Bordered by Lake Ontario on the south, Rouge River on the east, and Victoria Park Avenue on the west, Scarborough is a budding urban haven in the east part of the Toronto map. Its easterly location may be far from downtown Toronto, but that’s exactly the reason why the condos for sale in this area are offered at a much lower price.
Scarborough was once considered one of the least desirable areas in Toronto. That’s no longer the case. The area has gone through major gentrification over the past few years, mainly because the prices of new condos in downtown, midtown and North York area have exceeded what most people can afford. People are flocking to the east end of the city. Since they’re seeing a great deal of investment in Scarborough, new condos and development projects quickly sprouted.
With good real estate prices, Scarborough attracted investors and young couples looking for a condo unit with best value. New condos for sale in Scarborough are reaching peak demand. With the price of a condo unit at several hundreds less per square foot, there is no surprise. Developers have noticed the sale increase and are purchasing land with the idea of re-zoning and eventually building townhomes, low-rise or high-rise condos. Future growth for pre construction condo unit developments in Scarborough is also looking very bright.
New condos in Scarborough are popping up all the time, and currently there are more than 4,000 condominium units in the community. Still, some of the notable developments in the neighbourhood include The Boroughs Condos, Nahid on Kennedy, and Birchcliff Urban Towns. The latter are some really nice condomiuniums by Core Development Group. These developments will be ready in 2023 and have great finishes like modern European style kitchens. If you’re looking for townhomes, Scarborough has you covered.
Majority of development projects in the Scarborough map are stacked townhomes or have them attached to the main complex. There are so many great options in Scarborough right now and even more are coming in the near future. If you are looking for amenities that are available downtown with access to TTC, Go trains or the highway there are few better options when it comes to value. Comparing development projects in other areas to Scarborough, new condos closer to the downtown core have more expensive prices.
If you’re scouting for new condos in Scarborough, there are some unique attractions that differentiate it from the rest of Toronto city. The neighbourhood is home to the majestic Scarborough Bluffs, a popular escarpment in Ontario, Canada. This attraction gives Scarborough locals a felling of being outside in nature. The Scarborough Bluffs is a large landscape, and it’s one of the things that put Scarborough on the map. At its tallest point, the bluffs are 90 metres high and span over 15 kilometres form edge-to-edge. In addition, the cliffs in Lake Ontario and the Rouge River provide scenery as well. The Rouge Park in Scarborough is a great national park too, although there are nine parks and even a beach in the Scarborough area.
So if you’re living in one of the neighbourhood condos in Scarborough, you can take advantage of this beautiful piece of nature on the map. Outside of the beautiful landscapes and condominiums, Scarborough is home to the Toronto Zoo. Malls are also close to the condominiums, providing a shopping centre for those living in nearby condos such as Eglinton Square.
Investing in new condos in Scarborough will place you close to popular golfing amenities. The topography of Scarborough led to the development of many different golf venues in the area. Right beside the Scarborough Victoria Park subway station is Dentonia Park. Also in the area you can find Toronto Hunt Club, Scarboro Golf and Country Club and The Cedarbrae Golf & Country Club. So if golf is your game and you spend a lot of your free time on the green, Scarborough condos got you covered.
While not the biggest in the city, its worth mentioning the Scarborough Town Centre – the fourth largest in Toronto. Besides the Scarborough Town Centre, there’s also a hub for public transit with a bus and Scarborough RT station that serves as a stop along line 3. Future plans involve making line 3 into a subway and connect to future Scarborough subway expansions. For now though you will have to make a connection if your plans involve going to downtown Toronto area.
A combination of attractions, transportation and value make Scarborough a great location for anyone looking for condos, a home unit, or a property investment. Despite being on the east end of the Toronto map, Scarborough offers new condos that are close to scenic landscapes and urban amenities. For more information on condos for sale, you can contact us directly or just use the map search above.