We work a lot of Toronto Pre-Construction Condos each year over here at The Spring Team. It’s usually best to purchase at the very beginning (known as the “First Access or Platinum Agent” stage.

While our focus is mainly on getting clients early and best access to all Toronto Pre-Construction Condos, we find some buried gems from time to time.

We’ve spent hundreds of hours combing through developer inventory and have come up with a list of 5 developments that are have amazing suites available offering phenomenal value.

After factoring in incentives and credits, these deals are better than some new launches out there.

Top Toronto Pre-Construction Condos

1. Upper East Village Condos at 939 Eglinton Avenue East, Toronto!

The Project:

Upper East Village Condos is a project by Camrost Felcorp Inc., Diamond Corp and design team Page + Steele/ IBI Group with amenities such as private dining, fitness, lounge, massage, kid’s game room, party room, pet spa, indoor pool and common outdoor terraces.

Upper East Village (UEV) has sold out of all units under $900K but has a healthy stock of suites that offer tremendous value when compared to local houses that are unaffordable for most families and professionals.

Location and Neighbourhood Potential:

Located in the Leaside neighbourhood at Brentcliffe Rd and Eglinton Ave E, one of Toronto’s most in-demand neighbourhoods this area is usually reserved for seasoned buyers with larger budgets.

However, Upper East Village (UEV) GIVES buyer’s a unique opportunity to buy property in a community (Leaside) they otherwise wouldn’t have access to.

The Eglinton Crosstown LRT line is set to be operational in 2021 and is directly at the doorstep of UEV.

Therefore, not only will this condo be unbelievably convenient for commuting it will also make for a great investment opportunity as we’ve proven over and over again that properties directly on transit lines outperform ones that rely on busses.

A fantastic walk score of 85/100 meaning that all household errands and necessities can also be accomplished on foot with many local necessities and eateries nearby!

Incentives for Buyers:

Flexible deposit structures as well as upgrade rebates plus others that can be negotiated onsite.

Suite Sizes and Price Comparison

Available suites range from 919 sqft – 2451 sqft. The pricing starts at just a hair over $1000/PSF (that’s per square foot).

What we’re most excited about are The Towns. They’re all priced at $838/PSF and offer sizes ranging from 2000 to 2500 sqft. A house in the area of the same quality and size would cost a million dollars more. I’d love to show you how these towns and larger units are better for you than local Freehold options.

As demand for larger condos and towns increases, units like these here at UEV will be in massive demand at occupancy. We’d hate for you to miss out on that gain!

Confirmed Occupancy: June 2021

2. River and Fifth Condos at 5 Defries St. in Toronto!

The Project:

River and 5th Condos by Broccolini start from $499,000 to $1,026,000 They had a flat launch as they were competing with the super hot Wonder Condos at the time (which sold out quickly but we have a 840sqft unit available on assignment now if you’re interested).

Their less-than-spectacular launch is not a reflection of the quality of their product. Broccolini is an experienced developer and the location is phenomenal.

Location & Neighbourhood Potential:

River St may not be much to look at today but considering every single property between Dundas and Queen Street along river is currently in the hands of a developer we have put a strong BUY on these units as all others launching there will be much more expensive.

By the time River and Fifth is ready for occupancy River St will be unrecognizable. There will be developments either starting or mid construction all sold at higher prices than River & Fifth. We want you to be part of that.

Incentives for Buyers:

Extremely lenient deposit structure allowing for 5% and 2.5% deposits at a time to make toward a down payment. Capped levies, $15,000 upgrade credit and 50% discount on assignment fees should you need to pull out of the purchase for a profit!

Suite Sizes & Price Comparison:

Units from 347 – 1008 SqFt, 0-3 Bedrooms, prices from 499,990 – $1,026,000

Expected Occupancy: 2023

3. Panorama Condos in Niagara Falls!

The Project:

This condo development by Concord Adex will stand 10 storeys high and boast unparalleled views of the Niagara Falls while also providing access to fabulous amenities, high end finishes such as 9′ ceilings and breathtaking views!

Location & Neighbourhood Potential:

Located in a phenomenal community close to all amenities in Niagara Falls, this condo will be the closest condo to the QEW with lots of shopping, grocery stores, schools and parks nearby.

Niagara is an emerging city hub that will bring huge investment value in the coming years as much of the land around the condo will surely be developed thus increasing the value of the neighbourhood and overall region! This is the perfect opportunity to get in early!

Suite Sizes & Price Comparison:

Units range from 596-961 sqft with prices from the low $300,000’s with a very unique and beneficial financing structure for buyers!

Estimated Completion Date: 2021

4. Merge Condos at 2201 Kingston Road, Toronto!

The Project:

This condo will 12 storeys tall with a total of 182 suites by LCH Developments. Additionally, Merge Condos still has some South facing units with forever Lake Ontario views.

Location & Neighbourhood Potential:

In the Birchcliffe-Cliffside neighbourhood of Toronto, this is an area that will see many developments over the coming years creating not only convenience and comfort for its residents but also a great investment opportunity!

Transit is easily accessible at your doorstep to access UofT’s Scarborough Campus and to shoot you downtown quicker than ever before.

Incentives for Buyers:

$20,000-$30,000 OFF suite prices, capped development charges, ONLY 10% DEPOSIT REQUIRED IN THE FIRST YEAR, and no assignment fees if you need to sell the unit before occupancy for a tidy profit!

We’re also able to offer you $10K credits on closing for units $650K+ plus an additional $10K credit towards the purchase of a parking spot.

Suite Sizes & Price Comparison:

Available Suites are priced from $387,900 to $973,900. You can download the plan and pricing package here.

Expected Occupancy: 2022

5. Linx Condos at 286 Main Street, Danforth Village, Toronto!

The Project:

This condo will be 30 storeys tall and has a total of 301 suites with high end amenities and finishes!

Amenities will include:

o 24/7 Concierge
o A fully equipped fitness facility with a cardio room, weight room and yoga/stretch studio
o Expansive outdoor terrace with lounge areas, dining areas and BBQ’s
o Party Lounge, Bar, Private dining room with adjoined Catering Kitchen
o Business Lounge and Tech Lounge
o Children’s Playroom
o Guest Suite

Location & Neighbourhood Potential:

This condo is in the highly sought-after Danforth Village of Toronto, home to amazing greek food, culture, transportation and continually emerging areas and neighbourhoods! Additionally, the beach/lake ontario is just minutes from this condo!

Transportation includes being near GO Transit, 506 Streetcar, Woodbine/Victoria Park subway station with a 96/100 walk score and a 97/100 transit score and a 12 min transit ride to Yonge & Bloor!

Incentives for Buyers:

$5000 deposit at signing and 540 days for the other 15% spread out in 5% instalments!

Suite Sizes & Price Comparison:

Sales for available units range in price from $518,990 to $1,038,990 with units ranging from 507 sq.ft to 910 sq.ft, price of $942/ sqft.

Expected Occupancy: May 2023

That’s all for today, folks. There’s a lot to unpack here so please make sure you reach out if any questions. My team and I are always ready discuss buying and selling with you. 416-434-1511 or ara@thespringteam.ca

One last thing: don’t forget to join my digital family here. Don’t worry, I don’t blast my tribe with hard sells.

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