Pedestrian Tunnel to Billy Bishop Airport Opens to Public

For the first time since a violent storm disconnected the peninsula from the mainland in 1858, pedestrians can now walk to the Toronto Islands – or at least the airport located there. A new fixed pedestrian link connecting Eireann Quay and Billy Bishop Toronto City Airport opened to the public today, joining the islands and the mainland via an underwater tunnel running approximately 100 feet below the surface. Since opening in 1939, the Island Airport, as many refer to it, has only been accessible from the mainland via a short ferry route—that is until earlier this afternoon when the first pedestrians crossed the 853 foot/260 metre tunnel below Toronto Harbour’s Western Gap.

The opening event, held inside the island-side terminal, was attended by representatives of Ports Toronto as well as politicians including Mayor John Tory and Federal Minister of Transport Lisa Raitt. Raitt previously served various roles within the Toronto Ports Authority, the predecessor to Ports Toronto. Former Mayor and Ward 2 councilor Rob Ford was also in attendance, as the $82.5 million project was initiated in 2012, during his administration.

Inside the atrium at Billy Bishop Toronto City Airport, image by Jack Landau

“The pedestrian tunnel to the Billy Bishop Toronto City Airport provides residents and visitors alike the level of customer service and convenience one would expect of a world class city like Toronto” said Mayor John Tory. This pedestrian tunnel is a perfect example of how private and public partnerships can help reimagine Toronto and build up the city. I want to thank all of those involved in getting us to today.”

(L-R) John Tory, Lisa Raitt, and Mark McQueen cutting ribbon for the new pedestrian tunnel, image by Jack Landau

Following speeches by dignitaries and a brief ribbon-cutting ceremony, the media was ushered down two very long banks of escalators within the terminal, for our first look inside of the newly-completed tunnel. The tunnel can be accessed from the island side by one of the longest escalator systems in Canada, elevators, or a staircase of 153 steps. We, along with a crush crowd of media, chose the escalators.

Descending from the airport atrium towards the tunnel, image by Jack Landau

The escalator system is divided into two banks, with a short landing in between them.

Landing between the escalators, image by Jack Landau

Down the second escalator…

Descending the second escalator towards the tunnel, image by Vik Pahwa

At the bottom of the second set of escalators, those heading for the mainland find themselves at the entrance to the tunnel proper, which measures approximately 550 feet end-to-end, excluding approaches. Ten metres of lake water sits above the top of the tunnel, which takes approximately six minutes to cross at average walking speeds.

Facing north across the tunnel to the mainland side, image by Vik Pahwa

The tunnel can move approximately 1,100 pedestrians per hour, largely with the help of four automated walkways, or movators, similar to the ones found in larger airports around the world.

Crossing the tunnel via an automated walkway, image by Jack Landau

Digital screens are mounted above the moving walkways. These are just a few of the 42 screens installed throughout the airport, including the pavilion, atrium and tunnel.

Display screens inside of the tunnel, image by Vik Pahwa

Facing back to the south from the city side, the tunnel got its first real capacity test as a crowd of media and dignitaries made the crossing.

A large group crossing northbound through the tunnel, image by Jack Landau

At the north end of the tunnel, a bank of six elevators leads up to a bright pavilion at the foot of Eireann Quay, where a convoy of taxis and shuttle buses await to fight their way through traffic to destinations in the city. While this is clearly the more convenient method of the crossing Western Gap for patrons of the airport, vehicles as well as those who appreciate the romanticism or novelty of the short boat ride will still be served by the ferry.

Elevators at the north end of the tunnel, image by Vik Pahwa

Pavilion where the elevators surface, image by Vik Pahwa

The project has been the recipient of multiple awards, including the Tunneling Association of Canada’s 2014 Canadian Project of the Year Award, and International Tunnelling & Underground Space Association’s 2014 Specialist Tunnelling Project of the Year Award. In addition to providing a crucial pedestrian link to the airport, the tunnel also includes new municipal water and sewer mains traveling to and from the island, incorporated into three of the tunnel drifts. The inclusion of these services in the project has saved an estimated $10 million in construction costs, that may have otherwise been payed through taxes.

Source:UrbanToronto

 

Park Towers Condominiums at IQ

Park Towers Condominiums at IQ    

                                      Exclusive Project To My Clients Only

If you’re looking to reside in Toronto without the steep price tag, this project will answer your housing prayers. The new 24-storey development on the Queensway is a more affordable alternative, and is only a short drive away from Toronto’s downtown core.

The Park Towers Condominiums at IQ will include an east and west tower, both standing 24-storeys tall. The east tower will be home to 228 suites, and the west will hold 230. Once the project is complete, the master-planned community will feature seven towers and 1,200 residential units.

But there’s more to the new development than its affordability. The units are also spacious and boast tons of high-end features, like double-glazed windows to up energy efficiency.

If you don’t cook often now, prepare to soon. The kitchen will draw you in with its quartz breakfast bar, stainless steel major appliances and a ceramic backsplash. Other suite features are equally impressive. The bathroom, for instance, combines cultured marble countertops with elegant white accents.

The next phase of the highly successful IQ Condominiums, Park Towers – a masterpiece, park inspired community envisioned by the finest architects, designers, landscape architects and urban thinkers in the city. Intelligent living in Toronto in a master-planned community built around a lush green park and just steps to the TTC, IQ Condominium Residences are The Remington Group’s new luxury-green development at Islington and Queensway. Cleverly priced from the high $100’s.

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The Yorkdale Condo

THE VIP SALE is on right now. Please register before this project is SOLD OUT

Now you can live at The Yorkdale Condos. Inspiring Residences next to Yorkdale Mall, the TTC and 401. The Yorkdale is convenience, comfort, luxury, extravagance, premium and privilege. Known as Canada’s premier shopping destination, Yorkdale Shopping Centre is home to some of the most prestigious boutique shops and major retailers in the world, but Yorkdale is about more than just shopping. It’s a total lifestyle experience — the perfect synergy of luxurious living, dynamic energy and instant accessibility in one irreplaceable location. Now, located at the south end of Yorkdale Shopping Centre, flanking Allen Road, The Yorkdale Condominiums is comprised of two stunning residential towers that reflect the vibrant urban energy of this distinctive location. The Yorkdale Condominiums give you the chance to
enjoy the best of residential living in mid Toronto. Enjoy gourmet restaurants, exciting entertainment and unbeatable urban convenience with TTC Subway, Allen Road, Hwy. 401 and the many shops of Lawrence Avenue all right at your front door. The Price starts from 169,900.    Click here for Brochure.        Click here for Floor plan and price list

The Yorkdale Condominiums consists of two buildings both 15 stories high and approximately 300 units each. Designed by award-winning KPMB  Architects, with interiors by Page+Steele/IBI Group and landscaping by PUBLIC WORK. The Yorkdale Condominiums is located in Lawrence North – which is the first phase of the 100 acre master planned community has parklands, cycling and walking paths. Close by the the Yorkdale Shopping  Mall with top designer shops and gourmet restaurants. Steps away are the Yorkdale Subway Station which connects you to different universities in Toronto such as U of T, Ryerson University and York University. Also close by is the Allen Road and Hwy 401.

Lawrence North is the first phase of an urban renaissance.

Located just south of Yorkdale Shopping Centre, The Yorkdale Condominiums is located in Lawrence North – which is the first phase of the 100 acre master planned community. Anchoring Lawrence North is the proximity to Yorkdale Shopping Centre, steps to TTC subway access, Allen Road/401, transit access, and new parks, walkways, and bicycle paths. At its centre, Lawrence North will include a beautiful new 3 acre neighbourhood park framed by new tree lined streets. Lawrence North is being developed by a private/public partnership, including a 45.9 million public investment in new infrastructure, a new network of local streets, utilities and parkland. In addition to The Yorkdale Condominiums, the community will feature a wide range of over 250 townhouses.

FEATURES & FINISHES THE FOLLOWING IS INCLUDED IN THE PURCHASE PRICE AND IS STANDARD TO ALL SUITES:
• Wide plank wood laminate flooring throughout foyers,kitchens, living and dining areas.
• Carpet in bedrooms.
• Porcelain tile flooring in bathrooms.
• Kitchen cabinets feature choice of two tone packages (dark lowers and fridge cabinet with white horizontal look uppers) or an all-white package with horizontal look uppers.
• Kitchens feature granite countertops, glass tile backsplash, single under-mount stainless steel sink, chrome single-hole lever faucet and chrome hardware.
• Appliance package includes a counter depth 24” stainless steel fridge, 24” electric stainless steel slide in range, 24” stainless steel dishwasher, 24” stainlesssteel under cabinet hood vent, and an appliance ready shelf in upper cabinets.
• Bathrooms include a vanity, stone countertop, chrome single lever faucet, under-mount white sink, and a white single flush two piece toilet and chrome hardware and accessories.
• Matching tile tub surround, tile shower wall (as per plans)
• Tile feature wainscoting behind vanity and toilet in suites with a single bathroom and in the master bathroom of two and three bedroom suites.
• Feature shelf above vanity and toilet between wall and tub or shower (as per plans) in suites with a single bathroom and in the master bathroom of two and three bedroom suites.
• Bathrooms with tubs only have a shower head, valve and diverter, and tub filler.
• Bathrooms with walk-in showers only (as per plans) have a shower head and valve.
• Custom framed mirror in all bathrooms.
• Approximately 8’ ceiling heights  in all main living areas except where bulkheads occur.
• Smooth plaster ceilings in foyers, kitchens, living and dining areas.
• White stacked apartment size washer and dryer.
• Painted drywall walls, flush/slab interior doors and baseboards.
• Individually controlled fan-coil heating and air-conditioning.

 

Condo prices expected to jump in major Canadian markets

A new study by Genworth Canada and the Conference Board of Canada says first-time buyers, retirees and population growth will continue to fuel demand and price growth in condo markets in Canadian cities over the next few years.

The report looked at eight major metropolitan areas and noted that rising prices for single detached homes are encouraging first-time buyers to look at condos as an option, while retirees “remain heavy condominium consumers.” Further demographic support in the coming years will be provided by an aging population.

The report also cited continued low interest rates and employment growth as factors supporting the condo and housing market.

Genworth is a Canadian mortgage insurer based in Oakville, Ontario.

Here are a few more interesting factoids included in their report:

• Absorption of new condos is forecast to fall only in Edmonton in 2012 while small increases are expected in Quebec City and Ottawa
• Calgary absorptions are expected to more than double, but will remain below their boom-era level pre-recession
• Unsold inventories in Toronto will stay below early 1990s levels and are expected to ease by 2013
• Vancouver is the least affordable city in Canada while Calgary is the most affordable when analyzed relative to local incomes
• In Toronto by 2013, the average resale condo price is expected to be $312,352, up by 2.5 per cent
• Vancouver condo resale prices are expected to drop 2 per cent to $348,152

Many of the report’s predictions run contrary to warning issued by some experts and government officials about the Canadian housing market and some specific “overheated” markets.

“This data corroborates our view that the demand for condos in Canada, particularly at the price-point we insure, is well supported by our economy and our population,” said Brian Hurley, chairman and CEO of Genworth Canada in a press release. “For those seeking to own a home affordably in urban centres, condos remain a good option.”  Source: Buzzbuzzhomes

 

Infinity 4 Condos

 

INFINITY CONDOS FINAL PHASE

After The Success of Infinity Phase I, II, III The Conservatoy Group Brings INFINITY FINAL PHASE !!!!

No boundaries, unlimited possibilities, ultimate freedom. That’s the theme of Downtown’s newest luxury condominium residence, a soaring architectural masterpiece right across from the Air Canada Centre. Right in the heart and soul of downtown Toronto, Infinity 4 Condos is a rare find in the absolute centre of one of the greatest cities in the world. At your fingertips are the best gourmet restaurants, the hottest sports events in the city, world-class performances, inspired shopping venues, trendy bars and clubs. Boasting one of the best locations in the city – overlooking the CN Tower, Skydome, and waterfront – Infinity 4 Condos takes you to unimaginable new heights of luxury and sophistication.

At the Infinity Condos the luxury never ends and the lifestyle goes forever. Executive amenities include a 24-hour concierge, card access security system, an elegant lobby entrance, and guest suite. For the exclusive use of residents, Infinity’s own recreation and entertainment centre includes a fitness club, luxurious indoor pool, sauna and whirlpool, cinema, party room and more. With a complete recreation centre and endless lifestyle possibilities at your doorstep, Infinity 4 Condos is an exciting new adventure in condominium living.

The Final Phase of INFINITY CONDOS Will be 18 Storey Building at very competitive prices. Amazing Opportunity for investors at prices $100-$200 less than competing buildings.

Prices Starting from $324,900

Platinum Agent Incentives Available for a Limited Time

* $5,000 OFF – 1 Bedroom Suites

* $7,000 OFF – 1 Bedroom and Den Suites

*$10,000 OFF – 2 Bedroom Suites

*$15,000 OFF- 2 Bedroom and Den Suites

* $2,500 OFF – Parking

* $1500 OFF- Bicycle/Storage

EXTENDED DEPOSIT STRUCTURE: UP TO 240 DAYS

$5,000 on signing

Balance to 5% in 30 days

5% in 90 days

5% in 180 days

5% in 240 days

WOOD LAMINATE FLOOR IN ALL BEDROOMS

INFINITY MAINTENANCE FEE:  Approximately $ 49.80cents per square foot

INFINITY PARKING: $42,500 each, Hst included

INFINITY LOCKER: $5,500 each, Hst included

 

GET ON OUR FIRST 10 LUCKY PLATINUM GEUST LIST NOW FOR REDUCED PRICES, AND PRIORITY ACCESS FLOOR PLANS. REGISTER NOW!!!

 

 

88 Scott Condos

 

88 Scott Condominium Residences: Price From $400,000 to $1.5 million.

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The rumble of the TTC, the steely chime of streetcars. Cool jazz drifting out from The Reservoir Lounge. That fresh apple smell at the St. Lawrence Market, when you know it’s really fall. Curtain call at the Sony Centre, rush hour on Bay Street. It’s what makes downtown Toronto, well, Toronto – the most exciting, dynamic place you’ll ever live. Ever.

Here, at the downtown core, connect to a true original, conceived from the very essence of what makes Toronto one of the world’s great cities. A magnificent tower fashioned from limestone, glass, concrete and steel, soars from its heritage base to a monumental presence in the cityscape. Spectacular views by day and by night. A pivotal location where the Financial District meets the St. Lawrence neighbourhood. With total access to everything downtown. To the arts, to the sports you love, to work, to food from far away places. To the high life, the vibrant street life and the best kind of everyday life.

It’s Toronto to the core. It doesn’t just surround you, it’s inside of you. In your heart. Because living here defines you, drives you, inspires you.

88 Scott Street Condos was designed for a certain kind of individual. Successful. Informed. Quintessentially urban.

Located in the heart of the Financial District at Scott and Wellington, 88 Scott captures the very essence of downtown Toronto living and polishes it to new brilliance. These elegant new condominium homes feature exquisitely designed interiors, equally sophisticated amenities and captivating architecture.

88 Scott Street Condos is the embodiment of personal success and style. Maybe it’s time to let the rest of the world know you’ve arrived.

88 Scott. Street Condos It’s Toronto to the core.

FEATURES & FINISHES

88 Scott is defined by superior design, engineering and construction. The building’s captivating architecture blends limestone and granite in the five-storey podium base with a soaring, contemporary tower rising 58 storeys into the city’s skyline.

• Architecture by Page & Steele / IBI Group Architects.
• Interiors by Union31.
• Energy efficient. sustainable anti liveable building design targeting LEED Gold status.
• Professionally landscaped streetscapes and roof terrace.

AMENITIES

A collection of well-appointed amenities establish the sense of a “vertical neighbourhood”, catering to a variety of residence social entertainment, health, fitness and recreational needs.

The Ground Level

• Impressive and gracious entranceway and lobby with 24-hour concierge.
• Lobby Doorman.
• Wi-Fi equipped multimedia news lounge. coffee bar and a fireside lounge.
• Private boardroom.
• Onsite property management office.
• Two furnished guest suites for overnight guests. (2nd floor)
• Short-term resident and visitor bicycle parking.
• Pet wash area.

The Core Club (6TH FLOOR)

• Wi-Fi enabled residents’ lounge includes kitchen and bar fireplace, bistro dining, billiards room and private video screening theatre.
• Fully-equipped fitness studio featuring areas for cardio, yoga, weight training and a central juice bar.
• Seamless-edge indoor pool within a soaring glass pavilion offering city and terrace views.
• Co-ed steam and sauna plus men’s and women’s change rooms.
• An expansive outdoor terrace with green spaces. barbeques, alfresco dining and seating options. fireplace and outdoor fitness/sunbathing area.

The Sky Lounge (46TH – 47TH FLOOR)

A spectacular two-storey Wi-Fi enable fireplace lounge, bar and private dining room overlooking the dramatic city skyline through floor-to-ceiling windows.

SECURITY AND CONVENIENCE

• 24-hour concierge.
• Lobby Doorman.
• Full-time, live-in building Superintendent.
• Encrypted security key fob building access system
• Security restricted floor access via four high speed, computer controlled elevators.
• Cameras at building entrances with in-suite TV monitored building entrance system.
• Fire protection throughout building including in-suite sprinklers and smoke detectors.
• Individual suite controlled programmable thermostat for your year round comfort.
• Pre-wired for telephone and cable in living room, bedrooms and dens.
• Capped ceiling outlet in dining room, bedrooms. ,and den and above fixed kitchen island as per plan.
• In-suite ready and wired for service key-pad enabled security system.
• Balconies and terraces equipped with electrical outlet.
• Provision for future possible connection to the Toronto underground PATH network via the underground mezzanine level.

SUSTAINABILITY

88 Scott is designed with the goal of LEED Gold Certification and to the highest tier of the City of Toronto Green Development Standard.

• Landscape irrigation system supplied by a storm water storage tank.
• Double glazed. low E, thermal windows.
• Energy efficient lighting used throughout building common areas.
• Low VOC paints, stains, sealant: and adhesives used in suites and throughout common areas.
• Individual suite controlled programmable thermostats.
• All-off master light switch at suite entry.
• Individual electricity, water and healing and cooling flow metering for each suite.
• Counter mounted filtered eater faucet in all kitchens.
• High, efficiency dual-flush toilets.
• Dual-chute bi-sorting garbage and recycling system.
• Green roof system reduces urban heat island effect.
• Occupant, light sensors in most amenity areas.
• Resident and visitor bicycle parking.
• Reuse of limestone character facade.
• Building materials selected for local availability and recycled content.
• Heat recovery ventilator provided in each suite.
• Roller shades on all exterior windows.
• Energy efficient appliances.

Purchaser Incentives

Concert Ambassadors Club Clients will receive a number of purchaser incentives:

1. Price Discounts Applied at Time of Purchase- not Cash back on closing. You qualify based on the lower price!

• Save $1,000 on Studio Suites
• Save $2,000 on 1 Bedroom and 1 Bedroom + Den Suites
• Save $3,000 on 2 Bedroom Suites
• Save $6,000 on 2 Bedroom + Den and 3 Bedroom Suites

2. Stretched Deposit Structure

• $5,000 upon signing
• 5% (minus the initial $5,000 deposit) in 30 days
• 5% in 90 days
• 5% in 180 days 365 days
• 5% in 270 day:. 730 days
• 5% on the occupancy date
• Maintenance Fee: Aprox. $0.52 / sq. ft + Hydro
  Taxes: Approx 1.1% of purchase price

3. Assignment Fee of $500 saves the purchaser $4,500!

4. Capped Closing Adjustments

• For studio, 1 bedroom and 1 + den suites, closing adjustments are capped at $5,000.
• For 2 bedroom and 3 bedroom suites, closing adjustments are capped at $7,500.

88 Scott Condominium Residences Price List

 Prices List and Floor Plans are Available Upon Request only to our registered Members!

Finishing Appointments

Interiors by Union31 inspired by contemporary Canadian Moderne design. High-end finishes such as quartz and Corian countertops, wood and lacquer cabinetry, stainless and fully integrated appliances, smooth finished ceilings and custom roller shades come standard, regardless of suite size or location within the building.

Building Amenities

Gracious Lobby with 24-hr concierge, Wi-Fi enabled news lounge, coffee bar, fireside lounge and private boardroom. 6th floor Core Club with Wi-Fi enabled residents’ lounge with kitchen and bar, fireplace, bistro dining, billiards room and private video screening theatre; fully equipped fitness studio with areas for cardio, yoga, weight training and a central guide bar; seamless-edge indoor pool, co-ed steam and sauna plus men’s and women’s change rooms and expansive outdoor terrace with green spaces, barbeques, alfresco dining and seating options, fireplace and outdoor fitness/sunbathing areas. 46th and 47th floor Sky Lounge with Wi-Fi enabled fireplace lounge, bar and private dining room offering spectacular views.

Building Features

A 58-storey tower with a five-storey character-inspired podium designed to seamlessly bridge Toronto’s Financial District with the nearby St. Lawrence Market neighbourhood. 88 Scott is defined by superior design, engineering and construction.

 

Rise Condominiums

Rise Condos by Reserve Properties is coming to the South East corner of Bathurst and St. Clair. Located on the subway line, and within minutes to mid-town and downtown Toronto, RISE will be a spectacular development at a fantastic location!

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Rising to 25 storeys, Graziani + Corazza Architects have given Rise a Mondrian-inspired grid at the intersection, and a six-storey podium running south along Bathurst, to provide the perfect space for a lushly landscaped and decked-out rooftop terrace, which culminates in an infinity pool facing the southern view.

Rise Condominiums presides over the south-east corner of Bathurst and St. Clair, anchoring the gateway to this new hub. Steps from the St. Clair West subway stop and across the street from Loblaw’s (a.k.a. Forest Hill Market), Rise Condos will become a statement piece for the community with a Mondrian inspired pattern rising up its façade. Rise Condos will offer 320 contemporary condominium suites starting from the low 200,000’s and ranging from 437 sq. ft. – 865 sq. ft. with a dream lifestyle that has yet to be seen in midtown Toronto.

Emulating the ambience of a swanky international hotel, Rise Condominiums offers purchasers the ultimate amenity wish-list covering an expansive 18,000 sq. ft. Soaring above the St. Clair escarpment, a seductive infinity pool spans across the building with a picture perfect backdrop of downtown Toronto. Sharing the same spectacular view, Rise Condominium ’s oversized outdoor terrace features the ultimate entertainment space with dining and cooking areas, fire pits and private cabana lounges. The outdoor terrace is connected via transparent sliding doors to intimate dining and lounge spaces so residents can play, relax or entertain at any scale.

Rise Condominiums Exclusive V.I.P Agents Special Price List

(Subject to availability)

Continue…

Floor premiums of $1,000.00 per floor.

Floor premiums of $1,000.00 per floor.

Exciting Features

Custom designed European style kitchen cabinetry** with stone countertop, **single or double bowl undermount stainless steel sink, stone surface island counter* and glass tile backsplash**. Premium stainless steel appliances. Gas cook-top, electric built-in oven and microwave. Integrated ENERGY STAR frost-free refrigerator and dishwasher. Pre-finished engineered wood floors throughout except in bathrooms and washer/dryer room. Custom designed European style bathroom cabinetry ** with stone countertop** and undermount sink. Frameless glass shower *, rain style showerhead, deep soaker bathtub with porcelain tiles ** on all wet wall surfaces and floor. Individually controlled heating and air conditioning utilizing a heat pump system. Gas BBQ connection provided on balconies and terraces.

*Denotes availability determined by suite design.

**Denotes finishes to be selected from the vendor’s samples.

All prices, figures and materials are preliminary and are subject to change without notice E. & O. E. November 08, 2011

Register now, and be the first to access the price list and floor plan for upcoming New Condo project.

 

Picasso Condo

         Picasso Condo 

The Goldman Group and Monarch Corporation are proud to bring you their latest high rise condominium. Picasso Condo will offer approximately 400 units in a 39-storey masterpiece. Featuring incredible city and lake views and stunning finishes. This iconic development will surely be one of Toronto’s hottest new downtown address’. Minutes from the theater and financial district, and Queen West coveted shopping district. Don’t delay and contact me for your information package now!

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Picasso Condo will be new 39-storey condominium on Richmond Street West in the heart of Toronto’s Entertainment District, designed by avant garde architect Stephen Teeple. The exciting plans for Picasso Condos are for a tower of multiple, white-coloured boxes extruding from a dark central core highlighted by red accents. A randomized window pattern and treed terraces add further visual interest to the playfully articulated façade.

Picasso on Richmond, an urban icon, among other significant icons in Downtown Toronto, will create a unique living environment in downtown Toronto.

Picasso on Richmond is the new masterpiece in the Entertainment District by Monarch and Goldman Group. Located at 318 Richmond Street West, the unique architecture of Picasso will make it an urban icon in this new hot spot for condominium. The completed condominium will offer a unique residential environment in downtown Toronto. Owners will have living spaces that project out over the city, retail spaces and amenities at their fingertips, and spectacular views for a highly cultured, sophisticated urban living experience. That experience begins in the contemporary open-air lobby, which recreates an art gallery. Picasso’s 10th floor is amenity heaven, with a chic party lounge featuring floor-to-ceiling windows that provide an ever-changing seasonal display as a background. This floor also includes a bar and lounge areas, billiards room, yoga and fitness studio, media lounge, dining room, spa and sauna areas. And just imagine continuing the party with a moonlit stroll on the spacious outdoor terrace, which has cabanas and a walk-up deck to a hot-water oasis – all in the midst of panoramic city and lake views. Suites will surround owners in luxurious features and finishes.

The high quality builder, unique design, prime entertainment location and highly competitive pricing (to be released soon) will make this project a winner.

STREET VIEW. WINDOW VIEW. OVERVIEW.

Picasso on Richmond occupies one of the most significant sites in downtown Toronto. Lying on axis with Beverley Street and at the head of Widmer Street, along the north side of Richmond, the building will be seen as an urban icon in relation to other significant landmarks. The design is in response to this urban condition.

Floating cubic volumes shift outward, positioned to respond to each of these urban axes. These white volumes are accentuated by a dramatic red cut that jogs around each building face, creating a dynamic sculptural form.

This form extends from a ten storey podium that defines the space of Richmond Street West and animates the street with its own contribution of high end retail and commercial space at the pedestrian level. The main amenity space is situated on the tenth floor, overlooking a grand terrace, with roof gardens, BBQs, hot tub, tanning decks and an outdoor fireplace. This space offers panoramic views to the City and the lake.

The terrace and the roofs of most cubic volumes are planted with themed gardens, each with unique colours and attributes. The cumulative impact is to create a vertical landscape, an abstracted reference to the natural form of a mountain.

The completed project will create a unique living environment in downtown Toronto – living spaces that project out over the City providing spectacular views. Coupled with high-end retail and amenities at occupants’ fingertips. These features create a highly cultured, sophisticated urban living experience.

• Building designed by Governor General Award winning Teeple Architects Inc.
• Lobby, interior and amenities designed by internationally acclaimed Interior Design firm UNION31
• One uniformed 24/7 concierge providing peace of mind
• Professionally designed inviting landscape area(s)
• Eco-fnendly green roof, reducing heat-island effect
• Four high-speed elevators to serve the tower
• Designer decorated guest suite for your overnight guests
• Suites are designed with spacious balconies* and/or terraces* offering premium outdoor entertaining areas
• Mailroom conveniently located off main lobby
• Loading bay and service corridor
• Property Management office on site

STANDARD SUITE FINISHES

• Extraordinary living Spaces
• Suites designed with spacious balconies* or terraces* offering premium outdoor entertaining areas and panoramic views of the city, landscape, surrounding area
• Sliding doors with screens’ or swing door” to outside balcony or terrace*
• Double glazed Low E windows with screens on operable windows
• Ceiling height of approximately 8 feet on podium floors*. Ceiling heights are exclusive ol bulkheads required for mechanical or structural purposes
• Ceiling height of approximately 9 feet on tower floors*. Ceiling heights are exclusive of bulkheads required for mechanical or structural purposes
• Ceiling height of approximately 10 feet on PH floor*. Ceiling heights are exclusive of bulkheads required for mechanical or structural purposes
• All ceilings to be white stippled. Excluding kitchen, bathroom, laundry and/or storage rooms’ where the ceiling will be smooth and painted in flat white
• Low VOC. washable and non-yellowing paint. Semi-gloss Antique white paint on walls throughout laundry room, powder room and bathroom(s). Flat Antique white paint on walls throughout all other principal rooms.
• All trim and doors painted in white semi gloss
• Laminate flooring in kitchen, foyer/entry, living/ dining area, bedroom(s) and den*
• Contemporary styled interior swing doors with contemporary polished chrome hardware
• Contemporary 5″ baseboards with coordinating door casing
• Plastic coated wire shelving in all closets that do not receive closet organizers*
• White Decora style receptacles and rocker panel switches
• In suite fire sprinkler system
• BBO gas line hook-up for suites on PH floor*

FOYER

• Custom designed solid core suite entry door with contemporary hardware
• Suite entry door includes security view hole and deadbolt lock
• Swing closet door or mirrored sliding closet door*

LAUNDRY

• In suite laundry facilities include Energy Star rated 27″ front loading washer and stacked dryer with wall mounted water safety control*
• Dryer vented to exterior*
• Select suites (as noted on plan) feature 24″ under- the- counter vent less all-in-one washer/ dryer in kitchen, bathroom, or bedroom closet*
• Vendor’s pre-selected white ceramic tile in laundry
• Bathroom floor tile, to continue into laundry when it forms part of the bathroom*

ELECTRICAL

• Individual 100amp service panel with circuit breakers and copper wiring within suite (110/208 volt)
• Individually controlled in-suite heat pump system offering on demand heating and air conditioning
• Separate meter for electricity usage
• Pre-wired for telephone and cable outlets in all bedrooms, living room and den. ready for high speed internet access
• Smoke detector(s)
• In-suite sprinkler system
• Ceiling light fixtures in foyer, hallway(s). kitchen. bedroom(s), den and walk-in closet*
• Capped ceiling outlet(s) in living area*
• All balconies and terrace include electrical outlet(s)
• All appliances connected and ready to use

YOUR DREAM KITCHEN

• Contemporary designed gourmet kitchens featuring built-in appliances*
• Select cabinets offering horizontal awning style extended height uppers*
• Under cabinet valance lighting
• Quartz, granite or caesarstone kitchen countertop with square edge
• Oversized single stainless steel undermounted rectangular deep kitchen sink*
• Polished chrome, single lever, pull out kitchen faucet
• Choice of porcelain or ceramic or glass tile kitchen backsplash
• Extended breakfast bar on island*
• Certain suites complete with pantry *
• Stainless steel Brand name kitchen appliance packages, including:

24″ Kitchen Package

Integrated panelled door bottom freezer and top frost-free Energy Star rated refrigerator

Smooth top drop-in electric cook top with built-in oven

Panelled door built-in Energy Star rated dishwasher

Integrated microwave oven

Hood fan insert integrated into kitchen cabinetry

Please note – Panelled door on kitchen appliance to match kitchen cabinetry

BATHROOM OASIS

(Main and/or ensuite)

• Custom designed cabinetry with mirror above vanity
• Cultured marble vanity countertop with a contemporary integrated sink
• Ensuite bathroom vanity features a lockable medicine drawer. In suites with one bathroom, main bathroom to feature lockable medicine drawer
• Choice of porcelain floor tile
• Soaker tub or separate shower stall*
• Tub enclosure to include choice of porcelain wall tile to ceiling (excluding ceiling)*
• Separate shower stall features frameless tempered glass enclosure with frameless tempered glass door. Shower enclosure to include porcelain wall tile on shower walls from floor to ceiling (excluding ceiling) complete with ceramic tile floor and a separate vapour resistant ceiling pot light controlled by an independent switch*
• Bathrooms with tub and shower receive:

Separate relaxing soaker tub. Complete with two rows of one choice of porcelain tile on tub surround.

Separate shower stall with frameless tempered glass door to include porcelain tile on shower walls from lloor to ceiling (excluding ceiling) complete with ceramic tile floor and separate vapour resistant ceiling pot light in shower controlled by an independent switch.

• Chrome bathroom fixtures (soap dish in tub/ shower to be white ceramic)
• Stand alone showers to receive a Soothing spa inspired Rain Shower style showerhead
• High efficiency toilet
• 1 Pressure balanced mixing valve for tub/shower faucets providing temperature control
• 1 Exterior vented exhaust fan in all bathrooms
• ‘Privacy lock on all bathroom doors

BEDROOM RETREAT

• Built-in, ultra efficient closet organizers to maximize storage located in master bedroom closet*
• All other closets to receive plastic coated wire shelving
• Contemporary styled bedroom closet swing door(s) or mirrored sliders*
• Walk in closet*
• Side by side bedrooms have sound insulated walls
• Bedroom entry door(s) feature easy sliding contemporary framed glass door(s) or contemporary styled interior swing door(s) with polished chrome finish lever hardware*
• Ceiling light in bedroom area(s) and walk-in closet(s)*

PEACE-OF-MIND FEATURES

• One uniformed 24 hour, 7 day a week concierge
• Personally encoded in-suite speaker intrusion alarm and key pad with digital display, featuring suite to concierge digital display communication monitored by concierge
• Remote control access to resident underground parking garage
• Key fob access from underground parking to elevator lobby
• Key fob access to main entrance
• Electronic access control system to recreation amenities, parking garage, and other common areas
• All exterior doors from common areas and amenities monitored at concierge desk via security cameras
• Enterphone system and cameras located in lobby of main entrance complete with in-suite monitoring facility and operates with suite land line phone or mobile phone, allowing residents to view visitors through dedicated television channel
• Security cameras linked to conciergo for surveillance monitoring.
• Underground security system complete with security key device, two-way communication system from underground to concierge
• Secure, well lit and painted underground parking garage
• For added safety, the parking garage is well ventilated and protected by a fire sprinkler system
• Strategically located mirrors in the underground parking garage to assist with traffic flow
• Property management office on site

PICASSO CLUB

• Picasso – Tho Designer decorated special occasion/party room complete with catoror’s kitchen and bar. Oponing onto a spacious private terrace with bbq facilities, soothing outdoor hot tub, fireplace, cabanas and lounge chairs
• Cue Lounge – Sports lounge with billiards table and TV located adjacent to the Picasso party room
• Pulse – Dynamic Fitness room with cardio. yoga and aerobics area, offering TV viewing while you work out complete with commercial grade fitness equipment. Refresh in the tranquil dry sauna located in separate men’s and ladies change rooms complete with lockers and showers

GREEN FEATURES

Environmental issues affect the world we live in -factors such as energy and water conservation, as well as the quality of the air we breathe. Monarch takes these issues seriously. As a member of the Canada Green Building Council (CaGBC). Monarch is committed to developing a greener lifestyle in its condominiums. We have taken the lead by incorporating numerous environmental initiatives that reduce total building energy consumption, and that will play a part in providing suite owners with greener, more energy-efficient surroundings.

Features include:

• Eco-friendly green roof system, reducing urban heat-island effect
• Individual suite metering of hydro consumption. giving you more control over your energy consumption
• Individually controlled year round heating and air conditioning heat pump system will allow residents to control their suite’s energy costs
• High efficiency boilers for heating and domestic hot water will reduce energy consumption
• A car share program which is a revolution in urban transportation providing access to a car when you need it without the hassles of ownership. Car sharing improves our air quality and leads to less congestion on our roads and less noise in our surroundings.
• Energy Star* rated appliances to save on energy costs and consumption:

High efficiency dishwasher

High efficiency refrigerator

High efficiency laundry washers (excluding suites that receive the under the counter all-in-one washer/dryer combo)

• Carbon Monoxide (CO) detection system designed to minimize the operation of the exhaust fans in the parking garage, resulting in energy savings and reduced noise pollution.
• Indoor Air Quality certification for suite carpets by the Canadian Carpet Institute under the Carpet Testing Program.
• Low emission suite laminate flooring
• Low VOC (Volatile Organic Compounds) paint will ensure better indoor air quality
• Light fixtures designed to fit long lasting, energy saving lamps
• Lighting in common areas/rooms designed for energy efficiency, including motion sensors to reduce use of electricity
• Water saver low-flow showerhoads in bathtubs
• Water saver low-flow lavatory faucets
• High efficiency toilets
• Double glazed, low E (emission), insulated glass window units to retain internal warmth and lower energy usage
• Bicycle parking location to encourage alternate transportation
• Automated tri-sorter recycling collection system to sort waste and recyclables to encourage residents to participate in waste reduction.

*In applicable suites as per Vendor’s plan.

**Interior bedrooms are those bedrooms without any windows to the exterior

***One choice of colour per room from a range ol Vendor’s standard sample colour choices

Purchasers understand that the texture and smoothness of the finish on surfaces will be to industry standards. The Vendor shall have tho right to substitute other products and materials for those listed in this schedule or provided for in the plans and specifications provided that the substituted materials are ol a quality equal to, or better than, the products and materials so listed or so provided. Colours and specific linishes will depend on Vendor’s package as selected. All specifications, dimensions and materials are subject to change without notice. E.& O.E.

Tarion Warranty Corporation

All Suites protected under Tarion (formerly The Ontario New Home Warranty Program).

Special Bonus For Platinum Brokers’ Clients

1. ADVANCE RELEASE AND PRICING

2. $5,000 off* on Studio suites

$7,500 off* on 1 Bedroom suites

$10,000 off* on 1 Bed + Den suites

$12,500 off* on 2 Bedroom suites

$15,000 off* on 2 Bed + Den suites

$20,000 off* on 3 Bedroom suites

3. Assignment at $500*

*Valid on Exclusive Platinum Brokers’ Deals only

Contact 416 879-6335 for Floor Plans and Price list.

Paired Suites can be purchased as a pair or sold separately. Ask Sales Representative for more details

Deposits: $3,000 on Signing • Balance to 5% in 30 days • 5% in 180 days • 5% in 270 days • 5% in 365 days • 0% on occupancy

Parking: $45,000

HST: Included

Occupancy: December 2016

Estimated Maintenance Fee: $0.52/sq. ft., excluding heat and hydro, cable, gas for individual suites separately metered

*Premium pricing applies to views, ceiling heights and larger balcony/terrace suites*

*limited time offer & subject to availability Special offer subject to change without notice, Representations & information contained herein do not form part of any Agreement of Purchase & Sale.

 

The Carlaw Condos

The Carlaw Condos is STREETCAR’s latest and most ambitious development coming soon to Leslieville in downtown Toronto’s east end.

The Carlaw Condosis a 12-storey mid-rise Condominium building located on the north-east corner of Dundas and Carlaw in the heart of the Film District. The Carlaw Condos will offer over 300 lofts plus 21 townhomes, including studio, one, one plus den, two and two plus den bedroom lofts, ranging in size from 400 sq. ft. to over 1,000 sq. ft.  Prices will start from the low $200,000’s.

Head-turning architecture will soon invigorate the corner of Carlaw and Dundas Streets in Toronto, when Streetcar Developments introduces The Carlaw Condominiums. Sophisticated modernism sets the tone for this intimate new 12-storey residence. Innovative architecture features crisp angles, curved columns, a rooftop terrace and powerful perpendicular projections – all framing 320 lofts. The condominium will be anchored by a central courtyard that is part of a 25,000 sq. ft. indoor/outdoor event space. A rare find in a residential building, this attractive venue will be available for a multitude of functions for the neighbourhood and the community beyond.

Rethinking. Urban Living. is evident at The Carlaw Condominiums from the ground up. The ground floor will encompass one of the city’s most vibrant indoor/outdoor venues. The combined space of the inside venue and outdoor courtyard measures nearly 25,000 sq. ft. – a rare feature in a residential building. The flexible interior venue space can accommodate large open-concept events or be divided for smaller, more intimate functions. The entire facility spills out onto the courtyard and street-friendly outdoor spaces along Carlaw and Dundas.

This stunning multi-purpose space will be available for use by area residents, businesses and groups, as well as those in the greater community, to promote culture, the arts and entertainment. Inside, bold columns, polished stone floors and theatre-style lighting combine to create a celebratory environment that is as comfortable and inviting as it is striking.

Programming for this special space may include everything from art shows, festivals and fashion shows to theatre and music performances, a hotspot during Nuit Blanche, or film festival events – a major draw in this area, which is home to many film studios. Locals will enjoy easy access to the classes that will be held here, such as photography, cooking and fitness. The possibilities are truly endless. As The Carlaw Condominiums mantra goes, “This is your stage.”

One of The Carlaw Condo ’s most charming elements is the inviting outdoor courtyard at the centre of the L-shaped condominium and townhomes. This landscaped, treed area is highlighted by a reflecting pool, benches and views that carry through the glass-walled lobby and fabulous inner event space on the ground floor. An alfresco extension of this multi-purpose space, the courtyard lends itself to everything from quiet mornings reading the newspaper and enjoying a coffee under a shade tree, to serving as a spot where events held inside can expand into the outdoors.

The inner event/courtyard area can serve as a forum for corporate and community events, as well as film festivals, which is appropriate in this exciting film-oriented neighbourhood. During the spring, summer and fall, the courtyard itself may be used for a farmers’ market, performance art and just about any fair-weather gathering.

On the 11th floor, The Carlaw Condominiums’ unique rooftop oasis includes a cabana-inspired indoor lounge where the gang can chill with munchies and watch the game on the big-screen TV. Sleek, modern lines and contrasting textures create the ultimate urban atmosphere. The outdoor sundeck is literally steps away, which is perfect for entertaining friends and family in a breathtaking setting. Discover lofty living at its finest at this indoor portion of the rooftop – the ultimate social hangout in the sky.

The Carlaw Condo ‘s unique rooftop terrace and lounge spans the south elevation of the 11th level. The outdoor sun deck features contemporary loungers, barbecues and dining tables. In this perfect relaxation/entertainment spot, residents will be able to drink in the sun’s rays, flip some burgers and dine alfresco with guests, all surrounded by panoramic city views. From here, it’s an easy stroll to the indoor cabana-style area. This unique amenity space in the sky is sure to be a favourite spot for hanging out with neighbours and friends.

THE FINISHES

BUILDING

• 9 ft. high exposed concrete ceilings, except in bathrooms and areas with bulkheads
• Exposed concrete columns, as per plan
• Energy efficient windows
• Engineered hardwood† floors throughout, except in bathrooms as per plan
• Square edge baseboards throughout
• Walls and trim painted with flat low VOC white latex paint
• Solid core wood veneer entry door with privacy viewer and contemporary hardware
• Frosted glass sliding doors to interior bedrooms, as per plan
• Hollow core interior doors and closet doors, as per plan
• Single or double sliding glass doors to balcony or terrace, as per plan
• White plastic coated wire shelving in all closets, as per plan
• Laundry closet with tiled floor and brand name, front-loading Energy Star™ stacked washer and dryer
• Individually controlled heating and air conditioning with energy efficient digital thermostats
• Telephone outlet in living room, bedrooms and den, as per plan
• Cable outlet in living room, bedrooms as per plan
• Capped light box in living/dining room and den, as per plan
• Ceiling light fixture in foyer and walk-in closets, as per plan
• “All-off” electrical switch near entry door
• Balcony or terrace with one exterior light fixture, electrical outlet
• A natural gas bib per unit on terrace or balcony, as per plan

SOPHISTICATED KITCHEN

• Laminate wood veneer cabinets with high gloss accents† and metal hardware
• Under cabinet valance lighting
• Quartz or granite countertop†
• Single, stainless steel under-mount sink
• Chrome, single lever low-flow faucet
• Brand-name appliances, including: integrated refrigerator with bottom-mount freezer; stainless steel slide-in stove with ceran top, integrated hood fan; and dishwasher, as per plan

DESIGNER BATHROOMS

• Wood veneer cabinets† with metal hardware
• Quartz or granite countertop*
• Under-mount sink
• Chrome, single lever low-flow faucet
• Vanity-width mirror with integrated back lighting
• Porcelain tile† floors
• Soaker tub with acrylic apron and/or shower stall with glass wall and acrylic pan, as per plan
• Porcelain tile† full-height walls surrounding bath tub and/or shower stall, as per plan
• White one-piece toilet
• Pot light, as per plan
• 8 ft. high ceilings with exhaust fan vented to the outside

SECURITY

• 24 hrs/7 days a week security concierge
• Smoke and carbon monoxide detectors as required in each suite

† From Vendor’s standard samples

The Vendor shall have the right to substitute other products and materials for those listed in this Schedule or provided for in the plans and specifications provided that the substituted products and materials are of a quality equal to, or better than, the products and materials so listed or so provided.

1. The Purchaser acknowledges that only the items listed in this Schedule are included in the Purchase Price and that the model suite furnishings and appliances, décor and upgrades, artist renderings, scale models, improvements, mirrors, built-in cabinetry, window coverings, tracks and wall coverings, and light fixtures are not included in the Purchase Prices unless specified in this Schedule.

2. Included in the window system are solid spandrel panels as required to satisfy the requirements of the Ontario Building Code.

3. Dropped ceilings and bulkheads may occur to accommodate heating, ventilation and cooling systems, electrical and mechanical systems or to satisfy the requirements of the Ontario Building Code, which will reduce ceiling height.

4. Exposed structural concrete columns may be round or square and may be concrete or drywall (floor plans show structural columns as round but the Vendor reserves the right to change as required by construction).

5. Any exposed concrete ceilings may have variation in colour and grain, and the texture and smoothness of the finish on concrete surfaces will be to concrete forming industry standards.

6. Natural products (i.e. marble, granite, stone, wood, etc.) are subject to natural variations in shade, appearance, colour and grain from samples displayed. Porcelain tile, ceramic tile and broadloom are subject to pattern, shade and colour variations.

7. If the Unit is at a stage of construction which will enable the Vendor to permit the Purchaser to make colour and material choices from the Vendor’s standard selections, then the Purchaser shall have until the Vendor’s date designated by the Vendor (of which the Purchaser shall be given at least fifteen (15) days prior notice) to properly complete the Vendor’s colour and material selection form. If the Purchaser fails to do so within such time period, the Vendor may irrevocably exercise all of the Purchaser’s rights to colour and material selections hereunder and such selections shall be binding upon the Purchaser. No changes whatsoever shall be permitted in colours or materials so selected by the Vendor, except that the Vendor shall have the right to substitute other materials and items for those provided in this Schedule provided that such materials and items are of equal quality to or better than the materials and items set out herein.

8. The Purchaser acknowledges that there shall be no reduction in the price or credit for any standard feature listed herein which is omitted at the Purchaser’s request.

9. References to model types or model numbers refer to current manufacturer’s models. If these types or models shall change, the Vendor shall provide an equivalent model.

10. Pursuant to this Agreement or this Schedule or pursuant to a supplementary agreement or purchaser order the purchase may have requested the Vendor to construct an additional feature within the Unit which is in the nature of an optional extra (such as, by way of example only, a whirlpool tub, etc.); if, as a result of building construction or site conditions within the Unit of the Building, the Vendor is not able to construct such extra, then the Vendor may, by written notice to the Purchaser, terminate the Vendor’s obligations to construct the extra. In such event, the Vendor shall refund to the Purchaser the monies, if any, paid by the Purchaser to the Vendor in respect of such extra, without interest and in all other respects of this Agreement shall continue in full force and effect.

11. Floor and specific features will depend on the Vendor’s package as selected.

12. All dimensions, if any, are approximate.

13. All specifications and materials are subject to change without notice. E. & O. E.

Building Features

The Carlaw sets the bar for sleek urban living in Leslieville . This 12- storey residence with approximately 320 suites and a limited collection of urban towns features a ground floor Lobby with 24/7 concierge services in a modern yet inviting setting. Also featured is a cutting-edge fitness facility, 2 guest suites and a rooftop terrace with a beautiful indoor lounge and an outdoor sundeck with contemporary loungers, barbeques and dining tables for entertaining friends and family in a breathtaking setting. It is situated at Carlaw and Dundas Streets, with convenient access to 24hr TTC, the DVP and Lakeshore & Gardiner highways.

Suite Features

Engineered hardwood flooring throughout the suite except in bathrooms*. 9 ft high exposed concrete ceilings** Luxurious bathrooms with porcelain tile floors* and full-height walls surrounding bath tub and/or shower stall* ,soaker tub with acrylic apron and/or shower stall with glass wall and acrylic pan*, wood veneer cabinets with metal hardware*, quartz or granite countertops* and chrome single lever low-flow faucet. Sophisticated kitchens with wood veneer cabinets with high gloss accents and metal hardware*, under cabinet valance lighting and quartz or granite countertops*.Brand-name appliances including integrated refrigerator with bottom-mount freezer, stainless steel slide-in stove with ceran top, integrated hood fan and dishwasher*. A brand name, front-loading Energy Star stacked washer and dryer completes the in-suite laundry closet.

All prices, figures and materials are preliminary and are subject to change without notice E. & O. E. Note: All areas and stated room dimensions are approximate. Floor area measured in accordance with TarionBulletin #22. Actual living area will vary from floor area stated. Please see a Sales Representative for details. October 20, 2011

*From Vendor’s standard samples, as per plan. **Dimensions are approximate and exclude areas with bulkheads, as required to accommodate architectural, structural and mechanical or OBC conditions and bathrooms. *Please see a Sales Representative for details.

 

DNA3

 

 

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.