Etobicoke New Condos

Why you should invest in Preconstruction Condos Etobicoke?

Etobicoke condos are nestled between Lake Ontario on the south, city of Mississauga on the west, Steeles Avenue on the north and Etobicoke Creek on the west. Etobicoke is a varied and diverse area of Toronto. From the master-planned communities up near the 401 to all the new developments on the shores of Mimico, with 20 neighbourhoods, the most western area of Toronto has something for everyone.

The wide-open spaces of Etobicoke have made it a developer’s dream, the revival of Long Branch making quite an impact on the Etobicoke Condo market. There are roughly 140 condo buildings in Etobicoke and with their close proximity to Downtown these western neighbourhoods are luring a lot of professionals out of Downtown Toronto Condos with the promise of a laid-back lifestyle on the lake.

If you’re looking for a relaxed lifestyle down by the water or a bit more fast pace, Etobicoke is an area that really does have it all. Most of the condo buildings provide basic amenities including an exercise and fitness room, swimming pools as well as elegant party rooms to enjoy get together.

Etobicoke has many public parks and trails. Among them are James Gardens on the lakeside of the Humber River, Colonel Samuel Smith Park, Humber Bay Park on the Lakeshore, and most the commonly known is Centennial Park. You can find many interesting places along the creek with many residents found either bike riding, jogging or taking a leisurely walk.

Etobicoke Real Estate Condo Prices

Real estate prices in Etobicoke are on a steady climb with a 14% rise since last year. If we compare condo prices in Etobicoke over the past three years, the rise is a substantial 45.8%. Condos have seen the sharpest rise among all real estate properties in Etobicoke. Townhomes have registered a rise of 31.5% over the last three years and detached homes saw an increase of 8.06%.

Etobicoke condo apartment prices since last time have shown an appreciation of 16% with benchmark prices standing at $518,720. Depending upon the size of the condo, its location and other factors such as amenities, prices of a particular condo may vary.

Transit Option for Etobicoke Condos

Etobicoke new Condos offer many transit options to the owners. If you have the crave the hustle and bustle of the city, there are neighbourhoods such as Islington-City Centre which is turning into shopping mecca’s with numerous big box stores not easily found downtown, transit hubs, connecting the TTC with Mississauga Transit and beyond and new communities with loads of Toronto Condos For Sale.

Any part of the city is easily reached by the network of highway and regional roads right outside your door. There are plenty of transit options available including Highway, TTC buses, GO trains and the subway make daily commute very easy. All the major highways of GTA like 27, 401, 407, 427 and the QEW are routed through the Etobicoke making it a central hub.

A new LRT line is planned for the north end of Etobicoke along Finch Avenue to connect to the Yonge-University-Spadina subway line. Etobicoke is also home to four GO stations: Etobicoke North station on the Kitchener line, Kipling station on the Milton line, as well as Long Branch and Mimico stations on the Lakeshore West line.

Etobicoke Condo Value & Trends

Looking to the future, a plethora of new condo projects are being forged in the Bloor West corridor. They begin at Highway 427 in central Etobicoke and go all the way to the Humber River, making an immense impact for years to come.

There is an abundance of new condos for sale. Look out for Condos in Etobicoke, the emerging lakeside development capital. All the new developments are planned for various Etobicoke condo neighbourhoods like Park Lawn, Lake Shore, Royal York, Dundas, and Kipling.

The average asking price for Condos in Etobicoke is around $535,128 and $600 per sq ft, whereas average size of the condo is around 950 sq ft though the newer buildings have more efficient and smaller floorplans compared to the older building.

Find new condo developments in the Etobicoke neighbourhoods

Etobicoke has as many of 20 neighbourhoods with around 120 condo buildings, each offering residents a unique lifestyle. With condos, homes, rentals, parks, shops, restaurants, culture, festivals and more, Etobicoke neighbourhoods have something for everyone.

Etobicoke and condos pretty much go hand-in-hand. There are lots of development master-planned communities are in the pipeline as well. These are Etobicoke’s hottest neighbourhood for condos right now.