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The nine-story brick and precast concrete condo has 68 units from one-bedroom studios to three-bedroom penthouses. Dimension range from: 1 bedroom: 514–700 ft 2, 1+1 bedroom: 700–800 ft 2, 2 bedroom: 800–1300 ft 2, and penthouse: 1260–2232 ft 2. The units per floor each have different layouts. All have floor-to-ceiling windows. [14]
Toronto is the centre of this boom, with 17,000 new units being sold in 2005, more than double second place Miami's 7,500 units. [9] Toronto's condo population has grown from 978,125 in 2011 to 1.478 million people in 2016 representing 54.7% of the city population according to Toronto Condo News. [10]
Regional disparities were very noticeable with month over month Home Price Index (HPI) up in more affordable markets such as Calgary (+9.4%) and Moncton (+12%), to the highest or near-highest levels on record [72] while prices in larger, more expensive markets such as Toronto (-1.7%) and Vancouver (-0.6%) remained flat. [73]
The robustness of the condo markets in Toronto and Vancouver are based on the lack of land availability. [41] The average capitalization rate in the Greater Toronto Area for Q3 2015 hit its lowest level in 30 years: in Q3 2015 it stood at 3.75 per cent, down from 4.2 per cent in Q2 2015 and down almost 50 per cent from the 6.3 per cent posted ...
Murano Condominiums is a two-tower residential high-rise condominium complex located alongside Bay Street, near the intersection of College Street in the Discovery District of downtown Toronto, Ontario, Canada. [1]
Sugar Wharf is a mixed-use development currently under construction at Queens Quay East, across the street from the Redpath Sugar Refinery, in Toronto, Ontario. It will contain five high-rise condo towers ranging in height from 64 to 90 storeys, a mid-rise rental residential building, and a multi level retail space that will contain a grocery ...