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Toronto Loft Conversions

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Modern Toronto Lofts

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Unique Toronto Homes

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Condos in Toronto

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Toronto Real Estate

Toronto Real Estate

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Tag Archives: residential areas

A room with a view

The condos at Exhibit Residences will offer a bird’s eye view of the ROM

Lindsay Forsey, National Post

Nothing is guaranteed in life, especially if you’re talking about the view from your condo in a city developing at the pace Toronto is. One minute, it’s skyline galore, the next, you’re watching your neighbour do the downward dog on his Nintendo Wii.

There are pockets in the city, though, where the landscape is unlikely to change. The hub of Avenue Road and Bloor Street, for example, sits at the northern edge of the University of Toronto and Queen’s Park — spaces practically guaranteed to stay gorgeous, green and wide open.

That’s good news for buyers at many new condos being built in the neighbourhood. “We have everlasting views,” says Veronika Belovich, director of sales and marketing for Bazis International, the developer behind Exhibit Residences (, located on Bloor at Avenue Road. “Exhibit views to the north overlook low-rise residential areas. To the south, you see Philosopher’s Walk on the U of T campus, Queen’s Park and the Royal Ontario Museum.”

Architect Roy Varacalli designed Exhibit to complement the ROM’s stand-out steel-and-glass Michael Lee-Chin Crystal. Exhibit’s four cubes veiled in fretted glass will stack one on top of the other at skewed rotations, like a sophisticated, artful interpretation of a toddler’s toy blocks. “The building will fit beautifully within the context of the Bloor streetscape, which is becoming more modern and urban,” Ms. Belovich says.

The 32-storey condo will have about 200 suites ranging from 650 to more than 2,000 square feet. Prices range from $500,000 to more than $3-million and construction will begin in fall 2011.

Residents at U Condominiums, by Pemberton Developments, will enjoy those same everlasting views. Located on Bay Street, south of Bloor, and designed by Peter Clewes of Architects Alliance, the project includes two glass towers and 19 townhomes, with an acre of green space winding through the property.

“We have preserved areas to the south and west of U Condos, so nothing will be built there,” says Marianne Paroczai, broker for Circle M Realty, which is handling U sales. “We’ve had a lot of international investment and a wide range of buyers. Everyone from the nomadic exec looking for a pied-à-terre to young couples to families with kids.”

U’s first tower is 95% sold and will be completed in June 2012, while the second tower is 90% sold and set for June 2013 completion. Suites range from 325 to 1,477 sq. ft., priced from the mid-$200,000s to more than $1-million.

“This neighbourhood has always been popular, but there’s a great influx of new development here now, and that’s been very appealing to a lot of people,” Ms. Paroczai says.

Other developments in the area are also attracting attention. On Avenue Road north of Bloor, Pears on the Avenue by Menkes is 50% sold. The 20-storey condo designed by Page and Steele IBI Architects will house about 150 suites ranging from 525 to 1,974 sq. ft.

“Pears sits on the crest of Avenue and Davenport Road, so there are amazing city views to the south, and to the north we overlook Forest Hill,” says Mimi Ng, Menkes vice-president of marketing. “We’re right in the middle of two fantastic neighbourhoods. The Annex has a bohemian, casual feel, and then there’s the glitz and glamour of Yorkville.”

Suites are priced from the high $300,000s to $2.5-million and, so far, there’s a large local contingent of Pears buyers. “A lot of area residents are shifting from their homes into condos and they don’t want to leave the neighbourhood. They want to keep going to the same flower shop and grocery store and restaurants,” Ms. Ng says. Young professionals and move-ups are buying at Pears as well.

Approximately 12,000 sq. ft. of retail space at the base of the building will add to the buzz of the growing area. “New development and new residents will keep this community vibrant and bring fresh energy to an already great neighbourhood,” Ms. Ng says.

Construction at Pears starts this summer, with projected completion for June 2013.

One block east of Pears, The Florian by Diamante has also been popular with area residents looking to transition from large homes. The Hariri Pontarini-designed project was constructed with extra large bays that allowed for combination suites and tons of customization.

“Several of our clients have combined suites to create spaces up to 4,000 sq. ft.,” says Florian sales manager Gina DiLorenzo. “When you’re working with people who are moving from spacious homes, you have to give them that flexibility. It’s like a custom-built home within a condominium.”

Each floor in the 25-storey building has a maximum of four suites, all with two exposures, viewed through floor-to-ceiling windows. The 100-suite project is 75% sold, with remaining units ranging from 1,500 to 5,000 sq. ft., starting from $1.25-million.

The Florian is situated on an angle to maximize the views from every suite. “In the west, there’s almost no high-rise construction. You can see all the way to Casa Loma from the seventh floor,” Ms. DiLorenzo says. Occupancy at The Florian is scheduled for spring 2012.

Local empty-nesters (and a few international buyers) make up most of the future residents of Museum House — an exclusive 27-suite project located on Bloor at Avenue Road. The condo’s 17 residential floors consist of half- and full-floor units that sit above two floors of retail space.

“Museum House is a true boutique building,” says Caitlin Moon, vice-president of development for Yorkville Corp., the project’s developer. “This is a very intimate project. The larger developments in the area are beautiful, but they offer a different lifestyle. Museum House will be very private.” (The building’s footprint wasn’t big enough for a ramp to underground parking, so there’s a car elevator instead.)

Another design by Page and Steele IBI, Museum House will be clad in limestone, metal and glass. Four suites are still for sale, plus the two-storey penthouse occupying the 18th and 19th floors. A cool $12.8-million will snag the lucky buyer 5,618 sq. ft. of indoor living space, plus another 1,152-sq. ft. spread out over four terraces with panoramic views.

“We have forever views; that’s one of the things that makes us stand out,” Ms. Moon says. Museum House overlooks the Annex to the north and the ROM, Queen’s Park and U of T to the south. If you’re looking for a room with a view that’ll last, these ones will be ready for occupancy in fall 2011.

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.