Toronto Condo Investor · Condominiums Only
Resale condos, assignments, power of sale and receivership opportunities across Toronto and the GTA — sourced, priced and negotiated by a broker who invests in this market himself.
Live listing represented by Randy Ramadhin. Message for current pricing, full photo tours and private viewing times.
Offered at $1,649,900. Level-46 penthouse, 2+1 bed / 3 bath, 1,138 sq ft plus a 777 sq ft terrace. Two parking spots and a locker. Tenanted at $8,000/month with an assumable lease — a rare turnkey investor play.
See the penthouse →What is moving the Toronto condo market right now — resale, new construction, policy, and the SIREG story Ontario condo owners are watching.
GTA condo apartments: 1,316 sales, down 7.8% from a year earlier, at an average $605,257, down 7.7%. Toronto (416) averaged $640,248, down 6.1%; the 905 averaged $533,654, down 12.0%. About 68% of September condo sales were under $600,000.
Canadian Mortgage Professional →New GTHA condo sales doubled from a year ago to 760, but 45% were bulk investor deals at $763 per sq ft — roughly 40% below original prices in the same buildings. Pre-construction sales fell 61% to just 60. Completed unsold inventory stands at 5,127 units, with asking prices at $1,157 per sq ft, down 20% from the Q2 2023 peak. Only 381 units started construction in the quarter, and scheduled completions fall to 4,213 by 2029.
Urbanation →The full 13% HST is relieved on eligible new homes — combined relief up to about $130,000 on a $1 million home — for purchase agreements signed April 1, 2026 to March 31, 2027. For rental-purchased units, construction must be substantially complete by December 31, 2029.
Urbanation →Scope note: the condo corporations named by Ontario's condo authority in this story are outside Toronto and the GTA. This is an Ontario-wide lesson for condo owners and investors, not a Toronto building list.
SIREG, a Burlington-based condo manager of roughly 1,800 investor-owned units, suspends rent and dividend payments, citing liquidity reasons. It files Notices of Intention to Make a Proposal under the Bankruptcy and Insolvency Act, and its condo-management licence is suspended after an inspection found client condo-corporation funds were not held in accounts in those corporations' names.
SIREG tells the court no viable restructuring or sale is possible and the business will be wound down. On October 13 it tells owners it can no longer provide management services and will hand each tenancy back to its owner.
The court appoints an administrator under section 131 of the Condominium Act for more than two dozen SIREG-managed condo corporations, with boards' powers until owners elect new boards. The management company's licence is revoked on October 19. On October 20 a bankruptcy order takes effect for 16 SIREG companies.
Owners must deal directly with tenants, collect rent themselves, or appoint a replacement manager. Owners are told not to send payments to SIREG. Unpaid guaranteed rent under a management agreement is treated as an unsecured creditor claim in the bankruptcy — not a guaranteed payment. One audited example showed $128,385 owed to a corporation's reserve fund and not held there as required.
Condominium Authority of Ontario → Condominium Owners Network, Oct 20 →Condo assignments advertised publicly across the GTA. No seller names and no listing brokerage names are shown here — ask Randy for details on any unit.
Prices and availability below are as advertised in public listings last checked October 25, 2026. Assignments sell and reprice quickly — confirm availability and price before acting.
| Building / area | Unit | Asking price | Notes | |
|---|---|---|---|---|
| Sky Tower, 11 Yonge St, Downtown Toronto | 2 bed + den, 985 sq ft | $1,088,888 | Parking, SW lake view, high floor | Ask → |
| Sky Tower, 11 Yonge St, Downtown Toronto | 2 bed + den, 985 sq ft | $1,150,000 | Separate ad from the one above | Ask → |
| Sky Tower, 11 Yonge St, Downtown Toronto | 1 bed + den, 655 sq ft | $699,990 | West-facing, high floor | Ask → |
| Sky Tower, 11 Yonge St, Downtown Toronto | Unit details not stated | $605,898 | Advertised as saving over $133,000 vs original | Ask → |
| MCity 3, Mississauga City Centre | 1 bed, 553 sq ft | $368,000 | Parking, SW-facing | Ask → |
| Nottinghill, 4010 Eglinton Ave W, Etobicoke | Studio, 330 sq ft | $248,000 | East-facing, floor 20+ | Ask → |
| Downtown Markham | 3 bed, parking | $799,990 | Original over $1.11M; stated seller loss over $312,000 | Ask → |
| Bijou on Bloor, Old Mill, Toronto | 2 bed + den | $1,580,000 | 25 ft balcony | Ask → |
| NorthCore, 53 Sheppard Ave W, North York | Studio, 359 sq ft | $459,000 | Yonge / Sheppard | Ask → |
| Westerly 2, 60 Central Park Rdwy, Etobicoke | 1 bed, parking | $440,000 | Brand-new, never occupied; below original price | Ask → |
| Vincent, Vaughan Metropolitan Centre | 2 bed | $638,000 | Advertised substantially below purchase price | Ask → |
| The Borough, Lawrence Ave E, Scarborough | 1 bed | $350,000 | Ask → | |
| Four Me, Scarborough | Not stated | $599,999 | Ask → | |
| 400 King St W, Toronto | 1 bed, 535 sq ft | $489,990 | Ad stated occupancy Aug 2026 — may already be closed; confirm first | Ask → |
| LIVGreen 2, Stouffville | Not stated, parking + locker | $649,000 | Sold-out project, advertised below market | Ask → |
| Millhouse, Milton | 2 bed | $645,000 | Advertised as seller forfeiting deposit | Ask → |
Distress opportunities across the GTA — court-supervised and lender-driven sales. No brokerage attribution is shown here; ask Randy for the process and terms on any property.
Prices and availability below are as advertised in public listings last checked October 25, 2026. Power-of-sale units are typically sold as-is, where-is. Confirm availability, price and terms before acting.
| Property | Unit | Asking price | Notes | |
|---|---|---|---|---|
| 55 Regent Park Blvd, Unit 1711, Toronto | Studio | $299,000 | Added Oct 24, 2026 | Ask → |
| 55 Regent Park Blvd, Unit 1411, Toronto | Studio | $299,000 | Price cut $21,000 on Oct 20, 2026 | Ask → |
| 5 Mabelle Ave, Unit 3732, Etobicoke | 2 bed, 800–899 sq ft | $616,000 | Parking + locker | Ask → |
| 470 Front St W, Unit 815 (The WELL), Toronto | 1 bed, 500–599 sq ft | $589,000 | Vacant, sold as-is, where-is | Ask → |
| 500 Dupont St, Unit 805, Toronto | 2 bed, 600–699 sq ft | $549,900 | Ask → | |
| 99 Broadway Ave, Unit 1405, Toronto | 1 bed | $425,000 | Locker included | Ask → |
| 197 Yonge St, Unit 4213 (Massey Tower), Toronto | Studio | $390,000 | Price cut $10,000 on Sep 27, 2026 | Ask → |
| 10 Honeycrisp Cres, Unit 1120, Vaughan | 2 bed, 600–699 sq ft | $529,900 | Sold as-is, where-is; parking + locker | Ask → |
| 7 Buttermill Ave, TH20, Vaughan | 1 bed stacked townhouse | $379,900 | Ask → | |
| 55 Port St E, Unit 702, Mississauga | 3 bed, ~2,920 sq ft | $3,489,000 | Waterfront luxury, corner unit | Ask → |
| 15 Cornell Meadows Ave, Unit A206, Markham | 2 bed + den townhouse | $449,000 | Advertised "Must Sell" | Ask → |
| 2 Valhalla Inn Rd, Unit 332, Toronto | 3 bed + den townhouse, 1,430 sq ft | $552,000 | Sold as-is, where-is; single listing source | Ask → |
EverHome, 9704 McCowan Rd — 131 units across 3 buildings, about 86% complete, construction halted since mid-May 2026. No individual unit asking prices published.
Storeys →The Manderley, 1478–1496 Kingston Rd — 194 units, construction substantially complete April 2026, roughly 69–70 units unsold. Receiver-process units seen at $409,726 (1+den) and $399,999 (2-bed) — availability under the receiver process unconfirmed.
Storeys →Mondria 1, 1607 King St E — 89 units, 76 sold. No individual unit prices published.
Storeys →Labatt Village — proposed mixed-use development of about 1,240 condo units, in receivership as a development site. No individual unit listings.
Broker, Century 21 People's Choice Realty Inc. Randy advises buyers, sellers and investor groups on condominium strategy across the GTA — from first pre-construction purchases to portfolio-level acquisitions and joint ventures through Haffwood Services Ltd.