Posts Tagged ‘luxury’
The BloorCondos team recently got an early look at The Yorkville Condominiums, the latest condo to launch in the neighbourhood! Located at 32 Davenport Rd, the building will be approx. 31 storeys and will be home to 238 units. Lifetime Developments has hired the the architectural firm of Rudy Wallman to design The Yorkville Condominiums. Mr. Wallman has been on a hot streak having designed X2 (near by), Lumiere on Bay St and Bisha in the entertainment district. The bold design he’s incorporated into The Yorkville are a much needed change for the traditional box and glass design seen throughout the City!
Below is a photo from the event of the model:
Look for The Yorkville to launch in early 2011! Contact the BloorCondos team to be notified for initial launch.
Pack up the pumpkins and bring out the pine…with Halloween over, Christmas is less than 2 months away! Signs of the festive holiday are quickly popping up all over Yorkville the street lights already wrapped with wreaths.
As we look back at sales in Yorkville for October 2010, we’re greeted with mixed numbers. On one hand, prices have continued to follow the increasing trend seen throughout the year. On the other, sales numbers are starting to slow. We saw 42 sales in October, only one more than the previous month. That number is almost exactly the same as the 43 recorded in October of 2009! With the addition of new condo inventory to Yorkville, one would think more sales would occur.
On average units sold at 97% of asking! Greatest deal was had at 88% of asking price and the highest list to sold price was recorded at 111%. The most popular layout was the one bed plus den with 12 sales followed close behind with the one bed and 2 bed layouts tied with 10 solds a piece!
A custom-designed Penthouse At The Prince Arthur with 11 rooms and 4 washrooms recorded the highest sale in Yorkville! The most popular building for sales occurred once again at Bloor Street Neighbourhood with 6 sales followed by it’s neighbour to the south, CASA Condos with 3 sales.
As we approach the last quarter of 2010, it will be interesting to see how sales in Yorkville wrap up.
Contact us to live the lifestyle!
Most of the posts on BloorCondos comes from the perspective of a Realtor…for this one we get to hear from an actual (non real estate selling) resident on her experience of how the “Greener Bloor” has changed her perspective on the area!
Enjoy, and don’t forget to check out the photos of Bloor streets new look! Story and photos by Marisa Falconi!
Living at Yonge and Bloor for 2 years has allowed me to become pretty familiar with the area. Up to date, I have lived all over the downtown core for 7 years, and although I moved away from Yonge and Bloor 2 years ago, I’ve watched it evolve throughout the construction and chaos into its current state. My main question, and a thought I’m sure is on many Torontonians minds: “Was it all worth it?”
In 2006, I had just purchased my first condo at Signatures on Bloor and I couldn’t be more excited about living in one of the hottest spots in the city. A year later, however, I was miserable. Concrete walls blocked my view at all angles and the second I stepped out my front lobby, hoards of people rushed by in a constant, pushy stream. The construction didn’t help ether. I knew the city was attempting to create a greener Bloor, but no amount of “greenifying” was going to justify the jack hammer awakenings every day at 4 am, not to mention what seemed like an endless traffic jam right outside my front door. I knew moving to Yonge and Bloor meant living in the jam-packed fast lane, but I had no idea it meant giving up my peace, tranquility and ability to turn left. Read the rest of this entry »
Posted in Bloor and Yonge, Life Style, Real Estate | 
Tags: Bloor Street Transformation Project, bloor- yonge, condo, construction, Greener Bloor, luxury, Real Estate, worldwide, yorkville, Yorkville condos | 
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The BloorCondos team recently made the switch from team Blackberry to team IPhone (why we’ve waited so long, we don’t know)! As soon as we got our hands on the phones we downloaded a ton of apps, tested out face time…and quickly drained our batteries. The IPhone 4 is an amazing tool and something we’ll be using a lot more of to bring our readers continuous coverage on the happenings of Yorkville! Read the rest of this entry »
Posted in Bloor and Yonge, Life Style | Tags: bia, bloor - yorkville, bloorcondos, events, iphone app, luxury, Real Estate, shopping, toronto | No Comments »
It’s been a few months since our last Yorkville Condo Performance update, but we’re back and excited to fill in our readers with what they missed!
As we had predicted in our June post, July 2010 did much better than the prior year. Sales were up 35% for the month, with the most popular layout being the 1 bed units at 14 sales and the 2 bed units close behind at 12!
August had slightly less sales this year with 32 units selling in the summer month! The one bed layout continued the trend in August, making it the post popular unit with another 14 sales occurring. Despite the small dip in sales numbers, a milestone was reached with the sale of a $12,000,000 condo at No 155 Cumberland!
Sales increased by 29% for September with 41 units being sold. The two Cresford built condos, Bloor Street Neighbourhood and CASA Condos, saw the most amount of sales with 11 and 6 sales respectably! It’s typical for new condos to have high sales shortly after they regisiter as most speculators and other investors sell them off to invest their profits in other projects. These two condos are also the newest additions to the Yorkville neighbourhood.
For the first time in 2010, not one bachelor unit sold in all of Yorkville! The one bedroom unit was once again the most popular layout followed closely by the one bed plus den and the two bed floorplans. The Prince Aurther Residences (at Avenue and Bloor) had the highest price sale for August. On average condos sold for 97% of asking with one lucky purchaser negotiating down the price to 88% of asking!
With summer officially over and the fall market arriving, we’re predicting another month of sales increasing vs the same period in 2009. With more inventory coming on, and historically low interests rates, purchasers have a lot of reasons to make the move up to Yorkville.
Contact us to live the lifestyle!
