Thinking about buying a pre-construction condo in Toronto in 2017? Get ready to act because the new launches will be coming fast and furious now that the New Year is upon us.
According to the City of Toronto’s data, there’s approximately 30 new launches coming in 2017. Based on some sneak peaks, these new launches could be very front end loaded for the year.
The obvious next question is, where to buy?
Your options are many and depend on the obvious key variables such as proximity to the city and price range. With so many new launches coming this year you can also now choose from both mega-style projects like M City coming to Mississauga, or smaller more boutique style settings such as Tridel’s Via Bloor Condos , situated conveniently across the top of the downtown Toronto core.
Here comes the argument for choosing the latter.
In choosing a condo closer to the city, you’re immediately appealing to the wants of many and the general idea of owning a real estate asset in the heart of a vibrant city. It’s this concept that addresses a great number of people’s needs both old and young alike. It’s perfect for those who work or study in the city, perfect for those who hate long commutes, and perfect for those who love the hustle and bustle of the city’s core.
Since much of the main downtown core has already been taken up by projects currently under construction, projects via Bloor St seem to be becoming the next focal point for new launches, with builders like Tridel and Menkes chomping at the bit to get rolling.
With its proximity to the subway, highways, shopping, and Universities, Via Bloor Condos by Tridel could be the hottest project of the year, potentially selling out even before 2016 is out of the review mirror.