From $619,990 - $1,189,990
Why We Chose This Project:
Investing in Allure Condos can be a lucrative opportunity for several reasons:
Location: Allure is located in downtown Toronto, which is a prime real estate market with strong demand and limited supply. The area is well-connected with access to public transportation, amenities, and employment opportunities, making it attractive to renters and buyers alike.
Potential for Appreciation: The value of properties in downtown Toronto has historically appreciated over time. Investing in Allure Condos could potentially lead to capital appreciation, allowing investors to benefit from the increasing value of their property.
Rental Income: With its desirable location and high-quality amenities, Allure Condos are likely to attract tenants willing to pay premium rents. This can provide a steady stream of rental income for investors, helping to offset the costs of ownership.
Developer Reputation: EMBLEM, the developer behind Allure Condos, has a strong reputation for building high-quality properties. Investing in a development by a reputable developer can provide investors with confidence in the project's success and long-term viability.
Amenities and Features: Allure Condos offer premium finishes, breathtaking views, and a range of amenities, making them attractive to potential tenants or buyers. These features can help investors attract and retain tenants, increasing the property's rental or resale value.
Diverse Unit Options: Allure offers a mix of one-bedroom, two-bedroom, and three-bedroom units, catering to a wide range of potential tenants or buyers. This diversity can help investors appeal to a broader market and reduce vacancy risks.
Market Demand: Toronto's real estate market has shown resilience and continued growth, even in challenging economic times. Investing in Allure Condos allows investors to tap into this strong market demand and benefit from the city's overall growth and development.
Overall, investing in Allure Condos can be a strategic move for investors looking to capitalize on Toronto's dynamic real estate market and secure long-term returns.
The neighborhood around King St E & Sherbourne St in Toronto offers several strategic advantages, especially considering its proximity to the Entertainment District in downtown Toronto:
Accessibility: The area is well-connected to public transportation, with TTC streetcar routes and future access to the Ontario Line. This makes it easy for residents to commute to other parts of the city.
Entertainment and Dining: The Entertainment District, known for its theaters, restaurants, and nightlife, is just a short distance away. Residents of King St E & Sherbourne St can enjoy easy access to a wide range of entertainment options.
Cultural Attractions: The neighborhood is close to cultural attractions such as the St. Lawrence Market, the Distillery District, and the Toronto Sculpture Garden, offering residents a rich cultural experience.
Shopping: The area boasts a variety of shopping options, including boutique stores, specialty shops, and major retailers, providing residents with convenient access to shopping amenities.
Green Spaces: King St E & Sherbourne St is close to several parks and green spaces, including St. James Park and David Crombie Park, providing residents with opportunities for outdoor recreation and relaxation.
Job Opportunities: The proximity to the downtown core means that residents have access to a wide range of job opportunities in various industries, including finance, technology, and hospitality.
Investment Potential: The area\'s strategic location and ongoing development make it a promising investment opportunity. Properties in the neighborhood have the potential to appreciate in value over time.
Community Amenities: The neighborhood offers a range of community amenities, including schools, healthcare facilities, and recreational centers, providing residents with everything they need for a comfortable lifestyle.
Overall, the neighborhood around King St E & Sherbourne St in Toronto offers strategic advantages, including accessibility, entertainment options, cultural attractions, shopping amenities, green spaces, job opportunities, investment potential, and community amenities, making it an attractive place to live and invest.
Allure Condos, located at the corner of King St E & Sherbourne St in Toronto, is a new condo development by EMBLEM designed to blend seamlessly with the present and future community. Rising 43 storeys high, Allure boasts 509 units, including one-bedroom, two-bedroom, and three-bedroom units, all featuring premium finishes and stunning city views.
Situated at the northwest corner of King Street East and Princess Street, Allure is not just a condominium but a community hub, merging historical elements with contemporary design. It stands as a symbol of sophistication and presence, offering residents a luxurious downtown living experience.
One of the standout features of Allure is its prime location, which places residents at the heart of Toronto\'s burgeoning growth. The comprehensive transit system, including TTC streetcar routes just a minute away, provides unparalleled access to the city. Additionally, the upcoming Ontario Line will further enhance connectivity, with transit service available every 90 seconds, ensuring that all of Toronto is within easy reach.
Downtown Toronto is renowned for its vibrant atmosphere, and Allure\'s location is no exception. Comparable to major global cities like New York and London, Toronto offers a plethora of amenities and opportunities, providing residents of Allure with an unparalleled urban experience.
EMBLEM, the developer behind Allure, is a GTA-based company specializing in high-rise buildings. With a portfolio of over 1,600 homes built or under construction, valued at over $1.1 billion, EMBLEM is known for its commitment to timeless design. They believe that simplicity and luxury go hand in hand, creating spaces that are not only aesthetically pleasing but also a wise investment.
Project Specification
Number of Storeys 43
Total Number of Suites 509
Floor Plans 9
Suite Size Range 428 - 846 sq ft
Ceiling Height 9\'-12\'
Price / sq ft from $1,290
Parking Price $129,990
Total Min. Deposit 20%
$10,000 on Signing
Balance of 5% in 30 Days
2.5% in 366 Days
1.25% in 540 Days
1.25% on January 5, 2028
10% on Occupancy
Tips to Maximize Profit
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