Investment Insight
Total Page:16
File Type:pdf, Size:1020Kb
SOUL CONDOS INVESTMENT INSIGHT BUFRILDINGA GROUPM Developer: FRAM Building Group Architect: Core Architects Landscape Architect: Baker Turner Port Street Market in Port Credit Riverhouse in East Village, Calgary Interior Designer: Union 31 Project Summary FR A M Phase 1: 2 buildings BUILDING GROUP w/ 403 units, 38 townhomes Creative. Passionate. Driven. This is the DNA of FRAM. Phase 2: 3 buildings An internationally acclaimed company that’s known w/ 557 units, 36 townhomes for its next level thinking, superior craftsmanship, bold architecture and ability to create dynamic Community: 7.2 Acres of new development lifestyles and communities where people love to live. 1 Acre public park A team that’s built on five generations of experience, professionalism and courage with a portfolio of over GODSTONE RD 11,000 residences across the GTA. 404 KINGSLAKE RDALLENBURY GARDENS North Shore in Port Credit First in East Village, Calgary FAIRVIEW MALL DR DVP, 401 INTERCHANGE FAIRVIEW MALL DON MILLS RD DON MILLS SHEPPARD AVE EAST 401 DVP SOUL CONDOS 3 A DYNAMIC, MASTER-PLANNED COMMUNITY AT FAIRVIEW Soul Condos at 150 Fairview Mall Drive is part of a dynamic master-planned 7.2 acre new development with a 1 acre public park. This community is destined to become a key landmark in this vibrant and growing North York neighbourhood. ACCESS ON RAMP TO DVP / 401 INTERCHANGES DVP FAIRVIEW MALL ACCESS OFF RAMP FROM 404 FAIRVIEW PUBLIC LIBRARY FAIRVIEW MALL DR GODSTONE RD 404 ALLENBURY GARDENS N SOUL CONDOS 5 URBAN LIFestyle • Shopping and restaurants right REASONS TO across the street • Fairview Mall across the street 3 • Surrounded by parks, Fairview INVEST HERE Public Library and a theatre NeigHBourHOOD Vision Employment GROWTH 5 • 2.5 x more jobs per hectare than GTA • Dynamic, master-planned community • Property values expected to increase • Over 30,000 jobs within 6-minute radius • Multi-phased project • Close to two major employment districts; 4 Consumers Road Employment District and 1 Steeles & Victoria Park Business District Prime Location Education • One of Toronto’s exclusive “Gateway Hubs” • Seneca College 7 minutes away • Transit Score: 84, Walk Score: 84 • Surrounded by elementary and • 7-minute walk to Don Mills Subway secondary schools 2 • Direct access to major highways 5 • Subway to major universities; University of Toronto, Ryerson and York University SOUL CONDOS 1 NeigHBourHOOD Vision YOUNG, VIBRANT & GROWING. FAST FACTS • First phase in a dynamic, master-planned community • Property values continue to increase • Multi-phased project Population Demographics 2011 Population by Age Group Don Valley East Ward 33 30 25 20 15 10 5 0 0-14 15-24 24-44 45-64 65+ • The majority of residents are between the ages of 24 and 44. 5% • Area is emerging as a young and vibrant place to live. 4% 3% % Growth in the Number of Households 2% 1% 0% 2004 2005 2006 2007 2008 2009 2010 • Don Mills-Sheppard area has shown 2% growth in households between 2004 and 20092. 1Metrolinx. (2012). Don Mills – Sheppard Mobility Hub Profile. Retrieved from http://www.metrolinx.com/mobilityhubs/en/map/mobility_hubs_map/MHP_DonMills-Sheppard.pdf 2Metrolinx. (2012). Don Mills – Sheppard Mobility Hub Profile. Retrieved from http://www.metrolinx.com/mobilityhubs/en/map/mobility_hubs_map/MHP_DonMills-Sheppard.pdf SOUL CONDOS 9 5% Property Values on the Rise FINCH 4% Property Values for BAYVIEW • Since the Sheppard Subway opened VILLAGE 3% Bayview Village Area AREA in 2002, property values increased by 151% between 2001 and 2006 in the DON VALLEY NORTH YORK CENTRE KINGSLAKE 500,000 151% nearby Bayview Village Area before increase developments started around the Don 3 Mills Subway Station . BESSARION BAYVIEW LESLIE SHEPPARD-YONGE DON MILLS 450,000 • Trends have shown that property values increase along major subway lines SHEPPARD SUBWAY LINE PARKWAY 400,000 FOREST 2001 2006 YONGE SUBWAY LINE Highest Property Values in the Surrounding Area 500,000 Kingslake City of Toronto 400,000 Parkway Forest $ Property Don Valley Centre Values 300,000 200,000 100,000 1996 2001 2006 PRESENT Year • The area has seen an average • In 2006, property values north of Sheppard Avenue East in the Kingslake Census Area were increase of 8% in property values $50,000 higher than the average for the City of Toronto, $200,000 higher than the area south in 2014 versus the same period of Sheppard Avenue East in Parkway Forest, and $100,000 higher than in Don Valley Centre, the year before, with average west of Don Mills Road4. house prices at $566,2345. 3 PROPERTY VALUES 2014 Lee, M. (2010). Analyzing residential land use impacts along the Sheppard subway corridor. Waterloo, Ontario: University of Waterloo, p.124. 4Lee, M. (2010). Analyzing residential land use impacts along the Sheppard subway corridor. Waterloo, Ontario: University of Waterloo. 5The Globe and Mail. (2012, updated 2014). Exclusive: How much are homes in Toronto neighbourhoods? Retrieved from http://www.theglobeandmail.com/life/home-and-garden/real-estate/ exclusive-how-much-are-homes-in-your-toronto-neighbourhood/article4520994/ SOUL CONDOS 11 Metrolinx Gateway Hub 2 Prime Location • Don Mills-Sheppard is identified CONNECTED TO 401, 404, by the Provincial agency responsible for transit as a TTC and DOWNTOWN Gateway Hub, one of only 21 Don Mills-Sheppard identified in the City of Toronto Mobility Hub • Don Mills-Sheppard area will FAST FACTS be a focus for future investment • Don Mills/Sheppard is one of only 21 Gateway Hubs in Toronto DON MILLS DON MILLS • Area to be focus of Government and City investment to improve transit infrastructure in transit infrastructure and • Transit Score: 84, Walking Score: 84 development by the Province of • Bus at doorstep. Subway approximately 7-min walk Ontario and the City of Toronto 5,280 7,740 people end their trip people start their trip N in Don Mills-Sheppard in Don Mills-Sheppard every morning 7 every morning8 A+ for Accessibility GODSTONE RD • Transit score 84 404 • Bus at doorstep, approximately KINGSLAKE RDALLENBURY GARDENS 7-minute walk to subway SOUL CONDOS • Don Mills Station is a major 404 transfer point connecting the FAIRVIEW MALL DR DVP, 401 INTERCHANGE east end of Toronto with the FAIRVIEW MALL Sheppard Subway Line, as well DON MILLS RD as VIVA bus services from York Region6. • 5,280 people end their trip at DON MILLS Don Mills – Sheppard every SHEPPARD AVE EAST morning, 74% by car; 13% by transit7. • 7,740 people start their trip at DON MILLS Don Mills – Sheppard every 401 Sheppard Ave morning, 56% by car; 32% by transit8. • Direct access to Highways 404, 401 and DVP DVP • Pedestrian-friendly neighbourhood with majority of amenities within walking distance 6Metrolinx. (2012). Don Mills – Sheppard Mobility Hub Profile. Retrieved from http://www.metrolinx.com/mobilityhubs/en/map/mobility_hubs_map/MHP_DonMills-Sheppard.pdf 7Metrolinx. (2012). Don Mills – Sheppard Mobility Hub Profile. Retrieved from http://www.metrolinx.com/mobilityhubs/en/map/mobility_hubs_map/MHP_DonMills-Sheppard.pdf 8Metrolinx. (2012). Don Mills – Sheppard Mobility Hub Profile. Retrieved from http://www.metrolinx.com/mobilityhubs/en/map/mobility_hubs_map/MHP_DonMills-Sheppard.pdf 13 BUS LINES • 24 Victoria Park 0.1km • 167 Pharmacy North 0.1km 3 min 2 min 1 min 2 min • 224 Victoria Park North 0.1km • 90B Leslie 0.3km • VIVA Green 0.3km 10 min • 169 Huntingwood 0.1km • 85 Sheppard East 0.1km • 385 Sheppard East 0.1km • 90 Leslie 0.3km 8 min • 10 Van Horne 0.3km CAR SHARES • Zipcar locations at 8 min Fairview Mall, Seneca College and Leslie Subway Station 25 min BILLY BISHOP 5 min Toronto Island Airport DistancES TO KEY PLACES RAIL LINES • Line 4 Sheppard Subway 0.4km • Richmond Hill GO Train 2.2km • Commute to Downtown Toronto: 16 mins by car; 41 mins by transit Taking transit to work downtown will save you $368 per month in driving costs using a Honda Civic as an example (CAA Car Calculator) • Commute to Consumers Road Employment District: 2 mins by car, 12 min walk • Commute to Steeles & Victoria Park Business District: 6 mins by car, 28 mins by transit • Seneca College: 7 mins by car; 18 mins by transit • University of Toronto Scarborough: 11 mins by car; 60 mins by transit • York University: 17 mins by car; 54 mins by transit • Pearson Airport: 17 mins by car; 60 mins by transit All times and distances are approximate SOUL CONDOS 15 PEDESTRIAN-FRIEndly LIFESTYLE 3 URBAN LIFestyle Godstone Park Pleasant THE ATTRACTIONS. THE AMENITIES. View 404 Park FAST FACTS • Walk Score: 84. Do almost everything by foot • Shopping and restaurants right across the street Oriole Park Community SOUL CONDOS • Lots of neighbourhood parks a public library, and a theatre Centre • Steps to two community centres ALLENBURY GARDENS Muirhead Park F AIR VIEW MALL DR VIEW MALL DR FAIR SOUL CONDOS FAIRVIEW PUBLIC LIBRARY Old DON MILLS RD Sheppard FAIRVIEW MALL Park Dallington Park DON MILLS Forest VE Manor ARD A SHEPP Park CONSUMERS RD EMPLOYMENT DISTRICT PARKWAY FOREST COMMUNITY CENTRE Parkway Forest Park Shaughnessy Public School Park WALKABILITY • Very walkable neighbourhood – most errands can be accomplished on foot • Fairview Mall across the street • Conveniences - Bourbon St Grill - Tim Hortons - Starbucks PARKS & GARDENS PUBLIC SERVICES REstaurants & BARS - Aroma Espresso Bar • Located in the Henry Farm • Fairview Public Library • Mac’s Sushi - Subway Sandwiches neighbourhood • Canada Post • Moxie’s Classic Grill • The closest grocery stores • Parkway Forest Park • TD Bank • St. Louis Bar & Grill - Foodland • Oriole Park • RBC • Tekka Japanese Restaurant - Nutrition House Fairview Mall • Godstone Park • North York General Hospital - Merkator • Shaughnessy Public School • Parkway Forest Comm. Centre Park • Oriole Park Comm. Centre SOUL CONDOS 17 4 Employment GroWTH 2.5x more jobs per hectare than GTA LOTS OF JOBS. LOTS OF STABILITY. There are over 30,000 jobs located within 6 mins from Soul Condos in two of the 30,000 JOBS major employment districts in the City of 6-minutes radius Toronto – Consumers Road Employment FAST FACTS N District and the Victoria Park & Steeles • 5,100 jobs located within 800-metres of Soul Condos Business District.