Larger Toronto Condos Hold Value Better Than Smaller Units

In my decades of working in Toronto’s real estate market—from the days of Bay Street lending to helping clients navigate every kind of property transaction—market shifts are nothing new. Still, the recent report showing micro condos (under 500 sq ft) in the GTA have dropped 12.2% in value from 2020 to 2025, compared to a 6.2% drop for larger condos, stands out. That’s a significant divide in performance, especially when you consider that Vancouver’s micro condos actually appreciated by 4.9% over the same period. These numbers underscore how important it is to understand not just the citywide headlines, but the story behind each property type and market. Over the years, I’ve seen how nuanced choices—like unit size—can dramatically impact long-term value. It’s a reminder that informed, experienced guidance makes all the difference when navigating real estate decisions.