Grid Condos is a new condo development by CentreCourt Developments currently in preconstruction at 181 Dundas Street East in Toronto. The development is scheduled for completion in 2019. The development has a total of 528 units. Price starts from $279,900.
Highlights of Grid Condos
•5 minutes’ walk to the Ryerson University campus
•505 Dundas street car stop right at doorstep
•7 min walk to Dundas Square & Eaton Centre
•9 min walk to St. Michael's Hospital
•10 min walk to Dundas Subway Station
•15 min walk to Financial District
Top Reasons to Invest in Grid Condos
•Ryerson University has more than 38,000 students, including 2,300 master's and PhD students. The university employs 780 faculty and 1,700 administrative staff.
•Ryerson only has 850 beds in 3 residence buildings on campus, that's 2.2% of the student population.
•St. Michael's Hospital has a working population of 1600 nurses, 690 physicians, 5000+ dedicated staff, 3,300 students.
•Ryseron students pay $900/month for a room at the student residence.
•Students sharing a condo close to campus typically pay a monthly rent of $800 to $1,000 per room.
•You will be able to fit 2 students in a 560 sq.ft. 1+Den Unit with a rent of $1,800/month ($900 each).
Initial $5,000 on signing
1st Deposit Balance of 5% - 30 days
2nd Deposit 5% - 180 days (6 months)
3rd Deposit 5% - 270 days (9 months)
4th Deposit 5% - 540 days (1.5 years)
- Tentative Occupancy: August 2018
- Parking Space: $50,000
Available for suites of 560 sq.ft. All other requests will be wait listed.
- Bicycle Storage: $5,000
57 CENTS / SQ.FT. (Hydro and Water Metered Separately)
Parking Maintenance: $99.99/month
Locker Maintenance: $29.99/month
FREE OPTION TO ASSIGN upon 95% sold and commencement of construction
CAP ON DEVELOPMENT LEVIES
$5,000 for 1B and 1B+D
$7,500 for 2B
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