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Vaughan
D’or Condos is a new condo development by Cityzen Development Group and Fernbrook Homes. Prices are estimated to be starting from $300,000 to over $1,300,000. D’or is estimated to be completed in 2022 and will be located on Bathurst Street in Vaughan.
Nearby parks include Promenade Park and close proximity to YRT Transit...
6 Jun, 18 -
Toronto
The Stockton is a new condo development by Block Developments. Prices are estimated to be starting at $400,000+. The Stockton is estimated to be completed in 2021 and will be located at The Junction in Toronto. The Stockton also has nearby public parks such as Rita Cox Park and also has transportation options such as Bloor G...
1 Jun, 18 -
Toronto
XO is a new condo development by Lifetime Developments. Prices are estimated to be starting at $400,000+. XO is estimated to be completed in 2021 and will be located at 1221 King Street West in Toronto.
...1 Jun, 18 -
Etobicoke
The Queensview at Backyard is a new condo development by VANDYK Group of Companies. Prices are estimated to be starting at $400,000+ and will also have a total of 134 units at 10 stories. The Queensview at Backyard is estimated to be completed in 2021 and will be located on Stephen Drive in Etobicoke. The Queensview at Backy...
29 May, 18 -
Toronto
Aqualuna is a new condo development by Tridel and Hines. Prices are estimated to be starting at $500,000+ and will feature a total of 225 units at 16 stories. Aqualuna is estimated to be completed in 2022 and will be located at Merchants' Wharf in Toronto. Aqualuna also has nearby public parks such as Sherbourne Common and a...
15 May, 18 -
Toronto
Prime is a new condo development by CentreCourt Developments. Prices are estimated to be starting at $400,000+ and will have a total of 506 units at 50 stories. Prime is estimated to be completed in 2021. Prime will be located on 319 Jarvis Street in Toronto. Prime also has nearby public parks such as Allan Gardens and also ...
11 May, 18 -
Mississauga
Erin Square Condos is a new high-rise two-phased condo project by Pemberton. The project is estimated to be released soon and sizes will be starting from 600 Sqft to over 1,000 Sqft. Followed by the recent success of Mills Square and Downtown Erin Mills, Erin Square would be 5th and 6th newest building by Pemberton Group and...
4 May, 18 -
Toronto
East Junction is a new condo development by Limen. Prices are estimated to be starting at $300,000+ and will have over 300 units. East Junction is estimated to be completed in 2021 and will be located on Symington Avenue in Toronto. East Junction will be located near Symington Avenue Playground and Bloor GO Station.
...27 Apr, 18 -
Toronto
Scout is a new condo development by Graywood Developments. Prices are estimated to be starting at $400,000+ and will have a total of 261 units at 12 stories. Scout is estimated to be completed in 2021 and will be located on 1779 St Clair Ave W in Toronto. Scout has nearby public parks such as Sadra Park and also has transpor...
25 Apr, 18 -
Toronto
Lakeside Residences is a new condo development by Greenland Group. Prices are estimated to be starting at $400,000+ and has a total of 1148 units at 49 stories. 215 Lakeshore Blvd is estimated to be completed in 2020 and will be located on 215 Lakeshore Blvd East in Toronto. Lakeside Condos also has nearby public parks and t...
25 Apr, 18 -
Toronto
Southport Square is a new condo development by State Building Group. Prices are estimated to be starting at $400,000+ and will have a total of 550 units at 30 stories. Southport Square is estimated to be completed in 2021 and will be located on 34 Southport St in Toronto. Southport Square has nearby public parks such as Sout...
21 Apr, 18 -
Toronto
Peter & Richmond is a new condo development by Carlyle Communities, Fortress Real Developments and Berkley Homes. Prices are estimated to be starting at $400,000+ and will have a total of 425 units at 44 stories. Peter & Richmond is estimated to be completed in 2021 and will be located on 124 Peter Street in Toronto. Peter &...
20 Apr, 18 -
Toronto
Corktown is a new condo development by Alterra. Prices are estimated to be starting at $400,000+ and will have a total of 331 units at 12 stories. Corktown is estimated to be completed in 2020 and will be located on 8 Eastern Avenue in Toronto. Corktown has nearby public parks such as Corktown Common and also has transportat...
20 Apr, 18 -
Toronto
UOVO Boutique Residences is a new low-rise boutique condo development. Prices estimated to be starting from $600,000's to $2,000,000, the project will feature 67 luxury units at 11 storeys. Uovo is estimated to be completed in 2020, The project will be minutes to the Eglinton TTC Subway station and nearby Eglinton Park. UOVO...
20 Apr, 18 -
North York
The Keeley (3100 Keele Street) is a new condo and townhouse development by TAS Design Build. Prices are estimated to be starting from $300,000+ and will feature 270 units at 11 storeys, This development will be located near Downsview Park and will be a short bus or shuttle ride to the Sheppard West TTC Subway Station. The Ke...
20 Apr, 18 -
North York
Auberge On The Park II is a new condo and townhouse development by Tridel. Prices are estimated to be starting at $400,000+ and will have a total of 215 units at 29 stories. Auberge On The Park II is estimated to be completed in 2020 and will be located on Leslie Street in Toronto. Auberge On The Park II has nearby public pa...
2 Apr, 18 -
Toronto
50 Scollard is a new condo development by Lanterra Developments. Prices are estimated to be starting at $1,000,000+ and will have a total of 112 units at 41 stories. 50 Scollard is estimated to be completed in 2022 and will be located on 50 Scollard Street in Toronto. 50 Scollard has nearby public parks such as Jesse Ketchum...
2 Apr, 18 -
Toronto
Playground is a new condo development by Cityzen Development Group. Prices are estimated to be starting at $300,000 - $1,000,000. Playground is estimated to be completed in 2019 and will be located on Strachan Avenue in Toronto. Playground also has nearby public parks such as Stanley Park and also has transportation options ...
2 Apr, 18 -
Toronto
Birchcliff Urban Towns is a new stacked townhouse development by Core Developments. Prices are estimated to be starting at $500,000+ 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. These urban tow...
28 Mar, 18 -
Toronto
300 Bloor West is a new condo development by Collecdev. Prices are estimated to be starting at $400,000+ and will have a total of 259 units at 35 stories. 300 Bloor West is estimated to be completed in 2020 and will be located on 300 Bloor West in Toronto. 300 Bloor West has nearby public parks such as Philosopher’s Park and...
23 Mar, 18 -
Toronto
Central is a new condo development by Concord Adex. Prices are estimated to be starting from $400,000+. Central is estimated to be completed in 2022 and will be located at 38 Widmer Street in Toronto. Central also has nearby public parks such as Grange Park and also has transportation options such as Osgoode TTC Station.
...22 Mar, 18 -
Toronto
Sugar Wharf Condos is a new high-rise condo development by Menkes Developments Ltd. Price estimated to be starting from $400,000 to over $2,000,000. The project will be a 5 tower multi-phased project featuring Menkes known long-lasting amenities and outdoor space. Sugar Wharf is estimated to be completed in 2022 and will be ...
22 Mar, 18 -
Toronto
The Prestige is a new condo development by Pinnacle International. Prices are starting at $600,000+ and will have a total of 3,885 units at 95 stories. The Prestige is estimated to be completed in 2020 and will be located on 1 Yonge Street in Toronto. The Prestige has nearby public parks such as Sugar Beach Park and also has...
19 Mar, 18 -
Toronto
The Towns of Riverdale is a new townhome development by Crown Communities and Landmark Devco. Prices are estimated to be starting from $900,000+ and will have a total of 71 units. The Towns of Riverdale is estimated to be completed in 2020 and will be located at 485 Logan Avenue in Toronto. The Towns of Riverdale also has ne...
16 Mar, 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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