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Update on College Park III: Aura

With the current financial climate, there is a lot of talk lately that some of the condo developments in Toronto that are in the pre-construction stage will not be able to get financing to build and therefore these projects will be canceled.  So far this has not happened, but it is a definite possibility, as credit is drying up around the globe, and banks are suddenly gun-shy.

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The Best Penthouse in Toronto: College Park Aura

Welcome to your online guide to “The Best Penthouse in Toronto“. In this installment I will be profiling the penthouse suites at College Park III: Aura.

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Update on College Park 3: Aura

It has been quite a whirlwind over the past month or so with Aura taking up much of my time and nearly all the requests I have received from my website over the past month has been about the 75 storey mega tower from Canderel Stoneridge, set to be erected at Yonge and Gerrard. Here is the latest on Aura:

The VIP period is over. The broker’s event basically sold out the building in a matter of hours. See more on the broker’s event on my last two posts over at blogTO.com. But does that mean there are no suites left? NO! THERE ARE STILL SUITES AVAILABLE AT AURA!

All of the suites currently available are on the executive level floors (56 and higher) and are starting at around $500-600K for 1+dens. The executive level suites are entirely upgraded from top to bottom and are in fact, a separate condominium altogether from the lower floors. Canderel has done something quite unique in separating the lower and upper floors into what will eventually be 2 condo corporations within 1 building. An interesting fact: the maintenance fees are much lower  on the executive levels than the lower levels (33 cents per square foot versus 49 cents on the lower), although the prices are much higher due to the various upgrades. If you are interested in purchasing an Executive Level suite at Aura, please contact me.

So what is next? Next up is going to be the highly anticipated PUBLIC LAUNCH. Yes, they have held off specific floors for the public launch. However, they have not held off very many floors. They have not announced the date of the public launch, however, it will likely be either the first or second Saturday in April. As soon as the public launch date is announced I do expect there will be a line up of agents once again at the door of the sales office. They will once again wait for days and days to get their shot at buying a unit.

What will the prices be at the public launch and what suites will be available? Those questions are anyone’s guess. We will have to wait and see what happens.

If you are still interested in purchasing a suite at Aura, please contact me to discuss the best strategy for getting you the unit you want.

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College Park 3: Aura FAQ

Here are some answers to some Frequently Asked Questions (FAQ) about Aura:

What is the deposit structure on this project?

The deposit structure will be as follows:
$5,000 with offer
Balance of 5% in 10 days
5% in 90 days
5% in 180 days
5% in 360 days
5% on Occupancy

How much for parking and locker?

Parking spots are $35,000 and lockers are $5000.

Are there any restrictions on parking?

Yes. Only units sized 700 square feet or more are eligible for parking.

When is the expected occupancy date?

June 2012

Have more questions? Contact me now.Click here for ALL related posts about College Park 3: Aura.

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College Park 3: Aura | VIP Sales Have Begun, Select Suites Available Now

The wait is over! VIP sales are on NOW for College Park Phase 3: Aura by Canderel Stoneridge. Aura is the landmark 75 storey tower that just about everyone in town is talking about. Yonge and Gerrard will be transformed by this beautiful structure of steel and glass.

Contact me now for floor plans, availability and PRICING!

Once again, sales to the general public will not begin for several weeks. Whether you are a seasoned investor or first time buyer, the best time to buy in a new development like this is at the very beginning-before prices go up and the best suites are gone. Contact me for more information or to reserve your suite of choice ahead of the crowds that are sure to line up for this project.

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Aura: College Park Phase 3 at Yonge and Gerrard – FLOOR PLANS NOW AVAILABLE

The wait is almost over! Contact me now for VIP sales at College Park 3: Aura.

College Park Phase 3: Aura is without a doubt the most anticipated new condominium project in Toronto since 1 Bloor. I have been accepting pre-registrations for the VIP sales event for this project for quite some time now and I have some good news: floor plans are now available.

Contact me now to get your hands on these amazing floor plans and for your chance to buy NOW before the public!

Related post: Coming Soon: College Park Phase 3 Aura

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College Park Phase 3: Aura Condos at Yonge and Gerrard VIP Sales

November 2008 update: For all the latest information on Aura, including current availability, floor plans and pricing, please contact me.

Coming soon from Canderel Stoneridge, AURA. Contact me now to register for your chance to buy BEFORE the public.

Rising 75 storeys above the intersection of Yonge and Gerrard, Aura represents the final phase of the highly successful College Park condominium development. The podium of the tower will feature an incredible 190,000 square feet of retail space. Phase 1 and 2 are completely sold out and residents are already enjoying their beautiful suites and the buildings’ stunning amenities over on the Bay street side of this enormous condo complex right in the heart of downtown Toronto.

Sales for Aura are expected to begin in early ‘08. Don’t miss this opportunity! One thing many buyers learned from the 1 Bloor experience is that waiting in line to buy a condo is not very fun! Skip the line by working with a VIP agent. Register now for exclusive access to Aura.

Contact me now for your opportunity to be kept up to date on this exciting new project from Canedrel Stoneridge and check my website often for updates.

Related post: Exclusive New Listing: 2 bed 2 bath at College Park 2

Related post: AURA FLOOR PLANS NOW AVAILABLE

Related post: Aura VIP Sales On NOW. Select Suites Available NOW

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