New Condo Developments in Toronto: 4 Projects to Look Out For
The Toronto real estate market is growing rapidly, and it is not expected to slow down anytime soon. If you are thinking of an investment in the region, keep a close eye on new condo developments in Toronto. In this blog, you’ll find information on the big condominium projects in the city.
Following the effects of the COVID-19 pandemic on the real estate market in 2020, Toronto has been enjoying an active market. Last year, several builders and companies spent their time adjusting to new guidelines, restrictions, and the rising building cost.
However, the Toronto real estate market also celebrated surprisingly more sales and high property prices last year. And, experts predict that 2022 is going to be more eventful and active than last year. There are plenty of investment opportunities, such as new condo developments in Toronto, waiting for investors.
Below, we discussed condo projects that hold more potential than others:
Mattamy Homes brings its newest condo project to the prized neighbourhood of Toronto. The new development is situated nicely in the centre of a charming community, which is close to all the important places in the region – from shopping malls to Downtown Toronto and Bloor GO Station.
Westbend Residences is located near the Keele St & Bloor St W. The condo project will have one – three-bedroom suites with features like laminate flooring and stainless steel kitchen appliances.
An astonishing condo project, Queen Church is said to be the most highly sought after residences in the city. The project by Bazis, the condo project is located at 60 Queen St E, Toronto. The 57-storey condo project will have 447 suites, which include studios and three-bedroom suites.
In addition to laminate flooring, the suites will have stone kitchen countertops and stainless steel kitchen appliances. Also, the building amenities will include a fitness & yoga studio, a party room, kids play zone, and others.
Queen Church will be ready for occupancy in 2027.
The condo project by Marlin Spring Developments, Dawes Condos is expected to be one of the most exciting new condo developments in Toronto due to its location, amenities, and an architect like IBI Group behind the project.
Dawes Condos are situated at 10-30 Dawes and near the Danforth Avenue & Main Street intersection. The 24-storey and two-tower project will have 616 condo units. There will be one bedroom units (374), two bedrooms (177), and three bedrooms (65).
Celeste Condominiums is a condo project by Diamondcorp and Alterra. Located on 125 George Street, it is currently a pre construction condo project that has 39 storeys and 516 condo units. The units will consist of one bedroom – three-bedroom suites.
When it comes to suites’ features, each unit will be equipped with laminate flooring, stainless steel kitchen appliances, stacked washer & dryer, and more.
These are some hot new condo developments in Toronto. If you are looking for more investment options in the city, come to Timely Investment. Here, you’ll be able to explore plenty of current and upcoming investment opportunities.
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- new condo developments in Toronto
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