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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!

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River City Phase 2

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Coming Soon: Tableau Condos

Feb 18 update: NEW RELEASE OF SUITES COMING THIS WEEKEND. 1 bedrooms will be available under $300k. Contact me for details.

Coming soon from Urban Capital, Malibu Investments, and Alit Developments: Tableau Condos.

The early word that I am hearing on this project is that it will be “very well priced”. Quite frankly, they will have to be well priced in order to stand out in what is becoming an increasingly crowded sub-market. Several large scale projects have recently launched in the area including Bisha, The Mercer (formerly 8 Mercer), and Pinnacle on Adelaide. Several more are in the immediate pipeline including Tableau, Studio, and Cinema Tower.

This is the true entertainment district. Love it or hate it, you can’t argue that this is A1 Toronto real estate. Much ink has been spilled lately with people prognosticating about the current and future of the district, but it is clear that if you add several thousand medium-to-high end condo units in such a small area, the area will change dramatically.

Prices are supposed to start at ~$540 per square foot and 80% of the suites will be priced under $400K. I suspect that the highest floors will fetch something in the $650 PSF range, but we’ll have to wait and see what they come out with. If they can keep the high floors around the $600PSF mark, and if the floor plans make sense, this one could be a very good buy for investment.

For more information on Tableau, please contact me. Sales are starting this month.

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Tableau Condos

Feb 18 update: NEW RELEASE OF SUITES COMING THIS WEEKEND. 1 bedrooms will be available under $300k. Contact me for details.

• A residential community envisioned around a table and designed to preserve the 20th century context of the original warehouse
  building at 117 Peter St.
• Located in South SoHo at the corner of Peter St. and Richmond St.
• An original collaboration of developers, architects, interior designers, landscape architects and artists to transform this
  corner of the neighbourhood.

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Coming Soon: Nicholas Residences

Coming soon from Urban Capital and ALIT Developments: Nicholas Residences.  Register with TrueCondos.com now for your opportunity to buy before the public launch. Floor plans and pricing available now. Worksheets for units being accepted NOW. Don’t delay, contact me today to buy a unit at Nicholas Residences.

Nicholas Residences will be located approximately at the corner of St Nicholas and St Mary Streets in the Bloor Yorkville neighbourhood. Steps to Yonge Street, Bay Street, The Manulife Centre and the heart of Yorkville, The building will incorporate two historic buildings on St Nicholas Street.

Urban Capital is the developer behind Boutique Condos in the entertainment district as well as River City in the West Don Lands.

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Nicholas Residences

Description Coming Soon!

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Coming Soon the West Don Lands: River City

January 22 Update: New Release of Floor Plans from $189,900. Don’t wait for the public launch. Buy today.  Contact me for more information.

It’s no secret that 2009 has been a very quiet year for new condo launches in downtown Toronto. Besides One Cole, there really hasn’t been any NEW launches worth mentioning this year. I expect things will change this fall and River City is a project that I am very excited about.

River City is going to be the first phase of new condos sold in the brand new West Don Lands neighbourhood. The West Don Lands is the currently undeveloped, 80-acre site bounded by Parliament Street (west), King Street (north), Don River (east), and the rail lands (south). Most of the land is owned by the provincial government and this entire area is slated to transformed from basically nothing into a master-planned community. Think condos, lofts, townhomes, retail, restaurants, employment, parks, and transit. This is going to be BIG.

The developers behind the project are Urban Capital (Camden Lofts and Charlotte Lofts) and Red Quartz Development. Sales will begin this fall. Register with TrueCondos.com now for your chance to buy at any upcoming VIP sales events, and stay tuned to TrueCondos.com for updates as more information is released in the coming weeks.

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River City

January 22 Update: New Release of Floor Plans from $189,900. Don’t wait for the public launch. Buy today.  Contact me for more information.

Register with TrueCondos.com for your chance to attend any upcoming VIP Sales Events for River City. River City, the first private sector development in Waterfront Toronto’s West Don Lands community, is now accepting registrations for its first phase. A LEED Gold development, River City will include 850 residential units of condominiums, lofts and townhouses priced from $179,900, as well as boutiques, stores and restaurants, surrounded by the seven hectares (17-acres) Don River Park.

Developed by Urban Capital and designed by Saucier + Perrotte Architects, one of Canada’s most respected and award-winning design firms, River City will be a collection of bold forms and innovative spaces. The sales office for River City is expected to open this fall, while construction of the development is scheduled to begin in 2010 and first phase of occupancy is slated for 2011.

The West Don Lands will be a sustainable community where design excellence, sustainability and technology come together. Designed to be a lively and vibrant neighbourhood, it will offer a mix of housing for people at all stages of life and income levels. It will feature nine hectares (23-acres) of parks and public spaces, 6,000 new residential units of which 1,200 will be affordable housing, transit connections within five minutes of each home, and 750,000 square feet of employment, commercial and community space. The revitalization of West Don Lands will proceed over the next 10-12 years in three phases.

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