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Understanding Preconstruction Condos in the Canada GTA Market

When it comes to real estate in the Greater Toronto Area (GTA) market, one term that you may frequently come across is "preconstruction condos." But what exactly does this term mean, and why is it gaining popularity among homebuyers and investors? Preconstruction condos, also known as pre-construction condominiums, refer to residential units that are sold by developers before they are built. In other...

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