I visited their sales office in the base of Central phase 1, and I looked at condos for the building they'll be constructing behind phase 2, which they have decided to call Hideaway. They are still selling some units in phase 2, but they are 1 bedroom+den that are between 600-700 sqft, costing between $310-340,000. Occupancy expected this autumn 2013.
The Hideaway (phase 3) will be ready in early 2015. They have a studio, called Blue Palace, that is 435 sqft and $217,900 (cheapest on their price list), with a terrace or balcony available. The largest is 852 sqft, 2 bedroom penthouse called Deseo, and is worth $381,900. In fact, some penthouses are two floors.
Parking is $35,000 for certain units, condo fees are $0.45/sf, it includes all utilities except for electricity, concierge, common expenses and a reserve fund contribution. Property taxes at 1.3%. 9 ft ceilings, but 10ft for 7 and up.
Ground floor will be retail, specifically the LCBO (taking up the entire space, I believe of phase 2).
I liked this project, particularly the Deseo unit, which has a terrace. It would suck to have a northern unit because you wouldn't get as much sunlight due to Phase 1, but it's still worthwhile. It's going to have decent finishing, it's a decent location for restaurants and, if the Bank Street BIA is successful, lots of fun shops and places to entertain oneself. It's near the 14 bus, but if you're willing you can walk several blocks to the LRT (too bad it isn't closer, though). There is space to park your bike, a storage space, and for the Hideaway, at least, a pool/ patio space. It is pet-friendly, as well.
They offered to take me up to a completed unit, but socially awkward me, I declined because the lady was taking another couple and I was still looking around.
(Please excuse the glare).
Hideaway by
Shel DeF on Flickr
Central 2 and Hideaway by
Shel DeF on Flickr
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