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Living Shangri-La Toronto
180 University Ave, Toronto
Developer: Westbank Corp

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Thread: Īce Condos (Lanterra Developments, Cadillac Fairview) - Real Estate -

  1. Default Īce Condos (Lanterra Developments, Cadillac Fairview) - Real Estate -

    Anybody have any idea what is the municipal tax rate is for this zone? Or know where I can find that info... Just a matter of curiosity since it is zoned for commercial. 500 Sherbourne developement is a ridiculous 2%!


  2. Default Ice Prices

    I saw some of the pricing....if i recall correctly the STARTING for :

    Studio is around 214k
    1+1 is around 325k
    2 bedroom around 417k

    A lot of the suites are designed w/o balcony as well. Prices equate to the lowest floor (3rd) and most likely the worst views as they are starting prices...

    Still it will probably fly off the shelves..

  3. Default

    Quote Originally Posted by Gooner View Post
    I saw some of the pricing....if i recall correctly the STARTING for :

    Studio is around 214k
    1+1 is around 325k
    2 bedroom around 417k

    A lot of the suites are designed w/o balcony as well. Prices equate to the lowest floor (3rd) and most likely the worst views as they are starting prices...

    Still it will probably fly off the shelves..
    How much are the 1 bedrooms? parking an option... if so, how much?

    I don't like the no balcony design and the canopy/podium looks pretty weak in the renderings... but you're right... it will sell well.

    I wonder what percentage of the people are purchasing to live in this building as compare to an investment.... given that some of that activity has cooled off.

  4. Default 1 Bedroom

    Cheapest 1 bedroom is starting at 283k. I dont have figures for parking however safe to assume 25-30k. Also have no idea which suites are eligible...

  5. Default

    pretty decent price, what's the square footage on that?

  6. Default

    Quote Originally Posted by yin_yang View Post
    pretty decent price, what's the square footage on that?
    looks like 492 sq ft.......pretty expensive imo....dont know the costs to go up floors...nobody wants a 3rd floor unit...

  7. #7

    Default

    Quote Originally Posted by Gooner View Post
    looks like 492 sq ft.......pretty expensive imo....dont know the costs to go up floors...nobody wants a 3rd floor unit...
    that is expensive,lower floor no parking and size of a shoe box.

  8. Default

    It does seem steep ... and those unit are probably the ones that don't even have a balcony... and can't get parking... I'm waiting to see if Infinity3 or 4 can offer anything close for a better value

  9. Default

    Quote Originally Posted by Gooner View Post
    looks like 492 sq ft.......pretty expensive imo....dont know the costs to go up floors...nobody wants a 3rd floor unit...
    Has that been released to brokers or do you work for the builder? Do you have any floor plans?

  10. #10

    Default

    Looks like downtown about $500/sq. ft. is becoming the norm for average-ish (ie. not high end) condos. As a consequence, units are becoming smaller and smaller to keep them affordable. I just couldn't imagine two people living together in a 550sq ft. shoe box.

    Are there any three-bedroom units in the buildings?
    ---
    Therion's on Twitter: @tomtothiron

  11. Default

    Quote Originally Posted by Therion View Post
    Looks like downtown about $500/sq. ft. is becoming the norm for average-ish (ie. not high end) condos. As a consequence, units are becoming smaller and smaller to keep them affordable. I just couldn't imagine two people living together in a 550sq ft. shoe box.

    Are there any three-bedroom units in the buildings?
    There are one bigger 3 + den suite (1000 sq ft) starting at 584,900. I received pricing from a broker....

  12. Default

    ^ ... That price seems much more reasonable than their smaller units.

  13. Default

    Quote Originally Posted by CGM View Post
    ^ ... That price seems much more reasonable than their smaller units.
    Same price actually. Two 500sqft 1 bedrooms squashed together makes a 3 bedroom unit (space wise). The extra bedrooms are cheaper to finish than a second kitchen, etc.

  14. Default

    Anybody attend the community meeting about this building on yesterday? If so, what was discussed?

  15. Default

    Quote Originally Posted by yin_yang View Post
    pretty decent price, what's the square footage on that?
    Quote Originally Posted by Gooner View Post
    looks like 492 sq ft.......pretty expensive imo....dont know the costs to go up floors...nobody wants a 3rd floor unit...
    Quote Originally Posted by CGM View Post
    Has that been released to brokers or do you work for the builder? Do you have any floor plans?
    Are we allowed to post pricing and floorplans on this forum? I received this information by email from an agent and can share (if allowed)

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