With many new condominiums on the rise in the city of Toronto, one of the most commonly asked question clients have when investing in pre-construction is “are they a good developer?”.
When choosing a pre-construction project to invest in, it is important to know the history of the project’s Developer. With the assistance of a Realtor that has experience with dealing with many developers and their different projects, like the Pierre Carapetian Group, your Realtor will unconsciously already know how to answer your questions.
What defines the best condo developers in Toronto?
Before we can tell you who the best condo developers in Toronto are, we need begin with what we define a “good developer” as. So, what does a “Good Developer” actually consist of?
For starters, the top condo developers in Toronto will ensure their customer service is impeccable, from start to finish whether you are purchasing in a small boutique building or a high-rise. This is definitely an important aspect when it comes down to investing your money into pre-construction as clients want to be feel confident in every aspect of their transaction. Needless to say, the best pre-construction condos in Toronto are built by the best pre-construction condo developers. Providing answers in a timely matter, being attentive and making sure their Purchaser’s needs are met in a manner that reflects positively on the company are overall good signs of a Top Toronto condo developer and of course — great customer service.
You should also take into account the final end product of a condo developer’s previous projects. Their track record should show that there prior endeavours have been successful by delivering what they had initially promised, registered their buildings in an acceptable amount of time and guaranteed reasonable closing costs to their clients. Most importantly, did the resale market react in a positive manner by selling units at a higher price point? If so, then you can likely expect to have a similar experience with their newly launched projects. The top condo developers in Toronto all have an extremely favourable and proven track records.
So, which are the Best Condo Developers in Toronto?
Here is a list of Pierre’s picks for the top condo developers in Toronto:
Now, here’s why…
One of Pierre’s favorite builders on our list of top condo developers in Toronto is Graywood Developments as they have put together some significant and prominent projects in the city of Toronto. Due to their customer service being top notch with each one of their transactions, this leaves their clients satisfied and feeling confident that their investments are being well taken care of. Graywood Developments is known to ‘practice what they preach’ by delivering accurate completion dates and ensuring their end product is always a high quality one.
A great example of one of Graywood Development’s endeavours include the Ritz-Carlton, Toronto. A luxury hotel and residence building that was completed in 2011 and is a worldwide symbol of luxury design, located steps away from the city’s most notable cultural, sports and entertainment venues. Its striking architecture and street presence make it a destination and landmark within Toronto’s city skyline, setting the standard for luxury real estate and hospitality within the GTA.
Another two promising projects of which are still under construction are Wonder Lofts & Condominiums and Peter and Adelaide Condos. Both of these condos were top of our list as the best pre-construction condos in Toronto to invest in. If you’re a member of our Insider’s email list you would have received both of these pre-construction condo launches as great investment opportunities.
Wonder Lofts & Condominiums will be a mid-rise, mixed use building located on Eastern Ave, just steps from the charming shops and restaurants of Leslieville. Also co-developed by Alterra, this project will convert the former Weston Bread factory into a quaint collection of authentic lofts, condos and townhomes. At the time of writing this blog they still had a few beautiful loft suites left and are also offering some great incentives.
Peter & Adelaide Condos will bring 695 new residences to the heart of Toronto’s Entertainment District. With the tower’s unique design, it will add a distinctive luxury quality to Toronto’s skyline, complimented by premium retail shops at the ground floor.
Like Graywood Development says, “Made to impress. And made to last”.
Another great developer among our list of the best condo developers in Toronto that Pierre strongly believes in — and personally owns multiple condos from — is Streetcar Developments. Since 2002, they have designed and developed impressive urban homes in some of Toronto’s most treasured neighbourhoods commencing with smaller boutique type buildings and then expanded their business into high rise condominiums. Specializing in contemporary design, Streetcar delivers fresh, inventive and efficient design choices delivered with meticulous detail in every aspect. Their track record proves that the resale market reacts positively by selling units at a higher price point.
Riverside Square is one of Pierre’s favorite projects by Streetcar. Located at the gateway of the Queen St bridge and the Don Valley, Riverside Square is situated in the thriving East End of the city, across from the Broadview hotel and just steps away from hip restaurants, cafes, shops and public transit. Personally selling over 60 units at this complex, Pierre strongly believes that this development delivers at each and every level. Of course, this is proven by their recognition from the Building Industry and Land Development Association as well as Toronto Urban Design Awards.
Harhay Developments has built some of Pierre’s favorite buildings in the 6ix so of course, we can’t leave them off the list of top condo developers in Toronto. For over a quarter century, this developer has specialized in the development and construction of boutique residential and mixed-use buildings in the downtown Toronto vicinity. Working hand in hand with the architects to design unique buildings, their finishes and architectural details are slick and modern. Overall, one word to describe these developments — impressive. Like Graywood and Streetcar, their reputation demonstrates that the resale market reacts in a positive manner by selling units at a higher price point,
Some of Harhay’s upcoming projects include 875 Queen East and 75 The Esplanade.
875 Queen East is a boutique 7 storey mixed-used condo that will launch at Queen St E & Logan Ave. It will feature large terraces and balconies and finishes that owners have come to expect from Harhay Developments.
75 The Esplanade is a spectacular building with a great location and promising amenities. With architecture by Peter Clewes of Architects Alliance, this 34-storey, 350 unit boutique high rise building will be situated in the heart of The Esplanade.
Lifetime Developments has become one of the most prominent projects in the city of Toronto and have completed many large projects. One of the reasons they’ve been included on our list of best condo developers in Toronto is because they have created thriving residential neighbourhoods that continuously define new benchmarks in the real estate community. Lifetime is consistently demonstrating their vision of identifying key locations in the city that promises growth of dynamic urban communities. They are well financed and have proven with previous endeavours to always start and finish their projects in a timely manner.
Lifetime has developed many spectacular buildings such as The Bond, Karma, Bisha Hotel & Residences, Victory, The Yorkville, Four Season Private Residences… just to name a few.
The Bisha Hotel & Residences brings style, attitude, vibrancy and originality to the city with 44 storeys above Toronto’s Entertainment District situated on Blue Jays Way.
The Yorkville is all about style and success. This tower is a refreshing and modern, yet timeless structure and includes sleek and refined interior designing.
The Bond Condominiums, also located in Toronto’s Entertainment District, is a magnificent tower featuring 42 storeys, 393 suites and is a soaring vision of translucent glass and steel. The Bond offers a wide selection of 1, 2- and 3-bedroom suites and grand Penthouses designed and oriented for spectacular views of the 6ix and detailed with immaculate elegance.
Raising the bar for luxury living in the city, the Four Seasons Private Residences brings a new dimension to the Yorkville area. Elegant suites and stylish common areas complement the impressive display of hotel-inspired services and amenities available to residents.
Needless to say, Lifetime Developments delivers in every way possible as a top condo developer in Toronto.
Alterra Developments started out over 40 years ago with a concept to build exciting and desirable urban neighbourhoods that offered a fine balance of location and lifestyle. As one of the best condo developers in Toronto some of their masterfully crafted buildings are considered to be “under the radar hits”.
Alterra is one of the condominium builders of choice among homebuyers seeking quality and value as they have trusted Alterra and their definition of “home”. Although all of Alterra’s projects sell well, our favourites are Post House and 36 Hazelton.
Located right next to Toronto’s very first post office, this project is a unique boutique condo that displays stylish and contemporary residences in the Old Town heritage neighbourhood. With energy efficient features, this 21-storey tower is made of modern glass and steel portraying polished and city cool vibes.
Nestled in the heart of Yorkville, 36 Hazelton is a 7-storey boutique building that was built on a former school site, keeping its original gothic architecture and boasts 20 private residences with in-suite elevators. One of the most exclusive and luxurious condominium properties in the city of Toronto, this building features an array of state-of-the-art amenities and is located just steps to the heart of Yorkville and its vast collection of trendy shops and restaurants.
Tribute communities was originally a suburban developer but started focusing their projects on condominiums a while back and as one of the top condo developers in Toronto they have landed some really well-known sites in city of Toronto.
This developer has over 35 years of experience, is well funded and organized. Tribute Communities respects and delivers outstanding service to their customers. They consistently provide their homebuyers with superior level of quality and service that has made them one of the most respected builders in the GTA.
The College is an exceptional project in Toronto’s hottest condominium community, hence being one of Pierre’s favourites by Tribute Communities. Located on College St & Spadina Ave, this 15-storey building allows its residents to experience life in the heart of one of Toronto’s most vibrant, desirable neighbourhoods. Just steps to the University of Toronto, the cute little shops of the Kensington Market, world class restaurants, bars and nightclubs of Little Italy, are all surrounding this unbelievable urban location. Homeowners are sure to find the lifestyle they’ve been dreaming of at the College with its great selection of stylish suite designs to choose from.
Another one of Pierre’s favourites by Tribute Communities is a stylish mid-rise boutique condominium, Queen + Portland. In the heart of the Queen West scene, situates a stunning building of steel and glass with a unique statement of style in a neighbourhood that celebrates life. Enjoy comfort and efficiency of smart, sustainable and green features in these soft lofts at Queen + Portland.
For more than 40 years, the Canderel Group has designed and built extraordinary residences in exceptional locations with exquisite designs. This developer delivers a superb end product with each and every one of their projects. Although, most of their developments sell at a higher price point, their track record has continuously proven that the real estate market reacts positively when it comes to the resale of their projects.
With a new project on the way, 900 St Clair West promises a mosaic of charm and elegance between Corsa Italia and Forest Hill. Just steps to its dedicated streetcar line and proximity to the most expensive neighbourhoods in Toronto, this project offers affordable luxury in spacious suites that fits everyone’s desires.
One of our favorite projects by Canderel is the College Park 2. This second phase of the two-tower College Park development rises 45 storeys into the sky and offers breathtaking views of the city skyline. Each suite offers some of the finest finishes, spa inspired bathrooms and endless amenities to keep residents busy. Residents can also take advantage of the Parkview Club and have direct underground access to the College Park subway station, shops and restaurants. These residences back onto a three-acre landscaped park, the largest green space in downtown Toronto.