Pre-Construction Condos For Sale in Humber Bay
About Humber Bay's Pre-Construction Condos For Sale
A great neighbourhood in Toronto, you will find 4 Pre-Construction condo buildings within Humber Bay 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.
Stonegate and Swansea are nearby neighbourhoods with Pre-Construction condo buildings. Humber Bay is Somewhat Walkable with a walk score of 50. This neighbourhood is Very Bikeable with a bike score of 78. Excellent Transit is available in Humber Bay.
Humber Bay Condos For Sale
The lively condo neighbourhood of Humber Bay in Toronto has many great buildings to choose from with a total of 48 condo buildings. Condo development in this neighbourhood has been thriving with 33 High-Rise, 4 Pre-Construction, 12 Mid-Rise, 3 Loft, 8 Luxury and 3 Low-Rise. The condos for sale in Humber Bay include outstanding amenities. Condos for sale in Humber Bay spend an average of 18 days on market. Humber Bay had 1637 condos sold within it in 2020, an increase of 215% compared to the year before. Condos for sale in Humber Bay had an average sale price of $$736,248 last year, an increase of 1% from the prior year. Humber Bay is Somewhat Walkable with a walk score of 50. This neighbourhood is Very Bikeable with a bike score of 78. Excellent Transit is available in Humber Bay. The neighbourhoods Stonegate and Swansea are nearby.
Elite Weddings & Events and BB Cafe- Lakeshore are great bakeries in Humber Bay. There are some great cafes in Humber Bay such as Starbucks, Avenue Cafe and Bistro, and BB Cafe- Lakeshore. Do you enjoy being in the kitchen? Pick up groceries at Metro. Foodies won't be disappointed by the presence of excellent local restaurants Rocco's Plum Tomatoes - Queensway and Krazy Roll. There is a surprising amount of green space with Lake system, Lookout Point, and Humber Bay Park West in Humber Bay. You can find pharmacies B.WELL PHARMACY Mystic Pointe Etobicoke Mimico (methadone/suboxone) and Sobeys Pharmacy Etobicoke within walking distance. Loulou is a shopping center in Humber Bay that has something for everyone. There are always new exhibits and events happening at Studio Connect (Painting Studio / Art Gallery). If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not GetMeFit Personal Fitness is a super popular fitness center with locals. Animal enthusiasts, good news Pet Pointe is in Humber Bay. The school in Humber Bay is TorontoSail.ca. There are many students in this neighbourhood as College of Mixology is located within it.
