Four Eleven King Condos For Sale, Downtown Toronto
ZIA ABBAS introduces “Four Eleven King Condos, King Street West and Spadina Avenue”
SALE ENDED
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
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.
