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Coming Soon to the Financial District: INDX Condos

Coming Soon to the heart of the Financial District from Lifetime Developments and Centrecourt Developments: INDX Condos . Register now for floor plans and pricing and your opportunity to purchase a suite before the public opening.

The location of INDX doesn’t get any more central than this. A direct connection to the PATH network would give residents underground access to

• 6 subway stations
• Union Station
• The Bus Terminal at Bay and Dundas
• Hundreds of shops, restaurants, & eateries
• The Eaton Centre
• City Hall & Metro Hall
• The Four Seasons Centre for the Performing Arts
• Ryerson Business School
• The Air Canada Centre
• Roy Thompson Hall
• The Metro Convention Centre
• The Ritz Carlton Hotel, Royal York Hotel, 1 King West Hotel, Sheraton Centre, Hilton Hotel
• Many more…

Wow. When you break down this list and see what being connected to the PATH in this area gives you it’s really quite incredible.

The development team is the same team that shocked the condo industry when they basically sold out a 46 storey tower in a matter of weeks back in November with KARMA. Lifetime and Centrecourt are two companies that really ‘get it’ when it comes to giving condo investors what they are looking for: a high quality product in a great location that has a high potential for some serious ROI. Prices for INDX will likely be quite similar to that of Karma which averaged about $680 per square foot according to Realnet.

As proposed the project will be 53 storeys and 784 units. I suspect that if sales are successful they will apply for several more floors. Several years ago Harry Stinson was trying to build a 90-storey tower on this exact site before his project failed, investors lost thousands and he sort of went off on a self-imposed exile to Hamilton where he is attempting to build some condos. This site has been the subject of many rumors ever since but now that we have two bonafide developers sitting on it and ready to repeat the success of Karma Condos, this site will surely be home to hundreds of people in about 4 years time.

Contact me now for INDX Condos VIP Sales.

Fabrik Hits the Fashion District

Fabrik Condos is launching this week in the heart of the Fashion District. Contact me now for floor plans and pricing for the VIP sales event.

Fabrik represents really the first new launch in what promises to be a very busy 2012 for the new condo market. The developer on this project is Menkes, which is considered a blue chip developer in Toronto. They have been building for decades and they are behind some very well known projects like Gibson Square and Savvy up at Yonge and Sheppard, 770 Bay (Lumiere) and The Four Seasons downtown. Of course what they are really going to be known for when 2012 is all said and done is 1 York / 90 Harbour which promises to be one of the largest projects ever attempted in Toronto. Rest assured when you buy from Menkes you are working with one of the best.

Fabrik is going to be a nice boutique project right on Richmond, just west of Spadina. Popular resale buildings nearby include 477 Richmond (live-work lofts, formerly an office building), 438 Richmond (The Morgan by Great Gulf), 388 Richmond (District Lofts by Context). Nearby pre-construction projects that could be considered direct competitors would be Brant Park (Brad Lamb), 32 Camden (Sorbara), and Lofts 399 (Cresford). In general, prices in the resale market for this pocket west of Spadina are lower than those east of Spadina, so I’m hoping that prices at Fabrik will reflect this reality i.e. they will be priced lower than the likes of King-Charlotte, Tableau, Peter Street, The Bond etc.

Please contact me today for your chance to buy at Fabrik before the public opening! Continue reading for a marketing video on the project put out by the developer.

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VIP Sales On Now For Nero Condos

VIP Sales for Nero Condos are starting now. Please contact me for more information including floor plans and pricing info. If you missed out on recent boutique projects in the area like B.Streets condos or Motif, now is a great time to purchase a unit at Nero during the VIP sales event. If you are a buyer who is not attracted to the monster condo towers going up all over the downtown core, this high design boutique project in a rapidly gentrifying neighbourhood might be a great option for you to consider.

The project will have a mix of condos, 2-storey loft style units, and larger townhomes. The condos will range from studios at 400 sq ft up to 2 bedroom and den suites at just over 1000 sq ft. The 2-storey lofts will range from 891 sq ft up to 1394 sq ft, and the 3-bedroom townhomes will range from 1567 sq ft to 1774 sq ft! There will only be 98 units in total in this project so I expect that it will sell fairly quickly and prices will likely rise sharply after the VIP sales event is finished.

Nero’s striking architectural design is by RAW Design, well known for their stunning designs of Cube Lofts in Little Italy, Motif (Queen and Ossington), and the new BMW MINI dealership on Eastern Avenue.

VIP pricing for Nero will be very competitive, starting as low as $530 per square foot! Contact me for more details and your chance to buy in this exciting Dundas Street West project before the public launch.

VIP Sales on Now For RISE Condos

Update: VIP Sales for RISE condos ends November 18th. Contact me to purchase at VIP pricing and with VIP incentives today!

VIP Sales for RISE condos by Reserve Properties are on now. Please contact me directly for floor plans and pricing and your chance to reserve a suite before the public release.

RISE is the newest condo to the Bathurst and St Clair intersection, following the success of 500 (completed) and 530 St Clair West (under construction) which are located kiddie-corner to where RISE will be. The area has always been ripe for condo development but only just now is it starting to reach it’s potential. All the key ingredients are there: 1) Transportation Hub (recently completed St Clair Streetcar and St Clair West subway stop), 2) Great Retail (Loblaws and LCBO right across the street), 3) Great restaurants (St Clair West is becoming a hotbed for hip new restos).

The building looks spectactular with the centrepiece being a massive rooftop terrace with infinity pool overlooking the entire city to the south. The ridge that St Clair sits on creates a perfect location for high rise living and units on the south side of the building will have dramatic views.

The developer is Reserve Properties. Reserve has made a huge splash into the Toronto condo market this year and Rise will actually be their 4th project launched to date, with the others being Bellefair and Lake House in the Beaches, Motif in West Queen West. They are quickly developing a reputation for developing seriously stylish buildings in very nice locations.

Contact me now for your chance to buy at VIP pricing for RISE.

Coming Soon: Karma Condos

Coming Soon from Lifetime Developments and Centrecourt Developments: KARMA CONDOS. Register with me now to receive floor plans and pricing for the VIP sales event.

Karma Condos will be a sleek new tower located at 21 Grenville Street (Yonge and College) and designed by none other than architectsAlliance. The building is going to be HUGE. With around 10 units per floor and either 46 or 52 storeys (depending on what gets approved), this one will be a monster condo tower in the heart of downtown.

This building is very investor friendly. The suite mix is mostly smaller suites and this area is the perfect storm for rental properties. Yonge and College is arguably the best spot in the entire downtown core to own a condo if you are an investor. Why?

• You are steps away from the Yonge subway and streetcar
• Equidistant from the two major Universities downtown: UofT and Ryerson, meaning you have a massive pool of potential student renters every year
• Walking distance to the financial district as well as the hospital district, meaning you have a massive pool of potential young professional renters every year
• Most importantly, area buildings like College Park (Bay and College) and The Met (Carlton and Yonge) command some of the highest rental rates of any building downtown. Bidding wars for rentals in this area is quite common! Here is a sample of what some units have rented for recently at College Park for example: Studio-$1380/month, 1 bed-$1900/month, 1+den-2250/month and 2 bedrooms-$2800/month

Besides all this, the two developers who are partnering on the project are both top-notch. Lifetime has launched several projects downtown in the past year including: The Bond, Bisha, The Yorkville, and Centrecourt is a new company headed up by Andrew Hoffman (formerly of Menkes) and have enjoyed tremendous success with Peter Street condos.

If you are interested in buying a suite at this fantastic investment building, please contact me to register for the VIP sales event coming this month!

Coming Soon: The Hill Condos in Upper Forest Hill

Coming Soon from BSar Group: The Hill Condos in the Upper Village of the prestigious Forest Hill neighbourhood.

I’m starting to get excited for this project. I’ve been invited to special “President’s Club” dinner later this month to get all the details on this project and I can’t wait to see what the specs are. Register with me today to be first in line to buy at this great new project.

BSar group captured the real estate industry’s attention about a year ago when they burst unto the scene and launched 12 Degrees in the heart of Queen West. I believe 12 Degrees will be one of the most sought after condos in the resale market when it’s complete in a year or two.

From the initial rendering released above, the architecture is not as bold as that of 12 Degrees, but it does certainly fit in well with the neighbourhood. The stepped back terraces on the (presumably) south side of the building will make for stunning suites with excellent outdoor space. There is definitely a major trend in Toronto condos for outdoor spaces and especially terraces.

In terms of location it doesn’t get much better than this in uptown Toronto. Upper Forest Hill Village is a bustling street with plenty of great shops and restaurants. There is a Starbucks right across the street, the subway is an 8-minute walk away or even shorter ride on the bus, and you have quick and easy access to the Allen Expressway and the 401. Best of all, there are no condos anywhere in sight, making it a great investment. Finally, the bonus is that there is a planned underground LRT stop right at Bathurst and Eglinton!

Just like 12 Degrees, this building will likely be a primarily end-user building, with many Forest Hill down-sizers looking at the project, as well as first time buyers who want to stay in the area. The irony is that the prevalence of end-users will make this a great building to invest in, as end-user dominated buildings are generally well maintained and very stable.

Contact me today to register for the upcoming VIP sales event for this project.

Coming Soon: The Carlaw

Coming soon from Streetcar Developments: The Carlaw. REGISTER NOW for access to VIP pricing and floor plans.

If you are looking for an investment condo in an emerging neighbourhood with plenty of upside, there is reason to get excited about this project from Streetcar Developments. Streetcar has built several smaller-boutique style buildings over the last decade in Toronto, mostly around Queen Street. Their buildings do very well in resale and those who have bought into their projects in the early stages have consistently done very well on their investment.

Details are scarce so far, but what we know is this:

• 321 units
• 12 storeys
• Retail component
• Commercial component
• “Green P” parking + regular parking spots available for residents
• Pricing at or below $500 per square foot + MANY small units = great price points. 1 bedrooms in the mid $200s and 1+dens in the high $200s

Leslieville is a booming neighbourhood and Dundas and Carlaw is the epicentre of the condo district of Leslieville. Worklofts and Flat Iron Lofts are both nearly sold out with construction well underway for both of them right across the street from where The Carlaw will be. Pricing for Worklofts and Flat Iron Lofts are around $500 per square foot, but there are mostly larger units left, meaning price.

Being a mixed-use building means that it will bring even more ‘people traffic’ to the area, all part of helping this once derelict part of town become a viable area to live, work, and play in which makes it a perfect area for investment.

Please contact me for all the details and your chance to buy at the upcoming VIP sales event.

Coming Soon: Monde Condos

Coming Soon from Great Gulf Homes: Monde Condos. REGISTER NOW for details including pricing and floor plans for the upcoming VIP sales event!

Monde is designed by “Starchitect” Moshe Safdie and will be built by Great Gulf Homes – a great architect + superb developer + waterfront location = recipe for a fantastic investment opportunity!

Continue reading for several stunning renderings of this very unique tower.

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Coming Soon: Eau Du Soleil Condos

Coming soon from Empire Communities: Eau Du Soleil. Contact me for more information including floor plans and pricing.

It’s not very often that you will see me get excited about a condo outside of downtown, but what Empire Communities is getting ready to launch on the Lake Shore in Etobicoke has got me VERY excited. Eau Du Soleil promises to be one of the TALLEST waterfront condos in Canada. This one is going to be BIG.

The exact details, like how many storeys, how many buildings, what this ‘awe inspiring design’ will be like are still quite scarce (at least, scarce enough that I am not allowed to publish anything here). What I can say is that nothing like this has ever been built anywhere in Toronto.

Empire Communities is one of the ‘good guys’ in Toronto development. They have a tremendous portfolio of buildings under construction including The Modern on Richmond, FLY condos, and on the Etobicoke waterfront they have Beyond the Sea.

I will be one of the very few agents in the city to have “President’s Club” level access to this project. This means my clients will be able to buy before the Platinum or VIP or Preview buyers. Contact me today if you are interested in purchasing a unit at this amazing new project!

January 2012 update: check out this early release rendering. WOW!

Coming Soon: River City Phase 2

Launching very soon from Urban Capital: River City Phase 2. Contact me for floor plans and pricing.

River City phase 1 launched in late 2009 to much fanfare and success. Urban Capital hit this project out of the park with incredible architecture and design and great price points to boot. Investors were attracted by the long-term potential of being part of the master-planned community of The West Don Lands. End-users were attracted by the cutting edge design, affordable price points, and the low maintenance fees (only $0.38PSF for phase 1).

Phase 2 is to be 3 mini-towers of about 12 storeys each. Not a massive project, I am expecting there will be less than 300 units, so this one will sell quickly.

Prices of remaining inventory at River City phase 1 is in the low $500s PSF on average which is very reasonable compared to anything else downtown. I am anticipating prices around mid $500s for phase 2.

Much like Paintbox Condos in the Regent Park master-planned revitalization, the best is yet to come for this area. Not until around 2015 when the PanAm games comes to Toronto and the West Don Lands will play the central role in hosting the events will the real potential of River City be realized. Those who get in early will be in the best position to reap the rewards!

For pricing and floor plans for River City phase 2, please contact me today!