What Does $1 Million Get You for a New Condo in Downtown Toronto?

What Does $1 Million Get You for a New Condo in Downtown Toronto?

Luxury is not cheap but it is worth the investment for objects you use daily. When it comes to your home, nothing could be more clear. The Toronto housing market has had a steep increase in recent years and shows no signs of slowing down anytime soon. Thankfully, there are still some gorgeous options and amenities that you can get for the $1 million dollar mark. While they are not the sprawling properties of the past, some beautiful Toronto luxury condos are for sale that can be bought within budget. Spend your money where it counts and invest in a condo that you will call home for years to come. With plenty of new properties, flexible payment plans, and a competitive market, it is an exciting time to be a home buyer in the city.

Learn more about the wide range of properties that people can afford with a million dollar budget and check out the new condos for sale downtown at The Davies. Contact our team to find out more about our units and amenities or stop by to see the incredible neighbourhood surrounding our new, million dollar condos.

How Far Does $1 Million Go for Your New Condo in Toronto?

Here is a taste of what you can get for your money when shopping for a million dollar home in Toronto:

  • Neighbourhood: Million dollar properties can be found across the city, but you will pay for the neighbourhood. The Entertainment District, Waterfront, Liberty Village, and Leaside neighbourhoods all have their fair share of luxury units. If you want a slower pace and a combination of city life with the serenity of nature, consider heading slightly north of the core and checking out The Davies. Walking distance to food, nightlife, schools, and culture are crucial for enjoying the city beyond your gorgeous unit.
  • Views: If you want to be located near the water, prices increase for the sweeping and grand views. You will save on décor and enjoy a quieter atmosphere, depending on the location and distance from the Lakeshore. Sometimes near the lake, access to transit and other neighbourhood amenities can be lacking. Consider views as well as the orientation of your unit for bright mornings or enjoying the sunset.
  • Amenities: Condo developments range with their available amenities. Indoor pools, gyms, outdoor space, saunas, terraces, theatre rooms and party rooms are on offer for properties at this price point. Depending on what is available, you may be required to pay more expensive maintenance fees. Check with the building to learn about the exact costs and rules for use and availability of the amenities on site.
  • Size: The size of the condo you can get starting at 1 million dollars varies greatly based on the location. From one bedroom units with high-end finishes to three bedroom luxury spaces, you will have different options that can suit your family and lifestyle.

Couple using a digital tablet to search new condos in downtown Toronto

Explore Robertson Davies Park and the surrounding area of the new luxury condos for sale in Toronto at The Davies. Starting at one million dollars, you can get a gorgeous condo in an enviable neighbourhood that provides easy access to the best the city has to offer. Plus, you will still have the option to retreat to your own corner of Toronto. Enjoy comfort and style at our new condo development and make the most of your million dollars.

Call The Davies at 647-360-9588 today to set up a viewing of our luxury condominiums in downtown Toronto. Register online to learn more and see our variety of floorplans for new condos for sale.

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