Toronto is among the world’s best livable cities and is officially the fastest-developing metropolitan city in North America. With several ongoing development schemes and new opportunities, this place is booming in every aspect. The beautiful City of Toronto is undergoing a drastic surge in the real estate market amid growing demands and population.
According to the latest analysis report from Ryerson University’s Centre for Urban Research and Land Development, Toronto is at a number one position dethroning Dallas–Fort Worth–Arlington in terms of the real-estate boom. Over a decade, the average resale value has gone through an appreciation of 3.5% for the past decade, and the number continues to grow.
Toronto’s Population and Employment
The data shows that Toronto’s population grew by 127,575 in 2019, and it holds the top position as the fastest-growing central city. The city’s population is around 6.1 million, and with increasing numbers, the demand for good housing projects is growing.
This city brings in massive employment opportunities for residents as various companies including, Google, Citibank, Apple, plan to scale their business. Along with the private domain, the government is introducing multiple projects that will boost the employment sector.
Toronto added 800 new business establishments in 2020 with a 55.5% opening in Downtown, Employment Areas, and in the Centres. In the upcoming time, the employment rate will grow as more new businesses are coming to the city.
Connectivity and Leisure
Toronto residents can travel across the area seamlessly with robust and all-time available public transportation systems. From Go transportation services to regional bus routes and subway, residents never can easily transit with less time.
Toronto is a happening city, and it has something for everyone that they can enjoy and cherish the city’s beauty. This city greets its residents with popular attractions, including Royal Ontario Museum, CN Tower, Casa Loma Mansion, and many more.
Best Real Estate Projects in Toronto for Investments
At Conquer Condo, we have researched the best projects for investment in 2021. Whether you plan to move in or looking for a good investment, you should consider these projects.
House of Assembly
House of Assembly is among the most exquisite condos in Toronto, located at Perth & Sterling Rd. It offers a modern luxuriant living experience with a combination of rich culture and craft. Developed by Marlin Spring Development, a spacious lifestyle masterpiece states a new definition of high-standard living and investment profitability. The House of Assembly greets its residents with a soothing living experience along with modern amenities and peacefulness.
With an excellent transit score of 100, residents have quick access to all transportation options in no time. It’s a perfect place to live with family as several attractions are only a couple of minutes away. It’s a dream property for those who seek modern luxury along with the simplicity of rich culture and peace. This contemporary-style condo comes with 21-floor plans ranging from 489 sq ft to 1,222 sq ft, so you can pick one that suits you best.
Features
- In-suite heating and cooling system
- Custom designed two-tone kitchen
- Laminate flooring
- FOB controlled access system
- Pet wash area
Stockyards District
Stockyards District Condos, located at St Clair Ave W & Symes Rd, offers residents the experience of luxury living with a touch of calmness. Developed by Marlin Spring Development, this project comes with excellent 14-floor plans that offer full-fledged in-door leisure amenities and features. Condos are available from 792 sq ft to 1533 sq ft that are loaded with up-style interiors.
With a transit score of 83, residents can commute seamlessly with multiple transportation modes. The Gunn’s Loop Station is only an 8-minutes walk away from this beautiful property. With 236 suites, Stockyards District Condos offers an ample number of indoor and outdoor amenities.
Features
- Outdoor BBQ with dining
- Gym & yoga studio
- Party rooms and dining areas
- Play area for children
- Commercial retail area
Prime Condos
Contemporary-styled Prime Condos, located at Dundas St E & Jarvis St, is a living masterpiece that offers peacefulness in the middle of Toronto’s bustle. Prime Condos is an excellent option for those who love to have a healthy work-life balance with all urban amenities.
Developed by CentreCourt Developments, this real estate offers 12-floor plans with condos ranging from 370 sq ft to 685 sq ft. The 3-storey glass and stone podium of Prime Condos flaunts a futuristic tower design that can instantly grab everyone’s attention.
It has a transit score of 96 which means residents can commute round the clock seamlessly. As it’s only a couple of minutes away from the Financial District, it makes residents feel connected with the neighbourhood.
Features
- Fully-equipped modern kitchen
- Guest suites for residents
- Concierge services
- Security coded access fob for all
- Smart locker system
Invest in Toronto Real Estate with Conquer Condo
Learn more about these exciting upcoming projects and take advantage of the fast-paced development of Toronto City. Get in touch with Conquer Condo real estate experts at 647-812-6544 or email us at [email protected] to explore more.