde Park

London

$2200

The Marq

Singapore

$1817

Burj Dubai

Dubai

$1450

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