New Condos For Sale in Innisfil
New Condos in Innisfil, Ontario
Innisfil is a small community in Simcoe County.
Located at Lake Simcoe West of Canada, this city is full of property developments, and agricultural sites.
Adding to these, the exciting Innisfil beach views and biking trails make the town a best place for construction of new condos and townhomes in Canada.
The population of the city of Innisfil is currently quite modest.
This municipality covers 262 square kilometres, almost the same area as Mississauga.
Mississauga has a capacity of 800,000 people. On the other hand, Innisfil has a combined population of 37,000.
This signifies that there are plenty of undeveloped areas with a lot of space to move.
Innisfil had a census of 36,566 people in 2016, according to Statistics Canada, up 11 per cent from 2011.
According to a 2016 report, the total employed population was 20,135, resulting in a 63.8 per cent employment rate.
Innisfil has a reputation for being a tourist town. In fact, 82 percent of Innisfil residents commute to work.
Real Estate Market in Innisfil
All pre-construction home types for sale have a median price per square foot of CAD 620. In the last ten years, it has been up by 6.8 per cent.
Innisfil’s typical resale price for all dwelling units for sale, including condominiums, is currently about CAD 678,601.
And, the average rental price is currently CAD 2,200, with a 5.6 per cent annual appreciation record over the last ten years.
The vacancy rate for apartments on sale is presently at 2.3 per cent, indicating that demand is still high in the town.
Living in Innisfil
Innisfil is full of local amenities with various retail, and eating options. So, residents can expect easy access to all types of services.
This land is also recognised for its beautiful natural sceneries. It’s because of its location where lush green farms are enormous.
Throughout the summer, the shoreline is bustling with locals and tourists alike, who come to enjoy the sun, grill stations, and water sports.
As if that wasn’t sufficient, the city just welcomed a new development called Friday Harbour Resort.
Developer Geranium Corporation is in charge of this coming soon beautiful oasis which is near the Greater Toronto Area.
This Innisfil address will have all types of games, shops, and restaurants to cherish.
And, with this, citizens from all over the country can come and surely plan to get a new home as a condo in this neighbourhood.
List of Innisfil New Condos
Here is the list of two coming soon condo developments in the city of Canada
The Orbit Condos
Developed by the Cortel Group, Orbit condos is the area’s first master-planned community. You can also call it the Smart City of Innisfil.
This new home development construction makes use of updated technology as well as a speedy, secure fibre-optic network.
Moreover, this project is expected to attract 150,000 additional residents and will include office, commercial, leisure, and community space.
Cortel Group, in collaboration with the Town, plans to have the construction of this building styled by award-winning designers Partisans.
Future citizens will be able to dine, live, work, buy, and play in this extraordinary development by the Cortel group.
So, first-time home buyers must go for a suite in the Orbit condos. And, other investors must think about this location to invest in their further serious construction.
Developer Terranata Developments, this condo tower construction is coming soon to 1090 Innisfil Rd.
Located in a family-friendly area, this building will be nearer to various public transit options that will help reach the Greater Toronto Area.
Several motorways are also easily available from here, enabling inhabitants to travel throughout the town and the GTA.
Have an interest in any of these condo listings in Innisfil? Contact us today to get your platinum access to all promotional materials on every condo unit.