Top Five Condos for Sale – Bay and College Corridor
These are the top five condos near Bay and College. We follow all new developments in downtown Toronto and have hand-selected a list of ideal units for your convenience. To us as investors, they represent unique value with incredible upside potential. These developments are near completion or have been completed in the past year.
Each building here offers excellence on every level. Builder reputation, design quality, materials used, workmanship and ongoing service is how we evaluate Real Estate. The Bay and College Corridor has several Universities within the area. With University of Toronto and Ryerson University nearby, the demand to live here is very high. Leasing out a one bedroom unit to students will generate a monthly rent of $1,700-$2,000. These units are for investors who see the benefit from cash flows for rents and timely appreciation.
Our top 3 criteria for strong investments:
- Convenience for Rentals
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1000 Bay Condos is a luxury residential tower developed by Cresford and was recently completed in February 2016. It is designed by architectsAlliance and features over 10,000 square feet of amenity space on the 15th floor.
U Condos is a two-tower condo development by The Pemberton Group. The development is designed by architectsAlliance and was completed in 2015. Both towers are located on the South West corner of Bay and St Mary St.
5 St. Joseph is a residential tower that was recently completed in January 2016 by Graywood Developments, known for the Ritz-Carlton. 5 St. Joseph has incorporated the original 19th-century brick facade of a heritage warehouse on the lower floors. The tower is designed by Hariri Pontarini Architects and won 2011 Project Of The Year & Best High Rise Building Design.
297 College St is a residential development by Tribute Communities. The contemporary design is done by Core Architects, known for Fashion House Condos and 75 Portland. It is expected to be completed in the fall of 2016.