Hi everyone, Yael Bunting here. I’m stepping in this month for Cassandra, who’s enjoying a much-deserved vacation. She’s usually our go-to for all things Entertainment District, but I’ve got you covered with the latest numbers from June 2025.
So, what’s really going on in one of Toronto’s busiest and most vibrant downtown neighbourhoods? Let’s break down the data and what it could mean for buyers, sellers, and investors alike.
One-Bedroom Condos Show Signs of Rebound
In June, the average sale price for a one-bedroom condo in the Entertainment District rose to $583,754, marking a 4% increase from May. That’s a welcome bounce after a slower spring.
But zooming out to look at the year-over-year data, prices are still down 6.7% from June 2024. This suggests the one-bedroom segment is still finding its footing, which could actually be great news for first-time buyers or investors who’ve been waiting for a chance to jump into the market.
Two-Bedroom Prices Dip Slightly… But Context Matters
The average sale price for a two-bedroom unit came in at $880,500, a 2.8% drop from May. While that might sound like a setback, it’s important to remember that May’s numbers were unusually high.
Even with the month-over-month dip, June’s average still stands as one of the highest two-bedroom prices we’ve seen since October 2024. And when compared to June of last year, we’re actually up 0.9%. A subtle but noteworthy increase that suggests more stability in this segment.
A Bigger Picture: Market Recovery and Economic Shifts
So what do these numbers tell us overall? There are early signs of price recovery across both one-bedroom and two-bedroom condos.
Beyond the real estate stats, broader economic trends are starting to play a bigger role in market confidence. Inflation is cooling, and there’s growing speculation that the Bank of Canada may lower interest rates again in its next announcement. If that happens, we could see a renewed surge in buyer activity, especially in high-demand urban markets like the Entertainment District.
Is It the Right Time to Buy or Sell?
With prices adjusting, and economic conditions in flux, this is a market where timing can make all the difference.
If you’re thinking of making a move, whether it’s buying your first condo, selling your current one, or making a strategic investment, I’d be happy to walk you through how these trends might affect your plans.
And don’t worry, Cassandra will be back next month with her usual insights from the heart of the Entertainment District.
Ready to Talk Real Estate?
If you have any questions or want to explore your options, I’m just a message away. Let’s connect and look at how the current market lines up with your goals.
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