Identifying The Best Preconstruction Condo Investments
Developers are known to play a little game when setting up for their initial launching of the pre-construction condo project and one very important piece of information is… The Three Golden Keys to investing In Pre-construction Condos
Approach a pre-construction condo that you have learned about with three, highly focused bits of criteria:
- The developer…who is it?
- The location…it is premium or prime with loads of potential?
- The value…do your homework on the area!
These three pieces of criteria will save any investor money, time and effort before and after the investment. Investors want to maximize on the investment at the time of resale and to help you along is a savvy breakdown of each of the golden keys.
Believe it or not, this three-part information bits is nothing new…real estate agents have applied this savvy logic for many years, kind of like realty 101 for beginners.
If your intention is to rent any or all the condo units you buy, then you will have a steady stream of income, depending on your ability to pick the best preconstruction assigment condos. More and more people want to obtain the ‘work, live & play’ urbanistic life, so newer developments that incorporate this ideal will most likely benefit and pique the interest of the future buyer.
The Developer Difference
Every well known developer brings something unique to the table with their projects (certain architects, interior designers, landscape architects, construction companies, etc.) and it is these differences that can make or break an investment with a preconstruction condo.
Of course, there is a few developers that have excellent reputations and offer a smorgasbord of great additions to their preconstruction condos in GTA that are highly desirable…which makes them very popular amongst investors. Some of the top developers include:
Daniels Homes/Daniels Group/Daniels Corporation
Canderel Residential
Plaza Corp.
CentreCourt Developments
Liberty Development
Bazis International
Cresford Development Corporation
Concord Adex
Sugar Wharf Condos
2024 Unveiled: The Year That Revolutionized Construction and Real Estate Beyond Borders
2024 was an unmistakably glorious year for the construction and real estate sectors, marked by a furious flurry of housing developments, advanced construction agreements, and widespread international attention. This retrospective takes us down a memory lane, reliving the contribution of comprehensive contracts, the newfound role of the Construction Manager, and the surge in global interest. As we bulldoze a path into 2025, we invite you to reflect on these transformative times and share your thoughts on the future of construction and real estate. Dive into our detailed account of this incredible journey and join the discourse.
“Ontario’s 2025 Construction Revolution: Laws Set to Transform Safety, Standards, and Sustainability”
Ontario’s construction industry is set to undergo major changes with newly unveiled laws taking effect in 2025. This includes harmonizing with the National Construction Code, resulting in standardized procedures, enhanced safety and predictability for developers. Additional directives encourage sustainability, pushing for goals like energy efficiency and recycling. The federal government is also improving worker welfare through child benefit eligibility changes. Despite posing challenges to Ontario’s construction sector, these laws offer the chance for innovation and sustainable growth.
Unlocking Growth: Saskatchewan’s Self-Storage and Childcare Revolution Awaits Investors
Discover Saskatchewan’s promising potential in the self-storage and childcare construction boom. As the province sees a surge in demand for both sectors, investors and developers have unforeseen opportunities to contribute to community growth and enjoy substantial returns. This blog post explores the current trends, regulatory requirements and future prospects in these two thriving industries. Let’s delve into how we can build a resilient future in Saskatchewan, one construction project at a time.
“Canada’s Economic Comeback: Unstoppable Growth in Manufacturing and Construction”
In this blog post, we delve into the ongoing resilience and growth in the Canadian economy, particularly in the manufacturing and construction sector. Amid global economic uncertainties, Canada’s consistent development in these industries indicates a promising future. Advancements in construction technologies and green building concepts are fostering sustainable growth. We also discuss the crucial role of organizations such as Invest in Canada and Global Affairs Canada in boosting the economy. Join us as we explore what these thriving sectors and technological innovations mean for Canada’s path towards a prosperous, tech-forward future.
“Swipe Right to Save the Planet: How Canada’s ‘Tinder of Construction’ is Transforming Waste into Wealth”
Discover how the ‘Tinder of Construction’ is revolutionizing waste management in Canada’s construction industry. This innovative program seeks to divert massive volumes of construction waste from landfills by matching it with potential buyers through an online platform. Taking a ‘reduce, reuse, recycle’ stance, this initiative not only preserves environmental resources but also introduces economic efficiencies. Join this conversation, as we delve into this groundbreaking solution and its contribution to sustainable construction in Canada.
“Trump’s Surprising Housing Twist: Is America Ready for His YIMBY Gamble?”
Explore the implications of former President Trump’s ‘YIMBYism’ stance on American housing goals in our latest blog post. We delve into the complexities surrounding the notions of ‘NIMBYism’ and ‘YIMBYism,’ and how they tie into the ongoing housing crisis in the U.S. We also examine whether Trump’s YIMBY approach aligns with or diverges from existing housing goals, and the need for a fine balance between encouraging property development and meeting affordable housing targets. Join the conversation and share your thoughts on Trump’s approach to the American housing crisis.
TARION Awards of Excellence and The Homeowner’s Choice Awards
If you want to know more about any developer, you can personally check them out through TARION, which is a third party warranty corporation that oversees issues & complaints about any single developer. The goal here is to understand what makes a developer reputable and TARION does award developers that consistently build ‘spot-on’ condominiums. These awards are the TARION Awards of Excellence and The Homeowner’s Choice Awards.
TARION provides information about developers that outlines how many homes that developer has built in the past 10 years and if there are any claims registered on them (via the Ontario Builder Directory).
Checking Developers Through The BILD
Another means of checking out a developer is through the BILD (the building industry and land development association), as this division of ‘peers’ honors the best developers for each year.
Reputable developers sometimes have in-house architects & interior designers, have their own builders & construction team and some even have their own landscape architects and this lends to their individual personalities.
Let Us Show You The Depth Of Our Expertise
With our in-depth knowledge of Toronto’s real estate market, we can help you find out what the next prime neighborhood will be to make a purchase in and whether or not it will be a positive investment with the potential for a good return or not among many other factors.