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Precondo Precondo by iRise // News and information regarding pre-construction in Toronto

03/06/2025

The Toronto condo market is struggling — is a rebound on the horizon?

The numbers don’t lie. Toronto’s high-rise condo market is facing serious challenges. Pre-construction is performing even worse than resale, and prices are seeing sharp declines.

With demand lagging and prices correcting, where does the market go from here? Are we in for further declines, or is this the perfect time for buyers to step in?

02/12/2023

The Future of the Downtown Barrie Skyline

05/02/2022

9 of the tallest towers coming to Toronto in the near future 🏗️

04/30/2022

Development charges on new condos in Toronto are going up another 49%

This will make pre-construction condos more expensive in the future

The picture gets better when you add in inclusionary zoning, foundation policies, and the rise in construction and labour costs...

11/11/2021

A quick look at some of the condo development coming to Etobicoke in the near future

Not a comprehensive list, but we count 36,227 of much needed condo market supply 🚀

10/26/2021

The top 5 loft buildings in Toronto according to loft connoisseur Riley

10/24/2021

Toronto housing market tops the UBS global bubble risk report at #2

Fun fact: we were actually at #1 back in 2017 on the same report

08/25/2021

ATTN: Toronto Condo Market Update

- Condo Resale market stats and examples
- Condo rental market stats and examples

03/07/2021

Quick walkthrough here on the Buckingham Condos at Grand Central Mimico

https://precondo.ca/23-buckingham-condos/

Right at Royal York and Newcastle, this project has awesome transit access to the Mimico GO - only a couple stops from dowtown

Right in the heart of Mimico's 60-acre 'Regeneration Area' - this is phase 1 of a master-planned community, bringing shops, retail, office and residential space to a much-needed pocket of Mimico

03/03/2021

Quick market update for Toronto Condos here

The PERFECT market conditions for Toronto condo investors Feb 21 avg detached: $1,684,073Feb 21 avg condo: $676,837This ...
03/03/2021

The PERFECT market conditions for Toronto condo investors

Feb 21 avg detached: $1,684,073
Feb 21 avg condo: $676,837

This represents a 2.5x multiple, a major dislocation from the historical mean of about a 2x ratio

In order to close this gap, condos would need to appreciate by 24%

Based on current inventory trends, 2021 is going to be a HUGE year for condo owners

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1187A King Street W
Toronto, ON
M6K3C5

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+14162032715

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