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Toronto New Condos for Sale

Why Should You Invest In Toronto Real Estate?

The city has experienced a period of architectural resurrection. This is because several buildings that were designed by world renowned architects were completed throughout the late 2000's. Imagine living in one of the many landmark condos in Toronto's downtown core, or one of its many surrounding neighbourhoods - it's enough to take your breath away.

It is projected that by 2020, Toronto will have the most high-rise condominiums in the world. Young single professionals between the ages of 25-35 prefer the downtown core as their desired location to live; exactly where the city's condo market has exploded over the last decade. There is an abundance of new pre-constructed condos for sale, and this will add to Toronto's growth, competitive edge and quality of life. For those who love big cities like New York and Los Angeles but with less crime -Toronto is a great fit.

Average Price of Condos in Downtown Toronto


up 24.3 percent compared to 2016. The average index selling price for condo units continued to grow, rising between 20% to 21% year-over-year. Price growth was stronger in the core where supply has become more strained, with sold index prices up between 22% to 25% annually. In the pre-construction sector, the average price was $733 per square foot in the City of Toronto, and the average selling price rose 24% annually to $510,000 while the square foot average value increased by 28%. The GTA is currently averaging $694 per square foot, rising 5% over 2016 launch prices at $659 per square foot.

Toronto, A Dynamic, Diverse, Rising City with an Optimal Business Environment

Toronto is Canada's economic powerhouse and its largest city, it is also North America's fourth most populous municipality. It is bordered by Steeles Avenue to the north, the Rouge River to the east, Lake Ontario to the south and Etobicoke Creek/Highway 427 to the west. It is home to a diverse population of about 2.8 million people.

Toronto is a lively, bustling metropolis with a core of soaring skyscrapers, multi-storey condominiums, and office towers, but they are all overshadowed by the iconic CN Tower. Toronto is a dynamic, diverse, rising city that provides an optimal business environment for companies looking for a competitive edge, since it is Canada's financial and business capital.

Toronto is rated as one of the top  global cities with economic clout, only behind New York. It's a global centre for finance, business, arts and culture, and it is consistently ranked one of the world's most liveable cities in the world.

Toronto:

Canada's economic powerhouse
North America's fifth most populous municipality.
③ Home to a diverse population of about 2.8 million people.
A dynamic, diverse, rising city with optimal business environment
Canada's Financial and business capital

According to Statistics Canada Labour Force Survey data, over 1.26 million of Toronto residents are employed.  Eighty-five percent of City’s residents work in the service-producing industries.

The economic outlook for 2017 is for employment to continue increasing at a rapid pace, while the unemployment rate is expected to fall well below eight percent. The housing market enterprise will continue to increase, with continued growth in prices, sales and construction.

This awe-inspiring city has virtually everything you could ever want or need within a small radius. There is always something going on every weekend throughout the year, but it is the summer when the city comes alive with multiple festivals and events happening simultaneously.

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Accessibility / Getting Around

Toronto is one of the most accessible cities in North America. The TTC (Toronto Transit Commission) is a great option to get in and around the city. Their fleet consists of subways, streetcars and buses. Toronto has North America's third largest public transit system after New York City and Mexico City.

Another advantage is to use the PATH system, which is the largest underground pedestrian walkway in North America. It connects 1200 restaurants and stores, approximately fifty office towers, twenty parking garages, six subway stations and a railway terminal over its; 28 km span. Each letter in PATH embodies a different colour, each representing a direction. The P is red, which represents south. The orange A directs pedestrians to the west, while the blue T directs them north. The yellow H which points to the east.

Another  project worth noting is the incoming Under Gardiner Park. New LRT lines and bike lanes will be implemented in dedication to creating a more pedestrian-friendly streetscape.

The city is easy to maneuver with a durable grid street design, it’s one of the most extensive public transit systems in North America and has a large number of  concentrated walkable pathways, trails, alleyways and bridge access.

Toronto is a blast, no matter what the name. Whether it be Hogtown, Hollywood North, T.O., The Megacity, T-dot, We The North,The 416 or just simply the 6ix, it's home - a vibrant, big-time city abuzz with endless activities. Therefore, you should come and explore what this great city of ours has to offer.  Live, work and play harder!

Who wants to live in Toronto? I do! you do! We all do!

New Condos Toronto
Toronto is a lively, bustling metropolis with a core of soaring skyscrapers

List of New Condos in Toronto

502 Adelaide St West Condos

Development by: TBA
502 Adelaide St W, Toronto, ON M5V 1T2
Condo Prices TBA CAD
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545 Lake Shore Blvd West Condos

Development by: Canderel
545 Lake Shore Blvd W, Toronto, ON M5V 1A3
Condo Prices TBA CAD
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161 Parliament Street Condos

Development by: ONE Properties
161 Parliament St, Toronto, ON M5A 2Z2
Condo Prices TBA CAD
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90 Eglinton Avenue East Condos

Development by: Madison Group
90 Eglinton Ave E, Toronto, ON M4P 2Y3
Condo Prices TBA CAD
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Sugar Wharf Condos

Development by: Menkes Developments Ltd
95 Lake Shore Blvd East, Toronto, ON M5E 1Z2
Condo Prices From TBA CAD
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Playground Condos at Garrison Park

Development by: Fernbrook HomesCityzen Development Group and Greybrook Realty Partners
Ordnance St & Strachan Ave, Toronto, ON M6K
Condo Prices From The Low $300,000’s CAD
Move in 2020

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The Garden District Condominiums

Development by: The Sher Corporation and Hyde Park Homes
81 Shuter Street, Toronto, ON M5B 1B3
Condo Prices From TBA
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The Well Condos

Development by: RioCan, DiamondcorpAllied, Tridel and Rhapsody Property Management Services
410 Front Street West, Toronto, ON M5V 2S9
Condo Prices From TBA  CAD
Move in 2021

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481 University Ave Condos

Development by: Davpart
481 University Ave, Toronto, ON M5G 2P1
Condo Prices From The High $300,000’s CAD
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New condos at Garden District

Development by: Menkes Development Ltd
219 Dundas St E, Toronto, ON M5A 1Z7
Condo Prices TBA
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316 Bloor Street West Condos

Development by: State Building Group
316 Bloor St W, Toronto, ON M5S 1W5
Condo Prices TBA CAD
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The Humber Condos

Development by: Options for Homes
10 Wilby Crescent, North York, ON M9N 1E5
Condo Prices TBA CAD
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540 King Street West Condos

Development by: Great Gulf and Allied
540 King St W, Toronto, ON M5V 1M3
Condo Prices TBA CAD
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85 Broadway Ave Condos

Development by: Pemberton Group
85 Broadway Ave, Toronto, ON M4P 1T7
Condo Prices TBA CAD
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55 Eglinton Ave East Condos

Development by: State Building Group
55 Eglinton Ave E, Toronto, ON M4P 1G8
Condo Prices TBA CAD
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The Grand Hotel Redevelopment at 225 Jarvis Street

Development by: Amexon Developments
225 Jarvis St, Toronto, ON M5B 2C1
Condo Prices TBA CAD
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620 Dundas Street East Condos

Development by: The Daniels Corporation
620 Dundas St E, Toronto, ON M5A 3S4
Condo Prices TBA CAD
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New condo in the midst of shopping, dining, entertainment, and public transit.

Development by: Bazis Inc
60 – 64 Queen St E St, Toronto, ON M5C 2T3
Condo Prices TBA CAD
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55 Broadway Avenue Condos

Development by: Times Group Corporation
55 Broadway Ave, Toronto, ON M4P 1T9
Condo Prices TBA CAD
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308 Jarvis Street Condos

Development by: Duration Investments
308 – 314 Jarvis St, Toronto, ON M5B 2C5
Condo Prices TBA CAD
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227 Gerrard Street East Condos

Development by: Rosewater Capital Group
227 Gerrard St E, Toronto, ON M5A 2G7
Condo Prices TBA CAD
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1001 Broadview Residences

Development by: Verton Developments
1001 Broadview Ave, Toronto, ON M4K 2S1
Condo Prices TBA CAD
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DuEast Boutique East Residence

Development by: The Daniels Corporation
34 Tubman Street, Toronto, ON M5A 1Y7
Condo Prices From The Mid $300,000’s CAD
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New Condo Project at 50 Scollard St, Toronto, ON M5R 1E9

Development by: Lanterra Developments
50 Scollard St, Toronto, ON M5R 1E9
Condo Prices TBA CAD
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333 College Street Condos

Development by: BRL Realty
333 College St, Toronto, ON M5T 1S2
Condo Prices TBA CAD
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Junction House Condos

Development by: Globizen Developments and Slate Asset Management
2720 Dundas St W, Toronto, ON M6P 1Y2
Condo Prices TBA CAD
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3775 Dundas Street West Condos

Development by: TAS
3775 Dundas St W, Toronto, ON M6S 2T4
Condo Prices TBA CAD
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840 Dupont Street Condos

Development by: Tridel
840 Dupont St, Toronto, ON M6G 1Z8
Condo Prices TBA CAD
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New Condo Project at . 2639 Dundas St W, Toronto, ON M6P 1X9

Development by: Gairloch Developments
2639 Dundas St W, Toronto, ON M6P 1X9
Condo Prices TBA CAD
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Artists Alley Phase 2

Development by: Lanterra Developments
Simcoe St & Dundas St W, Toronto, ON M5T 1T4
Condo Prices TBA CAD
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367 King Street West Condos

Development by: TAS
367 King St W, Toronto, ON M5V 1K1
Condo Prices TBA CAD
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346 Eglinton Avenue West Condos

Development by: Terranata Developments
346 Eglinton Ave W, Toronto, ON M5N 1A2
Condo Prices TBA CAD
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100 Simcoe Street Condos

Development by: TBA
100 Simcoe St, Toronto, ON M5H 3G2
Condo Prices TBA CAD
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305 King Street West Condos

Development by: TBA
305 – 319 King St W, Toronto, ON M5V 1J5
Condo Prices TBA CAD
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24 Mercer Street Condos

Development by: TBA
24 Mercer St, Toronto, ON M5V 0C4
Condo Prices TBA CAD
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Central Condos

Development by: Concord Adex
38 Widmer St, Toronto, ON M5V 2E9
Condo Prices From The Low $400,000’s CAD
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280 Jarvis Street Condos

Development by: TBA
280 Jarvis St, Toronto, ON M5B 2C5
Condo Prices TBA CAD
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457 Richmond Street West Condos

Development by: TBA
457 Richmond St W, Toronto, ON M5V 1X9
Condo Prices TBA CAD
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217 Adelaide Street West Condos

Development by: TBA
217 Adelaide St W, Toronto, ON M5H 1W7
Condo Prices TBA CAD
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Upper East Village Condos

Development by: Camrost Felcorp and Diamondcorp
939 Eglinton Ave E, Toronto, ON M4G 2L2
Condo Prices TBA CAD
Move in 2021

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New Condo project at 14 Duncan St, Toronto, ON M5H 3G8

Development by: TBA
14 Duncan St, Toronto, ON M5H 3G8
Condo Prices TBA CAD
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10 Wellesley Street West Condos

Development by: Fitzrovia Capital
10 Wellesely St W, Toronto, ON M4Y 3B2
Condo Prices TBA CAD
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Questions & Answers


Where in Toronto should I purchase / invest in a condo?


The best place to purchase / invest in Toronto is a location close to the Toronto Transit system. Walking to a nearby subway station is always more convenient than taking a bus or streetcar to a subway station. Walking distance from a school or hospital is also ideal. The downtown professional and University student would be your main tenant or purchaser. They are looking to live in an area with instant access to transit, schools, hospitals, restaurants and a nearby shopping mall wouldn’t hurt. Reach out to one of our sales representatives and we will guide you in the right direction on where to invest in up and coming condo projects.


What is my Land Transfer Tax amount in Toronto?


When buying residential real estate in the province of Ontario it is subject to a land transfer tax. If you are buying a house or condo in Toronto you will also be required to pay a separate land transfer tax to the city as well. If you are a First Time Home Buyer (meaning you have not owned property before in your lifetime anywhere in the world) you are eligible to receive rebates from both the Province of Ontario and the City of Toronto. In order to qualify for the rebates you must occupy the property you are buying as your principal residence. Click Here to calculate your Land Transfer Tax.


How can I profit from the Toronto Condo Market?


This is a loaded question. In short, every condo investor’s goal is to get a positive cash flow, the tenant paying down your mortgage balance and last but not least, investing in an area that has capital appreciation. Our GTA-Homes sales representative will guide you through the process to find the right investment condo to achieve your investment requirements.

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