Phoenix Condos

Phoenix Condos is a new condo project by Empire Communities and is currently in pre-construction. Phoenix Condos will be located at 251 Manitoba Street,Toronto. Empire Phoenix Condos will be two towers of 29 & 11 storeys with 499 units.It offers quick and easy access to downtown Toronto. With its very prime location, Empire Phoenix condos offers all the comforts at users doorsteps like very easy access to highways, beauty of nature like lake Ontario, parks and Toronto skyline, close access to one of the biggest retail malls in Toronto, schools and colleges makes it and ideal situation to call it a home.

 

 

Details-

• Development Name – Phoenix Condos
• Developer (s) – Empire Communities
• Architects – Graziani & Corazza Architects Inc
• Interior Designer – Figure 3
• No. of floors – 29 & 11 Storeys
• No. of units – 499
• Suites Starting floor- 06
• Number of suites/floor –TBA
• Sq footage from – 510 to 1490 sq ft
• Available in- Studio, 1BR, 1BR+Den, 2BR, 2BR+Den, 3BR

 

Highlights –

• 2 Minutes to QEW
• 3 Minutes to Mimico Go Station
• 11 Minutes to Kipling Subway Station
• 21 Minutes to Ryerson University
• 24 Minutes to University of Toronto
• Minutes away from Humber Bay Part East & West which offers beautiful view of Lake Ontario Toronto Skyline from across the lake 
• Minutes drive to Trillium Health Partners – Queensway Health Centre
• Close to Grand Avenue Park and Manchester Park and Toronto Public Library
• Few minutes to Humber College Lakeshore Campus
• Close to Hwy 427, QEW
• Close to Sherway Gardens and Dixie Outlet Mall with brand name stores
• Near to IKEA, Costco, Loblaws, LCBO, Goodlife Fitness, and many other amenities
• Close to shops, restaurants, schools & hospital
• Walk Score 80/100;  Very Walkable
• Transit Score 74/100; Excellent Transit

Information for Investors-

• Rentability– Neighborhood vacancy rates around 1% with less than 12 days on market
• Rental Appreciation– Rental rates appreciated an average more than 6%  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area are following-
  1 Bedroom- $1695- $2200; Median- $1800, Days in market (Median)-7
  1 Bedroom + Den- $1750-$2700, Median- $2050, Days in market (Median)-11
  2 Bedrooms- $2095-$3490; Median – $2400, Days in market (Median)-17
  2 Bedroom + Den- $2450- 3000; Median – $2650, Days in market (Median)-7

(These are last 90 days stats from the date of updating this webpage i. e. May 02, 2018; future leasing rates will move up)

 

Renderings of Phoenix Condos –

 

 

 

 

 

 

Location of Empire Phoenix Condos –

Etobicoke, ON M8Y, Canada

 

 

Walk Score of Phoenix Condominiums –

 

Suite Finishes-

• Laminate Flooring
• Stone Kitchen Counters
• Stainless Steel Kitchen Appliances
• Stacked Washer & Dryer

Amenities include:

• Outdoor Pool
• Luxurious Party Room
• Fitness Centre
• Pet Wash Station
• Fully Equipped Exercise Facility with views of High Park
• Childrens Play Area
• BBQ areas
• Guest Suites
• 24 Hour Concierge

VIP Deposit Structure-

• $10000 on Signing Balance to 5% in 30 days
• 5% in 90 days from the date of signing
• 5% in 120 days from the date of signing
• 5% on Occupancy

Maintenance fee

$0.54 per sq ft (Hydro and water excluded)

Parking

$35,000 per standard parking space, limit of 1 parking per unit

Locker

$5,000 per locker, limited number of lockers available

Expected Tentative Occupancy

November 2021

Platinum Incentives (LIMITED TIME)

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

• First access guaranteed
• Platinum/VIP Prices
• Extended Platinum Deposit structure
• Best Platinum/VIP Incentives
• Capped closing Levies (Project Specific)
• Expert advise for condo unit selection and better understanding of floor plans
• Make you familiar with the process including important dates and closing costs
• Reviewing the Purchase and Sale Agreement before signing & making amendments, if necessary
• Free Mortgage approval; Wide network of Mortgage Consultants
• Free Pre delivery Inspection for our clients to check everything before possession
• Free Lawyer Review of Agreement of Purchase (Conditions apply)
• Refer to Lawyer at closing; team of lawyers available to serve our clients
• Over above – Expert, honest and Professional Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright © 2018. 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