Citylights on Broadway (Yonge & Eglinton)

The Citylights On Broadway is a proposed 2 towers with 34 storeys each connected by a six storey podium with a total of about 888 residential condominium units currently in pre-construction at 99 Broadway Avenue by Yonge Street and Eglinton Avenue in Toronto, Ontario by the Pemberton Group.  90% of the suites are priced between the $200,000's to $400,000's.

This development includes the replacement of 32 rental units at 197 Redpath Avenue which is a three storey apartment building.  This application proposes to also demolish two detached homes situated at 95 and 99 Broadway Avenue including the rental building on Redpath Avenue.  The rental units will be replaced with the same number and types of units.

This proposal includes about 392 suites located in the North Tower and 496 suites located in the South Tower.  These residential dwelling units will range in size between 414 square feet to 736 square feet.  The unit types include a great selection of 1-bedroom units, 1-bedroom + den units, and 2-bedroom units.  All of the 1-bedroom + den units will have two full bathrooms.  Floor plate consists of five 1-bedroom,  one 1-bedroom + study, two 1-bedroom + den (both north facing suites) and four 2-bedroom suites. Ceiling heights are approximately 8'6" and deposit structure is 30 days, 90 days, 420 days and occupancy.

There will be a total of about 366 parking spaces available in the 7 levels of underground parking of which 274 spaces are reserved for the residents of Citylights On Broadway.  The parking and loading area is located on Broadway Avenue and Redpath Avenue.

Incentives:

One Time Free Assignment

Free Locker (Limited time only)

Development charges capped at $3,500 for studios/1B/1B+D & $5,000 for 2B)

Occupancy Date:

November 15, 2018

Deposit Structure- ONLY 15% DEPOSIT BEFORE OCCUPANCY DATE:

$5,000 on signing

Balance to 5% in 30 days

5% in 90 days (3 months)

5% in 425 days (14 months)

5% on occupancy

The Ravine (1215 York Mills)

The Ravine Condominium will be a 29 storey glass and aluminium tower located at York Mills and Don Valley Parkway alongside Brookbanks Park and Deerlick Creek.

Incentives:

•$500 ASSIGNMENT FEE
•RIGHT TO LEASE DURING INTERIM OCCUPANCY
•$3,000 LOCKER (REGULAR $5,000)
•$25,000 PARKING (REGULAR $30,000)
•6 MONTHS FREE COMMON EXPENSES (18 MONTHS FOR SUITES PRICED BELOW $280,900)
•DEV CHARGES CAPPED AT $6,000 FOR 1B/1B+D & $8,000 FOR 2B

DEPOSIT STRUCTURE
$5,000 on signing
balance to 5% in 30 days
5% in 180 Days (6 months)
5% in 370 Days (12 months)
5% in 455 Days (18 months)
1% on Occupancy

OCCUPANCY DATE - JULY 15, 2019
Parking
- Opening Special $25,000
Lockers
- Opening Special $3,000

MAINTENANCE FEES - $0.49/PSF
(excludes hydro, cable, phone, parking and locker)

Contact kevinyip@realtyagent.com for price list and floor plans.