Karma Condos

Coming Soon from Lifetime Developments and Centrecourt Developments: KARMA CONDOS. Register with me now to receive floor plans and pricing for the VIP sales event.

Karma Condos will be a sleek new tower located at 21 Grenville Street (Yonge and College) and designed by none other than architectsAlliance. The building is going to be HUGE. With around 10 units per floor and either 46 or 52 storeys (depending on what gets approved), this one will be a monster condo tower in the heart of downtown.

This building is very investor friendly. The suite mix is mostly smaller suites and this area is the perfect storm for rental properties. Yonge and College is arguably the best spot in the entire downtown core to own a condo if you are an investor. Why?

• You are steps away from the Yonge subway and streetcar
• Equidistant from the two major Universities downtown: UofT and Ryerson, meaning you have a massive pool of potential student renters every year
• Walking distance to the financial district as well as the hospital district, meaning you have a massive pool of potential young professional renters every year
• Most importantly, area buildings like College Park (Bay and College) and The Met (Carlton and Yonge) command some of the highest rental rates of any building downtown. Bidding wars for rentals in this area is quite common! Here is a sample of what some units have rented for recently at College Park for example: Studio-$1380/month, 1 bed-$1900/month, 1+den-2250/month and 2 bedrooms-$2800/month

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Don't hesitate to contact me with any questions or comments you may have. I am here to help!

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