The new class of condos set to take over Yorkville is unique in the quest to make condos as – if not more – aspirational than detached homes. They want addresses on Bloor Street, Yorkville Avenue, Cumberland Street, Avenue Road and surrounding areas to carry the same weight as addresses in Forest Hill or even The Bridle Path. One of the most ambitious and buzzed-about projects is 85-storey The One Residences, which will be the second-tallest building in Canada (behind the CN Tower) when completed in 2021. Currently on offer are units from 1,100 square feet to 6,300 square feet ...
The quest to make Yorkville condos more aspirational than detached homes
May 18, 2018Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo News Toronto News Toronto Real Estate News
Toronto Condos Dominate the 2017 Luxury Market
January 30, 2018Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Toronto Condos Toronto Condo Buyers Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
The performance of Toronto's top-tier condominium market eclipsed that of other major Canadian markets in both sales volume and percentage gains in 2017. Sales of $1-million-plus condominiums were up 59% year-over-year within the region, with luxury sales over $4 million up 91% over the previous year. Toronto condo sales in the $4 million-plus range rose 82% and those in the $1-million-plus category were up 35% year over year. Condos provide "the accordion advantage" — party rooms that allow residents to host large dinner parties and, guest suites that mean occupants don't need to carry extra bedrooms as part of their home. It gives you the ability ...
Toronto Condo Builders are Catering to Increasingly Sophisticated Buyers
December 8, 2016Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Market News Toronto Condo News
Judging by the numbers, there’s no shortage of buyers for luxury properties in Toronto. Suites in Toronto’s Yorkville neighbourhood have skyrocketed from $800 per square foot a few years ago to close to $2,000 per square foot today. Luxury resales and rentals are hot commodities. RE/MAX reveals that sales of condo suites priced over $2 million rose 42% in Toronto compared with the same period in 2015, driven mainly by demand from downsizers and the limited inventory of single-family homes. Urbanation reports almost 1,000 units renting for more than $3,000 per month so far this year — 17% higher than for all of ...
VIP Broker Condo Pricing in Yorkville - Avenue 151
December 1, 2016Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings Toronto Condo News
Located on the border of the Yorkville and the Annex neighbourhood, with Rosedale just a few blocks away, 151 Avenue Road offers an incredible central location. Avenue Road at Davenport is an enclave with a personality all its own. Surprisingly quiet and unpretentious, this little pocket of upper Yorkville is a favourite with urbanites who don’t want the hectic pace and noise of living a few blocks to the south. This exclusive residence favours quality over quantity. Every square inch of the 72-unit structure has been thought out, with carefully-considered details ranging from the organic waves of the curvaceous exterior ...
Distinction Condos - VIP Broker Sales
May 30, 2016First-Time Buyers Investing in Real Estate Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings VIP Broker Events
The Distinction Condos is a great new project located at Yonge and Eglinton. Lash Group of Companies is developing this brand new project in Midtown Toronto. Sitting a few blocks west of Mount Pleasant Road and just one block south of Eglinton, this is the place a discerning few will soon call home. Distinction Condos looks out over quiet residential streets and is just a five-minute walk from the thriving corners of Yonge and Eglinton. A short stroll from Distinction Condos takes you to all the stores, restaurants and convenient transit options this neighbourhood offers. The Distinction Condos is 19 storeys, with ...
Strong Condo Sales and Price Growth in Q1
April 23, 2016Downtown Toronto Condos First-Time Buyers Midtown Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Lofts Toronto Real Estate News
The Toronto Real Estate Board reported 5,974 condominium apartment sales for the first quarter of 2016 – an increase of 21.2% compared to the first quarter of 2015. Approximately 70% (4,131 sales) of first quarter 2016 transactions occurred in the City of Toronto. The same annual rate of growth was not experienced for new listings. There were 11,112 new condominium apartment listings in the first quarter – down 1.7% compared to the same period in 2015. "It is clear that the demand for condominium apartments more than kept up with the supply of listings in the first quarter of this year. This housing type is ...
150 Redpath Goes All-In On Amenities
March 13, 2016Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings
150 Redpath is going to be 38 storey building, where developers Freed and Capital Developments are piling on the amenities to cater to busy urbanites with an appetite for non-stop activity. Public areas will be spread out across two floors, and include a 24-hour diner to serve customers everywhere from its public patio to a private rooftop terrace. The amenity package is really built for a 24/7 lifestyle, no matter what time of day, there’s something to do for residents. There will be an on-site, 24-hour diner with room service, as well as service to the outdoor infinity pool and cabana area, which is ...
10 Most Expensive One Bedroom Condos in Toronto
October 19, 2015Downtown Toronto Condos Luxury Condos Midtown Toronto Condos Toronto Condo Information Toronto Condo News
The 10 most expensive one bedroom condos in Toronto are located in the downtown core, spread among Yorkville, The Annex, and the Bay Street corridor. No. 10 There are two one-bedroom condos tied for the number 10 spot, with a price tag of $849,000. One unit, at 38 Avenue Rd comes with access to a gym, sauna, and party room, while the unit itself has a walk-in bathroom and nine-foot ceilings. Meanwhile, the apartment at 326 Carlaw Ave includes a private 270-square-foot rooftop terrace and 20-foot ceilings. Maintenance fees are $535. No.9 Look at the pale grey ...
The Radical Re-Imagining of Yonge Street
September 26, 2015Investing in Real Estate Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto News Toronto Real Estate News
"Toronto’s main street is in the midst of the most remarkable transformation in its history, with more than 20,000 condos that will house more than 30,000 people — the population of Orillia — under construction or in the planning stages. And that’s just in a seven-kilometre stretch from Lake Ontario to the hotbed of midtown condo construction at Yonge St. and Eglinton Ave. And there are thousands more units yet to come or planned for the areas immediately east and west of Yonge. City planners, politicians and business improvement groups are all grappling with the explosive changes coming — the need ...
More Toronto Residents Are Starting Families In Condo Towers
July 19, 2015Downtown Toronto Condos Midtown Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo News Toronto News Toronto Real Estate News
"Strollers aren’t just a common site in the suburbs where single-family houses abound. A growing amount of Toronto residents aren’t buying into the backyard-and-bungalow lifestyle that’s far away from the city centre. In fact, a number of the city’s most vertical neighbourhoods – the Waterfront, the Bay Street Corridor, Willowdale West – are seeing a baby boom. It’s no secret that the waterfront and neighbourhooods along the Yonge-University subway line are seeing a significant population increase as more people move into the new condos. The Waterfront Communities – The Island, an area of Toronto that includes the Entertainment District, St ...