The Verve By Tridel: It’s here and it’s beautiful.
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Tag Archive for 'east-side'
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.
I attended a very informative and interesting seminar last night at the Market Wharf sales office. The event was put on by Context (the developer behind Market Wharf, Spire, Radio City) and was billed as a ‘Buying a Condo Seminar’. It was open to anyone who is on Context’s marketing email list. Normally I avoid events like these like the plague because they are blatant bait-and-switch sales events designed to lure uneducated consumers into buying a condo at a development they know nothing about. However, this one offered something different and I’m glad I attended.
Continue reading ‘Where is the Toronto Condo Market Heading?’
As you probably have figured out, most of my business is in new condos in downtown Toronto. I don’t do a lot of work outside the downtown core and most of my clients are either buying or selling condos as opposed to freehold houses. But I’m happy to say that there are always exceptions, and this beautiful bungalow in East York is one of them-WOW! What a charmer! This property is a beautiful and the interior design rivals that of the poshest Yorkville condo.
I’ll be hosting an open house on the property this weekend, Saturday Sept 13 and Sunday Sept 14, 2-4pm both days. Feel free to stop by or contact me directly to arrange a showing. This property shows to perfection and will not disappoint.
Go for a Virtual Tour (with 360 Degree views) of the property by visiting 27Donora.com.
Good news for buyers and sellers at The Met at Yonge and Carlton: Phase 1 has finally registered! What this means is that the occupancy period is over and unit owners will be receiving their deeds for their units. You are officially owners! You can now sell your suites however you like. The ban on advertising your unit for sale on MLS is now lifted. The builder, Edilcan, is now totally out of the picture and you are free to market your condo at The Met however you like.
No more messy assignment agreements or trying to find a buyer on classified ad sites like Craigslist. The full power of the MLS is a very good thing for sellers and also for buyers who have been waiting to purchase a condo at The Met but perhaps they have not even known which suites were available for sale.
There are some great units already on the open market at The Met right now. Contact me for the up to the minute list of condos currently available at The Met.
The Kormann House. Coming soon to Queen and Sherbourne. Contact me now for your chance to buy before the public. Get the best price and the best selection.
The Kormann House is a Brad Lamb sponsored project by KC Developments. The condo will feature 10 storeys of glass and steel placed on a podium of the original Kormann House hotel dating back over 100 years. The project is just steps away from the highly successful project: The Modern.
Queen and Sherbourne has long been considered an undesireable corner of the downtown. But in the past 5 years, the gentrification of the “Lower East Side” (as I like to call it), has dramatically changed the long term prospects of this intersection. Condos and high-end furniture stores now dot every inch of King St East from Jarvis to Parliament. And for the first time, there does seem to be real potential that Queen Street East could become the new Queen Street West. For a very interesting discussion on the project and the area, check out the UrbanToronto forum.
Prices from $189,000 to the mid $400s make this a project primarily aimed at first time buyers and value-investors. Contact me now if you are interested in this project.
November 2008 update: Plenty of great units still available. For the latest pricing and floor plans, please contact me.
Market Wharf Condominiums by Context Developments. Located at Jarvis and The Esplanade, just south of Front street and the bustling St Lawrence Market. Contact me now for floor plans and pricing for the upcoming VIP sales event.
Market Wharf is another design by Architects Alliance, and specifically Peter Clewes who is probably Toronto’s closest thing to a “Starchitect“. You’ve probably seen Clewes’ designs all over the city but you just didn’t realize it. John Bentley Mays of the Globe and Mail had some good things to say about the tower, see his comments here.
From the developer’s marketing materials: “Playful and robust modern architecture, Market Wharf consists of a sleek 25-storey tower sitting atop an eight storey podium clad in brick. The two storey ground floor includes residential lobbies and fabulous retail shops. ”
Suite features include 9′ ceilings, engineered hardwood in living areas, quartz countertops, porcelain tile backsplash, stainless steel appliances.
Building amenities highlighted by “The Market Club”= an organically shaped two storey pavilion that opens onto a rooftop garden adn houses the building amenities such as state-of-the-art fitness centre, yoga studio, his and her steam and change rooms, a multi purpose room, conference room and media room.
Suites in the project will be divided into 3 categories: Market Flats (suites on the lowest floors of the podium), Market Towns (terraced suites, all on the 6th floor), and Water Suites (tower suites). Prices begin at around $180K for a 390 sq. ft studio in the podium and go right on up to over $600K for a large terraced suite and tower suites on the high floors. Price per square foot are averaging between $450-$580 for most suites. Contact me now for detailed pricing and floor plans and for more information on how you can be among the first to purchase a suite at the upcoming invitation only VIP sales event.
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Deposit structure:
$3000 with offer
balance of 5% in 30 days
5% in 60 days
5% in 270 days
5% in 540 days
Occupancy: Summer/Fall 2011 (varies depending on what type of suite is purchased)
Parking spots: $29,500 (suites of less than 670 sq ft will be wait listed for parking if desired)
Lockers: $3500
Maintenance fees: estimated at 47 cents per square foot with additional parking ($45.16/month) and locker ($10.84/month) maintenance fees.
Taxes estimated at 0.85% of purchase price
Waterlink represents the next phase of the amazingly successful Pier 27 development at Yonge st and Queen’s Quay (where Yonge St meets the lake). Contact me now for your opportunity to purchase a suite at a VIP sales event before the public release.
Waterlink and Pier 27 are Cityzen projects. The great appeal of the project remains it’s exclusivity of complete and total lake front access. No other project will get you this close to the wate and this is possibly the last remaining piece of development land on the lake downtown.
Floor plans are available now. Prices are expected to be in the $700 per square foot range for interior units and in the $1000 per square foot range for the prime, south exposure, lake view units. Prices will begin at around $390 for a 1 bedroom.
My clients who purchase at the VIP sales event will be eligible for a 1% rebate at final closing. Contact me now for more information.
Coming soon from Context: Market Wharf Condominiums at The St Lawrence Market. Register now for VIP sales and your chance to purchase BEFORE the public.
Context is the developer behind such award winning projects as Radio City at Jarvis and Carlton, Spire at Church and King, and Mozo at Sherbourne and King.
The project is to be located just south of the St Lawrence market on a parcel of land that is currently a parking lot. Prices will start in the $200s.
Please contact me now for more information and to register for the upcoming VIP sales event.
