On Monday, Streetcar Developments had an info session at the Gladstone Hotel for real estate community to get it’s first hand look at 8 Gladstone. For the past few weeks i’ve been spotlighting different pieces of the development on the blog, but was missing one vital part… price!
Prices for the first 6 floors start from $249,900 and up to $489,000. There are NO studio apartments at 8 Gladstone and even the smallest unit (at 471 sqf) comes with a separate bedroom! Over 30 of the 86 units are priced under $300,000 and many of these also come with a balcony or terrace! For units larger than 577 sqf. parking is availabable at a cost of $30,000. Storage lockers are $5,000 and bike lockers are $2,000. Deposits are 15% over 180 days with a further 5% due on occupancy! Maintenence is estimated to be $0.515 psf per month, with hydro individually metered.
There will be very few amenities in the building, basically a gym, lobby and pet spa (room to wash down your dog). In intimate projects like this, it’s better to have less amenities as unit owners would have a larger share of monthly expenses to pay for in comparison to a larger residential tower…. Besides, if you live here you’re right smack in the middle of Queen West and Parkdale! Don’t know what that means? Check out this short video I made of the area:
Bedrooms with sliding doors will have frosted glass, and floors will be covered with modular, low VOC broadloom tiles (made from recycled materials). Floor finishes every where else will be 24″ x 24″ square-edge porcelain tiles! Included in the purchase price is a full size front loading stacked washer and dryer!
Kitchens will be designed by II bv IV Design (read 2 by 4), and will feature quartz (or granite) countertops and backsplash, under cabinet lighting. Kitchen appliances will be fully integrated and will include: a 24″ Blomberg refridgerator with bottom-mount freezer, 24″ AEG black ceran cooktop, 24″ AEG stainless steel wall oven, 18″ or 24″ AEG dishwasher and a 24″ Faber intergrated hood fan. Here’s a sample scetch below:
II by IV also designed the bathrooms for 8 Gladstone. Some units even feature separate water closets with sliding doors and hand wash basin. The quartz or granite theme continues on the countertops in the bathroom. Check out the finishes in the sketch below:
I have early access to 8 Gladstone, so if you’d like to purchase let me know by filling out the form below. The latest I need to know by is Wednesday June 15th, 2011. Signings will take place on Saturday June 18th, 2011