Embarking on the home buying process, especially for the first time, is a very exciting milestone! And for many first-time homebuyers a condo is the perfect first purchase – both in terms of price-point, and in terms of easing into the costs and responsibilities of home ownership.

As a Realtor and proud resident of Toronto’s Yonge & Eglinton neighbourhood, I know condos. I specialize in guiding first-time homebuyers, and many of my clients achieve their home ownership goals with the purchase of a Yonge and Eglinton condo.

Using my skill as a real estate broker, and my years as a local condo dweller, I’ve compiled all the knowledge and experience to help my clients successfully purchase a condo in this neighbourhood that meets everything that they are looking for and leaves no piece of information unknown. I know every building, every street, and all the nuances of the neighbourhood – which provides my clients with the confidence that the condo they end up purchasing is the absolute best bang for their buck at Yonge and Eglinton.

Ready to learn more about the specifics of Yonge and Eglinton and your options for buying a condo within it? Let’s dive in!

Jump to Section

1. Yonge & Eglinton: The Basics
2. Condo Living at Yonge & Eglinton
3. The Condo Buying Process
4. Ready to Start Your Search?

Yonge and Eglinton: The Basics

Where is Yonge and Eglinton?

Yonge and Eglinton is essentially located in the physical center of Toronto. It’s a hyper-localized neighbourhood within the broader area known as Midtown Toronto. For some people, midtown is synonymous with Yonge and Eglinton.

Depending on where you are within the intersection, you’re either in Ward 8 (Eglinton–Lawrence), which covers the northwest quadrant, or Ward 12 (Toronto–St. Paul’s), which includes the remaining three quadrants. The ward you are in determines who your local City Councillor is, and that is who represents your neighbourhood at City Hall. They play a key role in decisions around development, transit, and community planning that directly impact the area.

Transit Accessibility

Yonge and Eglinton is a commuters dream, and the accessibility of transit is one of the main benefits of living in this neighbourhood.

The intersection is home to Eglinton Subway Station which is on Line 1 of the TTC (the yellow line). This provides easy access to either downtown or uptown. And if you’re interested in going east or west, the intersection is also home to Eglinton Station along the Eglinton LRT (Line 5) which opened in early 2026.

By the way, do ya’ll find it funny that they called it “Eglinton” station when the whole line runs along that street? Because I sure do! They should have called it “Yonge Station”, but I digress.

There are also plenty of TTC above ground bus routes that will transport you in and out of the neighbourhood in all directions.

Why Is Yonge and Eglinton So Popular?

Now this is a hard section to summarize.

There are so many reasons why Yonge and Eglinton is popular. In an attempt to keep this entire guide a reasonable length, I’ll provide a brief summary via bulleted list:

• Every home type exists – condo, townhome, semi-detached and detached houses.
• Great schools with wonderful parent communities
• Amazing transit accessibility
• Plenty of tree-lined streets and green spaces for people and pets of all ages to enjoy
• Popular restaurants, retailers, and multiple major grocery stores within walking distance
• All of your specialty services are within arms reach – doctors, dentists, hair stylists, nail salons, fitness centres, spas, etc.
• Diverse demographic – age, ethnicity, religion. Everyone fits in and everyone belongs.
• Safety – with Toronto Fire Station 134 and Toronto Police Division 53 engrained in the neighbourhood, there is a visible presence of emergency services.

Yonge and Eglinton strikes a rare balance. It’s a vibrant urban hub with everything at your fingertips, while still feeling tight knit, community oriented, and genuinely homey.

I’ve created a post for each condo building at Yonge and Eglinton. Each one covers the building’s location, age, amenities, utility responsibilities, pet rules, and more. The videos are especially helpful if you want to see what the lobbies, amenities, and suites actually look like.

You can see the full list of Yonge and Eglinton condo profiles here:

To dive deeper on what it’s like to live at Yonge and Eglinton, this video is a great watch:

Condo Living at Yonge and Eglinton

If I were to ask you to think about Yonge and Eglinton, what would you picture? For many, condo buildings will be at the forefront of their mind. Because yes, there are plenty of condo buildings at Yonge and Eglinton and they are all located within a pretty tight radius.

That said, it’s important to note that not every building you see at Yonge and Eglinton is a condominium. The area also has many purpose built rentals, traditionally known as apartment buildings. I won’t go into detail on those in this guide, but it’s worth understanding that they make up roughly half of the buildings here, so not everything you see is available for purchase. Your Realtor will be able to guide you on which buildings are condos and which are not.

What Types of Condos Exist At Yonge and Eglinton

Age – The majority of condo buildings in the area were constructed after 2000, with most of the development happening since 2015. With that said, there are a few buildings from prior to 2000, including 70 Erskine Ave. which dates back to 1978.

Size – You’ll find a combination of boutique, mid-rise and high-rise buildings in the area. Boutique buildings have shorter waits for elevators and a more community feel, which high rises tend to have more amenities and naturally, greater views.

Amenities – There are buildings that have very few, if any, amenities, and others that feel like full on resorts with everything from two-level gyms to sports courts, to indoor and outdoor pools and games rooms. If amenities are important to you, your Realtor will help you zero in on the buildings with the most to offer.

Not All Yonge and Eglinton Condos Are Equa

When you are shopping for a condo, it’s important to be selective. There is a bigger picture beyond price, layout and view.

When I work with condo buyers, we talk a lot about what they are looking for in the individual unit that they purchase, and we also review details about the buildings that house those units and what they offer.

Details I make sure to discuss with every client include:

• What features inside the unit are important to them, and whether or not they are okay with “condo size” appliances, or if standard size are a must have
• How well the building is run, and the finances are managed
• The quality of the build itself (unit finishes, common spaces, reputation of the builder)
• The monthly maintenance fees – and whether they are reasonable for the size of the unit, age of the building, and what they include
• Which building amenities are must haves and which are nice to haves.
• Details regarding pet rules and restrictions (if they have or want a pet)

Ready to start your condo-buying journey? Book a buyer’s consultation with me today!

What Does It Cost to Buy a Condo at Yonge and Eglinton?

The answer to this question is obviously dynamic and varies widely.

In 2025 condos at Yonge and Eglinton sold for the following amounts:

The numbers above are meant to provide a general sense of pricing. Beyond the number of bedrooms and whether there is a den, values can vary based on the number of bathrooms, parking included, the presence of a locker, and of course differences in square footage.

Key Things To Watch Out For In The Neighbourhood

High Investment Ratios – Many buyers ask about the ratio of tenants to owners within a building. Newer buildings (2015 and beyond) tend to have a higher percentage of investor-owned units, so it’s worth looking into if that matters to you. That said, Toronto is a renter-heavy city, and you won’t find many buildings with a low number of tenants.

Future Development – There are many active and potential redevelopment sites throughout the neighbourhood. Even if nothing is currently proposed, that can change quickly. If your view matters to you, it’s important to consider what could be built around you and buy accordingly. As a general rule, unless you’re facing a park or a cemetery, most sites in Toronto are fair game. With a clear understanding of the immediate surroundings, you can make a strategic and informed decision. Purchasing a condo in one of the fewer buildings on the west side of Yonge (especially if the unit faces west as well) is one of your safest bets in the neighbourhood.

Construction and Traffic – Yonge and Eglinton is busy. There is no sugar-coating that! There is a lot of construction, a high density of buildings, and tons of pedestrian and car traffic. There are some condo buildings in the neighbourhood that are a little more insulated and quiet than others, but speaking generally, if you’re looking for a quiet existence this likely isn’t the right neighbourhood for you.

Is Yonge and Eglinton A Good Place To Buy A Condo?

I’m clearly biased about this neighbourhood, however I do understand that it isn’t going to be the right fit for everyone!

It will be a great fit for you if:

• You want fantastic public transit options
• You like “hustle and bustle”
• You want to be able to run all of your errands on foot
• You like the energy of an urban area, but also need some green space in your life
• You want to be in a family-oriented neighbourhood with great public school options
• You want walkable access to amazing restaurants and retailers

It won’t be a great fit for you if:

• You’re sensitive to noise, or prefer a slower-pace
• You rely heavily on driving and want easy in-and-out access
• You want to buy in a condo building that has very few tenanted units
• You’re looking for larger, more traditional layouts with generous square footage (this can be found, but is limited)
• You want a high likelihood of long-term unobstructed views

The Condo Buying Process

We’ve reviewed the Yonge and Eglinton neighbourhood and the various condo buildings within it, and now it’s time to break down the condo buying process.

I’ve created a full condo buying guide and linked it below, so rather than repeating everything here, you can dive into that for a deeper understanding, or keep reading for a quick overview.

Understanding Condo Ownership

Before getting to the exciting step of buying a condo, it’s important to understand what condo ownership actually means. When you purchase a condo, you own your unit, but you also share ownership of the building’s common elements with the other owners.

That means that you own a slice of the building’s lobby, hallways, amenities, and the systems that keep the building running. And of course, ownership comes with costs, and that’s where your monthly maintenance fees come in. You’re also responsible for following the rules set out by the condo corporation.

Now that you understand what you’re actually buying, let’s review the steps to secure your purchase.

Step 1: Get Financially Prepared

The first step is understanding what you can comfortably afford.

This includes:

• Obtaining your mortgage pre-approval
• Understanding your down payment and deposit
• Budgeting for all purchase costs as well as your on-going monthly costs

Becoming educated and comfortable with the financials involved, sets the foundation for everything that follows and ensures you’re shopping within the right range.

Use our helpful calculators to get a better idea of your budget and financial requirements here:

Step 2: Build Your Team of Experts

It’s important to have a strong team of experts working with you when you buy a condo.

You’ll want:

• A Realtor to guide and educate you, help find the right opportunities, and negotiate on your behalf
• A mortgage professional to provide you with your pre-approval and secure your mortgage
• A real estate lawyer to review documents and handle the closing

Having the right team in place makes the entire process smoother and less stressful.

Step 3: Define Your Search Criteria

Before you start viewing properties, you’ll want to identify what features you’re ideally looking for in a condo.

This includes:

• Size and layout
• Must-haves vs nice-to-haves
• Building type and amenities

Understanding your priorities upfront helps guide your search.

Step 4: Start Your Search

Once you’re clear on your criteria, the search begins.

You’ll:

• View listings online
• Tour properties of interest
• Receive guidance from your Realtor on how to assess value

At this stage you’re learning how to evaluate buildings, layouts, and pricing within the market. You might also find that you begin to tweak what you’re looking for as you view units and learn what appeals to you and what doesn’t.

Step 5: Make an Offer

When you find the right condo, your Realtor will help you determine a competitive offer strategy and will educate you on the paperwork involved.

This includes:

• Reviewing comparable sales and determining in which ways the subject property is superior and inferior to those
• Deciding what you’re willing to pay for the property and what your starting offer will be
• Structuring clauses, conditions and other terms within the paperwork

It goes without saying that this is an important step, and it’s where strong guidance from your Realtor makes a big difference.

Step 6: Review the Status Certificate

One of the most important parts of buying a condo is reviewing the status certificate.

This document outlines:

• Details about the unit you’re buying including the legal description, if there is an owned or exclusive use parking spot or locker, and what the monthly maintenance fees are
• The building’s financial health and reserve fund status
• The rules, restrictions and by-laws pertaining to the unit and building
• Potential red flags such as special assessments or lawsuits

Your lawyer will review it in detail and communicate their findings with you before you firm up on the deal.

Step 7: Closing and Final Steps

Once conditions are fulfilled, you enter the contract-to-close stage of the process.

This includes:

• Finalizing your mortgage
• Completing buyer visits and your final walkthrough
• Organizing your move-in
• Signing closing documents with your lawyer

On closing day, ownership of the condo transfers to you and you get your keys. Congrats, you are officially a homeowner!

Ready to Start Your Search?

If the answer to that question is yes, I don’t blame you. There are so many reasons to love Yonge and Eglinton and to want to own a slice of it for yourself.

I may be biased, but I break down my reasons for loving the neighbourhood in the following video.

If you think this is the path for you, I’d love to be part of your condo buying journey! Get in touch with me today by filling out the form on this page, calling me at 416-909-9235, or emailing info@yaelandco.com.