Strong sales results from Baker Real Estate’s savvy, virtual launch of 28 Eastern are widely viewed as a positive indicator for Toronto’s condo market. This was the first a new, downtown development to come to market since the COVID-19 pandemic and buyer demand far outstripped the number of available units for sale. Not only that, it was the first entirely virtual launch of such a major new project!
We’ve documented the demand that’s propelling the luxury residential and secondary home market in Ontario. Every sign suggests the same dynamic is in place for condos.