{"id":1719,"date":"2026-06-19T08:01:22","date_gmt":"2026-06-19T13:01:22","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/19\/how-one-toronto-condo-project-beat-the-odds-with-75-pre-sales\/"},"modified":"2026-06-19T08:01:22","modified_gmt":"2026-06-19T13:01:22","slug":"how-one-toronto-condo-project-beat-the-odds-with-75-pre-sales","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/19\/how-one-toronto-condo-project-beat-the-odds-with-75-pre-sales\/","title":{"rendered":"How One Toronto Condo Project Beat the Odds With 75% Pre-Sales"},"content":{"rendered":"<p>While Toronto\u2019s condo market grapples with a wave of project cancellations and receiverships, Canderel\u2019s &#8216;For\u00eat Forest Hill&#8217; project is bucking the trend. The developer has successfully pre-sold 75% of units in its first phase, securing critical construction financing when many others have failed. By shifting away from the &#8216;micro-unit&#8217; investor model and focusing on functional, larger layouts\u2014with an average size of 630 sq. ft.\u2014Canderel has attracted a diverse buyer pool including downsizers and end-users. A key driver in their recent sales surge has been the provincial government\u2019s expanded HST rebate, which can shave up to $130,000 off purchase prices. As the market remains volatile, this project highlights how transit-oriented, amenity-rich developments can still thrive by aligning with buyer needs. For a deeper look at how this developer navigated the current &#8216;condo crash&#8217; and the impact of the HST incentive, read the full story at thestar.com.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/www.thestar.com\/real-estate\/a-new-toronto-development-has-managed-to-presell-75-of-its-units-during-a-condo-crash----heres-how\/article_56691e4c-70ac-4610-88bf-f765d65a42b4.html\"><\/div>\n<p><em>Source: <a href=\"https:\/\/www.thestar.com\/real-estate\/a-new-toronto-development-has-managed-to-presell-75-of-its-units-during-a-condo-crash----heres-how\/article_56691e4c-70ac-4610-88bf-f765d65a42b4.html\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n<p><!-- RealEstateToday Instagram Handles --><\/p>\n<div style=\"display:none\" data-instagram-handles=\"@canderel,@cibc,@td_canada,@nationalbank,@desjardins\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite a wave of GTA condo cancellations, one major project hit 75% pre-sales. Here is how they\u2019re winning in a tough market.<\/p>\n","protected":false},"author":2,"featured_media":1718,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[871,224,182,569,398,207],"class_list":["post-1719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","tag-canderel","tag-condo-market","tag-gta","tag-housing-development","tag-real-estate-trends","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1719"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1718"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}