Scarborough has long been a popular alternative to downtown Toronto living and is the eastern most boundary of Toronto, bordered by Victoria Park Ave to the west, Steeles Ave to the north, The Rouge River on the eastern side and the glorious Lake Ontario to the south. One of the largest areas in Toronto, the population is roughly 650,000 people and is known as one of the most diverse parts of the Greater Toronto. Scarborough Condos range from classic to modern themed layouts and designs and with many offering all sought after amenities such as a fitness rooms, pools and parking, from a master-planned community with top-notch amenities to boutique condo apartments which are surrounded by green space, there is a perfect option available for every buyer. There are 25 neighbourhoods within Scarborough and some of Toronto’s most popular landmarks are located here such as the Scarborough Bluffs, The Rogue Valley and even the Toronto Zoo. With it’s close proximity to downtown and the 401, beautiful beaches and reasonable prices, Scarborough certainly is a great place to be. Scarborough’s motto is: ‘Home Above The Bluffs’.
Condo in Scarborough is a great launching point to commute to work and travel around the G.T.A and beyond with so many transit options for Scarborough including LRT(Light-Rail Transit), streetcars, bus routes, the subway line and GO Transit. Getting around is incredibly accessible and easy. Many buses run 24-hours on the main streets, so regardless of what time you decide to head on home from a night in the city, you can do reliably.
Scarborough is served at the eastern end of the Bloor/Danforth Line of the subway and LRT system. Victoria Park, Warden and Kennedy are the three subway stations dedicated to serving the area. Kennedy Station is where Scarborough LRT originates, it runs north and east toward Scarborough Town Centre. The GO Transit authority has two major commuter train lines running across Scarborough, and it operates seven GO train stations.
The city has a plan to turn Scarborough into an urban haven. There are already some 4,200 condominium units planned in all of Scarborough Centre, with applications for 2,300 more units on the horizon.The average price of a resale condominium apartment for Scarborough in 2017 was around $369,000 – up 25.13 percent compared to 2016. The average index selling price for a pre-construction condo unit continues to grow, rising 5% to 7% from a year ago to $530 per square foot. The average selling price rose annually to $399,900.
Long known as a popular destination for immigrant families, Scarborough has lots of great communities close to schools and places of worship. All the condo development that has happened over the past 20 years, has just added to the interest in this area. Top Toronto Condo developers like Tridel, Monarch, Conservatory Group, Daniels and Lash group etc are attracted to developing condominiums projects in the Scarborough because of lower prices outside of the downtown core.
Scarborough has as many of 25 neighbourhoods, each offering residents a unique lifestyle. With condos, homes, rentals, parks, shops, restaurants, culture, festivals and more, Scarborough neighbourhoods have something for everyone. Scarborough and condos pretty much go hand-in-hand. Scarborough tasted the condo boom from last 20 years and but some areas are hotter than others. These are Scarborough’s hottest neighbourhood for condos right now.