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Posts Tagged ‘Preconstruction’

Pears on the Avenue

Back in January we shared a story about Menkes newest project, “Pears On The Avenue”.  Since then not much has been said…that was until their latest e-blast!

According to the email, it looks like Pears will be opening in April and will offer only 140 suites.  The spring market is shaping up to be an exciting time with Number One Bloor and Pears on the Avenue both adding to Yorkville skyline!  Check back often for updates on both of these projects.

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As the Toronto sky line evolves, living 50+ floors above the City, is becoming more of the norm.  A few years back, being on the 35 th floor was like being on top of it all!  With the introduction of Aura Condos at 75 floors, Shangri-La Toronto at 66, and Number One Bloor at 65 we’re constantly pushing the boundaries to how high we can live.  It’s often hard to visually understand what being on the 50th floor actually looks like!

Earlier in the week we had the chance to take in the views from The Residences at The Ritz Carlton Toronto.  It was a breathtaking experince to see how beautiful the City looks from so high up!  Check out more photos below:

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Although February was a short month…you wouldn’t be able to tell by condo sales in the Bloor-Yorkville area! For the second month in a row the number of sales outperformed the same time period a year before. In 2009 we had only 12 sales as opposed to the 20 in 2010, an increase of 66%!

2 bedroom units were once again the most popular layout resulting in 8 sales! With the exception of the 3 bedroom layout, every other type sold for at least full asking price (on average). Though the stats and figures are important, interpreting the market is key. Based on February’s numbers the point is simple…now is a perfect time to sell!

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

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The Uptown Condos by The Pemberton Group is a high end project located on 35 Balmuto Street in lower Yorkville. Designed by Burka Architects Inc. the condo will be home to roughly 280 units.  Check out the latest photos of The Uptown!

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Casa Condos by Cresford Developments is a 45 story tower, that stands out amongst the rest in Bloor and Yonge area. Designed by Architects Alliance, it’s simple form and bold lines are a welcoming addition to the area! Check out the final result below:

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