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 location may be far from downtown Toronto, but that’s the reason why condos for sale in this area are offered at a much lower price.
Things to Know About Scarborough
Scarborough was once considered one of the least desirable areas in Toronto. But the area has gone through major development over the past few years, mainly because the prices of new condos in downtown, midtown, and North York area climbed. People are flocking to the east end of the city. Since they’re seeing a lot of investment in Scarborough, new condos and development projects sprouted. The view in the place hastened development, too.
With good real estate prices, Scarborough attracted investors and young couples looking for a condo unit with the best value. New condos for sale in Scarborough are in demand, but prices are attractive. With the price of a condo unit at several hundred less per sq.ft. along with great view, each development increases in value.
Developers noticed the sale increase and are purchasing land with the idea of building townhomes, low-rise or high-rise condos. With development prices set to rise, Scarborough expects a bright growth for pre-construction condo unit developments.
New condos in Scarborough are popping up all the time. Currently, there are more than 4,000 condominium units for residents in the community. Some notable developments in the neighborhood include Nahid on Kennedy and Birchcliff Urban Towns by Core Development Group. These city developments will be ready to view in 2023. If you’re looking to view townhomes or condo units, Scarborough has you covered.
The majority of development projects in the Scarborough map are stacked townhomes. There are many options in Scarborough right now and more are coming. If you want to view amenities that are available downtown with access to TTC, Go trains, or the highway, there are few better options with good prices. Comparing development projects in other areas to Scarborough, new condos closer to the downtown core have expensive prices.
Sheppard Ave E, Scarborough is a popular place for residents with pre-construction condos and new condos for sale. Some development projects you can view include Towns at Rogue Valley on 883 Sheppard Ave E., Scarborough; Pinnacle Toronto East on 3260 Sheppard Ave. E., Scarborough; and an upcoming one on 3471 Sheppard Ave. E., Scarborough. New condos on Kingston Road, Eglinton Square, Lawrence Ave, and Markham Road are also popping up.
We also have Perch Condos on Kingston Rd, The Manderley Condos on Kingston Rd, and a new condo on 7437 Kingston Rd as well. Other great options you can view include Trinity Ravine Towers on Markham Rd, Merge Condos on Kingston and Danforth, 300 Danforth Rd, The Borough Condos on Lawrence Ave, 4097 on Lawrence Ave, and Daniels Firsthome on Sheppard Avenue East.
Prices of units are attractive, too. The average selling price of condos is about $314,000, with a price of $523 per square foot. These prices are low compared to units in Toronto, and considering the view, residents find it worth it.
Connections to Scarborough
Speaking of transit near condos, Scarborough lies at the eastern end of the Bloor Danforth Line. The Scarborough RT starts at Kennedy Station. The Kennedy Station is one of the stations serving the Scarborough area, aside from Warden and Victoria Park. If you want easy travel through the map of Toronto, Ontario, a property or condo development on Scarborough is a good choice. Most new condo development projects in Toronto are being built along the 401 (or just south) which connects to Don Valley Parkway. This means getting in and out of the Toronto map is relatively quick. Most of Scarborough has access to the TTC or Go transit. Consider a brand new Scarborough condo unit that’s closer to the subway or train. With homes and units just nearby, residents find transit and parking easy.
If you’re scouting for new condos, Scarborough offers unique attractions to view that differentiate it from the rest of Toronto city. The neighborhood is home to the Scarborough Bluffs, a popular escarpment in Ontario, Canada. This attraction and great view gives Scarborough residents a feeling of being outside in nature. The Scarborough Bluffs is a large landscape, and it’s one of the things that put Scarborough on the Ontario map. In addition to the bluffs, the cliffs in Lake Ontario and the Rouge River provide scenery as well. The Highland Creek is also great.
The Rouge Park in Scarborough is a great national park too, although there are nine parks and a beach in the Scarborough area. So, units always have a great view.
So if you’re living in one of the neighborhood condos in Scarborough, you can take advantage of this beautiful piece of nature on the map. Outside of the landscapes and condominiums, Scarborough is home to the Toronto Zoo . Malls are close to the condominiums, providing a shopping centre for those living in nearby condos such as Eglinton Square. As for education near condos, Scarborough has Centennial College.
Investing in new condos in Scarborough places you close to golfing amenities. The topography and view of Scarborough led to the development of many golf venues, making prices attractive too. Beside the Scarborough Victoria Park subway station is Dentonia Park. Also in the area is the Toronto Hunt Club, Scarboro Golf and Country Club.
While not the biggest in the city, the Scarborough Town Centre is the fourth largest in Toronto. Besides the Scarborough Town Centre, there’s a hub for public transit with a bus and Scarborough RT station. Future city plans involve making line 3 into a subway. Currently, you have to make a connection if you’re going to the downtown Toronto area.
A combination of attractions, view, transit, and value make Scarborough a great location for anyone looking for new condo developments, a home unit, or a property investment. Scarborough offers new condos close to a scenic view and urban amenities. It’s a great centre for development homes and it provides residents access to a great view. For more information on condos for sale and price ranges, you can contact us or use the map search above.