Welcome to Garden District, a neighbourhood in the city of Toronto with 18 Pre-Construction buildings with condos for sale. The average sale price for Pre-Construction condo units in Garden District in 2020 was $35,652 with an average of 17 days on the market. There were 66 Pre-Construction condo units sold in Garden District last year. The Pre-Construction condo building with the highest Dork Rating in Garden District is 88 Queen with a rating of 201 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.
88 Queen in Garden District was the most active Pre-Construction condo building in 2020 with 64 units sold in Garden District. The Pre-Construction condo building in Garden District with the highest average price per sqft last year was in.DE Condos at $1,016 per sqft.
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 The Village and Cabbagetown South nearby which have Pre-Construction condo buildings. Garden District is a Walker's Paradise with a walk score of 95. This neighbourhood is a Biker's Paradise with a bike score of 99. a Rider's Paradise is available in Garden District.
Located in Toronto, Garden District is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 56 condo buildings to be exact, to its exciting streets. Condo development in this neighbourhood has been thriving with 42 High-Rise, 18 Pre-Construction, 6 Low-Rise, 8 Mid-Rise, and 3 Loft. Condos for sale in Garden District offer something for everyone. Condos for sale in Garden District are on the market for an average of 23 days. Garden District had 1037 condos sold within it in 2020, an increase of 455% compared to the year before. Last year condos for sale in Garden District had an average sale price of $$696,925, an increase of 4% from the year before. This neighbourhood is a Walker's Paradise with a walk score of 95. a Rider's Paradise is available in Garden District. This neighbourhood is a Biker's Paradise with a bike score of 99. You can find the neighbourhoods of South St. James Town and The Village nearby.
Yo-yo's is a great bakery in Garden District. A fresh cup of java or tea is never hard to find with Black Bear Espresso and Chatime in the hood. Groceries are close-at-hand with supermarkets Little Bee Supermarket and Daily Fresh Supermarket in Garden District. Foodies won't be disappointed by the presence of excellent local restaurants KINKA IZAKAYA ORIGINAL and The Senator. There is a surprising amount of green space with St. James Square and Allan Gardens Off-Leash Dog Park in Garden District. You can find pharmacies Medicare Drug Mart and Greendale Drugs within walking distance. 10 Dundas East is a shopping center in Garden District that has something for everyone. Garden District is lucky to be home to a hospital, St. Michael's Hospital Li Ka Shing Knowledge Institute. Garden District has many local events taking place with Follio Art Consulting and Ryerson Image Centre 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 Gordy's Boot Camp Toronto is a super popular fitness center with locals. Animal enthusiasts, good news Pickapaw, Inc. is in Garden District. The school in Garden District is St Michael's Choir. There are many students in this neighbourhood as Toronto Baptist Seminary & Bible College is located within it. Ride the subway underground, the closest station is College. Travel far and wide from Hospital Helipad via airplane.