A quick look at all the new condos being built in Toronto demonstrates that downtown Toronto condos are definitely getting smaller and smaller. It is no surprise that DNA3 Condos in King West will also be home to some smaller studio units. With one bedroom condo units with square footages averaging under 500s/f, it is no surprise that studio units are coming out in the 200-400s/f range. The question is, are these unit a good investment? In our opinion the answer is yes, for a few different reasons.
1. Studio condo units are great rental investment units. With their lower prices and smaller square footages, your carrying costs as an investor are significantly lower. Take for example in the King West area which is a tad west, just out of the core. Studio condo units in that area are renting out for an average of $1100 a month. As an investor, there is no question as to whether your cash flow will indeed be positive.
2. Studio condo units are also great units for the first time home buyer. With Toronto Real Estate prices getting higher and higher, these smaller condo units are still entry level for first time home buyers who are looking to get into the market with a small amount of funds. You know the old saying about purchasing the smallest house on the street? Apply that same correlation to studio units which are located amongst higher priced Toronto condos.
3. Studio condos units are great for the individual who works full time in the city however have a home in the suburbs. Instead of fighting traffic on a daily basis, or worrying about catching the last train after a business dinner, studio condos provide the perfect option of staying downtown Toronto.
4. Studio condo units can also be used as short term furnished units. For example if a business executive needs to spend a few weeks in downtown Toronto, a furnished studio rental may be a more attractive option then a hotel room. Furnished condo rentals can command as much as $1800 a month.
For more information on the studios available at DNA3, click on DNA3 Condos.
Showing posts with label erica puddy. Show all posts
Showing posts with label erica puddy. Show all posts
Tuesday, October 11, 2011
Thursday, September 29, 2011
DNA 3 Condos Standard Finishes Can't be Beat!
With Toronto Condo builders getting more and more competitive with higher end standard finishes, it is no surprise that the standard condo suite finishes at Canderel Stoneridge's DNA3 Condos can compete with the best of them.
When purchasing Pre-construction Toronto condos, it is always important to clarify with your Realtor what features and finishes are standard in the unit model suite. From there, you can get a pretty good idea of how much you would need to budget for upgrades if the standard finished do not meet your approval. It is for this reason, we take our hats off to the standard finishes that will be found at DNA3 condos. They are as follows:
-9 foot ceilings
-Baseboards to be over 4 inches thick with 2 inch trim to match
-Ceilings to be smooth or exposed concrete
-European stainless steel appliances including a microwave
-Breakfast island
-Washer and Dryer
-Engineered wood flooring throughout except for in bathrooms and laundry room
-Ceaserstone counter tops in kitchen
-Undermount sink in kitchen
-Glass backsplash in kitchen
-Porcelain tiles on floor and walls in washrooms
-Modern vanity in washrooms
-Deep soaker tub in all suites
-Frameless glass shower in suites with two full washrooms
-Dual flush toilet
As you can see from the extensive list, the standard finishes at DNA3 condos are hard to beat.
For more information on DNA3 Condos and other condos, visit our site all about Toronto Condos: DNA3 Condos.
When purchasing Pre-construction Toronto condos, it is always important to clarify with your Realtor what features and finishes are standard in the unit model suite. From there, you can get a pretty good idea of how much you would need to budget for upgrades if the standard finished do not meet your approval. It is for this reason, we take our hats off to the standard finishes that will be found at DNA3 condos. They are as follows:
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| DNA3 Condo Kitchen- model suite |
-9 foot ceilings
-Baseboards to be over 4 inches thick with 2 inch trim to match
-Ceilings to be smooth or exposed concrete
-European stainless steel appliances including a microwave
-Breakfast island
-Washer and Dryer
-Engineered wood flooring throughout except for in bathrooms and laundry room
-Ceaserstone counter tops in kitchen
-Undermount sink in kitchen
-Glass backsplash in kitchen
-Porcelain tiles on floor and walls in washrooms
-Modern vanity in washrooms
-Deep soaker tub in all suites
-Frameless glass shower in suites with two full washrooms
-Dual flush toilet
 |
| DNA3 Condo Bedroom - Model Suite |
 |
| DNA3 Bathroom - Model Suite |
As you can see from the extensive list, the standard finishes at DNA3 condos are hard to beat.
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| DNA3 Condo Living Room - Mode Suite |
For more information on DNA3 Condos and other condos, visit our site all about Toronto Condos: DNA3 Condos.
Monday, September 12, 2011
DNA3 Condo Update
With approval granted for the upper floors of DNA3 condos, it is no surprise that this condo will be a landmark in King West. Both condo towers will now be 14 storeys in total giving these upper floor units unobstructed views in all directions. This alone is rare to find in the King West area as zoning laws have proven to be quite rigid in the past. Considered one of the fastest selling projects in King West, there is no doubt that these upcoming new releases at DNA3 Condos will sell out just as quickly.
For more information on availability at DNA3, floor plans and assignment, click on DNA Condos.
For more information on availability at DNA3, floor plans and assignment, click on DNA Condos.
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