48 Power St – Home by Great Gulf
Reserve Your Suite Today
48 Power St, also known as Home by Great Gulf, is an exciting new project coming to downtown Toronto’s East End. It is located at the intersection of Power and Adelaide St. This location is very popular among locals who want to live near their downtown offices. For investors, this is a great development to get into. Excellent location, abundant amenities and more businesses are moving to the area. We see value in this neighbourhood due to addition of residential and business developments. It is also less expensive then condos on Yonge St. Sales for available units start from the $300’s.
We have VIP access to many pre-construction condo projects before other agents and the general public. VIP access provides you with an opportunity to secure the best floor plans, levels, pricing and incentives.
Priced from:
- 1 Bed – $300s
- 1 + Den – $380s
- 2 Beds – $480s
- 3 Beds – $550s
The Location, minutes to:
- Distillery District
- Downtown
- George Brown College
- Ryerson
- DVP/Gardiner
- St Lawrence
Reserve Your Suite:
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48 Power St stands at 21 storeys and is comprised of approximately 446 units. Units range in size from studio to three bedroom suites. Some of the units feature custom designer kitchens, 9 foot ceilings and large private terraces.
Building amenities include:
- Party Room
- Fitness Centre
- Yoga Studio
- 24 Hour Concierge
- Underground Parking
From an investment perspective, this development is located in a high-demand area where Real Estate continues to grow. Condos are appreciating at a rate of 6-10% annually according to Toronto Real Estate Board (TREB). A $300,000 condo today could be worth over $400,000 in 5 years. This is a realistic prediction.
It is also very common to lease out your condo. With several universities in the downtown core, the demand to live here is very high. Leasing out a one bedroom unit to students will generate a monthly revenue of $1,600-$1,800 for yourself. We have helped many investors find qualified tenants as a service we provide to our clients. Ask us about our Rental Guarantee Program.
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