Condominiums/Condos - Toronto, Downtown Toronto

BUILDING LOCATION AND FEATURES

Gooderham and Worts Distillery, is the heart of the distillery district and is Toronto's newest Arts/Entertainment area. Central in the old distillery is the cooperage, converted into 400 studios for a variety of artists, from photographers to dance studios. The surrounding buildings have been converted to a variety of commercial enterprises, from trendy décor shops, bakeries to upscale eateries and bars. It has also become home to Toronto's newest Jazz Festival. Over 160 movies have been shot around the distillery, and is just north of the new Studio District.

THE CONDOS

The low-rise condos are roughly 5 years old and were constructed with podiums of the original rack houses on Mill St. and reflect their industrial heritage. They were originally part of the "Options for Homes" project. 70 Mill has 95 suites and 80 Mill has 144. They quickly became popular with owners who wanted a quiet street, close to the arts area and with low maintenance fees, for those not being particularly interested in costly amenities such as pools and gym areas. A third building was constructed on the property at 39 Parliament St., across from Parliament Square Park and maintains the same simplicity and community feeling. It has 187 suites. The buildings are pet friendly with lots of walking and park areas.

55 Mill Rd.

This condominium is now registering with a completion date scheduled for Spring of 2008. The 389 unit complex consists of a V shaped, 6 story 'loft' podium, running along Mill street with a 32 story tower rising at the east end. A choice of units from 1 to 2+1 is available. This is the first new building available in many years and is situated on the trendy Distillery site. The podium features an elegantly furnished lobby with 24 Hour concierge service, landscaped rooftop garden over the podium, outdoor swimming pool and hot tub, sauna, exercise room, media room, party room, billiards room and three furnished guest suites.

55 Mill Rd
A variety of floor plans, some with balconies or terraces, 9 or 10 ft. ceilings and a selection of various flooring, kitchen, and appliance upgrades are available. Each one features individually controlled heating and air-conditioning heat pump systems.

THE SUITES

The condos come in a variety of configurations from studios, 1 and 1+1 bedroom, through to 3 bedroom loft style penthouses. Some have balconies and some have terraces with commanding views of the city or the distillery. They range in sizes from 550 sq. ft. for studios to 1200 sq. ft. for 2 story Penthouse lofts

SUITES PRICES for 70/80 MILL ST.:

* Studios - from approx. $145,000 to buy.
* 1 and 1+1 Bedroom - from approx. $175,000 to buy and from approx. $1,300/month to lease.
* 2 Bedroom - from approx. $220,000 to buy and from approx. $1,700/month to lease.
* 3 Bedroom - from approx. $260,000 to buy.

SUITES PRICES for 39 PARLIAMENT ST.:

* Studios - from approx. $145,000 to buy
* 1 and 1 +1 Bedroom - from approx. $240,000 & up
* 2 bedrooms are 320,00 and up
* 3 Bedroom - from approx. $400,000 and up.
* 3 Bedroom Penthouse Loft - from approx. $500,000 and up to buy.

SUITE PRICES for 55 MILL ST:
Pre-opening specials range from $166,500 for 519 sq ft suites to $398,900 for the 1,068 sq ft, top floor 2 + 1 suites.

AVERAGE PRICES

1 Bedroom:	317,900
1 Bedroom + Den:	310,850
2 Bedroom:	365,000
2 Bedroom + Den:	367,000