Top Five Condos For Young Urban Professionals
Where is the new generation investing in Toronto?
Today we are featuring the top five condos for young urban professionals in Toronto. These are residential buildings for the new generation of the workforce. They are located in areas where you can walk or transit to get to your downtown offices. The condos also have many amenities such as food and entertainment establishments nearby. These are residences ideal for the urban dweller.
The new generation of downtown professionals prefer condos that offer a unique experience coupled with artistic interior design. These are condos for the unique lifestyle and the entrepreneur.
For those who think in the long-term, these condos are also great investments. They are located in high-demand areas where Real Estate continues to boom. Investing in a condo will allow you to ride the economic wave to success. You could see significant capital gains within 5 years. You can also do really well by owning a condo and leasing it out to cover expenses as well as making a monthly profit. With several universities in the downtown core, the demand to live here is very high. Leasing out a one bedroom unit to students will generate a monthly revenue of $1,700-$2,000 for yourself.
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224 King West, also known as Theatre Park Condos, is a luxury tower by Lamb Developments. I like 224 King West because of its minimalist interior design with exposed concrete ceilings and high-end finishes. The location is superb, within walking distance of the Financial District. Toronto is at your doorstep and the city is your amenity.
111 Bathurst is a boutique condo by Harhay Developments, known for 875 Queen East. I like 111 Bathurst because of its location in the neighbourhood of King West, one of the most desirable places to live in Toronto. It is located on the North East corner of King and Bathurst with landmark establishments like The Hoxton and The Thompson Hotel just steps away.
11 Charlotte, also known as King Charlotte Condos, is a boutique condo by Lamb Developments (Theatre Park Condos). It is within the Entertainment District at the intersection of King and Charlotte Streets. I like 11 Charlotte because of its modern interior design and exceptional balcony views.
88 Queen, also known as 88 North Condos, is a residential tower by St Thomas Developments, known for One St Thomas. I like 88 Queen because of it’s central location and close proximity to anything you need. This remarkable development will enrich the Queen East neighbourhood into the lively urban hot spot where everyone wants to be. This is an excellent location to invest in as the neighbourhood continues to grow.
81 Wellesley is a residential development by Aragon Properties. 81 Wellesley is a beautiful building perfectly situated at the heart of Toronto’s downtown core. Expect quality finishes and well-designed units from this developer.