100+ Pre Construction Semi-Detached Homes in Toronto (2025)

Looking for pre-construction homes in Toronto, Ontario? Explore your options for condos, townhouses, and single homes in Toronto, and discover the benefits of customizing your new home before it's built. With a growing economy and real estate market, Toronto is an excellent location to invest in a pre-construction home.

Toronto

Toronto is the provincial capital of Ontario province of Canada and the largest city in Canada. It covers the total land area of 630 square kilometers. The city resides alongside hills rising out of Lake Ontario. Its land structure is quite flat for the most parts and hilly in some parts.

Toronto is the most populous city in Canada and fourth most populous city in North America.

Life in Toronto Neighbourhoods

Toronto is the most cosmopolitan city in the world and the hub for immigrants from all around the globe. It showcases the most diversified neighbourhoods which inhabit people from different cultural, ethnic, and economic backgrounds. The fact that populations from diverse backgrounds share the same neighbourhood is like the cherry on top for future immigrants as well.

Festivals in Toronto

• Canadian Music Week
• Cavalcade of Lights
• Doors Open Toronto
• Bud Light Dreams Festival
• Honda Indy Toronto
• Beaches International Jazz Festival
• Hot Docs International Documentary Film Festival

Leading Neighbourhoods in Toronto

Runnymede-Bloor West Village, Playter Estates Danforth, Moss Park, Casa Loma, Wychwood, Yonge-Eglinton, Yorkdale Glen Park, Lawrence Park North, Yonge-St. Clair, Mount Pleasant West, Bay Street Corridor, Annex, Corso Italia Davenport, Leaside Bennigton, Danforth, Bedford Park - Nortown, Kingsway South, North Riverdale, High Park North, Old East York, The Beaches.

Housing Market of Toronto

Toronto builders prefer condos/condominiums over rental buildings, entirely driven by the fast money in condos business. A very tiny percentage of residential properties are built as rental buildings, which aren't budget-friendly either. So, condos and condominiums maintain their consistent demand.

Rental Property Types in Toronto, Ontario

• Condos/condominiums: 89.1%
• Rental buildings: 10.9%

Real estate investors also prefer condos as they favor a fast return on investment. This trend doesn't seem to be going away soon. The condo market is booming in Toronto more than most other places due to consistent interest from real estate investors.

Mortgage Terms

When you buy a house in Toronto, you must pay at least 20% of the purchase price as a down payment. Mortgage rates vary depending on the lender, down payment, mortgage type, and insurance.

Property Taxes and Other Taxes Details

The property tax system is based on the assessed value of your home/property, which can differ significantly from market value. The property tax rate in Toronto is 0.599704%, significantly lower than other areas. The tax amount is calculated by multiplying the tax rate by the assessed value.

Income tax rates vary by taxable income:

• 5.05% on the first $44,470
• 9.15% on income over $44,470 up to $89,482
• 11.16% on income over $89,482 up to $150,000
• 12.16% on income over $150,000 up to $220,000

Land Transfer Tax (LTT)

When buying a house or land in Toronto, you must pay both provincial and municipal LTT upon closing. The tax is marginal, meaning each portion of the property value is taxed at its own rate.

How Much Does It Cost to Live in Toronto?

Toronto isn't exactly budget-friendly, but it is worth the money if you can afford it. The average living cost is around $32,885 per year. Most of your income will go towards shelter or household expenses.

• $1,672.13 on rent/mortgage
• $354 on entertainment
• $283.60 on groceries
• $176.25 on transportation
• $127.50 on phone and internet
• $75 on fitness
• $52 on insurance

Streets, Parking & Transportation in Toronto

The Toronto Transit Commission (TTC) is the main public transit provider, offering subway, streetcars, and buses with daily and weekly passes. You can also use ferries, taxis, cars, or bikes to get around. Bike Share Toronto has about 300 stations, with passes available for $7 per day.

Parking costs range between $1-$4 per hour depending on the area. Temporary free street parking is sometimes available but mostly paid.

Major Streets of Toronto

• Queens Quay
• Mill Street
• Front Street
• Queens Street
• Wellington Street
• King Street
• Adelaide Street
• Eastern Avenue
• Lake Shore Boulevard

Weather of Toronto

Toronto is one of the warmer cities in Canada but experiences snow for about 65 days per year. The weather is affected by Lake Ontario, with warm summers and severe winters from late December to early March.

Education in Toronto

Toronto is a center for education, research, and innovation with many world-renowned institutions.

Top schools include:

• Upper Canada College (SK-12)
• Royal St. George’s College (3-12)
• University of Toronto Schools (7-12)
• St. Andrew’s College (5-12)
• Old Orchard Public School (K-6)
• Pape Avenue Public School (K-6)

The University of Toronto is the most reputed educational institution, with affiliated medical research and teaching hospitals.

University Costs

Tuition fees vary, and are usually higher for international students. The average cost for a 4-year program is about $63,603 excluding residence.

Most Popular Courses

• Architecture
• Commerce and Management
• Medical Engineering
• Computer Science
• Psychology

Favourable Areas for Student Residence

Safe neighbourhoods popular with students include The Annex, North York, Trinity Bellwoods, Don Mills, and Greektown.

Health Care System in Toronto

Residents eligible for Ontario Health Insurance Plan (OHIP) receive free public health services. Eligibility requires Ontario residency for at least 3 months and Canadian citizenship or permanent residency.

Major Hospitals in Toronto

• Toronto General Hospital
• St. Joseph’s Health Care
• The Salvation Army Toronto Grace Health Care
• Toronto Western Hospital
• Mount Sinai Hospital
• University Health Network

Food Scene of Toronto

Toronto’s diversity influences its vibrant food scene:

• Authentic Chinese and Vietnamese cuisine in Chinatown
• Korean cuisine in Koreatown
• Greek cuisine on Danforth
• Italian cuisine in Little Italy and Corso Italia
• Indian/Pakistani cuisine in Little India

Toronto for Doing Business

Toronto is Canada’s business and finance hub and a top 10 global financial center. It thrives in industries like technology, fashion, arts, life sciences, film, television, and music. It hosts headquarters of many global financial companies. Toronto’s GDP growth rate is about 3.3%.

Pride of Toronto

Annual awards and tributes include:

• Agnes Macphail Award
• Access, Equity and Human Rights Award
• Toronto Urban Design Awards
• Toronto’s Greenest Choice
• The Pam McConnell Award for Young Women in Leadership
• The Mayor's Community Safety Awards
• Toronto Sport Hall of Honour
• Garden Contest

Tributes

• Flag-Raising and Half-Masting
• Remembering HRH Prince Philip
• Proclamations, Congratulatory Scrolls and Letters of Greeting
• Commemorative Tree and Bench Program
• Key to the City
• Fallen Firefighter Memorial
• Toronto Paramedic Service Memorial Wall
• Freedom of the City
• Toronto Remembers

Getaways and Nightlife of Toronto

Toronto offers incredible nightlife with many nightclubs, bars, and pubs featuring international DJs and artists. It is among the top three cities in Canada for nightlife but can be pricey.

Weekend Getaway Destinations Near Toronto

• Niagara Falls – 1.5 hours away, popular for adventure and scenic views.
• CN Tower – Toronto’s iconic landmark located downtown.
• Royal Ontario Museum – Canada’s largest museum, a 5-minute ride from downtown.
• Blue Mountain and Collingwood – 2 hours away, great for hiking, skiing, and festivals.
• Algonquin Provincial Park – 3 hours away, perfect for nature lovers and fishing.
• Ripley’s Aquarium – Home to 15,000+ marine creatures and an underwater tunnel.
• Wasaga Beach – The world’s longest freshwater beach, about 2 hours from Toronto.

Check out more pre-construction homes in Toronto.

Disclaimer: The content written above is the personal opinion of Homebaba staff and does not guarantee to be factual or accurate. The information is collected from publicly available websites and may not be updated or verified for accuracy. It should not be taken as advice or recommendation. Consulting a licensed real estate agent or broker is recommended for advice. Homebaba.ca does not guarantee the accuracy of data on this page or platform.