10/22/2026
📉 **Toronto’s Condo Market Is Changing. Is This a Buying Opportunity?**
Toronto’s condo market is seeing a major shift. Large investment groups are buying newly built condos in bulk at significant discounts, while thousands of completed units remain unsold.
According to Urbanation’s Q3 2026 report, published on October 19, 2026:
🔻 **40% average discount** on bulk purchases compared with original selling prices.
🏢 **339 condo units** purchased by investment groups in bulk during Q3, representing 45% of all new condo sales in the Greater Toronto and Hamilton Area.
💰 **$763 per sq. ft.** was the average price paid in these bulk transactions, compared with $1,045 per sq. ft. for other new condo sales.
📊 **5,127 completed condos** remained unsold at the end of September.
These figures show the pressure in the new condo market. However, bulk-investor discounts do not automatically apply to individual buyers. Each project, unit, and offer needs a closer look.
🏙️ **Explore Westmount Boutique Residences**
Located at Sheppard Avenue West in Toronto, Westmount Boutique Residences offers another option to consider when comparing condo opportunities in the current market.
View the project details and available information:
https://homeleaderrealty.com/properties/the-westmount-boutique-residences/
*Market data: Urbanation, Q3 2026 Condominium Market Survey.*