Welcome to The Queensway, a neighbourhood in the city of Toronto with 8 Pre-Construction buildings with condos for sale. Pre-Construction condos for sale in The Queensway spend an average of 62 days on market with an average sale price of $651,967 in 2020. 3 Pre-Construction condo units were sold in The Queensway last year. The Pre-Construction condo building with the highest Dork Rating in The Queensway is Reina Condos with a rating of 2175 in 2020.
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.
Reina Condos in The Queensway was the most active Pre-Construction condo building in 2020 with 2 units sold in The Queensway. Reina Condos had the highest average price per sqft in 2020 for Pre-Construction condo buildings in The Queensway with an average price per sqft of $969.
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.
You can find the neighbourhoods of Stonegate-Queensway and Norseman Heights nearby which have Pre-Construction condo buildings. This neighbourhood is Very Bikeable with a bike score of 70. Good Transit is available in The Queensway. The Queensway is Somewhat Walkable with a walk score of 67.
This is The Queensway, a neighbourhood in the city of Toronto with 18 condo buildings.Condo development in this neighbourhood has been thriving with 3 High-Rise, 8 Pre-Construction, 5 Low-Rise, 9 Mid-Rise, and 1 Loft. The Queensway is home to some of Toronto's coolest condos for sale! The average days on market for condos for sale in The Queensway is 15 days. There were 254 condos sold in The Queensway in 2020. The Queensway saw an increase in the number of condos sold by 408% compared to the year before. Condos for sale in The Queensway had an average sale price of $$561,092 last year, an increase of 6% from the prior year. This neighbourhood is Somewhat Walkable with a walk score of 67. Good Transit is available in The Queensway. This neighbourhood is Very Bikeable with a bike score of 70. Stonegate-Queensway and Norseman Heights are nearby neighbourhoods.
Yorkshire Pudding Catering is a great bakery in The Queensway. A fresh cup of java or tea is never hard to find with Cavallino Cafe Sports Bar in the hood. Foodies won't be disappointed by the presence of excellent local restaurants Three Brothers Restaurant and Sushi Kaji Restaurant. Do you love to be outside? Jeff Healey Park is a great park in The Queensway. You can find the pharmacy Citrus Pharmacy (We Dispense Methadone & Suboxone) in The Queensway. The Queensway has many local events taking place with Level Fine Art | Creator Space & Photography/Videography Studio and The Singing Lady Consignment Emporium catering to the arts scene. Animal enthusiasts, good news Pet Valu is in The Queensway. Local schools of The Queensway include Etobicoke-Arts and EEC Sainte-Marguerite-d'Youville. There are many students in this neighbourhood as Imperial College of Toronto is located within it.