These two-bedroom condos in Toronto are on the market for under $600K

Jan 27 2021, 8:30 am

It looks like now might be the time to invest in a two-bedroom apartment, as prices have dropped substantially in the GTA during the COVID-19 pandemic.

According to Strata, prices have dropped by $60,000 on average over the last year.

“The 2-bedroom market has been hit particularly hard during the pandemic — down $60,000 on average over the past year. That’s because buying power is declining and pushing a lot of homebuyers into lower price points,” Robert Van Rhijn, a broker at Strata.ca, said in a statement to Daily Hive.

“You can now find some decent 2 bedroom options under $600,000 in the downtown core. That just wasn’t possible a year ago.”

Now, two-bedroom apartments are at a lower price than normal, with listings under $600,000 for sale in and around Toronto. Here are nine of the listings compiled by Strata.

1. 36 Lisgar Street – $479,000

Strata

  • 2 Bedroom
  • 1 Bathroom
  • 610 sq ft

2. 36 Lisgar Street – $549,000

Strata

  • 2 Bedroom
  • 2 Bathroom
  • 578 sq ft

3. 36 Lisgar Street – $579,000

Strata

  • 2 Bedroom
  • 2 Bathroom
  • 600 – 699 sq ft

4. 15 Abell Street – $595,000

Strata

  • 2 Bedroom
  • 1 Bathroom
  • 620  sq ft

5. 38 Joe Shuster Way – $595,000

Strata

  • 2 Bedroom
  • 2 Bathroom
  • 752  sq ft

6. 435 Richmond Street West – $599,000

Strata

  • 2 Bedroom
  • 2 Bathroom
  • 600 – 699  sq ft

7. 170 Fort York Boulevard – $599,000 

Strata

  • 2 Bedroom
  • 1 Bathroom
  • 700 – 799  sq ft

8. 77 Maitland Place – $599,900

Strata

  • 2 Bedroom
  • 2 Bathroom
  • 850  sq ft

9. 30 Hayden Street – $599,900

Strata

  • 2 Bedroom
  • 1 Bathroom
  • 655  sq ft

This list is accurate as of January 27, 2021. 

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