The Toronto waterfront is slated for big things.<\/p>\n
A planned 25-year buildout in what will become a new neighbourhood\u2014and a sprawling one at that\u2014the biggest real estate developers in the city are building towers in the East Bayfront Precinct. Naturally, investors will be in close pursuit.<\/p>\n
Brian Bogaert, a money and wealth coach, bought a one-bedroom-plus-two-dens unit at Lakeside Residences, a Greenland Group condominium, and he says the novel layout gives him options.<\/p>\n
\u201cWhat I like is the flexibility, and if all I have is one or two bedrooms, I\u2019m limiting what I\u2019m doing,\u201d said Bogaert. \u201cBut this could be a perfect place for a young couple with kids, or two roommates, or a single person who wants an office and could knock off the wall. Or it could be used as separate bedrooms for two kids, or a mature couple with a seven- or eight-year-old.\u201d<\/p>\n
While one-bedrooms are easy to rent, two-bedrooms have higher square footage, but the one-plus-two-dens provide Bogaert the best of both worlds.<\/p>\n
\u201cI\u2019m not limiting myself for rental, or the eventual sale, to just one group,\u201d he said. \u201cAs an investor, you can change the look and feel of the suite to accommodate what somebody wants to do.\u201d<\/p>\n
Bosley Real Estate sales agent Davelle Morrison says that the waterfront development project is brimming with potential and<\/p>\n
Tridel\u2019s Aqualina, which sold out, is right on the water and, according to Morrison, is among the acme of the new developments.<\/p>\n
\u201cIt gets me most excited because it\u2019s literally on the water,\u201d she said. \u201cPier 27 is pretty cool, too, because it looks like Miami with beautiful swimming pools, spas and massage rooms. It looks beautiful and some of the units face the water. It\u2019s like you\u2019re living on a boat. I think it\u2019s spectacular for Toronto that they give you that waterfront.\u201d<\/p>\n
While the Queen\u2019s Quay still looks barren, the area is set to transform in just a few years when the new Toronto Star complex is finished.<\/p>\n
\u201cOn the north side of Queen\u2019s Quay, they\u2019re developing the Toronto Star complex,\u201d said Morrison,\u201d and I think when that gets developed, that pocket of Queen\u2019s Quay will really start to sing.\u201d<\/p>\n
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Related stories:\u00a0<\/strong><\/em> \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The Toronto waterfront is slated for big things. A planned 25-year buildout in what will become a new neighbourhood\u2014and a sprawling one at that\u2014the biggest real estate developers in the city are building towers in the East Bayfront Precinct. Naturally, investors will be in close pursuit. Brian Bogaert, a money and wealth coach, bought a […]<\/p>\n","protected":false},"author":6,"featured_media":21235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7892"}],"collection":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/comments?post=7892"}],"version-history":[{"count":1,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7892\/revisions"}],"predecessor-version":[{"id":21234,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7892\/revisions\/21234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media\/21235"}],"wp:attachment":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media?parent=7892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/categories?post=7892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/tags?post=7892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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