Tag Archives: yonge and bloor
Stellar sellers in GTA condo market
Lisa Van de Ven – National Post
Whether you’re in the market for a big-name amenity-rich condo-hotel, or an intimate boutique building with all of the finest features, Toronto’s luxury developers have something for sale. Here’s what’s on offer in the Greater Toronto Area’s luxury condominium market.
The Residences at the Ritz-Carlton, Toronto
Delayed gratification isn’t your thing? Then The Residences at the Ritz-Carlton, Toronto may be. With the condo-hotel built and occupied, and the amenities up and functioning, there’s not much you’ll have to wait for. “Anyone walking in to buy today gets the full ambience of luxury,” says Barbara Lawlor. And the building by Graywood Developments, Cadillac Fairview and Ritz-Carlton comes with all of the fixings you’d expect from a five-star hotel: There’s 24-hour concierge service, a doorman, valet parking and a spa, to name a few. “Residents can enjoy The Ritz’s legendary service in their home,” says the president of Baker Real Estate, the site’s exclusive broker. Remaining suites range from 1,512 to 6,020 square feet and from $2.1-million to $9.65-million.
One Bloor
If a building’s success starts with its location, One Bloor went in with winning odds. In Toronto, it’s hard to get better than the junction of Yonge and Bloor streets, on two subway lines, close to shopping and a jaunt from Yorkville. Developer Great Gulf created a building worthy of the site. The 75-storey Hariri Pontarini-designed glass-clad tower is now under construction. “It’s beautifully curvaceous,” says Alan Vihant, Great Gulf’s senior vice-president of high-rise. “It has these great lines, great curves, a very sensuous form.” Remaining suites range from 530 to 1,727 square feet and from $534,990 to $1,831,990.
Bisha Hotel & Residences
What exactly is “affordable luxury?” For one, it’s what Lifetime Developments and INK Entertainment were striving for at Bisha Hotel & Residences. And according to Mel Pearl, that meant smaller units and more emphasis on the lifestyle outside the suites’ walls. “We wanted people to be engaged in living beyond their condo,” says the Lifetime principal. “A great place is when the bar and the restaurant is busy.” And the condo-hotel will have a lot of public amenities to keep crowded, including a 24-hour café, a bar and lounge, a casual dining restaurant and a rooftop restaurant. Suites range from 379 to 699 square feet and from $303,900 to $532,900.
Living Shangri-La Toronto
Living Shangri-La may not have the same brand recognition in Canada as it has in Asia, but the Toronto location at University and Adelaide has certainly seen its share of success. The 66-storey condo-hotel is now 85% sold out, with occupancy underway. Buyers have come from around the world. “There’s no specific buyer group – we’ve had all types of people,” says Michael Braun, marketing manager for Westbank Corp., which developed the site with Peterson Group. “There are single people and older couples, as well some who bought a suite for their kids or someone in their family attending university in Toronto.” Suites range from 891 to 4,431 square feet and from $993,600 to $9,322,500.
133 Hazelton Residences
“It’s not really downsizing,” says Sam Mizrahi of the lifestyle he’s offering in the boutique project 133 Hazelton Residences. While many of the site’s buyers are coming from low-rise homes, they’re moving into suites that are nearly 3,000 square feet. “They’re looking at this as the next chapter in their life,” says the president and CEO of Mizrahi Developments. With only 35 units in total, the building, which started construction in July, promises an intimate environment and prime location – in fact, its Yorkville address is a big part of its draw. Remaining suites range from 1,600 to 2,400 square feet and from $1.8-million to $3.2-million.
The Perry
Bigger is not necessarily better. With just 45 units, The Perry may not have the heft of some of Toronto’s other luxury sites, but that’s exactly the point. “We’re truly designing a boutique building in terms of scale,” says Maryam Mansouri. Buyers at the intimate project will still be knee-deep in luxury, though, with a one-year membership to the concierge service Quintessentially in addition to the 24-hour onsite concierge, and a prime Avenue and Davenport location. “It has the essence of peace and tranquility, being in the Annex, yet it’s steps from Ramsden Park, Yorkville, Bloor and top-notch restaurants and shopping,” says the vice-president of site developer Mansouri Living. Suites range from 540 to 1,458 square feet and from $344,990 to more than $3-million.
Trump International Hotel & Tower, Toronto
An international brand doesn’t always mean international buyers, but for the Trump International Hotel & Tower, Toronto that’s exactly the case. About 60% of the condominium-hotel’s buyers are from outside of Canada, which still leaves enough Canadian residents to stock up on maple syrup. And with the building well into construction, those purchasers will be able to start moving in later this year, enjoying services such as onsite catering and the use of two chauffeured S-class Mercedes. “The hotel below and the five-star services are great attributes for residents and really add to their lifestyle of convenience,” says the site’s director of marketing, Howard Tikka. Remaining suites range from 1,310 to 3,273 square feet and from $2.3-million to $6.6-million.
Four Seasons Private Residences Toronto
Think of “luxury” and “Toronto” and there are a few condominium projects that immediately come to mind. For most, the Four Seasons Private Residences Toronto is on the top of that list. The condominium-hotel, first announced in July 2005, is now coming to completion. The hotel itself opens Oct. 5, while condo occupancy has been underway since September. “I know some of the other mixed-use condos have attracted more of an international buyer, but for us it’s been predominantly Canadian – a lot of Torontonians,” says Mimi Ng, vice-president of marketing with Menkes Developments, partner on the project with Lifetime Developments and Alcion Ventures. Remaining suites range from 1,200 to 2,000 square feet and from $1.8-million to $2.7-million.
77 Charles West
Why did developer Aspen Ridge Homes ask architect Yann Weymouth – one of the brains behind the iconic glass pyramid at the Louvre in Paris – to design its luxury building, 77 Charles West? “We wanted out-of-the-box thinking, and something really prominent,” explains marketing director Christene DeGasperis. The gamble paid off. With construction underway, fewer than 10 suites are left of the 52 total. And when occupancies start early next year, buyers will be able to add some design flair to their suite interiors, too. “We’re offering the services of Mike Niven Interior Design to help customize each suite,” Ms. DeGasperis says. Units start from approximately 1,500 square feet and $1,599,990.
The Britt
What was once the Sutton Place Hotel will now be The Britt, a condominium building that’s the newest project by Lanterra Developments. “It’s a project that has a lot of history to it,” says president and CEO Barry Fenton. “When you mention Sutton Place, I bet nine out of 10 people have been through or driven by, so the location is superb.” The former hotspot is being revitalized and expanded, then restyled by Alessandro Munge of Munge Leung, with inspiration straight from Britain’s boutique hotels. Suites range from 334 to 1,300 square feet and from the $300,000s to $1.2-million.
277 Davenport
Toronto’s condo market may be trending towards smaller suites, but Burnac Enterprises never got that memo: Units at Burnac’s 277 Davenport range from large to extra-large. And with just 10 of them spread over seven storeys, you can’t expect to stay a stranger long in this compact condo. “You’re going to know your neighbours,” says president Ted Burnett. Designed by Hariri Pontarini Architects, the building, just west of Avenue Road, is a contemporary mix of glass, stone and bronze. “It’s a unique New York-style building,” he says. Suites range from 1,750 to over 3,600 square feet and from $1,679,000 to $3,395,000.
181 Davenport
Can Mizrahi Developments hit the jackpot twice? They’re betting on it, with the recent release of 181 Davenport, a condominium building adjacent to their 133 Hazelton Residences project. “That block really commanded another building that was complementary to 133 Hazelton,” says president and CEO Sam Mizrahi. With 90 units, the new endeavour is slightly larger than the developer’s first luxury-living foray; buyers can also combine and customize suites. “It’s a European-style building, and offers a similar lifestyle as 133,” the developer adds. Suites range from just under 1,000 to 7,000 square feet and from $500,000 to $7-million.
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Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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Rosedale
Rosedale is likely the most prestigious and affluent neighbourhood in Toronto. The neighbourhood arose on the site of the former estate of William Botsford Jarvis. Rosedale was named by his wife, granddaughter of William Dummer Powell, for the wild roses that grew there in abundance.
Rosedale might just be Toronto’s most majestic neighbourhood. Tucked away and surrounded by two tranquil ravines, Rosedale’s meandering tree-lined streets can seduce you and make you quickly forget that the city centre is just moments away.
It is located north of downtown Toronto and is one of the city’s oldest neighbourhoods. Certainly also one of the wealthiest and most highly-priced neighbourhoods in all of Canada. It is known as the area where the Toronto’s “Old Money” lives, and is home to some of Canada’s richest and most famous citizens, including Ken Thomson who was the richest man in Canada at the time of his death.
Map of Rosedale and Neighbourhood
Rosedale’s boundaries consist of the CPR railway tracks to the north, Yonge Street to the west, Bloor Street to the south, and Bayview Avenue to the east. The neighbourhood is within the City of Toronto’s Rosedale-Moore Park neighbourhood. The neighbourhood is divided into a north and south portion by the Rosedale Valley.
Homes in Rosedale are grand and historic, full of distinguished character. Though they may not be as large as some newer estates found in more suburban Toronto area locales, Rosedale homes abound in exquisite details and traditional beauty.
Dating from as far back as the mid 1800s, Rosedale residences are mostly two and three storey detached designs, some of which feature carriage houses that are the size of a more typical single family Toronto home. An array of architectural styles can be found, including Victorian, Edwardian, Georgian, and Tudor.
Rosedale Real Estate
The occasional contemporary new house might catch your eye, but these tend to be constructed with carefully selected materials to blend in with the surroundings. Luxurious Rosedale condos and moderately priced co-ops complete the Rosedale real estate spectrum.
For the high net worth individual who keeps an office in downtown Toronto, Rosedale is a perfect residential address. The financial district just minutes away by car or subway, with multiple stations nearby. Shopping is plentiful in the fine establishments at Summerhill, at Yonge and Bloor and in the boutiques of nearby Yorkville. Delectable eateries also await along Yonge Street and in Yorkville. Rosedale is also home to Whitney Public School, a junior school with an excellent reputation for academics, arts, athletics, and community involvement.
South Rosedale was first settled by Sheriff William Jarvis and his wife, Mary, in the 1820s. Mary Jarvis, whose frequent walks and horseback rides blazed the trails for Rosedale’s meandering streets (which are one of the area’s trademarks), named Rosedale as a tribute to the abundance of wild roses that graced the hillsides of the Jarvis estate. The Jarvis Family sold the Rosedale homestead in 1864, which led to the residential development of the area soon after.
Rosedale is built among three ravines, preserved as parkland. Rosedale has convoluted routes through the neighbourhood and other physical boundaries, and thus it has low levels of vehicular traffic. Even though Rosedale is located in the middle of Toronto, virtually no vehicular traffic can be heard due to the abundance of trees and foliage that surround the community. The homes are mostly single family detached dwellings.
Chorley Park circa 1930
A noteworthy piece of Rosedale’s History, is that is was home to Ontario’s fourth Government House. The house was called Chorley Park, and it was built for the Lieutenant Governor in 1915. Truly one of the most elegant and massive homes ever on Toronto, it was a criminal shame when it was demolished in 1960 by the city of Toronto to save money. It is now a public park of the same name.
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Contact the Jeffrey Team for more information – 416−388−1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
—————————————————————————————————–
Incoming search terms
What’s up with One Bloor?
After one highly publicized false start, the big dirt pit on the southeast corner of Yonge and Bloor is finally in the process of being transformed into a 70-storey condo tower/shopping complex. Here’s a look at what to expect.
Jacob Rutka – The Grid
Back when it was set to be Canada’s tallest condo building, much was written about the proposed structure on southeast the corner of Yonge and Bloor. Media attention focused on the $25 million penthouse suite, the prestigious address, and the fact that over a hundred people lined up on several cold November nights in 2007 to stake out property in the building. (Some were reportedly paid upwards of $2,000 to do so.)
However, if late-2007 marked the pinnacle of excitement surrounding 1 Bloor St. E., the financial crash of 2008 triggered its downfall. According to reports, Kazak-based developer Bazis International ran into trouble when their banker, Lehman Brothers, teetered towards the brink of bankruptcy. Unceremoniously, the vacant lot was purchased by Great Gulf Homes in September 2009 and plans for the site were put on hold.
In late-March 2010, without the level of excitement that surrounded the property in its earlier incarnation, Great Gulf unveiled its new plan for a 65-storey structure called One Bloor. Regardless, according to Great Gulf’s executive vice-president of sales and marketing Bruce Freeman, public reception has been favourable. “The building has been designed specifically as a prestigious landmark at the corner of Yonge and Bloor, and so far we have about 90% of it sold,” he says.
In mid-July of this year, construction once again began at the One Bloor site. Freeman says that, if things go smoothly, the project should be finished in three years’ time. Here’s a look at what to expect from the building.
- Boasting a sleek, fluid design, the condo will now reach 70 storeys (instead of the original 65), with three floors—a reported 100,000 sq. ft.—of proposed retail on the lower levels. Though Freeman could not confirm any specific companies vying for retail space, previous reports have suggested that Apple Canada may be interested in opening a store at One Bloor.
- Designed by Toronto-based architectural firm Hariri Pontarini, also responsible for the Schulich School of Business and the forthcoming Shangri-La Toronto. According to architect David Pontarini, One Bloor is described as a “contemporary high rise with the aesthetic and purity of modernism.”
- The property will now house 732 condo units, ranging in size from 530 sq. ft. to 1,727 sq. ft., and from $511,990 to $1.7 million.
- The penthouse may be as large as 8,000 sq. ft.
- Award winning design firm Cecconi Simone is responsible for the building’s interior design.
- Amenities abound: 27,000 sq. ft. of spa/resort-inspired interior amenities located on the sixth and seventh floors, including indoor pools, cold and hot tubs, ice fountains, a billiards room, bar, lounge, fitness room and yoga studio, plus a 19,000 sq. ft. outdoor space with a series of pools.
- On-site 24/7 concierge and underground parking will be available.
- Direct access to Yonge and Bloor subway lines.
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Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
———————————————————————————————————————
Incoming search terms
Related posts:
- One Bloor finally breaks ground The One Bloor condo project at the intersection of Yonge...
- Toronto Condo Profile: One Bloor Bazis’ new 1 Bloor destined to become international signature for Toronto...
- One Bloor will be a bold, futuristic building The original 1 Bloor had 80 storeys and 801 suites,...
- One Bloor — Toronto One Bloor will include 690 suites and a proposed 100,000...
- One Bloor East reveals T.O.‘s unquenchable thirst for condos One Bloor East stands—or, rather, just lies there, for the...
