Boutique and Discreet: Yorkville Toronto Luxury Condominium Buildings of Less Than 50 Suites

There are a handful of luxury condominium buildings in Yorkville Toronto that have less than fifty suites. Ownership has its privileges as privacy and discretion are built-in standard features of these luxury boutique buildings. Often times one does not know their exact location as their understated private entrances provide the only evidence that they even exist. Unlike their high-rise counterparts, the floor plans and architecture of the suites in luxury boutique buildings tend to be more original, personable and innovative and many suites occupy whole or half floors. Boutique luxury buildings also provide owners with an intimate living atmosphere. A smaller but more dedicated building staff can focus on the personal needs of each individual resident. However this privacy and discretion comes with a price tag. Living large in a luxury boutique building in Yorkville costs more. Maintenance fees are higher than in larger buildings as there are less unit owners to share in the costs of amenities and building upkeep.

No. 155 Cumberland Street Fifteen Suites Since the early 1960’s a unique two storey penthouse apartment stood atop the office tower at 130 Bloor Street West. Accessed from a discrete entrance on Cumberland, it belonged to philanthropists and society couple Rose and Noah Torno. The 10,000 square foot penthouse was designed in the modernist style of famous American architect Philip Johnson with large windows and large planes. In creating N 155 Cumberland Street, the development team retained the Torno two storey penthouse on levels 13 and 14 and built above it and below it creating high-end residences that mirrored the architectural design and quality of this original penthouse. Existing floors 11 and 12 were converted from office space into five condominium suites. Seven new levels, adding an additional nine suites, were also built above the original penthouse creating an irregular tower faced in limestone. Residents use the same private entrance that the Tornos did which opens to a luxurious lobby with two private express elevators. All suites feature large terraces or balconies and outdoor barbequing is permitted. Ceiling heights are eleven feet and the penthouse and sub penthouse levels feature twelve foot ceiling heights. Interior finishes were done by builder Joe Brennan with suites having floor to ceiling unobstructed windows and radiant in-floor heating. Amenities of N 155 Cumberland Street: Concierge, Security Guard, Visitor Parking.

The Hazelton Private Residences 118 Yorkville Avenue Sixteen Suites Residents can take advantage of all the amenities of the five star Hazelton Hotel including Mark McEwan’s “ONE Restaurant”. Hotel suites are located on floors 2 to 4. Private Residences are located on floors 5 to 9 and accessed by a private elevator for residents. All suites feature minimum ten foot ceilings and have full individual control of heating and cooling year around. The smallest size suite is 2815 square feet and the largest is the Penthouse at 8100 square feet. Amenities at The Hazelton: Twenty Four Hour Concierge, Valet Parking, Twenty Four Hour Room Service, Indoor Lap Pool, Full Service Spa and Fitness Centre, Private Screening Room and Meeting Facilities.

The Windsor Arms Condominium Residences 22 St. Thomas Street Twenty Four Suites Situated next to the stretch of Bloor Street designer shops known as the “Mink Mile”, the private residences are located above the four storeys of the Windsor Arms Hotel. The Windsor Arms Condominium Residences has its own separate street entrance with lobby and private elevators. Only two suites per floor, all units have nine foot six inch ceilings, individually controlled heating and cooling systems and fireplaces. Residents have access to all of the five star luxury hotel amenities including Courtyard Cafe, Club 22, Tea Room, twenty four hour room service, housekeeping, salon and spa services. Suites range in size from a single one bedroom suite of 1350 square feet with all other units over 2800 square feet and an almost 5000 square foot full floor penthouse. Amenities of the Windsor Arms: Twenty Four Hour Concierge, Valet Parking, Private Party Room, Swimming Pool and Steam Room, Exercise Room

Museum House 206 Bloor Street West Twenty Six Suites Currently Under Construction An exclusive and intimate building of limestone, metal and glass located across the street from the Daniel Libeskind designed Crystal of the Royal Ontario Museum. Maximum of two units per floor with some units occupying the whole floors. Like the 32 storey Exhibit Residences next door to it, Museum House’s suites are all oriented north and or south giving residents clear panoramic views. Ceiling heights are a minimum of ten feet and whole floor suites feature eleven foot ceilings. All suites have fireplaces and expansive outdoor terraces. Suites range in size from 1942 square feet up to the 2 storey 5620 square foot penthouse with 4 terraces, outdoor spa and a private interior elevator. Each residence is pre-wired for Bang & Olufsen audio and video. Amenities of Museum House: Twenty Four Hour Concierge, Valet Parking, Individual Elevator Access to Each Suite, Fitness Centre, Guest Suite, Boardroom.

The St. Thomas 2 St. Thomas Street Forty-eight Suites Pre-Construction Located on the south west corner of St. Thomas and Charles Street West, 2 St. Thomas Street will be a contemporary residential tower anchored by a two storey black granite podium designed by architect Hariri Pontarini. The two storey podium houses the party room, wine lounge, private dining room, business facility, catering kitchen and reading lounge. The indoor pool and fitness facilities are located on the third level. Suite ceiling heights vary from 10 feet to 11’6″ depending on the floor and the penthouse level features 12 foot ceiling heights. All suites include a minimum of one parking spot and residences over 1700 square feet have two parking spots. One storage locker is also included with each residence and located in the underground parking garage. A high efficiency air handling unit in each suite provides year-round heating and air conditioning. Units with terraces include a gas outlet for barbeques. In the event of a blackout, a stand-by generator provides up to twenty four hours of hot water and basic electrical power supply to each residence. All suites come with a gas fireplace, a built-in wall safe and Miele kitchen and laundry appliances. Suites range in size from 1373 square feet up to the full floor residences of 6217 square feet. Minto has plans to build Six St. Thomas, an 11 storey luxury rental residence just to the north of The St. Thomas. Amenities of The St. Thomas: Twenty Four Hour Concierge, Valet Parking, Doorman, Party Room, Wine Lounge, Private Dining Room, Business Facility, Catering Kitchen, Reading Lounge, Indoor Lap Pool with Outdoor Sun Terrace, Fitness Facilities, Two Furnished Guest Suites on 4th Floor.

No. 8 Sultan Street Twenty-five Suites Located directly across the street from the Windsor Arms Hotel, this is where Yorkville and the luxury designer shopping of Bloor Street meet. All suites at 8 Sultan have private balconies, gas fireplaces, nine foot ceilings. Penthouses are two level with ten foot ceilings and have private rooftop terraces. All suites include at least one parking spot and heating and air conditioning is provided by an engineered system that permits either heating or cooling to be activated in any season. Suites range in size from two bedroom 1178 square foot units to 3100 plus square foot penthouses. Amenities of 8 Sultan St: Concierge 1 pm to 9 pm daily, Fully Equipped Gym Accessed From Second Floor.

The Renaissance Court 164 Cumberland Street Thirty-one Suites While the Renaissance Court may not offer the extras in services and amenities of the luxury boutique buildings in Yorkville it makes up for in affordability as it provides a less pricier option for those on a smaller budget who like the idea of living in Yorkville in a smaller more intimate building. Ideally located just south of the Hazelton Hotel and next door to the Four Seasons Hotel, the entrance to this understated building is found on the courtyard walkway between Yorkville Avenue and Cumberland Street. The lobby of the Renaissance Court is located on the first floor and the units occupy floors four to seven and feature one and two bedroom suites. Sizes range from the smallest one bedroom of 1155 square feet to the largest suite made up of two units put together of over 3000 square feet. Many suites feature fireplaces. Seventh floor penthouse level suites have skylights and a few lucky units located on the fourth floor have terraces. Each unit has their own heat pump giving residents individual control of heating and cooling. At the Renaissance Court rental parking is available for all residents and there is also twenty four hour concierge.

A Review Of The Parvis Condominium In Holland Hill, Singapore

The Parvis condominium is located in the District 10 of the Holland Hill. With about 248 units and 12 storeys tall, you sure would be glad to wake in the morning looking at your window and seeing the best of the Holland Hill. The fact is, owning a condo is a whole lot easier than owning a house because you only have to decorate the interiors of your unit and then enjoy the common areas and amenities of the property.

If having shared walls won’t be a disadvantage to you, you will find yourself lucky as the exterior and common area repairs won’t be solely your responsibility. You can visit the Parvis Condo in 12 – 18 Holland Hill. The Developer is the Calne Pte Ltd. This freehold property is very safe and secure. You can just leave and go for a vacation or business trip anytime you want. The security features of the condo make it less desirable for strange people to thoughtfully mess them up.

The concept of a premium lifestyle has been exhibited by its interior and exterior designs, amenities, and utilities. Living comfortably on a tight budget is possible in the Parvis condo. To bring comfort in all that you do, you just need to live in a unit that already provides the kind of lifestyle you want. Also, the convenience stores and supermarkets are just a short walk away from the condo. This means never spending on gas in your life when there is a need to go to the grocery. The condo is located near:

  • Holland village
  • Commonwealth MRT station
  • Farrer road MRT station

Are you ready to view this place? The Parvis condo has an excellent layout in a fulfilling lifestyle. Remind your real estate agent to let you see the pool where you can sit and sip your drink and just relax for the evening. The facilities in Parvis Condo include:

  • Lap pool
  • Jacuzzi
  • Steam bath
  • Clubhouse
  • Gym
  • Multipurpose hall
  • BBQ pits playground
  • Fitness station
  • Tennis court

Just in case you want to know the area and the number of bedrooms, you can buy to as many as 4 bedrooms with a spacious 2,600 sq ft. The building comes with a 273 lots underground park.

• 2-Bedroom (51 units): 990 – 1,440 sq ft

• 3-Bedroom (100 units): 1,700 – 2,260 sq ft

• 4-Bedroom (76 units): 1990 – 2,600 sq ft

• Penthouse (21 units): 2,300 – 3,230 sq ft

What is so cool about this condo? The 4 bedroom unit comes with a private lift that opens into the foyer. The common lift is accessible through the kitchen back door.

Why buy a condo instead of a house and lot?

There is only one thing that comes into my mind – the amenities. The facilities and the amenities offered by condominiums are outstanding and you can only get this or maybe near to it if you are rich and earning a few thousand dollars in a month. You don’t have to worry about club memberships anymore as you would automatically become a member if you are an owner of a condo unit.

Advantages and Disadvantages of Living in a Condominium

Living in a condominium seems to be a good choice for people who like to be in the heart of the city. For many it is better than living in an apartment. Condominium living has so many great things to offer than an apartment. But let me tell you now, before you finally make a purchase, that living in a condominium is different from living in a single family home unit. This is mostly because of its particularities.

• Condominiums are located in the cities and when living in a condominium, you own the space between the walls of your unit and share ownership of the common areas with other owners, but you do not own the land where the building is built. You just share an interest in it with your neighbors.

• Most people who live in condominiums own their spaces. Therefore, you can have long term neighbors and build relationships with them, but you also have to share walls and common areas with them. If you are not a very social person, this could become a problem for you.

• Condominiums offer better security than apartments. Condominium buildings often have security features, be they buzzers or a guard service. Plus, you find it easy to leave the place for a trip or vacation knowing that you’ve got neighbors whom you are familiar with. The thing that you might find a problem is the sharing of amnesties with your neighbors and whenever there’s a association meeting, as a part of the community you have to show up, attain, and coordinate.

• Living in a condominium could be less expensive than living in an apartment, but with the maintenance and repair of the common areas, your monthly pay could go upward. You will be charge with the swimming pool fee, but you didn’t use it.

• More people, especially first time buyers prefer condominiums because it is less expensive than those residential single family homes. But in real estate market, when there’s a downfall, condominiums are the last to recover. Therefore, it will be hard to sell a condominium after a tough climate.

• In condominiums, you have access to gym, swimming pool, and other common areas that you would not be able to afford on your own. But the problem is, there’s what we call Covenants, Conditions and Restrictions (CC&Rs), a set of rules that forbids space owners to bring pets or make a renovation and many others.

I hope you found this article helpful in making decision whether you like to buy a condominium or go for a single family house.

Condominium Management Fees: The 5 W’s and a How

Management fees are generally in the top five of the highest expenses within a Condominium Corporation’s annual budget. As volunteers on the Board, you each have your own personal expertise, but require the assistance of a professional manager to guide your decisions, advise of your regulatory obligations and handle the daily tasks of administering the business of your property.

Who sets management fees? Like every industry, condominium management is a competitive field. Management companies will set the fees (often this is done on a “per door” basis), but its very important to understand what is included in the price quoted and more importantly, what is not included.

What do fees include? Be VERY cautious in researching this aspect – unfortunately you may not, or even worse, sometimes may, get exactly what you pay for.

– The first consideration should be not only the company’s experience, but that of their staff member assigned to your property as Manager – often, you will find companies with lower fees because they hire administrative professionals and “train” them to be managers – you will want more than you’re paying for in this situation if you care about your investment.

– A second scenario regarding lower fees involves “buying” your business – the first year contract will be at the low-end of the market, but significant increases will be implemented each year thereafter (while it may seem like a cost-cutting measure to do this the first year and then change to another company, you will cause no end of grief and substantial expense by constantly changing managers).

– The third situation involves a low monthly fee quoted up front, but remarkable extra charges incurred after the contract is signed – often, these are not even itemized – you will simply see hundreds of dollars in additional administrative costs on your financial statement each month. If and when you get an explanation of these costs, it is often a vague reply, citing photocopying, land titles costs, courier expenses, etc. While these are legitimate charges – make sure they are itemized, with copies of invoices or details attached. This practice will cost you many thousands of dollars more over the long-term than a slightly higher fee from another company with realistic monthly fees and transparent invoicing.

Where will we see the benefits of our management fees? You will see the benefits of hiring a reputable, ethical professional in your property values. Thorough, accurate financial and legislated record-keeping; attention to regular maintenance and replacement issues; enforcement of bylaws and an appropriate reserve fund will be worth far more to today’s savvy purchasers who often hire professionals to review the Corporation’s affairs in detail, prior to purchasing a unit in your property.

When should we be concerned about fees? Obviously, lower fees should set off some alarms; conversely, higher fees should be completely justified. The rule of thumb in any tendering process is often to throw out the lowest and the highest – where all factors are equal, this is the simplest method. Just be sure that you look very closely in comparing services, terms and critical practices as well as qualifications such as experience, consistency and prompt, regular communication.

Why should we research a variety of fees? Often higher-end or, the “good” companies, will offer flexible service contracts – if you have a 12 unit property – you may only need assistance on a consulting basis or perhaps partial management services. At the other end of the scale, a 400 unit high-rise with older bylaws, special assessments and multiple insurance claims, may opt for an all-inclusive, comprehensive full-service contract. Carefully review the services proposed for the price quoted and consider your needs – don’t pay for what you don’t need and make sure what you need is included and not priced as an extra – surprises in this regard are never pleasant.

How do we make sense of the fees? ASK the questions and be sure you get a satisfactory answer before you move forward. It’s always prudent to get answers in writing and if you’re uncertain about what to ask; speak to friends, family, colleagues or consult with the local professional organization or an industry advocate to get some ideas. Make sure you’re comfortable with a) the services offered, b) the apparent knowledge, experience and skill of the person appointed to your property and of course, c) with the fees proposed in relation to value for your money.

Remember that condominium management is not a creative process – there are some very set, critical tasks that must be accomplished by every manager. What you must consider, is the depth of knowledge, variety of experience, availability, commitment and professionalism that will allow you to be comfortable in trusting the guidance and assistance you’ll be paying for.