What sold at Saturday at Downsview this summer — and what it means for owners
The summer in numbers
Between May and August, twelve transactions closed at Saturday at Downsview — a steady pace for a building of its size and a useful signal for owners trying to understand where the market actually is, rather than where headlines suggest it is.
One-bedrooms made up the largest share of activity, with buyers consistently landing in the mid-to-high $500s depending on floor, exposure, and parking. Two-bedrooms with parking traded in the high $600s to low $700s.
What buyers paid for, specifically
Floor and exposure did the heavy lifting. Higher-floor units with open views consistently outperformed comparable lower-floor plans, and units with parking included sold faster and closer to asking than those without.
Days on market averaged in the low twenties. Well-priced units moved in under two weeks; over-priced units sat, reduced, and eventually sold for less than a correctly-priced launch would have achieved.
What this means for owners
If you're thinking of selling this fall, the summer data says the building is liquid at honest prices. The gap between a well-prepared, well-priced listing and an aspirational one is now measured in tens of thousands of dollars and weeks of market time.
The full transaction breakdown — by floorplan, floor range, and sale type — is in the building report, updated monthly.
