2020 was a year like none other in so many different ways, and many of us are happy to turn the calendar page to a new year that is hopefully filled with good health and a return to normalcy. The verdict is still out regarding normalcy for 2021 but what we do know for sure is that even through a pandemic, data shows that new condo sales across the GTA still hit record highs in 2020.
In a surprising reveal, year-over-year sales for new condominium units increased in Q3 - 2020 to 6,370 units, which was a record high for third-quarter activity. And while sales in the City of Toronto actually declined 16% to 2,536 units, the 905-region was able to boost the GTA’s overall sales record in Q3 with sales surging 106% to 3,834 units.
If you have been waiting out 2020 and are ready to score a unit in 2021 ( coined “the year of recovery”) the secret is to:
- Register with us here to get prices, floor plans and brochures for the newest projects, as well as info kits, seminars and coaching sessions that will teach you how to maximize your ROI and generate passive income.
- Start exploring your options before the project’s launch so that you are ready to score your prefered unit on launch day.
With many buyers returning to the market, the last thing you want is to miss out on your first, second and third option because you didn’t allow time to do your homework.
Here’s our list of the TOP 10 condo launches for Spring 2021!
We’re kicking off our list with a pre-construction condo coming on the scene next to the city’s best attractions and Wellesley subway station. This premium luxury condominium is the perfect address to enjoy the best of Canada’s largest city. Everything from the Eaton Centre, the Dundas Square and Yorkville are merely steps away from this central location. Enjoy lunch on a picturesque patio, shop no matter your budget, and enjoy the active nightlife — it is all within reach from 8 Wellesley.
This fully zoned project features a total of 599 meticulously designed suites ranging from 323 sq. ft up-to 828 sq. ft with a choice of studios, 1 bedrooms, 1 bedrooms plus den, 2 bedrooms, 2 bedrooms plus den and 3 bedrooms. The specialized design allows for several outdoor amenity terraces overlooking one of downtown’s most vibrant and eclectic neighbourhoods.
The next five years will be even better for condo investors because limited supply mixed with high immigration will only see incredible price appreciation across Toronto and the downtown core. There really couldn’t be a better time to invest where the price gap between condos and detached homes is the largest it has ever been - and what we know from history is that when this happens, the price of new condos increases dramatically.
This new condo development is a new luxury residence whose impressive debut resulted in national headlines. One Delisle is a mixed-use retail and condominium tower by SLATE in Toronto’s Deer Park neighbourhood.
Designed by one of the world’s leading architectural firms, this future condominium has already been called an “architectural icon” by the Globe & Mail. This project has been hailed as a "powerful and beautiful addition to the skyline" and a "very striking piece of architecture" by none other than the city’s very own Design Review Panel.
Besides the ground-level retail space, this development looks to offer several improvements that can be enjoyed by the community at large. Set to be expanded by 50 per cent, the adjoining Delisle Street Parkette will be redesigned by architectural landscaping firm Janet Rosenberg + Studio; this development will also create a new pedestrian passageway through the block and introduce a public art installation to the site.
Mississauga has been the location of some skyline changing projects proposed over the last year, and now a long-anticipated project is coming to Mississauga’s lakeshore. Brightwater is a mixed-use, master-planned community under construction. Once complete, 72 acres on the shores of Lake Ontario will have transformed into a vibrant and diverse hub.
This former industrial land is long underutilized but occupies a great space, and we just can’t keep our eyes off of it! It’s a location both picturesque and convenient. Landscaped pedestrian walkways and paths will connect the waterfront with Lakeshore Boulevard; these walkways will promote active living and will make it easy for residents to get from the retail plaza to the waterfront.
To the south of this development will be a designated area called the Campus. This area will have 5 towers and will bring a mix of additional retail, residential and cultural uses to the complex. The Campus will also include a new community centre that will be built with a partnership with YMCA and other innovative partnerships. A newly built Elementary School will be located in the Campus as well, making this location perfect for families. Along with contemporary condominium buildings, the development will also house townhomes and single-family homes.
Occupying a prime urban spot just west of the vibrant Spadina Avenue, this sleek condominium takes our fourth spot. At this luxurious residence, the first two floors of the podium will include almost 37,000 square feet of retail space. Retail access will be available through an airy galleria located at the building’s southwest corner. In total, the tower will stand 47 storeys anchored by an 11-storey podium.
Entertainment District condominiums in Toronto are part of an exciting and dynamic neighbourhood. Though it’s already earned a reputation as a major hotspot in the city – thanks to an endless selection of bars, nightclubs and five-star restaurants – Toronto’s Entertainment District is poised for even more of an urban transformation.
In anticipation of major growth for the area, the city of Toronto has launched a pilot study to modernize the transit system. As it stands, the King streetcar passes right by the site’s front door, and it’s a few minutes’ walk to the St. Andrew subway station. The Spadina streetcar also runs north and south just a block away, connecting directly with the subway’s line 2. It’s hard to imagine a site with better transit access. It scores a perfect 100 on its Transit Score and a 98 on its Walk Score.
This new condo project has close access to subways, and it's one of the most fruitful investments one could make. Vincent Condos is one of our favourites for transit accessibility outside of the downtown core. From here, travel is seamless, which is perfect for a variety of lifestyles.
This developer is known for creating hotel-inspired suites that are uniquely urban, and so we expect that the units in this development will follow suit. Their developments commonly boast fixtures and finishings that are high quality, as well as high-end amenities that make for an all-encompassing luxurious lifestyle.
Investors will want to take note of this expansive development that will boast mixed-use (retail and commercial) space at floor level. These spaces provide ample opportunity for small businesses and provide even more value to the residence.
This new, modern condominium development is about to make its mark in the ever-growing Mimico neighbourhood of Etobicoke. This complex will consist of three mixed-use towers that will be known as the Grand Central Mimico Master-Planned Community.
The Buckingham Condos will be the first tower built in this modern master-planned community. This complex will feature three towers overall that will be connected by a shared 4-storey podium. This development in particular will be the highest tower in the complex reaching 39-storeys high and will offer 373 residential units.
These units will range from one to three bedrooms and are expected to offer spacious, open-concept layouts to make them appeal to anyone from young professionals to growing families.
This area is becoming an excellent investment opportunity as it is undergoing reinvestment expansion projects. Intensification in this neighbourhood is encouraged and soon, this area will see a record number of condominium developments, transit upgrades and vibrant new complexes with retail, parks and employment opportunities. Additionally, this development is located in a convenient part of the GTA being only minutes from Downtown Toronto.
This new project is coming to Hamilton’s oldest Business Improvement Area, the International Village BIA, located in opportunistic downtown Hamilton.
This new 15 storey building will be comprised of a 4-storey brick podium followed by glass balconies. The combination of glass and brick provides a modern yet contemporary look that blends perfectly with the surrounding neighbourhood.
The area is a made up of a collection of historic Victorian properties, modern offices, restaurants and retailers in the heart of Hamilton. There are a few parks nearby including the Wellington Park, Beasley Park and Jack C. Beemer Park which residents will find highly accessible. This area also has a Walk Score 87, considered to be “a walker’s paradise” where most tasks can be completed by foot. Additionally, the neighbourhood has a high Transit Score of 80. It is worth mentioning this location is an 11-minute walk from the LW Lakeshore West at the Hamilton GO Centre stop.
Not to forget, Hamilton is home to over 100 beautiful waterfalls which are a must-see. Just to name a few, Tiffany Falls, Devil’s Punchbowl, and Albion Falls are all about 15 minutes from each other, and most importantly approximately 15 minutes from 1 Jarvis Street. Apart from waterfalls, the city offers vast conservation areas, copious bike paths, and bountiful walking trails.
MILA stands for Midland and Lawrence, where this development is situated. This is a master-planned community that will be built in 9 blocks. This new pre-construction development will consist of low-rise homes and a new public park to give residents the chance to enjoy homes with larger floor plans. With a total of 210 units offering towns, semis and singles, purchasers can expect this development to have modern low-rise homes and large floor plans to suit growing families.
What makes MILA an even better investment opportunity are the amount of landmarks close by. To start, the Scarborough Health Network Hospital is just 2 minutes east from this real estate development, Scarborough Town Centre is 6 minutes north, and the University of Toronto - Scarborough Campus is just 10 minutes away.
As for transit, Lawrence East Station that runs on the Scarborough RT - Line 3 is only 2 minutes away from this development. In the future, investors can expect the TTC’s Bloor-Danforth Line 2 to extend further into Scarbrough, giving more residents access to the Subway, which will significantly increase the value of this new subdivision.
One of Downtown Toronto's most exciting condos is now available for sale. Canary House offers unparalleled luxury and convenience, and it is an excellent real estate property for investing or urban living. This development is the newest phase of the Canary master-planned community, famously known as an award-winning neighbourhood. Nearby amenities, fast transit, open parks... everything needed for city living.
Residents can access many great destinations and services within a short walk:
- Distillery District
- Corktown Commons Park
- George Brown College — St. James Campus and Waterfront Campus
This location is close to many transportation and transit conduits. This makes it great for travelling around the city:
- King Street streetcar
- Queen Street streetcar
- Queen’s Quay streetcar
Not only that, this condo is conveniently located near expressways. Local drivers can quickly access the Don Valley Parkway and the Gardiner Expressway. This provides fast-moving roadways that cater to commuters.
The convenience of this location can’t be understated:
- Walk Score: 80
- Transit Score 88
- Bike Score 99
Modern development for this site started with the 2015 Pan Am Games. Six buildings built for that event became the first few residences of this new community.
To this day, Canary District continues this formidable legacy. With each new development, this community continues to live up to its promises.
Without a doubt, this is a great location to own real estate.
Last but not least is LeftBank Condos, an ambitious new condo development set to include four two-storey townhomes. The tower portion of this project will be designed with significant glazing, accented by flowing black and white architectural elements, which will form the base of the balconies.
LeftBank Condos includes over 10,000 square-feet of indoor amenity space and 5,700 square feet of outdoor amenity space, which will be spread over the building’s second, fourth and eighth floors. Additionally, the tower's significant stepbacks will allow many units to feature expansive balconies and terraces, offering lively views of the neighbourhood and the adjacent Don River.
LeftBank Condos offer residents access to a wealth of perks, including excellent transit, some of the city’s newest community resources, trendy bars and restaurants and proximity to the downtown core. It’s an actively regenerating neighbourhood that has seen an impressive transformation over the past decade, and the regeneration continues, especially for this stretch of River Street.
The site has been given a "regeneration" designation, meaning it's primed for more residential, retail and commercial growth and will contribute to the neighbourhood's ongoing transformation. Communities like this that are actively undergoing revitalization make great spots to invest in.