The Garden District Condos
The Garden District Condos is a pre-construction condo by The Sher Corporation and Hyde Park Homes coming to 81 Shuter Street in Toronto, ON.
About The Garden District Condos
The Garden District Condos continues the exhilarating renaissance sweeping the Garden District neighbourhood in downtown Toronto. Continuing upon the recent gentrification of Shuter St, this remarkable 32-storey, 234-suite modern contemporary building consists of 3 elements: a heritage preservation base, a mid rise podium and a glass cantilever tower allowing natural light to fill the interiors, while north and south facing balconies offer an impressive view of the city’s skyline and the plentiful green spaces surrounding the area.
The Garden District Condos is one of the latest residential condominium towers designed by Peter Clewes and Adam Feldmann of the acclaimed ArchitectsAlliance architectural firm. Inspired by the enduring shapes and timeless style of architect Mies van der Rohe, the design of the Garden District Condominium will withstand the test of time.
The sleek interiors are designed by Dochia Interior Design, with luxurious and refined finishes that exude modern sophistication. Contemporary yet classic, the Garden District Condominium will be a handsome timeless beauty.
The Garden District Condos Details
Developer | The Sher Corporation and Hyde Park Homes |
Address | 81 Shuter Street, Toronto, ON |
Neighbourhood | Garden District |
Number of Storeys | 35 |
Number of Units | 234 |
Occupancy Date | Fall/Winter 2019 |
Maintenance Fees | $0.59 psf / month |
Priced From | $826,900 |
The Garden District Condos Location
The Garden District Condos is located on Shuter St, west of Jarvis St, in the heart of Toronto’s Garden District. Bordered by Yonge St to the west, Carlton St to the north, Sherbourne St to the east and Queen St East to the south, this vibrant downtown neighbourhood is immediately east of Toronto’s central downtown core, and close to fabulous shopping, entertainment, and restaurants.
The Garden District is also home to two prestigious post secondary institutions: Ryerson University and George Brown college. Indulge in shopping at the landmark Eaton Centre Mall, catch a concert at Massey Hall, or spend some time outdoors at one of the many surrounding parks, all are just a short walk or bicycle ride away, from the Garden District Condos.
The Garden District Condos Amenities
The Garden District Condos offers a spectacular array of amenities to enhance and enrich your life. Step into the stunning grand lobby adorned with luxurious finishes. Rich wood panels are inlaid with strips of brass for a timeless elegance, while the exposed brick of the restored heritage building pays respect to our history. On the main floor, you’ll also find amazing executive 12-hour concierge service, and even a pet spa for your furry friends. Every aspect of The Garden District Condos is designed with the utmost attention to detail.
The Garden District Condos provides everything you need to stay fit and healthy. The spacious 2-storey gym located on the 2nd and 3rd floors of the restored heritage building at the corner features well-equipped cardio and weight rooms. A yoga and stretching area located in the cardio room provides an ideal space to relax and unwind.
Step onto the 7th floor and find The Garden District Condos amenity, your place to entertain, play, chat, and relax. It’s complete with a kitchen and dining area, comfortable lounging areas, a games area, and a kid’s play area for your little ones. The communal work space and meeting room offers everything you need to get the job done. Whether you’re working on your next big proposal or just need a quiet space to focus, it’s perfect for students and professionals alike.
About the Developer
THE SHER CORPORATION
Armed with a strong understanding of urban design and a future-forward approach to real estate, The Sher Corporation is focused on developing high quality residences that add value to the current architectural landscape. Sher is dedicated to creating outstanding residences that push the design envelope, while seamlessly weaving through the existing urban fabric.
HYDE PARK HOMES
The Hyde Park Homes Group has been involved in real estate investment, development and construction for many years. We have successfully completed all types of commercial and residential developments in the greater Toronto area including retail convenience, mixed residential-retail, single family, townhouse, stacked townhouse, mid-rise and hi-rise condo projects.
The Garden District Condos Frequently Asked Questions
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
https://truecondos.com/tag/hst-rebates/
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.