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Posts Tagged ‘Number One Bloor’

 

As the first month of 2010 flew by, so did sales for Condominiums in the Bloor Yorkville area… 31 days in the bag with strong results coming out of it!

January, which tends to be a slow month for the real estate calendar, performed quite well selling 15 units as opposed to the 9 in 2009 (up 66%). Not only were they selling, but they were also achieving full list price and in one occurrence, 16% over asking! The amount of time it took to sell a condo was reduced by almost 40% from 44 days on the market to only 27!

The most popular of all layouts was once again the 2 bedroom which resulted in the most amounts of solds! We predict another strong month in February and are hoping to see sales surpass the 12 from 2009! More listings in the mid-price range will be entering the market in the coming months, with Casa and Bloor Street Neighbourhood condo’s nearing completion.

Contact us if you’d like to know what your Yorkville condo is worth!

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Things are really starting to look “up” for the most interesting corner in the City known simply as Number One Bloor! Earlier in the week we came across a City report looking into the possibily of a “sign variance” for the vacant lot. The report was pretty bland and basically recommends the refusal of the application…but on page 5 of the report is where things started to get interesting!

Right in the middle of the drawing was the following caption “Number One Bloor Proposed 65 Story Condominium”! This was the first glimpse we had into the possibility of new life at the site.

Today, Kelly Grant from the Globe and Mail ran a story outlining plans for a curvy 65-story condo sitting atop 104,000-square-foot retail podium making it a total of 67 stories. According to the article, Hariri Pontarini will be designing the tower, and like everyone else, we can’t wait to see what they come up with! They’ve designed other Yorkville projects including 80/100 Yorkville at Bellair, and the Florian to name a few!

Subscribe to BloorCondos.com for the latest updates surrounding the project!

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It’s been quite the year for the Toronto condo market! As 2009 rolled in many believed it would be one of the worst years ever. Thankfully, Canadian banks and their stringent lending practices as well as mortgage rates at historic lows helped to curve the widespread results seen in the US. The GTA market as a whole picked up near the start of the second quarter and preformed much better than expected right until year end!

The Bloor Yorkville neighbourhood was no exception to the ups and downs faced throughout 2009. Condo sales in January and February started off very slow with only 9 and 12 units selling in their respective months. By March sales picked up stayed strong until July where the numbers took a small dip. The upward trend continued from September to November with the average sale price also moving upward. Low supply and high demand resulted in condos selling for 101% (on average) in October! Read the rest of this entry »

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A few weeks ago we blogged about the launch of a new condo at Bloor and Jarvis, the time has finally come.  Join us for a special ONE night event at the X2 condo launch! 

On Wednesday November 25th, 2009, X2 will be holding its broker-only sales event.  Sales are scheduled to start 6:00pm sharp!   Prices start at $465 / square foot which are very competitive for what the neighbourhood offers.  The location gives you the best of both worlds. Walk to Yorkville/Bloor, or take in the Church Street scene. Two blocks west and you’re at subway. Two blocks north and you’re surrounded by the pristine tree-lined streets of Rosedale. X2 is centre stage and you’re the star.  Keep in mind that these prices are for the one day launch only! Read the rest of this entry »

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Tshuka Interior Design

It’s been a little over a month since we began blogging and in that time we’ve received a ton of emails and enquiries about condos in the area! The response to the blog has been amazing and we thank each and every one of our readers for its success. Our goal was to share our knowledge of the Bloor and Yonge area with anyone and everyone who’s interested in calling it home. A large portion of our content is based on the lifestyle of the area, which is the perfect segway to introduce our newest contributor!

International Interior Designer, Mother and all around Fashionista; Nora Voon of Tshuka Interior Design will be giving our readers a glimpse into some of the finest trends emerging worldwide. I saw first had what Nora is capable of, as she recently wrapped up work in Toronto overhauling an older east end beaches home. The home looked very tired and was at the end of its life…that was until Tshuka Interior Design stepped in and totally revamped the house from top to bottom (photos coming soon). Read the rest of this entry »

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