Pre-Construction Condos in Etobicoke

Why invest in pre-construction condos in Etobicoke?

Etobicoke, known for its lush landscape and a touch of natural beauty, is a municipality just west of Downtown Toronto. Etobicoke real estate market is constantly evolving, the municipality is growing, surrounded by amenities and is a convenient location for those who want to stay away from the hustle and bustle of downtown but still live a short drive away from Downtown. The area boasts a number of pre-construction condo developments near Kipling and Islington TTC stations. It is a great opportunity for first-time buyers and long-time investors.
This area is also home to two Humber College campuses, making it a preference for many students to rent within the area. The average price per square foot for pre-construction condos in Etobicoke is $920 and the area has seen an average appreciation rate of 7.4% for the past 10 years. Etobicoke is the least populated region within the city of Toronto and you will mostly see single-family detached homes or townhomes. The region has large expressways and industrial buildings, although pre-construction condos are developing at a rapid rate.

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About Etobicoke

Etobicoke is bordered on the south by Lake Ontario, on the east by Humber River, on the west by Etobicoke Creek, the city of Mississauga, and the Toronto Pearson International Airport and on the north by Steeles Avenue West. It is well connected to GTA and downtown Toronto, through multiple expressways and transit systems such as GO and TTC. It houses two Humber College campuses along with a campus of the University of Guelph-Humber. Etobicoke offers a robust education system with a number of schools for families to pick from offered by both the Toronto Catholic District School Board (TCDSB), and the Toronto District School Board (TDSB) making it a great option for young families to settle down!

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