{"id":494613,"date":"2026-02-23T18:37:07","date_gmt":"2026-02-23T18:37:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/494613\/"},"modified":"2026-02-23T18:37:07","modified_gmt":"2026-02-23T18:37:07","slug":"why-toronto-condo-prices-in-the-300000s-still-wont-kickstart-a-market-resurgence","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/494613\/","title":{"rendered":"Why Toronto condo prices in the $300,000s still won\u2019t kickstart a market resurgence"},"content":{"rendered":"<p>A surge in immigration and international student demand helped turn sub-500-square-foot condos into a hot commodity for investors who could pay down the mortgage with rental income and sell the property, often for a tidy profit, down the line.<\/p>\n<p>But while demand for those properties has evaporated, Tran said plenty of the condos hitting the market priced under $400,000 are of a better standard, particularly those in older buildings.<\/p>\n<p>\u201cYou can get a one-bedroom, 500-square-foot condo with a parking spot for the high three [hundreds] right now, and the quality is decent,\u201d he said.<\/p>\n<p>\u201cIt\u2019s not like some of the newer condo layouts where you can barely fit a dining table and couch into the main area. So it really depends on the building and the area.\u201d<\/p>\n<p>The outlook for those tinier units remains bleak: rents have been on a steady descent, immigration numbers are down and few buyers view them as a purchase that makes sense even at big discounts.<\/p>\n","protected":false},"excerpt":{"rendered":"A surge in immigration and international student demand helped turn sub-500-square-foot condos into a hot commodity for investors&hellip;\n","protected":false},"author":2,"featured_media":494614,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[49,48,8796,123391,3302,33901],"class_list":{"0":"post-494613","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-toronto","8":"tag-ca","9":"tag-canada","10":"tag-condo-market","11":"tag-condos","12":"tag-toronto","13":"tag-toronto-housing-market"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/494613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=494613"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/494613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/494614"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=494613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=494613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=494613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}