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Sugar Wharf Condominiums (Phase 1) 
95 Lake Shore Boulevard East, Toronto
Developer: Menkes Developments
Website:

Sugar Wharf Condominiums, Phase 1 (Menkes) - Real Estate -

Discussion in 'Real Estate - Individual Project Threads' started by dracolnyte, May 17, 2018.

  1. dracolnyte

    dracolnyte New Member

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    prices starting at high 400s, maybe it's a 360 ish sqft bachelor?
     
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  2. innsertnamehere

    innsertnamehere Superstar

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    Thats $1,300psf - that seems very high to me. I would expect this one to sell around $1,000.
     
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  3. Star Fox

    Star Fox New Member

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    Is this just conjecture or was some information released? I'm assuming the former, because as far as I understand it we still haven't seen what these buildings will look like (i.e. the current renderings aren't finalized).
     
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  4. dracolnyte

    dracolnyte New Member

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    agent got info that it starts at high 400s

    edit: new info, prices start at 1000psf
     
    Last edited: May 24, 2018
    #4
  5. TheSix

    TheSix Active Member

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    I doubt sales for phase 2 will wait for phase 1 to occupy. I imagine Phase 2 sales could start as soon as next year, considering phase 1 will most likely be sold out by the holidays.
     
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  6. Stefan

    Stefan New Member

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    The problem is that Phase 1 doesn't suck. The first tower is already sold out and I believe sales for the second tower started in late June but I'm not sure if the whole tower has been released for sale. Regardless, Menkes is carrying their sacks of cash to the bank so I wouldn't surprised if they do start sales for Phase 2 by the end of this year. :/

     
    #6
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  7. Jowblow333333

    Jowblow333333 New Member

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    West Tower (2nd) tower was first released on June 21. Pricing has been increased at least once since June 21. Depending on which floor plan, price has increased from 2% to 8% on July 5th. Based on this, the initial demand of the west tower was very strong and solid, as well as Menkes' confidence.

    It requires 25% deposit in 720 days, buyers with this kind of cash on hand see the future of this project, East Bayfront and South Financial core district.
     
    Last edited: Aug 8, 2018
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  8. cdr108

    cdr108 Senior Member

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    floorplans & price list?
     
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  9. Jowblow333333

    Jowblow333333 New Member

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    #9
  10. TheKingEast

    TheKingEast Senior Member

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    Did you buy here?
     
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  11. TheKingEast

    TheKingEast Senior Member

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    3 bedrooms in 800 square feet. :eek:
     
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  12. Jowblow333333

    Jowblow333333 New Member

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    No.
     
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  13. TheSix

    TheSix Active Member

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    Right?!?! It is a great layout and would be a lot more affordable for a family, over a 1,500 soft 3bd unit in a new development (@$1200sqft).
     
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  14. tripwire

    tripwire Active Member

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    IIRC, the first release of units was for the bottom floors (up to the 40-ish floor) of BOTH towers, albeit in separate releases. There will be a separate release of units for the higher floors somewhat soon.
     
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  15. Jowblow333333

    Jowblow333333 New Member

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    Last edited: Aug 10, 2018
    #15

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