As we enter the second half of 2025, Toronto’s luxury condominium market is showing remarkable resilience and renewed energy. While the broader housing market remains complex, demand for high-end real estate in downtown Toronto—particularly suites over 2,000 sq.ft.—is heating up.
Here’s a closer look at the key trends shaping the city’s most exclusive condo addresses:
1. Limited Supply of Large Luxury Suites - Demand continues to exceed supply for spacious, upscale condos in Toronto. Suites over 2,000 sq.ft. in buildings like the Four Seasons Private Residences, Shangri-La Toronto, The St. Regis, and The Ritz Carlton Residences are becoming increasingly rare. These units offer discerning buyers the scale of a home with the convenience of a full-service building—making them a coveted alternative to detached houses.
2. Resale Properties Outpacing Pre-Construction - With rising construction costs and long wait times, luxury buyers are turning to resale units that offer immediate occupancy and refined finishes. Renovated resale suites—particularly those with designer kitchens, custom millwork, and premium appliances—are commanding strong attention and multiple offers.
3. Luxury Amenities Set the Standard - Today’s buyers are not just shopping for square footage—they’re looking for an elevated lifestyle. Suites with access to five-star amenities—like 24-hour concierge, valet parking, fitness clubs, private wine cellars, spa services, and even dog spas—are becoming the baseline for what defines a luxury residence in Toronto. Properties that offer these elevated conveniences are not only commanding a premium, but also selling faster.
4. International Buyers Are Returning - Toronto is regaining its status as a global destination for real estate investment. With the Canadian dollar remaining favourable to U.S. and overseas buyers—and visa restrictions easing—international interest is rebounding, particularly for trophy suites in buildings with brand recognition. Condos at the Four Seasons, Shangri-La, The Ritz Carlton and The St. Regis offer the level of prestige and service that global buyers expect, along with security, location, and exclusivity.
5. Yorkville and the Financial District Remain Hotspots - While luxury developments continue to rise across the city, the historic appeal of Yorkville condos and the prestige of University Avenue, Bay Street, and the Financial District continue to attract sophisticated buyers. Proximity to fine dining, designer boutiques, cultural institutions, and top-tier hotels is a key driver for those looking to combine lifestyle and investment.
6. Price Resilience at the Top End - Despite broader market fluctuations, prices for luxury suites over 2,000 sq.ft. have remained impressively stable. With fewer units of this size in circulation and increasing demand from both domestic and international buyers, this segment has shown remarkable staying power. Turnkey, well-maintained suites with premium finishes and views continue to perform exceptionally well.
What This Means for Buyers and Sellers in 2025
Whether you're considering listing a luxury suite or seeking a high-end residence in the heart of the city, it’s essential to work with a team that understands the nuance of Toronto's luxury condo market. With tight inventory, rising buyer expectations, and an evolving urban skyline, real-time expertise and access to off-market opportunities are key.
Thinking of making a move?
We specialize in the finest condominium residences across Toronto, including the Four Seasons, Shangri-La, St. Regis, , The Ritz Carlton Residences, and Yorkville's boutique buildings. If you're ready to explore what's next—or want a confidential valuation of your suite—contact us today.
