Toronto’s presale condo landscape is shifting, with buyers taking a more hands-on approach to creating the homes they actually want. I’m seeing projects near Yorkville and the Annex where about 40% of suites are sold, and many buyers are combining smaller units to craft custom homes averaging around $3M—before even starting their own upgrades. In north Toronto, developers have reduced the number of planned units to about 500, opting for larger, more livable two- and three-bedroom layouts that appeal to those looking for luxury or simply more space. These changes are clear signs that end users, especially downsizers, are now driving demand, even if it means a slower sales pace compared to previous market booms. One project is even building on its own capital, while another has set its sights on 2027 to begin construction, once financing goals are met. As a dedicated partner in Toronto real estate and home inspection, I keep a close eye on these shifts—because understanding what today’s buyers really want is key to finding the right opportunity.