Larger Toronto Condos Hold Value Better Than Smaller Units

Micro condos under 500 sq ft in the Greater Toronto Area have seen a 12.2% value decline from 2020 to 2025, losing value at twice the rate of larger units. In 2025, they dropped $152 per sq ft year-on-year. Larger condos (500-700 sq ft) fell 6.2%, while Vancouver's micro condos gained 4.9%. Reduced investor demand and preference for larger homes contribute to the GTA micro condo market downturn.