Toronto has several Luxury Condos in the construction stage in far greater numbers and more desirable locations.

There are 14 Toronto Luxury Condos were prices start at $600,000 per square foot. Realnet Canada advise there are 32 Condo projects in the Greater Toronto Area where the average selling price for all suites was $653 a square foot.

Toronto is the largest city in Canada and the country was the least affected of all the industrialized nations by the current economic slowdown.

Helping sell all the new Luxury Toronto Condominiums projects will be a projected 100,000 new immigrants per year and a demand for the Toronto Condo life by baby boomers from Rosedale, Forest Hill and the Bridal Path.

Expect these new Condo projects to rise higher in the current Toronto Real Estate Market over the current doom and gloom.