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Toronto
CRU 11 Yorkville Condos is a new Condo development by Metropia, RioCan Living & Capital Developments. Prices are estimated to be starting from $400,000 and will feature 716 units at 62 storeys. CRU 11 Yorkville Condos is nearby Harold Town Park and the Yonge St. At Yorkville Ave. The project is estimated to be completed by 2...
13 Jan, 19 -
Etobicoke
The Mimico is a new single family home & townhouse townhouse development by Allegra Homes. Prices estimated to be starting from $1,000,000 and will feature 30 units. The Mimico is nearby Queens Park and the Mimico Train Station. The project is estimated to be completed in 2021 and will be located at 1 Blue Goose St in the Mi...
9 Jan, 19 -
Mississauga
Parc Towns is a new townhouse townhouse development by The Daniels Corporation. Prices estimated to be starting from $1,000,000. Parc Towns is nearby Woodland Chase Park and the Erin Mills Station . The project is estimated to be completed in 2021 and will be located at Eglinton & Erin Mills, Missisauga in the Erin Mills nei...
9 Jan, 19 -
North York
Azura is a new condo development by Capital Developments. Prices estimated to be starting from $400,000 - $1,000,000 and will feature 339 units at 29 storeys. Azura is nearby Northtown Park and the Yonge St. TTC bus line. The project is estimated to be completed in 2022 and will be located at 15 Holmes Avenue, North York in ...
13 Dec, 18 -
Toronto
The United Bldg. Condos is a new Condo development by Davpart Inc. Prices are estimated to be starting from $400,000 and will feature 748 units at 55 storeys. The United Bldg. Condos is nearby Larry Sefton Park and the University Ave At Dundas St West North Side. The project is estimated to be completed by 2022 and will be l...
7 Dec, 18 -
Toronto
Y&S Condos is a new Condo development by Tribute Communities. Prices are estimated to be starting from $400,000 and will feature 288 units at 36 storeys. Y&S Condos is nearby Eglinton Park and the 2190 Yonge St. The project is estimated to be completed by 2022 and will be located at 2161 Yonge Street in the Yonge & Eglinton...
5 Dec, 18 -
Toronto
Distrikt Forest Hill is a new lowrise Townhouse development by Distrikt Developments. Prices estimated to be starting from $2,000,000 and will feature 45 units at 4 storeys. Distrikt Forest Hill is nearby Cedarvale Park and the 7 Bathurst bus line. The project is estimated to be completed in 2020 and will be located at Elder...
29 Nov, 18 -
Mississauga
Keystone Condos is a new high-rise condo development by Kaneff Corporation. Prices estimated to be starting from the $400,000's the development will feature 555 units over two 20 and 23 storey towers on ravine location with panoramic views. Keystone Condos is estimated to release in 2021 and will be located on 202 Burnhamtho...
19 Nov, 18 -
Toronto
River & Fifth Condos is a new Condo development by Broccolini. Prices are estimated to be starting from $400,000 and will feature 560 units at 37 storeys. River & Fifth Condos is nearby Regent Park North and the Dundas St East At River St. The project is estimated to be completed by 2022 and will be located at 5 Defries Stre...
12 Nov, 18 -
Oakville
The Branch Condos is a new condo development by Zancor Homes. Prices are estimated to be starting from $400,000 and will feature 329 units at 8 storeys. The Branch Condos is nearby Valleyridge Park and the Pine Glen Rd and Old Bronte Rd. The project is estimated to be completed in 2022 and will be located at 2444 Old Bronte ...
12 Nov, 18 -
North York
Spirits Condominiums is a new condo development by Lanterra Developments. Prices estimated to be starting from $400,000. Spirits Condominiums is nearby the Toronto Botanical Gardens and the Lawrence Ave TTC bus line. The project is estimated to be completed in 2022 and will be located at 169 The Donway West in the Don Mills ...
7 Nov, 18 -
Toronto
YSL Residences (Yonge Street Living) is a new high-rise, two-phased condo development by Cresford Development Corporation. Prices estimated to be starting from the high $400,000's, YSL will feature 1106 units between two buildings at 73 Storeys. Just within walking distance will be the TTC transit and close proximity to Ryer...
1 Nov, 18 -
Mississauga
Lakeview Village is a new Condo & Townhouse development by Greenpark Group. Prices are estimated to be starting from $400,000 and will feature 8,000 units. Lakeview Village is nearby Lakeview Park and the Lakeshore Road East & Hydro Road, the project is estimated to be completed by 2023 and will be located at 800 Hydro Road ...
30 Oct, 18 -
Toronto
Birchcliff Urban Towns is a new stacked townhouse development by Core Developments. Prices are estimated to be starting at $550,000 - $800,000+ and the project will have a total of 52 units at 4 storeys. Birchcliff Urban Towns is estimated to be completed in 2020 and will be located on 35 Birchcliff Avenue, Scarborough. Thes...
29 Oct, 18 -
Mississauga
Tanu Condos and Towns is a new boutique development by Edenshaw. Prices estimated to be starting from $400,000 to over $1,300,000. Tanu Condos is estimated to launch in late fall 2018 and is estimated to be completed in 2021. Located in Port Credit, the project features 204 units including 6 townhome plans. The project offer...
23 Oct, 18 -
Mississauga
Tanu Towns is a new boutique condo townhouse development by Edenshaw. Prices estimated to be starting from $1,280,000+. Tanu Towns is estimated to be completed in 2022. Located in Port Credit, the project features 6 luxury townhome plans. Tanu Towns will be located on 21 Park Street in Port Credit in Mississauga.
...18 Oct, 18 -
Toronto
Tricycle Condominiums is a new Condo development by Lash Group of Companies. Prices are estimated to be starting from $400,000 and will feature 380 units. Tricycle Condominiums is located nearby Confederation Park and the Markham Rd At Ellesmere Rd, the project is estimated to be completed in 2022 and will be located on 1151...
15 Oct, 18 -
North York
Verdé Condos is a new high-rise condo development by FRAM Building Group. Prices are estimated to be starting from $400,000 and will feature 374 units. Verdé Condos is nearby Muirhead Park and the Don Mills TTC, the project is estimated to be completed by 2022 and will be located on 188 Fairview Mall Drive at the Donvalley V...
1 Oct, 18 -
Mississauga
Eleven11 Clarkson Towns is a new townhome development by Saxon Developments. Prices are estimated to be starting from $500,000 and will feature 136 units. Eleven11 Clarkson Towns is nearby Birchwood Park. The project is estimated to be completed by 2020 and will be located on 1111 Clarkson Road North in the Clarkson neighbou...
1 Oct, 18 -
North York
King's Landing is a new condo development by Concord Adex. Prices are estimated to be starting from $400,000. King's Landing is nearby Ambrose Parkette and Bessarion, the project is estimated to be completed by 2022 and will be located on Concord Park Place Community at Esther Shiner Boulevard near the Bayview Village neighb...
28 Sep, 18 -
North York
Pinnacle Toronto East is a new condo development by Pinnacle International. Prices are estimated to be starting from $400,000. Pinnacle Toronto East is nearby Bridlewood Park and the Sheppard TTC Bus. The project is estimated to be completed by 2022 and will be located at 3260 Sheppard Ave East, Toronto, ON at the Sullivan n...
25 Sep, 18 -
Toronto
Elevate Towns is a new townhouse development by Kaleido Corporation. Prices are estimated to be starting at $1,000,000 and will have a total of 41 units at 5 stories. Elevate Towns is still in pre-construction and will be located at 485 Logan Avenue, Toronto, ON.
...19 Sep, 18 -
Toronto
Line 5 is a new high-rise condo development by Reserve Properties. Prices estimated to be starting from $400,000 and will feature 450 units at 36 storeys. Line 5 is nearby Eglinton Park and the Yonge & Eglinton TTC, the project is estimated to be completed in 2022 and will be located on 117 Broadway Avenue at the Yonge & Egl...
18 Sep, 18 -
Toronto
King Toronto is a new high-rise condo development by Westbank and Allied. Prices estimated to be starting from $400,000 and will feature 514 units at 16 storeys. King Toronto is nearby Clarence Square Park and the King TTC Streetcar, the project is estimated to be completed in 2022 and will be located on 533 King Street West...
11 Sep, 18
Condo Market Forecast 2017
GTA Home buyers have been shifting from detached homes and low rise dwellings in particular for a number of years. This has been an ongoing trend due to the price escalation in the real estate market and it doesn't seem as though prices are going to stop rising in the near future. Condos are the best way to get into the real estate market in Toronto and the GTA and to start building up equity in a property.
In 2016 there were 27,217 condo units sold in the GTA. This represented a rise of 34% and it was a record-breaking year. In 2017, the sales may not be as high only due to a lack of inventory. It's expected that more condo projects will be launched this year in response to current market conditions and the demand for more condos.
With condos being so much more affordable than detached homes, a shift has taken place into 2-bedroom units. While one-bedroom condos were popular approximately 5 years ago, more and more families and couples are searching for these 2 bedroom condos. It's expected that the demand for these larger 2 - 3 bedroom condos will continue this year.
The CMHC has issued a statement recently saying that the condo market in Toronto is not overbuilt and we can safely assume that a condo bubble in Toronto is highly unlikely. While you may hear forecasters reporting that there is a developing real estate bubble in the Toronto area, it does not necessarily mean that condos would be affected if this did occur. Condos are a hot commodity and are expected to remain that way for a number of years going forward.
In terms of cost, it's not expected that we will see any major spikes in price this year for condos across the Greater Toronto Area. In the Toronto downtown core, however, price increases are expected both this year and next.
Now is a great time to buy a condo and get your foot in the door of the Toronto real estate market before prices go any higher. Building up equity in a home is one of the best ways to acquire a valuable nest egg for your retirement. To search for condos and to sort through them according to specific categories, please continue searching www.condoroyalty.com. Here you can find the condo of your dreams while making an important investment for the future.
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