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Launching Soon! Top Condo Projects to Watch Out For in 2022

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Recently, multiple reports highlighted the reviving condo market of the Greater Toronto Area (GTA). It has been predicted that new condos are going to be costlier in the region.

According to a Royal LePage report, the median price for a condo in Toronto may reach $763,800 at some point in 2022.

However, the reports aren’t discouraging potential investors. It has been found that more people are showing interest in condos assignment projects than ever. And, more and more companies are coming to the GTA to make hay while the sun shines.

Today, the GTA has several condo projects under development. Apart from condos, apartments and townhouses for sale are grabbing the attention of potential investors.

Are you thinking of investing in pre construction condos in the GTA but endless choices confusing you? If yes, we’re here to help you out. Here’s a list of top condo projects that may attract more potential investors than others:

  • Marbella Condos

Marbella Condominium is the newest condo project by Urbane Communities which is expected to complete in 2022. The condo project is currently under construction at 7549 Kalar Road, Niagara Falls.

The project has a total of 99 units, with each condo ranging between 763 to 1423 square feet. When it comes to pricing, it starts from the low $500s.

Building amenities include a party room, lobby, outdoor terrace, outdoor dining area, social lounges, library, and others.

  • KIP District 2

It is a high-rise condo project in Etobicoke. The condominium project by Concert Properties is situated at 5365 Dundas Street West. The estimated occupancy date is sometime in March 2022.

KIP District 2 is a 24-storey modern condo project, where each unit may range from 437 Sq.Ft to 1,030 Sq.Ft.

A significant reason the condo assignment grabs the attention of potential investors is the view that it is expected to provide. From their condos, residents are going to see the sprawling Etobicoke skyline.

  • XO2 Condos

The project with 410 units, XO2 Condos, is under development at 1182 King Street West, Toronto. These are pre construction condos by Lifetime Developments and Pinedale Properties, Ltd, with each unit’s size ranging from 350 to 1045 square feet.

The project includes suites with laminate floors, stainless steel kitchen appliances, and stone countertops. Apart from that, building amenities are a kids zone, lounge & dining room, outdoor terrace, outdoor yoga space, and others.

  • Daniels FirstHome™ Keelesdale

For investors, who are looking for condos and townhomes for sale in the GTA, The Daniels Corporation, Diamondcorp and Kilmer Group have brought Daniels FirstHome™ Keelesdale. It is a condo and townhouse project whose phase 1 has 380 units.

The project is under construction at 2175 Keele Street, Toronto.

When it comes to the unit price, it may range from $529,900 to over $720,900.

  • The Keesely Condos

The new condo and townhouse development project is a pre construction development by TAS. The condos are located at 3100 Keele Street, Toronto. It is expected to be completed in 2022.

The Keesely project has 302 units, and a condo price may range between $628,990 to over $739,990.

  • The VIC Towns

Apart from condos, townhomes and apartments for sale in the GTA are expected to grab the attention of potential investors in 2022. One such project is the VIC Towns.

It is a modern townhome development by Solotex Corporation. The project with 147 units is located close to Victoria Park and Eglinton Avenues. According to its developer, the project will be one of its kind due to its features like a contemporary façade of brick and illuminated walkways.

Looking for more new condos in the GTA that are going to be launched in 2022, 2023, and near the future? Check out all of them at Timely Investment. Learn about different projects before making a decision.