Top 10 Condo Projects Selling in Spring 2022

Spring Condo Projects 2022

It is that time of year again when we list the most anticipated condo launches for the upcoming Spring sales season. So, if you have been waiting to score a unit in a specific location, the secret is to:

  1. Start exploring your options before the project’s launch so that you are ready to score your preferred unit on launch day.
  2. Sign up for our Online Investment Seminar here so we can help you figure out which project is best for you.

The buying process can move quickly, and the last thing you want is to miss out on your first, second or third options because you didn’t allow time to do your homework.

Here’s our list of the TOP 10 condo projects selling in Spring 2022!

Two Fifty Two Church Condos
Church St / Dundas St E
Toronto

Quick Facts
2 Minutes to Ryerson University (47,000+ student population)
4 Minutes to Yonge-Dundas Square
8 Minutes to the Financial District
24/7 Dundas Streetcar Runs Nearby
65% Area Employment Growth Since July 2020
98% Area Population Growth 2019 - 2041

We’re kicking off our list with a pre-construction condo coming on the scene at the southwest corner of Church and Dundas, just steps from the vibrant Yonge-Dundas Square.

This project will be a 52-storey mixed-use condominium containing a total of 681 suites and 2,000 square foot ground-floor retail space. The residential suites will be available from studio units to two-bedroom + den units – ranging from 293 square feet to 721 square feet.

Two Fifty Two Church Condos will be a great investment opportunity because it will be close to many hospitals, which increases the property's value and gives medical personnel somewhere to reside. Some of these hospitals include Toronto General Hospital, The Hospital for Sick Kids (SickKids) and Mount Sinai Hospital.

This area also offers some of the best transit in the city. Residents will be able to walk to Dundas Station in just 4 minutes. Dundas Station runs on the Yonge-University Line 1 and will reach Union Station in less than 5 minutes. There are also many streetcars and buses that run near this development site, taking residents throughout the city.

XO2 Condos
Dufferin St / King St W
Toronto

Quick Facts
1 Minute to King Street West Streetcar
2 Minutes to the new Ontario Line Entrance
5 Minutes to the upcoming King-Liberty SmartTrack Station
30 Minutes to University of Toronto
30 Minutes to OCAD
Population Growth of 50%+ Since 2011

Located at 1182 King St West on the northeast corner of Dufferin Street and King Street West, XO2 will sit in Toronto’s flourishing Liberty Village. This will be a contemporary condominium within walking distance to shopping, entertainment and a new SmartTrack GO Station.

Liberty Village is a vibrant and urban community just steps from the heart of Downtown Toronto. The area has undergone extraordinary population growth due to the blend of commercial, retail, trendy shops, restaurants and condos springing up throughout the community. Since 2011, its population has more than doubled and continues to grow at a rate that exceeds other neighbourhoods in Toronto.

Liberty Village is a thriving urban enclave near everyday essentials. As a downtown neighbourhood, it has convenient connections to the vibrant King West strip, shops on Queen West, Parkdale and the stunning Toronto waterfront. Apart from urban landmarks, this condo will also sit near renowned greenspaces such as Trinity Bellwoods and High Park – which is accessible via the nearby Gardiner Expressway.

The future of this neighbourhood will also see…

1. Ontario Line: A $12.1 Billion Government investment: XO2 is only a 2-minute walk to the Ontario Line entrance. The 15.6 kilometres, 15 stop subway line will run from Exhibition Place, through the heart of downtown, and all the way to Ontario Science Centre. Status: Approved

2. Ontario Place Redevelopment: Set to include 3 new attractions, including a redevelopment of the existing amphitheatre, an adventure park, as well as a destination of parkland, water slides and botanical spaces. Creating over 3,600 jobs and once completed, an estimated five to seven million visitors per year are expected. Status: Approved.

3. A New $500M Esports and Entertainment Venue coming to Exhibition Place: A 7,000 seat entertainment facility is slated to be erected on the Exhibition grounds in Toronto, with an expected completion date of 2025 and over 3,000 jobs created. Status: Approved.

Celeste Condos
Jarvin St / Richmond St E
Toronto

Quick Facts
2 Minutes to Ontario Line Subway Station
2 Minutes to Queen and King Streetcar
15 Minutes to Union Station
1 Minute to George Brown College
5 Minutes to Ryerson University
12 Minutes to the University of Toronto
6 Minutes to St. Michael’s Hospital
9 Minutes to the Toronto Eaton Centre

This 40-storey pre-construction condo by DiamondCorp and Alterra is located at 125 George Street, on the southeast corner of Richmond Street East and Jarvis Street. This development will come with 516 residential units.

Celeste Condos will be located beside two low-rise buildings that are considered heritage sites and used for office space. These buildings will be retained and will also enhance the employment opportunities in the area. In addition, this proposal is set to demolish an existing and unused building that is currently sitting on the development site. This unused building will be replaced with this 40-storey high-rise that will offer a thriving new set of residential, retail and office opportunities for the area.

Celeste Condominiums also offers a perfect Transit Score of 100 which means that public transportation is easily accessible, and many residents will save money by not needing to own a car. To start, Queen Station is 4 minutes away from this development - This station runs on the TTC Subway's Yonge-University Line 1 and will take residents to Union Station in just two stops. As well, this station conveniently connects to the Bloor-Danforth Line 2 in just four stops, giving commuters more ways to travel across the city. There are also many streetcars and buses that run through this corridor every 15 minutes or less, allowing residents to travel throughout the city seamlessly.

Metro Park Condos
Don Mills Rd / Eglinton Ave E
North York

Quick Facts
2 Minutes to the future Eglinton Crosstown LRT and the Ontario Line
5 Minutes to the Ontario Science Centre
5 Minutes to the Shops of Don Mills
5 Minutes to the Don Valley Parkway
9 Minutes to Ferrand Drive Park

Located at 25 St Dennis Drive just south of the intersection of Don Mills and Eglinton, this vibrant condo will sit in the fast-growing Flemingdon Park neighbourhood. While this area is undergoing significant changes, this is just beginning. Now is your opportunity to take advantage of this incredible investment!

Flemingdon Park is on the verge of becoming one of Toronto’s hottest real estate pockets. It’s rich in greenspace, culture, and retail destinations while sitting at the centre point of one of the most infrastructure-intensified locations in Toronto. Metro Park will sit minutes from upcoming transit routes including the Eglinton Crosstown LRT and Ontario Line. The Eglinton Crosstown LRT is a multi-billion dollar investment expected to be up and running in September 2022. It will revolutionize commuting around Toronto and beyond its borders.

Thanks to the ‘Places to Grow Act’, we are seeing a surge in population throughout the GTA. It is expected to grow 41% by 2041. Interested buyers should know that the average pre-construction appreciation rate for this area has been 7.8% for the past ten years. The average resale price for all home types is presently around $1.1 million, with an average resale appreciation rate of 7.5% over the past ten years. Additionally, the average rental rate has seen an appreciation of 3.1% in the last decade, with rental rates sitting at an average of $2,100 per month.

Don Mills and Eglinton is considered one of the fastest evolving corridors in the GTA, with over 123 acres of land around the intersection. As a result, this area is rapidly transitioning from primarily commercial properties into new condo communities, parks, businesses, and retail spaces. Metro Park Condos is your opportunity to get into the neighbourhood at ground-level prices.

The Frederick Condos
Laird Dr / Eglinton Ave E
Toronto

Quick Facts
Located next to the new Laird Crosstown LRT Station
From Laird Station: 35 Minutes to Union Station
From Laird Station: 30 Minutes to Bloor Station
14 new stops on the Eglinton Crosstown LRT
The second phase of the Eglinton Crosstown LRT will provide direct access to Pearson International Airport

The Frederick Condos coming to Toronto’s Leaside neighbourhood is the crown jewel of the Upper East Village Master-Planned Community. This tower has the best access to the upcoming Laird Station, which is a part of the highly-anticipated Line 5 Eglinton Crosstown LRT. It is estimated that commutes will be 60% faster for residents of this area! The Eglinton Crosstown LRT consists of 25 LRT Stations that will easily and quickly connect to all TTC subway lines, including Line 1 Yonge-University, Line 2 Bloor Danforth and Line 3 Scarborough RT.

You might be wondering, what makes this condo project stand out from the rest?

First, the long-term success of any new community depends on its multi-uses. The Frederick Condos will be a part of a multi-use community which means that there will be more than one residential tower and a plethora of retail and commercial amenities built for the community to enjoy.

Secondly, transit is significant when it comes to smart pre-construction condo investing. The Frederick Condos will rise just steps from Laird Station, making this living destination ideal for the millions of people who take public transit each day.

Lastly, the Frederick Condos is the third tower in the Upper East Village Master-Planned Community. This development, in particular, will be the tallest tower in the complex, reaching 30-storeys high and will offer 350 residential units.

These units will range from 1 to 2 bedrooms and are expected to offer open-concept layouts to make them appealing to anyone from young professionals to growing families.

Plaza on Yonge
Yonge St / Finch Ave W
Toronto

Quick Facts
4 Minutes to Finch Subway Station
6 Minutes to Finch GO Station
45 Minutes to University of Toronto
35 Minutes to Ryerson University
45 Minutes to York University
North York is an “Urban Growth Centre”, which means the Government of Ontario will continue to fund the growth and development here to foster economic prosperity.

Transit-oriented neighbourhoods are the most attractive places to live in the GTA. That is why Plazacorp has chosen Yonge and Finch for their next great project! Plaza on Yonge in North York will be at the epicentre of where the Yonge North subway line will transform the commute to York Region, North York, and beyond. The TTC's Line 1 service will continue north from Finch Station to Vaughan, Markham and Richmond Hill. This NEW priority transit project will connect 4 cities with 8 kilometres of track and is expected to see 94,100 daily riders.

Plaza on Yonge is only a 4-minute walk to Finch Subway Station. And not only that, but investing here means you're investing near Ontario's Priority Transit Projects in the Greater Golden Horseshoe Region. The Yonge North Subway Extension is part of a $29.5 billion subway expansion program for the Greater Toronto and Hamilton Area, which the Government of Ontario announced in April 2019. The Yonge North Subway Extension has an approved $5.6 billion funding envelope.

In response to the upcoming transit extension, Yonge & Finch is a key area for investors to look into.

VuPoint Condos
Liverpool Rd / Kingston Rd
Pickering

Quick Facts
2 Minutes to Pickering Town Centre
2 Minutes to Durham College
2 Minutes to Centennial College
6 Minutes to Beachfront Park
8 Minutes to Durham Live: A 240-Acres Mega Entertainment Tourist Destination
30 Minutes to Pearson International Airport
2 Prestige medical facilities nearby
800 Acres of employment land nearby
95,000 New residents by 2031
33,000 New jobs by 2031

This exclusive trio of luxurious condominiums is coming to diversify Pickering’s growing urban centre. Phase one of this development will be a 46-storey tower with one to two-bedroom plus den units ranging from 457 to 859 square-feet.

We can expect the development to feature two welcoming lobbies with concierge service and lounge space, in addition to recreational amenities and commercial use found at grade level (facing Walnut Lane). Additionally, a childcare centre is also being considered for Building C’s ground level, consisting of 604 square metres of indoor childcare space and 176 square metres of outdoor play area. The possibilities here remain unhinged.

VuPoint Condos is set to be constructed in Pickering's thriving urban hub. Its prime location will offer residents the best in dining, retail, entertainment, and endless fun. The region has seen significant growth within the last couple of years and is expected to continue expanding with new city projects. As a result, Pickering continues to become a well-desired locale to live, welcoming a healthy mix of buyers from single professionals to growing families.

Curio Condos
Royal York Rd / The Queensway
Etobicoke

Quick Facts
1 Minute to Costco
8 Minutes to Sherway Gardens Mall
10 Minutes to the waterfront
12 Minutes to Royal York Station
15 Minutes to downtown Toronto
20 Minutes to Humber College
This new condo project in south Etobicoke is an excellent real estate investment.

Curio Condos will be more than just a stunning and unique residence, we saw this with the latest project that Marlin Spring Developments just released, and we can expect the same or more here. Marlin Spring Developments is known to offer a lifestyle destination packed with an array of indoor and outdoor amenities waiting to be discovered.

You will be entering into a place that's every bit as unique as you are. The expansive lobby features soaring ceilings, bright art and a colourful ambience. You'll know you're home the moment you walk through the doors. You will be enjoying the convenience of a 24/7 concierge, a completely outfitted modern gym, party room, dining room with kitchen, meeting room, BBQ with dining room, BBQ area, fire pits and lots of space to entertain. Whether you're looking for indoor or outdoor activities, you've got lots of options to choose from.

Plus, the area is served by convenient transit and lots of retail outlets. The Queensway is a great place to purchase real estate.

The Deane Condos
Kerr St / Lakeshore Rd W
Oakville

Quick Facts
6 Minutes to Oakville GO Station
8 Minutes to Oakville Place Shopping Centre
9 Minutes to Glen Abbey Golf Club
11 Minutes to Sheridan College

This new condo is just steps from Lake Ontario, Downtown Oakville, endless parks, and waterfront trails.

The Deane Condos is a charming new modern building designed to attract many buyers and investors. It will rise 4-storeys high and contain 126 spacious units in multiple layouts and floor plans. The units will be available in 76 one-bedroom units and 47 two-bedroom units.

This project will contain up to 25,000 square-feet of amenity space located mainly on the ground floor. Here, residents can step into a lavish lobby with a concierge that sits adjacent to the commercial areas, elevator and a private library where residents can come to read and relax.

Deane Condos will reside in an area known as Kerr Village, filled with an eclectic and trendy charm that people of all ages can appreciate. In addition, its proximity to Lake Ontario will offer residents scenic views of the waterfront and bright skies. Those who reside here will also benefit from the site's proximity to a wide array of unique shops, restaurants, services, and community events found on both Kerr Street and Lakeshore Boulevard.

Although this development is small, it has big goals of making a name for itself with varied uses and appealing designs. As a result, we can expect this to be a successful opportunity for savvy and first-time homeowners.

Verde Living Condos
Homer Watson Blvd/ Ottawa St S
Kitchener

Quick Facts
3 Minutes to McLennan Park
9 Minutes to Laurentian Mall
12 Minutes to University of Waterloo
13 Minutes to Google Waterloo
14 Minutes to Wilfrid Laurier University
30 Minutes to University of Guelph
40 Minutes to McMaster University
1 Hour west to Toronto
Easy connections to the newly implemented Regional Light Rail Transit (LRT) system
GO and VIA rail services are also nearby

The Waterloo region has the 4th largest population in Ontario, has the 2nd fastest growing population in the province and has a population growth expectancy of over 185,000 (35%) over the next 15 years. If you think that is a mouthful, wait until you learn about their booming tech industry.

In what is called the Kitchener Technology Hub, one can find 2,700 tech startups while Google’s Kitchener office plans to more than triple their number of employees over the coming years. Plus, popular tech businesses Shopify, Desire2Learn, Communitech and ThalmicLabs all call this hub home. So, what does all of this mean for investors?

The typical employee of any one of the businesses mentioned above is vying to live, work and play all within the vicinity. That is where you, as a condo investor, comes in.

A recent CBRE tech analysis wrote, "if we were to compare the annual average apartment rent with annual average tech-worker salary, tech salaries generally can cover the cost of living in even the most expensive markets, based on the affordability standard of 30% of income to housing".

Verde Living is the latest condominium project to provide affordable housing to meet the demand.

When it comes to the condo project itself, we anticipate luxurious open-concept layouts and large windows to let in ample natural sunlight. Each unit should also be provided with a balcony and terrace to provide its residents with maximum leisure space and scenic green views of the Laurentian Hills.

This area is becoming widely popular with investors and buyers alike as this area is booming with urban amenities and employment opportunities. These factors combined with this functional and convenient condominium make for a sound investment.