'Bloodbath for sellers': Tales from the frontlines of Toronto's condopocalypse

Toronto's condo market is experiencing an extended correction spanning four years, with owners, investors, and developers suffering significant financial losses. The market downturn shows no signs of bottoming out, marking what may be one of the longest condo corrections on record in Canada.

Renovations fail to lift North York condo above 2024 purchase price

A two-bedroom condo in North York that was purchased for $2.1 million in 2024 sold for $2.08 million in April 2025, despite renovations being completed. The property failed to appreciate in value and actually declined slightly, suggesting that improvements were insufficient to overcome current market conditions.

Investor pares back asking price on St. Lawrence Market condo

An investor selling a condo unit in the 44-year-old St. Lawrence Market building in Toronto has gradually reduced the asking price by $25,000 increments. The price reductions suggest softer market conditions in this established downtown Toronto neighbourhood.