Westerly Condos is a new preconstruction condo development by Tridel. Coming soon to 1286 Islington Avenue near Islington Avenue and Dundas Street West in Toronto. Coming soon to a neighbourhood in transformation. Vibrant. Innovative. Modern. Welcome to tomorrow.
Top Reasons to Invest in Westerly Condos
Etobicoke is well connected to the many roads and highways that make up the GTA’s primary transportation system. A simple grid street layout makes access to Highways easy. The 401, Canada’s largest, highest traffic highway with access to the northbound Highway 400 in the north, or the Gardiner, which takes residents straight downtown, providing two easy paths into the core, and making commutes a breeze.
And if you’d rather not drive, the TTC has a robust presence within Etobicoke, making it a no-brainer for easy commutes into the city as well as travel throughout the GTA. Connect to the TTC Line 2 simply at either Royal York Station or Old Mill, each about a ten minute drive away. Line 2 Bloor-Danforth has it’s western tip ending at Kipling Station near Islington City Centre West in the heart of Etobicoke, and countless bus routes line the many roads and streets heading north and southbound from there.
Tridel is one of the most trusted developers in the GTA. Founded by Jack Delzotto, an italian immigrant, the company is now run by his three sons.
Committed to environmentally-friendly projects, Tridel has won the BILD GTA’s “Green Builder of the year” three times in the last ten years. They believe in setting a standard for green development, ensuring that developments keep pushing the boundaries and set new expectations for other developers in the GTA.
A staple in development in Toronto for over 80 years, Tridel has built projects incorporating cutting-edge architecture, and bold ideas that continually reinvent the city’s skyline. Their buildings can be seen all over the GTA, from North York to the downtown core and in every direction across the six boroughs of the city. In total, the company has built over 80,000 homes for Torontonians.
After building up experience over eight decades, Tridel has a reputation for building homes that last. And with their ubiquitous nature across the city, it’s likely you’ve walked past one of their projects before!
Etobicoke has long been considered a green, family-oriented area. It’s suburban, and industrial roots has maintained it’s reputation as a dormitory community for those looking to live just outside the hustle and bustle of the Toronto core. While this remains true, a new influx of other residents is beginning to shift the demographics of the area. Younger residents are increasingly finding the Etobicoke way of life to be very attractive, and are moving into the area in droves. Companies in the tech sector are choosing to build headquarters and offices in the area, retooling old industrial buildings and bringing new energy to older neighbourhoods. These offices and production facilities are bringing new jobs to the area, and enticing young professionals to settle in the area.
With that in mind, it’s clear that more condominium development will be the way Etobicoke adapts to this population rise. More projects are beginning development all the time in this area, largely focusing along the Queensway in order to provide a balance of residents who work in Etobicoke itself, and those looking to commute into Toronto. This area is becoming a hub for business and retail in the west end of the GTA, and pre-construction projects are truly beginning to spring up left and right.
With a healthy average selling price, pre-construction condos in the area sit in the early $400K range. New listings hold a $674 price per square foot and continue to grow. Rental rates are affordable, but the demand for homes continues to increase as once industrial lands are being repurposed and rejuvenated, creating new neighbourhoods and communities which appeals to younger families and professionals.
Now might be one of the best times in the borough’s history to invest in condos in the Etobicoke area. As appreciation rates are rising, and the borough goes through this rebirth.