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Riverside Square

Riverside Square

Streetcar recently announced our ambitious new project called Riverside Square, which will help continue the the evolution of this east-side neighbourhood stretching along Queen St. E from the Don Valley Parkway to Degrassi St.

The Toronto Star featured the condo project in a recent article by Ryan Starr called “Looking to mend the neighbourhood fabric.”

Streetcar Founder and President Les Mallins, speaks about this rapidly changing area and our dynamic, new mixed-use community. Here’s what you should know now:

  • Riverside Square is a master-planned community comprised of four buildings, stepping down to mid-rise conditions along Queen, with nearly 900 residential units
  • A mixed used development that will bring retailers, a major grocer, a daycare, restaurants and cafes to The Square.
  • Condos will feature modern finishes and functional layouts ranging from one-bedroom units to three-bedroom suites, launch pricing starting at $239,900
  • Amenities will include a Fitness Centre, Party Room, Concierge, Guest Suites; the second phase will bring a Rooftop Terrace with Swimming Pool.

We’re excited to announce more details in the coming months! If you’d like to read more about Riverside Square, check out The Star’s article here.

http://www.thestar.com/life/homes/2014/09/12/looking_to_mend_the_neighbourhood_fabric.html

Register today to stay in the know and to receive priority access for our upcoming launch event riversidesquare.ca

Tweet us @STREETCARlofts with the hashtag #thesquare

mondecondos_rendering

Monde Condominiums

Watch for construction to start soon at Monde, Great Gulf’s incredibly successful and beautiful condominium at Queen’s Quay and Lower Sherbourne in downtown Toronto. The response has been wonderful, with savvy purchasers of all ages snapping up suites. With choices ranging from 1- to 3.5-bedroom designs and prices beginning from the low-$300,000s, there is literally something for everyone who would like to own a new home in one of the city’s last remaining waterfront properties.

And oh, what a condominium this will be! The team of world-renowned Moshe Safdie of Safdie Architects and award-winning Quadrangle Architects has come up with a stunning exterior design crafted from both clear and white glass, with balconies that form an intricate pattern going up the building. It is sure to become an icon on the Toronto skyline. The design team is rounded out by Janet Rosenberg and Studio for the landscaping and Cecconi Simone for the interiors.

Monde will have a park right outside its entrance, and is adjacent to the magnificent Sherbourne Common Park. Amenities on the 10th floor will span the gamut from fitness facilities to entertaining spaces and a landscaped outdoor lounge with indoor/outdoor fireplace, cabanas and a mesmerizing infinity pool. The views will be positively breathtaking.

All of this can be yours close to Toronto’s Financial District and the trendy Distillery District. Find out more at www.MondeCondominiums.com.

Recently in the media, I read that a condominium community in the SoHo district of New York City is charging $1 million for a parking spot. Imagine that! The 10 underground spots cost $5,000 to $6,666 per square foot, which is more per square foot than the three-bedroom apartments above. Those suites will cost in the $8-to-$10 million range, or approximately $3,100 per square foot.

This brought to mind what I have said many times – Toronto is a world-class city, and condominiums here are a bargain by global standards. For a million dollars in our city, you can get a gorgeous, spacious suite in a prestigious area that includes a parking spot in the price.

In 2014 alone, our City received numerous high rankings in international surveys. KPMG ranked Toronto as the world’s most tax-competitive city; the Intelligent Community Forum named Toronto the 2014 Intelligent Community of the Year; Grosvenor Group ranked us the world’s most resilient city; and the Youthful Cities Index voted Toronto the most youthful of 25 cities around the world – to name but a few.

Toronto is home to spectacular cultural, entertainment, shopping, sports and arts-related venues, and our quality of life is the envy of people in other countries. In the midst of all of this, no one has to pay $1 million for a parking spot!

Love Condominiums

Love Condominiums

Things are hopping at Gemterra Development Corporation’s LOVE Condominiums, where homeowners are moving into the first phase. Watch for the second phase to be released soon at this successful Scarborough community ideally situated near Kennedy and Sheppard, adjacent to the Tam O’Shanter Golf Course and the Agincourt Mall. LOVE has been warmly received by the buying public because of its location and the fact that owners can live minutes from downtown Toronto without paying downtown prices.

The condominium offers luxurious amenities beginning with concierge service provided from the stunning lobby. Common areas include a swimming pool with whirlpool, fitness centre, party room with a fireside lounge, billiards room and rounding out the opportunities for socializing, two fabulous outdoor spots. On the ground floor, the Courtyard Lounge will have dining tables and barbecues, and the Rooftop Garden Terrace will feature seating and tables in lushly landscaped surroundings. What glorious urban oases these will offer after a hectic work day! And you can own a well-appointed suite in the midst of it all.

Stop by the LOVE Presentation Centre is at 3573 Sheppard Avenue East (southwest corner Sheppard and Birchmount, call 416-491-LOVE (5683) or visit www.lovecondominiums.com.

E Condos

E Condos

Bazis Inc.’s fabulously successful E Condos is now under construction. If you drive past Yonge and Eglinton, you will see that the hording is up on the northeast corner, and some of the existing retail shops on the property are being removed. All of this is in preparation for the exciting residence and changes to come at this significant intersection.

Suite owners will have direct underground access to RioCan’s Yonge Eglinton Centre across the street, which is undergoing an extensive renovation and expansion of its retail spaces and office towers. Residents of E Condos will also be right next to the new light rail transit system, making it a commuter’s dream. Once all of the construction at these four corners is complete, midtown Toronto will have as much appeal as midtown Manhattan!

The design for E Condos features a gorgeous black, white, grey and bold red glass exterior. The brainchild of renowned Rosario Varacalli, the architecture is stunning. Interiors are by prominent designer Mike Niven, so you know everything will be exceptional.

Owners will have some of the most intriguing amenities in Toronto, including a cantilevered glass-enclosed pool extending out from the 31st level to offer panoramic city views. A gorgeous party room, indoor and outdoor lounges, an international gourmet kitchen, formal dining room and tremendous fitness facilities round out the picture. At ground level, a public piazza with retail venues adds convenience.

You will still find a great selection of suites available with luxurious standards including Mike Niven-designed kitchen and bathroom cabinetry and pre-engineered flooring. Now is the time to become part of this iconic corner. Visit the Presentation Centre at 2300 Yonge Street or www.econdos.ca.

Link Condos + Towns Exterior

Link Condos + Towns Exterior

Towns Gym

Towns Gym

In the burgeoning City of Burlington, ADI Development Group offers The Link Condos + Towns, and at Baker Real Estate Incorporated, we are extremely excited to be preparing for the launch of Phase 2 at this popular community. The first phase has been hugely successful for many reasons. The condominium market in Burlington is relatively new, and obviously, there is pent-up demand for carefree living in the area. The condominium is attracting buyers from a variety of backgrounds, all of whom are delighted to have this kind of residential option in the city they love.

Party Room

Party Room

Situated at Dundas Street and Sutton Drive, The Link is “linked” to Bronte Creek Provincial Park and boasts the beautiful Bronte Creek as part of its setting. RAW Design is the architect for this beautifully modern condominium in a one-of-a-kind location. The Link offers luxury through and through. A well-appointed two-storey amenity centre will house party room, kitchen, lounge, dining room, fitness facilities, pools, sauna and terrace.

Sales are brisk, so if you would like to be part of this incredible condominium community, act now. The Presentation Centre is located at 5210 Dundas Street West. For more information, visit www.adidevelopments.com.

A recent media report has pointed out that optimism about Canada’s real estate market is stronger than it has been in over six years. Bloomberg, the trusted site for business and financial market news, conducted a poll in collaboration with Nanos Research Group and discovered that the number of Canadians predicting higher home prices over the next six months rose to 47 per cent – 10 percentage points higher than April, and the highest since the survey was initiated in 2008. Apparently, Canadians are rejecting the idea of the market slowdown some experts predicted.

The Canadian Real Estate Association reported that across Canada, home prices rose 8.1 per cent during the first five months of this year. If this consumer confidence continues, we may see them climb higher. Buyers are interested in capital gains, and they are taking advantage of historically low mortgage interest rates. In 2012, we saw a temporary slowdown when the government tightened the rules for borrowing, but the market quickly recovered. When you consider stocks, Canadian lenders have proven among the best performers in the world, and they hold more than $1 trillion worth of mortgages. Within that context, over the past year, Canada’s six largest banks have ranked among the top-10 stock performers of banks across North America.

The message is clear: owning a home in Canada is still one of the best investments people can make in their financial portfolios.

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