New Condos North York

A condo in North York typically sells for about $571,500, as of October 2025.

They often feature a variety of amenities for modern lifestyles, including fitness facilities, concierge services, and security features. Building amenities may include rooftop terraces, party rooms, game rooms, and outdoor spaces. Luxury amenities can consist of indoor pools, screening rooms, business centers, and pet-friendly spaces. Additional considerations include guest suites, parking availability, and locker rentals.

North York is an attractive place to purchase a new condo in 2025, due to its strong real estate market with significant price appreciation, diverse housing options including luxury high-rises and low-rise buildings with modern amenities, excellent connectivity to major highways and public transit, vibrant neighbourhoods with unique characters, proximity to essential amenities such as hospitals, schools, and shopping malls, and a diverse economy with major employers in various fields.

As of October 2025, North York’s condo rental market favors tenants. New supply keeps vacancies moderate and rents slightly lower, while demand from professionals, families, and newcomers remains steady.

North York is well-connected with the Toronto Transit Commission (TTC) offering a comprehensive public transportation system. The key subway line, Line 1 Yonge-University, runs north-south through the core of North York with stations like Yorkdale, Sheppard West, and Finch providing easy access to other parts of Toronto. Additionally, an extensive bus network connects various neighbourhoods to subway stations and shopping centers. Streetcars also operate along some major roads in North York, and the TTC offers WheelTrans, a specialized accessible paratransit service for those with disabilities. North York’s transportation network provides convenient access to major highways such as the 401, 407, and Don Valley Parkway, making car travel efficient and straightforward.

Here are some of the best neighbourhoods for new North York condos for sale:

• Downsview: Once an industrial area, Downsview is undergoing a major transformation. New condo developments are popping up alongside parks, a vibrant local brewery scene, and a future GO Train station, offering excellent transit options.
• Bayview Village: Known for its upscale shops and restaurants, Bayview Village also boasts some luxury new builds in North York. This area is ideal for those seeking a sophisticated urban lifestyle with high-end amenities.
• Willowdale: A popular and established neighbourhood, Willowdale offers a variety of new condo developments catering to different budgets. You’ll find excellent schools, green spaces, and easy access to highways and public transportation.
• Yorkville: While on the pricier side, Yorkville offers luxurious new developments with high-end amenities and a prestigious address. This area is ideal for those seeking an exclusive urban lifestyle close to top restaurants and shops.

North York has a variety of educational options including private, elementary, high, and language schools. Notable institutions include private schools in neighbourhoods like Willowdale and Bayview Village, highly-rated elementary schools like Westside Montessori and Bayview Glen, Rutherford School’s Toronto Campus for high school and adult education, and language schools like Upper Madison College.

The economic outlook for North York in 2025 appears favorable, with anticipated growth in GDP, a recovering housing market, and continued job creation. However, addressing external risks and ensuring sustainable development will be crucial for maintaining this positive trajectory.

North York’s 2025 development plans focus on housing, infrastructure, and community enhancement. Infrastructure initiatives include the Transform Yonge project to enhance Yonge Street and the Bathurst-North York Complete Streets initiative for improved accessibility. Additionally, the North York Civic Centre Strategic Plan aims to create a vibrant community hub.

To stay informed about new condo developments in North York, sign up for our newsletters and register for updates from our developer pages. Platinum Condo Deals also offers regular updates and exclusive access to new listings.

The down payment for a condo in North York is based on the cost of the property. If the condo is priced below $500,000, a down payment of 5% is needed. For condos with a price range of $500,000 to $1 million, the down payment is calculated as 5% of the first $500,000 and 10% of the rest. For condos that are priced over $1 million, the minimum down payment required is 20%.

As of October 2025, North York condos are in a buyer’s market, with prices down 4–6% year-over-year due to high inventory and reduced investor activity. Over the past five years, however, they’ve grown steadily 3–5% annually, supported by transit expansions, suburban demand, and population growth, slightly below Toronto’s long-term condo average of 4–6%.

Yes, condos are selling in North York, but it’s a buyer’s market. Prices have softened, and homes take longer to sell, giving buyers more negotiating power. Opportunities exist for those ready to act.

As of October 2025, selling a condo in North York may not be ideal due to a buyer’s market characterized by declining prices and increased inventory. However, if you must sell, consider pricing your condo competitively and be prepared for negotiations.

The combination of strong demand, rising property values, convenient location, economic growth, and diverse population has driven new condo prices to high levels in North York.