NOMAN KHAN Direct: 416.707.7815

 Peter Street Condominiums Commercial Unit

Price Starting $199,900

 

 

Exclusive Sales Incentives – January 2013 Only!

Carefree triple net rental guarantee for 1 year $35/sf annual rental income*

Taxes, maintenance and insurance paid by the developer

 Cash credits of up to $50,000 per unit

 $10,000 off the price of parking

 Deferred deposit structure – 20% paid within 90 days (instead of 30% paid within 60 days)

 Free assignment (one time and subject to assignment conditions)

 No development charge related adjustments on closing

The Opportunity

A very rare opportunity to own an Office Condominium in the heart of downtown Toronto

Office units available on floors 2 and 3 of a dramatic mixed use 40-storey glass tower located at the corner of Peter and Adelaide and designed by award-winning architectural firm architects Alliance

Office units are demisable as per user needs and can range in size from a 343 s.f. unit to a full-floor unit of 7,285 s.f

Downtown office core is within a 5 minute walk and easy access to commuter rail, the subway system and streetcar

Approximately 5,000 new condominium units within a 2 minute walk of the building expected to be occupied over the next 5 years

Building currently under construction with completion scheduled for summer 2014

 Office Condo Units

Commercial units will have slab-to-slab heights of approximately 11 feet

Private office lobby provides direct access to an elevator for the exclusive use of the Office levels and P1

 Eight commercial parking units located on P1

Office units will have access to common use washroom facilities located on each office level

Operating costs are forecasted to be $5.24/sf/annum for first year (representing a very favourable cost advantage over other office spaces) plus realty taxes and in-suite utilities

 

Special Deposit

Structure

Tentative Occupancy

Maintanence Fees

Parking

10% on signing

10% in 30 days 90 days

10% in 60 days

5% on occupancy

August 2014

$0.44 / sq. ft. / month

(excluding utilities and taxes)

$60,000 $50,000

 

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Lead Form

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