By Cresford Developments
Bay & Wellesley
Cresford Developments is starting to make some real waves in the Toronto pre-construction. 990 Bay St (currently a bistro restaurant name Bistro 990), and 1000 Bay St (currently a parking lot), have been purchased by Cresford, with an eye to develop the site.
The project is now officially named "1 Thousand Bay, Condominiums on the Park", it will be a dramatic 32-storey sculptural glass tower, featuring around 400 residential units.
With a superb collection and winning combination of price, location and design, that includes, Five Condos at St. Joseph, Eleven Residences, The Nicholas Residences and Chaz on Charles, this new location at 990-1000 Bay St will definitely attract attention.
Prime Downtown Location
* 5 mins walk to Wellesley subway
* 8 mins walk to Bay subway (Bloor line)
* 5 mins walk to Bloor street shopping
* 4 mins walk to Queen's Park
* 7 mins walk to Yorkville restaurants
* 14 mins walk to Hazelton Lanes
* 11 mins walk to Toronto General
* 14 mins walk to Sick Kids
* 12 mins walk to University of Toronto
* 3 mins walk to Yonge street restaurants
coffee shops and pubs
Real Estate in the Neighbourhood
*The Five Condos (Yonge & St Joseph) was launched in 2010 (occupancy 2014), a 1 bedroom unit was sold at $331,900.
*A 1+den unit in the Five Condos was sold at $387,900.
*A 1 bedroom unit in the Eleven Residences (St Joseph & St Nicholas) is selling at $389,000 .
*Studio unit in the Nicholas Residences (St Nichloas & St Mary), occupancy 2013, was sold at $260,400.
*1 bedroom unit in the Nicholas Residences was sold at $343,900.
*2 bedroom unit in the Nicholas Residences was sold at $439,900.
*A furnished 1 bedroom unit in the Eleven Residences is renting at $3,000 per month.
*A bachelor unit in 1001 Bay St is renting at $1,300 per month.
*A 1+den unit in 909 Bay St is renting at $1,800 per month.
*A 2 bedroom unit in 909 Bay St is renting at $2,380 per month.
Dramatic 32-storey sculptural glass tower designed by award winning architects: Peter Clewes / architects Alliance
Modern, High Design Lobby, Interior Space & Amenities
24 Hour Concierge Services
9 foot ceilings in principal rooms
Floor to Ceiling windows
Smooth plaster ceiling
Extra deep spacious balconies
Choice of designer selected engineered wood flooring
Solid-core painted-finished suite entry doors
Custom-designed European-style kitchen
Choice of natural stone or quartz countertops
Choice of Ceramic tile backspash
State-of-the-art European-style stainless steel appliances
Marble countertops in master bedroom
Cultured marble countertop with basin in second bathroom
Full height ceramic tile bathtub surround with tiled skirt and shower surround
Wall-mounted frameless mirror
Front loading stacked washer/dryer
15th Floor Amenities
Fitness & weight rooms
Indoor/Outdoor Yoga area
2 luxuriously appointed guest suites
State-of-the-art European-style stainless steel
Lounge and dining room with kitchen facilities
Rooftop large outdoor terrace with BBQ deck
Stylish outdoor dining with fireplace
Extended Deposit Structure
$5,000 with the offer
Balance of 5% in 30 days
5% in 120 days
5% in 270 days
5% in 540 days
Parking only available on suites greater than $450,000
Maintenance Fees: $0.51 per sf + hydro
OCCUPANCY: May 30th, 2015
90% sold & commencement of construction
Development Levy/Charges Cap
$3,500 - studio, 1 bed, 1+den
$5,000 - 2 bedrooms
$7,500 - 3 bedrooms
Platinum Purchaser Cash Bonus
$5,000 closing credit
(for suites less than $450,000)
$8,000 closing credit
(for suites greater than $450,000)
Floor plans and pricing are now available! We have the 10/F and 25/F.
Call Us Now to reserve your units!