An exceptional opportunity to acquire a corner unit(NW facing) at one of North America’s preeminent intersections located at the south west corner of Yonge and Bloor in Toronto.
Opportunities for an ‘assignment’ are extremely rare with ‘The One’ let alone at this price point. Designed by the world renowned UK architects Foster +Partners and being developed by Mizrahi lend serious pedigree to this project. For the savvy investor this can be a ‘AAA’ asset in their portfolio immediately with present square foot sales at approximately $1900 CADand nearby in Yorkville the market is bearing upwards of$2500/ft CAD, this unit is available for a mere $1542/ft.
Not only is this an incredible investment opportunity where your client can realize an immediate lift on their investment, but currently, the most inexpensive unit available at The One is $2,548,000 for 1,352 Sqft, so this is not nearly as capital intensive at over $700,000 less.