Pre-Construction Condos For Sale in Scarborough Village

About Scarborough Village's Pre-Construction Condos For Sale

A great neighbourhood in Toronto, you will find 2 Pre-Construction condo buildings within Scarborough Village 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 Cliffcrest and Scarborough Junction nearby which have Pre-Construction condo buildings. This neighbourhood is Somewhat Bikeable with a bike score of 38. Good Transit is available in Scarborough Village. Scarborough Village is Car-Dependent with a walk score of 39.

Scarborough Village Condos For Sale

Established as one of Toronto's condo hubs, Scarborough Village, has a total of 11 condo buildings. Scarborough Village is a perfect fusion of modern and hip condos, there are 4 Mid-Rise, 2 Pre-Construction, 1 Low-Rise and 6 High-Rise. With so many buildings to choose from in Toronto, there are naturally lots of condos for sale in Scarborough Village. Condos for sale in Scarborough Village are on the market for an average of 20 days. Scarborough Village had 150 condos sold within it in 2020, an increase of 285% compared to the year before. Last year condos for sale in Scarborough Village had an average sale price of $$440,247, an increase of 12% from the year before. Scarborough Village is Car-Dependent with a walk score of 39. This neighbourhood is Somewhat Bikeable with a bike score of 38. Good Transit is available in Scarborough Village. The neighbourhoods Guildwood and Cliffcrest are nearby.

A fresh cup of java or tea is never hard to find with Starbucks in the hood. Groceries are close-at-hand with supermarket Adabraka Supermarket in Scarborough Village. Locals of Scarborough Village love dining at Bento Sushi and KABABIANS. Scarborough Village offers a lifestyle full of green space for outdoor lovers, parks include Gates Gully and Sylvan Park. You can find the pharmacy IDA - Boniface Park Pharmacy in Scarborough Village. RIO CAN Shopping Centre is a shopping center in Scarborough Village that has something for everyone. There are always new exhibits and events happening at Escape606. George P Mackie Junior Public School is a nearby schools for children living in Scarborough Village.