Toronto Real Estate, and especially the 2020 pre-construction condo market is off to an even stronger start than expected. Many people make resolutions to save money at this time of year, but how about resolving to MAKE money instead.
We all know Real Estate is one of the best ways to make money. It’s the top strategy for setting yourself up for retirement, however far away that seems. It’s also a steppingstone to your dream home.
Pre-construction condo investing is still one of the fastest ways to make a return on your money. And the Toronto market has some incredible launches that are coming up during the first half of 2020. Our top picks? Here they are.
Liberty Market Tower | Liberty Village
I’m sure you know this, but Liberty Village is one of THE BEST neighbourhoods in Toronto (we’re a little bias, our office is located here!) to invest in. Rentals in Liberty Village are some of the most sought after in the city. Good units typically don’t last more than a few days on the market – it’s that good.
So, if you’re even at the point in your buying cycle that you’re considering getting into pre-con investing, THIS development is for you. And here’s some additional news – the building is ALREADY under construction, so there is no speculation or risk around buying during the pre-construction sales period.
Liberty Market Tower will be located at the east end of the Liberty Market Building at 171 East Liberty Street, adjacent to where Brazen Head pub sits now. The building will have retail stores on the ground floor, offices on floors 2 through 7, and above that, 281 residential units will be housed on levels 8 through 28.
The building’s eighth floor will house over 5,000 square feet of indoor amenities and approximately 2,700 square feet outdoor amenity space.
The suites will be sized starting at 360 square feet for studio condos and go up to 1225 square feet for a three-bedroom condo.
The average suite size will be approximately 600 square feet, and 66% of the offering will be 1-bedroom and 1-bedroom + den layouts. This is an investors dream – smaller units that are perfect for rentals. Someone else paying for your investment.
For Liberty Market Tower, Lifetime has invited a very select handful of Toronto Brokers who are experts in pre-construction to sell this development. It WILL NOT be available through the general broker community and WILL NOT have a public launch. We’re one of them so register with us today here to be the first to receive floor plans and pricing.
485 Wellington | King West
The King West neighbourhood has always been one of the most popular areas in Toronto. Often compared to the SoHo neighbourhood in New York City, King West is for those looking for a home that’s in the middle of the action – shopping, restaurants, cafes and bars. You’ll also be within walking distance to Toronto’s entertainment district and Harbourfront.
The decision to live in King West should come as an easy one if you’re a young professional and want to live in the center of the action and within close proximity of your downtown job. Most King Westers don’t have children and are either living independently or as a couple, making socializing here one of the best spots in the city to meet likeminded individuals.
If you’re an investor looking for solid rents, put 485 Wellington on your radar. With so many new professionals getting into the workforce and wanting the most out of their new life downtown, units in this building won’t last long on the market – it’s nearly a guarantee.
The name behind 485 Wellington Condos, Lifetime Developments has created over 16,000 suites in the past 10 years. From conception to completion, Lifetime continues to set new benchmarks for design innovation, architectural excellence and exceeded expectations.
Over three decades, they have developed the foresight to know which land to develop, the vision to select neighbourhoods across the GTA that are poised to thrive, and the residential and commercial expertise to create places in which people want to live, work and dream.
Untitled Condos | Yonge & Eglinton
Untitled Condos will be one of the premiere launches early this year and is brought to you by the same developers from the highly successful Line 5 condominium project at Yonge and Eglinton, Reserve Properties and Westdale Properties.
Some of Reserve Properties recent highly successful projects include Line 5, Rise, 109 OZ, Bellefair, Lakehouse and Motif.
Some of Westdale Properties recent highly successful project include Line 5, Nobu Residences, Theory Condos, One Bloor and Charlie.
Interior Designer will be led and curated by U31, while the IBI Group will lead architecture. Landscape architecture will be curated by Brook McIlroy.
Units at this exciting new pre-construction development will range from Studios to 3-bedroom plans. All units will have a balcony which is very rare in Toronto pre-construction developments. All units with dens will be optimized to accommodate a pull-out couch, making these floor plans highly coveted among both end users and investors.
The neighbourhood of Yonge and Eglinton has long been one of the top destinations for young professionals in Toronto. But still today, it’s a bustling hub of activity that includes restaurants, drinking destinations, shopping, cafes and some of the best new pre-construction condo developments Toronto has seen in quite some time.
Known for being the most connected community in Toronto, one of the main draws to this area is its accessibility to public transit. Some condo buildings give you direct access to the TTC, making the winter commute bearable with just a light jacket – no snow boots needed.
Buying Pre-Construction with Toronto Realty Boutique
Is buying at any of these pre-construction launches in your cards? Learn about pre-construction and how it can work for you by registering with Toronto Realty Boutique. We’ll have VIP Broker access to floor plans and pricing, for all of these exceptional projects, getting you in BEFORE prices go up to other brokers and the general public. Simply fill out our form now – we’ll get in touch with details right away.
We don’t recommend investing in just any project. If you want to learn more about how we make our picks, contact us to set up a no-pressure call or meeting in our Liberty Village office. We’re here to help you make the right choice for your investment dollars.
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