New Condos for Sale in Don Mills and Eglinton

Don Mills and Eglinton’s Real Estate Market Overview

Don Mills and Eglinton is a thriving area in Toronto, celebrated for its diverse selection of new condos for sale. This neighborhood is a vibrant hub of residential and commercial activity, offering modern developments that blend comfort and convenience.

Nestled near the Don Valley Parkway, the area provides easy access to Toronto, making it a prime choice for professionals and families.

Don Mills condos are highly sought after, with the real estate market presenting a wide range of options. Whether you’re looking for a new listing in a bustling neighborhood or a serene retreat within green spaces, this area caters to all.

Properties boast state-of-the-art building amenities and are strategically located near parks, schools, and shops. Developments along Eglinton Avenue and Don Mills Road offer smart home technology and community spaces, enhancing residents’ lifestyles.

Why Invest in Don Mills Pre-Construction Condos

Don Mills condos, especially pre-construction developments, are excellent investment opportunities in Toronto. Situated in a master-planned community, these condos offer a vibrant living experience, blending urban life with natural surroundings.

The Don Valley is nearby for outdoor activities, and the Eglinton Crosstown LRT provides easy access to the downtown core, enhancing connectivity.

Investing in new condos for sale in Don Mills and Eglinton offers modern design and energy-efficient features. Luxurious amenities include fitness centers, rooftop lounges, and community spaces.

Residents enjoy nearby shops, restaurants, and cultural landmarks like the Aga Khan Museum. The area’s ongoing developments ensure continuous growth, making it a top location for property investment.

For long-term gains, Don Mills offers stability and potential appreciation. With the Eglinton Crosstown LRT nearing completion, neighborhoods are becoming more desirable, making pre-construction condos a smart financial move.

What’s the Average Condo Price in Don Mills and Eglinton?

The average condo price in Don Mills and Eglinton reflects the area’s rising demand and prime location. Don Mills condos, especially new listings, start in the mid-$600,000s for compact units with one bedroom and limited space.

Larger units with multiple bedrooms can exceed $1 million, particularly in buildings offering premium building amenities and views of the Don Valley.

Don Mills condos are a more affordable option compared to downtown Toronto properties, making them an attractive choice for buyers seeking proximity to the city without the high costs.

The cost of a condo also depends on its location and proximity to amenities like parks and schools. For instance, condos situated closer to Eglinton Avenue or York Mills Road often command higher prices due to easy access to key areas.

With competitive pricing and easy access to amenities, Don Mills and Eglinton is an appealing choice in Toronto’s real estate market.

Accessibility/Getting Around

Don Mills and Eglinton is one of the most accessible neighborhoods in Toronto, with easy access to major highways like the Don Valley Parkway.

The area is also well-served by public transportation, including the Eglinton Crosstown LRT, which ensures a seamless connection to downtown Toronto and other parts of the city.

For those who enjoy walking, the area offers a pedestrian-friendly layout. Many shops, schools, and restaurants are just a short walk away, enhancing the overall living experience for residents.

Eglinton Avenue and Don Mills Road are key intersections that connect residents to the surrounding neighborhoods and major commercial hubs.

The neighborhood’s excellent accessibility makes it an ideal location for both daily commuters and families seeking convenience.

Popular Neighborhoods in Don Mills

• Don Mills: A vibrant and dynamic area with a perfect blend of residential and commercial developments. Don Mills offers modern condos with building amenities that suit a variety of lifestyles. The neighborhood is surrounded by parks, making it an excellent choice for families and outdoor enthusiasts.
• York Mills Road: This area is a hub of activity, with a mix of luxury condos and affordable units. Situated near major highways and transit routes, York Mills Road provides residents with easy access to the downtown core and the rest of the city.
• North York: Known for its diverse properties, North York is a desirable neighborhood that offers a variety of condos for sale. With proximity to the Aga Khan Museum and Don Valley, residents enjoy a mix of cultural attractions and outdoor activities.
• Eglinton Avenue: A bustling area filled with new developments, Eglinton Avenue is perfect for those who enjoy urban living. The nearby Eglinton Crosstown LRT ensures easy access to shopping, dining, and entertainment.

FAQs

What’s the Minimum Down Payment for a Condo in Don Mills?

In Ontario, the minimum down payment for condos depends on the price of the property. For condos under $500,000, buyers are required to pay a minimum of 5%. For properties exceeding $500,000, the down payment increases to 10% for the portion above $500,000.

What Are the Closing Costs for Condos in Don Mills?

Closing costs for condos in Don Mills and Eglinton typically range from 1.5% to 4% of the purchase price. These costs include legal fees, land transfer tax, and adjustments for prepaid utilities or taxes. It is important for buyers to factor these costs into their budget when exploring new condos for sale.

What Are the Typical Maintenance Fees for Don Mills Condos?

Maintenance fees for Don Mills condos usually fall between $0.50 and $0.80 per square foot. These fees cover building amenities, maintenance of shared spaces, and sometimes even utilities. The cost may vary depending on the size of the unit and the age of the building.