Welcome to Willowdale East, a neighbourhood in the city of Toronto with 9 Pre-Construction buildings with condos for sale. Last year, 1 Pre-Construction condo units sold in Willowdale East. Pre-Construction condo buildings in Willowdale East had an average sale price of $902,990 in 2020 and spent an average of 76 days on market. The Pre-Construction condo building with the highest Dork Rating in Willowdale East is Azura Condos with a rating of 3 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.
Azura Condos in Willowdale East was the most active Pre-Construction condo building in 2020 with 1 units sold in Willowdale East. The Pre-Construction condo building in Willowdale East with the highest average price per sqft last year was Azura Condos at $952 per sqft.
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 Willowdale and Newtonbrook East are nearby. This neighbourhood is Somewhat Bikeable with a bike score of 46. Excellent Transit is available in Willowdale East. Willowdale East is Car-Dependent with a walk score of 43.
Located in Toronto, Willowdale East is home to some of the city's trendiest condos. This neighbourhood has attracted all kinds of developments, 89 condo buildings to be exact, to its exciting streets. There is a perfect fusion of modern high-rise condos and hip lofts, there are 13 Low-Rise, 9 Pre-Construction, 22 Mid-Rise, 54 High-Rise, and 3 Luxury in Willowdale East. Condos for sale in Willowdale East offer something for everyone. The average days on market for condos for sale in Willowdale East is 19 days. Willowdale East had 1386 condos sold within it in 2020, an increase of 182% compared to the year before. Condos for sale in Willowdale East had an average sale price of $$696,643 last year, an increase of 2% from the prior year. This neighbourhood is Car-Dependent with a walk score of 43. Excellent Transit is available in Willowdale East. This neighbourhood is Somewhat Bikeable with a bike score of 46. Willowdale and Newtonbrook East are nearby neighbourhoods.
Grab some fresh goodies at nearby bakery, J Sexton Technology. Foodies won't be disappointed by the presence of excellent local restaurants Michi Sushi and The Dumpling Shop. There is a surprising amount of green space with Maplehurst Park in Willowdale East. Avondale Alternative Elementary School is a nearby schools for children living in Willowdale East. There are many students in this neighbourhood as Crown Medical Research and Pharmaceutical Sciences College of Canada is located within it.