Just In Time for TIFF: Festival Tower Final Release of Suites
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Festival Tower Condos at King and John, the world’s first Film Festival and Condo! Well, I believe the official marketing slogan is “One Part Condo. One Part Film Festival”. Sales began in this building a couple years back, and construction is well underway, however, in conjunction with the Toronto International Film Festival (TIFF) currently over-taking downtown Toronto, they are releasing the final group of suites in the building.
If you are interested in attending a special Agents only sales event for this final release of suites, coming up next week, or you would like to see pricing for the release please contact me.
Festival Tower is definitely going to be a high-end building with 381 suites spread out ove 46 storeys in the heart of the entertainment district and will also contain Bell Lightbox – the new home of TIFF. Prices are around the $800 per square foot range. The Developer is Daniels Corporation – one of the big boys in town and certainly capable of making a quality product that they are representing with these prices. Make no mistake, the resale values in this building will be driven by 2 factors: uniqueness and exclusivity.