This is an excellent opportunity for contractors, renovators and “do it yourself” homeowners. • Excellent floor plan • No wasted space • High basement ceilings • Potential for 3 income properties • Quiet tree lined street • No neighbours to the south and west • Potential for up to 4 cars parking • Just under 2000 sqft. above grade • This is a big opportunity whether you are an investor or future homeowner looking for an income generating property.
Yonge and Queens Quay has looked dilapidated for as long as I can remember. Even today it looks neglected and lost. This new project by Pinnacle will change this area for the better. When finished there will be three condominiums and two office towers. At the base of the tallest building will be a City of Toronto Community Centre. This development is fitting for the start of the longest street in the world! This is my newest video One Yonge Street – Prestige Pinnacle. This project will have the tallest condo in Canada!
If you bought a condo in the downtown core for $500,000 on Dec 31, 2018 it would be worth $513,000 today! It’s hard to keep up especially if you are a first time buyer. It’s hard to save $13,000.00 in two months. What can you do? If you really want to get into the market, adjust your expectations if you have a limited budget. Once you are a homeowner it’s easier to size up in the future. The other thing you can do is petition your MP to have the stress test percentage reduced from 2%. If you would like more information on the stress test please contact me.
