Canada: from €130,000 Apartments from €130,000 in Toronto's College Park area are selling from plans through Hamilton Osborne King's overseas department.
This agency has an option to sell 10 one-bedroom apartments located on the upper floors of the south tower, one of two sleek high-rise buildings with views over downtown Toronto.
Specification is strong with a tall two-storey entrance lobby, natural stone floors, high ceilings and wall panelling. A 24-hour concierge service will control access and plans are afoot for a landscaped roof garden.
With the strength of the euro against the Canadian dollar and a thriving rental market, Toronto is being touted as a good location for investment. Prices range from €130,000 to €140,000 for one-bed units of 54-57sq m (580-615sq ft). This includes fittings such as wood floors, marble vanity units and deep tubs in main bathrooms, granite countertops and mirrored splashbacks. In addition, a recreation centre will feature an exercise room, indoor swimming pool, whirlpool and steam rooms. Other residents' facilities include a lounge and party room with home theatre system and bar. Sports fans will have the use of a virtual golf centre and billiards and games rooms.
Completions are expected in November 2007. Parking spaces can be bought at €15,456 and a storage locker costs €1,546. College Park was the Eaton retail chain's flagship store 75 years ago. Soaring to 45 storeys, this new edifice of stone, steel and blue glass will reflect the area's Art Deco history. The developer is the Canderel group.
Right outside the site is a three acre park with a fountain in summer and skating rink in winter. There is subway and rail access from the building to the entire downtown core.
