Let’s talk about buying a new home in Ontario before it’s even built! This is called pre-construction and it’s super popular right now. We’re going to look at the top 5 condos and homes in Ontario that you can buy this way. These places could be great to live in or a smart way to invest your money.
Why are pre-construction properties so appealing in Ontario?
Buying early pre-construction properties often means better prices. You might get to choose how your place looks inside too. Plus, you have more time to save up money for your down payment. As the building goes up, your property might be worth more before you even move in!
What should you consider when looking at condos and homes?
When looking at pre-construction homes, keep these things in mind:
- Where is it? Is it close to the things you need?
- Who’s building it? Have they done good work before?
- What great features will the building have?
- Is the area growing?
- When do you need to pay?
- Be ready for possible delays.
Now, let’s check out the top 5 condos and homes in Ontario:
1. The Mains Tower II
This one’s in Toronto’s fun Danforth Village. Marlin Spring Development is building it. Prices start at $500,000, and it should be ready in 2026.
Impressive things about The Mains Tower II:
- You can walk to almost everything.
- It’s easy to use buses and trains.
- You can see Lake Ontario and Woodbine Park.
- They’re offering some good deals on fees.
Living here means you’re close to yummy restaurants and amazing cafes. You can easily get to the beach or the big park nearby. If you need to go downtown, it’s a quick trip on public transit or by car.
Inside, the homes will look modern and fancy. Many will have great views of the lake or city. It’s perfect if you like city life but also want some nature close by.
2. 2992 Sheppard
This 15-floor building is in Scarborough. 95 Developments is building it. Prices start at $620,000, and they think it’ll be ready in 2027. You can choose from small studios to big three-bedroom homes.
What’s great about 2992 Sheppard:
- It’s close to big schools like Ryerson and University of Toronto.
- You can easily get to major highways.
- They might soon build a new subway or train line nearby.
- The building will look sleek and modern.
The homes will be roomy with open layouts. Many will have balconies where you can sit outside. It’s great for students, young families, or anyone who wants to rent out their place.
3. 83 Bloor Street
83 Bloor Street is in Toronto’s fancy Yorkville area. You should definitely not overlook this if you are finding top condos and homes in Ontario. Riocan Living, Parallax & Westdale Properties are building this 79-floor tower. It is a mixed-use condominium development and developers are planning to complete it in 2028.
Why you should be interested in 83 Bloor Street?Â
- It’s in a busy, exciting part of downtown.
- You can walk to lots of shops and restaurants.
- It’s easy to get around by walking or public transit.
- It’s close to University of Toronto and the Financial District.
This building will be super tall and eye-catching. Everything will be luxurious inside and you’ll be able to shop and eat right in the same building. It’s perfect if you love city life and want to be where all the action is.
4. Marquis Town
Treasure Hill is building these townhouses in Cambridge. They think people can move in by 2025.
Why Marquis Town is great:
- It’s part of a bigger planned community.
- It’s close to downtown Cambridge and big highways.
- There are lots of parks and green spaces around.
- The homes will be roomy and fancy.
Living here means you get the best of both worlds. You’re close to the city, but also near lots of nature. It’s great for families or anyone who wants more space than a condo.
5. House of Assembly
This 17-floor building is in Toronto’s popular Junction Triangle area. Greybrook Realty Partners & Marlin Spring Developments plan to finish it in 2025.
Unique features of the House of Assembly:
- There are 254 homes of different sizes.
- It’s super easy to get around using public transit.
- The neighborhood is full of art and fun things to do.
- It’s close to High Park and downtown Toronto.
The building will look modern but fit in with the area’s old factory style. You’ll have lots of useful amenities. The neighborhood is known for its art scene and craft beer. It’s perfect if you want to live somewhere unique and exciting.
These top 5 condos and homes in Ontario give you lots of choices. Whether you want busy city life or a quieter area, there’s something for everyone. Just remember, buying a home that’s not built yet can be tricky. Make sure you understand everything before you decide. It’s a good idea to talk to a real estate expert too. They can help you figure out if one of these homes is right for you.
Ontario is big and busy. It’s one of Canada’s 13 provinces and more people live here than anywhere else in Canada. There are lots of pre-construction condos and homes being built in its 52 cities. But don’t just buy one without thinking! A small deposit of 5% or 10% might look good. Talk to experts before you sign anything. We can provide you with VIP access and important details of top developments in Ontario. Call us. We can help you like we’ve helped many others.
