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Yorkville Plaza, The New Residences of 
21 Avenue Rd, Toronto
Developer: Camrost-Felcorp

Yorkville Plaza (Camrost-Felcorp) - Real Estate -

Discussion in 'Real Estate - Individual Project Threads' started by interchange42, Aug 26, 2011.

  1. interchange42

    interchange42 Administrator Staff Member

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

    onni New Member

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    mme2.jpg mme3.jpg mme6.jpg mme5.jpg mme4.jpg

    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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  3. SixPoints

    SixPoints Active Member

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  4. Chris_Hull

    Chris_Hull Active Member

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

    WeirdFishes Active Member

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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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  6. Chris_Hull

    Chris_Hull Active Member

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    from what i've heard it's 9 ft ceiling, isn't it? anyone has more accurate info?:confused:
     
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  7. WeirdFishes

    WeirdFishes Active Member

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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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  8. Chris_Hull

    Chris_Hull Active Member

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    from the updated info i got, the room is 8' ceiling.
     
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  9. JayBee

    JayBee Senior Member

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    prices are an absolute joke. The finishes don't even sound all that special.
     
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  10. cdr108

    cdr108 Senior Member

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

    neuhaus Senior Member

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    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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  12. condoinvestor

    condoinvestor New Member

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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.
     
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  13. interested

    interested Senior Member

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    I believe I read that an extra parking spot at the 4S was asking $100,000.
     
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  14. Chris_Hull

    Chris_Hull Active Member

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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!
    interior-2.jpg interior-5.jpg
     
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  15. metroTO

    metroTO Active Member

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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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