E Condos For Sale at Yonge and Eglinton
Toronto Real Estate Investments and Assignments
Today we are featuring E Condos for sale at Yonge and Eglinton. This is a very anticipated development by Bazis, Metropia and Rio Can. E Condos is a 2-tower condo complex that includes retail and commercial space on the lower floors. It is located at the North East corner of Yonge and Eglinton at the address 8 Eglinton Ave East. It is currently under construction and now is the time investors are purchasing assignment units.
Many condominium purchasers in Toronto’s real estate market are investors who see the value of owning property here. Toronto is a multi-cultural hub and the largest city in Canada. The average condo values are yielding 8-10% year-over-year growth over the past 8 years according to TREB (Toronto Real Estate Board). It also has a very active rental market, with demand exceeding supply. Prices are up significantly, which of course is good for owners who receive cash flow from rents. We believe rents will continue to increase due to the growing demand to live in Toronto.
Toronto Real Estate Market 1970 – 2015
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What is an assignment?
In this video, Yossi goes through the basics of buying and selling Toronto Condo Assignments. Yossi discusses why would a seller dispose of a Toronto condo assignment, how much cheaper they are from the builder’s prices, and how to find the cheapest units.
Yossi also explains the life cycle of assignments and gives tips to assignment sellers on how to maximize the value of their investment.
E Condos is designed by Varacalli Architects, known for Crystal Blu Condos. One of the towers stand at 58 storeys and is comprised of approximately 632 units. Units range in size from studio (424 sq ft) to two bedroom suites (1,240 sq ft). Some of the units feature custom designer kitchens, 9 foot ceilings and large wrap-around balconies.
Building amenities include:
- Rooftop Terrace
- 24/7 Concierge Service
- Infinity Pool
- Fitness Centre
E Condos is located within the area of Yonge and Eglinton. This neighbourhood is undergoing a massive redevelopment. The Eglinton Light Rail Transit line is expected to be completed by 2020, which we believe will bring economic growth to business and Real Estate values. Due to these changes, there is a need for more residential development in the area. We pride ourselves in understanding which condos have top growth potential. We believe this is a great opportunity to invest in residential condos in a high-demand area. See all Yonge and Eglinton listings > HERE
E Condos – Assignment Condos For Sale
8 Eglinton Ave E – Google Map:
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