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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, with several buildings by world renowned architects having opened during the late 2000's. Imagine living in one of many landmark condo buildings in the downtown core and its vast surrounding neighbourhoods.

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

Average Price of Condos in Downtown Toronto

The average price of a resale condominium apartment for Toronto in 2017 is around $521,842 – up 24.3 per cent compared to 2016. The average index selling price for condo apartments continued to grow, rising 20% to 21% year-over-year increase. 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 psf in the City of Toronto, the average selling price rose 24% annually to $510,000 while the per square foot average value increased by 28%. The GTA is averaging at $694 psf rising 5% over new launch prices in 2016 at $659 psf.

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

Toronto is Canada's economic powerhouse and is largest city and is North America's fifth 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. 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, all overshadowed  by the iconic CN Tower. Toronto is a dynamic, diverse, rising city that provides the 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, 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 through 2017 is for further expansion in this advancement phase with employment increasing at rapid pace and the unemployment rate falling 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, however in the summer the city comes alive with multiple festivals and events going on 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 to dedicate in 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: however one may call it, whether it be Hogtown, Hollywood North, T.O., The Megacity, T-dot, We The North,The 416 or just simply the 6ix. It's a vibrant, big-time city abuzz with endless activities. Therefore come and explore what this great city has to offer.  Live, work and play harder!

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

toronto
toronto

List of New Condos in Toronto

Nobu Residences Toronto

Development by: Madison Group
15 Mercer St., Toronto, ON
Condo Prices Starting From The Mid $400,000’s CAD
Move in 2022

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Concord Canada House

Development by: Concord Adex
23 Spadina Ave, Toronto, ON
Condo Prices From TBA
Move in 2021

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Artists Alley Condos

Development by: Lanterra Developments
234 Simcoe Street, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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The One Condos

Development by: Mizrahi Developments
1 Bloor St W, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Bianca Condos

Development by: Tridel
420 Dupont Street, Toronto, ON M5R 3P3
Condo Prices Starting From The High $400,000’s CAD
Move in 2020

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The Roncy Condos

Development by: Worsley Urban
422 Roncesvalles Ave., Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Time and Space Condos

Development by: Pemberton Group
177 Front St E, Toronto, ON
Condo Prices Starting From The Low $300,000’s CAD
Move in 2021

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Fleur Condos

Development by: Menkes Developments Ltd
60 Shuter St, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Ivy Condos

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

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Canary Block Condos

Development by: Dundee Kilmer Developments Limited
Canary District Community Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Max Condos

Development by: Tribute Communities
75 Mutual Street, Toronto, ON
Condo Prices Starting From The High $400,000’s CAD
Move in 2019


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Axis Condos

Development by: CentreCourt Developments
411 Church Street, Toronto, ON
Condo Prices Starting From The Mid $300,000’s CAD
Move in 2020

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AYC Condos

Development by: Metropia & Diamondcorp
181 Bedford Road, Toronto, ON
Condo Prices Starting From The High $300,000’s CAD
Move in 2020

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Halo Residences On Yonge

Development by: Cresford Development Corporation
480 Yonge Street, Toronto, ON
Condo Prices Starting From The High $200,000’s CAD
Move in 2020

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Home Power Adelaide Condos

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

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AquaBella Condos

Development by: Tridel & Hines
295 Queens Quay East, Toronto, ON
Condo Prices From $395,900 CAD
Move in 2020

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75 On The Esplanade Condos

Development by: Carttera Private Equities & Harhay Developments
75 The Esplanade, Toronto, ON
Condo Prices Starting From The Low $400,000’s CAD
Move in 2020

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Plaza Midtown Condos

Development by: Plaza
33 Holly St., Toronto, ON
Condo Prices Starting From The Low $400,000’s CAD
Move in 2021

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Via Bloor Condos

Development by: Tridel
575 Bloor Street East, Toronto, ON, M4X
Condo Prices Starting From The Mid $300,000’s CAD
Move in 2021

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Condo Life Style

Development by: Marlin Spring Developments
1630 Queen Street East, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Lighthouse East Tower

Development by: The Daniels Corporation
20 Richardson Street, Toronto, ON
Condo Prices Starting From The Low $300,000’s CAD
Move in 2019

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Panda Condos

Development by: Lifetime Developments
20 Edward Street, Toronto, ON
Condo Prices Starting From TBA 
Move in 2020

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YSL Residences

Development by: Cresford Development Corporation
391 Yonge St., Toronto, ON
Condo Prices Starting From The Mid $1,000,000’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 Starting From TBA 
Move in 2021

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Mirabella Condos

Development by: Diamante Development Corporation
1926 Lake Shore Boulevard West, Toronto, ON
Condo Prices Starting From The Low $300,000’s CAD
Move in 2021

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Mirvish+Gehry Condos

Development by: Projectcore Inc.
260 King St W, Toronto, ON
Condo Prices Starting From TBA
Move in 2022

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Three new residential condominium towers

Development by: Pinnacle International
1 Yonge, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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The Well Condos

Development by: RioCan, DiamondcorpAllied Properties
444 Front Street West, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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The Logan Residences

Development by: The Daniels Corporation
897 Queen St E, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Eight Forty Condos

Development by: Worsley Urban
Condo Project at 840 St. Clair Ave. W., Toronto, ON
Condo Prices Starting From The High $300,000’s CAD
Move in 2020

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Platform Condos

Development by: Sierra Building Group
1177 Danforth Ave, Toronto, ON
Condo Prices Starting From The Low $400,000’s CAD
Move in 2020

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Bloor & Dufferin Condos

Development by: Metropia & Capital Developments
1131 Bloor Street West, Toronto, ON
Condo Prices Starting From The High $300,000’s CAD
Move in 2021

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481 University Ave Condos

Development by: Davpart
481 University Ave, Toronto, ON
Condo Prices Starting From The High $300,000’s CAD
Move in 2021

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Condo Project at 30 Widmer Street, Toronto, ON, M5V 2E7

Development by: Plaza
30 Widmer Street, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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ThThe JunXion Flats Condos

Development by: Stanton Renaissance
6 Lloyd Ave, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Queen & Sherbourne Condos

Development by: ONE Properties
245 Queen St E., Toronto, ON
Condo Prices Starting From TBA 
Move in 2020

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Peter & Richmond Condos

Development by: Carlyle Communities, Fortress Real Developments and Berkley Homes
124 Peter St., Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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LNX Condos

Development by: Lormel Homes
2388 Dundas St W, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Liberty Market Tower

Development by: Lifetime Developments
171 East Liberty Street, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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King and Dufferin Condos

Development by: Lifetime Developments
1182 King Street West, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Galleria Mall Condos

Development by: Freed Developments & Elad Canada
Dufferin and Dupont Street, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Futura Condos

Development by: Urban Capital Property Group
1050 Sheppard Ave W, Toronto, ON
Condo Prices Starting From TBA
Move in 2020

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Fifty Seven Brock Condos

Development by: Block Developments
57 Brock Ave., Toronto, ON
Condo Prices Starting From  TBA
Move in 2020

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Church & Charles Condos

Development by: Aspen Ridge Homes
628 Church St, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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Chelsea Green Condos

Development by: Great Eagle Holdings
33 Gerrard St W, Toronto, ON
Condo Prices Starting From TBA
Move in 2022

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Avenue 151 Yorkville Condos

Development by: Dash Developments Inc
151 Avenue Rd, Toronto, ON
Condo Prices Starting From The Mid $600,000’s CAD
Move in 2019

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Alaska Condos

Development by: Bianca Pollak
2779 Yonge Street, Toronto, ON, M4N 2H8
Condo Prices Starting From TBA
Move in 2022

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The Eglinton Condos

Development by: Menkes Development Ltd
161 Eglinton Avenue East, Toronto, ON
Condo Prices Starting From The Low $300,000’s CAD
Move in 2018

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88 Queen Condos

Development by: St. Thomas Developments Inc.
88 Queen Street East, Toronto, ON
Condo Prices Starting From The High $200,000’s CAD
Move in 2018

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250 Lawrence Ave West Condos

Development by: Graywood Developments Ltd
250 Lawrence Ave W, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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2452 Bloor Street West Condos

Development by: Plaza
2452 Bloor St W., Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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203 Jarvis Street Condosndos

Development by: Manga Hotels
203 Jarvis St, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

 

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Theory Condos

Development by: Parallax Development Corporation
203 College Street, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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2 Carlton Street Condos

Development by: TBA
2 Carlton Street, Toronto, ON
Condo Prices Starting From TBA
Move in 2022

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Corktown Condos

Development by: Alterra
18 Eastern Avenue, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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170 Spadina Condos

Development by: Plaza
170 Spadina Ave, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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149 Bathurst Street Condos

Development by: Carlyle Communities and Centrestone Urban Developments Inc.
149 Bathurst Street, Toronto, ON
Condo Prices Starting From TBA 
Move in 2020

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New condo Project in Toronto

Development by: Terracap
1421 Yonge Street, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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Pre construction condos Toronto 2021

Development by: The Conservatory Group
100 Edward Street, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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100 Davenport Condos

Development by: Diamante Development Corporation
100 Davenport, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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10 Widmer Street Condos

Development by: TBA
10 Widmer St, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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10 St Mary Street Condos

Development by: Lifetime Developments
10 St. Mary, Toronto, ON
Condo Prices Starting From TBA 
Move in 2021

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1 Eglinton East Condos VIP Access

Development by: Davpart
1 Eglinton Ave E, Toronto, ON
Condo Prices Starting From TBA
Move in 2021

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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 convenience 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 investment 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 have 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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