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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

Elevate At Logan

Development by: Kaleido Corporation
485 Logan Ave, Toronto, ON M4M 2P5
Condo Prices From The Low $500,000’s CAD
Move in 2021

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Wonder Condos

Development by: Graywood Developments Ltd and Alterra
462 Eastern Ave, Toronto, ON M4M 1C3
Condo Prices From The High $500,000’s CAD
Move in 2022

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Encore Theatre District Condos

Development by: Plaza
28 Widmer Street, Toronto, ON M5V 2E7
Condo Prices From The Low $600,000’s CAD
Move in 2022

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Empire Maverick Condos

Development by: Empire Communities
333 King St W, Toronto, ON M5V
Condo Prices From The High $500,000’s CAD
Move in 2022

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50 Scollard Condos

Development by: Lanterra Developments
50 Scollard St, Toronto, ON M5R 1E9
Condo Prices From The High $3,000,000’s CAD
Move in 2022

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Sugar Wharf Condos

Development by: Menkes Developments Ltd
95 Lake Shore Blvd East, Toronto, ON M5E 1Z2
Condo Prices From The Mid $400,000’s CAD
Move in 2022

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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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Central Condos at 38 Widmer St

Development by: Concord Adex
38 Widmer St, Toronto, ON M5V 2E9
Condo Prices From The Low $400,000’s CAD
Move in 2022

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543 Richmond Residences at Portland

Development by: Pemberton Group
543 Richmond St W, Toronto, ON M5V 1Y6
Condo Prices From The High $400,000’s CAD
Move in 2021

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Fifty Seven Brock Condos

Development by: Block Developments
57 Brock Ave, Toronto, ON M6K 2L3
Condo Prices From The High $400,000’s CAD
Move in 2020

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Scout Condos

Development by: Graywood Developments Ltd
1779 St Clair Ave W, Toronto, ON M6N 1J3
Condo Prices From The High $300,000’s CAD
Move in 2022

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YSL Residences

Development by: Cresford Development Corporation
373 Yonge St, Toronto, ON
Condo Prices From The High $300,000’s CAD
Move in 2023

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RUSH Condos

Development by: Alterra
520 Richmond St W, Toronto, ON M5V 1Y4
Condo Prices From The High $500,000’s CAD
Move in 2022

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Lakeside Residences

Development by: Greenland Group
215 Lake Shore Blvd East, Toronto, ON M5A 3W9
Condo Prices From The Mid $500,000’s CAD
Move in 2020

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Artworks Tower

Development by: The Daniels Corporation
River St, Toronto, ON M5A 3S4
Condo Prices From The Low $300,000’s CAD
Move in 2021

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Line 5 Condos

Development by: Reserve Properties and Westdale Properies
117 Broadway Ave, Toronto, ON M4P 1V3
Condo Prices From The Mid $300,000’s CAD
Move in 2022

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The Winslow Condos

Development by: Devron Developments
2779 – 2781 Yonge St, Toronto, ON M4N 2H8
Condo Prices From The Low $1,200,000’s CAD
Move in 2021

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East Junction Condos

Development by: Limen
394 Symington Ave, Toronto, ON M6P 3W9
Condo Prices From The Low $300,000’s CAD
Move in 2021

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346 Davenport Condos

Development by: Freed Developments and Trolleybus Urban Development Inc
346 Davenport Rd, Toronto, ON M5R 1K6
Home Prices From The High $1,000,000’s CAD
Move in 2019

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The Garden District Condo

Development by: The Sher Corporation and Hyde Park Homes
81 Shuter Street, Toronto, ON M5B 1B3
Condo Prices From The High $400,000’s CAD
Move in 2023

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in.DE Condos

Development by: Menkes Development Ltd
219 Dundas St E, Toronto, ON M5A 1Z7
Condo Prices From The Low $400,000’s CAD
Move in 2021

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The Humber Condos

Development by: Options for Homes
10 Wilby Crescent, North York, ON M9N 1E5
Condo Prices TBA CAD
Move in TBA

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DuEast Boutique East Residence

Development by: The Daniels Corporation
34 Tubman Street, Toronto, ON M5A 1Y7
Condo Prices From The High $300,000’s CAD
Move in 2020

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Upper East Village Condos

Development by: Camrost Felcorp and Diamondcorp
939 Eglinton Ave E, Toronto, ON M4G 2L2
Condo Prices From The Low $500,000’s CAD
Move in 2021

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West Condos

Development by: Aspen Ridge Homes
89 Niagara St, Toronto, ON M5V 1C3
Condo Prices From The Mid $400,000’s CAD
Move in 2020

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357 King West Condos

Development by: Great Gulf
357 King St W, Toronto, ON M5V 1K1
Condo Prices From The High $400,000’s CAD
Move in 2021

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The Prestige Condos at Pinnacle One Yonge

Development by: Pinnacle International
28 Freeland St, Toronto, ON M5E 1L7
Condo Prices From The Low $600,000’s CAD
Move in 2022

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Aqualuna Condos

Development by: Tridel and Hines
155 Merchants’ Wharf, Toronto, ON
Condo Prices From The High $800,000’s CAD
Move in 2023

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E2 Condos

Development by: Capital Developments and Metropia
25 Roehampton Ave, Toronto, ON M4P 1P9
Condo Prices From The Low $700,000’s CAD
Move in 2022

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The One Residences

Development by: Mizrahi Developments
1 Bloor St W, Toronto, ON M6H 1M9
Condo Prices From The High $700,000’s CAD
Move in 2023

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Panda Condos

Development by: Lifetime Developments
20 Edward Street, Toronto, ON M5G 1C9
Condo Prices From The Low $400,000’s CAD
Move in 2021

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DuEast Condos

Development by: The Daniels Corporation
225 Sumach Street, Toronto, ON M5A 3K3
Condo Prices From The Low $300,000’s CAD
Move in 2021

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Uovo Boutique Residences

Development by: The Sher Corporation
2114 Yonge St, Toronto, ON M4S 2A5
Condo Prices From The Mid $600,000’s CAD
Move in 2020

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One Forest Hill Condos

Development by: North Drive
1 Forest Hill Rd, Toronto, ON M4V 2L4
Condo Prices From The High $1,900,000’s CAD
Move in 2020

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Canary Commons Condos

Development by: Dundee Kilmer Developments Limited
475 Front St E, Toronto, ON, M5A 1G9
Condo Prices From The High $300,000’s CAD
Move in 2021

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260 High Park Condos

Development by: Trac Developments Inc
260 High Park Avenue, Toronto, ON M6P 2S6
Condo Prices From The High $600,000’s CAD
Move in 2021

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1181 Queen Street West Condos

Development by: Skale Developments
1181 Queen Street West, Toronto, ON M6J 1J4
Condo Prices From The Low $600,000’s CAD
Move in 2021

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Bianca Condos

Development by: Tridel
420 Dupont Street, Toronto, ON M5R 3P3
Condo Prices From The High $500,000’s CAD
Move in 2021

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The Roncy Condos

Development by: Worsley Urban
422 Roncesvalles Ave, Toronto, ON M6R 3B9
Condo Prices From The Low $500,000’s CAD
Move in 2021

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Fleur Condos

Development by: Menkes Developments Ltd
60 Shuter St, Toronto, ON M5B 1A8
Condo Prices From The Mid $400,000’s CAD
Move in 2021

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Ivy Condos

Development by: The Sher Corporation and Dream Unlimited Corp
69 Mutual St, Toronto, ON M5B 2A9
Condo Prices From The Low $400,000’s CAD
Move in 2021

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Home Power Adelaide Condos

Development by: Great Gulf and Hullmark
48 Power Street, Toronto, ON M5A 3A6
Condo Prices From The Low $300,000’s CAD
Move in 2020

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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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