Pre-Construction Condos For Sale in Junction Triangle

About Junction Triangle's Pre-Construction Condos For Sale

Welcome to Junction Triangle, a neighbourhood in the city of Toronto with 2 Pre-Construction buildings 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.

If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Wallace Emerson and Roncesvalles Village are nearby. This neighbourhood is Very Bikeable with a bike score of 73. a Rider's Paradise is available in Junction Triangle. Junction Triangle is a Walker's Paradise with a walk score of 92.

Junction Triangle Condos For Sale

Known as one of Toronto's condo hubs, Junction Triangle, has a total of 11 condo buildings. Condo development in this neighbourhood has been thriving with 7 Low-Rise, 5 Loft, 2 Luxury, 2 Mid-Rise, 1 High-Rise and 2 Pre-Construction. Junction Triangle offers some of Toronto's most sought after condos for sale! Condos for sale in Junction Triangle spend an average of 8 days on market. Junction Triangle had 73 condos sold within it in 2020, an increase of 232% compared to the year before. Last year condos for sale in Junction Triangle had an average sale price of $$866,407, an decrease of -22% from the year before. Junction Triangle is a Walker's Paradise with a walk score of 92. This neighbourhood is Very Bikeable with a bike score of 73. a Rider's Paradise is available in Junction Triangle. Wallace Emerson and Roncesvalles Village are nearby neighbourhoods.

Drake Commissary is a great bakery in Junction Triangle. There are some great cafes in Junction Triangle such as LOFT Kitchen and Cafe Con Leche Espresso Bar. Locals of Junction Triangle love dining at Cocina de Dona Julia and Thai Lime Restaurant. There is a surprising amount of green space with Perth Square Park in Junction Triangle. You can find pharmacies Symington Drugs and AOC Company Ltd within walking distance. There is great shopping at KeyTech Electronics/KeyTech Computers. If you are looking to visit a museum or art gallery Patel Division Projects and Fresh Never Frozen Art can be found in Junction Triangle. The local schools in Junction Triangle is Perth Avenue Junior Public School. Junction Triangle has a very accesible train station Bloor.