Introducing the newest release at Notting Hill Condominiums, a thoughtfully designed master-planned community in Toronto’s west end. With prices for 1-bedroom suites starting in the low $400’s (below $900 per square foot), we haven’t seen prices this competitive in a Toronto pre-construction development since 2018.
Now is the time to take advantage of rarely available “lockdown” incentives - extended 2-year deposit structure, free assignment, discount on parking, and capped development levies. With all the desirable amenities of a master-planned community featuring a new public park, a retail street, shops, restaurants in the area, and with the Eglinton Crosstown LRT nearby, there is significant value potential.
And with closing expected in 2024, now is the time to secure today’s pricing while your investment appreciates as the market recovers and grows over the next 4 years.
Master-planned developments have proven to deliver significant value appreciation to investors as the community is built in phases over the next 10 years. As an example, over a 10 year period, the price per square foot of the master-planned community of Cityplace has appreciated by 161%, while comparable resale condos in the same MLS district appreciated by only 108%.
STRONG CONNECTIVITY
Only a short bus ride to the upcoming Mount Dennis LRT station and connecting to the entire 25-stop Crosstown network, residents of Notting Hill will have swift access to the subway network including Yonge & Eglinton and Union Station. Plus, robust other transit options include Royal York subway station, TTC buses, the UP Express as well Highway 427 that connects to Highway 401 and the Gardiner Expressway.
REPUTABLE DEVELOPER
Developed by the award-winning Lanterra Developments, a multi-generational firm that has established a reputation as a company that builds landmark mixed-use residential communities in prime locations across the GTA. Renowned for their thoughtful architecture, beautiful landscaping and attention to the public realm, Lanterra is recognized as a leader in Toronto’s city building community.
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