My Electric City Turning Condo Prices Upside Down
November 24 update: Phase 2 launching this weekend. Contact me now for details and to book your preview appointment.
You have probably heard the ads which are all over town: “UpsideDownCondoPrices.com“. In order to remove the mystery surrounding this development I can tell you the ads are for My Electric City. If you are interested in purchasing a suite in advance of the public opening, contact me now.
My Electric City (Dupont and Lansdowne), like so many other condo projects in Toronto, launched in the summer of 2008, just a couple months before the real estate market temporarily collapsed. Sales were slow (compared to what Toronto developers were used to over the past 5 years), and now that the market has recovered, it’s time for a relaunch!
Milborne Real Estate is the marketing and sales company on this project, and it seems they are taking to the formula they so successfully used for Liberty Market Lofts (aka 17′ Ceiling Lofts): a marketing and advertising blitz with a catching campaign slogan in conjunction with a major sales event.
- Average Price Per Square foot $300-$330
- Parking $20K, Lockers $3K
- Occupancy December 2011
- 1 bedrooms from ~$160K-$195K, 1+dens from ~$180K – $215K, 2 bedrooms from ~$236K – $290K
- Maintenance fees are $0.26 per square foot+ hydro
- Standard suite features include granite counters, stainless steel appliances, laminate flooring in living, dining, den areas
Buyers looking for incredible value, and investors looking for bang-for-your-buck should consider My Electric City. If you would like more information about My Electric City, including floor plans, pricing and how you can purchase a suite NOW, weeks before the public launch, contact me.