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King West Village Toronto's Hottest New Address. Real estate prices have skyrocketed in this area. Real estate prices have skyrocketed in this area. Condos.

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Presentation on theme: "King West Village Toronto's Hottest New Address. Real estate prices have skyrocketed in this area. Real estate prices have skyrocketed in this area. Condos."— Presentation transcript:

1 King West Village Toronto's Hottest New Address

2 Real estate prices have skyrocketed in this area. Real estate prices have skyrocketed in this area. Condos on Portland, Brant, Morrison, Camden, Oxley, Charlotte and of course King Street, have become the most sought after in this growing residential area. Condos on Portland, Brant, Morrison, Camden, Oxley, Charlotte and of course King Street, have become the most sought after in this growing residential area.

3 Peter Freed of Freed Developments has been quoted as saying that: Peter Freed of Freed Developments has been quoted as saying that: King West is going to be a $700 per square foot neighborhood. With the launch of his flagship Thompson Residences, his vision is coming to fruition. King West is going to be a $700 per square foot neighborhood. With the launch of his flagship Thompson Residences, his vision is coming to fruition.

4 King West real estate prices will continue to rise in value and the area is still number one for young hip professionals. King West real estate prices will continue to rise in value and the area is still number one for young hip professionals. King West is Yorkville on steroids! King West is Yorkville on steroids!

5 Maryam Sanati – Toronto Life Wrote: Maryam Sanati – Toronto Life Wrote: Lately, King West is an urban cloud nine: designer condos, old brick studio spaces, fantastic carpaccio. Only 15 years ago, no one had much reason to venture down herenot for work, not to live, not for a dining scene, because there wasnt one. Lately, King West is an urban cloud nine: designer condos, old brick studio spaces, fantastic carpaccio. Only 15 years ago, no one had much reason to venture down herenot for work, not to live, not for a dining scene, because there wasnt one.

6 NATIONAL POST, Friday May 8, 2009: Compared with other cities, we still sell and build more condos in all price ranges. The increased cost comparisons for Torontos super-luxury condos range from 1.8 times versus Tokyo, Japan to 3.7 times in Los Angeles to a whopping 8.4 times in London. Taking that 750- sq.-ft. unit again-- it would be $1.05-million here, $5.18-million in L. A. and $8.85-million in London.

7 Barbara Lawlor, president of Baker Real Estate, an industry expert whos been selling condos since 1987 says: Today, the international spotlight is focused on Toronto, and our properties here are a steal by comparison, Newcomers to Canada are snapping up condos and luxury condos because they realize their investment potential down the road.

8 The demand for Torontos luxury condos originates from a variety of sources. The demand for Torontos luxury condos originates from a variety of sources. Affluent immigrants and foreign investors are lining up with the traditional buyers that include empty nesters, Boomers, young professional couples and individuals. Affluent immigrants and foreign investors are lining up with the traditional buyers that include empty nesters, Boomers, young professional couples and individuals.

9 Investors from overseas, these two groups are still playing a major role in driving the market. Investors from overseas, these two groups are still playing a major role in driving the market.

10 Single professionals, young families, and even some retired couples have made the community their own, changing it into a modern residential oasis. Single professionals, young families, and even some retired couples have made the community their own, changing it into a modern residential oasis. Just a short walk from everything the star studded art galleries, bars, restaurants, clubs and shopping on Queen West and on King itself. Just a short walk from everything the star studded art galleries, bars, restaurants, clubs and shopping on Queen West and on King itself. Easy access to the TTC, the Gardiner, and the nearby Dominion supermarket complete the picture of neighbourhood convenience. Easy access to the TTC, the Gardiner, and the nearby Dominion supermarket complete the picture of neighbourhood convenience.

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12 Cheval Cheval Spice Route Spice Route Brant House Brant House AND … Celebrity Chefs Mark McEwan Favorite Restaurant: Buca AND … Celebrity Chefs Mark McEwan Favorite Restaurant: Buca

13 Toronto's Hottest New Address at VIP Prices

14 $ Portland St PORTLAND-WELLINGTON 50 Portland at Wellington" The Premium Choice in Rental Living" 2 bdrm + terrace renting for $ sq ft Includes heat, water and basic cable. 50 Portland offers exceptional living right in the heart of King West. Only, minutes from Toronto Financial, Entertainment and Theatre District and easy access to local transit and major highways. All the units feature Euro-inspired kitchens with 5 piece appliances including dishwasher and ensuite washer and dryer, and dark granite countertops. Laminate wood floors throughout, floor-to-ceiling windows, and double door closets are also among the desired features. Indoor parking available for $150 a month.


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