This is L'Amoreaux, a neighbourhood in the city of Toronto with 2 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 Tam O'Shanter - Sullivan and Agincourt South-Malvern West are nearby. L'Amoreaux is Car-Dependent with a walk score of 47. This neighbourhood is Bikeable with a bike score of 58. Good Transit is available in L'Amoreaux.
Located in Toronto, L'Amoreaux is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 22 condo buildings to be exact, to its exciting streets. L'Amoreaux is a perfect fusion of modern and hip condos, there are 7 Mid-Rise, 2 Pre-Construction, 2 Low-Rise and 13 High-Rise. L'Amoreaux offers some of Toronto's most sought after condos for sale! Condos for sale in L'Amoreaux spend an average of 18 days on market. L'Amoreaux had 222 condos sold within it in 2020, an increase of 149% compared to the year before. Condos for sale in L'Amoreaux had an average sale price of $$488,024 last year, an increase of 10% from the prior year. L'Amoreaux is Car-Dependent with a walk score of 47. This neighbourhood is Bikeable with a bike score of 58. Good Transit is available in L'Amoreaux. The neighbourhoods Tam O'Shanter - Sullivan and Steeles are nearby.
Red Sail Boat Bakery and Kin-Kin Bakery & Bubble Tea are great bakeries in L'Amoreaux. If you are looking for coffee Eggsmart is in L'Amoreaux. Groceries are close-at-hand with supermarkets Metro and ATT Super Market in L'Amoreaux. Foodies won't be disappointed by the presence of excellent local restaurants Dumplings And Szechuan Cuisine and Delicious Shawarma and Falafel. Do you love to be outside? There are great parks in L'Amoreaux such as Bridletowne Park, North Bridlewood Park, and Birchcrest Park. You can find the pharmacy Remedy'sRx - Deen Pharmacy in L'Amoreaux. There is great shopping at M Plaza. Scarborough Health Network - Birchmount hospital is the closest hospital to L'Amoreaux. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Fit4Less is a super popular fitness center with locals. Local schools of L'Amoreaux include Brookmill Boulevard Junior Public School, Fairglen Junior Public School and Beverly Glen Junior Public School.