Lakeside Condos

Lakeside Condos is pre construction project coming up at lakeshore Blvd East, Toronto. Lakeside Residences project will feature 3 towers for the first phase ascending 49, 39 storeys and 14 storeys respectively in the Lakeshore Blvd. E and Lower Sherbourne area. Total 1148 luxury suites, the 49 storey tower will have 590 units, 39 storeys will have 376 units and the 14 storey 182 units.  First phase of Lakeside residences will be 14 storeys City suites & 39 Storeys Sky Suites.  This project by Greenland Group will feature a near perfect WalkScore (93/100) and TransitScore (100/100). With ready access to streetcars and buses, steps from your door but also the Financial District at your feet, this can be either a commuter’s dream or the end of commutes. This is one of the hottest places to own a condo, with values having skyrocketed here more than virtually any other part of the GTA.

If you take a look at Greenland’s previous project, King Blue, John Tory was at their groundbreaking ceremony. They have created one of the best condos with exceptional floor plans at perfectly affordable prices. When we are talking investment, you know that Lakeside Condos are going to knock it out of the park. Greenland is still a young company, but their work has been that is comparable to decades of experience.

Details of Lakeside Residences Condos-

• No. of floors – 14 (City Suites), 39 ( Sky Suites), 49
• No. of units – 182,  376,  590
• Suites Starting floor- TBA
• Number of suites/floor – TBA
• Development Name: Lakeside Residences
• Developer (s): The Greenland Group
• Architects – Hariri Pontarini
• Landscape Architect – Terraplan Landscape Architects
• Interior Designer – TBA
• Sq footage from – 460 to 815 sq ft
• Available in 1 BR, 1 BR+Den, 2 BR, 2BR+Media
• No.of Floor plans – TBA

Highlights- 

• Walking distance to everything in Toronto such as Union Station, St Lawrence Market, Toronto’s Waterfront, and George Brown College
• Near to Toronto’s Financial District; main hub for jobs
• Walking distance to Sugar Beach & Sherbourne Common
• Neighboring coming up Google Smart City; estimated 50000 new jobs will create huge employment and will increase value of these Towers
• 3.8 km from University Of Toronto (U of T; St George Campus)
• 3.1 km from OCAD University
• 2 km from Ryerson University
• Few Minutes to Gardiner Expy, and Don Valley Pkwy
• Close to all amenities shops, restaurants and schools
• Grocery stores No frills, Loblaws nearby
• Transit Score of 100/100
• Walk Score of 93/100

Information for Investors-

• Rentability – Neighborhood vacancy rates below 1% with less than 12 days on market
• Rental Appreciation – Rental rates appreciated an average more than 7.5 %  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area range with the following-

Studio – $1600 – $1750

1 Bedroom- $1900- $2150

1 Bedroom + Den- $ 2200-$2400

2 Bedrooms- $2875-$3300

2 Bedroom + Den- $2950 -$3400; Bigger Penthouses even rented higher

(These are last 90 days statistics from the date of updating this webpage)

Lakeside Residences Condos Video-

Renderings of Lakeside Condos & neighborhood  – 

Fabulous Amenities Outdoor Swimming Pool

Toronto Waterfont

Street Car and Other Transit at door steps; Transit Score 100/100

St Lawrence Market

The Entertainment District

Location of Lakeside Condos-  

Toronto, ON M5A 3W9, Canada

Walkscore of 215 Lakeshore Blvd E Toronto-

Amenities – 

24 Hour Concierge

Outdoor Pool at Top Floor of City Suites

Bike Parking

Rooftop Terrace with BBQs

Dining & Lounge Areas

Fitness Centre

Yoga Room

Party Room with Kitchen

Games Room

Residents Lounge with Meeting Tables

Indoor Children’s Play Room

Sauna Rooms

Many More

VIP Deposit Structure (Domestic) (Only 5% per year)-

$5000 on signing, Balance to 5% in 30 days

5% in 365 days

5% in 730 days

5% on January 15th, 2023 *

(Lake Suites – 5% on Jan 1st 2023, Park Suites- 5% on April 2022)

Maintenance fee

$0.59 per sq ft excluding Hydro and Water

Parking 

65,000

Locker

7500

Expected Tentative Occupancy

July 2022, 2023

Why to Choose Us as Platinum/VIP Broker for Pre Construction Projects???

• First access guaranteed
• VIP/Platinum Pricing
• Extended VIP Deposit structure
• Best Platinum/VIP Incentives
• Capped closing Cost (Project Specific)
• Expert advise for condo selection and better understanding of floor plans
• Free Mortgage approval; Wide network of Mortgage Consultants
• Free Lawyer Review of Agreement of Purchase (Conditions apply)
• Over above – Expert and Professional Services

Copyright © 2017. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted. For Further Information, Please contact Karambir (KB) Singh MBA, CSSBB, PMP Real Estate Salesperson & Platinum/VIP Agent, 416 948 4757, World Class Realty Point Brokerage