When looking for a Yorkville condo to buy or let it there are a lot of things to consider, some of which are less obvious and you may forget to check or ask about at first.
For a start apart from the <a href=”http://www.searchlocalcondos.com/”>condo</a> itself what else do you get use of such as hallways, elevators and maybe even laundry facilities, will you have to pay a ground rent or other costs towards communal facilities? These may also include heating, which can be better value than having your own heating system.
How thick are the walls and floors or ceilings: the extent to which sound travels between apartments varies between blocks based on their age and construction. Try tapping on walls and ideally visit potential properties on weekends or evenings when there will be people about to give you an idea how noisy they may be.
Rooms often look smaller once they have furniture in so be careful if viewing an empty property and compare floor sizes to what you currently have to give you a better idea and to make sure that you will be able to fit everything in. Think about wall space as well as floor space as some layouts, including open plan as well as condos with lots of windows, may have less wall space: which may mean that you have nothing to put some furniture against.
Second Best March on Record
April 5, 2011 — Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.
“The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid affordability picture and improving economic conditions in the GTA and country-wide,” said Toronto Real Estate Board (TREB) President Bill Johnston.
The average selling price for March 2011 was up five per cent year-over-year to $456,147. The strongest average annual price growth was reported for condominium apartments and semi-detached houses, at approximately seven per cent for both home types.
“Market conditions were tighter in March compared to last year. With more competition between buyers, we have seen a strong but sustainable rate of price growth,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
In March, the median price was $385,000, from the $370,000 recorded during March of 2010.
Click Here To Read Full Report
175 Cumberland St: Renaissance Plaza: Yorkville Condos
The location of Renaissance Plaza is ideal if you want convenience and a trendy lifestyle. It sits next door to the infamous Four Seasons Hotel and the classy boutiques of Yorkville’s shopping district at the corner of Avenue Road and Bloor Street. One bedroom suites begin about 1100 sq. ft while two bedrooms are 1700 sq. ft. The combination suites are as spacious as 4000 sq. ft. with private terraces and amazing views of Toronto’s skyline.
Bramalea developed this 20 storey, four floor structure with suites beginning as low as $450 per sq. ft. to over $600 per sq. ft. A large number of amenities are also available. Valet parking for residences as well as guests, squash court, party room, indoor pool, whirlpool and sauna, terrace, and a very high level of both security and staff all combine to make this condo one to consider.
164 Cumberland St: Renaissance Court: Yorkville Condos
Renaissance Court was developed by Bramalea about 1982 at 164 Cumberland Street. With only 32 units, this condominium is more private than many and the price is far below the $500 per sq. ft. average of most other Yorkville properties. Suites are built over a three storey retail and office complex and vary from 1155 sq. ft. to 1800 sq. ft. within the upper four storeys. They include 24 hour concierge service.
3 McApline: Domus Condos: Yorkville Condos
Although Domus was completed by Diamante Development Corporation in 2003, this relatively new condominium has already combined or altered units. It now offers 20 three-level townhomes, and 69 new loft style units dispersed over 10 floors. A short distance northeast of the Bay Street and Davenport Road is where you’ll see the modern eclectic design of the Domus condos.
One of the highlights of these lofts are the 16 ft. ceilngs and most lofts come with a balcony or terrace. Townhomes range in size from 930 to 1297 sq. ft. while the suites vary between 645 to 2752 sq. ft. Some of these homes are expensive costing as much as $500 per sq. ft. but the facilities are many and include 24 hour concierge, party room, exercise area, a guest suite, and a beautiful private garden.
4 Lowther Ave: Yorkville Condos
In the heart of Yorkville, on the west side of Avenue Road and just north of Bloor is where you’ll find 4 Lowther Avenue condominium. This spectacular residence is a 7 storey structure with 41 suites ranging in size from the unusually large studios and one bedrooms at 1100 sq. ft to over 3000 sq. ft. for the penthouses.
Each unit includes a fireplace and 9 foot high ceilings with the typical suite being 2000 sq. ft. with an additional 900 sq. ft. terrace. From $650 per sq. ft. to $775 per sq. ft. and above, these condos are priced high. However, amenities do include valet parking, party and fitness rooms, concierge service, and a small indoor pool.
20 Collier St: Yorkville Condos
Twenty Collier houses 95 suites on 12 storeys and is one of the higher priced condos in the area. At $400 to over $600 per sq. ft. for a suite from 745 sq. ft. to 1660 sq. ft., the upscale lifestyle is well worth it to some. Penthouses do present 9 foot tall ceilings, however.
Plazacorp finished Twenty Collier in 2003 where it’s located at the intersection of Davenport, southeast of Yonge. A lounge, terrace, and exercise area are some of the amenities.
18A Hazelton Lanes and 55A Avenue RD:
18A Hazelton Lanes and 55A Avenue Road is a unique residence with restaurants and shops filling floors one and two while the third floor houses salons and offices. The Yorkville neighborhood is charmingly represented in the 1970 architecture of this building.
Although there are no additional amenities except the 24 hour concierge service, the general size of the suites is greater than the norm ranging from 800 sq. ft. to over 3000 sq. ft. A great number of suites have two storeys while each of them incorporate enormous terraces or solariums as large as 2000 sq. ft. These suites are pricey at $400 per sq. ft. to over $575 per sq. ft., but even at these premium prices these condos go quickly.
110 Bloor St: Yorkville Condos
In the center of Yorkville and only a short distance to the chic dining and shopping area on Bloor Street, 110 Bloor Street is a large complex that presents amazing panoramic views of the gorgeous parks and the Yorkville area. Suites can be as large as 3200 sq. ft. and the amenities are vast with an indoor pool, a gym, sauna, recreation area, racquetball court, valet parking, and 24 hour security and concierge service.