Monday, May 14, 2012

Recent Condo Sales: Uptown Residences (Downtown)

This week, we'll head downtown to Toronto's Bay Street Corridor to explore recent condo sales at Uptown Residences, located at 35 Balmuto Street by Pemberton Group.

Builder's rendering of the striking Uptown Residences

This high-rise condo was completed late last year and is conveniently located near Bay and Bloor streets, with quick foot access to both Bay and Yonge subway stations.

The building offers its residents a wide range of amenities including 24-hour concierge, fitness centre, party room and virtual golf, among others.

In the past 90 days, eight units were reported sold at Uptown Residences, from $385,000 for a 1-BR unit of just under 500 sq ft to $700,000 for a 2-BR suite of just over 950 sq ft.

In this time, 31 units were also reported leased, averaging around $1,725 for a 1-BR unit under 600 sq ft to $9,200 for a 2-BR suite of 2,500 sq ft.

For more information on condos at Uptown Residences in Toronto's Bay Street Corridor, please click here.

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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. 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.