Pre-Construction Condos in North York

Why invest in pre-construction condos in North York?

North York is a large neighbourhood within the northern part of the city of Toronto. It is a great suburban area that is home to some great apartment complexes, up-and-coming pre-construction condos as well as old historical mansions. Property values in North York have increased by over 47.6%, and pre-construction condos in North York start from the lower $500s.
The area is seeing several pre-construction condo developments which offer breathtaking designs and state-of-the-art amenities. Since Toronto’s real estate market has gotten more expensive during the pandemic due to the demand for detached homes, fortunately, condos offer a much less expensive option for families, bachelors and even empty-nesters. Not just that, North York is well connected through highways and transit systems, making it an attractive option for renters as well, generating more return on investment on the pre-construction condos.

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About North York

North York is a vast area with a great mix of people. This area houses some of the best malls in Toronto: Yorkdale Shopping centre, Sheppard Plaza and the Don Mills centre. There are also cultural institutions like Black Creek Pioneer Village (an authentic 19th-century heritage village), Toronto Centre for the Arts, the Aga Khan Museum, and the Ontario Science Centre. North York is just not an urban jungle, it is immersed in natural beauty, there are green spaces, dells, tree-lined valleys, creeks, and cool running streams throughout the area. North York boasts a great education system and offers several schools from public to private.

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