Limited-time incentives are being offered on the remaining inventory at four Lifetime Developments projects across Toronto—Panda Condominiums, XO Condos, Liberty Market Tower, and Whitehaus Condos—all in varying stages of construction, in a promotion called "The One4All Condominium Inventory Event."
The furthest along of these is Whitehaus Condos in the Midtown area, where the crane was recently removed and the very first occupancies are slated for this coming January.
Whitehaus Condos, image by Forum contributor rezendesign
Incentives offered at Whitehaus offered include 5% commission, guaranteed leaseback for 2 years, $0 development fees, free locker on all units, and a 10% deposit in the first year. The deposit structure includes $5,000 on signing, balance 5% in 30 days. 5% in 180 days, and 5% upon occupancy.
Whitehaus Condominiums, image courtesy of Lifetime
The Liberty Market Tower, the final phase of the 16-year redevelopment of the six-acre Liberty Market Complex, is rising fast in Liberty Village. Set to top out 28 storeys, it is slated for Winter, 2021 occupancy.
Liberty Market Tower rising, image by Forum contributor AlbertC
Incentives offered here include a 5% commission, guaranteed leaseback for 2 years, a price protection plan, $0 development fees, a free locker (while supplies last), free parking for all units 754 ft² and up, and 5% and 10% deposit in the first year depending on unit size. Studio and one-bedroom plans 641 ft² in area and smaller include a deposit structure of $5,000 on signing, balance of 5% in 30 days, 5% in 270 days, 5% in 370 days, and 5% on occupancy. For two- and three-bedroom plans 693 ft² and larger, the deposit structure is set at $5,000 on signing, balance of 5% in 30 days, 5% in 370 days, and 5% on occupancy.
Liberty Market Tower, image courtesy of Lifetime
With concrete and steel rising along Edward Street near Dundas subway station and occupancy slated for next summer, Panda Condominiums is the next furthest along in its construction.
Panda Condos, image by Forum contributor drum118
This project is offering a package that includes 5% commission, guaranteed leaseback for 2 years, $0 development fees, free locker on all units, free parking on all penthouses, and a 5% deposit in the first year. Following the initial deposit, the payment structure states 2.5% in 30 days, 2.5% in 60 days, 5% in 370 days, and 5% upon occupancy.
Panda Condominiums, image courtesy of Lifetime
At King Street West and Dufferin Street, the XO Condos site is now populated by shoring rigs in advance of excavation starting. Lifetime expects the first occupancies to take place here in Summer, 2022.
Shoring at site of XO Condos, image by Forum contributor AlbertC
Incentives offered for XO Condos include 5% commission, guaranteed leaseback for 2 years, $15,000 capped development fees, free locker on all penthouses, free parking on all units, and a 5% deposit in the first year. The deposit structure at XO states $5000 on signing, 2.5% in 30 days, 2.5% in 60 days, 5% in 370 days, and 5% on occupancy.
XO Condominiums, image courtesy of Lifetime
Additional information and images can be found in our Database file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum thread, or leave a comment in the space provided on this page.
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