Lakeside Residences - Toronto Waterfront Community
Monday May 07th, 2018Share
WELCOME TO LAKESIDE RESIDENCES
This is one of the city's most exciting developments in Toronto's Waterfront Community. The neighbourhood is going through a massive transformation and will be home to thousands of new residential units as well as an upwards of 50,000+ new jobs. Pricing here for much of the resale and new development market starts from $1050-$1300+ per square foot given the demand in this highly sought after area.
We have an unbelievable opportunity to purchase in the all new Lakeside Residences Park Suites Release which starts in the mid $400,000s (between $950-$1000 per square foot on average). If you have been waiting for that Perfect Downtown Buy -
THIS IS IT!
Walking Distance to Union Station, Loblaws, St Lawrence Market, Toronto's Waterfront, Sherbourne Common, George Brown College and much more!
Huge plans for redevelopment in the area including the addition of over One Million Square Feet of Employment Space bringing in over 50,000 new jobs.
Google/Alphabet are creating a new "Smart City" right beside Lakeside Residences known as Sidewalk Toronto which will bring their Google Canada Headquarters to the area while transforming Toronto's Quayside neighbourhood (Read About This Here)
Because of these reasons Lakeside Residences will be in very high demand, meaning Higher Rents & Increased Property Values.
Anticipated Rental Rates
1 Bedroom: $1800-$2100/month
1 Bedroom + Den: $2100-$2300/month
2 Bedroom: $2700-$3000/month
2 Bedroom + Den: $2800-$3100+/month
* We expect these to only increase with the addition of new employment in the area
Floor premiums vary from $1,000-$5000 per floor, depending on suite size.
View premiums vary from $10,000-$25,000, depending on suite.
Maintenance Fees: $0.59/ sqft (excludes hydro and water)
Park Suites Incentives:
Right to Lease During Interim Occupancy, Free Assignment, Free Window Coverings, Extended Deposit Structure, Capped Development Levies.