Real Estate

Anyone Living at the Northtown Way Condos in North York?

  • Last Updated:
  • Oct 17th, 2019 12:09 pm
[OP]
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Jun 17, 2015
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Thornhill, ON

Anyone Living at the Northtown Way Condos in North York?

I'm looking at units at 5 & 15 Northtown specifically and noticed that some units appear to have 9 feet ceilings on the upper floors whereas units on the lower levels are 8 feet.

Is that correct? Does this make a big difference when it comes to pricing?
6 replies
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Feb 19, 2019
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Stouffville ON
It is fairly common, there is a premium for both higher floor and higher ceiling.
Full Time and Full Service Realtor
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Jun 26, 2005
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How do you mean pricing?

How much they are being sold for?
How much more can you sell it for later?


Generally speaking, yes, 9 ft ceiling is a plus. Something you cannot get from.renovation. like the location and view of a condo.

Those things are always a positive for a condo
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Feb 2, 2014
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hereforit wrote: I'm looking at units at 5 & 15 Northtown specifically and noticed that some units appear to have 9 feet ceilings on the upper floors whereas units on the lower levels are 8 feet.

Is that correct? Does this make a big difference when it comes to pricing?
I just sold a penthouse unit in 10 Northtown. It had 9ft ceilings with the crown moldings. Yes, 9ft ceilings do add value, but the higher floor and view is more valuable.

I wouldn't buy on a lower floor for the higher ceilings. Obviously there is value to the penthouse suites with the 9ft ceilings though.

PS-Be aware that some buildings there have KITEC.
Last edited by CdnRealEstateGuy on Oct 17th, 2019 10:39 am, edited 1 time in total.
Kevin Somnauth, CFA
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
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Feb 2, 2014
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alanbrenton wrote: ^ Congratulations @CdnRealEstateGuy for opening up your own mortgage brokerage.
Thanks man!
Kevin Somnauth, CFA
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative
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I have to say, the higher the ceilings the better for me personally. Having said that, in the resale market I noticed there isn’t that big of a difference in pricing between 8 & 9. Since you are looking at North York, Gibson square has quite a few 8 foot ceiling units and they sell well. I mean if the same unit comes on the market at the same time the one with higher ceilings will probably sell faster. For me, I really notice low ceilings when the space is big. For smaller spaces it is less noticeable especially in wide units with lots of windows and natural light.

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