Bayside

Thu, Aug 19, 2010 No Comments

Waterfront Toronto unveiled plans to build a massive $800 million neighbourhood Thursday. Developers have dubbed the new neighbourhood Bayside, which will stretch along the water from Sherbourne St. to Parliament St. Waterfront Toronto chose Hines, an American development company based in Houston, to build the project from a field of four finalists.

John Campbell, president of Waterfront Toronto, detailed the size of the project.

“The proposal to revitalize Bayside is the largest single development project undertaken to date by Waterfront Toronto,” Campbell said of the area that will cover about 10 football fields.

Plans include 1,700 condominiums, office space for 2,400 jobs, a boardwalk and public access to a green roof overlooking the water. The heart of the project is Bonnycastle St., according to Stanton Eckstut, one of the principal architects.

“Every neighbourhood in Toronto has one great main street, from Little Italy to Greektown,” Eckstut said, “But the key is Bonnycastle; we need to make this street work.”

Cesar Pelli, the project’s lead architect, gives the plans some star power. Pelli, former dean of Yale University’s School of Architecture, designed the Petronas Towers in Kuala Lumpur. His partner, Fred Clarke, designed the World Financial Center in Manhattan.

Pelli wanted “to make the city reach the water comfortably — as part of the city, not as a foreign place. We see this is a place to live, to work, to visit, to shop, every day of the year, all day long.”

The City of Toronto’s executive committee unanimously approved the project on Monday. It will be presented for final approval at the upcoming city council meeting.

If council approves the plans, phase one could be completed as early as 2014 with the entire project completed by 2021.

What are you looking to buy or sell?

Resale

If everyone is entitled to the rebates, why do they charge the fees in the first place?
Many buyers, their lawyers and accountants do not apply for them. Some look into it. Most do get some of the rebates, but the majority do not take the time to apply and follow up, nor do they know how.
You didn’t think the government was going to make it easy did you? Why charge
you in the beginning if they knew they would have to give it back?
You may qualify for rebates on your past transaction that could add up to $15,000 or more.
We, with the help of a chartered accountant and bookkeeper have collected nearly $1,000,000
for our clients in transitional and housing rebates along with other rebates you, your lawyer,
and your accountant maybe unfamiliar with.

This is why we have set up a department to do just that.
Filling out the proper forms (correctly)
Adding the necessary documentation
Mailing them to the correct departments
Doing this in a timely fashion
And most importantly following up

Missing out on any one of these tasks and others would result in a non-rebate!
They will not inform you, your time will run out and you would become ineligible.

If you would like to find out about your eligibility, REPLY TO THIS EMAIL NOW!

Your information will be kept confidential.
There are no up front fees, merely 10% of the amount we collect for you.
These are rebates that you have not, nor probably would, apply for.

But hurry! Time is running out!
Certain deadlines apply to these governemnt rebates.

Developed by Urban Capital, and designed by Montreal-based architectural firm Saucier + Perrotte.
Sales for the River City Condos project will begin this coming Fall.

Work will commence in the spring of 2010 next spring, with occupancies expected to start in 2012

Prices starting at $179,900.

River City, coming to the soon to be revitalized \’West Don Lands\’ neighbourhood, will one day combine lofts, condominium towers and townhouses in an area of parks, stores and cafés on the banks of the Don River.

bisha condos

REGISTRATION NOW OPEN FOR BISHA HOTEL AND RESIDENCES – GET VIP ACCESS TODAY!!

BISHA CONDOS – QUICK FACTS

- Developed by Lifetime Developments (X2, Four Seasons Private Residences, M5V, Liberty Market Lofts) and INK Entertainment
- 41 storey mixed-use building
- Residential dwelling units will be on floors 12 to 39
- Amenity space on floor 11
- Hotel guest rooms on floors 4 to 10
- A hotel ballroom on the 3rd floor
- Hotel lobby functions on the 2nd Floor
- Restaurant uses and the residential lobby on the ground floor
- The heritage façade is proposed to be maintained
- Located at 56 Blue Jays Way, site of the old Diesel Playhouse in the entertainment district
- Designed by Munge Leung.

CONTACT US for VIP pricing and floor plans: info@thetorontocondos.com

Many people have asked me to explain the difference between the three different methods of buying Real Estate and which is best.
The best method will be determined by the investor/end user, based on what your expectations and requirements are. Most end-users would prefer:

Re-Sale. They typically are looking for something right away, they have a limited amount of deposit saved, and they have a good job and good credit. Unfortunately purchasing only Re-Sale pretty much guarantees the highest and best use or peak value as they will be purchasing something based on market value which at the time will be available to everyone. In other words the highest bid wins. The good news is that they usually get what they are looking for, they get to see it and the banks love them because they will be occupying the property. They are their own tenant and therefore investing into themselves; they will usually stay for a longer term and therefore realize a sizable profit. Investor’s used to be interested in this form of buying but found that they did not have a niche or edge and they were not impressed with the long wait times and their costs associated with buying and selling not to mention the actual maintaining of the tenant and property. The profit was good but they needed something better.
(more…)

With all the stress and anxiety life can throw at us it is important to stay grounded and weed through the crap to be sure and make the proper decisions to protect our livelihood and that of our loved ones. For this purpose we must understand the importance of making a healthy diet of Insurance, Home Savings and most importantly our Real Estate Investments.

People always ask me what they should invest in first. This is a difficult question as everyone is different in respect to their financial and retirement goals, their risk tolerance and life expectancy not to mention the security of their loved ones.
For me as a family man I must say that what comes first is protecting the interest of our family home, secondary to this would be to have a whole life insurance plan that would be sufficient to take care of the immediate needs of my loved ones should I pass away. However, I cannot express the importance of having a balanced portfolio of Real Estate Investments, and this is the difficulty because if we don’t manage our investments properly, we will find ourselves falling behind and not keeping up to “The Joneses” , or “The Chans”.
(more…)

Going back 15 years we had what was called the Sneak Peak, followed by the Preview, than the Grand Opening. Developers, later had several Grand Openings each with slightly different names. After the year 2000 investors became wise to the hype and so was born the VIP. Back then in order for an agent to become a VIP they had to demonstrate the ability to sell several properties at regular pricing before they could be an honorary VIP Agent. In some cases the developer would have you or your agent pay $500 or more as a deposit to gain this recognition thinking that this would add value to the opportunity.

They even had agents line up for a day or two and in some cases I witnessed up to 2 weeks for the opportunity to purchase up to 2 units. The VIP agent would do several things make this wait bearable including hiring street beggars and students to hold their position. Then came the list. A group of agents would start their own list and would agree to meet once every day or two to update the list not allowing any other groups to take their place. Last year this was a problem with the infamous X2 line up at the Intercontinental whereby the group would only meet every 4-5 days and check the list which was left on the bench and allowed others to join by just adding their name.
(more…)


Here are some of my thoughts:

1. Location, location, location! These Toronto Condos are smack in the middle of a cool and interesting area. Want to go to the Art Gallery of Ontario, Roy Thompson Hall, or take in some theatre? It is right outside your home. Interested in a movie? Again, right outside your home. Work in the financial district? 10-minute walk. Taking the subway? 6-minute walk. The best? It is a 4 minute walk to a favourite restaurant, Nota Bene. Yum yum. Of course, it is also close to a million other amazing places.

Located across from Diamante’s award winning condo Phoebe and Soho, this location is hard to beat. Most Queen West condos are WAY west. This is stretch of Queen Street is scarce for new condominiums, making the demand high for this condominium.

12-Degrees is at the epicenter of everything that makes Queen Street West living so vibrant.
(more…)