Precondo

The Toronto condo market is struggling — is a rebound on the horizon?

The numbers don’t lie. Toronto’s high-rise condo market is facing serious challenges. Pre-construction is performing even worse than resale, and prices are seeing sharp declines.

With demand lagging and prices correcting, where does the market go from here? Are we in for further declines, or is this the perfect time for buyers to step in?

The Future of the Downtown Barrie Skyline

9 of the tallest towers coming to Toronto in the near future 🏗️

Development charges on new condos in Toronto are going up another 49%

This will make pre-construction condos more expensive in the future

The picture gets better when you add in inclusionary zoning, foundation policies, and the rise in construction and labour costs...

A quick look at some of the condo development coming to Etobicoke in the near future

Not a comprehensive list, but we count 36,227 of much needed condo market supply 🚀

The top 5 loft buildings in Toronto according to loft connoisseur Riley

Toronto housing market tops the UBS global bubble risk report at #2

Fun fact: we were actually at #1 back in 2017 on the same report

ATTN: Toronto Condo Market Update

- Condo Resale market stats and examples
- Condo rental market stats and examples

Quick walkthrough here on the Buckingham Condos at Grand Central Mimico

https://precondo.ca/23-buckingham-condos/

Right at Royal York and Newcastle, this project has awesome transit access to the Mimico GO - only a couple stops from dowtown

Right in the heart of Mimico's 60-acre 'Regeneration Area' - this is phase 1 of a master-planned community, bringing shops, retail, office and residential space to a much-needed pocket of Mimico

Quick market update for Toronto Condos here