Recent Pre-Construction Projects
Browse recent pre-construction projects in the Greater Toronto Area. If you would like to make an inquiry about available units or have questions in general, you can contact us today and we will be happy to discuss.
Wyldwood Trail
Wyldwood Trail offers preconstruction townhouses in Uxbridge. In the north end of Durham Region, you can enjoy 9' ceilings on the main floor, designer kitchens and open-concept interiors. Located along a ravine and minutes from downtown and the GO Station. Enjoy local golf courses, ski hills, and nature trails.
Starting price: Mid $1.1M
Great Gulf Condos
Great Gulf condominiums are located in Milton Village. Their newest development will have 103 suites in a 6-storey building. Choose from 1, 2, or 3-bedroom condos in the middle the of a suburban Milton.
Starting price: High $1.2M
How To Buy Pre-Construction Homes
There are several ways you can get started. If you're a go-getter, you can find as many pre-construction projects that are currently accepting offers and see if there are any units available for purchase. Because there is usually a lot of interest in pre-construction, you'll need a lot of luck to get one. This is especially true because many units are reserved for brokerages and real estate agents, granting them as many as ten units to offer to their own clients before being made available to the public.
Using A Real Estate Agent
As we just mentioned, real estate agents are often granted special priviliges which allow them to buy units before they become available. At Duke Real Estate, we are one of those agents that seek to have these priviliges for our own clients. So if you're looking to get into pre-construction, you should contact us as quickly as possible. Units are often scooped up and sold to our clients who are eager to start putting their money into pre-construction.
Benefits Of Buying Pre-Construction
One of the biggest benefits of buying pre-construction is the price of the property. Because it isn't built yet, you are essentially making an investment with the builder that they will produce a high-quality piece of property for you. As soon as the property is built, it can be lived in and even re-sold at a higher value. Pre-construction is an incredible way for first time home buyers to start investing in real estate.
It is common for many pre-construction properties to have a "for sale" sign before the project is even completed. This is a literal sign that the owner has already made a profit from the increase in value that came during and after the building process. This is also the reason why pre-construction properties are scooped up so quickly. People with money and patience are happy to put down a deposit to have another property under their belt that can either be rented to sold for a profit.