Today I want to share with my readers a press release from BILD - Building Industry & Land Development Association.
They just released their sales statistics for new homes and condos sold in November. For Toronto, 789 high rise condos were sold. At first glance this number sounds pretty high, but when you hear that in November of 2007 1922 new condos were sold in Toronto, this means that sales this November were down 59% versus last November. This is very consistent with the numbers for November’s resale market, where downtown west condo sales were down 61% and downtown east 51%.
We have surpassed the 15,000 mark for condos sold in the GTA for 2008 so far. We will likely end up with about 15,500 condos sold in 2008, which is far off of 2007’s record pace of 22,000, but pretty much dead-on with previous predictions from new development tracking company, Urbanation, who was calling for around 16,000.
Click here for the full press release, or continue reading.
Continue reading ‘New Condo Sales for November 2008′
Coming soon from Goldman Group and Lash Development Corp: 530 St Clair Ave. West Condominiums.
This will be phase 2 of “The Forest Hill” development by Goldman Group and Lash Development Corp. Construction for phase 1 (500 St Clair Ave West) is well underway with occupancy slated for late 2009.
Located at the corner of Bathurst and St Clair, just a block away from the St Clair Ave West subway stop, 530 St Clair Ave West will be a 22-storey tower with 158 one and two-bedroom suites.
For more information and to be first to receive floor plans and pricing for 530 St Clair Ave. West, please contact me.
Bauhaus Condos at King and Sherbourne. VIP sales are happening now. Suites starting from the low $200s. Modern architectural tower integrated into historical 19th century building in the heart of the Design District / Furniture District, and steps to the St Lawrence Market. Contact me for your chance to purchase a suite before the launch to the general public.
For more information on Bauhaus, including floor plans, current availability, and pricing, please contact me.
Thinking of buying a new condo directly from a builder? Read this first.
Continue reading ‘Bauhaus Condos: VIP Sales On Now’
Coming soon to Adelaide and George St: Post House Condominium by Alterra Group. The name “Post House” comes from the sites’ proximity to Toronto’s first post office. This boutique building will rise 16 storeys above this historic and rapidly changing neighbourhood that is becoming one of the hottest areas to live in the downtown core with several other new or recent projects launching in the area including The Modern, Kormann House, VU, and Rezen just to name a few.
The neighbourhood has become very attractive with the furniture district along King Street East, The St Lawrence Market, and several great restaurants and pubs all within a 5 minute walk. Also nearby are the recently renovated buildings of George Brown College and it’s well-known culinary school.
For more information on Post House and your opportunity to purchase before the public at an upcoming VIP release, please contact me.
Thinking of buying a new condo directly from a builder? Read this first.
Coming soon to the entertainment district from Cresford, Lofts 399.
This project is on the site of the project previously marketed as “Mode Lofts”. Cresford canceled this project last year after selling some of the units over a dispute with the city over density that apparently could not be resolved.
The project is being resurrected as Lofts 399 and floor plans are now up on Cresford’s official site. The name is derived from the address which will be 399 Adelaide in the heart of the Fashion/Entertainment districts.
Sales have not started to the broker community or anyone officially yet, but if you are interested in Lofts 399, please contact me because I have an exclusive opportunity to sell units to my clients at substantial discounts from what prices will be when they launch to the broker community later this winter.
Keep checking back here for updates on this project.
Links:
Cresford’s official website (includes floor plans).
Thinking of buying a new condo directly from a builder? Read this first.
Coming Soon to Regent Park from Daniels: One Cole.
Register with me now for more information and your chance to purchase a suite before the public release.
Continue reading ‘Coming Soon: One Cole’
Coming soon to King West from Urbancorp: Connect Condos. It is still very early in the marketing process for this project and not very much information has been released, but Urbancorp is the builder behind West Side Gallery Lofts and also Bridge Condominiums. Their projects are often targeted to the lower-end of the market and they often have very competitive price points.
Register with me now for more information and your chance to purchase before the public at an upcoming VIP sales event.
Thinking of buying a new condo directly from a builder? Read this first.
Fly Condos - the wait is finally over! Email me to get your hands on VIP price sheet right away for Fly Condos.
Project Details:
- Location: Front and Spadina
- Size: 24 Storeys, 396 units
- Starting Prices (tower suites): $269,900 for 495 sq ft to $684,900 for 1112 sq ft.
- Price per square foot from the Mid $500s
- Penthouse Pricing starting from $849,900 for 1145 sq ft to $1,169,900 for 1533 sq ft
- Loft Pricing from $399,900 for 690 sq ft to $619,900 for 1050 sq ft
- Terrace Suite Pricing from $289,900 for 495 sq ft to $419,900 for 710 sq ft
- Parking $35,000
- Lockers $5000
- Floor Premiums: $1000 per floor
- Maintenance: $0.46/sq ft + Hydro
- Occupancy: Oct 31, 2011
- Deposit Structure: $2000 with offer, balance of 5% in 30 days, 5% in 90 days, 5% in 180 days, 5% in Occupancy
They are offering some incredible incentives for purchasers during the VIP stage:
- Savings of up to $15,000 per unit
- FREE Locker ($5000 value)
- FREE Assignment Prior to occupancy
- FREE Upgrade to Integrated Fridge and Dishwasher in Kitchen
- FREE In-suite 5.1 Surround Sound Home Entertainment System ($3000 Value)
Also being released at the VIP stage are some of the Terraced Suites, the lofts, and some of the Penthouse suites. Contact me for more information.
Contact me now and I will send you the Fly Condos VIP Price Sheet.
November update: Special one-night only broker’s sales event coming this month. Amazing incentive of 1 FREE PARKING SPOT for all suites purchased over 625 sq. ft! For suites under 625 sq ft., purchasers will receive 1 FREE locker or $7500 credit towards upgrades.
See all my posts related to Fly Condos here.
Coming soon to North York City Centre from Menkes: Gibson Square.
Contact me now to register for your chance to purchase at Gibson Square at an upcoming VIP sales event.
Menkes already has a great track record in the Yonge and Sheppard corridor with Luxe Condominiums (North York City Centre) and Savvy Condominiums (Yonge and Sheppard). Menkes is one of the largest developers and builders in the city with projects all over the GTA.
Gibson Square will feature two high-rise towers with direct subway access from the lobby and connection to North York City Centre. More details coming soon including floor plans and pricing. Please contact me for the latest information and for your chance to buy at Gibson Square Condos.
Oct 23 Update: VIP sales event on now. Floor plans and pricing for Gibson Square now available. Contact me for details.
Project Details:
Location: Yonge & Park Home
Builder: Menkes
Building Size: Two 42 storey towers - 441 units total
Occupancy: October 2012
Parking: 1 spot Included in the purchase price (except Unit 10 - “Stratos”)
Maintenance Fees: Approx $0.44 per/sq.ft + hydro
Deposit Structure: 5% with offer | 5% in 90 days | 5% in 180 days | 10% on occupancy
Lockers: $3000 (tentative)
Suite Features: Granite kitchen countertop, mosaic tile backsplash, plank laminate flooring in kitchen/breakfast area, living/dining room, den and bedroom(s), choice of porcelain or ceramic floor tiles in foyer, kitchen/breakfast area and bathroom(s), 6 quality brand name appliances and vertical blinds. 8′ Ceilings on units 28th floor and lower. 9′ ceilings on floors 29 and above.
Building Amenities: 24 hour Concierge, 20,000 sq. ft. Gibson Club features a State-of-the-Art Recreation Centre including an Indoor Swimming Pool with access to an Outdoor Terrace, Weight & Cardio area, Yoga & Aerobics area, His and Hers saunas and change rooms, 2 Party Rooms featuring catering kitchen & bar with walk-out to a landscaped rooftop garden, Theatre Room, Games Room, Mah Jong and Bridge Room and 2 Guest suites. Direct Subway Access.
Coming soon to Yonge and Davisville by Cresford Developments: MYC - Merton Yonge Condominiums.
Register with me now to purchase at an upcoming VIP sales event for this project.
The Yonge and Davisville area is sort of like the new Yonge and Eglinton. Young professionals are flocking to the area and who can blame them. Centrally located in the heart of the city, only minutes by subway or car to downtown while still close to some of Toronto’s best neighbourhoods like Mt Pleasant, Leaside, Yonge and St Clair, and of course all the action of Yonge and Eglinton.
Cresford is a big player in the Toronto Condo scene with several projects completed and many more under construction. They are best known for projects like NXT and NXT2, The Merchandise Building, CASA, and BSN: Bloor Street Neighbourhood.
I am expecting a VIP sales event this fall for MYC. Please contact me for more information and your chance to buy before the public.
Oct 17 Update: Floor plans and pricing now available for Tower Suites, Podium suites (including terraced units), and the townhouse suites. Plenty of great units still available including Townhomes from $459K. Ask me about special incentives for VIP purchasers.
