Welcome to Parkdale, 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.
You can find the neighbourhoods of South Parkdale and Dundas West nearby which have Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 82. Excellent Transit is available in Parkdale. This neighbourhood is Very Bikeable with a bike score of 83.
Living in Parkdale gives you access to everything Toronto has to offer. With a total of 7 condo buildings, everything your heart desires is available. Parkdale is a perfect fusion of modern and hip condos, there are 6 Low-Rise, 2 Pre-Construction, 4 Loft and 1 Mid-Rise. Parkdale offers some of Toronto's most sought after condos for sale! Condos for sale in Parkdale are on the market for an average of 16 days. Parkdale had 39 condos sold within it in 2020, an increase of 875% compared to the year before. Last year condos for sale in Parkdale had an average sale price of $$653,443, an increase of 184% from the year before. This neighbourhood is Very Walkable with a walk score of 82. Excellent Transit is available in Parkdale. This neighbourhood is Very Bikeable with a bike score of 83. South Parkdale and Dundas West are nearby neighbourhoods.
Parkdale has many popular bakeries including Surprise Gifts, Craig's Cookies, and The Tempered Room. Coffee shop lovers will appreciate local cafe's like Grocery Coffee, PLENTEA, and Songtsen Cafe. There is cuisine from all over the world available at Bala Supermarket. Foodies won't be disappointed by the presence of Chantecler Restaurant. There is a surprising amount of green space with Dunn Avenue Parkette, Masaryk Park, and Marilyn Bell Park in Parkdale. International Pharmacy is a conveniently located pharmacy in Parkdale. Save72 - Eat | Shop | Save is a shopping center in Parkdale that has something for everyone. There are always new exhibits and events happening at EYE BUY ART, Royal Acadamy Of Illustration & Design and Campagnabronze. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Argonaut Rowing Club is a super popular fitness center with locals. Animal enthusiasts, good news Jameson Queen Animal Hospital is in Parkdale. Get your hot dogs and popcorn at Lakeshore Public Tennis courts and where you can watch Toronto's sports teams play. If you enjoy reading you will be happy Toronto Tool Library in Parkdale is in Parkdale. The local schools in Parkdale is Holy Family Catholic School.