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Yorkville Plaza, The New Residences of
21 Avenue Rd, Toronto
Developer: Camrost-Felcorp
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Thread: Yorkville Plaza (Camrost-Felcorp) - Real Estate -

  1. #1
    Join Date
    Apr 2007
    Location
    by the Humber
    Posts
    11,360

    Default Yorkville Plaza (Camrost-Felcorp) - Real Estate -

    Real Estate thread for Yorkville Plaza condominiums, to replace the former Four Seasons hotel. Redevelopment by Camrost-Felcorp.


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    Newest update on this project. Here comes the tentative floor plan. People can pm me for the more details and updates.

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    how do you guys compare this one with 1000 bay project?

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    Are the ceilings 8' and popcorn?

    Those prices are nuts. And I cannot believe standard is laminate.

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    Quote Originally Posted by WeirdFishes View Post
    Are the ceilings 8' and popcorn?

    Those prices are nuts. And I cannot believe standard is laminate.
    from what i've heard it's 9 ft ceiling, isn't it? anyone has more accurate info?

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    I was in a hotel suite here a few months ago and it was 8' ceilings. Not sure how they will increase the ceiling height... Anyone?

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    Quote Originally Posted by WeirdFishes View Post
    I was in a hotel suite here a few months ago and it was 8' ceilings. Not sure how they will increase the ceiling height... Anyone?
    from the updated info i got, the room is 8' ceiling.

  9. #9

    Default

    prices are an absolute joke. The finishes don't even sound all that special.

  10. #10
    Join Date
    Apr 2008
    Location
    Toronto
    Posts
    4,529

    Default

    and this would be considered a conversion project, so no Tarion warranty

  11. #11
    Join Date
    May 2010
    Location
    Toronto
    Posts
    842

    Default

    8' ceilings, laminate flooring, 2 burner cooktop and microwave in lieu of an oven (essentially a hotel-style kitchenette), 2-in-1 washer/dryer unit (worst appliances ever), no balconies, minimal amenities.
    Those are definite deal breakers for me, and that's not factoring the $1,000/sq.ft. pricing.
    Condo fees are a little high considering the lack of amenities, maybe due to the older infrastructure and mechanicals.

    $73,500 per parking space (only for the two largest units), that has to be the most in the city. At least storage lockers are included for all units.
    The south units will have no views and much of its sunlight blocked once the phase 2 tower is built.

    I wonder how well these refurbished hotel rooms are selling and who are buying them?

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    I met with Andrew Barnicke (DTZ Barnicke) one evening to discuss this project. He has about 30% stake in the project. I was initially interested mainly based on the location but as I learned more details about the project I wasn't completely convinced. I try not to let my investors get in on a project unless I am 100% convinced weighing all things. There are tonnes of opportunities in Toronto to make money in real estate. I ended up buying a few at Monde on waterfront.

  13. #13

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    Quote Originally Posted by neuhaus View Post

    $73,500 per parking space (only for the two largest units), that has to be the most in the city. At least storage lockers are included for all units.
    I believe I read that an extra parking spot at the 4S was asking $100,000.

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    The size of unit in this project is relatively small. I wonder from the two different interior design styles below, which one do you guys think is better. I really appreciate your inputs!
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    The first interior is more feminine while the second interior is more masculine.

    Yes the units are generally pretty small in this development but you can't expect much when they are basically redesigned hotel rooms. Consider it glorified crash pads.

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