Archive for the ‘New Condo Developments’ Category

Do you wish that you could fly
Into the sky
So very high
Just like a dragonfly?

Above the trees
Over the seas in all degrees
To anywhere you please?

Well, if you own a unit at Bisha, you may very well get to “flllllllllllllllllly awaaaaaaaaaaaaaaay”… figuratively speaking! Lifetime Developments and Ink Entertainment have partnered up with Kravitz Design Inc. led by musical rock god Lenny Kravitz, to design a floor at the Hotel and Residence!

According to the press release:

This bespoke environment will be inspired by the music, art and travels of Lenny Kravitz and will be the first project for Kravitz Design Inc. in Canada!

Rising 41-storeys above Toronto’s Entertainment District, BISHA is the realization of Charles Khabouth, CEO of Ink Entertainment, and Sam Herzog and Mel Pearl, Principals of Lifetime Developments. BISHA is the first location for an entirely new standard of elegant private residences and boutique hotel environment, bringing together the very best in design, cuisine, and music to culturally-saavy, urban trendsetters.

“The goal with the Kravitz curated floor – as with the entire development – is to create a stimulating and exciting place for people to live and visit. Our intention with BISHA is to grow this brand internationally and collaborating with Kravitz Design Inc. once again demonstrates that we are dedicated to bringing the right team together to deliver on this commitment,” says Mel Pearl, principal of Lifetime Developments. Read the rest of this entry »

Ho Ho Ho! Santa Savel is here, spreading Christmas cheer to alllllllll my loyal readers… I have the perfect stocking stuffer for the pre construction investor in your life.  Everyone and anyone with even the slightest bit of interest in buying a brand new condo, absolutely needs to read Brain Persauds latest book: Investing in Condominiums – Strategies, Tips, and Expert Advice for the Canadian Real Estate Investor!

The book shows readers the ins and out of profitable condo investing by sticking to investing fundamentals, carrying out proper due diligence, and having an exit plan. Investing in Condominiums gives Canadian investors the nuts and bolts of undertaking such an investment based on real-life examples and expert knowledge.

I picked up my very own copy of the book last week, and am already half way through it!!! What I particularly like about it is that it draws on Canadian scenarios and even uses local, Toronto examples to explain it’s lessons.  Brian went in the trenches and interviewed the “who’s who” in Canadian real estate – from developers, lawyers, designers, financiers and even Realtors (myself included on pages 8, 79 and 87).

I’ve said it a million times over that the pre-construction game is soooo different than resale.  Prior to this book, there was no single place to reference when questions arose.  Brian, a preconstruction investor himself, shares his expertise in a way that’s very easy to understand no matter what your real estate experience is! Kudo’s to him and everyone involved in making this book a reality!

One lucky reader will get an autographed copy of the book during my Christmas Pre-Construction Contest!  The rules are simple: From Monday December 5th, 2011 to Friday December 23, 2011 I ask that anyone (living in Toronto or the surrounding GTA) leave a comment below with their FAVOURITE pre-constuciton condo in the City.  On the 23rd I will pick a winner at random and send them over their very own copy of Investing in Condominiums!

Happy Holidays and good luck!

Last night I had the privilege of joining a small group of Lanterra’s top selling Realtors for an intimate cocktail at the beautiful One Bedford! The companies two founders, Mark Mandelbaum and Barry Fenton hosted the party kept the laughs coming all night!

Of course, it wasn’t all fun and games… as we sat in a gorgeous 9th floor suite, overlooking the downtown skyline – Barry shared Lanterra’s plans for it’s 2012 condo launches!  The companies latest project to launch is also their newest acquired property: The converstion of the Sutton Place Hotel at 955 Bay Street!  Their timing couldn’t have been any better as hotel was just bought last Friday!

The crowd went wild to hear that Lanterra would be bringing another project to the Bay St. corridor… but the launches didn’t stop there!  Lanterra is no stranger to the Bay St. Area as they’ve already built the two Murano Towers on the East side of Bay St, followed by Burano on the West. In 2012 they’re venturing to the other side of Grosvenor St and planning to launch 501 Yonge St (at Alexander St)!  The project will be made up of 2 towers similar to Murano.  The current application calls for two 58 storey towers containing 960 units and a shared 7 story podium!

Both 3018 Yonge St. and the Treviso Condos sold very well in 2011!  3018 has only 19 units left and Treviso Phase 2 is still moving along quickly!  At Treviso we should see equipment and demolition crews on sight very shortly!

Receive a special cash discount for a limited time on all purchases in phase 1 and 2!  As part of Treviso’s VIP Realtor group I can exclusively offer my clients this promotion PLUS a N’Espresso coffee machine at closing!

Read the rest of this entry »

I just cannot say enough good things about Rise Condos at Bathurst and St. Clair!  The location, the look, and the price all rank high on my scorecard.  It’s very rare that you can find a preconstruction condo in the same range of price per square foot as nearby resale condos…oh and having a subway line, streetcar route and massive grocery stores directly across the street doesn’t hurt either!

The developers and architects were very logical in the design of the building. The tower will rise up directly on the corner. This will allow for clear views in all directions. I especially like that the tower is set back just far enough to clear the large rental building that sits south of the project on Vaughan Rd… sunsets to the west will be heavenly!

… and it gets even better on the inside!  I had the opportunity to preview the sales centre and wanted to share a few pics of what the finishes will one day look like!  The R.05 unit has been rebuilt as the model unit.  The layout features 865 square feet with a large wrap around balcony.  It faces south east and will give residents some of the best views of the downtown skyline! Read the rest of this entry »

Here’s a quick little update and special promotion for remaining suites at 3018 Yonge St… For a limited time purchasers can buy with only 10% down!  The first 5% is due with in 30 days, with another 5% due in 120.  As with most pre construction projects a total of 20% is due, but at 3018 Yonge St. that final 10% isn’t needed until occupancy starts.

Similar to Treviso, 3018 sold the bulk of their units much faster than any one could have predicted.  The building is currently 90% sold with construction starting in Spring 2012!

I’d you’d like to purchase at 3018, please fill out the form below:

The River City Phase 2 development launched a few weeks back with great reception by the broker community!  I’ve said it before and i’ll say it a million time more…there is massive potential for this part of town with all the different levels of government pumping money into it’s revitalization! The parks, both Underpass and Don River are just the start of the area amenities being built.  The Pan-Am Games of 2015 is also bringing along a variety of local infrastructure that will help connect this part of town with the rest of the City.  These changes are going to pay off by making the area both a great place to invest and live!

For those looking for place with a bit more space comes the River City Lofthouses!  They range in size from 984 sq.ft. to 1328 sq.ft. and are two storeys tall. Each unit also comes with a large terrace…or in this case, veranda at the front of the unit.  Check out the floorplans below: Read the rest of this entry »

Have you ever walked into a model suite and wanted like EVERYTHING on display?!? I sure have… and now you can!

Peter Street Condominiums is over 90% sold and only weeks away from demolition of the buildings on-site, including their beautiful Presentation Centre that was designed by internationally renowned L.A. Inc. and Cecconi Simone. They will be holding a silent auction over the next few weeks for all of the Presentation Centre’s incredible furniture, fixtures, electronics, appliances and decorative pieces. All money raised from this silent auction will be going directly to breast cancer research initiatives at the Mount Sinai Hospital and the Princess Margaret Hospital.

 Check out a few of the photos below of the Presentation Centre and model suite:

If you are interested in participating in the silent auction, please visit the Presentation Centre located at 338 Adelaide Street W (corner of Peter and Adelaide) before December 1, 2011 where you will be able to leave a silent auction bid for the following items:

• Model suite furniture
• Model suite appliances
• Sales centre furniture
• Lighting fixtures
• Touchscreen LCD TVs (42″)
• LCD TVs (42″)
• Laptops
• Personal Computers
• Audio/Visual equipment
• Decorative Pieces
• Artwork

The Presentation Centre is open Monday to Thursday from 12PM to 6PM and Saturday/Sunday from 12PM to 5PM. If you have any questions, please e-mail or call the Presentation Centre at the coordinates below:

info@peterstreet.ca
416.987.8765