Friday, March 26, 2010

No Hot Water

There will be no hot water in The Icon, Wednesday March 31st from 9-5. Try and shower before as cold showers are no fun!

Monday, March 8, 2010

New Website Launched

We have officially launched our principal website! Check it out at http://www.condochicks.com/

Don't forget to contact us for not only your Icon needs, but all of your condo needs!

Thursday, March 4, 2010

New 1 Bedroom + Den Unit Coming Up for Sale

In a few weeks we will be listing a large 1 bedroom plus den unit on a high floor in the Icon.

Contact us for details!

http://www.condochicks.com/

Tuesday, March 2, 2010

King West is the Place to Be!

The condo market has demonstrated it’s strength in the past six months. With interest rates at an all time low, there is not enough inventory to satisfy buyer demand. The high demand areas in the City of Toronto such as the Bay Street Corridor, CityPlace and the Entertainment District are experiencing dramatic increases in the prices per square foot due to the increasing demand of buyers wanting to be in these locations. Just a year ago, some condos in these areas were selling for $450 s/f. You can’t find anything in these locations at that price point anymore. It is for that reason, that locations such as King West are gaining momentum.


Many may argue that King West extends as far as Liberty Village, which is not the case. “True” King West technically ends at King and Strachen. Over the past few years, King West has become recognized as a prime location for condo buyers. Even though it may not be as centrally located as condos east of Spadina, it is for this reason this location is grabbing the attention of buyers and investors. With buildings being zoned as low rises and an abundance of greenery, these aspects alone are very appealing to buyers.

Another factor that is appealing to buyers and especially investors, is the price per square foot. With buildings selling in the $300.00 s/f range just five years ago, owners in King West have made a great investment. With the average price per square foot now being over $500.00, investors are flocking to the area hoping that only in a short time, prices will catch up to the $550.00 s/f as condos in “prime locations.”

A lot of developers have started to jump on the King West opportunity. Recently, projects such as Art Condos and Minto at 775 King West have launched hoping to take advantage of the King West intrigue. Canderel Stoneridge, who is responsible for condo buildings DNA1 and DNA2 is planning on launching their third and final phase of their DNA series in the spring. Having essentially being one of the first to make it’s mark in King West, their third and final phase, DNA3 is expected to be one of the most sought out launches in the City. This final phase will be built in the old Chrysler parking lot, which is the last prime location in King West.

For information on the upcoming launch of DNA 3, or any other condos in the King West area, contact the Condo Chicks. http://www.condochicks.com/
Please contact us if you are looking to sell or buy a unit at The Icon Condo on Wellington