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DNA3

01 Sep

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For pre-construction condos, I work with top builders like Tridel, Minto, etc. to provide you the best options for your needs. Your interest is my priority; I can help you save thousands of dollars from the builder’s listed prices. My clients get extra $$$ discounts.

DNA3: 1030 King Street West, Downtown Toronto
See location on google map

Best Selection of Units
New Floors With Unobstructed Views Which Were Never Available Before
 
15% Deposit in 3 Equal Installments of 5%

Downtown’s Next Address is the third and final phase of a vibrant community of modern condominiums located in the King West neighbourhood of Downtown Toronto. The project contains studios, one bedroom and two bedroom condos with sizes ranging from 270-792 sq-ft (Average Price Range: $200,000—$400,000) The project has a cutting edge design which sets a new level of sophistication. Award winning Graziani & Corraza Architects have created illuminated sleek exteriors for the buildings. A soaring double storey lobby, designed by Cecconi Simone, is inspired by the details found in art and high fashion industry. Download floor plans for the 12th floor The floor plans for 13th & the 14th floors will probably be the same but haven’t been finalized yet. Download the market price information.

Engineered Wood Flooring
Custom Designed High-End European Kitchens
Ceasarstone Counter-tops
Integrated Fridge and Stainless Steel Appliances
Rooftop Garden for Entertaining
Outdoor Misting Area with BBQ & Lounge
Modern & Sleek Party Room
Fitness Facility With Exercise, Yoga & Aerobics Rooms
Theatre Room
Business Centre
24/7 Concierge

Return on Investment in Phase 1 & Phase 2 of DNA
DNA1(1005 King St)
Return on Investment (Equity) = 312%/6 yrs = 52% per annum
DNA2(1 Shaw St)
Return on Investment (Equity): = 350%/5 yrs = 70% per annum
Q: Why invest in DNA3 Condos?
A: This would be a great investment as the recent trend has been that the developers of such condo projects would release the new upcoming units at future prices. This means that if the comparable units in the current resale markets are selling for $550/sq.ft, then the developer will release the units at $600/sq.ft or above. It doesn’t leave the client/investor to profit much in such a scenario as the developer is selling at future pricing. In the case of DNA3, our initial reservation price for the units would be approx $600/sq.ft even though DNA1 & DNA2 are selling for approx $600+/sq.ft in spite of being older and having lower finishes and fewer amenities. This reservation price should translate into substantial benefit for clients/investors as the prices for DNA1 & DNA2 should increase substantially more by the time DNA3 is completed which would be in approx 2-3 yrs and at that time DNA3 would be a brand new building with better facilities and hence would command even higher value.
Q: Are the above examples based upon a period of unusual market activity and hence such spectacular gains in profit cannot happen again?
A: Toronto market has been appreciating at a very steady pace. It hasn’t seen a period of very steep increase in prices. Market activity summary is noted below and a full market watch report is attached. Obviously it is a matter of opinion but one observation could be is that Toronto may be ready for a very strong growth in real estate pricing

Year *Number of Sales *Average Price

2000 58,343 $243,255
2001 67,612 $251,508
2002 74,759 $275,231
2003 78,898 $293,067
2004 83,501 $315,231
2005 84,145 $335,907
2006 83,084 $351,941
2007 93,193 $376,236
2008 74,552 $379,347
2009 87,308 $395,460
2010 86,170 $431,463

Q: What would be my return on investment?

A: The figure above would be an indication of long term trends in price appreciation. The current pricing of DNA1 & DNA2 is already substantially higher than the price per square foot which is available to us before the project goes in Public opening. By the time DNA3 is completed, DNA1 & DNA2 should have increased further based upon the long term trend as per the figures above. Our investment at that time would be in a brand new building which would have better amenities and finishes as opposed to DNA1 & DNA2 which would be 5-6 yr old buildings at that time. It stands to reason that DNA3 would command even higher prices than DNA1 & DNA2.
 
Q: What would be the deposit structure
A: 15% in 3 equal installments of 5%. Balance upon completion/occupancy.Download Floor Plan 12th Floor (.pdf)

Please call me or email me if you are interested in more information or if you would like a tour of the property and visit a model condo.

 

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Posted by on September 1, 2011 in 1 Bloor, 32 Camden, 32 Camden Condos, 707 Lofts, Allure Condos, Argento, Blythwood at Huntington, Bond, Bridlewood Mall, Cinema, Commercial, Commercial Real Estate, Condominiums, Diamond @ Don Mills, DNA3, DNA3 Penthouse, Don Mills, Dovercourt, Essential Condominiums, Essential Condos, Food Court, Four Season Hotel, Grand Genesis condominiums, Grand Genesis Condos, L Tower, L Tower Condos, Lawrence Park, Leslie, Leslie Boutique, Leslie Boutique Condos, Lofts, Low Rise Homes, Luxury Homes, Luxury Townhomes, Madison Condominiums, Madison Condos, Mount Joy, New Condominiums, New Condos, No.210 Simcoe Condos, No.210 Simcoe Street, NXT Condos, NY Condominiums, NY Condos, O2 Condos, office, One Bloor, One Bloor condominiums, One Bloor condos, Oxygen Condos, paintbox, paintbox condo, Paintedbox, Paintedbox Candos, Perspective, Perspective Condos, Plaza, Pre Construction, Q Loft, Q Loft Condos, Rain, Rain Condos, Residential, Restuarant, Retail, Richmond Crossing, Richmond Hill, Shopping Mall and Plazas, Shopping Plazas, Strip Plazas, The Bond, The Bond Condominiums, The Bond Condos, The L Tower Condos, The Madison Condominiums, The Merton, The Merton Townhome, The Station Condos, The Station Condos on the subway, Toronto New Condos, Tower, Town Homes, Townhome, Treviso Condominiums, Treviso Condos, Tridel Blythwood at Huntington, Tridel's Argento, Tridel's Argento condominiums, Tridel's Argento condos, Uncategorized, Vaughan, vaughan condos, Vero Boutique Condo, Vero Boutique Condominiums, Water Garden by Minto, Water Garden condos, Woodbridge, woodbridge condos, wycliffe, Yorkville Plaza, Yorkville Plaza condo

 

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