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Paintbox Condos: Platinum VIP Sales on NOW

Paintbox Condos is the 3rd condominium to be built in Regent Park which is North America’s largest urban revitalization project. Platinum level VIP sales are on NOW. Contact me if you would like to secure a suite in this fantastic project.

I have written many blog posts about One Cole, One Park West, and now Paintbox condominiums over the past 3 years, and all of my clients who have bought into these first two projects are more than satisfied with their investments. I am a big believer in the future of this neighbourhood and I think the best is yet to come. Those who get in early here will be glad they did in 5-10 years when the entire neighbourhood is finished being rebuilt literally from the ground up.

I need to stress with my clients that the timeline to take advantage of the Platinum VIP sale prices is very short! Demand is expected to equal or surpass that of the first two buildings which were sold out very quickly. Now that the dust has settled and both One Cole and One Park West are both REGISTERED buildings, the public is starting to get a sense of the quality that Daniels is building here and the neighbourhood potential is getting better and better.

For floor plans and pricing for Paintbox, please contact me.

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One Park West: Downtown’s Best Buy for First Time Buyers

One Park West Agent’s Sale is Wednesday Oct 6. Contact me if you would still like to buy a unit in this exciting project. Don’t wait for the public launch!

The wait for One Park West is almost over! As a member of Daniels’ exclusive Platinum Agents Club, I will be getting floor plans and pricing this week and my clients will begin reserving their units of choice. If you would like more info on how you can reserve a unit before anyone else at One Park West for FREE, please contact me.

If you are a first time buyer frustrated with trying to find a good, affordable condo downtown, One Park West is for you! Here are 5 reasons why One Park West is my “Best Buy” for first time buyers:

1. Value. You won’t find a better bang for your buck when it comes to new condos downtown than at One Park West. To get the same quality of finishes and features in a new condo elsewhere you are looking at approximately 25-50% higher prices.
2. 5% Deposit. For qualified buyers, you can buy at One Park West with as little down as $3500 up front, and then $1000/month until you reach 5% deposit. You won’t find this kind of deposit structure anywhere else! Typically developers require a minimum of 15% up front, many are moving to 20% up front.
3. Move-in in 1 Year. Construction is already well underway at One Park West. Most new developments say they will be ready in 3 years, but usually that means 4 or 5. When Daniels says it will be ready next year, you can count on it!
4. Location. Right on the Park! With a brand new aquatic centre coming soon too. The Regent Park redevelopment is the largest urban revitalization project in North America. In 10 years this will likely be one of the neighbourhoods that people say, “Should have invested there!”
5. Developer. Daniels is one of the best. They do what they say they will do and despite their incredible success record of late, they don’t take buyers for granted and treat everyone with respect.

Suites in the tower will offer great layouts and park and city views. On top of all this, there will also be a number of townhome suites released ranging from smaller 1 bedroom units right up to family-home sized 3 bedrooms. One Park West really offers something for every first time home buyer. Contact me now for details.

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Toronto’s First Car-Free Condo

To my amazement, Tribute Communities has been given the go ahead to build a 42-storey condo tower on University Avenue, just south of Dundas with no parking spots. The City of Toronto’s decision to allow this represents a major shift in philosophy for City Hall with respect to how this city is being planned and what types of developments are encouraged and discouraged.

On the surface, it would seem to make sense that the city would want to encourage the development of condos without parking spots. After all, we are trying to be a ‘green city’, and a dense city, so encouraging a car-free lifestyle in the heart of downtown sounds logical. But the fact is many of the decision makers are City Hall are still stuck in the 1970s version of Toronto where the car is king, and anyone who rides a bicycle is not to be trusted.

This decision will certainly open up the floodgates for further projects without parking spots all over the city. Afterall, from a developer’s perspective, building a 3 or 4 level parking garage is hugely expensive and time consuming. Building a condo without parking should allow developers to offer more competitive prices and faster completion times – two things that every condo buyer wants.

One concern in building a condo tower like this is that all the units will be 1 bedroom, or 1+dens and the residents will be a homogeneous mix of students, singles, and couples. City Hall wants to encourage more 2 and 3 bedroom condo units in the downtown core, so it will be interesting to see how many larger units out of the whole project Tribute Communities allocates for 2+dens and 3 bedrooms.

If you are interested in this project, please contact me.

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Giraffe Condos: Building Redesigned and Prices Lowered

Giraffe condos launched with significant fanfare and acclaim almost exactly 1 year ago. It was about one month later that the real estate market in Toronto all but collapsed. Sales at Giraffe were less than spectacular and like many Toronto developments, they had to react to what the market was telling them.

I’m pleased to announce that Giraffe has significantly lowered their prices across the board, introduced new suites, and kept nearly all the distinctives of the project in place that made it so appealing in the first place.

Prices are now starting as low as $360 per square foot. Prices have essentially been reduced as much as $50-60K for some units. 565 sq ft 1 bedrooms from $212,000, 612 sq ft 1+dens from $224,000, and 833 sq ft 2 bedrooms from just $302,000.

The major changes to the building are these:

• Eliminated the roof-top garden/patio area resulting in significant construction and maintenance savings
• Ceiling heights on lower half of building reduced to 8′ instead of 9′
• Depth of balconies reduced from 6′ to 5′ (but will still have gas lines on them)

Deposit structure is 15% in 180 days + 5% at occupancy (standard). Parking spots are $28K (very reasonable). Maintenance fees are $0.45/sq ft.

Giraffe is a LEED designed building by Teeple Architects.

All these changes have come about with little to no advertising on the part of the developer. Despite this, suites are selling fast with over 30 units sold in the past few weeks. Don’t wait for the mainstream media marketing hype (radio ads, newspaper ads etc) to tell you this is a great opportunity! This project is a great investment NOW. If you are thinking about buying at Giraffe, contact me today.

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Pre-Construction Sale This Weekend at Flat Iron and Work Lofts

This pretty much speaks for itself, but it looks like Brad Lamb is looking to generate some quick sales by lowering prices and offer incentives much in the same way FLY, California, and most recently Liberty Market Lofts have done.

Flatiron and Work Lofts are to be located at Dundas and Carlaw in the Leslieville neighbourhood on the East side. Both projects are less than 70% sold and neither have started construction yet.

Contact me for more information on Flatiron Lofts and Work Lofts.

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Coming Soon: One Cole

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.

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Giraffe Condos: International Design Comes to Toronto

Coming soon from TAS DesignBuild to Dundas St W and Bloor W, Giraffe Condos.

Register with me now for you chance to purchase before the public at a VIP sales event.

Giraffe will be a 29-storey tower with 275 units and a unique architectural style that has potential to put it on the international map. The building will be designed to meet LEED standards, and will have many ‘green’ features including an 8000 sq ft roof top garden where residents will be able to grow their own vegetables!

Giraffe is kind of a strange name for a condo but this one is supposed to be unique and independent much like the animal it is named after. Very funky design for sure and I have a hunch that Torontonians will embrace the project in a big way. I can only hope that this will also encourage other developers to take chances and get creative with the architecture in their condo towers. Glass wall towers can be great, but we also need variety.

Giraffe Condos VIP event coming soon! Contact me for more info.

Oct 24 update: Now booking appointments for Preview Sales. Contact me for more info, floor plans and pricing.

Nov 3 update: Thinking about buying a unit at Giraffe condos?  Hire me as your Exclusive Buyer’s Agent.

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