Downtown Toronto Luxury Condos

• 1 King St W.
• One King West Hotel and Residences
• M5H 1A2
• TSCC/1703
• 51 Storey high rise condo building
• Completed in 2006
• Built by Stinson Properties
• Located at King and Yonge., Downtown Toronto

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December 3, 2010 — Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642.

On a month-over-month basis, the seasonally adjusted annual rate of sales increased for the fourth straight month to 88,100. This rate was substantially higher than the July low of 67,900.

“The GTA resale market has tightened since the summer. Healthy market conditions continued to support growth in the average selling price,” said Toronto Real Estate Board President Bill Johnston.

“Sales through the first 11 months of the year were down only marginally compared to the same period in 2009. We remain on track for one of the best years on record under the current TREB market area,” continued Johnston.

The average selling price for November transactions was $438,030 – up five per cent compared to November 2009.

“The average selling price in the GTA is affordable. A household earning the average income can comfortably cover the mortgage payments on an average priced home. Expect the average selling price to grow at a moderate pace over the next year,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Source: TREB (Toronto Real Estate Board)

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• 55, 65 Bremner Blvd.
• Maple Leaf Square Condos
• 50 and 54 Storey high rise condo buildings
• Completed in 2010
• M5J 0A1, M5J 0A6
• Built by Lanterra Developments, Maple Leafs Sports and Entertainment and Cadillac Fairview.
• Located at York St. and Lakeshore Blvd., Downtown Toronto

Amenities at Maple Leaf Square include: Indoor pool, whirlpool, sundeck, exercise room,  Gym, Concierge and guest suites.

Maple Leaf Square is located close to Air Canada Centre, Rogers Centre, Sony Centre, Union Station, Go Train and Bus, Finnancial District, Real Sports Bar, Longo’s in the building, CN Tower, Leon’s, the Path network and other great local amenities.

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• 30 Grand Trunks Cres.
• Infinity Condos – East Tower
• M5J 3A4
• TSCC/1855
• 35 Storey high rise condo building
• Completed in 2007
• Built by The Conservatory Group
• Located at York St and Bremner Blvd., Downtown Toronto

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• 628 Fleet St.
• West Harbour City Condos
• M5V 1A9
• TSCC/2095
• 36 Storey high rise condo building
• Completed in 2010
• Built by Plazacorp
• Located at Bathurst and Lake Shore Blvd W., Downtown Toronto

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