We are only about to enter the third month of 2023 but the GTA Preconstruction Market is in full speed ahead.

With multiple launched projects, all offering a wide array of incentives and discounts, to call the current options available daunting is a severe understatement. 

To directly address this, here are 5 projects available on CondoX right now that we can confidently recommend as ideal choices for both Investors as well as Move In. 

You will find the project page of each featured project on the right side of this article. 

Project 1: Highland Commons 2 (Best Rental Program) 

Location: 1625 Military Trail, Scarborough, ON
Project Type: Condo
Developer: Altree Developments
Occupancy Date: March 2025

Highland Commons is notable for one primary reason, an extremely generous guaranteed rental program. 

Currently, 1 Bedroom are guaranteed a $3500 rental income for 2 years. Starting from 2 Bedrooms the guaranteed income period is extended to 3 years, with total income reaching as high as $5000 for 3 Bedrooms. 

Coupled with close proximity to the Univerisity of Toronto Scarborough. Highland Commons 2 is the most ideal investment option for investors seeking a more hands-off approach to long-term rental income. 

Project 2: Highlight Condos (Best Option in Mississauga)
Location: 4070 Dixie Road, Mississauga, ON
Project Type: Condo
Developer: Hazelton Developments
Occupancy Date: Summer 2023

Highlight Condos has the fastest approaching Occupancy Date out of all these featured projects, with units ready to move in by Summer 2023. 

It is also the most affordable preconstruction project in the region. Units are currently priced at well under the $1200/sqft average of newly built condos in Mississauga. 

The project currently features a 10% Down Deposit Schedule, with $0 Development Fees. Current purchasers are even subject to a 3% cash back at closing OR mortgage buy down with 3.5% off the interest rate for 1 year. 

Square One, Costco and University of Toronto Mississauga are all accessible in under 10 minutes, easlily allowing Highlight Condos to outrank its nearby competition in both transportation viability as well as affordability. 


Project 3: Nautique Condos (Lowest Downpayment in West GTA)

Location: 374 Martha Street, Burlington, ON
Project Type: Condo
Developer: Adi Development Group
Occupancy Date: June 2024

In a rarely seen incentive in GTA's preconstruction project, Nautique Condos is offering an exclusive 4% only Deposit program. Paired with Free Parking as well as Free Assignment, the project is primed for investors who are looking for low buy-ins for maximum profit. 

The project itself boasts a beautiful lakefront location with easy access to downtown Burlington.


Project 4: Westbend Condos (Great Discount in Downtown Toronto)

Location:  1660 Bloor Street West, Toronto, ON
Project Type: Condo
Developer: Mattamy Homes Canada
Occupancy Date: December 2024

Developed by the very prolific Mattamy Homes, we currently have on hand the final 1+1 unit at Westbend Condos at an incredible 80K off discount. 

Located at the heart of High Park, Westbend is steps away from Keele TTC, and with no development charges as well as one year of free maintenance. Both investors, as well as those looking to move in are well suited to this spacious 1 + 1 unit. 


Project 5: 8 Elm (Downtown Inventory with at Amazing Location)

Location: 8 Elm St, Toronto ON
Project Type: Condo
Developer: Reserve Properties & Capital Developments
Occupancy Date: April 2027

8 Elm needs no introduction, located in the heart of downtown Toronto with direct access to Dundas Station as well as Toronto Metropolitan University. Enjoy Free Assignment as well as Right to Lease alongside a 10% only deposit for Occupancy in 2027.

This is the ideal project for Investors who are looking for the best location the city could offer with plenty of opportunity for long-term growth.