Pre-Construction Condos For Sale in The Junction

About The Junction's Pre-Construction Condos For Sale

Welcome to The Junction, a neighbourhood in the city of Toronto with 5 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.

You can find the neighbourhoods of High Park North and Carleton Village nearby which have Pre-Construction condo buildings. This neighbourhood is Bikeable with a bike score of 62. Excellent Transit is available in The Junction. The Junction is a Walker's Paradise with a walk score of 92.

The Junction Condos For Sale

Located in Toronto, The Junction is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 14 condo buildings to be exact, to its exciting streets. Condo development in this neighbourhood has been thriving with 3 Mid-Rise, 5 Pre-Construction, 9 Low-Rise, 4 Loft, and 1 High-Rise. Condos for sale in The Junction offer something for everyone. Condos for sale in The Junction are on the market for an average of 11 days. There were 84 condos sold in The Junction in 2020. The Junction saw an increase in the number of condos sold by 265% compared to the year before. Last year condos for sale in The Junction had an average sale price of $$778,594, an increase of 13% from the year before. The Junction is a Walker's Paradise with a walk score of 92. This neighbourhood is Bikeable with a bike score of 62. Excellent Transit is available in The Junction. You can find the neighbourhoods of High Park North and Carleton Village nearby.

The Junction has many popular bakeries including Sweet Flour Bake Shop and Sweet Trolley Bakery. Coffee shop lovers will appreciate local cafe's like Holy Cannoli Toronto and The Sidekick. Groceries are close-at-hand with supermarket Starigrad Food Boutique in The Junction. Locals recommend eating at When The Pig Came Home Delicatessen and Dirty Food Eatery in The Junction - they have great food! The Junction offers a lifestyle full of green space for outdoor lovers, parks include Children's Garden of Hope, Runnymede Park, and Vine Avenue Playground. Junction Chemist Pharmacy is a conveniently located pharmacy in The Junction. MDC Centre is a shopping center in The Junction that has something for everyone. There are always new exhibits and events happening at Latitude 44 Gallery Framing Decor and Double Happiness Projects (DHP). Be sure to check out Jane Clapp Movement and LA Fitness if your condo building does not have a gym- some great local fitness centers! Animal enthusiasts, good news MollyWagz is in The Junction. Local schools of The Junction include Fiddle Toronto and Stringology Music Studios.