Top Five Yorkville Investments for 2016
Here are our top five Yorkville Investments of 2016. The reason we picked these hand-selected Toronto developments is because, to us as investors, they represent unique value coupled with incredible upside potential. The price is to be collected by the smart investors who understand the heartbeat of the city and the financial aspects of these investment opportunities. Each and every development here offers excellence on every level. Construction quality, design, materials used, workmanship and ongoing service is how we evaluate Real Estate.
In a rich and rapidly growing city that Toronto is, investors must focus on projects that are unique as a piece of fine art and financially solid as a big bank. Moreover, design plays a crucial role in deciding the cash flows for rents and timely appreciation. The developments on our list will satisfy even the strictest investor who is seeking higher return on investment and low risk, put together as a piece of art that generates cash flow and appreciation.
There are very few buildings that answer all of our criteria, the ones in this article do. Take a good look at the options below and get back to us with any questions. We would love to hear from you.
33 Avenue Road is currently in pre-construction and is expected to be completed in 2017. It is a project by Empire Communities (The Modern on Richmond) and is designed by the Zeidler Partnership Architects, known for Trump Tower. This contemporary design will emphasize energy efficiency and sustainable materials. 33 Avenue Road stands out by incorporating luxury units that are more affordable than most of its Yorkville neighbours.
One Yorkville Condos is currently under construction and is expected to be completed by 2018. It is a new luxury tower developed by Bazis (E Condos and Exhibit Residences) and Plaza Corp (Musee Condos). The 4th and 5th floors will offer an impressive amount of amenities including an outdoor pool, spa and open-air terrace. The floorplan featured below is a large three bedroom corner suite with multiple balconies.
133 Hazelton is a luxury residence by Mizrahi Developments and designed by the architects at Page and Steel/IBI Group. The residence is located in the affluent area of Avenue and Davenport. The building is complete with high-end finishes including natural stone and marble flooring. Units start at a million and up. This is a modern art design that we believe will appreciate in value. Investing in a home like this is a rare opportunity.
181 Davenport is luxury residence currently in construction and will be the twin to 133 Hazelton. It is also by Mizrahi Developments and is expected to be completed in 2016. Avenue and Davenport is a very high-demand area to live, with many local amenities including some of the top restaurants and art galleries in the city. The neighbourhood is very close to many parks and walking trails as well.
346 Davenport is currently in pre-construction and is expected to be completed in 2017. It is a boutique building near Avenue and Davenport. The project is by Freed Developments, known for Thompson Residences and Fashion HouseCondos. 346 Davenport will contain a collection of 35 contemporary homes with units starting in the $800,000s, with most over a million. If you are the type who loves contemporary and simplistic design, we recommend this building for you.
277 Davenport is currently under construction and is expected to be completed 2016. Burnac Properties, known for South Hill on Madison and The Madison Lofts, is developing a one-of-a-kind boutique condo with 10 residences on 6 storeys. Prices start at two million for a half-floor suite. The floorplan featured below is a two-storey penthouse with a massive 2,500 square foot garden terrace. Would you like to come home to your own private zen garden everyday?