Welcome to High Park, a neighbourhood in the city of Toronto with 12 Pre-Construction buildings with condos for sale. Pre-Construction condos for sale in High Park spend an average of 105 days on market with an average sale price of $2,824,900 in 2020. 2 Pre-Construction condo units were sold in High Park last year. 260 High Park had the highest Dork Rating, 2277, for a Pre-Construction condo building in High Park 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.
High Park's most active Pre-Construction condo building last year was 260 High Park with 2 units sold. The Pre-Construction condo building in High Park with the highest average price per sqft last year was 260 High Park at $1,332 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.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Roncesvalles Village and Swansea are nearby. High Park is Car-Dependent with a walk score of 36. This neighbourhood is Bikeable with a bike score of 56. a Rider's Paradise is available in High Park.
Located in Toronto, High Park is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 26 condo buildings to be exact, to its exciting streets. There is a perfect fusion of modern high-rise condos and hip lofts, there are 8 High-Rise, 12 Pre-Construction, 7 Mid-Rise, 11 Low-Rise, 2 Loft and 1 Luxury in High Park. High Park offers some of Toronto's most sought after condos for sale! The average days on market for condos for sale in High Park is 18 days. High Park had 165 condos sold within it in 2020, an increase of 251% compared to the year before. Last year condos for sale in High Park had an average sale price of $$817,854, an increase of 7% from the year before. High Park is Car-Dependent with a walk score of 36. This neighbourhood is Bikeable with a bike score of 56. a Rider's Paradise is available in High Park. The neighbourhoods Roncesvalles Village and Swansea are nearby.
Grab some fresh goodies at nearby bakery, Hannah's Cafe and Bakery. There are some great cafes in High Park such as Coffee & All That Jazz and Hannah's Cafe and Bakery. Do you enjoy being in the kitchen? Pick up groceries at Rabba Fine Foods. Locals of High Park love dining at Aztec's Mine, The Local and Pizzaville. Do you love to be outside? There are great parks in High Park such as High Park, High Park Dog Off Leash Area, and Jamie Bell Adventure Playground. You can find pharmacies Margis Pharmacy and High Park Pharmacy within walking distance. Schools in High Park include Ursula Franklin, Garden Avenue Junior Public School and Howard Junior Public School. The closest subway station is High Park.