New Condos For Sale in Scarborough
About The New Condos In Scarborough
New condos in Scarborough
Scarborough is an administrative district in Canada, located at the eastern end of Toronto, from Victoria Park Avenue to the Rouge River (east), and Lake Ontario (south).
People admire this area for its gorgeous natural scenery, which played a significant role in the district becoming the hotspot for any new condo project today.
Living in Scarborough, Torontonians can stay in touch with nature by exploring the giant clay cliffs of Scarborough Bluffs or strolling along Highland Creek and admiring its natural beauty. Moreover, North York, as well as East York, are also in the west of this master-planned community.
Scarborough is a burgeoning urban haven of the city sitting in the middle of the Danforth Village plus the beaches. Further, the area features several structures, including residential condo developments, shopping malls, high-rise office buildings, low-rise residential buildings, educational and recreational facilities, and a Government of Canada office. In addition, many new pre-construction condominium developments are coming soon too.
One of the main landmarks in the district is the Town Centre Mall, which helped in making the neighbourhood what it is today. In addition, for many local residents, the Scarborough Town Centre is the focal point of the city and is where you’ll find Scarborough Centre Station as well.
As awesome as the man-made structures are, people also love the natural wonders of the Toronto Zoo, at the east end of the area.
Residential Property Ownership
Residential property ownership in Scarborough is relatively high. For instance, the average household income in the area was estimated to be $63,085 annually.
The district’s real estate market includes numerous condominiums, with some innovative pre-construction condo development coming soon too. Also, condos in Scarborough are available in several sizes offering one to three-bedroom options, and amenities such as a sauna, a swimming pool, tennis courts, etc.
Currently, the average price for “coming soon” condos in Scarborough’s City Centre is estimated to be $433,358, a 16% real estate price increase from the previous years. So, spending on a new condo in Scarborough is a great investment as the price steadily increases and is pretty affordable than units in downtown Toronto.
Indeed, it is expected that the sale of pre-construction condos. The housing units in the area will flourish over the next few years.
Scarborough also offers reliable transportation solutions from Victoria Park Ave E Scarborough to Lake Ontario for residents who rely on public transit. Likewise, you will find three subway stations dedicated to cover this suburb – Warden, Kennedy Station, as well as the famous Victoria Ave.
TTC buses and the Scarborough RT Line provide quick and convenient connections to the subway line. Scarborough LRT begins at Kennedy Terminal. Moreover, the GO Transit system runs seven GO train stations including two major passenger train routes that travel through Scarborough.
For individuals living in Scarborough with private cars, several arterial roadways offer quick access to neighbouring areas, as well as Highway 401, which is not too far away. There are many transportation alternatives to move to the downtown core too.
Other Factors To Consider
Centennial College lies in the eastern region of the neighbourhood. It is a popular choice among Scarborough residents for higher education. Certainly, it was ranked as one of the top research colleges in Canada and currently hosts 40,000 students.
The area is also an attractive and convenient alternative to living in the bustling city areas of Toronto. Amenities range from luxury pools that are great for cooling off on warm Scarborough summer days to outdoor terraces that offer a great view of the area. So, most Scarborough condos at the pre construction stage will boast fully-equipped fitness centers and spas. Thus, the residents can choose to either work up a sweat or relax after a long day.
List Of New Condo Development Projects In Scarborough
Some of the new condos for sale in Scarborough are:
- Courcelette condos by Windmill Developments Group
- Borough Condos by G Group Development Corp
- Tricycle Condos by Lash Group
- Eglinton Square Condos by Kingsett Capital
- Merge Condos by LCH Developments
- Narrative Condos by Crown Communities
- East 3220 Condos by Quadcam Development Group
- Highland commons condos by Altree Developments
- Birchcliff Townhomes by Core development group
- Manderley Condos by Nova ridge development partners
- MILA by Madison group
- Terrasse At The Hunt Club
- Presto Townhome development by Ambria Homes
- Perch Townhouse Development by Firmland Group
- 3310 Kingston Rd, 2567 Eglinton Ave E, & 4631 Steeles Ave E by TBA
- 3355 Kingston Rd by KAD Development
- 4206 Kingston Road by Angil Development
- 1125 Markham Rd by Arya Corporation
- 1940 Lawrence Avenue East by Golden City Development
So, are you planning to explore Scarborough new condos? Contact PreCondo to know the square foot plans, average selling price, and a lot more about them.