No. 31 Condos

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Project Overview

No. 31 apartment is a well-known developerLanterra DevelopmentsThe luxury apartment project launched is located near the junction of Parliament St. and Front St. E in Toronto, close to Toronto’s historic distillery district (The Distillery Historic District). In recent years, the City of Toronto has vigorously advocated and promoted the intensification and modernization of urban housing. As one of Toronto's most important cultural attractions, the historic distillery district has revived and become one of the popular markets for real estate investors. Gooderham & Worts Distillery, which was once the world's largest whisky producer, is now a gallery, cafe, and high-end restaurant. The entire community is antique and unique. According to the plan, the developer will work with various municipal departments to further optimize and improve the transportation routes and municipal facilities here, and introduce more retail, office, residential, education and entertainment facilities, so that the ancient brewery area will quickly rejuvenate after the opportunity to rebuild. Ranked among the most vibrant communities in Toronto.

No. 31The apartment is expected to be 39 floors high, with a total of 294 units, ranging from one-bedroom, two-bedroom to three-bedroom. The apartment is currently in the planning stage. Please contact us as soon as possible to give priority to choosing floors and apartment types for discount information.

Investment reasons

1. Community life is convenient, with high walking and cycling index.
No. 31The apartment is located in the historic distillery district (The Distillery Historic District). The renovated community in recent years is full of vitality and the surrounding facilities are complete. The walking index is as high as 90/100. With the introduction of corresponding supporting facilities in the plan, the walking index is expected Close to full marks. The apartment’s cycling index is as high as 99/100, and multiple dedicated bicycle lanes are connected to the main line, which is convenient for cyclists’ daily trips. It takes less than 10 minutes to reach downtown Toronto. During the day, you can visit St. Lawrence Market or Toronto Eaton Centre. At night, you can explore the wineries in the area, or go to Rogers Centre or Scotiabank Arena to enjoy a concert or sports event.

2. Convenient transportation, only 5 minutes drive to school or commute
No. 31There are many TTC bus and streetcar routes to choose from in front of the apartment, and within 25 minutes you can reach the downtown office area, the University of Toronto St. George Campus and many well-known universities in the surrounding area. It takes only a few minutes to drive into the Gardiner Expressway or Don Valley Parkway, and it only takes about 5 minutes to drive into the downtown office area.

3. An important part of the intensification and modernization of Toronto community housing, the investment potential is huge.
No. 31The apartment project is an important part of the urban housing intensification and modernization process that the Toronto City Government vigorously advocates and promotes. According to the plan, the developer will work with various municipal departments to further optimize and improve the transportation routes and municipal facilities here, and introduce more retail, office, residential, education and entertainment facilities, so that the ancient brewery area will quickly rejuvenate after the opportunity to rebuild. Become one of the most vibrant communities in Toronto, attract more people to work and live in the community, and promote the rise of housing prices and rents.

4. Toronto's lakeside area will be the hottest investment area in the next 20 years.
Toronto’s lakeside area has always been developed and managed by the Lakeside Management Company under the Toronto City Government to introduce partners. The company’s management is composed of three-level government officials, and none of them are idlers, such as the former Gao Michael Nobrega was once an executive of the OMER retirement fund for Ontario government workers. They are not only ambitious to boost the economy of the lakeside area, but also take this opportunity to make Toronto the world's most important innovation center, attracting more local and international investment. As one of the best cities in the world, Toronto has always been an investment target pursued by many large companies. After learning that Sidewalk Labs decided to withdraw from the "Google Smart City" project, Toronto Mayor Zhuang Deli publicly announced that Toronto will work with Ontario and the Commonwealth to promote the construction of Toronto's Lake District, continue to create new employment opportunities and economic development opportunities, and provide more Housing and better transportation. The lakeside area is still showing a huge development boom, many projects are under construction in full swing, and several are in the proposal stage. It is believed that the Lakeside Management Company under the Toronto City Government will soon find excellent partners to jointly develop the lakeside area. In the future, this lakeside community will have the world's top urban high-tech, and the future urban life mode will undergo radical changes.

5. Good rental prospects, considerable cash flow and high investment value.
No. 31The apartment is strategically located, close to the two branches of George Brown College, King Street and St. James Campus. Ryerson University and the University of Toronto St. George campus are not far from the apartment. In addition, for office workers, a 5-minute drive from the apartment or 25-minute bus ride to the city center office area. It is believed that after the completion of the apartment, there will be huge rental demand. In addition, in recent years, the Toronto apartment rental market has often been "difficult to find a house". Last year, the rental growth rate reached double digits. Therefore, buyNo. 31Apartments are a good investment choice.

6. The prosperous city and natural landscape, you can have both fish and bear's paws.
No. 31The apartment will have unbeatable views. To the north, you can overlook the old Toronto and its beautiful Victorian architecture, to the east you can see the lush greenery of Don Valley, to the south you can overlook the tranquil scenery of Lake Ontario, and to the west you can see the Canadian CN Tower.

Exclusive offer for VVIP stage
1. A one-bedroom unit starts at around 650,000, a two-bedroom unit starts at around 800,000, with $10,000 upgrade fund or a direct price reduction of $7,500 (Bonus Incentive). Choose one.
2. Free apartment management fee for 1-2 years.
3. Free transfer of uncompleted flats (market value of $5,000) is allowed, and only legal fees are charged.
4. The price of parking space is only $80,000, only for units of 770 square feet and above; Locker only sells $7,500, and the purchase needs to be waited for.
5. Free laminate flooring for all bedrooms.
6. Easy deposit payment plan: $2,000 at the time of contract, 30 days to make up the remaining part of the price of 5%; 5% within 90 days, 5% within 240 days, 5% within 540 days, and 2% at the time of delivery.
7. Deposit plan for overseas buyers: $5,000 at the time of contract, 30 days to make up the remaining part of the price of 7.5%; 7.5% within 90 days, 7.5% within 180 days, 7.5% within 270 days, and 5% upon delivery.

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Developer Information

Lanterra Developments originated from the whim of Mark Mandelbaum and Barry Fenton more than 20 years ago. These two elites in the real estate industry dream that the high-rise buildings developed by themselves can rise up in the city center of Toronto and become Toronto's iconic buildings. With design and architecture, the city's apartment life can also be elegant and full vitality. For more than 20 years, Lanterra Developments has led the apartment development market in downtown Toronto. Their business is not limited to apartment construction, but also includes overall urban design and planning, overall planning of mixed-use communities, creating sustainable green living, and breaking through cutting-edge environmental protection technologies. They have been working hard to make Toronto a new city in the future of the world.

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