Pre-Construction Condos For Sale in Grange Park

About Grange Park's Pre-Construction Condos For Sale

Welcome to Grange Park, 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.

If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Bay Street Corridor and Alexandra Park are nearby. Grange Park is a Walker's Paradise with a walk score of 98. This neighbourhood is Very Bikeable with a bike score of 74. a Rider's Paradise is available in Grange Park.

Grange Park Condos For Sale

The vibrant condo neighbourhood of Grange Park in Toronto has phenomenal buildings to choose from with a total of 23 condo buildings. Condo development in this neighbourhood has been booming with 11 High-Rise, 5 Pre-Construction, 3 Loft, 8 Mid-Rise, 1 Luxury and 4 Low-Rise in Grange Park. Grange Park offers some of Toronto's most sought after condos for sale! Condos for sale in Grange Park spend an average of 17 days on market. Grange Park had 218 condos sold within it in 2020, an increase of 432% compared to the year before. Condos for sale in Grange Park had an average sale price of $$916,515 last year, an increase of 21% from the prior year. This neighbourhood is Very Bikeable with a bike score of 74. a Rider's Paradise is available in Grange Park. Grange Park is a Walker's Paradise with a walk score of 98. The neighbourhoods Bay Street Corridor and Kensington are nearby.

Grab some fresh goodies at nearby bakeries Krispy Kreme Cafe and Chinese Bakery. A fresh cup of java or tea is never hard to find with Cafe Crepe and Cafe Plenty in the hood. There is cuisine from all over the world available at Lucky Moose Food Mart. Locals recommend eating at Karine's in Grange Park - they have great food! Do you love to be outside? Grange Park Promenade is a great park in Grange Park. You can find pharmacies One Community Pharmacy and Arthron5 within walking distance. Gift You is a shopping center in Grange Park that has something for everyone. Princess Margaret Hospital is the closest hospital to Grange Park. If you are looking to visit a museum or art gallery Bau-Xi Photo and Bau-Xi Gallery can be found in Grange Park. Many gyms and fitness centers are popular with residents of Grange Park. Some of these facilities are The Attic, lululemon, Happy Kids Martial Arts and Cardio-go @ in Grange Park. Local schools of Grange Park include Orde Street Public School and Ogden Junior Public School. There are many students in this neighbourhood as Ontario College of Traditional Chinese Medicine Toronto | OCTCM is located within it. Ride the subway underground, the closest station is St Patrick.

What to Expect

Right in the middle of the downtown west side, Grange Park has much to offer. Partially occupied by Chinatown and partially by the art community of Queen West, this eclectic community is packed with things to see and do. It’s a fully on-the-go lifestyle from morning through night. Street life and street level shopping dominate the culture of the area. Inexpensive and quaint stores alongside international chains. There are live music venues, pubs and restaurants, local galleries, museums and art shows. There is a vast range to what's on offer, from family run fruit and vegetable stands to the Art Gallery of Ontario. You can walk, bike or take the TTC which runs 24 hours on Queen st and connects to the subway line. Be ready to show off your individual style and to be on the go all day and night.

Demographics

As you might expect for a neighborhood this close to the core, Grange Park is densely populated. It’s  occupied by mostly working age citizens between the ages of 24 and 39. There are also families in this area that may include older teenagers and seniors. Most people speak English, though not as a first language. Chinese, Cantonese and Mandarin are also widely used in this neighborhood. The average household income is around $48,000.

Lifestyle

This is an on-the-go neighborhood. The streets are filled with people all day and night and many get the benefit of a live/work situation. The artist can find a place here with the Ontario College of Art and Design and the AGO right next door to one another and they both rest right near Grange Park for contemplation and inspiration. You’ll find many other local artists in the area as well and there are always showings and live events at the many gallery spaces. The Fashionista and the Hipster can find everything they need from DIY to brand name. There are clothing, accessory and shoe stores on this strip of Queen. There are also a number of street side and below grade stores to shop in on Spadina. The food lover will have choice of the best and freshest ingredients or dining out at one of the many amazing restaurants on Spadina or Queen. Grange Park’s eastern border is University ave. You can hop on the Subway and gain access to the other neighborhoods in the city. You could also choose to walk or ride a bike in this ultra convenient location. Don’t expect to drive. It will be more trouble than it's worth.  

What you'll love

Shopping. It really doesn’t get better than this area. From bargains to brands, you could spend a lot of time and money strolling these streets, and it would be time and money well spent. Not to be missed are the shops in Baldwin Village. The Park. Grange Park is named after this great spot. It provides a much needed break in this always exciting area. It has green space, lovely trees, a walking path and a playground. The Food. Luckily, this is a walking/cycling community. There are so many choices when it comes to eating in this part of town. You can take advantage of all of the terrific restaurants, or you can pick up your own ingredients on Spadina.