A pre-construction condo is a condominium that is still under construction. The term "pre-construction" can refer to both new construction and redevelopment projects. When buying a pre-construction condo, you are essentially buying a unit that does not yet exist. You are usually required to put down a deposit, which goes towards the purchase price of the unit, and the remaining balance is due when the unit is completed.
There are many benefits to buying a pre-construction condo. One of the biggest advantages is that you have the opportunity to purchase a unit at today's prices but with tomorrow's features and amenities. This can often lead to significant savings, as the value of the unit will increase as construction progresses. Simply search online for more info about pre-construction condos in Pickering.
Additionally, you may have more flexibility in terms of choosing your unit's layout and finishes. And, if you are interested in investment properties, pre-construction condos can be a great option as they offer high potential returns.
Pickering is the perfect place to build your new pre-construction condo. Here are 5 reasons why:
1. Proximity to Toronto – Pickering is just a short drive from downtown Toronto, making it the perfect place to commute from for work or play.
2. Affordability – Pickering offers great value for your money, with new construction condos.
3. Access to nature – With its proximity to Lake Ontario and the Rouge River Valley, Pickering is the perfect place to enjoy the great outdoors.
4. A growing community – Pickering is one of the fastest-growing municipalities in Canada, with a young and vibrant population.
5. A bright future – With plans for a new GO train station and an expanded waterfront, Pickering is poised for even more growth in the years to come.