Toronto Loft Conversions

Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Unique Toronto Homes

More than just lofts, I can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Tag Archives: one cole

Firt-time buyers: Mondo condo

Lisa Van de Ven, National Post

It’s for those who want to be in the middle of everything.

First-time buyers who want to live in the city’s central downtown district may have to be prepared to pay slightly higher price points, depending on how close to the core they want to be. For these urban buyers, though, it’s worth it to be surrounded by the clubs and restaurants they want to visit, as well as shops and even work sometimes. They don’t want to waste their time commuting, but instead to have everything they need just outside of their front doors.

Developer Empire Communities, for one, has been seeing just those buyers at its 24-storey FLY Condominiums site at Front Street West and Spadina Avenue. The building has been successful with the first-time crowd, who like what the location has to offer.

“The location is second to none, it’s fantastic,” says Christine Brennan, Empire’s director of sales and marketing high-rise. “There’s accessibility to transportation, which is key. All of the amenities, great shops and the entertainment district are close by. It puts people literally steps from everything that the city has to offer.”

Empire offers condos specific to the first-timer, with one-bedroom and one-bedroom-plus-den units available, starting at 568 square feet and $239,900. “A lot of downtowners are looking for really great value,” Ms. Brennan says.

Those urban buyers also want to be close to their favourite things, which in the case of ICE Condominiums, located at York Street and Bremner Boulevard, means being close to the sporting teams they love. The project, by Lanterra Developments and Cadillac Fairview Development Corp., is steps from the Air Canada Centre and the Rogers Centre. Condos start at 402 sq. ft. and from the $280,000s. “We can’t imagine a better location than ICE,” says Mark Mandelbaum, chairman of Lanterra.

Though some buyers prefer food over sports. In that case, there’s Aspen Ridge’s VU, which is close to St. Lawrence Market. Construction is underway at the site, located east of downtown at Adelaide and Jarvis, with occupancy beginning in fall, 2009. One-bedroom units start at 750 sq. ft. and are priced from the mid-$300,000s. “I think they see the value of living in a great area,” says Jason Attard, vice-president of sales and marketing with Aspen Ridge. “And with interest rates being so low, it makes the decision a lot easier, especially with a project that you can move into now.”

Also in the east downtown corridor, The Daniels Corp. is offering the ability to move in quickly too, at its One Cole Condominiums site at Dundas and Parliament streets. The project is almost complete, with prices starting in the $180,000s. It has proven appealing to many a long-term renter making the move to owning for the first time, says Martin Blake, vice-president with Daniels. A gradual deposit payment plan has helped, allowing buyers to put down $3,000 to start, followed by monthly amounts of $1,000. “For a renter trying to become that first-time buyer, it’s a lot easier to afford a gradual payment plan versus coming up with 5% all at once,” Mr. Blake says.

The Pemberton Group is another first-time-friendly developer. Its new U Condominiums at Bay and Bloor feature “urban design suites” that boast four layouts of 325 to 680 sq. ft., and start at $217,000; two of the models even come furnished. First-time buyers like the 10-foot ceilings, says Marianne Paroczai, as well as finishes that include Corian countertops and pre-finished engineered wood flooring, “Usually a first-time buyer is in a situation where they have to compromise something, and I think what’s unique here is they don’t have to compromise antyhing,” says Ms. Paroczai, broker with Circle M Realty Corp., which represents U.

Finally, on the other end of downtown, Monarch’s Quay West at Tip Top offers something else entirely: lake views. The site is located at Lake Shore Boulevard and Stadium Road and has been attractive to first-timers who like living near water. The site is under construction, but first-time buyer units are available, including studio, one-bedroom and one-bedroom-plus-den designs starting from the low $200,000s and sized from 593 sq. ft. “It’s the best value for waterfront living,” says Mirella Sarrapochiello, manager of sales and marketing for Monarch Corp.’s high-rise division.

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Contact Laurin Jeffrey for more information  –  416-388-1960

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