Pre-Construction Condos For Sale in Little Italy
About Little Italy's Pre-Construction Condos For Sale
A great neighbourhood in Toronto, you will find 1 Pre-Construction condo buildings within Little Italy 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.
Trinity Bellwoods and Little Portugal are nearby neighbourhoods with Pre-Construction condo buildings. Little Italy is Very Walkable with a walk score of 85. This neighbourhood is a Biker's Paradise with a bike score of 90. a Rider's Paradise is available in Little Italy.
Little Italy Condos For Sale
Located in Toronto, Little Italy is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 8 condo buildings to be exact, to its exciting streets. Little Italy is a perfect fusion of modern and hip condos, there are 4 Loft, 3 Mid-Rise, 5 Low-Rise and 1 Pre-Construction. Little Italy has some of Canada's coolest condos for sale! Condos for sale in Little Italy are on the market for an average of 13 days. Little Italy had 16 condos sold within it in 2020, an increase of 129% compared to the year before. Condos for sale in Little Italy had an average sale price of $$950,642 last year, an decrease of -23% from the prior year. This neighbourhood is Very Walkable with a walk score of 85. a Rider's Paradise is available in Little Italy. This neighbourhood is a Biker's Paradise with a bike score of 90. The neighbourhoods Trinity Bellwoods and Bickford Park are nearby.
Little Italy has many popular bakeries including Almond Butterfly Cafe (Dundas), The Night Baker, and Bunner's Bake Shop. A fresh cup of java or tea is never hard to find with Dish Cooking Studio in the hood. Do you enjoy being in the kitchen? Pick up groceries at Freshco Pharmacy Bathurst. Locals recommend eating at La Forchetta, Pizza Nova and The Lakeview Restaurant in Little Italy - they have great food! There is a surprising amount of green space with Fred Hamilton Playground in Little Italy. You can find pharmacies Freshco Pharmacy Bathurst and St Michael Drug Mart within walking distance. Bathurst College Centre is a shopping center in Little Italy that has something for everyone. If you are looking to visit a museum or art gallery #Hashtag Gallery and Crutch CAC can be found in Little Italy. Animal enthusiasts, good news Dundas Euclid Animal Hospital is in Little Italy. The school in Little Italy is Ecole elementaire Pierre-Elliott-Trudeau.
What to Expect
With Bathurst in the east, Bloor in the north and College in the south, Palmerston-Little Italy is an ideal west end location. Just outside of downtown this neighborhood is well serviced by the TTC, has its own, plentiful assortment of commercial offerings and a vibrant streetlife. Services and amenities are abundant on the very walkable sections of Bloor and College. The residential areas are lined with single and semi detached houses. Many of these offer both front and back yards, though there are not as many public green spaces in this urban sector, with the exception of the nearby Christie Pits. The trade off is well worth the return from an amazing selection of markets and restaurants. Little Italy enjoys the benefit of proximity and accessibility to other very desireable neighborhoods like the Annex and Trinity Bellwoods.
Demographics
Palmerston-Little Italy follows the trend of downtown neighborhoods where there are more working age individuals than the city average, by a little more than 10%. The thing that separates this neighborhood very distinctly from the rest of Toronto, is the 43% fewer young children. While youths over the age of fourteen are on par with the city average. There are just slightly fewer seniors than average but they choose living with family 4 to 1 over living alone. Couples and singles are equally divided but they live in low rise buildings by an overwhelming margin. 62% of the neighborhood lives in buildings with fewer than five storeys. It’s a moderately dense neighborhood with just under 10,000 people per square kilometer. While most people speak English, the second most used language is actually Portuguese, with Italian being the third most. Most new immigrants living here, were born in China. It is a highly educated neighborhood with 76% of the population having some sort of post secondary education. The aver...
Lifestyle
Expect high energy in this urban hot spot. Palmerston Little-Italy runs round the clock. Start your day early with a selection of cafes on College featuring homemade italian pastries and freshly ground and pressed espresso. Or, grab breakfast at one of the many casual choices on Bloor. Stroll the streets coffee in hand for a long morning of window shopping. College is packed with retail shops, one of a kind business and services. Bloor st is no exception, and is also jammed with retail choices, spas, salons and fitness studios. You can try yoga one day and Brazilian Jiu Jitsu the next. Entertainment options are plentiful with nightspots, theatre and live music venues. Down on college you can visit the Mod club, one of the city’s best small venues. If you’re up on Bloor you can visit Clintons or go out for a night of Karaoke in a private room. The food lover will be spoiled as the highlight of this area is the selection of restaurants. No longer just an assortment of red sauce joints, this area has everything ...
What you'll love
Transportation. It is so easy to spend days in the neighborhood just walking around, but Little Italy has fantastic access to the TTC. The streetcar runs the length of College and Bathurst, the latter connecting to the Bloor subway. Entertainment. You won’t have to head into downtown to stay up all night. With clubs, bars and live music entertainment will last all the way through to coffee the next morning.
