When there are plans for a high-rise condominium to be built, people will want to know more. The interest about the Rodeo Drive Condos is causing more stir because instead of just settling for one condominium, Cadillac Fairview, the developer has plans to build two condos in the intersection of Don Mills Road and Lawrence Avenue. The location being one of the prime spots in the Banbury-Don Mills neighborhood has attracted a lot of positive attention. If you are one those people who are interested in these up and coming new condos in the area here are a few things you might like to know:
Current Updates
One of the most important things about property investment is keeping up to date with the real estate you are interested in. In the case of the pre-construction condominiums in Don Mills, the plans have been set, but the actual ground breaking has not yet been done. If you look at the address of the proposed shopping and residential high-rise which can be found on 169 The Donway Intersection in Toronto you will only find a vacant lot in the area. It does not sound very impressive as of the moment but careful planning and deliberation is undertaken to ensure that the proposed condos will be rise as a success in the future.
Keeping up to date with all the news and press releases about this prime real estate is essential especially if you are planning to own a unit once the construction is finished. The condominiums are such a great investment that surely there are a number of interested parties waiting for more news about its progress too.
What’s in the Proposal?
Knowing what to expect is an important aspect when it comes to investing in property. Much like researching the specs of a phone before buying a new one, you also have to know what the property will offer you compared to other options. Here are some of the initial ideas included in the proposal:
- 2 high-rise condos one with 34 storeys and the other with 39.
- Around 750 units with amazing views will be expected.
- 2,987 square meters at the base of the towers to be used for commercial and retail purposes.
- Over 500 bicycle parking slots and 1,150 underground parking slots for visitors and residents to use.
There are some many great things to look forward to when these condominiums will become an official Rodeo Drive at Shop on Don Mills. Aside from the many other residential condos in the area, adding these high-rises will add to the value and charm of the neighborhood which you can be a part of.