Pre-Construction Condos For Sale in Mount Pleasant East
About Mount Pleasant East's Pre-Construction Condos For Sale
This is Mount Pleasant East, a neighbourhood in the city of Toronto with 3 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 Davisville Village and Mount Pleasant West are nearby. Mount Pleasant East is Very Walkable with a walk score of 76. This neighbourhood is Very Bikeable with a bike score of 73. Excellent Transit is available in Mount Pleasant East.
Mount Pleasant East Condos For Sale
The vibrant condo neighbourhood of Mount Pleasant East in Toronto has many great buildings to choose from with a total of 5 condo buildings.Mount Pleasant East is a perfect fusion of modern and hip condos, there are 3 Mid-Rise, 3 Pre-Construction, 2 Low-Rise and 1 Luxury. There are great options of condos for sale in Mount Pleasant East to call home. The average days on market for condos for sale in Mount Pleasant East is 10 days. There were 9 condos sold in Mount Pleasant East in 2020. Mount Pleasant East saw an increase in the number of condos sold by 350% compared to the year before. Last year condos for sale in Mount Pleasant East had an average sale price of $$885,211, an decrease of -46% from the year before. This neighbourhood is Very Bikeable with a bike score of 73. Excellent Transit is available in Mount Pleasant East. Mount Pleasant East is Very Walkable with a walk score of 76. Davisville Village and Mount Pleasant West are nearby neighbourhoods.
Jules Cafe Patisserie is a great bakery in Mount Pleasant East. If you are looking for coffee At Origin Coffee and Jules Cafe Patisserie offer great options in Mount Pleasant East. Locals recommend eating at Positano Restaurant, Kukum Kitchen and Zee Grill Seafood Restaurant & Oyster Bar in Mount Pleasant East - they have great food! There is a surprising amount of green space with Manor Community Green, Cudmore Creek Park, and The Mission Ground Parkette in Mount Pleasant East. There are always new exhibits and events happening at Frame Master. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not The Village Health Clinic is a super popular fitness center with locals. Schools in Mount Pleasant East include Toronto Dojo of Canada Shotokan Karate and Greenwood College School. There are many students in this neighbourhood as Canadian College of Massage and Hydrotherapy is located within it.
What to Expect
Mount Pleasant East is an active and lively community. A great place for families to live that shouldn’t be overlooked by the young urban professional. With TTC access on the Yonge subway line and with bus service throughout. There are shopping areas on Eglinton, Yonge, Bayview and Mount Pleasant. Just a few steps into the interior streets will take you to a residential hideaway. Large, single detached houses line the streets, with mature trees and manicured lawns. One of the joys of living in this area is the mixed use of the space. It’s a convenient commute into downtown but a community on its own. There are a plethora of schools to choose from for families, and outlets for extracurricular activities as well. The urban professional will enjoy the proximity to Yonge and Eglinton that supports a vibrant nightlife outside of downtown. There are terrific restaurants and cafes, daily living services, major banks and grocery stores.
Demographics
Mount Pleasant East has an interesting mix of working age singles and families with young children. There are far fewer older children but families with children under the age of fourteen are thriving in this neighborhood. There are also fewer seniors in this area, though more choose to live with family members than alone. Along the exterior streets there are high and low rise buildings. Owing to the mixed use of this neighborhood, there are many single dwellings in buildings alongside the single detached homes occupied by families. The density is increasing, although still around half of the density of the downtown neighborhoods to the south. Most people speak English but there are also number of Serbian speakers as well as Russian and Spanish speaking households. The average income is around $100,000.
Lifestyle
Choice abounds in Mount Pleasant East. With four different shopping areas to choose from, parks and the TTC this area has very attractive lifestyle options. Along Yonge there are independant shops, restaurants and street level services. Eglinton offers restaurants, banks, cleaners and daily services. It also offers a host of classes and extracurricular options of kids. There are music schools, dance schools and other outlets. These add to the stellar options for schools in the area, with Maurice Cody junior and Hodgson Senior public schools and Sunnybrook for private. For adults there are also a number of schools and education centres. Bayview offers brand name groceries as well as more independant retailers. A car is optional in this neighborhood. The interior, residential streets offer room to drive and park while the main streets are completely TTC accessible, with just a fifteen minute ride into downtown. The new Eglinton subway will add access points for transportation. For recreation there is the Davi...
What you'll love
Access. Mount Pleasant East has it all when it comes to transportation. There is TTC access, the new subway line and you can comfortably keep a car. This neighborhood is also completely and very pleasantly walkable. Quiet interior streets all have well maintained sidewalks and exterior streets all have interesting street level shopping. All of this, fifteen minutes from downtown. Families and Yuppies. It might seem impossible but both groups will be just as happy in this neighborhood. Business cater to both as do the recreational outlets. Fresh Air. The open spaces and lighter density lend to the pleasant in the moniker.
