Patricia Katz

Electric Vehicles in Condos

Patricia Katz, Broker

Direct: 416-879-2094

patriciakatzrealestate@gmail.com

Canada’s Target for Electric Vehicles

• 10% of all new vehicles to be zero-emission vehicles (ZEVs) by 2025
• 30% by 2030
• 100% by 2040

Electric Cars in Condominiums

Condos must be ready to accommodate all-electric vehicles by 2035

Currently, newly built condos must have 20% of all spaces able to accommodate some form of Electrical Vehicle Supply Equipment (EVSE) that are in compliance with the Act.

Condos that are not newly built 

• the Condo Corp can “unilaterally” install an electric charging station or the infrastructure on a 60-day notice to owners if certain conditions are met
• the Individual Owner must apply in writing to the Condo Corp for such installation & pay all costs & the corporation must cooperate & provide any required information, permission, or authorization required by the owner to put together the application to the relevant authorities

Average Sold Prices for 2021 as reported by TRREB in areas C01, C08 & W01

Square Feet	C01 - Central Toronto	C08 - East Toronto	W01 - West Toronto
0 - 499	$520,616	$539,927	$510,789
500 - 599	$613,159	$427,994	$595,869
600 - 699	$659,330	$669,932	$637,729
700 - 799	$703,005	$773,607	$686,893
800 - 899	$856,147	$847,585	$811,050
900 - 999	$984,082	$826,886	$793,335
1000 - 1199	$1,023,160	$1,023,834	$916,269
1200 - 1399	$1,262,607	$1,073,219	$1,050,986

Central Toronto from the Don Valley to the Humber & Lake Ontario to Bloor St. Tags: #electric cars, #electric vehicles, #stained glass #patriciakatz broker #torontorealestate, 1st time buyers, BEV, budget, Central Toronto, condo, downtown Toronto, eglinton-yonge, EV, GTA condos