EXECUTIVE HOMES REALTY INC., BROKERAGE

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1177 Danforth Avenue. Pre-Construction in Toronto

1177 Danforth Avenue

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EXECUTIVE HOMES REALTY INC., BROKERAGE

Phone:
905-890-1300
Fax:
905-890-1305

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PROJECT DETAILS

  •  Project Name: 1177 Danforth Avenue
  •  Builders: Sierra Building Group
  •  Project Status: Pre-Construction
  •  Address: 1177 Danforth Avenue,, Toronto, Ontario, Canada
  •  City: Toronto
  •  Main Intersection: Danforth Ave & Greenwood Ave
  •  Architect: Kirkor Architect + Planners
  •  Property Type: Mid Rise
  •  Building Size: 9 stories
  •  Number Of Units: 98
  •  Location: 1177 Danforth Avenue, Toronto, ON
  •  Price: Complete Registration to Reveal Pricing

Overview

1177 Danforth Avenue is a new condo development by Sierra Building Group currently in preconstruction at 1177 Danforth Avenue, Toronto. The development has a total of 98 units.

Features

Fortress Real Developments and Sierra Building Group have partnered on a mid-rise development site located at 1177 Danforth Avenue, located on the southwest corner of Greenwood Avenue and Danforth Avenue. The condominium apartment project designed by Kirkor Architects will consist of a 9-storey mid-rise condominium with 98 units, with an average unit size of about 740 sf, and a targeted average price of around $400,000.

A lack of suitable development sites has prevented the Danforth from attracting developers and high-density projects, as opposed to a lack of demand in the area. Investors continue to show interest in the pre-construction condominium market, as the rental marketplace remains tight, and rental rates continue to escalate. Currently developments like The Greenwood – well-priced, well-located in the former City of Toronto, along transit lines, are outperforming suburban projects. The Greenwood development will likely attract an even mix of investment buyers and end-users, with its transit friendly location in an underserved neighbourhood.

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EXECUTIVE HOMES REALTY INC., BROKERAGE

Phone:
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Fax:
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