GTA Assignment

Sugar Wharf – Atlantic

  • $1,296,990
  • $1,362/sq ft
95 Lake Shore Blvd E, Toronto

Overview

  • Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 798
  • sqft
  • 2018
  • Year Built
  • GTA-R18016
  • Property ID

Informations

Price

Regular Price: $1,296,990
Original Purchase Price: Contact us for this information

 

IMPORTANT DATES
Original Purchase Date: Contact us for this information
Estimated Occupancy Date: Sep 2023
Firm Occupancy Date: Contact us for this information

 

OCCUPANCY FEE
Interim Occupancy Fee: Contact us for this information
Condo Fees: Contact us for this information
Property Taxes: Contact us for this information
Total Occupancy Fees: Contact us for this information

 

Description

Sugar Wharf Condos is an exciting new development by Menkes Developments Ltd., situated in the heart of downtown Toronto at Queens Quay E and Freeland St. Here are some reasons why you should consider owning a unit at this stunning new condo:

  1. Exceptional developer project in the downtown core, with proximity to Lake Ontario and all the waterfront has to offer.
  2. Direct access to the PATH network, and just a short walk to Union Station.
  3. Located in the thriving East Bayfront Revitalization area, surrounded by other major developments by some of the city’s top developers.
  4. Close to major employment hubs, making it an ideal location for young professionals.
  5. Onsite school, making it a great option for families.

The new Sugar Wharf community, featuring 5 residential towers, is situated on the site of the LCBO Headquarters on Queens Quay, and promises to be a sweet addition to Toronto’s Lower Yonge Precinct Area. Developed by Menkes and designed by architectsAlliance, this community is named in honour of the nearby Redpath Sugar Factory and Sugar Beach, both beloved local landmarks.

Phase 1 of the project includes two residential towers with a combined 1,927 units, a new 25-storey LCBO office tower, a park, and a low-rise retail building. Phase 2 will consist of three residential towers, built on a retail podium that will also house a public school.

Living at Sugar Wharf means being in the heart of a rapidly developing area, with access to some of the city’s best dining, shopping, and entertainment options. The new LCBO headquarters and storefront, along with thousands of square feet of retail and commercial space, will be connected through an extension of the PATH network, providing residents with a seamless indoor connection to the city’s largest underground pedestrian-only retail path.

With a walk score of 95/100, residents can easily walk to Union Subway Station and Go Transit in just 15 minutes. The 75 Sherbourne bus stops right outside the complex, providing access to the Bloor-Danforth subway line in under 20 minutes. The 504 King Streetcar runs 24/7, making it easy to get around the city day or night. For drivers, the Jarvis on/off ramp via the Gardiner Express Way is conveniently located just a few meters from home.

This is a great investment opportunity, with the Toronto Region Board of Trade reporting that the journey to work is a top consideration for young professionals when looking for a place to live. With 5.7 million sq. ft. of new office space under construction in the area, 200,000 workers in the Financial District just 8 minutes away, and 40,000 new jobs generated by the Toronto Waterfront transformation, Sugar Wharf Condos is perfectly positioned to appeal to a diverse range of residents.

With so much to offer, Sugar Wharf Condos is Menkes’ most attractive condo project yet. Don’t miss your chance to be a part of this exciting new community in the heart of downtown Toronto!

Area Amenities

Schools
George Brown College
Market Lane Junior and Senior Public School
St. Michael’s Catholic School
Aveda Institute
CMU College of Makeup Art & Design
Ryerson University
University of Toronto

Parks – Harbors – Beaches
Sherbourne Common
Sugar Beach Park
David Crombie Park
Berczy Park
Cherry Beach
Sugar Beach

Entertainment & Eateries
Water’s Edge Promenade
The Young People’s Theatre
Market Square Cinema
Air Canada Centre
The Eaton Centre
Market lane Community Centre
St. Lawrence Library
Loblaws
Against The Grain Restaurant
Moxie’s grill
St. Lawrence Market
LCBO

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Details

Updated on October 8, 2023 at 6:37 am
  • Property ID: GTA-R18016
  • Price: $1,296,990
  • Property Size: 798 sqft
  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 2018
  • Property Type: Residential

Additional details

  • Number of Storeys: 75
  • Total Number of Suites: 1927
  • Suites Starting Floor: 12
  • Number of Suites/Floor: 12
  • Floor Plans: 3
  • Ceiling Height: 9'
  • Price / sq ft from: $1,362
  • Parking Price: $105,000
  • Locker Price: $6,000
  • Architects: architectsAlliance
  • Amenities: Bar, Barbeques, Catering Kitchen, 24-Hr Concierge, Basketball Court, State of the art Fitness Centre, Hotel Styled Guest Suites , Rooftop lounge, Indoor hammock lounge, Games Lounge , Movie Theatre, Outdoor Terrace, Fire Pit, Two Storey lobby, Aerobic Studio, Spinning Room, Meeting Rooms, Art Studio, Music Room, Park, Party Room, Kids Play Area; Lego Room , Indoor Lap Pool, Terrace with BBQ and dining areas
  • Est. Maint: $0.65 / sq ft / month
  • Locker Maint: Request Locker Maint
  • Parking Maint: Request Parking Maint
  • Est. Property tax: 1% of the price / year
  • Notes: Hydro, Water, Heating/Cooling Metered Separately
  • Est. Occupancy: Jul 2022
  • VIP Launch: Jun 02, 2018
  • Public Launch: Aug 01, 2018
  • Total Min. Deposit: 15%
  • Deposit Notes: $10,000 Bank Draft on Signing Balance of 5% in 30 Days 5% in 180 Days 5% on Interim Occupancy Non-Resident Deposit: 35% 1% on Occupancy $20,000 Bank Draft on Signing Balance of 10% in 30 Days 10% in 180 Days 10% in 370 Days 5% in 720 Days 1% on Interim Occupancy
  • Development Levies: Capped Development Levies: Studio- 1 Bed Den: $12,500 2 Bed and larger: $16,800
  • Assignment Policy: Request Assignment Policy
  • Address 95 Lake Shore Blvd E, Toronto
  • City Toronto
  • Country Canada

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