Pre-Construction Condos Market in Etobicoke: 5 New Condos & Where to Find Them Online

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Published July 7, 2025 6:25 AM PDT

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West of the downtown bottleneck, Etobicoke has quietly become the Greater Toronto Area’s price-per-square-foot outlier. New-build launches now average about $1,157 psf — a discount of roughly 15 % to towers east of the Humber River. At the same time, the region is swimming in choice: GTA builders are sitting on ≈ 24,000 unsold condo units, the heaviest inventory load since the mid-1990s, giving buyers unprecedented leverage at the negotiating table.

Developers are responding with carrot-rich offers — stretching deposits to 10 % over 18-24 months, capping levies, and even dangling rental guarantees — while Etobicoke’s rent floor remains firm at ≈ $2,160 for a one-bedroom. Layer in three commuter game-changers — the completed Kipling Transit Hub that links GO, TTC, and MiWay services, tunnelling now underway on the Eglinton Crosstown West Extension, and the developer-backed rebuild of Mimico GO Station — and the west end suddenly offers the connectivity once reserved for downtown, minus the downtown price tag.

In the pages ahead, you’ll find a data-driven look at five launch-ready Etobicoke condos, the online portals that surface day-one incentives fastest, and four tactical plays to lock in the right suite before rates fall and perks evaporate. Curious where the real bargains are hiding? Keep reading — your 2025 buy-in moment could be just a few scrolls away.

2025 Snapshot: West-End Numbers You Should Know

Metric 2023 2024 Trend (YoY)
Average launch price (psf) $1,235 $1,157 ▼ 6 %
Unsold pre-construction inventory (City of Toronto) 5,915 units 6,402 units ▲ 8 %
Typical deposit schedule 15 %/18 mo. 10–15 %/24 mo. Builders stretching timelines
Average market rent, 1-bed Etobicoke $2,420 $2,380 ▼ 1.6 %
GO + TTC stations within 800 m of new sites 11 14 ▲ 27 %

Sources: Urbanation, TRREB, Metrolinx capital-project maps, builder worksheets.

Slipping launch prices mask a fierce amenity race: EV-ready parking, parcel lockers, rooftop workspaces, and gigabit fiber are now standard in most 2024-25 releases. For anyone comparing resale to new, that technology gap alone can justify a price premium of double digits.

Where to Discover New Projects First — Owncondo — Your Top Resource for Purchasing New Condos in Etobicoke

Owncondo – Your Fast-Track to Buying a New Condo in Etobicoke

Toronto-born Owncondo is laser-focused on pre-construction real estate and holds platinum-agent status at many Etobicoke launches, meaning its subscribers see floor plans, price grids, and incentive sheets hours — or even days — before they become available on the open web. The portal:

  • Shows the broadest range of GTA pre-construction listings (condos, townhomes, and select detached projects), refreshed every business day, so incentives like free parking or capped levies pop up in real time.

  • Delivers data-rich project pages with price-per-floor charts, historical launch pricing, and side-by-side comparisons to nearby resale trades — handy proof when you want a developer discount.

  • Offers concierge-level support: licensed, friendly sales representatives walk you from worksheet to interim occupancy, flagging assignment-clause pitfalls, HST rebates, and closing-cost line items before you sign.

  • Publishes “Investor Notes” summarizing rent projections, deposit schedules, and expected appreciation based on TRREB and Urbanation datasets.

  • Runs on complete transparency — no subscription paywall or teaser pricing; every dollar figure is current and sourced.

Ready to see what’s active today? Browse these options in Etobicoke on Owncondo and watch live price edits, deposit-stretch promos, and platinum-only perks roll in as they’re released.

Precondo – Data-Rich Deep Dives

Precondo aggregates launch timelines, developer bios, and historical appreciation charts for every new condo in Canada, then peppers the pages with market-centric blog posts and investor calculators. Use it to benchmark Etobicoke price trends against downtown and suburban corridors.

Condos.ca – Resale & Pre-Con on One Dashboard

Condos.ca marries resale transaction history with upcoming launches, so you can stack day-one pricing against nearby resale comps without toggling sites. The “True Condo Values” tool reveals recent sold prices — a valuable leverage when negotiating with a builder representative.

Together, these three portals cover everything from instant VIP allocations to long-range market data. Still, Owncondo remains the only site that pairs live pricing with boutique guidance, ensuring Etobicoke buyers can act quickly and confidently on the best 2025 deals.

Five New Condos Changing Etobicoke’s Skyline

1. Kipling Station Condos — 5251 Dundas St W

Developer: CentreCourt
Scale: 50 storeys • 563 units • Under construction
Occupancy: 2029 (est.)
Why it’s hot: Direct connection to Kipling GO + TTC + MiWay super-hub; suites start in the low $500s for 350 sq. ft. studios, or roughly $1,150 psf, undercutting many downtown launches.

2. The Buckingham at Grand Central Mimico — 23 Vandyk Ave

Developer: VANDYK Properties
Scale: 39 storeys • 751 units • Mixed-use podium
Occupancy: 2026 (target) – excavation underway, delays possible.
Why it’s hot: The first tower in a planned three-tower park-over-rail deck beside Mimico GO. Launch prices began at around $ 900,000 for a 1-bedroom unit with flex space (~$1,200 per square foot). Incentives now include capped levies at $ 12,000 and a 15% deposit stretched over 540 days.

3. Notting Hill Condos Phase 2 — 4000 Eglinton Ave W

Developer: Lanterra
Scale: 25 storeys • 770 units across phases
Occupancy: 2027
Why it’s hot: Sits on the Eglinton Crosstown extension (Line 5 West), which is budgeted through Renforth. One-plus-dens launched at $784,250 or $1,397 per square foot, yet price growth since launch remains under 20%, well below downtown’s 40% surge in the same period.

4. Thirty Six Zorra Condos — 36 Zorra St

Developer: Altree & EllisDon Capital
Scale: 36 storeys • 459 units • Topped out, interior finishing
Occupancy: Late 2025 (construction ahead of schedule after pandemic delays)
Why it’s hot: Early buyers in 2019 paid from $369,900 (sub-$900 psf). Unsold terrace suites remain, offering 3-year rental guarantees to spark investors’ interest.

5. BLVD.Q — 935 The Queensway

Developer: Mattamy Homes
Scale: 11 storeys • 210 suites • Retail podium
Occupancy: 2027
Why it’s hot: Mattamy’s “Choose Your Move” plan lets buyers choose either a 5% purchase-price discount or a monthly micro-deposit program starting at $1,600, which slashes standard lump-sum stress tests.

Four Smart Plays for Etobicoke Buyers

  1. Leverage micro-deposit schedules. BLVD.Q isn’t alone—three of the five projects above now accept sub-$3,000 monthly drafts instead of 5 % cheques. Confirm your builder’s trust-account wording before wiring funds.

  2. Cap levies early. Development-charge caps under $ 15,000 are common west of High Park, but rarely offered after 75% of the inventory sells. Add the clause to your worksheet, not the Agreement of Purchase and Sale’s boilerplate.

  3. Mind the Crosstown map. Phases of Line 5 running to Renforth are funded; the Pearson link remains unfunded. Expect a resale premium for Eglinton-fronting towers once construction begins, but don’t overpay today for a station that could be delayed beyond 2031.

  4. Stress-test rents. Average one-bedroom rents slipped to $2,380 in May 2025, down 1.6 % year-over-year. Factor a flat-rent scenario when pencilling cash flow — even if variable mortgages fall by 100 bps.

Wrapping Up

Etobicoke in mid-2025 is a microcosm of the GTA’s fragile new-condo cycle: inventory bloated, incentives piling up, yet transit-anchored projects still humming. The district’s $1,157 psf average offers a 15-% discount to downtown, and flexible deposits lower the capital hurdle for first-time buyers and investors alike. But a deal isn’t just about price; it’s about speed to intel.

Set Owncondo as your launchpad to catch day-one pricing drops, then triangulate with Precondo map layers and Condos.ca deposit filters. Match that data-driven approach with the tactical tips above, and the west-end window now opening could translate into a home — or portfolio piece — ready to welcome Toronto’s next upswing.

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