King Edward Private Residences: #1 Most Viewed Project on LiveHigh.com!

The King Edward Private Residences (affectionately known as the King Eddy) kicked off the launch of their new condo project last night in the Vanity Ballroom of the legendary King Edward Hotel, which first opened its doors in 1903.

Three floors of what was formerly commercial space will soon be converted into new private condo residences at this renowned address on 37 King St. E., just west of Victoria St.

Celebrating a new era at this famed residence, the party paid homage to the magical era of the past when the Beatles stayed at this Toronto landmark.  Retro refreshments were served while guests were treated to live music from a Beatles tribute band.  John Lennon, Yoko Ono and Marilyn Monroe even made appearances!

The King Eddy is pegged to be one of the most exciting projects this year.  "With its highly recognizable name, this residence is steeped in history and is a true iconic address," says John Poole, VP Ontario Brokerage and Broker of Record for Sotheby's International Realty Canada.

Details have yet to be released, but broker previews for this highly anticipated project begin this week.  Contact your Realtor for your opportunity to own a piece of this luxurious landmark today!

"Personal Spaces" Photography Exhibition at Daniels' OnePark West

With over 10,000 condo photos shared through LiveHigh.com (and counting!), it's pretty safe to say that the LiveHigh Team loves photography. If you share the same passion, you'll be interested to know that Daniels Corporation’s OnePark West Boutique Condominiums and Townhomes Presentation Centre in Regent Park will be the location for “Personal Spaces” – a unique photography exhibition which is part of CONTACT. The event will be on from now until June 15.

 

This annual month-long festival of photography encompasses the work of over 1,000 artists at more than 200 venues across the GTA. Orchestrated by Regent Park’s own ArtHeart Community Organization, ‘Personal Spaces’ helps to foster an appreciation for the arts and celebrate the profession of photography.

The Presentation Centre is located at 500 Dundas Street East, on the north side of Dundas, just east of Parliament.

For more information, please visit the CONTACT and OnePark West websites, or call 416-955-0559.

Hints & Tips: Buying A Unit In A Pre-Construction Condo Project

With such high demand for pre-construction condo projects, the LiveHigh Team recently interviewed some buyers who have purchased units in pre-construction condo projects - both for principal residence and investment - to gain some insight into their experiences.

Benefits buyers sought from a pre-construction project:

• Appeal of moving into a brand new, never-been-lived-in home 
• For investors, renters’ preference to move into brand new unit 
• Coverage of major deficiencies under the Tarion 1-year warranty 
• Longer length of time allowed for saving of down payment 
• Potential for suite customization 
• Potential for capital appreciation

Of the buyers interviewed, all agreed that overall, their pre-construction purchase was a pleasant or well-managed experience, though they provided some tips that other buyers may find helpful:

Condo Moving Tips

With the spring market upon us, many buyers, sellers and renters are preparing for a move. While moving day can be very exciting, it can also bring with it a lot of stress. Here are some tips that will better prepare you for moving day and help to make the transition a little easier.

Before Moving Day

• When looking for a mover, inquire about potential surcharges for moving heavier items such as larger TVs and pianos, or whether you’ll be charged for movers’ traveling time and/or lunch breaks. Movers are typically paid by the hour, so budget with a buffer of about 1-2 hours and don’t forget to include tips!

• If having immediate access to internet, television or a landline is important, call to schedule an appointment with your service provider(s) ahead of time to ensure that the required services will be set up when you want, as it can sometimes take a few days to secure an appointment.

• Consider setting aside any unwanted tarps, rags or flattened boxes to cover flooring or walls and minimize damage during the move.  Ensure that anything laid down on the floor is not slippery to avoid accidents and injuries (or potential lawsuits!)