Thornhill has emerged recently as an active pocket for mid- to high-rise development as well as urban intensification in general. The Thornhill Condos, particularly those around City Center, are attacting a lot of attention from empty nesters from the middle-class segment. Nearly all of the current condo developments are targeting this segment of the market, which can be found close by in single detached dwellings but looking to downsize without moving out of their neighbourhood.
At the end of 2007, the average price of a Thornhill condo unit was $306 a square foot, down from $320 at the end of 2006. For the Greater Toronto, the average price was $397 at the end of 2007, according to data from RealNet Canada. The average Thornhill condo size is 1,029 square feet , significantly larger than the GTA average of 897 square feet.
As with any real estate market it takes a skilled professioanl to help both buyers and sellers to make the right decision. Search for Thornhill condos here and feel free to contact Frances and Abe Wang regarding any property you come across or to request more detailed information about the Thornhill condo market.
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