Central Etobicoke, Toronto: New Construction Homes, Condos and Townhouses
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Part of the area sits along the waterfront, and Humber Bay is also close by. Many condo developments have the Centennial Park, Humber Bay Park, Colonel Samuel Smith Park and James Gardens around. These lush landscapes are perfect for walking the dog or taking a stroll through.
If you are thinking of selling your Etobicoke home, try our flat fee listing service, Our list fees start at $499, and may save you $15,000 in real estate commissions. Time is of the essence in today’s competitive housing market. Whether it’s a pre-construction project, or an existing new property for sale, Condo Shopper’s curated lists give you the advantage and keep you in the know. During the second to last step in the sales process, the developer notifies the pre-registrants that the pre-construction condos are up for sale. Sometimes, it can take developers up to a year or more to invite the pre-registrants to buy, especially if the condos are located in great areas. With local industry booming, the area has seen an increase in construction of new condominium towers, especially in places such as Bloor Street, as well as near Humber Bay.
Etobicoke Condo Prices
We uphold a standard of excellence and service unparalleled in todays ever-changing real estate industry.Our dedicated professionals work together to form a powerful and committed sales force. Our team has earned the distinction of being the Number One Independent office in Toronto in Dollar Value of MLS listings sold since 2006. Our commitment to excellence is founded upon honesty and integrity.
The range of educational institutions, retailers, government services, and churches, give Etobicoke a strong community feel. It’s what makes the area perfect for pre-construction development. Thus, anyone moving here will find a plethora of jobs and a low crime rate.
Amenities in New Etobicoke Condos
Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index — Canada’s most advanced tool to gauge local home price levels and trends. Save this search to get email alerts when listings hit the market. With access to our Etobicoke, Ontario flat fee MLS listing service, you are set free from the dreaded six percent commission so often expected by traditional real estate agents. The outstanding feature of ByOwner is that owners get the same assistance given by realtors and their houses get the same level of advertising around the world.
Line 2 Bloor-Danforth run by the Toronto Transit Commission provides easy access and ends at Kipling. The light rail line that is currently under construction will connect the northern part of Etobicoke to Finch West station. Construction for the rail line is expected to be finished in 2023. There are several major highways, such as 401, 27, 407, 427, the Queen Elisabeth Way and Gardiner Expressway passing through the area. Etobicoke is located at a mere 20 minute drive away from downtown Toronto and the major roads make it an easy commute by car. The unemployment rate is around the margin of 6.3% from a local population of around 365,000 residents, which is slightly higher than what you would find in other municipalities within the GTA.
Etobicoke Population
Most of the real estate options are detached or semi-detached single-family homes, with condominium and apartment buildings built near Humber River and the waterfront. This is the last step in the selling process, when the developer presents the project to the general public. The best condos are usually sold by this point, so buyers have to pay more for less valuable units. Later, the developer invites VIP agents to start selling the pre-construction condos. During this step of the process, the prices grow and the incentives decrease or disappear altogether. For almost 60 years, Harvey Kalles Real Estate Ltd., Brokerage has been dedicated to offering professional service to all of our customers.
It is a reasonably short drive to the closest highway, such as F G Gardiner Expressway, from anywhere in this part of the city, and coming across a place to park is quite easy. Most developers offer a limited number of exclusive deals for their friends and family members. During these sales, about 10% of the available units trade hands. The average price of sale for properties is between $982,000 and $1,164,000, with an annual change of 29% in 2021. This is a slightly higher price than what you would find in other municipalities in the GTA. Present day Etobicoke has a population of over 365,000, and is mostly known for its parks and lush landscape.
Modern & Spacious 1 Bedroom Condo Unit
This only adds to Etobicoke‘s attractiveness to residents and investors alike. The diversity is also welcome since the community is more pleasant and more accommodating as a result. It’s what makes pre-construction condos a worthy investment. Etobicoke is located in the western quarter of the city of Toronto and sits along Lake Ontario. As an administrative district and former city, Etobicoke is a great place to live outside of the hustle and bustle of downtown Toronto. Besides, the area is home to several condos that feature panoramic views of the Toronto skyline.
The information and opinions expressed on this website are those of New Home Buyers Network Inc. and only New Home Buyers Network Inc. Prices are correct at time of posting and actual prices are to be confirmed by project sales staff. The character of Etobicoke is exemplified by its slower-paced environment. Greenery is prominent in this part of the city as there are numerous tree-lined streets.
After World War II, the local economy skyrocketed along with its population, which grew from 19,000 in 1941 to 54,000 in 1951. In 1983, the Borough of Etobicoke became the City of Etobicoke. In 1998, Etobicoke, North York, East York, York and Scarborough became a part of the City of Toronto. The list is truly endless, especially with the lifestyle benefits such as nearby parks, and shopping malls and close proximity of amenities.
Etobicoke condominiums are elegantly designed and feature several sleek layouts in addition to modern loft-style designs that will please any homebuyer. The overall finish of the brand new condo projects is simply stunning. New pre-construction condos in Etobicoke boast a long list of exclusive amenities. The floor area of condos in Etobicoke ranges from 1000 sq ft to 3000 sq ft with varying prices. Queensway is located a short distance south of Cypress and is a great place to shop and dine.
With an average growth rate of about 3.1% per year, Etobicoke is a center of interest for people looking for investment opportunities. Less than 10 minutes away is Sherway Gardens, a large mall selling big-brand names. Here you’ll find a wide array of retail stores and restaurants like the Keg and Canyon Creek. The quality of education is a top priority for anyone looking to raise a family in a new location. Etobicoke has some great options when it comes to schools and educational institutes. The Father Serra Separate School and Josyf Cardinal Slipyj Separate School are the most exceptional in the area.
So, if you are considering investing in Etobicoke condos, we’ve put the following guide to show you why it’s an excellent location to choose for your condo purchase. There are 24 new home developments in Central Etobicoke, Toronto, a mix of high-rise and low-rise that are planned, under construction or recently completed. Our sellers save in the neighborhood of $average seller saves $15,000 by using ByOwner. With the aid and exposure ByOwner affords a For Sale By Owner, the profit is larger because financial cost to the seller is smaller. This step of the pre-construction sales process offers huge discounts, amazing unit choices, rebates, incentives, and more.
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