About Toronto’s Pre-Construction Condo Market

Over the past 30 years, Toronto has seen a large increase in the number of new condo developments appearing. The demand for these properties and housing options in Toronto has continued to grow over the years. With new developments being approved what seems like daily, this is a great time to start or expand your real estate investment portfolio.

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Curio Condo, Toronto

Curio Condos

A Beautiful Residential Community Rising High

Tricycle Condos in Toronto

Tricycle Condos

Modern Living in Scarborough

Dunwest Condos concept rendering

Dunwest Condos

Design-Forward Living in Oakville

Mirabella Luxury Condos concept rendering

Mirabella Luxury Condos

Classic Design Meets Sweeping Lakefront Views

Rendering of townhomes at Rise at Stride Port Credit

Rise at Stride

Lakefront Living in Walkable Port Credit

Highland Commons exterior

Highland Commons

Boutique condos in a historic East Toronto neighborhood

Daniels FirstHome Pickering

Daniels FirstHome Pickering

Affordable homes for first-time home buyers

The Grand at Universal City Condos

The Grand at Universal City condos

Stunning boutique condos in a master-planned community in Pickering

LSQ Condos exterior

LSQ Condos

North York's newest modern condo community

Investing In Pre-Construction Condos

Pre-Construction condos offer buyers and investors benefit beyond simply owning a brand new condo at the end of the transaction.

  • condo construction in downtown coreWarranty - Upon completion, your condo will be covered by a new home warranty. You’ll also have the warranty information for all of your new appliances and know what condition they are in when you take ownership.
  • Better Price - Pre-construction condos are based on a predicted cost to build. As the project progresses costs may go up depending on the material and labour costs. When the project is completed developers will know how much the project has cost and will be able to charge a higher price as a result. You can look at it like buying a property in 2025 but only paying the 2021 price, and with the way that the real estate market is trending, expecting prices to continue to rise is not hard to imagine.
  • Increasing Resale Value - From the time you commit to a pre-construction condo to the time you take possession of it, the value is increasing.
  • Relatively Safe Investment - Real estate is a relatively safe investment, especially pre-construction in Toronto and the surrounding areas. Over the years, Toronto real estate has continued to perform through a number of challenges.
  • Choices - Buying a pre-construction condo unit gives you the opportunity to have a say in the layout, colours, finishings, and more! Select your own appliances with an appliance package, or leave that in the hands of the developer, it's up to you.
  • Less Stressful Buying Experience - Visiting the presentation centre is generally calmer than attending an open house, or a showing only to compete with multiple offers for a single unit. Purchasing a pre-construction condo gives investors more inventory to choose from if a unit they’re considering becomes unavailable.
  • More ability to influence strata building rules, regulations, and bylaws - many pre-construction condos come with the potential for renting your unit out upon completion. Rules, regulations, and bylaws can be voted on and changes implemented over the course of occupancy.

Jay Banerjei Real Estate Pre-Construction Investment Specialist

Contact Jay Banerjei today to help you with your Pre-Construction Real Estate Investment

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