from today's Star....1.) construction to start in August....2.) looks like the 1st tower has been increased to 31 storeys!....
ETOBICOKE
Waterfront living with all the amenities
Limited-time incentives include suite discount, free parking and locker
June 20, 2009
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Shelly Sanders Greer
SPECIAL TO THE STAR
Construction of the first phase of South Beach Condos + Lofts begins in August, which gives purchasers about two months to take advantage of sales incentives valued up to $43,000 at the Etobicoke site.
"Right now we're including parking, a locker and pre-construction prices," says Jason Shiff, executive sales manager, South Beach Condos + Lofts, located at Park Lawn Rd. and Lake Shore Blvd.. "Prices will go up when construction begins.
"The limited-time incentives include $10,000 to $20,000 off the purchase price, depending on the suite chosen, free parking valued at $20,000, and a free locker worth $3,000. It's a very aggressive incentives package."
South Beach Condos + Lofts, being built by Amexon Development Group, is about 80 per cent sold and Shiff says the pricing, size range, and amenities are big attractions. In addition to the typical young professionals and empty nesters, there are many families choosing South Beach because of the three-bedroom and den layout and the 40,000 square feet of amenities – the Shore Club.
"Nothing has been done like this before," says Shiff. "There will be an indoor/outdoor pool with cabanas, a basketball court, a squash court, a pet day care, a juice bar, and a very unique wine tasting lounge. There will even be a place for people to store their wine."
Other amenities include a Hollywood-style screening room, library, event lounge with kitchen, party room, and concierge service.
Located two minutes by foot from the lake, South Beach will offer waterfront living. Shiff says both buildings will be built on angles so that pretty well every unit will have a view of the water. In addition, there will be floor-to-ceiling windows.
The 31-storey art deco-style glass and steel tower will be topped with crowns in green and blue with reflective solar panels. It will be anchored by a 16,000 square foot retail complex designed to emulate Miami's Ocean Drive.
"This retail complex will be located at the entrance to both phases," Shiff says. "There will be a gourmet restaurant, cafè and spa which will definitely add so much to the area."
The first phase will contain approximately 313 units ranging from 454 square foot one-bedroom layouts, up to 2,000 square foot penthouses with three bedrooms and a den. Prices start at $188,000 and go to just under $1 million. Maintenance fees are 38 cents a square foot, and occupancy is expected in the summer of 2011.
"There will be six penthouses on the 31st floor," Shiff says, "and they will be very exclusive with 10 foot ceilings and electric fireplaces. These will be three-bedroom and den layouts and they are already getting a lot of attention."
The standard finishings, says Shiff, are one of the biggest benefits at South Beach, as they are high-end and often considered as upgrades elsewhere. Examples include marble or granite kitchen counters, Energy Star-rated stainless steel appliances, nine-foot ceilings, custom kitchen cabinetry, engineered hardwood floors, and walk-in closets.
To get a first-hand look at the layouts and finishings, visit the 13,000-square-foot presentation gallery which has three model suites. There is a one-bedroom layout, and two corner units available for viewing.
This sales gallery is at 88 Park Lawn Rd. For hours and information, call 416-252-3000 or visit southbeachtoronto.com.