In what will come as a shock to no one that lives in a Toronto condo, the average unit size has shrunk significantly over the past 25 years.

The average condo built in Toronto during the 1990s was a roomy 1,010 square feet. But, amongst those built since 2017, the average size is just 659 square feet — a 35 per cent decrease.

New data from the Municipal Property Assessment Corporation (MPAC) found that in Mississauga, condos have shrunk 25 per cent in 25 years, dropping to an average of 758 square feet. At 716 square feet, condos in Vaughan are 42 per cent smaller than they were in the '90s.

Markham has seen the most significant decline in the province. The average unit built in the city in the '90s was 1,401 square feet there, while those completed since 2017 are only 772 square feet, representing a 45 per cent drop.

Toronto's current average condo size of 850 square feet is the smallest in Ontario, MPAC noted.

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