TrueCondos.com – The Best Source for Toronto Condos

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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Couture

Description coming soon.

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Plenty of Great Units Still Available at CASA and Bloor Street Neighbourhood

Most developers have shelved their plans for launching new projects in 2009 in favour of promoting and marketing their projects already on the go. Cresford is currently pushing their 2 developments under construction located on Charles St, just south of Yonge and Bloor. If you are looking for a new condo in a prime downtown location and want to move in in the next 12 months, BSN: Bloor Street Neighbourhood and CASA could be good options for you.

It’s debatable whether or not this location is truly Yorkville, but it’s steps from Bloor Street shopping, the Yonge and Bloor line subways, the Manulife Centre, and about half a dozen Starbucks locations. 

There are still plenty of great units available at both buildings and Cresford is offering some pretty good incentives right now. For suites priced over $600,000, Cresford is offering a free parking spot and locker (valued at around $40K), and for suites priced under $600,000 they are offering 2% cash back (not as exciting).

Architecturally these two buildings offer a striking contrast. BSN is more of a traditional high rise with a staggered podium and a unique L-shape. CASA is a great example of a Toronto modernist condo designed by architectsAlliance with a ‘glass box in the sky’ feel to it. Key features at BSN include 10′ ceilings, huge terraces, and generous floor plans. CASA will feature an outdoor pool that will be open year round. 

Price per square foot varies from $500-$700 depending on the unit, exposure, balconies (see current price list below).

If you are interested in more information about Casa or BSN, please contact me.

Links

• BSN and CASA pricing

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U Condominiums: Tower 1 58% Sold

U Condominiums by Pemberton at Bay and St Mary’s is one of the projects that probably wishes they had a time machine and could launch their sales just a couple months earlier than they did. They started selling in the fall of last year, just weeks before the stock market crashed and there was a fundamental shift in the Toronto real estate market.

That being said, they are doing pretty well in terms of sales and definitely better than other projects that launched in the second half of 2008. 212 out of 366 units have been sold in the first tower to be released. That’s just under 60% sold. TD bank has told them they need to acheive 70% to secure their financing. That works out to roughly another 45 units to go. Don’t expect to see the second tower released any time soon. I wouldn’t be surprised if they don’t even release it at all in 2009.

Many of the prime units at U are now gone, and prices certainly have increased since the initial launch back in the fall, but there are many units still available. Prices for most are in the mid $600s per square foot. This number may seem high, but it is really not out of line with what is available and selling in the area. My own feeling is that over the long term, the Yorkville area centred at Bay and Bloor will remain one of the preeminent neighbourhoods in Toronto. 

For more information on U Condos, please contact me.

Links

Recent Globe and Mail article on U Condominiums

Developer’s official site

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The Best Penthouse in Toronto: Four Seasons

Welcome to your online guide to “The Best Penthouse in Toronto“. In this installment I will be profiling the west penthouse suite at Four Seasons Private Residences in Yorkville.

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U Condos – Sales On Now

Good news for those of you interested in U Condos at Bay and St Mary-the VIP event is coming up this month ON NOW. Please drop me a line if you are interested in purchasing a unit at U Condos.

I just spoke to my contact for U Condos and he informed me that there will be something coming up likely next week. I expect to have some great information for my clients including floor plans and pricing for U Condos by the end of next week.

Floor plans and pricing available now!

The project is looking absolutely spectacular: amazing location, gorgeous architecture by “Starchitect” Peter Clewes of architectsAlliance, top-end finishes, and the floor plans are top-notch.

Prices are in the  $600-$700 per square foot range, roughly on par with College Park Aura, Ice Condos, or 300 Front.

Nov. 4 Update: Plenty of great units still available. Now reserving units until Nov. 6 only! Sales office is NOT open to the public. Please Contact Me and I will send you the latest pricing and floor plans. Tower 2 will not be released until Tower 1 is sold out.

U Condos – Deposit Structure:

• $5,000 with offer
• Balance to 5% of Purchase Price in 30 days
• 5% of the Purchase Price in 90 days
• 5% of the Purchase Price in 270 days
• 5% of the Purchase Price in 365 days
• 5% of the Purchase Price on Occupancy

U Condos -  Maintenance Fees

• $0.45 per square foot including heat, water, building insurance, common elements expenses
• Hydro separately metered

U Condos – Parking/Lockers

• Parking $38,000 – wait list for units under 600 square feet (Innis & Trinity models)
• Lockers $5,700 – Limited release

Downloads:

• Features and finishes

[Show as slideshow]

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U Condos at Bay South of Bloor: VIP Sales Event Coming Soon

U Condos coming soon from Pemberton Group. Register with me now for your chance to buy before the public at an upcoming VIP sales event.

U Condos is obviously named for it’s proximity to the University of Toronto’s St George Campus, which it shares neighbourhood space with on the corner of Bay St and St Mary St, just south of Bay and Bloor. Definitely considered one of Toronto’s best locations, Bay and Bloor is the heart of the Bloor-Yorkville and Toronto’s best shopping street.

The project will consist of two residential towers, one 45 storeys and 55 storeys high. Prices will start in the low $300s. The developer is Pemberton Group – the same developer behind another project in the neighbourhood – The Uptown Residences, Park Lake Residences, and The Boardwalk Residences in The Beach.  Contact me now for more information on U Condos.

Nov. 4 Update: Sales on now. Go to AndrewLaFleur.com/u-condos-vip for all the latest info. Plenty of great units still available. Now reserving units until Nov. 6 only! Sales office is NOT open to the public. Please Contact Me and I will send you the latest pricing and floor plans. Tower 2 will not be released until Tower 1 is sold out.

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Kazakhstani Developer Unveils Plans for ‘International Icon’ at Yonge and Bloor: You Like?

Yesterday morning, to a surprisingly large gathering of the local media at Panorama, Bazis International revealed its plans for an 80-storey condo tower at Yonge and Bloor. The name for the project? Quite simply, 1 Bloor.

Like what you see? Read the rest at blogTO.com.

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Kazakhstani Developer to Transform Yonge and Bloor: Very Niiice!

Leave it to the Kazakhstanis. Just days after Donald Trump was in town and it was announced that his 70-storey building at Bay and Adelaide was set to begin construction, Kazakhstan-based developer Bazis International declares its own plans to build an 80-storey building at Yonge and Bloor. Zing!

Like what you see? Read the rest at blogTO.com

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