It’s no secret that the Toronto condo market is exploding. With mortgage rates at an all time low, home seekers and investors are running to snatch up available resale units or assignments in any one of Toronto’s luxury towers, boutique condos or trendy lofts. Available units are becoming a rare commodity in most of Toronto’s sought after neighbourhoods and even condos that are currently in the construction phase are usually 80% sold-out by now. There has never been a better time to purchase a Downtown Toronto condo than right now, but just because the market is hot doesn’t mean you’re ready to buy. You might be hesitant to pull the trigger on a new condo deal and feel that next year or the year after will be the most ideal time to buy, but the fear of not knowing what will be available in the future may compel you to buy now. Set those fears aside because we have the inside scoop of upcoming developments that have yet to be fully released: FAD Condos, Massey Tower, Minto 30 Roe, HighPark Residences, 90 Harbour, and INDX Condos.
Only people in the know are aware of these exciting upcoming projects and real estate offices around the city are buzzing with anticipation. Fashion District Condominiums is a stunning 17-storey condominium containing 186 polished suites that’s currently in the planning stages. Developed by Triwin International and designed by Wallman Architects, FAD Condos will be ideally located at 170 Spadina Ave at Queen West.
Massey Condos, a mixed-use 60-storey condo at 197 Yonge Street, will be perfectly positioned across from the Eaton Centre. Mod Developments have just recently secured this historic site and are eager to start construction.
Minto 30 Roe is a highly anticipated condo project by Minto at 30 Roehampton. Rising 34-storeys at the heart of Yonge & Eglinton, this new condo will feature a fabulous design and exciting amenities at a stellar location.
Coming soon to the dynamic Dundas and Ossington neighbourhood at 1243 Dundas St W is Abacus Lofts. Abacus will house 43 exclusive oversized loft units with precision crafted interiors that will appeal to anyone craving a lavish living space.
HighPark Residences, by The Daniels Corporation is a highly touted condo + townhome project currently in preconstruction. Directly across from glorious High Park, this 346-unit masterpiece is where urban living meets Mother Nature at 1844 Bloor St W. Arguably, the most anticipated project on this list is 90 Harbour. Complete details are still under wraps but 90 Harbour will consist of two residential towers soaring 70- and 31-storeys into the Toronto skyline and fused together by a 100,000 sq ft podium.
Last on this prestigious list of upcoming condo projects is INDX Condos by Lifetime Developments and Centrecourt Developments. Located at 70 Temperance, in the heart of the financial district at Bay & Adelaide, this new address is still shrouded in mystery but if Lifetime Developments past projects are any indication; INDX will be a 54-storey stunner.
Investing in a condominium to get the best deal while maximizing profits is all about getting in on the ground floor and being there before anyone else. You hear people say it all the time, “ if only I could have gotten in sooner I’d save a fortune”, or, “had I known about this project I would have made a killing”…Contact Yossi Kaplan today to discuss future developments.