Pre-Construction Condos For Sale in Little Portugal
About Little Portugal's Pre-Construction Condos For Sale
A great neighbourhood in Toronto, you will find 3 Pre-Construction condo buildings within Little Portugal 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.
You can find the neighbourhoods of Trinity Bellwoods and Beaconsfield nearby which have Pre-Construction condo buildings. This neighbourhood is Bikeable with a bike score of 59. a Rider's Paradise is available in Little Portugal. Little Portugal is Very Walkable with a walk score of 89.
Little Portugal Condos For Sale
This is Little Portugal, a neighbourhood in the city of Toronto with 17 condo buildings.Condo development in this neighbourhood has been booming with 7 Mid-Rise, 3 Pre-Construction, 9 Low-Rise, 10 Loft, and 1 High-Rise in Little Portugal. Condos for sale in Little Portugal offer something for everyone. Condos for sale in Little Portugal spend an average of 9 days on market. There were 119 condos sold in Little Portugal in 2020. Little Portugal saw an increase in the number of condos sold by 297% compared to the year before. Last year condos for sale in Little Portugal had an average sale price of $$746,120, an decrease of -5% from the year before. This neighbourhood is Bikeable with a bike score of 59. a Rider's Paradise is available in Little Portugal. Little Portugal is Very Walkable with a walk score of 89. You can find the neighbourhoods of Trinity Bellwoods and Beaconsfield nearby.
Forno Cultura, Roselle Desserts West, and The Grand Order of Divine Sweets are great bakeries in Little Portugal. There are some great cafes in Little Portugal such as Fix Coffee + Bikes, Bu'na: The Soul Of Coffee, and El Almacen. Groceries are close-at-hand with supermarkets K & N Supermarket and Sanko Trading Co. in Little Portugal. Locals of Little Portugal love dining at Bellwoods Brewery and Oyster Boy. There is a surprising amount of green space with Trinity Bellwoods Park and Trinity Bellwoods Dog Bowl in Little Portugal. You can find the pharmacy United Drug Mart in Little Portugal. Axes Smoke is a shopping center in Little Portugal that has something for everyone. Little Portugal is lucky to be home to a hospital, Toronto Western Hospital - Withdrawal Management Center. There are a number of museums and art galleries in Toronto including Inabstracto and The 6 Oceans Gallery. Many gyms and fitness centers are popular with residents of Little Portugal. Some of these facilities are MuseMovement and Montrait Muay Thai in Little Portugal. Local schools of Little Portugal include The Grove Community School, Charles G Fraser Junior Public School and Givins/Shaw Junior Public School. There are many students in this neighbourhood as Former home of Trinity College is located within it.
What to Expect
Between College, Dovercourt and the CNR rail tracks, is Little Portugal. A residential neighborhood with a commercial thoroughfare, this neighborhood is well placed to provide an easygoing lifestyle and great access to surrounding areas. The older homes in the area are complimented by an area of new build condos between King and Queen along Sudbury. Dundas is lined with new restaurants and has TTC streetcar access. Dufferin offers accessibility to surrounding neighborhoods and the areas on Queen and College both offer transportation and are packed with commercial offerings. There are restaurants, services and retail outlets. The arts community is alive on Queen and Sudbury with galleries and liver performance and event spaces. This is a commuters community and keeping a car would be an extra expense.
Demographics
Little Portugal like many downtown locations has an increased number of working age individuals. There are also more seniors in the neighborhood than the majority of Toronto at almost 10%. Young children are in noticeable absence at 33% less than the city average. Older children are also underrepresented by almost 20%. Most people live alone but there are also many two person households made up of couples and seniors living with family members. Despite the single detached homes and new build condos in the area, most people reside in low rise apartment buildings. English is the most commonly spoken language with a large community of Portuguese speakers. There are also some Cantonese speaking residents in the neighborhood. The average income is just under the city average at around $62,000 with the number of low income families also just under the average at 17%.
Lifestyle
Choose your own adventure in Little Portugal. This is one of Toronto's neighborhoods that has the benefit of sharing in the amenities of all of the neighborhoods it touches. The section of Queen offers trendy restaurants cafes, unique businesses and cafes. There are a ton of options for quick casual food from independent owners and chains. There are live music venues next to latenight music shops and it’s as vibrant a strip in the morning as it is at night. There is a huge art supply store that services the local arts community. College st is equally lively although the art scene takes a back seat to the awesome food scene. Have freshly ground espresso in the morning or catch a quick cup at a chain. You can also find plenty of fresh produce markets, and portuguese butchers. Dundas doesn’t disappoint either with as many shops and services as well as a new crop of restaurants with Toronto’s young, hot chefs at the helm. Outdoor recreation is somewhat limited but options for fitness are not. There is access to a...
What you'll love
Highrise Living. The crop of new build condos between King and Queen offer the option to enjoy condo life in a neighborhood with already established businesses and high entertainment options. Great Food. With the combination of Queen, Dundas and College there is so much great food in this neighborhood. You can eat well at home or out, with fresh fish mongers and butchers. Fancy Hotels. This area housed the rebirth of chic boutique hotels outside of downtown. They offer great entertainment for residents and a chic stay over for your out of town guests.
