New Condo Developments in Toronto Enjoy Increasing Popularity

by | Dec 9, 2013 | real-estate

New condo developments in Toronto, Ontario continue to attract a wide range of people who prefer the easygoing lifestyle and benefits of condominium living. Most condominium complexes are located within minutes of downtown Toronto, which for many people is one of the most convincing selling points. It enables urban city dwellers to work and play in the downtown area, but retreat to their own private, luxurious space without having to travel far.

Suites in most of the new condo developments in downtown Toronto also include many amenities that cannot be found in other modes of living, such as vaulted 9′ high ceilings, community swimming pools and rooms, such as a place to exercise, meeting rooms, large banquet rooms, as well as party rooms with large gourmet kitchens and access to a rooftop terrace for evenings and weekends replete with barbecues and beautiful landscaping for warm summer nights of socializing under the stars.

Condo living is generally known for these kinds of luxury amenities, which often include extras in some suites, such as private garden balconies for socializing or spending private time alone. New condo developments in Toronto also include indoor and outdoor swimming pools, more outside areas for breathing well, larger balconies, Zen gardens, and beautiful, fully furnished party rooms with large, elegant fireplaces for the cold winter nights when you’d rather stay inside.

Others are attracted to condo living in Toronto because of the sense of security that is available, both in the tightly-knit community living, as well as in modern features that encourage safety and prevent intrusion. Newly developed condominiums typically offer a concierge with high-tech security features, including alarms, key pad entries, and entry phone system for visitors both at entrances, as well as in parking, replete with video monitoring available in the condominium suites.  Card access to main gates and underground parking garages, plus many other security properties, add even more substance to the safety of condo living in Toronto.

Last but not least, many people are attracted to new development condo properties in Toronto because of the price. Purchasing ownership in a condominium development is not as expensive as buying land and housing, especially if all the amenities are included in the value of the assessment. While it isn’t a lifestyle for everyone, investing in a new condo development in Toronto can make a big difference for many people who enjoy urban living and desire limited responsibility for home maintenance while taking advantage of all the luxuries and amenities that are available.

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