North York Condo Townhouse for Sale: What You Own and What It Costs

A North York condo townhouse looks like a townhouse but is legally a condominium unit. You own the unit, share the common elements with the other owners and pay monthly common expenses to a condominium corporation. TRREB counts these homes in their own category. Its Market Watch for August 2026 recorded 120 condo townhouse sales in the City of Toronto at an average price of $712,296 and a median of $661,650. In district C15, which takes in Bayview Village and Hillcrest Village, 14 sold at an average of $738,843.

Below we cover what you own, where condo townhouses sell in North York, what to read before you offer and what the purchase costs. It is general information, so confirm legal, tax and mortgage points with a lawyer, an accountant or a mortgage professional.

What you actually own

“Townhouse” describes the building, a home in a row or a stack that usually has its own entrance. “Condo” describes the ownership. A condo townhouse is both. The home is a unit in a condominium corporation that runs under a declaration, by-laws and rules.

You pay common expenses each month. Part of that money goes to the reserve fund, which the Condominium Authority of Ontario (CAO) describes as an account kept solely for major repairs and replacements of the common elements and assets.

What counts as a common element differs in every complex. In one, the corporation may look after roofs, windows, roads and landscaping. In another, more of that work may fall to you. The marketing sheet will not settle it. The declaration and the status certificate will, so check both before you rely on anything said about what the fees cover.

Condo townhouse, freehold townhouse and condo apartment

The three blur together in a listing search. The table gives the general position. A specific property can differ, so check the declaration and the status certificate.

	Condo townhouse	Freehold townhouse	Condo apartment
What you own	A unit in a condominium corporation plus a share of the common elements	The home, with no condominium corporation	A unit in a condominium corporation plus a share of the common elements
Monthly common expenses	Yes	Generally none	Yes
Who maintains the outside	Often the corporation, as the declaration sets out	Generally the owner	Generally the corporation
Condominium rules	Declaration, by-laws and rules	None	Declaration, by-laws and rules
Status certificate	Available	Not applicable	Available
TRREB category	Condo Townhouse	Not covered in this guide	Condo Apartment

If a listing does not make the ownership type clear, ask a lawyer what the title includes.

This site covers the two condominium types only. We leave freehold townhouses out and quote no figures for them.

August 2026 condo townhouse sales

TRREB reports by district and community and publishes no North York total. That means no North York-wide average exists. Do not make one by averaging districts. The table copies the condo townhouse figures from Market Watch for August 2026 for the districts that reach into the former City of North York.

TRREB district	Communities in or partly in North York	Sales	Average price	Median price	Active listings
Toronto C04	Bedford Park-Nortown, Englemount-Lawrence	3	$692,667	$660,000	9
Toronto C06	Bathurst Manor, Clanton Park	0	Not reported	Not reported	6
Toronto C07	Lansing-Westgate, Newtonbrook West, Westminster-Branson, Willowdale West	4	$578,750	$549,000	29
Toronto C11	Flemingdon Park	2	$585,000	$585,000	8
Toronto C12	Bridle Path-Sunnybrook-York Mills, St. Andrew-Windfields	2	$1,389,000	$1,389,000	19
Toronto C13	Banbury-Don Mills, Parkwoods-Donalda, Victoria Village	5	$682,600	$690,000	24
Toronto C14	Newtonbrook East, Willowdale East	3	$910,167	$790,000	26
Toronto C15	Bayview Village, Bayview Woods-Steeles, Don Valley Village, Henry Farm, Hillcrest Village, Pleasant View	14	$738,843	$732,500	50
Toronto W04	Yorkdale-Glen Park, Maple Leaf, Rustic, Brookhaven-Amesbury	2	$600,000	$600,000	23
Toronto W05	Downsview-Roding-CFB, York University Heights, Black Creek, Glenfield-Jane Heights, Humber Summit	9	$465,044	$515,000	79

A few cautions on these numbers.

• The samples are small. Two or three sales cannot stand for the price of an area. One large or small home moves the average a long way.
• Some districts cross the old boundary. C04, C11, W04 and W05 each include communities outside the former City of North York. The district figure counts those sales too.
• Figures are revised. TRREB counts firm transactions entered in its MLS System in the period and revises past months.

Across the whole City of Toronto in the same month, condo townhouses sold for 98% of the list price on average and took an average of 40 days on the market. There were 300 new listings and 683 active listings.

Next to condo apartments

The same Market Watch lets you put the two condo types side by side, district by district.

TRREB district	Condo apartment sales	Condo apartment average	Condo townhouse sales	Condo townhouse average
Toronto C07	25	$581,340	4	$578,750
Toronto C13	23	$704,130	5	$682,600
Toronto C14	52	$555,815	3	$910,167
Toronto C15	52	$619,237	14	$738,843
Toronto W05	13	$468,962	9	$465,044

In C14 and C15 the townhouse average was higher that month. In C07, C13 and W05 it was lower. The averages do not adjust for size, age or bedroom count, so they cannot tell you what a like-for-like home costs. Our North York condo prices page tracks the district figures.

Which communities have the townhouses

TRREB’s Community Housing Market Reports for the second quarter of 2026 break sales down by home type in each community. The table lists the North York communities where we recorded a condo townhouse count.

TRREB community	District	Condo townhouse sales, Q2 2026	Condo apartment sales	Total sales, all home types
Willowdale East	C14	22	153	214
Bayview Village	C15	15	83	118
Downsview-Roding-CFB	W05	15	12	72
Hillcrest Village	C15	10	10	48
St. Andrew-Windfields	C12	9	3	35

Three patterns stand out.

Along the Yonge and Sheppard lines. Willowdale East and Bayview Village sell mostly apartments, with 153 and 83 condo apartment sales in the quarter. They still posted the highest townhouse counts on this list. Our Willowdale and North York Centre, Yonge and Sheppard and Bayview Village guides cover them.

Townhouses ahead of apartments. In Downsview-Roding-CFB, 15 condo townhouses sold against 12 condo apartments. In St. Andrew-Windfields it was 9 against 3. See the Downsview Park and York Mills guides.

An even split. Hillcrest Village recorded 10 of each. We have no guide for it, but its listings appear in the North York search.

Other communities may have had condo townhouse sales that we did not record, so treat this as a starting list. TRREB also leaves some statistics out of its community reports when a category has two or fewer transactions.

Reading the status certificate

The status certificate is the corporation’s report on itself and on the unit. The CAO sets out the basics.

• Anyone can request one.
• The corporation can charge up to $100, including all applicable taxes.
• It must be provided within 10 days.

Inside the certificate you will find the declaration, by-laws and rules, the current budget and the last audited financial statements, a statement on the most recent reserve fund study and the reserve fund, the common expenses for the unit and any arrears, any common expense increases and special assessments, the insurance certificate and any outstanding judgments and litigation.

In a townhouse complex, take your time with three parts.

1. The declaration. It defines the unit and the common elements, which tells you who pays for a roof, a window, a deck or a driveway.
2. The budget and statements. They show what the common expenses pay for today.
3. Increases and special assessments. They show what the corporation has already told owners is coming.

Have a lawyer review the certificate. Settle with your agent and your lawyer how your offer should depend on that review.

Looking at the reserve fund

In a townhouse complex the big shared items tend to be roofs, roads and exterior finishes, depending on the declaration. The reserve fund pays for their major repair and replacement, so its health affects every owner.

The CAO sets out how the fund is planned.

• A Class 1 comprehensive study must be completed within the first year after the declaration and description are registered.
• After that a study is required at least every three years. The studies alternate between Class 2, which includes a site inspection, with Class 3, which does not.
• The board must send owners a notice of future funding within 15 days of proposing a plan.

Ask for the date of the most recent study and the notice of future funding. Compare the planned contributions with the current budget. If the fund looks thin next to the work the study lists, ask a lawyer what that could mean for future common expenses or a special assessment.

What it costs to buy

Land transfer tax, twice

North York is in the City of Toronto, so a condo townhouse buyer pays two land transfer taxes, Ontario’s and the City’s. Up to $2,000,000 the brackets match.

Portion of the price	Ontario rate	Toronto rate
Up to $55,000	0.5%	0.5%
$55,000.01 to $250,000	1.0%	1.0%
$250,000.01 to $400,000	1.5%	1.5%
$400,000.01 to $2,000,000	2.0%	2.0%

Higher rates apply above $2,000,000. The City changed its rates for high-value homes on April 1, 2026. If your purchase is in that range, ask your lawyer which rate applies. The City also charges an administration fee of $102.56 plus HST on each transaction.

First-time buyers get relief on both. Ontario refunds up to $4,000, so a qualifying buyer pays no Ontario tax on the first $368,000. Toronto rebates up to $4,475. Together that is up to $8,475. Both programs require that you are at least 18, are a Canadian citizen or permanent resident, have never owned a home anywhere in the world and occupy the home as a principal residence within nine months. The Ontario refund must be claimed within 18 months of registration.

Our land transfer tax calculator works out both taxes for any price.

Down payment and mortgage

The federal minimum down payment is 5% of the price up to $500,000. On a home from $500,000 to under $1.5 million, it is 5% of the first $500,000 plus 10% of the portion above. At $1.5 million or more you need 20%. Under 20% down, you typically need mortgage loan insurance. Since December 15, 2024 insured mortgages have been available on prices up to the $1.5 million cap. First-time buyers can take a 30-year insured amortization.

Our mortgage calculator shows the payment at different prices. A mortgage professional can tell you what a lender will approve.

Property tax and common expenses

Toronto’s 2026 residential property tax rate is 0.767311% of assessed value. That total combines the City rate, the education rate and the City Building Fund. Common expenses are a separate monthly cost and vary by complex. The status certificate states the amount for the unit. We have not researched fee levels, so we quote none.

Buying a new townhouse from a builder

Some condo townhouses are sold before they are built. Buying one from a developer is a pre-construction condominium purchase. Different rules apply.

• The CAO describes a 10-day cooling-off period in which you may rescind the agreement.
• Tarion’s deposit protection for a condominium unit is up to $20,000.
• GST/HST applies to new homes and rebates may reduce it.

Our North York pre-construction condo guide covers each of these, along with assignment sales. Ask a lawyer how they apply to a townhouse project.

Where to search

Start with every condo townhouse for sale in North York. The page pulls active listings of the Condo Townhouse type across the North York communities. You can narrow it by bedrooms.

To search a single area, use its listings page.

• Bayview Village listings
• Willowdale listings
• Yonge and Sheppard listings
• Downsview Park listings
• York Mills listings

Each neighbourhood guide names the TRREB communities its listings cover, the nearest stations and the local housing stock. Still deciding between a townhouse and an apartment? Browse condo apartments next to them and read our condo buying guide. If you own a condo townhouse and want to know what it could sell for, ask for a free condo evaluation.

Step by step, from budget to closing

1. Set your budget. Talk to a mortgage professional and add both land transfer taxes and legal fees to the down payment.
2. Choose the areas. Use the community counts above and the neighbourhood guides to pick two or three places to watch.
3. Search by type. Follow the condo townhouse listings and ask for the common expenses on each one.
4. Visit. Look at the unit and at the parts of the complex the corporation maintains.
5. Order the status certificate. The corporation has 10 days to provide it and can charge up to $100.
6. Have a lawyer review it. Point them to the declaration, the reserve fund statement and any special assessments.
7. Make the offer. Agree the price, the closing date and any conditions with your agent and your lawyer.
8. Close. Your lawyer registers the transfer, settles both land transfer taxes and applies for any first-time buyer relief you qualify for.

Ask us anything about North York condos and we can book a showing. Contact us with your questions.