Central Storeys

Central Storeys

Steve Cameron lives with two university buddies in a rented townhouse near the Distillery District. But as a 27-year-old single guy working at a family-run real estate finance lending firm in the heart of the financial district, he wants to live where he works and plays. That’s why INDX, a 54-storey, 700-suite condo project by Lifetime Developments and CentreCourt Developments at Bay and Adelaide looks so promising to him. From the bachelor-pad-type black kitchen counter tops to the poker room, golf simulation room and the lobby’s shoeshine station and drycleaning drop-off area, it’s a building that’s hoping to beckon career-focused keeners like Mr. Cameron. “I’m really dedicated to my career, really focused on putting in as many hours as I can to get as far ahead as I can in the next few years,” he says from his office. “To do that, the best place to be is down here. The financial district has become a place that is more conducive to a young professional’s lifestyle, with a lot of great restaurants and pubs to go out to. … My time is worth too much to be sitting on a Go Train or in traffic for two half hours every morning and every evening.”

As of February 2012, there were 13 active projects with 5,103 units in the downtown core between Bloor and the Gardiner Expressway and University and Church, according to RealNet Canada Inc. That’s down slightly from the previous year with 15 projects and 5,848 units. Average price per square foot rose to $939 from $868. Here’s a sampling of what’s on the go today:

58 storeys, 480 units Builder Concert Properties Location Scott and Wellington Suite Availability 400 to more than 2,000 sq. ft. and priced from the $300,000s to $800,000s Hot Tickets Designed as a “vertical neighbourhood” with amenities located on three levels so all residents can enjoy the views; lobby lounge and news café at street level and split-level Sky Lounge on floors 46 and 47 Status Registration Occupancy 2016 Contact 416-216-8588; 88 Scott.com

78 storeys, 985 units Builder Canderel Residential Location Yonge and Gerrard Suite Availability 98% sold. 2,335 to 11,370 sq. ft. and priced from $2.3-million, 50 units just released on three new floors Hot Tickets Top-floor penthouse has five bedrooms, six bathrooms, direct access into a grand arrival hall, whirlpool/hot tub in an enclosed terrace and sunroom Status Under Construction Occupancy June 2013 Contact 416-962-8688; collegeparkcondos.com

36 storeys, 284 suites Builders Cityzen Development Group, Fernbrook Homes and Castlepoint Realty Partners Location Yonge and The Esplanade Suite Availability 90% sold. 531 to 1,039 sq. ft. and priced from $390,900 to $676,900 Hot Tickets Directly behind the Sony Centre, close to the financial district, the historic St. Lawrence Market neighbourhood and public transit Status Under construction Occupancy Spring/summer 2014 Contact 416-777-2533; backstagetoronto.com

54 storeys, more than 700 units Builders Lifetime Developments and CentreCourt Developments Location Bay and Adelaide Suite Availability 356 to 821 sq. ft. and priced from mid $200,000s to $550,000 Hot Tickets Interior suite finishes designed as a modern day “bachelor pad” with open spaces and chic black counters; lobby offers dry cleaning and grocery drop off/pickup at concierge and shoe shine station Status Registration Occupancy December 2015 Contact 416- 987-4639.

50 storeys, 495 units Builders Lifetime Developments and CentreCourt Developments Location Yonge and College Suite Availability More than 90% sold. 277 to 819 sq. ft. and priced from $200,000s to low $600,000s Hot Tickets Approximately 3,700 sq. ft. of retail at grade including a preserved heritage home that’s integrated into the at-grade level of the building Status Actively selling Occupancy September 2015 Contact 416-551-2744; karmacondos.com

58 storeys, 600 units Builders Cityzen Development Group, FernbrookHomes and Castlepoint Realty Partners LOCATION The Esplanade Suite Availability 98% sold. 722 to 1,114 sq. ft. and priced from $479,000 to $762,250 Hot Tickets Penthouse floor has spectacular 10-ft. ceilings and views of downtown Toronto and Lake Ontario Status Under construction Occupancy Summer/fall 2013 Contact 416-777-2533; theltower.com

66-storey glass tower housing a 202-room hotel and 393 residential units Builders Westbank Corp and Peterson Group Location University and Richmond Suite Availability More than 80% sold. Residences from 1,537 to 1,833 sq. ft. and $2.1 to $2.4 million; Private estates from 891 to 3,306 sq. ft. and $993,500 to $5,643,500; Signature suite at 4,431 sq. ft. and $7,540,500; penthouse suite at 3,336 sq. ft. and $9,322,500 Hot Tickets Penthouse has 1,400-sq.-ft. terrace with hot tub, some suites have two-car private garages Status Under construction Occupancy 2012 Contact 416-599-0333 or 1-866-599-0333; livingshangri-latoronto.com

34 storeys, 465 units Builder Context Development Location Market Street and The Esplanade Suite Availability 90% sold. 885 to 1,738 sq. ft. and priced from $535,900 to $1,251,900 Hot Tickets 10,000-sq.-ft. private residents’ amenities space Status Under construction Occupancy Now Contact 416-861-8181; marketwharf.com

61 storeys, 600 units Builder MOD Developments Ltd. Location Yonge and Shuter Suite Availability 378 to 882 sq. ft. and priced from the high $200,000s to $800,000 Hot Tickets The four-storey portion of the historically designated 1905 Canadian Bank of Commerce Building (situated on the site) will transform into Massey Tower’s elegant new entrance and lobby; builder is donating a portion of the property to neighbouring Massey Hall concert hall (also a historic site) for new space and restoration Status Registration Occupancy November 2016 Contact 416-966-0197; themasseytower.com

25 storeys, 281 units Builder Freed Developments Location King and Church Suite Availability Starting at 435 sq. ft. and priced from high $200,000s Hot Tickets Entertainment spaces with modern open floor plan concepts Status Registration Occupancy 2015 Contact 416-601-0060; freeddevelopments.com

60 storeys, 261 hotel condominiums, 118 residential condominiums Builder Talon International Development Inc. Location Bay and Adelaide Suite Availability 75% sold. Hotel condominiums from 571 to 1,641 sq. ft. and priced from $978,000 to $3.1-million; residences range from 1,310 to 3,273 sq. ft. and priced from $2.3-million to $6.3-million Hot Tickets 31st floor features STOCK Restaurant and Quartz Crystal Spa Status Hotel open, residential portion under construction Occupancy Hotel suites underway, residences closing in mid- 2012 Contact 416-214-2800; trumptoronto.ca

NP – Central Storeys (March 24, 2012)

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