Six percent below asking, on average.

Fifty-nine sales in August at an average of $1,107,287 and a median of $860,000. Homes sold at 94% of asking, tied with C12 for the lowest sale-to-list ratio in the city, in 38 days. The benchmark is $1,002,300, down 3.67% on the year — a smaller decline than July's 7.29%, so the price floor is firming even as buyers keep their negotiating room.

C07 is where Yonge-corridor condo supply meets rebuilt-lot detached, and both halves are soft at once. The condo pipeline keeps resale honest — the apartment benchmark is $623,800, down 5.46% — and the tear-down math no longer carries the detached premium it did, with detached down 5.10%. At 5.8 months of inventory, buyers have selection and time.

This favours the patient buyer: make the below-ask offer and let it sit. Sellers need precise pricing, not more exposure. If you are weighing C07 against C14 across Yonge, ask — the August numbers separate them clearly.