One of the most iconic buildings in Toronto at 266 King St W, Toronto.
For more information such as Price list and floor plans about this investment opportunity. Call me at 416.737.7489 or email me at trustzia@gmail.com
Starting from $812,900

Great Gulf, Westdale Properties, and Dream introducing FORMA a long-awaited Condo development located at 266 King St W, Toronto, the major intersection of University Ave & King St.

Unrivaled, world-class condominiums in downtown Toronto. Frank Gehry has transformed the world of architecture. Now, the Maestro of Form is coming home. Forma’s iridescent façade and twisting shape will reflect the colours of the sun and the form of the surrounding buildings to change Toronto’s skyline. Located on King Street West, Forma will be an exceptional addition to the city at the nexus between the Entertainment and Financial District.

LOCATION: 266 & 276 King Street West
DEVELOPERS: Great Gulf, Dream and Westdale Properties
DESIGN ARCHITECT: Frank Gehry – Gehry Partners, LLP
INTERIOR DESIGN: Studio Paolo Ferrari
SALES TEAM: Baker Real Estate
LAWYER: Harris Sheaffer LLP, in Trust
CONDOMINIUM SUITE TYPES: Studio, Jr. 1B, 1B, 1B+D, 2B, 2B+D, 3B, 3B+D
• 2 Towers, 73+84 Storeys
• Total of 2,034 Suites

EXTENDED DEPOSIT STRUCTURE
Limited Time Only
$10,000 on Signing Balance of 5 % in 30 days 5% in 180 days 2.5% in 360 days 2.5% in 540 days 5% due upon Occupancy
Parking
Speak to a sales representative

INTERNATIONAL DEPOSIT STRUCTURE
$10,000 on Signing Balance of 10% in 30 days 10% in 150 days 5% in 360 days 5% in 540 days 5% on Occupancy
Lockers
Waitlist
Speak to a sales representative

TAXES Estimated at approximately 1% of
Purchase Price
Prices Include H.S.T.

MAINTENANCE
Approx. 76 cents per sqft/month
(utilities metered separately)
Approx. $68/month Bulk Internet + Smart Home Services

OCCUPANCY
Early 2028

WALK SCORE: 98
TRANSIT SCORE: 100
BIKE SCORE: 95

Source: FORMA

Four Eleven King Condos Details (Proposed)

Great Gulf and Terracap introducing a new Condos development “Four Eleven King” currently in preconstruction at 411 King Street West, Toronto.

Downtown Toronto is one of the best in the world with energy and excitement in the air both day and night specially in King West strip with a proposal of 615 condominium units. Situated on the location of King and Spadina, 411 King offers an incomparable style of living, with the city’s best restaurants, shopping, cafes, entertainment and life after dusk with the convenience of transit on your door.

Building Type: Condos
Ownership: Condominium
Selling Status: Registration
Sales Start: Fall 2019
Construction Status: Preconstruction
Builder(s): Great Gulf and Terracap

44 story high rise to be composed of approximately 303,000 square feet of residential, 46,000 square feet of retail and a hotel of approximately 111,000 square feet.

Amenities:

• Heritage Building with Modern Facades
• Building’s Height and Unit details will be released later
• Stay in touch for more details

More Projects by Great Gulf

More Projects by Terracap

About Great Gulf

For over 35 years, this guiding principle has embodied the spirit of innovation within each of our 40,000 homes.

It’s why every Great Gulf house or condominium is built upon 3 core values. Design. Technology. Experience. These values have given their homes higher resale value, better rental value, numerous awards and accolades, and best of all, 90% of our customers would recommend this company.

About Terracap:

The Terracap group (“Terracap”) is a $1.5 billion private equity realty group led by Larry Krauss, combining comprehensive management services with intelligent realty investment. Their private equity investors and partners represent a number of North America’s top-tier business leaders and high net-worth people.

With quite one hundred realty deals remodeled the last thirty years, their various portfolio includes four million sq. feet of North American realty, as well as multi-residential, development lands, hospitality, retail, and workplace properties.

Terracap bolsters the worth of those investments through active management, innovative tax structures, renovation, remerchandising plans, inventive funding, and by securing and locating underperforming assets in key markets.

Today, Terracap is capitalising on decades of realty knowledge and knowledge to create landmark developments in major locations. Their strategic acquisitions within the heart of Toronto are presently undergoing large-scale development, which is able to considerably impact the Toronto business landscape.

Mission
Their mission is to secure high-quality investment opportunities for the investors, across numerous geographic markets and plus categories. They have a tendency to guarantee steady income and premium returns for the investors through innovative leasing, improvement, and money and tax structuring.

Terracap owns neighbouring 401-409 and 415 King Street West in Toronto, Ontario. The company purchased 401-409 in 1994 for $850,000 (45,000 square foot office building and 6,800 square feet of ground-floor retail), and 415 in 2007 for $6.3 million (13,500 square feet).

401-409 King underwent a modernization/refurbishment program which included elevator cab enlargement, façade work, and lobby renovations, in order to maintain the site as a rental property until such time as the site would be ready for demolition.

In order to provide for a modest return for investors during the interim approval process, an LCBO was constructed at 415 King.

Approval was recently received for the construction of a 44 story high rise to be composed of approximately 303,000 square feet of residential, 46,000 square feet of retail and a hotel of approximately 111,000 square feet.

Home Power Condos Features:

Building Features

• Ground Floor Retail
• Game Room
• Gym
• Party Room
• Rooftop Terrace
• Outdoor Fireplace
• Swimming Pool
• Steam Room
• Community Garden
• Artist Workshop

Suite Features

• Parking (select suites only)
• Lockers
• Smooth ceilings at 9′ high
• Designer selected laminate flooring
• Stacked washer/dryer
• Kitchen custom cabinetry
• Stainless steel kitchen appliances (fridge, dishwasher, self-cleaning range, microwave hood)

Home on Power Great Gulf is located at 48 Power Street Toronto

Deposit Structure for 48 Power Street condos:

20% total deposit + 1% on Occupancy

$5,000 Due on Signing

Balance to 5% in 30 days

5% in 120 days

5% in 360 days

5% in 720 days

1% on Occupancy

Home Power Adelaide condos deposit for International Buyers

35% total deposit + 1% on Occupancy

$5,000 Due on Signing

Balance to 10% in 30 days

10% in 120 days

10% in 360 days

5% in 720 Days

1% on Occupancy

Other projects by Great Gulf