As many might know, a new project by Pemberton called Social At Church + Dundas will be released soon. This location is excellent and actually at the foot of Ryerson University and a short walk from University of Toronto.
That said, for future Toronto university students, parents of Toronto university students and those looking to find an excellent investment opportunity – look no further.
Social at Church + Dundas will be a condominium that will actually completely revamp Toronto’s garden district. It is this intersections first TRUE luxury condo. That means the game will completely change for prospective owners and future residents: both tenants and end users!
We already know that Ryerson University has currently a housing shortage of 2%! That’s an awful lot of students without access to housing. That said, rental prices in Toronto have not been a deterrent, there has just been a pure shortage.
That means, rental prices are on the rise and demand and urgency for availability will be increasing in years. As rental prices in Toronto have been rising nearly 8% for every 1% population increase: this is something truly amazing.
By supporting the growth of dense condo towers, you have the opportunity to capitalize on something that is already in demand today. It’s an investment that requires very little to start, which is atypical in real estate these days.
Remember: suite prices at Social At Church + Dundas are starting in the $400’s! We have a competitive deposit structure and great incentives for early buyers.