AURA at College Park starts the New Year off with exciting developments! Fencing around the Yonge St. and Gerrard St. site in downtown Toronto is now up! Stay tuned for more updates on Canada's tallest condo.
Friday, January 8, 2010
Tuesday, December 8, 2009
Move-Up Buyers See Substantial Increase in Values at College Park
ReMAX Condos Plus Corp. Brokerage, one of the top real estate companies in Toronto, released their monthly condo market report today that highlighted units at College Park Phase 1 (a very successful Canderel Stoneridge condo development) on Bay Street in downtown Toronto.
They examined sales from 2008 and compared same sized units and price per square foot with today's market price. Some units that were sold last year have increased in value up to 26%.
For example, ReMAx examined a 1 bedroom + den unit at 720 s.f. with a locker and no parking sold this year for $490,000 or $680 s.f. Fourteen months ago the same unit sold for $338,000 - What an astounding increase in such a short period of time!
Their findings show that bigger units and higher floors are starting to attract premium pricing and are appreciating faster - the impact of move-up buyers. They also concluded that College Park Phase 1 has the highest price per square foot on the Bay Street corridor today.
Prices in College Park Phase I and Phase 2 are approaching the same values at AURA. Visit or call the AURA Presentation Centre today to take advantage of pre-construction pricing and availability.
Read the full Market Report by ReMAx Condos Plus Brokerage (December 8, 2009)
They examined sales from 2008 and compared same sized units and price per square foot with today's market price. Some units that were sold last year have increased in value up to 26%.
For example, ReMAx examined a 1 bedroom + den unit at 720 s.f. with a locker and no parking sold this year for $490,000 or $680 s.f. Fourteen months ago the same unit sold for $338,000 - What an astounding increase in such a short period of time!
Their findings show that bigger units and higher floors are starting to attract premium pricing and are appreciating faster - the impact of move-up buyers. They also concluded that College Park Phase 1 has the highest price per square foot on the Bay Street corridor today.
Prices in College Park Phase I and Phase 2 are approaching the same values at AURA. Visit or call the AURA Presentation Centre today to take advantage of pre-construction pricing and availability.
Read the full Market Report by ReMAx Condos Plus Brokerage (December 8, 2009)
Thursday, November 19, 2009
Home Sales Up 84% First Two Weeks of November
The Greater Toronto REALTORS reported healthy home sales for the first two weeks of November. Home sales are up 84% with 3,666 sales compared to the same time span the year before.
Tom Lebour, President for the Toronto Real Estate Board says, "Increased interest in ownership housing has been widespread throughout the GTA and across all housing types."
The mid-month report provides a compartive summary on November sales and average prices for 2008 and 2009 for the City of Toronto.
Read the full summary, GTA Realtors Report - Mid November Housing Figures (Toronto Real Estate Board, November 18, 2009)
Tom Lebour, President for the Toronto Real Estate Board says, "Increased interest in ownership housing has been widespread throughout the GTA and across all housing types."
The mid-month report provides a compartive summary on November sales and average prices for 2008 and 2009 for the City of Toronto.
Read the full summary, GTA Realtors Report - Mid November Housing Figures (Toronto Real Estate Board, November 18, 2009)
Monday, November 9, 2009
Sales of Luxury Homes Increase in the GTA
According to a Remax Ontario Atlantic Canada report, there were 1,706 luxury homes sales of $1 million or over in the greater Toronto area from January to September 2009, an increase of 1 per cent over the same period last year.
Amid a recession, the buyers of these million dollar homes are in fact local buyers. "A considerable shift is under way in the upper end," says Michale Polzler, executive vice president of Remax. "Conditions are more balanced across the board."
Read Tony Wong's full article "Sales of GTA luxury homes inch higher amid recession" (Toronto Star, November 3, 2009)
Amid a recession, the buyers of these million dollar homes are in fact local buyers. "A considerable shift is under way in the upper end," says Michale Polzler, executive vice president of Remax. "Conditions are more balanced across the board."
Read Tony Wong's full article "Sales of GTA luxury homes inch higher amid recession" (Toronto Star, November 3, 2009)
Saturday, October 17, 2009
The Preferred Collection: Exclusive Offer
AURA's Preferred Collection highlights the upper floors (56-70) and penthouse floors (72-74) of the building. Flowing layouts, fabulous finishes, superior amenities and never ending views are hallmarks of this impeccable collection of two bedroom plus den suites and penthouse suites in Canada's tallest condominium.
Now through November 15th, take advantage of exclusive incentives* for the Preferred Collection suites. Speak to a sales representative for further incentive details. Visit the sales office today for your personal tour.
Executive Suites: 2 bedroom + den suite ( 1319 sq. ft. ) starting at $887,000 (HST included)
Take a Virtual Tour
Penthouse Collection: 2 bedroom + den/library (2201-3055 sq.ft.) starting at $2.3 million (HST included)
View Penthouse Collection
*Terms and conditions apply. Offer ends November 15, 2009. See sales representative for details. E.& O.E.
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