75 The Esplanade

75 The Esplanade


About the project

75 The Esplanade is a 34-storey condominium in Downtown Toronto designed by architectsAlliance for Harhay Developments and Carttera Private Equities.

Designed by Peter Clewes of Architects Alliance, this building is expected to have great design and dramatic finishes.

Why Invest?

Steps from the world renowned St. Lawrence Market, recently upgraded Market Street, fine restaurants, boutiques, and world class performing centres.

A short walk to Union Station, and the Financial District.

A short walk to Union Station, Canada’s busiest transportation hub, providing  connections to the city, GTA, and beyond!

The rapidly changing east Waterfront, just steps from 75 The Esplanade is seeing billions in redevelopment including new parks, beaches, retail, and office space.




If you would like to discuss options please email us at tkonkina@rogers.com and we will get back to you within the next 24 hours.

8 Cumberland Condos

8 Cumberland Condos

8 Cumberland Condos is a new condo development project by Phantom Developments currently in

preconstruction at 8 Cumberland Street in Toronto, Canada. The development will consist of a 64 storey building and has a total of 531 units.

The Bloor-Yorkville area’s growing number of condominium developments continues to add even more life and vitality into what is already one of Toronto’s most vibrant, walkable areas.

The trend of high-rise development in Yorkville is set to continue well into the future, with new developments frequently proposed for the area. The latest proposal tabled for Yorkville, situated right at Yonge and Cumberland, is a 64-storey residential tower proposed for 826-834 Yonge Street, and 2-8 Cumberland Street.

8 Cumberland is a new high-rise mixed-use condominium development currently in pre-construction at Yonge and Bloor.

Access to the residential lobby/lounge area will be from Cumberland Street.

Design

8 Cumberland Condos was designed by Page + Steele / IBI Group Architects and is not to be missed. Located in one of the most desirable neighbourhoods in the City of Toronto, the Bloor-Yorkville community.

Parking

8 Cumberland will have 4 levels of underground parking for 91 vehicles as well as four car-share parking spaces. There will be 478 proposed bicycle parking spaces for residents and 54 for visitors located at ground level.

Amenities

Outdoor amenity space will be located on the fourth floor with 532 square metres of space. There will also be 597 square metres of indoor amenity space located also on this level. Another 597 square metres of indoor residential amenity space is also located on the fifth floor.

Taking into account the development’s location in a highly walkable neighbourhood within easy walking distance of both Bay and Bloor-Yonge subway stations, only 95 parking spaces are being proposed for 8 Cumberland Street. Parking would be located within a four-level underground parking garage, accessible via a public lane connecting Cumberland Street to Yorkville Avenue.

The rendering included above shows that the development will embrace the existing laneway on the west side of the site, connecting Cumberland Street to Yorkville Avenue. This existing 3-metre-wide lane will be upgraded into a mixed vehicular/pedestrian woonerf as part of the upcoming redevelopment of 1 Yorkville by Bazis and Plaza now under way immediately to the north.

THIS PROJECT IS NOT YET OPEN TO THE PUBLIC
REGISTER TO GET PRICES, PLANS AND BROCHURE

Register for 8 Cumberland Condos by Phantom Developments today and ensure you are first in line to receive the promotional package, special incentives, price list, floor plans and the widest selection of suites to choose from at the lowest entry price in advance of the general public opening.

You will receive DIRECT & EARLY ACCESS to the best floor plans and pricing along with PRIORITY UNIT ALLOCATION


If you would like to discuss options please email us at tkonkina@rogers.com and we will get back to you within the next 24 hours.

Who is buying international property where?

Every overseas property professional wants to know where the real estate hotspots are around the world, so the Rightmove guide, Who’s Buying Property Where? for 2015/16 makes fascinating reading.

In addition, investor demand is rising significantly, with Rightmove seeing overseas inquiries rise by half over the last year.

Chris Please, Head of Rightmove Overseas, says, “We have seen strong positive growth in the market this year, with enquiries for international properties increasing by 50% compared with 2014. That positive momentum is also visible in the record number of survey responses we received, with over 4,000 people taking the time to complete our questionnaire.”

The top three countries where buyers aim to purchase property in the next year are Spain, France and Italy.

The top three regions are all from Spain, with Andalucía, Murcia and Valencia leading the way, ahead of the Algarve, Portugal, and Languedoc-Roussillon, in France.

The 54-page volume 3 of Who’s Buying Property Where? features data on major overseas countries, including age group of buyers, most popular property types, the origin of buyers, top destinations, reason for purchase and average purchase prices.

For the most popular countries, more data is provided and there is a word cloud illustrating the main reasons why investors are buying.

Aimee Valaitis, Rightmove Pricing and Product Analyst who compiled data for the report tells OPP.Today says there are a number of reasons why inquiries have risen by half.

“Firstly, the strength of the Sterling compared to the Euro in recent months means that buyers can get more for their money. Secondly, the pension changes which came into effect in April allows buyers to have access to more of their pension and some are choosing to buy property abroad. Finally, the UK election has provided more confidence for buyers.”

The report also has a section detailing buyer motivations, which says location is the most important buying factor for 66%, price 19%, condition of property 7% and agent reputation 6%.

So, why is the agent reputation figure not higher, we asked? “A lot of buyers looking to purchase a property overseas will be doing so for the first time. These buyers are likely to have a property in the UK so are used to working with UK agents. Agents in the UK work on behalf of the person selling the property and not the person buying. This is very different to agents overseas who will work with both the seller and the buyer.”

Aimee Valaitis says the report reveals interesting trends about the role of technology in buying – 73% of buyers say they find property through the internet, 65% through overseas agents, 13% UK agents, 11% exhibitions and 9% print – plus the details in the word clouds. Most buyers (85%) use desktop computers to search, with half (49%) using tablets and third (32%) mobiles.

“We feel that there are two very surprising findings from this report. Firstly, the number of buyers using mobile and tablet devices to search for property. Buyers are becoming more tech savvy so it’s import that we also keep up with this as an industry. We need to make sure websites, enquiry forms etc. are all mobile compatible so we can make the buying process as easy as possible.

“Secondly, we feel that the word clouds on the country overview pages perfectly demonstrate the inspiration behind buying a property overseas. These word clouds are the responses from buyers when we asked them what inspired them to buy overseas.

Spain = Weather
France = Lifestyle
Italy = Love
Portugal = People and
USA = Investment.”

The top 10 countries where buyers are looking to purchase a property within the next are: 

  1. Spain
  2. France
  3.  Italy
  4. Portugal
  5. United States of America
  6. Cyprus
  7. Ireland
  8. Greece
  9. Turkey
  10. Bulgaria
The top 10 regions are: 
  1. Andalucía – Spain
  2. Murcia – Spain
  3. Valencia – Spain
  4. Algarve – Portugal
  5. Languedoc-Roussillon – France
  6. Islas Canarias – Spain
  7. Poitou-Charentes – France
  8. Illes Balears – Spain
  9. Aquitaine – France
  10. Provence-Alpes-Côte d`Azur – France.

There were slightly more male buyers taking part (55% v 45%) and most buyers (41%) were aged from 55-64, with 29% from 45-54, 19% 65-plus, 11% from 30-44 and 2% aged under 30.Two-thirds of buyers purchasing in Spain are looking for holiday homes and 68% are cash buyers. Half of purchasers want to rent their home out when not in use.

In France, 55% are buying second homes with 70% being cash buyers and 59% looking to rent their homes.

There are 61% looking for second homes in Italy, with 59% paying cash and 65% wanting to rent their property when it is not being used.