Pre-Construction Condos For Sale in Downsview

About Downsview's Pre-Construction Condos For Sale

Welcome to Downsview, a neighbourhood in the city of Toronto with 7 Pre-Construction buildings with condos for sale. Pre-Construction condos for sale in Downsview spend an average of 1 days on market with an average sale price of $510,567 in 2020. 6 Pre-Construction condo units were sold in Downsview last year. The Pre-Construction condo building with the highest Dork Rating in Downsview is The Keeley with a rating of 4 in 2020.

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.

Downsview's most active Pre-Construction condo building last year was The Keeley with 6 units sold. The Keeley had the highest average price per sqft in 2020 for Pre-Construction condo buildings in Downsview with an average price per sqft of $766.

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.

If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Glenfield-Jane Heights and North York Industiral are nearby. Downsview is Car-Dependent with a walk score of 42. This neighbourhood is Somewhat Bikeable with a bike score of 41. Good Transit is available in Downsview.

Downsview Condos For Sale

Living in Downsview gives you access to everything Toronto has to offer. With a total of 16 condo buildings, everything your heart desires is available. Downsview is a perfect fusion of modern and hip condos, there are 8 Low-Rise, 7 Pre-Construction, 2 High-Rise and 5 Mid-Rise. Many condos for sale in Downsview feature excellent amenities perfectly located in Toronto. Condos for sale in Downsview are on the market for an average of 16 days. There were 138 condos sold in Downsview in 2020. Downsview saw an increase in the number of condos sold by 263% compared to the year before. Condos for sale in Downsview had an average sale price of $$482,520 last year, an increase of 10% from the prior year. Downsview is Car-Dependent with a walk score of 42. This neighbourhood is Somewhat Bikeable with a bike score of 41. Good Transit is available in Downsview. The neighbourhoods Glenfield-Jane Heights and North York Industiral are nearby.

Country Style is a great bakery in Downsview. A fresh cup of java or tea is never hard to find with Country Style in the hood. Locals of Downsview love dining at Tacontento Mexican Foods, Mang Mar's Chicharon and Downsview Restaurant. Do you love to be outside? Alinablossom is a great park in Downsview. Rainbow Tiger Tattoos is a shopping center in Downsview that has something for everyone. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Toronto School of Circus Arts is a super popular fitness center with locals. The school in Downsview is St Conrad Catholic School. There are many students in this neighbourhood as Centennial College - Downsview Campus is located within it.