Thanks for checking in for the latest look at what happened in the Yonge and Eglinton condo market this month. Below is a clear breakdown of the numbers and trends, and you can also watch the full video embedded on this page if that is your preferred method to consume information.
Why I Am Now Reporting Median Prices
Starting this month, I am using median prices instead of averages in all market updates. Most reports still quote average prices, but the median gives a clearer picture of what a typical buyer or seller is experiencing.
The median represents the midpoint of all sales. Half of the properties sold for more, and half sold for less. The average can be misleading because one or two unusually high or low sales can skew the number and make the market look more expensive or more affordable than it really is.
Using the median helps reflect the real experience of buyers and sellers at Yonge and Eglinton, and this will be the method I use moving forward.
One Bedroom Condo Prices
The median price for a one bedroom condo in October was $503,000.
- This is down 6.5% from September, when the median was $537,750
- It is 13.1% lower compared to October 2024, when the median was $578,500
Prices for smaller units continue to show softness both month-over-month and year-over-year.
Two Bedroom Condo Prices
The median price for a two bedroom condo came in at $750,000.
- This is up 0.7% from September’s $745,000
- It is down 2.7% from the $770,944 median in October 2024
Two bedrooms are holding their value more steadily than one bedroom units, but prices are still slightly below last year.
What Is Influencing Today’s Prices
Interest rates have now moved into a more manageable range, so borrowing costs are no longer the main reason buyers are hesitating.
Instead, broader economic concerns are weighing on people’s confidence. Trade tensions, global uncertainty, and the possibility of a recession are making buyers more cautious, even in neighbourhoods like Yonge and Eglinton that usually see steady demand.
This caution is creating gentle downward pressure on prices, even as the rate environment becomes more stable.
Final Thoughts
That wraps up the October 2025 Yonge and Eglinton condo market update. Prices continue to shift month to month, and buyer confidence is still tied to what is happening in the broader economy. I will be watching the November numbers closely to see whether this cautious trend continues.
If you want to talk about how these numbers relate to your goals as a buyer or seller, feel free to reach out any time.
