Scarborough town centre condos . An apartment project launched in the spring. 2020 is a different year for each other, and many of us are happy to move the calendar page to a new year full of health and return to normal.
The verdict on the normal situation in 2021 is still uncertain, but what we do know is that even through the pandemic, data show that sales of new apartments in the Greater Toronto area will still hit an all-time high in 2020.
Surprisingly, sales of new apartments rose by 6370 units in the third quarter of 2020, an all-time high for activity in the third quarter. Sales in Toronto actually fell 16% to 2536 vehicles, while area 905 boosted GTA’s overall sales record for the third quarter, surging 106% to 3834 vehicles.
If you have been waiting for 2020 and are ready to score in 2021 (the “year of recovery”), the secret is:
Register with us here for the latest project prices, floor plans and manuals, as well as information kits, seminars and tutoring courses that will teach you how to maximize ROI and generate passive income.
Start exploring your options before the start of the project so that you are ready to rate your preferred unit on the day of launch.
As many buyers return to the market, the last thing you want to do is miss your first, second and third choices because you don’t have time to do your homework.
We will start our list by pre-building apartment buildings at the best attractions in the city and at the site next to the Wellesley subway station. This upscale luxury apartment is an ideal place to enjoy the quintessence of Canada’s largest city. Everything from Eaton Center, Dundas Square and Yorkville is only a few steps away from this central area. You can enjoy lunch on the picturesque terrace and enjoy an active nightlife regardless of your budget-8 Wellesley is close at hand.
The fully zoned project has 599 well-designed suites ranging from 323 square feet to 828 square feet, including an one-bedroom apartment, one bedroom, one bedroom plus study, two bedrooms plus study and three bedrooms. The special design allows several outdoor amenities terraces overlooking one of the most active and eclectic neighborhoods in the city center.
The next five years will be better for apartment investors, as limited supply and high immigration will only see incredible price appreciation throughout Toronto and downtown. There is no better time to invest than now, and the price gap between apartments and detached houses is the largest ever-we know historically that when this happens, the price of new apartments will rise sharply.