High-Rise Condominium Land Values
MCAP, one of Canada’s leading independent mortgage financing companies, released some insightful statistics today about land value for high-rise condominiums in Toronto. The data is broken down by sub-markets (Downtown East, North Toronto etc.), as you can see in the table above.
A few quick things to note: Data is for the period ending December 6, 2012. Values are based on Gross Buildable SF and on standard builder financing terms.
MCAP also released detailed information about lot values in the GTA. Check it out in the table below…
For this data, values are based on standard builder financing terms and include all levies except educational.