Pre-Construction Condos For Sale in Armour Heights
About Armour Heights's Pre-Construction Condos For Sale
Welcome to Armour Heights, a neighbourhood in the city of Toronto with 1 Pre-Construction buildings with condos for sale.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
Lansing-Westgate and Nortown are nearby neighbourhoods with Pre-Construction condo buildings. Armour Heights is Car-Dependent with a walk score of 12. This neighbourhood is Somewhat Bikeable with a bike score of 31. Good Transit is available in Armour Heights.
Armour Heights Condos For Sale
The calmer condo neighbourhood of Armour Heights in Toronto has great buildings to choose from with a total of 4 condo buildings. These are comprised of 3 High-Rise, 1 Low-Rise and 1 Pre-Construction. Armour Heights is home to some of Toronto's coolest condos for sale! Condos for sale in Armour Heights are on the market for an average of 11 days. Armour Heights had 28 condos sold within it in 2020, an increase of 600% compared to the year before. Condos for sale in Armour Heights had an average sale price of $914,288 last year, an increase of 23% from the prior year. This neighbourhood is Somewhat Bikeable with a bike score of 31. Good Transit is available in Armour Heights. Armour Heights is Car-Dependent with a walk score of 12. The neighbourhoods Lansing-Westgate and Nortown are nearby.
Richmond Kosher Bakery is a great bakery in Armour Heights. Do you enjoy being in the kitchen? Pick up groceries at The South African Store. Locals recommend eating at Noah Kosher Sushi in Armour Heights - they have great food! You can find pharmacies Beaver Drugs and Pharmacita within walking distance. Local schools of Armour Heights include Summit Heights Public School and Armour Heights Public School.
