How to Sell a Condo in North York: Documents, Figures and Steps

Before the listing date you want three things in hand. One is a written evaluation based on recent sales in your building and TRREB community. Another is the status certificate for your unit. The third is your selling costs quoted in writing. In August 2026 Toronto C14 recorded 52 condo apartment sales against 233 active listings, so buyers had other units to compare with yours. We promise nothing on price or timing. The legal, tax and mortgage points are general information, so confirm them with a lawyer, an accountant or a mortgage professional.

Getting your paperwork ready

Selling a house involves one property. Selling a condo involves your unit and the corporation that runs the building, so there is more paper.

The status certificate. This is the corporation’s report on itself and on your unit. The Condominium Authority of Ontario sets out the basics:

• Anyone can request a status certificate, so the seller, the buyer or an agent can order it.
• The condominium corporation can charge up to $100, including all applicable taxes.
• The corporation must provide it within 10 days.

Since anyone can order it, agree at the start who orders the certificate and who pays the fee. Ordering early lets you see what a buyer’s lawyer will see. A certificate is a snapshot, so ask your lawyer whether a buyer will want a newer one.

Inside the certificate:

• the declaration, by-laws and rules
• the current budget and the last audited financial statements
• a statement on the latest reserve fund study and the reserve fund
• the common expenses for your unit and any arrears
• common expense increases and special assessments
• the insurance certificate
• outstanding judgments and litigation

The reserve fund. Buyers and their lawyers look hard at this. A reserve fund is the account a corporation keeps solely for major repairs and replacements of common elements and assets. After a first comprehensive study, a new study is required at least every three years. The board must send owners a notice of future funding within 15 days of proposing a plan. If you got one of those notices, keep it with your papers.

Unit papers. Pull together your property tax bill, your Vacant Home Tax declaration record and the lease if the unit is rented. The 2026 City of Toronto residential tax rate is 0.767311 percent of assessed value, so a buyer can check the bill against the assessment.

Arrears. The certificate reports common expense arrears for the unit. If you owe any, talk to your lawyer about clearing them before you list.

What the district numbers say

The Toronto Regional Real Estate Board (TRREB) publishes no North York total. It reports by district and community, so every figure here names one. The districts below sit wholly or partly inside the former North York boundary. Toronto C04, C11, W04 and W05 also take in communities outside it.

Condo apartments, August 2026:

TRREB district	Sales	Average price	Active listings	Sale to list price	Average days on market
Toronto C04	8	$714,125	55	95%	29
Toronto C06	14	$548,400	69	98%	54
Toronto C07	25	$581,340	159	97%	39
Toronto C11	15	$442,533	73	96%	30
Toronto C12	3	$1,769,100	12	95%	57
Toronto C13	23	$704,130	122	96%	36
Toronto C14	52	$555,815	233	96%	40
Toronto C15	52	$619,237	252	98%	40
Toronto W04	13	$503,500	116	95%	34
Toronto W05	13	$468,962	136	97%	53

Source: TRREB Market Watch, August 2026. “Sale to list price” is TRREB’s average sale price as a share of list price. “Days on market” is TRREB’s average listing days on market.

For the City of Toronto as a whole, August 2026 brought 885 condo apartment sales, 2,303 new listings and 4,938 active listings. The average sale was at 96 percent of list price after 39 days.

Condo townhouses sell in far smaller numbers. In August 2026 Toronto C15 had 14 condo townhouse sales at an average of $738,843 and 50 active listings. Toronto C13 had 5 sales at $682,600 and Toronto C07 had 4 at $578,750. Toronto C14 had 3 and Toronto C06 had none.

One month is a small sample

Put the month beside the quarter for the same districts.

TRREB district	Q2 2026 sales	Q2 2026 average price	August 2026 sales	August 2026 average price
Toronto C11	49	$595,725	15	$442,533
Toronto C12	18	$1,603,889	3	$1,769,100
Toronto C13	75	$611,065	23	$704,130
Toronto C14	174	$597,444	52	$555,815
Toronto C15	180	$588,484	52	$619,237

Sources: TRREB Condo Market Report, Q2 2026 and TRREB Market Watch, August 2026.

The Toronto C11 average differs by more than $150,000 between the two periods. That gap does not show units there changed in value by that amount. Fifteen sales is a small group and the mix of unit sizes and buildings in it drives the average. Toronto C12 rests on 3 sales. TRREB also revises past monthly figures each month and its community reports leave out a statistic when there are two or fewer transactions.

If you are selling, here is how to use this:

• Use district figures to see supply, meaning how many units are listed and how many sell.
• Do not read a one-month district average as the price of your unit.
• Ask for recent sales in your own building and TRREB community, with dates.

Community figures add detail. In the second quarter of 2026 Willowdale East recorded 153 condo apartment sales, Bayview Village 83, Henry Farm 58, Banbury-Don Mills 50 and Clanton Park 41. Our North York condo prices page tracks the district figures. The area guides for Yonge and Sheppard, Willowdale and North York Centre, Bayview Village and Don Mills and Sheppard say which communities each one covers.

Costs to get in writing

We went through government and regulator sources for this site. None of them set commission rates, lawyers’ fees or staging prices, so we quote no numbers for those. Get each in writing.

Cost	What our sources support	What to do
Commission	No published standard rate	Ask for the rate and what it covers in writing before you sign a listing agreement
Legal fees	Not set by any source we opened	Ask a real estate lawyer for a written quote that includes disbursements
Status certificate	Up to $100 including taxes, provided within 10 days	Agree who orders and pays
Staging or repairs	Not researched	Ask for written quotes and decide item by item
Mortgage payout	Set by your lender’s contract	Ask your lender in writing for the cost to pay out the mortgage on your closing date
Common expense arrears and special assessments	Reported in the status certificate	Ask your lawyer how they are settled on closing
Vacant Home Tax	3% of assessed value if the home is vacant or deemed vacant	Make the declaration and ask your lawyer about any amount owing
Tax on the sale	Not covered in our research	Ask an accountant before you list

Land transfer tax is a buyer’s cost. If you are also buying, you will meet it on the purchase. Our land transfer tax calculator works out both the Ontario and Toronto amounts. The buying guide covers that side.

Selling a tenanted unit

Plenty of condos in TRREB’s figures are rented. In the second quarter of 2026 it recorded 738 condo apartment leases in Toronto C14 and 986 in Toronto C15. If your unit has a tenant, a buyer will ask about the tenancy.

Here are Ontario’s rent rules as the province publishes them:

• The rent increase guideline is 2.1 percent for 2026 and 1.9 percent for 2027.
• New buildings, additions and most new basement apartments first occupied for residential purposes after November 15, 2018 are exempt from rent control.
• Rent can be raised only once 12 months have passed since the last increase or since the tenancy began.
• An increase needs at least 90 days of written notice.
• A unit that is exempt from the guideline is still subject to the 12-month and 90-day rules.

A buyer who plans to keep the tenant will want the current rent, the date of the last increase and when the unit was first occupied. Have the lease and your notices ready.

Our research stops there. It does not cover a tenant’s rights when a unit is sold, notice for showings or how a tenancy can end. Confirm the tenancy rules with the Landlord and Tenant Board or a lawyer before you list and do not rely on this page for them. Our investment guide covers the rent rules for owners in more detail.

Selling a pre-construction unit before you close

If you signed with a builder and want to sell before you take title, you are selling your purchase agreement. That is an assignment and it follows different rules from a resale. Whether your builder allows it is a term of your contract. The Canada Revenue Agency states that all assignment sales of newly constructed or substantially renovated residential housing have been taxable for GST/HST since May 7, 2022.

The assignment section of the pre-construction condo guide explains how the tax applies and what to ask your builder. Take the agreement to a lawyer and an accountant before you offer the unit to anyone.

Vacant Home Tax: file the declaration

The City of Toronto requires residential property owners to declare the occupancy status of their property every year. The City says this applies even if you live there or qualify for an exemption.

• The rate is 3 percent of the property’s Current Value Assessment, beginning with the 2024 taxation year.
• A home counts as vacant if it was vacant for six months or more during the taxation year.
• A property is deemed vacant if the owner does not declare by the deadline. The City’s page refers to an April 30 deadline.
• A false declaration can bring a fine of up to $10,000 plus the tax.

Two things matter if you are selling. A missed declaration means the property is deemed vacant and the tax can be charged. The six-month test also applies to a unit that sat empty while it was for sale, so ask the City or your lawyer how your dates count. The City has not yet posted the declaration date for the 2026 taxation year, so check its page. Ask your lawyer how the declaration and any tax owing are handled between you and the buyer on closing.

Non-resident sellers

If you are not a resident of Canada for tax purposes, get tax advice from an accountant and a lawyer before you list. We looked at the rules for non-resident buyers. We did not cover the tax rules for non-resident sellers, so we state no rates or procedures for them. Start early, since your advisers may need time before a sale can close.

Step by step, from evaluation to closing

1. Ask for an evaluation. Request a free condo evaluation. It should rest on recent sales in your building and TRREB community, with the sales count and the period stated.
2. Read the district figures. Look at sales, active listings and days on market for your district, for the month and for the quarter.
3. Gather the papers. Collect the tax bill, your Vacant Home Tax declaration record, any notices from the corporation and the lease if there is one.
4. Plan the status certificate. Agree who orders it and when. The fee is capped at $100 and the corporation has 10 days to provide it.
5. Get costs in writing. Ask for commission, legal fees, any staging or repair quotes and your lender’s payout figure.
6. Check the tenancy. If the unit is rented, confirm your obligations with the Landlord and Tenant Board or a lawyer before showings begin.
7. Sign the listing agreement. Read the commission and the term. Ask about anything unclear before you sign.
8. List the unit. It appears with the other condo apartments or condo townhouses on the market.
9. Review offers. Look at the price, the deposit, the conditions and the closing date. Your agent explains each offer and you decide.
10. Support the buyer’s review. The buyer’s lawyer reads the status certificate. Answer questions promptly through your agent.
11. Close. Your lawyer pays out the mortgage, settles the adjustments and transfers title. Confirm the Vacant Home Tax declaration is in order.

Ask us anything about North York condos. We can book a showing if you are also buying. Use the contact page or start with the evaluation form.