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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.

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Nero Condos

VIP Sales On Now For NERO CONDOS. Please contact me for more information and your chance to buy before the public launch.

From the Developer:

Nero makes a bold statement, clad in dark black brick punctuated with recessed windows and balconies, clean contemporary lines an edgy attitude that brings high design and style to the Dundas West strip.

At ground level new retail will brighten up the street presence along Dundas while three 2-storey lofthouses and the private residene entry are along Manning.

As Nero rises, levels 2 to 6 will offer modern condos with 9-foot ceilings and level 7 will have soaring 10-foot ceilings.

Immediately to the north a collection of 10 distinctive modern lofthouses stretch along Manning Avenue.

About The Neighbourhood:

Dundas Street West is just the latest of Toronto’s downtown arteries to see an incredible transformation. The renaissance has started to happen. Dundas West along Ossington has become the city’s newest destination for all things hip and trendy. Nero lies in the heart of Little Portugal, minutes from Little Italy, Kensington Market, Trinity Bellwoods, and West Queen West; this is an ideal location to settle down to call home. The once tired looking storefronts have been transformed into quaint coffee shops, contemporary furniture stores, and trendsetting restaurants. An added bonus are the quiet residential streets that offer a calming refuge for residents. Take a stroll down to Queen and Ossi, enjoy the park at Trinity Bellwoods, and settle into an espresso in Little Italy.

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12 Degrees Penthouse Release

12 Degrees Condos in Queen West has just released their penthouse suites. If you are looking for an exclusive address in a prime downtown location, consider the penthouses at 12 Degrees. Contact me for availability and pricing.

I have been a big fan of this project since it first launched last summer. Over the past year, as dozens of condo towers have launched all over downtown, the uniqueness of this project has only become more pronounced.

The architecture sets this project apart from all the other cookie cutter condos that are popping up in the area. The standard finishes are among the best anywhere. The location in true Queen West puts you right in the middle over everything that’s great about downtown. The rooftop will be possibly the sexiest and most exclusive in Toronto when this building is complete. (The rendering above is of the rooftop pool and cabana area.)

There will only be 4 penthouse suites in this building. All on the 11th floor, all with large terraces, and all offering unobstructed views. Sizes range from just under 1000 sq ft to almost 1600 sq ft. The features and finishes rival that of the Ritz Carlton (same interior designer: Munge Leung) at a fraction of the price combined with the exclusivity that comes with living in a 90-unit building in an established downtown neighbourhood. Finishes include: 11′ ceilings, Wolf and Sub-Zero appliance package, bathrooms drenched in marble, wide plank engineered hardwood throughout, high end kitchen cabinetry and premium Italian granite that, in the developer’s words, has never been seen before in a Toronto condo.

The project also has about 20 units still available including a few street level townhomes. Construction is set to start this summer and occupancy is slated for late 2012.

For more details on 12 Degrees, please contact me.

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Inventory Relief Coming Soon

The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers very much in control of negotiations.

2010 promises  to bring change. Several high-profile condo projects downtown are coming to completion this year and whenever this happens, huge numbers of units are put on the market by investors looking to cash-out their investments.

Specifically over the next few months, buildings that will likely be registering include London on the Esplanade (just registered), Murano (North Tower to be registered this month), VU (Jarvis and Adelaide), 550 Wellington, West Harbour City, Boutique, Glass House, CASA, Bloor Street Neighbourhood, and the list goes on…

Most of these are buildings that were selling during the heady days of 2005-2007 and 2010-2011 will see all of these projects come ‘online’ and they will be added to the inventory for the downtown market.

Buyers should soon be able to breathe a sigh of relief as all this product coming on to the market in time for the spring should make things a little easier on them, however, prices will likely continue to rise as demand will remaind strong for at least the next 2 quarters.

In about six months two key events will take place that will likely shape the real estate market for the following 6-12 months – the Bank of Canada will be raising interest rates, the HST will kick in.  There is a great deal of uncertainty surrounding these two events, however, many are predicting that they will have a negative impact on prices heading into the final half of 2010. Personally I believe there are too many variables at play to make any accurate predictions of what the market will do beyond the next 6 months.

Thoughts or comments? Leave them below or email me directly.

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Boutique

Description coming soon.

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Boutique Condos King and Simcoe Entertainment District by Malibu Investments – Final Release

Boutique condos at King and Simcoe streets. Where Toronto’s Entertainment, Financial and Theatre districts come together. Construction has already begun on this project, but great news as a new, final release of suites on floors 19-35 has just been announced. Some penthouse suites are even be released at this time. Contact me today for more information.

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