This is Seaton Village, 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.
Palmerston and The Annex are nearby neighbourhoods with Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 70. a Rider's Paradise is available in Seaton Village. This neighbourhood is a Biker's Paradise with a bike score of 93.
Known as one of Toronto's condo hubs, Seaton Village, has a total of 6 condo buildings. These include 2 High-Rise, 2 Pre-Construction, 2 Low-Rise, 1 Loft, and 2 Mid-Rise. There are great options of condos for sale in Seaton Village to call home. Condos for sale in Seaton Village are on the market for an average of 14 days. Seaton Village had 37 condos sold within it in 2020, an increase of 118% compared to the year before. Last year condos for sale in Seaton Village had an average sale price of $$648,849, an increase of 12% from the year before. Seaton Village is Very Walkable with a walk score of 70. This neighbourhood is a Biker's Paradise with a bike score of 93. a Rider's Paradise is available in Seaton Village. You can find the neighbourhoods of Christie Pits and Tarragon Village nearby.
Finespun Cakes & Pastries and Hodo Kwaja are great bakeries in Seaton Village. There are some great cafes in Seaton Village such as Snakes & Lattes Annex, Coffee Pocket, and The Grapefruit Moon. Do you enjoy being in the kitchen? Pick up groceries at Village Market. Locals of Seaton Village love dining at One Love Vegetarian and Snakes & Lattes Annex. Do you love to be outside? There are great parks in Seaton Village such as Vermont Square Park and Euclid Avenue Parkette. Seaton Village Annex Optical Pharmacy and Green Pharmacy are a short walk away as well. If you are looking to visit a museum or art gallery Peter Triantos Art Gallery can be found in Seaton Village. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Healing Arts Centre is a super popular fitness center with locals. Take your pets to Bark & Meow Pet Supplies. The local schools in Seaton Village is Palmerston Avenue Junior Public School. Ride the subway underground, the closest station is Christie.