Toronto Condo for Sale: Why Large Units Like 45 Carlton Are Gaining Value

For Sale

Apr 28

Written By Alex Wilson

Property Details

Address: 45 Carlton Street Unit 1009 Toronto M5B 2H9

Type: 2 Bed Plus Den and Solarium

Description: Why Larger Condos Like 45 Carlton Are Making a Comeback

The Toronto condo market has gone through a reset. Prices have corrected, inventory has increased, and buyers have more leverage than they’ve had in years.

But here’s what most people are missing: not all condos are created equal—and not all segments are moving the same way.

Large, functional units like the one at 45 Carlton Street are quietly becoming some of the most valuable assets in the market.

Let’s break down why.

1. The Shift Away from Micro Units

Over the past decade, developers optimized for price per square foot. That meant smaller units, tighter layouts, and more investor-focused products.

Now we’re seeing the consequences.

End users—families, professionals, and downsizers—are looking for space again. And the supply simply isn’t there.

A 1,300 sq. ft. unit in downtown Toronto is no longer standard. It’s rare.

2. Location Still Drives Everything

45 Carlton sits in one of the most connected pockets of the city.

You’re steps to Yonge & College subway access. You’re surrounded by retail, grocery, and lifestyle amenities. And you’re across from one of Toronto’s most iconic landmarks.

In real estate, location compounds value over time.

And in a market where buyers are more selective, properties in walkable, transit-oriented locations outperform.