Toronto's micro condos are depreciating about twice as fast as the next bracket
Change in $/sqft, 2020 → 2025, by size bracket — Toronto vs. Vancouver
| City | Bracket (sqft) | 2020 ($/sqft) | 2025 ($/sqft) | Δ $ | Δ % |
|---|---|---|---|---|---|
| Toronto | Under 500 (sqft) | $1,193 | $1,048 | -$145 | −12.2% |
| Toronto | 500–700 (sqft) | $1,067 | $1,001 | -$66 | −6.2% |
| Toronto | 700–900 (sqft) | $1,013 | $1,025 | +$12 | +1.2% |
| Toronto | 900–1,200 (sqft) | $957 | $1,036 | +$79 | +8.3% |
| Toronto | 1,200+ (sqft) | $906 | $1,225 | +$319 | +35.2% |
| Vancouver | Under 500 (sqft) | $1,097 | $1,151 | +$54 | +4.9% |
| Vancouver | 500–700 (sqft) | $1,024 | $1,223 | +$199 | +19.4% |
| Vancouver | 700–900 (sqft) | $941 | $1,187 | +$246 | +26.1% |
| Vancouver | 900–1,200 (sqft) | $1,078 | $1,236 | +$158 | +14.7% |
| Vancouver | 1,200+ (sqft) | $1,310 | $1,451 | +$141 | +10.8% |