Filter by Categories
All Condos
Ask Andrew
Insights
New Condos by City
Ajax
Aurora
Barrie
Beamsville
Belleville
Bolton
Bowmanville
Bracebridge
Bradford
Brampton
Brantford
Burlington
Caledon
Calgary
Cambridge
Collingwood
Creemore
Dundalk
Georgetown
Halton Hills
Hamilton
Innisfil
Kawartha Lakes
Kingston
Kitchener
London
Markham
Thornhill
Milton
Mississauga
Cooksville
Mineola
Port Credit
Square One
Montreal
Napanee
Newmarket
Niagara Falls
Oakville
Oshawa
Ottawa
Peterborough
Pickering
Richmond Hill
Smithville
St. Catherines
Stayner
The Blue Mountains
Toronto
Amesbury
Baldwin Village
Bayview Village
Beaches
Bedford Park
Birchcliffe-Cliffside
Bloorcourt
Briar Hill
Brockton Village
Cabbagetown
Canary District
Casa Loma
Chinatown
Church & Carlton
Church & Wellesley
Church St. Corridor
Clanton Park
Corktown
Corso Italia
Danforth Village
Davenport
Davisville Village
Distillery District
Don Mills
Downsview
Downtown
East Junction
East York
Eglinton East
Eglinton West
Entertainment District
Eringate
Etobicoke
Fallingbrook
Fashion District
Financial District
Flemingdon Park
Forest Hill
Garden District
Greektown
Harbourfront
High Park
Hoggs Hollow
Junction Triangle
Kensington Market
King East
King West
Lansing
Leaside
Leslieville
Liberty Village
Little Italy
Little Portugal
Long Branch
Mimico
Moss Park
Mount Pleasant Village
Newtonbrook
Niagara
North York
Oakridge
Old Town
Ottawa
Parkdale
Regent Park
River District
Rosedale
Rustic
Scarborough
St. Clair West
St. James Town
St. Lawrence
Stockyards
Summerhill
Swansea
Tam O'Shanter-Sullivan
The Annex
The Junction
The Kingsway
The Queensway
Trinity Bellwoods
Victoria Park Village
Wallace Emerson
Waterfront
West Rouge
Weston
Willowdale
Yonge & Bloor
Yonge and College
Yonge and Dundas
Yonge and Eglinton
Yonge and Finch
Yonge and Lawrence
Yonge and Richmond
Yonge and Sheppard
Yonge and St. Clair
York Mills
Yorkdale
Yorkville
Uxbridge
Vaughan
Maple
Thornhill
Woodbridge
Waterloo
Welland
Whitby
Whitechurch-Stouffville
New Condos by Deposit
10% Before Occupancy
15% Before Occupany
20% Before Occupancy
5% Before Occupancy
New Condos by Developer
16th Avenue Development
Ace Development Ltd
Acorn Developments
Addington Developments
Adi Development Group
Allegra Homes
Alterra Developments
Altree Developments
Amacon
Amalfi Homes
Amexon Development
AMICO
Andrin Homes
Angil Development
Aoyuan International
Aragon Properties Ltd
Armour Heights Developments
Artlife Developments
Arya Corporation
Ashcroft Homes
Aspen Ridge Homes
Baif
Balder Corporation
Ballymore Homes
Bazis Inc
Benvenuto Group
Biddington Homes
Blackdoor Development Company
Block Developments
Bloomfield Homes
Branthaven Homes
Briarwood Development Group
Brixen Developments
Broccolini
Brookfield Residential
BSäR
Burnac
Cachet Homes
Caivan Communities
Camrost-Felcorp
Canderel Residential
Canlight Realty Corp
Capital Developments
Capital North Communities
Carlyle Communities
Carriage Gate Homes
Carttera Private Equities
Castlebridge Development Group
Castleridge Homes
Castleview Developments
CentreCourt
Centrestone Urban Developments Inc
Centreville Homes
Chestnut Hill Developments
Choice Properties REIT
Choo Communities
Cityscape Development Corporation
Cityzen
Claireville Holdings Limited
Cliffside Homes
Clifton Blake
Coletara Development
Collecdev
Concert Properties
Concord Adex
Condoman Developments Inc
Conservatory Group
Constantine Enterprises Inc.
Consulate Development Group
Context
Core Development Group
Cortel Group
CountryWide Homes
Craft Development
Creek Village Inc.
Cresford Developments
Crown Communities
Crystal Homes
CTN Developments
Curated Properties
Cystal Glen Homes
Daniels
Davpart
DBS Developments
DC&F Corp
Devron
Dez Capital
Diamante Development
Diamond Kilmer Developments
Diamondcorp
Dicenzo Homes
Distrikt Developments
Doornekamp Construction Ltd
Dormer Homes
Downing Street Group
Dream Unlimited Corp
Dundee Kilmer
DVLP Property Group
Eden Oak
Edenshaw
ELAD Canada
EllisDon Capital
Emblem Developments
Empire Communities
Evans Planning Inc
Evertrust Development
Evertrust Development Group Canada
Fengate
Fernbrook Homes
Fieldgate Urban
Fiera Real Estate
Fifth Avenue Homes
Firmland Development Corporation
First Avenue Properties
First Capital
Flato Developments
Forest Green Homes
Forest Hill Homes
FRAM + Slokker
Freed
G Group Developments
Gairloch
Gary Silverberg
Gemterra Developments Corporation
Genesis Homes
Georgian International
Geranium
Globizen Developments
Gordon Wells Ltd.
Granite Homes
Graywood
Great Gulf
Greatwise Developments
Greenfield Quality Builders
Greenland Group
Greenpark Group
Greenwin
Greybrook Realty
Guglietti Brothers
H&W Developments
Hans Group
Harhay Developments
Harlo Capital
Haven Developments
Hazelview Properties
Heathwood
Hi-Rise (West) Inc.
Homes by DeSantis
Hullmark
Hyde Park Homes
i2 Developments
Icon Homes
iKORE Developments Ltd
IN8 Developments
Investissement SM Immobilier
Ironwood Bay
JCF Capital
JD Development Group
KAD Development Group
Kaitlin Corporation
Kaleido Corporation
Kalovida Canada Inc
Kaneff Corporation
KBIJ Corporation
Kilmer Group
Kingdom Development
KingSett Capital
Knighstone Capital
Knightstone Capital
Kroonenberg Group
Kultura
La Pue International
Lakeview Development Holdings Inc
Lalu Canada
Lamb Developments
Lancaster Homes
Lanterra
Lash Group of Companies
Latch Developments
Laurier Homes
LCH Developments
Les Entreprises QMD
Liberty Development
Liberty Hamlet Inc
Lifestyle Custom Homes
Lifetime Developments
Limen
Lindvest
LJM Developments
Lormel Homes
Madison Group
Malibu Investments
Manorgate Homes
Mansouri Living
Marlin Spring Developments
Marydel Homes
Matrix Development Group
Mattamy Homes
Mayfair Homes
MDM Developments
Medallion Capital Group
Menkes
Metropia
Metroview
Minto
Mizrahi Developments
MOD Developments
Monde Development Group
Mutual Developments
Nahid Corp
Nascent Developments
National Homes
New Horizon Development Group
Newgard Development Group
Nexus
NOCO Development Company
Norstar Group of Companies
North American Development Group
North Drive
North Edge Properties
Northam Realty Advisors
Northrop Development
Nova Ridge Development Partners
NYX Capital
Old Stonehenge
ONE Properties
One Urban
Options Development
Originate Developments
Oxford Properties
Parallax Development Corporation
Patry Inc Developments
Pemberton Group
Phantom
Phelps Homes
Pinnacle International
Platinum Vista
Plaza
Plaza Partners
Podium Developments
Presidential Group
Primont Homes
Profile Developments Inc
ProWinko
Quadcam Development Group
QuadReal
Queensgate Homes
RAJACan Developments Inc.
ReBuilt Construction
Reids Heritage Homes
Republic Developments
Reserve
Residences at Bluffers Park
RioCan
Rise Developments
Riverking Developments
Rivermill Homes
Rogers Real Estate Development
Rosehaven Homes
Rosewater Developments
Rowntree Enterprises
Royalpark Homes
Royalton Homes
Sag Development Corp
Sage Development Corp
Sapphire Construction of Niagara
Saxon Developments
Scholar Properties Ltd
Sequoia Grove Homes
Seven Numbers Development
Sherwood Homes
Shiplake Properties Limited
Sierra Building Group
SilverCreek Communities
Sina Development Inc
Skale Developments
SkyHomes Corporation
Slate
SmartCentres
Solmar Development Group
Solotex Corporation
Spallacci Homes
St. Regis Homes
St. Thomas Developments
Stafford Homes
State Building Group
Sterling Group
Sundance Homes
Sunny Communities
Sunrise Gate Homes
Sutherland Developments
TAS
Tercot Communities
The Brown Group of Companies
The Goldman Group
The Gupta Group
The Hi-Rise Group
The Remington Group
The Rockport Group
The Rose Corporation
The Sher Corporation
Tiffany Park Homes
Times Group Corp
Townwood Homes
Treasure Hill
Tribute Communities
Tricar
Tricon Developments
Tridel
Trinity Development Group
Triumphant Group
Trolleybus Urban Development Inc
Trulife Developments
TVM Group
United Lands
UrbanCapital
Urbane Communities
Valery Homes
VANDYK
VanMar Developments
Venetian Development Group
Vermilion Developments
Vintage Park Homes
Wabash Heights Developments Inc
Westbank Corp
Westbank Corp. and Allied Properties
Westdale
Woodcastle Homes
WP Development Inc
York Trafalgar Homes
Yorkwood Homes
Zancor Homes
New Condos by Occupancy Year
2019
2020
2021
2022
2023
2024
2025
2026
TBA
News
Podcast
True Condos Approved
Uncategorized
Videos
Filter by content type
Taxonomy terms

Top 5 Condos to Invest in on the Downtown Relief Line

DRL Map True CondosThe Downtown Relief Line has been talked about for decades, but now it is inching closer to reality.

The purpose of this new subway line is to bring “relief” to the overcrowded Yonge street line by pulling riders off the Danforth line and bringing them downtown through the Riverdale/Leslieville/Queen street east neighbourhoods.

After several revisions, the City of Toronto has put forth their recommended route with exact locations of the subway stations, even where the entrances will be located on the street.

Anytime a major new transit line like this is proposed, it is very exciting news for real estate investors.

The relief line combined with John Tory’s SmartTrack will create the infrastructure backbone for a real estate development explosion in the east side of the city.

In 5 years there will probably be 20 great new condo projects along this line, but for now, the list is pretty thin compared to if we did the same on the west side of the city.

The east side of the city has always lagged behind the west side from a real estate development standpoint, but all that is about to change.

As always, the investors who get in before the word is out will do the best in the long run.

Here are the top-5 projects to invest in now on the proposed Downtown Relief Line.

The-Wyatt-Condos-Regent-Park-Toronto-Regent-Park-Life-DanielsThe Wyatt

[content_box box_type=”normal”]Launch Date: Fall 2016

Developer: Daniels

Number of Units: Approx 300

Price Per Square Foot: Mid $500s

Distance to the proposed DRL subway station: 600m[/content_box]

The Wyatt is going to be the next building launched in Daniels acclaimed revitalization of the Regent Park neighbourhood.

The tower is expected to launch in September of this year (2016).

Located at Dundas and Sumach, this building would be a straight shot down Sumach to the proposed King-Sumach Station.

Regent Park is a great example of a neighbourhood that could really be positively impacted by the construction of the Downtown Relief Line. Already well connected to the downtown and served by 3 streetcar lines, adding a subway station within 5 minutes walk would dramatically increase the attractiveness of this blossoming neighbourhood.

The Regent Park revitalization process is just over halfway finished today but if the DRL happens it will be fully completed right around the same time that the DRL will be too.

rivercity3River City 3&4

[content_box box_type=”normal”]Launch Date: RC3 already launched, RC4 launch date unknown

Developer: Urban Capital

Number of Units: RC3 – 332, RC4 – approx 100

Price Per Square Foot: Low $600s

Distance to the proposed DRL subway station: 300m[/content_box]

River City 3 and River City 4 are the last 2 phases of the award-winning River City buildings. First launched in 2009, River City has set a new standard for architectural excellence on the east side of downtown.

RC3 is under construction now and will be completed by 2018. RC4 is a small boutique-sized building that will launch probably sometime in the next year.

RC3&4 would be just steps away from the proposed King-Sumach station.

RC1&2 resale prices are really strong lately, with some units creeping over the $700psf mark which is always a big psychological price barrier for any condo building. If you add in a subway station to this location, along with all the great action happening in the West Don Lands in general, values in these buildings could really explode over the next decade.

riverside-day

Riverside Square

[content_box box_type=”normal”]Launch Date: Multi-phase project, Building 4 Platinum Sales on Now

Developer: Streetcar

Number of Units: Building 4 – 144

Price Per Square Foot: Mid/high $500s

Distance to the proposed DRL subway station: 400m[/content_box]

Riverside Square is a 4-building master planned community on Queen Street east in the heart of the thriving Riverside neighbourhood.

The 4th tower is a small boutique-sized building and is launching right now (June 2016).

The entire Riverside neighbourhood centred by Queen and Broadview is a classic example of just how fast a neighbourhood can gentrify. This was known as a very sketchy area just a few years ago, and now it is one of the hippest, most desirable in the city.

The Downtown Relief line would add a subway station at the south end of the hood at Eastern Avenue and Broadview.

What’s really interesting is that the subway station would be linked to the SmartTrack/GO station on the Unilever site as well creating a major transportation and employment hub out of what was very recently considered a derelict neighbourhood.

With the Unilever lands just south of Riverside, expect a massive amount of redevelopment to continue all over this pocket for decades to come. Riverside Square is just the beginning.

CanaryParkCondos_Exterior

Canary Park Block 16

[content_box box_type=”Normal”]Launch Date: Unknown

Developer: Dream

Number of Units: TBA

Price Per Square Foot: Unknown

Distance to the proposed DRL subway station: 200m[/content_box]

The rumour is that the next building to be developed in the West Don Lands will be Canary Block 16 on Front street.

Canary District and Canary Park are the first two buildings in this neighbourhood and they are both virtually sold out with units averaging in the high $500s per square foot.

Similar to Regent Park, this is a brand new neighbourhood being built from scratch on the east side of downtown.

The West Don Lands already has all the bones to make a great neighbourhood – access to transit, an amazing park space, trails, lots of great retail, and a healthy mixture of old and new buildings, commercial and residential. Adding in a subway station just 200 meters north will make this area one of the most desirable places to live in the city.

Daniels Leslieville Map

Daniels Leslieville

[content_box box_type=”normal”]Launch Date: 2017

Developer: Daniels

Number of Units: Unknown

Price Per Square Foot: Unknown

Distance to the proposed DRL subway station: 400m[/content_box]

Daniels turned some heads in the industry when they acquired this property on Queen Street in Leslieville last year. The mid-rise building is expected to launch sometime in 2017. The official name is not yet known, but Daniels Leslieville has a nice ring to it, so I’m going with that.

Not the typical high profile site that Daniels is accustomed to developing, Daniels must have seen something in this location to purchase a site that doesn’t have much in common with anything else in their extensive portfolio of condo buildings.

What they might have seen, besides the obvious of being located in the heart of Leslieville, one of Toronto’s hottest neighbourhoods, was the incredible proximity to a potential Downtown Relief Line subway station at Queen and Pape.

With resale home prices in this area shooting beyond the reach of most families, Leslieville has gone from a great place to get a fixer-upper starter home to another enclave of the relatively wealthy in just 10 years.

This stretch of Queen Street East already has had a couple of highly successful condo releases this year, and the increasing amount of restaurants, boutique shops, and baby strollers make this a great location to think about getting a 2 or 3 bedroom unit for investment today knowing that more and more families will want to live in this area tomorrow – especially if the DRL comes in.

48 Power Condos Map

48 Power (Great Gulf Homes)

[content_box box_type=”normal”]Launch Date: Fall 2016

Developer: Great Gulf

Number of Units: 600

Price Per Square Foot: Unknown

Distance to the proposed DRL subway station: 600m[/content_box]

Great Gulf has been sitting on this piece of property for a few years now, and what was once considered to be somewhat of an isolated location is soon to be prime downtown east real estate.

Located about 600m from not 1, but 2 of the proposed Downtown Relief Line subway stations, this site by one of the best condo developers in Toronto is going to be a hot seller when it launches hopefully in the fall of this year (2016).

19951-67790

Queen and Sherbourne Towers

[content_box box_type=”normal”]Launch Date: Unknown

Developer: Wam Development

Number of Units: 1645

Price Per Square Foot: Unknown

Distance to the proposed DRL subway station: <100m[/content_box]

This 3-tower development is only in the early proposal stages, and it could be some years before it ever launches to the market, but wow, what promise we have here!

Queen and Sherbourne has had the reputation for many years as being one of the worst intersections in the city from a real estate standpoint. The area is home to many shelters and services for the homeless.

It’s amazing to think that we might see this mega development consisting of 3-towers landing pretty much right on top of a new subway station in this location.

This will be one to watch for a number of reasons. Your kids might look at you funny one day when you tell them that the place you bought your luxury condo used to be one of the worst areas of the city!

Tags