15 Jun This Toronto condo developer plans to sell units for $2,500/sqft.
Original article via Toronto Storeys. Click here to read.
When a Toronto condo is selling for more than $1,000 per square foot it’s enough to make headlines. So how about units priced at close to triple that?
Toronto developer Lanterra plans to launch sales at its Yorkville high-rise project 50 Scollard Condos in the $2,500-to-$2,800 per-square-foot range, a source with close knowledge of the project tells Toronto Storeys.
The 41-storey tower, located on the northeast corner of Bay and Scollard Streets just south of Davenport Road, is a boutique high-rise with 64 condos. The smallest units measure 2,500 square feet.
That would peg the starting price at 50 Scollard at around $6.25 million.CLICK FOR THE FULL ARTICLE