November 24 update: Phase 2 launching this weekend. Contact me now for details and to book your preview appointment.
You have probably heard the ads which are all over town: “UpsideDownCondoPrices.com“. In order to remove the mystery surrounding this development I can tell you the ads are for My Electric City. If you are interested in purchasing a suite in advance of the public opening, contact me now.
My Electric City (Dupont and Lansdowne), like so many other condo projects in Toronto, launched in the summer of 2008, just a couple months before the real estate market temporarily collapsed. Sales were slow (compared to what Toronto developers were used to over the past 5 years), and now that the market has recovered, it’s time for a relaunch!
Milborne Real Estate is the marketing and sales company on this project, and it seems they are taking to the formula they so successfully used for Liberty Market Lofts (aka 17′ Ceiling Lofts): a marketing and advertising blitz with a catching campaign slogan in conjunction with a major sales event.
Details:
- Average Price Per Square foot $300-$330
- Parking $20K, Lockers $3K
- Occupancy December 2011
- 1 bedrooms from ~$160K-$195K, 1+dens from ~$180K – $215K, 2 bedrooms from ~$236K – $290K
- Maintenance fees are $0.26 per square foot+ hydro
- Standard suite features include granite counters, stainless steel appliances, laminate flooring in living, dining, den areas
Buyers looking for incredible value, and investors looking for bang-for-your-buck should consider My Electric City. If you would like more information about My Electric City, including floor plans, pricing and how you can purchase a suite NOW, weeks before the public launch, contact me.
Sept 29th update: Project has been selling very well. Floor plans can be downloaded here. Sample Price sheet can be downloaded here. If you are interested in purchasing a unit please contact me.
02.03.10 at 3:01 pm
Richardj
You are right there will be no security, and this will help the fees to be kept down to a degree. No cameras either! This can change in the future if owners want to have a security firm come in to have a guard. I think a guard would be a good idea becuase of the recent rash of tagging in Toronto, also to keep an eye out in general. But I think having good neighbores is the best type of security. I think for the first condo meeting for owners, maybe voice your opinion or concern…form a community watch. Right now where P2 is going to be built there has been some issues with parking problems, but I am on top of that issue…I keep calling the management..and they have cars towed etc. Also I do hope there is plenty of lighting, as this will help deter any issues….
02.18.10 at 9:24 pm
theresa
will the proximity of phase 1 and 2 to the railtrack have any impact on the property value? I’ve read that GO has purchased the track and is conducting a study, depending on the results they may create an under or overpass where the CN and CP tracks overlap at Dupont and Davenport and increase their trains to Barrie.
02.26.10 at 5:30 pm
Richardj
I really do not see a lose in value…but you have to consider it’s is only one track on this line.
If they build an under/over pass that would gain value I would think….but who knows I have no insight into this sorta thing…I just know you will not lose by purchasing……
06.04.10 at 12:50 pm
Marlen Silva
Hello,
If you would like to pre qualify for this condo site please give me a call. I am the back door Manager of Residential Mortgages for Phase I of this site.
Phase I – I can offer a 24 month cap programme on the rate.
Phase II – I can take your inquiries and get back to you.
It would be wise to lock in the rates now for rates are on there way up.
Please feel free to call me directly at 416.833.1302 or by email at marlen.silva@td.com.
Thank you and talk soon.
09.02.10 at 5:33 pm
j
any new updates on this, i see some dirt was moved but no actual digging has begun…
02.05.11 at 1:48 pm
Bill Osterman
good morning,
Can you give me the name of the design engineering firm involved?
03.20.11 at 8:20 pm
John P
I just saw sign today at dupont and lawnsdone – for FUSE developments — condo looks good with METRO at street level — are the upside condos still going ahead as I see no development for them
05.23.11 at 1:26 pm
Adam Clark
I bought a unit on the 13th floor of phase 2 . Can anyone advise if the Condo has been started and how much progress has been made?
If they have not started and got the basement and footings in there is no way this Condo will be ready for Dec 2012.
Clark
05.25.11 at 9:35 am
Andrew la Fleur
Hi Adam,
Good question. a project like this will probably have a 20-24 month construction schedule, therefore if the ground has not been broken yet, the building is at least 2 years away. Dec 2012 is not looking realistic as of today.
11.08.11 at 1:13 pm
condobuyer
The property was the site of the American Standard Company which made sinks, toliets, etc. MOE took soil samples after ground was broken early this year and I guess prior to this as well. As far as the crime…it seems to be less of an issue but its not wise to be walking in the neighbourhood late at night. Hopefully condo development will push out the undesirables. Not all though until Coffee Time, and the two buildings beside it are town down. One of those buildings is being refaced so I guess unfortunately its there to stay
01.12.12 at 1:58 pm
troy
I have lived at 1011 Lansdowne since April 1 2010. When I viewed the unit on the 19th floor it was in excellent condition. A showpiece. Under the impression that this was the unit I was to occupy when moving in, I agreed to take the apartment. The day I moved in I was informed that I was to be given another, inferior unit. With a hole under the sink, a constant drip in the bathroom and uncountable cockroaches and bedbugs. Being on ODSP due to major health issues, I, like many before me took the apartment due to financial restrictions. What was I to do with all of my furniture on the sidewalk? I, somwhat hesitant, took the apartment and settled in. Over the course of 2009-10 I sat back and observed the attitudes of the management and the tenants, while learning as much as I could about the history of the building. To find a positive description of the Dupont/Lansdowne neighborhood in the archives of Toronto has yet to prove fruitful. The residents, mostly individuals, of 1011 Lansdowne are, for the most part, struggle honestly through the day, relying on the support of one another to maintain a sense of normalcy while under duress from the dismissive attitudes of the management and the city at large. Incidents, some of which I have personally encountered, have led me to a conclusion that the management of 1011 Lansdowne are incapable of creating a atmosphere of community, not the tenants, as the residents/politicians of Toronto have so repeatidly espoused. Yes, there is a drug problem. Yes ther is a prostitution problem. Yes the building is in need of a complete overhaul and yes the management has to be held accountable to the people of Toronto and the tenants of 1011 Lansdowne. But beyond the negative impression that has been bestowed upon the residents of the building, the simple reality of the fact is that the reputation that is imposed on the neighbourhood, because of the building, is home to many diverse and capable individuals. Upon speaking with any number of residents one quickly realizes that they are bright, articulate and willing to create change for the better. All they lack is a belief that the management city will support them. Former residents who criticize the building, and there are many, are convinced that they are justified in the belief that the building should be torn down. That the residents are not woth the time or effort to intigrate into society. The only solution being to remove them from the neighbourhood by any means necessary.
The corner of Dupont and Lansdowne consists of recently build townhouses, six apartment buildings, with another currently being built, a couple of stores, a coffee shop, a men’s shelter and a dentist office. The corner in itself is a microcosim of the city of Toronto and the country of Canada as a whole. With a large portion of families, with 50% or more, having children (the largest percentage in Toronto), a large immigrant population where English is being learned as a second language, the working poor, middle class labourers, the unemployable and increasingly well off individuals. With the erecting of a new building on the northwest corner, and the addition of a shopping plaza in the next few years, will continue to create a more diverse and multicultural comunity. All that is lacking is leadership in the neighbourhood. Not politicians who provide lip service at the time of elections, and the dismissal of the neighbourhood in non election years.
The economic investments within the neighbourhood that are currently being embarked upon provides an opportunity for all residents of the Dupont/Lansdown area to come together and work towards the betterment of all living situations in the neighbourhood. And if asked, the residents of 1011 Lansdowne would be more than willing to address the issues that effect them every day. Until this happens, the outside view of the building will always be in stark contrast to the reality of the lives that the individuals at 1011 Lansdowne face. Carrying a sense of shame and worthlessness that has been bestowed upon them for choosing to live in the greatest city in the world. Although ther are few who would have you believe that the residents are not worth the time or effort and are a hopeless cause. To believe this is to believe that a resident of 1011 Lansdowne is not worthy of being treated like a human being. Instead of offering a segratory and dismissive attitude towards the building, perhaps an attitude of compassion and a willingness to correct these misaligned attitudes would create a community worthy of being calling the greatest in the world.