Best Performing Neighbourhoods in Toronto Area in 2021 for Condos

Condo buyers were pulled eastward in the search for affordability.

Durham Region had the hottest condo market in the Greater Toronto Area, a trend that was largely driven by buyers looking for more affordable options.

(See our list of Best Performing Neighbourhoods for Houses in 2021 here)

Watch my video above for full details on our top ten best performing neighbourhoods for condos. 

Below are the top 10 neighbourhoods with the highest appreciation in median house prices in 2021.  

Neighbourhood

Municipality

2020

2021

% Change

Samac

Oshawa

$ 220,000

$ 410,000

86%

Ionview

Toronto

$ 392,500

$ 635,000

62%

Vanier

Oshawa

$ 400,000

$ 585,500

46%

Lynde Creek

Whitby

$ 458,500

$ 650,000

42%

Downtown Whitby

Whitby

$ 437,000

$ 605,000

38%

Hoggs Hollow

Toronto

$1,088,000

$1,497,500

38%

South West

Ajax

$ 438,500

$ 600,000

37%

Central West

Ajax

$ 415,000

$ 565,500

36%

Eastdale

Oshawa

$ 420,000

$ 571,000

36%

Old Markham Village

Markham

$ 592,950

$ 800,000

35%


Read our full monthly Move Smartly market report for January 2022 here 

John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors.

A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).

Follow John on Twitter @johnpasalis

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