ICE Condos by Lanterra Developments

**OCTOBER 2009 UPDATE: ICE TOWER 2 TO BE LAUNCHED THIS MONTH. CLICK HERE FOR DETAILS.**

ICE condos VIP sales event is coming soon. Register with Andrew now for VIP access to this incredible project! Get in BEFORE the public.

FLOOR PLANS AND PRICING ARE AVAILABLE NOW.

Lanterra is the developer behind the Maple Leaf Square development, right across the street from where ICE will be and a favourite condo for fans of Toronto’s favourite sports team. Lanterra is actually building a total neighbourhood in this previously derelict tract of land that is now in the centre of all the downtown action. Steps from the ACC, Union Station and the TTC, the lakeshore, Roger’s Centre, Entertainment and financial districts.

ICE will be part of a larger community called YORK CENTRE and Lanterra is partnering with the well-known commercial/retail developer Cadillac Fairview. York Centre will consist of a 31 storey 800,000 sq. ft of office tower along with the two ICE residential towers and a 1 acre landscaped public space surrounded with retail outlets.

Units will range in size from 400 sq ft. bachelors to 1100 sq. ft 3 bedrooms. Prices will start from the low $200s.

Three reasons why this project is particulary interesting to investors and first time buyers:

1) Size of the project. Two towers, 55 and 65 storeys high will make ICE one of the largest condos in the downtown core.

2) No assignment fee. This means that if you purchase a unit at ICE and you decide to sell your unit prior to final registration of the building, you can do so for free. No assignment fee to pay to the builder. Normally assignments on pre-construction condos in Toronto are possible but they usually cost the seller around $2500-$5000 depending on the builder and depending on the project. This will be especially important to investors.

3) Building features. Stunningly unique architecture, Leed certification, the largest green roof ever built in Toronto, direct PATH and subway access.

This project is going to be HUGE and is already drawing plenty of attention both here in Toronto and around the world. Please contact me now for floor plans and pricing on this project or if you would like to purchase a suite before the public launch at VIP prices.

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10 Comments For This Post

  1. John Bessie Says:

    Can you confirm Ice condos project is still active or is it postponed/delayed? Thank you.

  2. Andrew la Fleur Says:

    Thanks for your comment. Sales are still happening at ICE. It is about 75% sold (first tower). The financing for the project is apparently all in place so it is good to go and no delays to speak of.

  3. Deepak Tuteja Says:

    Are there any price differences between ( less or more) now and from the time ICE Condo started Selling ( i guess in June 2008)….or still selling at same prices.

    As canadian economy is in recession, do you think ICE condominium will be a good buy and economy will recover by 2013 .

  4. Andrew la Fleur Says:

    Hi Deepak,

    Prices at ICE have gone up since June 2008. That being said, developers all over are now negotiating prices so getting a discount off the current list price at ICE is not out of the question at all.

    That is one way to look at it-that by 2013 you will see an increase in value on a unit purchased today. But I’m not sure ICE is the greatest investment out there right now given the prices are in the $600 per square foot range.

  5. Deepak Tuteja Says:

    Thanks Andrew

  6. Tina Vomir Says:

    Could you please let me know if ICE Condo will have an outdoor pool? Thank you

  7. Andrew la Fleur Says:

    @Tina,

    No plans for an outdoor pool at ICE. Indoor pool, hot tub, and plunge pool, but no outdoor.

  8. Gabriela Says:

    Hi there, am very interested in investing ICE, want to know what is the price range for Studio and one bedroom unit? Thanks in advance. When is the VIP pre-sale event?

  9. Jason Patrick Says:

    ICE Condos is overpriced. similar condos are selling for $60K less in the downtown area!

  10. dinesh Says:

    is there still ava.. units?

2 Trackbacks For This Post

  1. U Condos VIP Sales | Andrew la Fleur - Toronto Real Estate Says:

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  2. ICE Condos Tower 2 | ICE Condominiums Phase 2 by Lanterra Developments at York Centre | TrueCondos.com - The Best Source for Toronto Condos Says:

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