Trusted real estate expert in Toronto and the GTA.
Looking to invest in a preconstruction condo in 2020? maybe you have saved up some money and you want to let it grow by investing it in properties. My goal is to educate you to look for what is important in a Condo market in Toronto especially in 2020. Also know why you are investing in the Real Estate market, why buy Condos? I have helped my family and friends made an educated decision and invest in properties that had positive ROIs in the past 8 years.
THE BEST PRE-CONSTRUCTION CONDOS IN TORONTO FOR 2020
When to Buy: Platinium VIP
Remember this, in every pre-construction condo purchase, there are people who are making a lot of money, some money and there are some who lose money. If you buy a condo unit in a Platinium VIP stage, that is a guaranteed win. that is the lowest possible price per square foot for that condo. The next level after that is, VIP agents event, the prices will go up 10-12% and most units are sold in this stage, but these buyers make less money, compared to investors who purchased in the Platinium VIP stage.
Where to Buy: Master Plan Developments
Invest in areas that are up and coming and they are growing. For example, Highway 7 and Jane was not an attractive location a few years ago, then they announced the massive “Transit City Condos”; next you see the expansion of TTC. now that place is booming. The first tower in that area sold for $600/sqf , second tower went for $650/sqf, thirst $700/sqf and it keeps going up and up and up.
so see the trend, go where there is not much going on right now, but it is developing and growing. Another signal to look for is when there is a Master Plan for an area, try to get in early for the first few towers. Another example is M City Condos in Mississauga. same story first tower sold for a much lower price than second and third.
What to Buy: 2 Bed + 2 Bath with Storage and Parking
The most in-demand Condo units for the rental market is “2 Bedroom and 2 Bathroom with Storage and Parking”, this is gold. If you have one of these units you know how popular they are, you list them today, you will get 50 application tonight. so why not invest in one? If you see a 2 Bed + 2 Bath with Storage and Parking get it fast. it is the best investment
PreConstruction Condos Toronto , New Condos in Toronto 2020
The following Pre-Construction Condos will be launched in 2020. Toronto Pre-Construction Condos in 2020
Here is the list of Pre-Construction Condos Projects to be Launched in Toronto in 2020
IQ3 Condoo
Development by: The Remington Group
45 Zorra Street, Etobicoke, ON, M8Z 4Z7
Lansing Square Condos
Development by: Elad Canada
2550 Victoria Park Ave, North York, ON M2J 5A9
Gallery Towers
Development by: The Remington Group
Birchmount Rd & Enterprise Blvd, Markham, ON L6G 1B3
NO55 Mercer
Development by: CentreCourt Developments
99 Blue Jays Way, Toronto, ON M5V 9G9
Bloor & Dufferin Condos
Development by: Metropia and Capital Developments
1131 Bloor Street West, Toronto, ON M6H 1M9
Carlyle Condos
Development by: Carlyle Communities, Fortress Real Developments and Berkley Group
124 Peter St, Toronto, ON M5V 2G7
Prime Condos
Development by: CentreCourt Developments
319 Jarvis St, Toronto, ON M5B 2C2
101 Spadina
Development by: Devron Developments and Great Gulf
101 Spadina Avenue, Toronto, ON M5V 2K2
625 Yonge St
Development by: Edenshaw Developments Limited
625 Yonge St, Toronto, ON M4Y 1Z5
Empire Quay House
Development by: Empire Communities
162 Queens Quay E, Toronto, ON M5A 1B4
The Clair Residences
Development by: Great Gulf
1421 Yonge Street, Toronto, ON M4T 1Y7
Spirits Condos
Development by: Cadillac Fairview Corporation and Lanterra Developments
169 The Donway, North York, ON M3C 4G6
Wynford Gardens Condos
Development by: Allied Hotel Properties Inc
175 Wynford Dr, North York, ON M3C 1J3
ANTHEM TOWNS IN MISSISSAUGA
Anthem Towns is a new preconstruction townhome development by Booth Developments located at 1407 Lakeshore Road East in Mississauga (Lakeshore/Dixie). Anthem Towns will have a total of 96 townhomes. Estimated completion date is set for 2022.
4694 KINGSTON ROAD CONDOS IN SCARBOROUGH
4694 Kingston Road Condos is a new preconstruction condo and townhouse development by Firmland Development Corporation located at 4694 Kingston Road in Scarborough (Kingston/Military Trail). 4694 Kingston Road Condos will be 11 storeys with a total of 168 condo units. Estimated completion date is still unknown.
SKY RESIDENCES AT ICE DISTRICT IN EDMONTON
SKY Residences is a new preconstruction condo development by ONE Properties located at 10220 103 Avenue Northwest in Edmonton. SKY Residences will be situated on floors 31 through 66. Estimated completion date is set for 2020.
PreConstruction Condos Toronto , New Condos in Toronto 2020
