A great neighbourhood in Toronto, you will find 2 Pre-Construction condo buildings within Dovercourt Park with condos for sale. There were 1 Pre-Construction condo units sold in Dovercourt Park in 2020 when the average sale price for Pre-Construction condos in Dovercourt Park was $16,500,000. In 2020 Pre-Construction condo units for sale in Dovercourt Park had an average of 8 days on market.
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.
Dovercourt Park's most active Pre-Construction condo building last year was Bloor and Dovercourt with 1 units sold.
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.
You can find the neighbourhoods of Davenport and Wallace Emerson nearby which have Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 80. Excellent Transit is available in Dovercourt Park. This neighbourhood is Very Bikeable with a bike score of 85.
Established as one of Toronto's condo hubs, Dovercourt Park, has a total of 7 condo buildings. These include 5 Low-Rise, 5 Loft, 1 Luxury, 1 Mid-Rise, 2 Pre-Construction and 1 High-Rise. With so many buildings to choose from in Toronto, there are unsurprisingly many condos for sale in Dovercourt Park. Condos for sale in Dovercourt Park are on the market for an average of 30 days. There were 8 condos sold in Dovercourt Park in 2020. Dovercourt Park saw an increase in the number of condos sold by 167% compared to the year before. Condos for sale in Dovercourt Park had an average sale price of $$3,138,862 last year, an increase of 33% from the prior year. This neighbourhood is Very Walkable with a walk score of 80. Excellent Transit is available in Dovercourt Park. This neighbourhood is Very Bikeable with a bike score of 85. Christie Pits and Davenport are nearby neighbourhoods.
Dovercourt Park has many popular bakeries including Bakerbots Baking, Pancho's Bakery, and Progress Bakery. There are some great cafes in Dovercourt Park such as Santana's Bakehouse, Bakerbots Baking, and Bloor Court Cafe. Foodies won't be disappointed by the presence of excellent local restaurants The Empire, The Hogtown Vegan and Village Pizza. Dovercourt Park offers a lifestyle full of green space for outdoor lovers, parks include Salem Westmoreland Parkette Park Fitness Circuit, Dovercourt Park Campfire Pit, and Dovercourt Park. You can find pharmacies Sone's Pharmacy and Main Drug Mart within walking distance. Dovercourt Park has many local events taking place with COOPER COLE and InterAccess catering to the arts scene. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Toronto Bujinkan Koroku Dojo is a super popular fitness center with locals. Animal enthusiasts, good news Bloorcourt Veterinary Clinic is in Dovercourt Park. The school in Dovercourt Park is St Anthony Catholic School. The closest subway station is Ossington.