The city has experienced a period of architectural resurrection. This is because several buildings that were designed by world renowned architects were completed throughout the late 2000’s. Imagine living in one of the many Toronto new condos close to landmark in downtown core, or one of its many surrounding neighbourhoods – it’s enough to take your breath away.

It is projected that very soon, Toronto will have the most high-rise condominiums in the world. Young single professionals between the ages of 25-35 prefer the downtown core as their desired location to live; exactly where the city’s condo market has exploded over the last decade. There is an abundance of new pre-constructed condos for sale, and this will add to

List of New Condos in the Davisville Neighbourhood

Toronto is Canada’s economic powerhouse and its largest city, it is also North America’s fourth most populous municipality. It is bordered by Steeles Avenue to the north, the Rouge River to the east, Lake Ontario to the south and Etobicoke Creek/Highway 427 to the west. It is home to a diverse population of about 2.8 million people.

Toronto is a lively, bustling metropolis with a core of soaring skyscrapers, multi-storey condominiums, and office towers, but they are all overshadowed by the iconic CN Tower. Toronto is a dynamic, diverse, rising city that provides an optimal business environment for companies looking for a competitive edge, since it is Canada’s financial and business capital.

According to Statistics Canada Labour Force Survey data, over 1.26 million of Toronto residents are employed. Eighty-five percent of City’s residents work in the service-producing industries.

The economic outlook for 2017 is for employment to continue increasing at a rapid pace, while the unemployment rate is expected to fall well below eight percent. The housing market enterprise will continue to increase, with continued growth in prices, sales and construction.

This awe-inspiring city has virtually everything you could ever want or need within a small radius. There is always something going on every weekend throughout the year, but it is the summer when the city comes alive with multiple festivals and events happening simultaneously.

The average selling price of pre-construction condos in the City of Toronto for 2019 is $485,650. New listings, for the year thus far, has maintained a price per square foot of $883, while prices continue to grow to 10.2% year-over-year.

The average rental rate for the City of Toronto is presently $2,700. This is in addition to a rental appreciation rate of 3.5% for the past 10 years. The demand for condos is still strong here as the vacancy rate currently sits at 0.7%.

Accessibility / Getting Around

Toronto is one of the most accessible cities in North America. The TTC (Toronto Transit Commission) is a great option to get in and around the city. Their fleet consists of subways, streetcars and buses. Toronto has North America’s third largest public transit system after New York City and Mexico City.

The city is easy to maneuver with a durable grid street design, it’s one of the most extensive public transit systems in North America and has a large number of concentrated walkable pathways, trails, alleyways and bridge access.

Another project worth noting is the incoming Under Gardiner Park. New LRT lines and bike lanes will be implemented in dedication to creating a more pedestrian-friendly streetscape.

The Path System

Another advantage is to use the PATH system, which is the largest underground pedestrian walkway in North America. It connects 1200 restaurants and stores, approximately fifty office towers, twenty parking garages, six subway stations and a railway terminal over its; 28 km span. Each letter in PATH embodies a different colour, each representing a direction. The P is red, which represents south. The orange A directs pedestrians to the west, while the blue T directs them north. The yellow H which points to the east.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s

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