From $435,990 - $1,011,990
Why We Chose This Project:
Investing in a pre-construction condo at Joya Condos, located at 1045 The Queensway, Etobicoke, Toronto, can be justified for several compelling reasons:
Early Investment Advantage: Purchasing a pre-construction condo allows entry into the real estate market at a lower initial cost, as the property is not yet completed, resulting in a more favorable purchase price compared to finished units.
Potential Appreciation: Real estate values tend to appreciate over time. Buying early in the development phase presents the opportunity to benefit from the potential increase in property value by the time construction is completed.
Customization Options: Many pre-construction projects offer buyers the chance to customize aspects of their condo, including finishes, fixtures, and sometimes layout, allowing for a personalized living space.
First Dibs on Desirable Units: Purchasing pre-construction ensures a wider range of units to choose from, with priority in selecting preferred locations within the building, especially advantageous in high-demand developments.
Low Initial Deposit: Developers typically require a lower initial deposit for pre-construction condos compared to the full purchase price of a completed property, offering a phased payment approach that is more manageable for buyers.
Rising Property Values in the Area: Positive growth and development in the neighborhood surrounding Joya Condos can contribute to the potential for higher property values in the future, making it a sound investment.
Modern Amenities and Features: New condo developments often come with modern amenities and features, meeting contemporary living expectations, including state-of-the-art facilities, smart home technology, and energy-efficient design.
Developer Reputation: Consider the reputation of the developer, Marlin Spring Developments, and their track record in delivering quality projects. A reputable developer provides assurance regarding the construction and completion of the condo.
Low-Interest Rates: If interest rates are currently low, it presents an opportune time to secure financing for your pre-construction condo, potentially resulting in lower mortgage costs over time.
Diverse Investment Portfolio: Including a pre-construction condo in your investment portfolio adds diversity. Real estate, as a stable and appreciating asset, offers a different investment avenue compared to traditional stocks or bonds.
The Queensway, a vibrant neighborhood in Toronto, offers several strategic advantages that make it an appealing location for real estate investment. Here are some key strategic advantages of The Queensway:
Proximity to Downtown Toronto: The Queensway's location provides convenient access to downtown Toronto, making it an attractive option for individuals who work in the city. Commuting times are often shorter, enhancing overall accessibility.
Transportation Infrastructure: The neighborhood is well-connected with a network of major roads, including The Queensway, Islington Avenue, and nearby highways such as the Gardiner Expressway. This makes commuting within the city and beyond efficient.
Public Transit Options: The Queensway benefits from public transit options, including bus routes and proximity to subway stations such as Islington Station. Efficient public transportation is a key factor for residents and can contribute to the area's overall appeal.
Amenities and Entertainment: The Queensway offers a diverse range of amenities, including shopping centers, restaurants, cafes, and entertainment options. Residents have access to a variety of services, contributing to a convenient and enjoyable lifestyle.
Green Spaces: The neighborhood features parks and green spaces, providing residents with recreational areas and a break from the urban environment. Queensway Park, with its sports facilities, is an example of the outdoor amenities available.
Development and Revitalization: Areas experiencing development and revitalization often attract real estate investment. The Queensway has witnessed ongoing development, contributing to the area's overall growth and potential for increased property values.
Cultural Diversity: Toronto, in general, is known for its cultural diversity, and The Queensway is no exception. A diverse community can enrich the overall living experience, offering a range of cultural events, dining experiences, and community activities.
Educational Institutions: Proximity to schools and educational institutions is a significant advantage for families. Access to quality education is often a key consideration for individuals when choosing a place to live.
Employment Opportunities: The Queensway's strategic location may provide residents with access to various employment opportunities in different sectors, contributing to the overall economic stability of the neighborhood.
Real Estate Market Potential: The strategic advantages mentioned above can positively impact the real estate market in The Queensway, making it an attractive option for both investors and homebuyers looking for long-term value.
Investing in Joya Condos in Queensway, Etobicoke, offers a range of compelling reasons that make it an attractive opportunity for potential investors:
Strategic Location: Joya Condos is situated in Queensway, Etobicoke, providing a strategic location that combines the tranquility of a suburban setting with proximity to downtown Toronto. This balance appeals to both residents seeking a peaceful environment and investors looking for growth potential.
Growing Community: Queensway is an evolving community with ongoing revitalization efforts, making it an exciting area for real estate investment. The combination of residential, commercial, and recreational developments contributes to the overall growth and attractiveness of the neighborhood.
Transportation Accessibility: With convenient access to major transportation arteries such as The Queensway, Gardiner Expressway, and Highway 427, Joya Condos ensures easy mobility for residents and potential tenants. This connectivity enhances the property's appeal to a broad range of individuals, including commuters and professionals.
Proximity to Amenities: Joya Condos residents can enjoy the proximity to Queensway Park, featuring 2 baseball fields and a tennis court, providing recreational opportunities. Additionally, the neighborhood offers a variety of eateries, shopping options, schools, and parks, contributing to a well-rounded lifestyle for residents.
Investment Potential: The modern design of Joya Condos, with 160 residential units and 5,000 square feet of commercial space at street level, presents a promising investment opportunity. The demand for well-located, contemporary properties in the GTA, especially in neighborhoods undergoing positive transformations, can lead to potential long-term appreciation.
Diverse Buyer Profile: Queensway's appeal to both young families and working professionals broadens the potential buyer and tenant profile, ensuring a diverse and stable demand for housing in the area.
Developer Credibility: Joya Condos is developed by Marlin Spring Developments, known for its commitment to quality construction and innovative design. Investing in a project by a reputable developer adds a layer of confidence and reliability to the investment.
The highlights of Joya Condos' immediate neighborhood, located at Islington Ave & The Queensway in Etobicoke, Toronto, contribute to the overall appeal and lifestyle of the area. While specific features may vary, here are common highlights often associated with condominium neighborhoods:
Urban Amenities: Proximity to urban amenities, such as shopping centers, restaurants, and entertainment venues, provides residents with convenient access to daily necessities and leisure activities.
Parks and Green Spaces: Nearby parks or green spaces offer residents recreational opportunities, a place to relax, and a connection with nature. It enhances the overall quality of life in the neighborhood.
Community Services: Access to essential services like schools, healthcare facilities, and community centers contributes to the neighborhood's convenience and livability.
Cultural and Arts Scene: Presence of cultural institutions, art galleries, or theaters enriches the cultural fabric of the neighborhood, offering residents opportunities for artistic and cultural engagement.
Diverse Dining Options: A variety of restaurants, cafes, and eateries in the vicinity provide residents with diverse culinary experiences. It adds to the vibrancy of the local food scene.
Retail and Shopping: Proximity to retail outlets and shopping centers allows residents to easily access shopping options for both daily needs and specialty items.
Transportation Hubs: Easy access to public transportation, major roads, and highways facilitates seamless commuting for residents, connecting them to different parts of the city.
Safety and Security: A safe and secure environment with well-lit streets and a sense of community contributes to residents' peace of mind.
Civic Events and Festivals: Participation in local events, festivals, and community gatherings fosters a sense of belonging and community spirit among residents.
Future Development Plans: Awareness of any planned developments or improvements in the neighborhood can indicate a commitment to enhancing the overall living experience for residents.
Before making a decision, it's advisable to explore the neighborhood, talk to local residents, and gather information about specific highlights that align with your preferences and lifestyle. Additionally, considering future development plans in the area can provide insights into the neighborhood's long-term growth and attractiveness.
The transportation situation in The Queensway neighborhood in Toronto is generally well-established, offering residents convenient options for commuting within the area and to other parts of the city. Here are key aspects of the transportation situation in The Queensway:
Road Network: The Queensway benefits from a well-connected road network, including its namesake street, The Queensway, which is a major east-west thoroughfare. Other important roads in the vicinity include Islington Avenue and nearby access to the Gardiner Expressway, providing efficient routes for motorists.
Public Transit: The neighborhood is served by public transit options, including bus routes that connect residents to various destinations within Toronto. Additionally, Islington Station, a subway station along Line 2 (Bloor-Danforth), is accessible from The Queensway, offering a rapid transit option for commuting.
Access to Highways: Proximity to major highways is advantageous for residents who rely on personal vehicles. The Gardiner Expressway, which is easily accessible from The Queensway, facilitates efficient travel to different parts of the Greater Toronto Area (GTA).
Cycling Infrastructure: Toronto, including The Queensway, has been investing in cycling infrastructure. Bike lanes and paths provide cyclists with alternative transportation options and contribute to a more sustainable and active lifestyle.
Walking Accessibility: The walkability of The Queensway adds to the transportation convenience. Pedestrians can access various amenities, services, and public transit stops within a reasonable walking distance, contributing to the neighborhood's overall accessibility.
Transit-Oriented Development: Transit-oriented development initiatives focus on creating communities with easy access to public transit. The presence of Islington Station and the connectivity to bus routes align with transit-oriented principles, enhancing accessibility for residents.
Project Specification
Number of Storeys 12
Total Number of Suites 321
Floor Plans 27
Suite Size Range 336 - 930 sq ft
Price / sqft from $1,033
Parking Price $65,000
Locker Price $6,000
Tips to Maximize Profit
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