Condo Sales: The Ritz-Carlton Hotel & Condo Residences (Downtown Toronto)

Ever wonder how much it'd cost to buy or rent in one of Toronto's more prestigious condo buildings like the The Ritz-Carlton Hotel and Condominium Residences?

Join us as we head downtown for a closer look to see what it might cost to live in the lap of the Ritz-Carlton's luxury today.

Located at 183 Wellington Street West, this celebrated high-rise tower provides its residents with a five-star lifestyle.  Access to luxurious amenities like spa services, in-residence dining and housekeeping services - in addition to 24-hour concierge, doorman and valet services, fitness centre, Sky Lobby and other incredible conveniences - distinguishes The Ritz-Carlton as a world-class residence.

Want to purchase your very own piece of luxury in the sky?  Units in this building are rare and coveted -- in the past three months, you would've paid just over $1M for a 1-BR, 2-bath suite of about 1,400 sq ft to about $1.675M for a 2-BR, 3-bath suite of about 1,900 sq ft.

Looking for something a little more temporary?  In this time, you might have also leased your lap of luxury, with monthly rents ranging from $4,750 for a 1-BR, 2-bath unit of about 1,675 sq ft to $9,000 for a 2-BR, 3-bath unit of about 2,280 sq ft.

For more information on the Ritz-Carlton Condominium Residences, please click here.  To find other GTA condos developed by the builder, Graywood Developments, click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Cooking: Quick & Simple Recipes for the Condo Lifestyle

With the holidays just around the corner, there's bound to be plenty of occasion to entertain.  So, what better time to promote our new Condo Cooking feature?  Twice a month, we'll feature a new recipe from a local Top Chef.

Our first recipe comes courtesy of Christopher Palik, Executive Chef of Paese Restaurant:

Roasted Golden Beet Salad with Arugula and Goat Cheese 

This festive salad is reminiscent of a holiday wreath and holly leaves

Reminiscent of a holiday wreath and holly leaves, this festive-looking dish is sure to please your party guests.  Though it looks (and tastes!) incredibly sophisticated, the recipe is quick to prepare and simple enough for even the most amateur of chefs. 

Want to know how to make it?  Click here for the full recipe.

Condo Sales: Renaissance Condos (Richmond Hill)

This week, we're taking a closer look at Renaissance Condominiums, located at 10101 Yonge Street in the heart of historic Richmond Hill.

This boutique low-rise building by Tridel houses only 104 residences that feature access to a fitness gymnasium, Scandinavian steam rooms, an elegant ballroom and a landscaped terrace.  Residents also enjoy walking access to local shops, restaurants, banks and public transportation.

In the past three months, three units were reported sold in Renaissance Condos, from $395,000 for a 2-BR unit to $495,000 for a 2+Den suite.

In this time, one unit was also reported leased in this building at a monthly rate of $2,050 for a 2+Den suite.

For more information on Renaissance Condos, please click here.  To find other Tridel condos in the GTA, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: King's Court (Downtown Toronto)

This week, we're taking a closer look at King's Court Condominiums in downtown Toronto's Moss Park community near King St and Sherbourne St.

Located at 230 King Street East, this iconic high-rise by Camrost-Felcorp is built atop the historical Imperial Bank of Canada facade.  The building offers its residents a range of convenient building amenities including 24/7 concierge, fitness centre, party room, guest suites, rooftop garden and visitor parking.

In the past three months, nine units were reported sold in King's Court, from $248,000 for a Studio/Bachelor style unit to $369,900 for a 1+Den+Solarium suite.

In this time, four units were also reported leased in this building.  Rents ranged from $1,300/mo for a Studio/Bachelor unit to $2,000 for a 2+Den suite.

For more information on King's Court condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: London on the Esplanade (Downtown Toronto)

This week, we're heading downtown to Toronto's charming St Lawrence Market for a closer look at London on the Esplanade by Cityzen.

Located at 38 The Esplanade and 1 Scott St, this high-rise condo development offers its residents a range of convenient building amenities including a rooftop swimming pool, fitness centre and party room, to name a few.

In the past three months, nine units were reported sold in London on the Esplanade's two towers, from $235,500 for a Studio/Bachelor style unit to $557,500 for a 2+Den suite.

In this time, 11 units were also reported leased in this building.  Rents ranged from $1,500/mo for a 1-BR unit to $2,450 for a 2+Den suite.

For more information on London on the Esplanade condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Recent Condo Sales: Mona Lisa Residences (North York)

This week, we're heading to Yonge and Finch in North York for a closer look at Mona Lisa Residences by Great Lands Corporation.

Located at 18 Holmes Ave, this condo development also includes stacked townhomes at 21 and 31 Olive Ave.  Residents of the Mona Lisa enjoy 24/7 concierge as well as access to the daVinci Club & Spa - a two-storey recreational complex that includes indoor pools, a fitness centre and media room, among other convenient facilities.

In the past three months, 14 units were reported sold in Mona Lisa's high-rise tower, from $284,500 for a 1-BR unit to $419,000 for a 2+Den suite.

In this time, 12 units were also reported leased in this building.  For an unfurnished suite, rents ranged from $1,300/mo for a 1-BR to $1,800 for a 2+Den, while furnished 1+Den suites rented for $2,000/mo to $2,500/mo.

For more information on Mona Lisa Residences, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Living...with a Baby?

When one thinks of condo living, a certain image typically comes to mind: a carefree, secure and convenient lifestyle for students, young professionals, or retirees.

For many, the thought of babies and young children is often furthest from the mind.

But why is this?  With so many advantages to condo living, it's mind-boggling that don't hear more about the pros of condo living with a baby.
 

We recently talked to some new mamas and papas to find out why they've opted for condo living, and what they love about this lifestyle as new parents.

 

Here are just some of the (often overlooked) benefits:

 

• Low maintenance.  Not only is exterior work to windows and common areas such as hallways, walkways, garage and other amenities taken care of for you, but living areas are typically smaller and often one-storey -- that means less housework and more quality time with your little one.

• Easy diaper disposal.  Convenient garbage chutes and unlimited waste disposal means that you can get rid of smelly packages as often as you need, on your schedule -- not the city's.  As such, you may even eliminate the need for a diaper genie!

• Effortless travel.  With the luxury of elevators and underground garages, you can go from door-to-door in a snap!  The option of transporting baby via stroller will spare you from the back-breaking pain of having to lug a heavy car seat or carrier, while an indoor garage will save you and your bambino from harsh weather conditions.

• On-site fitness facilities.  New mamas who are looking to get back into shape post-pregnancy will find that in-house gyms, swimming pools - perhaps even tennis courts, indoor tracks and more - can mean quick and convenient workouts (that is, when they can find a spare block of time!)

• Convenient on-foot access to neighbourhood amenities.  If you're lucky enough to have direct mall access from your condo - e.g. to Empress Walk from The Pinnacle or to Fairview Mall from Emerald City - you can bring your baby on an errand run or leisurely stroll with ease (and without having to worry about the weather!)  Even without direct mall access, many condos today are situated within walking distance of amenities such as banks, shops and restaurants, eliminating the need to get in and out of a vehicle.

• Condos have outdoor spaces, too.  While some house-dwellers will harp on the fact that condos aren't conducive to backyard siestas, condos do offer plenty of options for those seeking fresh air.  Apart from private balconies and terraces, many condos offer some type of outdoor space such as roof gardens or outdoor terraces.  In addition, many condo buildings are situated within short walking distance to local parks and public green spaces.

• Affordable living in the city.  Need we say more?  With the continual climb of real estate prices, condo units are a relatively affordable option in general, and more particularly for those who aren't ready for suburbia.  For parents with offices in the city, this can also mean less commute time and more family time.

Of course, every coin has two sides and we realize that condo living with a baby may have its drawbacks for some.  We just think this is a pretty swell list of pros!  Perhaps these factors will help to tip the scale towards condo living for new parents?

Condo Sales: Merci Condos (North York)

This week, we're heading to North York's upscale Bayview Village community (near Bayview and Sheppard) for a closer look at Merci Condos by Daniels Group.

 

Located at 601 Sheppard Avenue East, residents of this low-rise condo are only a quick walk away from Bayview Village shopping centre, the YMCA and subway access via Bayview Station.  Close proximity to Hwy 401 and other major commute arteries also means ease of access to all parts of the GTA.  Building amenities include a fitness centre, party room and cinema.

In the past four months, one unit was reported sold at Merci: a 1-BR suite sold for $315,000.

In this time, four units were also reported leased in this building, from $1,400/mo for a 1-BR unit to $1,575 for a 1+Den suite.

For more information on Merci Condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Park Lake Residences (Toronto)

This week, we're heading to Toronto's west end for a closer look at Park Lake Residences by Pemberton Group.

 

Located at 1900 Lake Shore Boulevard West, Park Lake condo residents enjoy waterfront living close to downtown Toronto and Bloor West Village, just steps from High Park.  Building amenities include 24-hour concierge, a fitness centre and party room.

In the past 60 days, eleven units were reported sold at Park Lake, ranging from $270,000 for a 1-BR unit to $480,000 for a 2-BR suite.

In this time, seven units were also reported leased in this building, from $1,400/mo for a 1-BR unit to $1,950 for a 2+Den suite.

For more information on condos at Park Lake Residences, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Corktown District Condos (Downtown)

52 Sumach

This week, we're taking a closer look at Corktown condos by Streetcar Developments and Dundee Realty, located at 52 Sumach, 549 King St E and 569 King St E in the ever-growing King East / Corktown District community.

569 King St E

549 King St E

Conveniently located near the DVP and Gardiner Expressway, residents of these loft-style buildings enjoy quick access to commute arteries leading to all parts of the GTA.  Local shops, restaurants and other amenities can be found within walking distance.  Shared communal space is coming soon to the new building at 510 King St E, to feature a state-of-the-art entertainment system, lounge areas and fitness centre.

Under construction: 510 King St E

In the past 60 days, six units were reported sold at Corktown, ranging from $253,000 to $399,000 for 1-BR suites.

In this time, one unit was also reported leased in this building, at $1,200/mo for a 1-BR unit.

For more information on Corktown condominiums, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Pearl Condominiums (North York)

This week, we're taking a closer look at Conservatory Group's Pearl Condominiums, located in North York's popular Yonge and Shppard community.  

Conveniently located near Highway 401 as well as shops, restaurants, banks and more, Pearl Condominiums also offers its residents a range of in-house amenities, including a fitness centre, swimming pool, theatre and concierge.

In the past 30 days, 15 units were reported sold at Pearl Condominiums, ranging from $319,000 for a 1-BR unit to $529,800 for a 2+Den suite.

In this time, 7 units were also reported leased in this building, ranging from $1,500/mo for a 1-BR unit to $2,300/mo for a 3-BR suite.

For more information on Conservatory Group's Pearl Condominiums, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales at X Condos (Downtown)

This week, we're taking a closer look at Great Gulf Homes' X Condos, located near Jarvis and Bloor in downtown Toronto's Church-Yonge corridor.

One of the most acclaimed condos since its completion, X Condos offers its residents an entire floor of incredible amenities, including a state-of-the-art fitness centre, media lounge, party room and a spectacular roof garden that boasts an outdoor swimming pool, hot tub, BBQ stations and fireplace.

In the past 60 days, 8 units were reported sold at X Condos, ranging from $343,800 for a 1-BR unit to $890,000 for a 2+Den suite.

In this time, 4 units were also reported leased in this building, ranging from $1,800/mo for a 1-BR unit to $2,800/mo for a 2-BR suite.

For more information on Great Gulf Homes's X Condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Liberty Towers LVT (Liberty Village)

This week, we're taking a closer look at CanAlfa's Liberty Towers LVT, located in downtown Toronto's popular Liberty Village community.

Located within walking distance to banks, 24-hour Metro grocery store as well as hip shops, boutiques and restaurants along King and Queen St W, this recently-built development is perfect for young professionals who lead a busy lifestyle.  The building itself offers its residents a host of convenient amenities including a fitness centre, indoor pool, media and party rooms, car wash, guest suites and rooftop terrace.

In the past 60 days, 11 units were reported sold at Liberty Towers LVT, from $341,000 for a 1-BR unit to $554,000 for a 2+Den suite.

In this time, 4 units were also reported leased in this building, ranging from $1,750/mo for a 1-BR townhome to $2,400/mo for a 2+Den suite.

For more information on CanAlfa's Liberty Towers LVT condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales at Legacy at Heron's Hill (North York)

This week, we're taking a closer look at Monarch's Legacy at Heron's Hill, located near Sheppard Avenue E. and the DVP/404 in North York.

This recently built high-rise condo development offers residents a host of convenient amenities including a fully-equipped gym, party room, theatre, car wash, guest suites and a free shuttle service to Don Mills subway station at nearby Fairview Mall.

In the past 60 days, 11 units were reported sold at Legacy at Heron's Hill, from $213,000 for a 1-BR unit to $350,000 for a 2-BR suite.

In this time, 23 units were also reported leased in this building, ranging from $1,200/mo for a 1-BR unit to $1,850/mo for a 2-BR suite.

For more information on Monarch's Legacy condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Yorkville Plaza VIP Preview Event at The Four Seasons Hotel

We recently attended Camrost-Felcorp's VIP Preview Event for The New Residences of Yorkville Plaza, coming soon to the legendary Four Seasons Hotel in Toronto's prestigious Yorkville.

This iconic address - host to many high-profile movers and shakers throughout the past few decades - will soon be revamped into distinguished pied-a-terres and residences.

During the Preview, seven different models were available, each named after first-class international cities such as Paris, Shanghai and of course, Toronto.  At this time, suites ranged in size from 370 sq ft studio-style units to 1,015 sq ft 2-BR units.  Prices started from $344,900, including lockers, while parking was available to purchasers of larger suites for an additional $73,500.

If you're interested in Yorkville Plaza, you can find out more by clicking here.

Daniels Treats Cinema Tower Purchasers with a Feast for the Senses

While the festivities are now over, we're still reveling in our memories of TIFF 2011.  One of our fonder memories belongs to Daniels' recent Red Carpet Gala which kicked off the week's festivities for purchasers of Cinema Tower.

This classic Hollywood-themed event was definitely a feast for the senses!

Attendees were greeted in true "celebrity" style as they pulled up to the valet parking where, of course, droves of paparazzi were waiting with cameras.  As with real stars, these cameras continued to follow guests down the iconic red carpet to the quintessential press backdrop.

Once the VIP guest list was cleared (check!) guests were then welcomed into the lively party with non-stop food and drink, including delicious hors d'oeuvres and even custom-created signature beverages that were served at the open bar.  A classic concession stand offered candy bars, popcorn and other confectioneries, while a live DJ spun the latest music.

It was great to see future residents and investors of Cinema Tower condos mingling happily in anticipation of the main event: an incredible live pyrotechnic performance by three aerialists suspended from one of the site's actual construction cranes.

Oh, and as if that weren't enough, purchasers were also treated to free tickets to an exclusive film screening at Roy Thompson Hall.

One word:  Wow.

If there's one thing we know for sure, it's that Daniels knows how to treat their clients.  This is one builder that clearly lives up to their tagline:  Love where you live.

Thanks so much for having us.  It was a complete blast and we can't wait to watch the progress on Cinema Tower!  

For more information on Daniels' Cinema Tower condos, click here.  Follow the jump for more photos from the event.

Condo Sales: Avonshire by Tridel (North York)

This week, we're heading to North York for a closer look at Avonshire by Tridel, situated in the popular Yonge and Sheppard neighbourhood.

This recently built high-rise condo development offers residents 24-hour concierge, a state-of-the-art fitness centre, aquatic centre and theatre, among other convenient on-site amenities.

In the past 30 days, 10 units were reported sold at Avonshire, from $335,000 for a 1+Den unit to $574,000 for a 2+Den suite.

In this time, 12 units were also reported leased in this building, ranging from $1,480/mo for a 1+Den suite to $2,600/mo for a 2+Den unit.

For more information on Tridel's Avonshire condos, please click here.

 
If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: The Verdale (Downtown Markham)

This week, we're heading uptown for a closer look at The Verdale by Remington Group, situated in the popular downtown Markham near Warden and Hwy 7.

This low-rise condo development offers residents 24-hour concierge, state-of-the-art fitness centre, indoor pool, virtual golf and entertainment lounge, among other convenient on-site amenities.

In the past 60 days, two units were reported sold at The Verdale, from $260,000 to $273,800 for 1-BR suites.

In this time, 23 units were also reported leased in this building, ranging from $1,100/mo for a Studio suite to $1,720/mo for a 2+Den unit.

For more information on The Verdale, please click here.

 
If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Celebrating the launch of Vaughan's EXPO City!

Hundreds gathered on Wednesday to celebrate the launch of Vaughan's EXPO City, a community by Cortel Group, and the first residential development of a 300-hectare transformation in Vaughan.

The new master planned community will include an expansion of the TTC's Spadina line up to Highway 7, adding six new stops to link Vaughan residents to downtown Toronto.

Set for completion in 2014, the first EXPO tower will be a 37-storey building with suites ranging from 527 sq. ft. to 2088 sq. ft. and priced from the mid-$200,000's to over $1M.

Click here to find out more about the EXPO project.

Condo Sales: mintoSkyy (East York)

This week, we're heading to East York for a closer look at mintoSkyy, situated at the top of the Don Valley escarpment, where Pottery Road meets Broadview Avenue.

Completed last year by Minto, this high-rise tower and its urban townhomes offer residents 24-hour concierge, state-of-the-art fitness centre, entertainment lounge and BBQ terrace, among other convenient on-site amenities.

In the past 90 days, three units were reported sold at mintoSkyy, from $337,000 for a 1-BR unit to $465,000 for a 2-BR suite.

In this time, six units were also reported leased in this building, ranging from $1,340/mo for a 1-BR suite to $2,200/mo for a 2+Den unit.

For more information on mintoSkyy, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Maple Leaf Square (Downtown Toronto)

This week, we're heading downtown for a closer look at The Residences of Maple Leaf Square near York St and Bremner Blvd.

Completed last year by Lanterra Developments and Cadillac Fairview, the twin towers of Maple Leaf Square offer residents easy indoor access to the TTC, Union Station and the PATH system, as well as a variety of shopping and dining facilities, all just an elevator ride away.  Building amenities include 24-hour concierge, fitness centre, indoor and outdoor pools, party room, movie theatre and business centre.

In the past 30 days, nine units were reported sold at Maple Leaf Square, from $349,900 for a 1+Den unit to $685,000 for a 2+Den suite.

In this time, 13 units were also reported leased in this building, ranging from $1,300/mo for a Studio/Bachelor suite to $2,600/mo for a 2+Den unit.

For more information on The Residences of Maple Leaf Square, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: 500 Sherbourne (Toronto Downtown)

This week, we're heading downtown for a closer look at 500 Sherbourne (a.k.a. The 500 Condos + Lofts), a high-rise tower near Bloor/Sherbourne.

Completed last fall by Times Group, this popular building offers its residents a range of facilities, including 24-hour concierge, a fully-equipped fitness centre and rooftop terrace with BBQ station.  Its proximity to both Sherbourne and Wellesley subway stations makes this a convenient choice for public transit commuters.

In the past 90 days, 19 units were reported sold at 500 Sherbourne, from $324,500 for a 1+Den unit to $687,160 for a 2-BR loft of approximately 1,360 sq ft.

In this time, three units were also reported leased in this building, ranging from $1,550/mo for a 1+Den to $2,000/mo for a 2-BR unit.

For more information on 500 Sherbourne, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Printing Factory Lofts (Downtown Toronto)

This week, we're heading downtown for a closer look at Printing Factory Lofts, a 9-storey low-rise condo building located in the heart of Leslieville's South Riverdale neighbourhood, near Queen and Carlaw.

Built by Beaverbrook Homes, this original loft conversion is the perfect example of old-meets-new, offering its residents the old-world charm of a historic building along with fresh, modern finishes.  Building amenities include a concierge, party room and visitor parking.

In the past 90 days, 7 units sold at Printing Factory Lofts, from $311,000 for a 1-BR loft of approximately 594 sq ft to $585,000 for a 2-BR loft of approximately 1,273 sq ft.

In this time, two units also leased in this building, ranging from $1,275 to $1,400/mo for a 1-BR unit.


For more information on Printing Factory Lofts, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Selling Your Condo While on Vacation?

Ever wondered whether it was possible to close a condo sale if you weren't physically here?  We recently came across the answer in this little gem by lawyer (and one of our favourite guest bloggers) Cesia Green.

In her post, she talks about the use of a Power of Attorney and how it can be helpful in your home sale in the event that something unexpected arises, and you aren't able to be here in person for the closing.

We think it's worth a read!

You can also view Cesia's previous posts on closing costs for sellers, closing costs for buyers and considerations for non-resident buyers and sellers.

Condo Sales: Chicago Residences (North York)

This week, we're heading uptown for a closer look at market values in North York's Chicago Residences by Menkes, located near Yonge and Finch.

Located at 35 Finch Avenue East, this condo was designed in the tradition of grand hotel inspired luxury.  This building offers its residents a range of amenities including a concierge, fitness centre and outdoor pool.

Situated near banks, grocery stores, restaurants, shops, schools and parks, residents of Chicago Residences have convenient access to neighbourhood amenities.  The building's close proximity to Finch subway station and major commute arteries also allows for ease of commute.

In the past 90 days, six units sold at Chicago, from about $344,000 for a 1+Den unit to $435,000 for a 2+Den suite.

In the same period, three units were leased, from $1,300 for a 1-BR unit to $1,550 for a 2-BR suite.

For more information on Chicago Residences, please click here.  To view other condo projects by Menkes, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Decorating Dilemmas in Rental Units

When it comes to condo rental units, one commonly asked question is whether a tenant can decorate the unit: what can and cannot be done.

If you're a landlord and you have concerns about your tenant making aesthetic changes in your rental unit, this can be addressed by writing specific limitations into the lease agreement.

Typical considerations may include:

• whether the mounting of televisions, artwork or other items is allowed in the unit, and how such changes should be dealt with when the tenant vacates (e.g. must be returned to its original state);
  
• whether the painting of walls is allowed in the unit, and how such changes should be dealt with when the tenant vacates (e.g. must be returned to its original colour);
  
• for furnished units, whether furniture can be moved around or removed from the unit.

Remember, it doesn't hurt to protect your interests but it's wise to be reasonable and fair in doing so.  Step into your tenant's shoes for a moment and ask yourself what your expectations would be if you were in their position.  You'd likely want to make your new home feel just that way - like your home, right?   Keep that in mind when negotiating the terms of your contract; you don't want to risk losing a good potential tenant over what may be a minor issue that can easily be addressed!

Condo Sales: Bayview Place (Richmond Hill)

This week, we're heading north to Richmond Hill for a closer look at Bayview Place condos, near Bayview and Hwy 7.

Located at 8501 Bayview Avenue, this condo is conveniently located near major commute arteries, as well as banks, grocery stores, restaurants, shops, schools and parks.  The building offers its residents a wide range of amenities including a fitness centre, outdoor pool, tennis/squash courts and guest suites.

In the past 60 days, six units sold at Bayview Place, from about $235,000 to $325,000 for 2+Den suites of approximately 1,200 to 1,400 sq ft.

For more information on Bayview Place condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Living: Downsized Space, Upsized Self-Awareness?

Moving from a house into a condo has its perks, but the transition can mean a culture shock for many.  Ellen Alban, a recent condo convert, shares her account with us as she begins to experience the condo lifestyle and adjust to some of its quirks!

By Ellen Alban

The first day I moved into my new condo my life as I had known it changed dramatically.

In my former home I could be cranky, loud, and generally obnoxious and no one would know anything about my ornery moods. I could dress as I pleased in any old thing and no one would see, hear, or care about my appearance. 

On the other hand, in my new condo I discover that my threadbare pink bathrobe and my faded pink mules would not be suitable for taking out my puppy at 7:00 in the morning. Wearing this ancient get-up I must pass the concierge desk and often scare the wits out of them. 

But alas, other issues must be considered. How would my aforementioned morning attire be received by those perfectly pressed and polished people in the elevator with me at that hour? I must smile and say good morning, even though my high voltage bed-head and no makeup are a noticeable source of shock for my fellow riders, I must not be self-conscious. I must still say good morning and hope that they are too tired to notice too much about me. I do run a grave risk of being reported to the powers that be, the building manager. The charge—reckless and inappropriate clothing, thus a major violation of condo corp. 2276487’s rules and regulations, which state clearly the following: it is not permitted to enter any public area without suitable makeup, hair and fashionable attire. Does this apply to men as well? Must they too look sharp for the elevator ride to G at 7:00 am? I certainly hope so. Does this also mean that my appearance on a normal bad hair day is grounds for a stern reminder about building protocol? Can I use Halloween as my raison d’etre for my imperfections in October? 

In order to resolve the situation a meeting must be called. The board of directors and the rules committee have too much to do. 

In the meantime, a full-length coat, huge dark glasses, a wide brim sunhat and my laundry white Nike runners might be my temporary solution. I hope it works!!

Ellen Alban is a former high school teacher of English and French who in retirement is still teaching. She leads physical fitness classes, teaches an adult creative writing class, and plays bridge and Mah Jong. She does all this in spite of the fact that she has been living with Parkinsons Disease for 16 years. Her first book of poetry is published and her second book, a group of short stories about cottage life, is ready to be published shortly. Ellen is an optimistic, humorous writer who good naturedly pokes fun at herself, often hearing from her readers  that the very same events happened to them as well. Ellen has been married to her husband Henry for forty one years. They have two adult children.

Condo Sales at The Lexington

This week, we're heading to Toronto's prime College Park neighbourhood for a closer look at The Lexington condos, near Yonge and Carlton streets.

Completed about 30 years ago, this classic building offers its residents an impressive range of amenities including a fitness centre, indoor pool, squash courts and indoor running track.

In the past 60 days, three units sold at The Lexington, from about $465,000 to $480,000 for 2-BR suites of approximately 1,200 to 1,300 sq ft.

In this time, four units also leased in this building, ranging from $1,700/mo for a 1+Den unit to $2,400/mo for a 2+Den suite.

For more information on The Lexington condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Non-Resident Condo Buyers & Sellers

By Cesia Green

As discussed in our previous post on closing costs for condo buyers, purchasing or selling a condo involves a number of costs above the actual purchase price, such as property tax and condo fee adjustments, legal fees and disbursements, and Land Transfer Tax and document registrations.

If you are not a Canadian resident, there are also some additional concerns.

Warning: tax law ahead.

Canada has tax treaties with many other countries, so that taxes are only paid once.  However, in order to ensure that taxes are properly paid, the Income Tax Act provides that non-residents must surrender a portion of non-business income, as well as a portion of the proceeds on the sale of any capital property (unless the non-resident obtains a tax clearance certificate before selling the property), in order to cover potential tax liabilities.

As a non-resident condo buyer, there would be no additional initial cost to purchase simply because of being non-resident, although there are higher minimum down payments required.  However, if you are buying the condo as an investment, and intend to rent it out, you will have tax withheld on an ongoing basis on the rental income.

As a non-resident condo seller, you would have to set aside enough of the sale proceeds to cover the capital gains tax. You could need to set aside as much as 25% of the sale proceeds for withholding tax; obtaining a clearance certificate can take as much as four months.

There are no bars to non-residents purchasing property in Ontario, but you would be wise to speak to both a lawyer and an accountant before buying in order to be sure that it is the right investment for you, and well in advance of selling to ensure that you can get your sale proceeds promptly.

Cesia Green is a partner at Wall-Armstrong & Green (www.wall-arm.ca) in Barrie, where she practices in the areas of residential real estate, estate planning and estate administration for clients in Barrie and the Greater Toronto Area. You can read the real/estate blog at www.wallarmstrong.wordpress.com or follow Cesia at twitter.com/cesiagreen.

Shopping for a Condo: The Latest Trend

For many, one of the biggest drawbacks to buying a condo 'blueprint' is the inability to really picture what your unit might actually look like, once built.  This is particularly true for new construction first-timers.

3D Condo Explorer now offers a solution to this problem, bringing Virtual Reality Technology (VRT) to the sales offices of new home builders.  The company provides custom‑built, touch‑driven technology to the sales floor, allowing for 3D simulation and exploration of new projects.

Rather than relying on their imagination, potential buyers now have access to a virtual walkthrough showcasing everything from interior finishes, available unit upgrades, or views of units in different seasons and times of the day.  Buyers can also interact with Google for panoramic views of the surrounding area and neighbourhood amenities.

We love this concept!  Could this be the next trend in condo shopping?  It certainly sounds like it'll make purchasing decisions that much easier for new home buyers.

3D Condo Explorer was founded in 2010 by CEO Alexander Neshmonin, who has an extensive 25+ years of IT experience.  Times Group, developer of condo projects such as Uptown Markham and 500 Sherbourne, is the first to use this technology for their new Eden Park II project.

Interested in giving this awesome new technology a test-drive?  Visit the Eden Park II sales office for a demo today!

For more photos taken from the Eden Park II sales centre, please follow the jump.

Great Gulf Breaks Ground at One Bloor

Last Friday, Great Gulf Homes celebrated the groundbreaking of One Bloor, the flagship condominium residence situated at the crossroads of Yonge and Bloor. Occupancy is slated for December 2014. The project, now 85 percent sold, will rise to 70 storeys in height with a total of 732 suites.

For those interested in this project, available Tower Suites range in size from 530 to 1,727 sq ft, priced from $511,990 to over $1.7 million. Two-Storey City Suites ranging in size from 1,059 to 1,659 sq ft are also available, priced from $688,990 to over $1.1 million. Suite layouts include one-bedroom, one-bedroom + den, two-bedroom and two-bedroom + den designs. Maintenance Fees are estimated at $0.50 per sq ft with hydro metered separately.

Click here for a more detailed update of the One Bloor project.

Follow the jump for pictures from the groundbreaking event.

Condo Sales at Platinum XO

This week, we're heading to North York for a closer look at Platinum XO, a 36-storey condo tower near Yonge and Sheppard.

Completed in late 2008 by Conservatory Group, this building offers its residents a wide range of amenities, including concierge, fitness centre, indoor pool, bowling, and a party room.

In the past 60 days, 11 units sold at Platinum XO, from $355,000 for a 1+Den unit to $510,000 for a 2-BR suite.

In this time, five units also leased in this building, ranging from $1,425/mo for a 1-BR unit to $2,295/mo for a 2+Den suite.

For more information on Platinum XO condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales at Success Tower (Pinnacle Condos)

This week, we're heading west for a closer look at Success Tower, the third phase of the popular Pinnacle condo development in downtown Toronto.

Completed in September 2009 by Pinnacle International, this condo on Harbour St at the foot of Bay.  The building offers its residents a wide variety of amenities ideal for those who lead an active lifestyle, including a 70' indoor swimming pool, tennis, squash and racquetball courts, putting green, running track, fitness centre and yoga room.

In the past 30 days, three units sold at Success Tower, from $349,000 for a 1+Den unit to $445,000 for a 2+Den suite.  These properties spent an average of 24 days on the market.

In this time, six units also leased in this building, ranging from $1,425/mo for a 1-BR unit to $2,295/mo for a 2+Den suite.

For more information on Success Tower condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.