New Condos For Sale in Toronto
About New Condos for Sale in Toronto, Ontario
Besides being the capital city of Ontario, Toronto is Canada’s financial centre and business capital area. The city has a thriving job market, lively neighbourhoods, and an excellent transportation system around Lake Ontario. Thus, the luxury condos are among the most sought-after new condo developments in today’s market, especially for most high rise condominiums.
The Toronto real estate market keeps soaring due to new condo developments. Contrarily, there are also low-rise condos plus condo townhomes in the downtown core. It’s a convenient situation since it allows aspiring luxury condo owners access to more amenities.
Moreover, each condo owner can avail luxurious amenities in the Toronto new condo projects, such as swimming pools, outdoor terraces, guest suites, security services, etc. Having these ensures the average condo prices in the city’s luxury condo market per square foot remain profitable.
The Toronto Condo Market
Toronto condos have some of the most stunning venues with soaring skyscrapers for the Toronto residents to enjoy the Toronto skyline. From Hollywood North to Hogtown, you will find almost everything in these condos. This makes it the most desired location and a big-time city abuzz for all buyers and developers of luxury condominiums.
Artistry condos, United bldg condos, and popular condominium residences for sale are all located near the Joseph’s Health Centre. These luxury condos are some of the best offerings for any aspiring home owner.
A precursor to buying pre-construction condos with the city’s educational standards and private schools is transit. Being among the top global cities, Toronto is also one of the most accessible cities in North America. Besides New York City and Mexico City, this megacity boasts the most prominent public transit system with the Toronto Transit Commission (TTC), one of the largest public transit system options around.
The Path System is the largest underground pedestrian walkway with a transportation system that links North America’s twenty parking garages, railway terminals, approximately fifty office towers, and six subway station options.
One of the town’s busiest commuter lots is situated at Yonge Street and Bloor Street. You can always have buses, taxis, and streetcars as transit options in downtown Toronto. Moreover, the transit system is likely to develop, thanks to the master-planned community of the new condo developments in Toronto.
A project worth noting is the upcoming underground Gardiner Park. The other proposed bike paths for respective owners and new LRT lines will also prepare the city for a more pedestrian-friendly streetscape. It could further raise the prices for pre-construction condos, Toronto, per square foot.
Average Price
In Toronto’s pre-construction stage, the average condo price per square foot of the units is $1050. Currently, the average resale condo price is around $986,085. This pre-construction condos price is expected to appreciate, so it’s best to consider investing in them as soon as possible.
List of New Condos
The city is sure to offer more advanced facilities with affordable condo prices for big-city living. And the more it does, the more it can contribute to Toronto’s growth and thus inflate the average resale price for luxury condos per square foot.
Here are some new pre-construction condo listings coming soon:
- The Frederick condos:
A new condo development, these condos developed by Camrost Felcorp is in the pre construction phase, located at 939 Eglinton Ave E, Toronto, ON. - The Alias condos by Madison Group:
A new condominium development, this new condo project will be located at 114 Church St. Toronto.
Get in touch with us for instant updates on luxury condo prices, townhome prices, the sale price and other details of any Toronto pre construction condos or resale condos in Toronto, North York, Richmond Hill or nearby areas.