The Frederick · Upper East Village · Laird & Eglinton
Honest starting point: the building hasn't registered yet, so anyone quoting you a confident price per square foot for The Frederick is guessing. Here's where the real signal comes from instead.
25 Frederick Todd Way is The Frederick, the third and final tower of Camrost-Felcorp's Upper East Village at Laird and Eglinton. Occupancy started in the summer of 2026, with first move-ins that August, and the building is still in interim occupancy. It hasn't registered as a condominium.
Until registration happens, title to individual units can't transfer. An automated valuation tool will still hand you a number, because it will quietly borrow data from somewhere else and not tell you where. That's the part worth being suspicious of.
Three places, weighted differently depending on your unit.
33 Frederick Todd Way. The sister tower in the same community, occupied since roughly 2023. Same developer, same master plan, same Laird and Eglinton location, the same walk to Laird station. It isn't a perfect stand-in, because it's an older building with a different finish package and its fees and reserve position are its own, but it's the closest read available and it's a real one. I've leased units there, so I know how those floor plans compare to yours.
Nearby Leaside and Eglinton condos. Newer buildings along the Eglinton corridor. These set the broader band your unit sits inside and they capture what Line 5 has done to the corridor since it opened on February 8, 2026.
Assignment activity. Where an owner sells their purchase agreement before final closing rather than closing and holding, that transaction is the closest direct evidence of what a buyer will pay for a unit like yours today. Whether you can assign at all depends on your own agreement with the developer, so read it before you plan around one. An assignment is also a different kind of transaction than a resale, which means the numbers need reading carefully rather than taking at face value.
Two units with the same square footage in this building can be worth noticeably different amounts. What separates them, roughly in order:
The location fundamentals apply to every unit equally: Laird station on Line 5 about 460 metres away, roughly a seven-minute walk, SmartCentres Leaside about ten minutes on foot, and a Walk Score of 82. A note on the address itself, because it confuses search results and sometimes valuation tools: it's marketed as Leaside, MLS and TRREB file it under Thorncliffe Park (C11), the City of Toronto boundary agrees with MLS, and some portals say East York.
Right now you're in interim occupancy, paying an occupancy fee to the builder rather than a mortgage, and you can't sell the unit as a resale. Your only exit is assigning the purchase agreement, which is a different transaction with its own rules.
At registration the condominium corporation legally comes into existence and title can transfer to you at final closing. From there your unit is an ordinary resale condo: listable on MLS, financeable in the normal way, and generating real comparables for the next owner who asks this question. Pricing gets a lot less theoretical at that point, and if you're deciding whether to sell now or later, the difference between those two states is most of the decision. If you're on the earlier track, the assignment sale page covers it.
Under Ontario's advertising rules I can't publish a transacted price on a public page without consent from both sides of that transaction. So there are no sold figures on this page, and you should be wary of any site that does show them freely.
What I can do, and do all the time, is sit down with an owner privately and go through the relevant sold data unit by unit. That's what a valuation is. You get the comparables, the adjustments, and the reasoning, written down so you can check my work rather than take my word for it.
To be clear about what it is: a comparative market analysis is an agent's opinion of value. If you need a number for a lender or a legal matter, that's an appraisal by a licensed appraiser, which is a different document. I'll tell you which one you actually need.
I'm a real estate agent with Big City Realty Inc., Brokerage. If you're thinking about selling generally, the seller page covers the process, and closing costs covers what comes off the top.
Also useful: selling with me, the closing cost calculator, and what condo fees cover.
Under Ontario's advertising rules I cannot publish a transacted price on a public web page without consent from both sides of that deal. What I can do is walk you through the relevant data privately, in a valuation prepared for you. That is a normal part of the job and there is nothing unusual about it.
Three sources, weighted. The sister tower at 33 Frederick Todd Way, which has been occupied since roughly 2023, in the same community, from the same developer, with the same transit access. Nearby Leaside and Eglinton condo buildings at a similar age and finish level. And assignment activity, at this address or in comparable new buildings nearby, which is the closest read on what a buyer will pay before registration.
Floor and exposure first, since the difference between a low north-facing unit and a high south-facing one with the same plan is real money. Then the layout itself, because usable square footage matters more than the number on the floor plan. Then size, parking and a locker, all three of which carry their own value and are scarce in newer buildings. Balcony or terrace size and any upgrades chosen at the decor centre round it out.
Registration is when the condominium corporation legally comes into existence and title to your unit can actually be transferred to you. Until then you are in interim occupancy, paying an occupancy fee rather than a mortgage, and you cannot sell the unit as a resale, only assign your purchase agreement. After final closing the unit becomes a normal resale condo: it can be listed on MLS like any other, and pricing gets much less theoretical.
Yes, both. The planned amenity package here is large, roughly 10,000 square feet including a concierge, fitness and yoga space, a hydrotherapy spa and sauna, co-working lounge, private dining and an outdoor garden, and some of it was still being finished as of September 2026. Buyers price what is open, not what is promised. The monthly fee matters too, because a buyer's lender sizes their mortgage around it. I have not published a fee figure for this building because I do not have a verified one. Your status certificate and declaration will give you the real number.
No. What I prepare is a comparative market analysis: an agent's opinion of value based on comparable properties, written up so you can see the reasoning. An appraisal is a separate report by a licensed appraiser, and it is what a lender will want for financing. A valuation tells you what the market would likely pay. If you need a number for a bank or for a legal matter, you want an appraiser.
You'll get a range, the comparables behind it, and the adjustments I made to get there. In writing, so you can check the reasoning. Free, no obligation, and no pressure to list.