With traditional houses remaining expensive, condominiums are a popular choice for many when it comes to purchasing a residence in Toronto. With the development of several new condos in downtown Toronto, the sale of condo units has increased through 2018. It is expected that the condo market will continue to perform steadily in the upcoming months.
With the condo industry continuously evolving in response to the requirements of people, let us look at the new condo trends we can expect this fall.
With high-rise living becoming a big part of Toronto luxury condos, there is an increase in the size of the units after years of smaller units leading the trend. People have shifted their preferences towards spacious, luxurious condos with beautiful views and a variety of amenities such as a fireplace, superior flooring, individually controlled air conditioning systems, high-quality interior designing, and more.
Parking spaces are becoming a hot commodity this year. Since large units are gaining popularity, developers are using it to their advantage by focusing more on condo projects with bigger suites and individually assigned space for parking.
There is a noticeable shift in the condo trends with people preferring a family-oriented approach. Developers are creating units with end-users in mind, which is why you see bigger units with three or more bedrooms and cozy space for a family. In addition to this, kid-friendly amenities, daycare, artfully landscaped grounds, playrooms, adults-only party rooms, and on-site playgrounds among many other facilities have become crucial deciding factors for purchasing or selling condos.
There is an evident shift towards a community approach and low-maintenance lifestyle. People are looking for the entire package with facilities such as a park, transport nearby, good shops and stores, and a great neighbourhood where they can lead a life of comfort and luxury.
At The Davies, we strive to make your life comfortable with our upscale units. We have luxury condos for sale in downtown Toronto with plenty of indoor facilities such as deluxe suites with contemporary interiors, well-equipped kitchens, spa-like bathrooms, and more. In addition to this, we also have a variety of remarkable outdoor amenities such as a rooftop lounge, sophisticated lobby, 24-hour concierge, and security services.
If you are looking for new condos in the Toronto region, be sure to call us at 647-360-9588 to schedule an appointment with our sales team. You could also fill out our online form to learn more about our floor plans and pricing. Reserve your luxury condo unit with us!