[Recommendation]: Currently, all types of real estate, including townhouses, houses, and condominiums, in the entire Greater Toronto Area and small surrounding cities are rapidly rising in a competitive bidding format.
It is a well-known fact that once the prices of houses and townhouses are upgraded, as they have been, the prices of existing condos and condo pre-sales will also rise significantly, just like a few years ago.
Rather than buying existing real estate, which is uncertain and expensive due to the price explosion, we strongly recommend that you take advantage of the opportunity to purchase valuable and affordable condo pre-sales before their prices rise significantly, which can be predicted in advance.
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Renowned Canadian architect Frank Gehry has designed a luxurious, high-rise condominium called “Forma” in the heart of Toronto’s Entertainment District, at the University/King intersection. The building is composed of two towers, 84 and 73 stories tall respectively, and platinum pre-sales have begun.
Forma is a highly esteemed condominium with a superior value that everyone desires to own in this sought-after location.
Prospective buyers are highly encouraged to secure their desired model and unit immediately.
Frank Gehry’s architectural masterpieces include
the Guggenheim Museum in Spain,
the Louis Vuitton Foundation in Paris,
the Walt Disney Concert Hall in Los Angeles,
the New World Center in Miami,
and the Museum of Popular Culture in Seattle.
The Entertainment District is a prestigious area of Downtown Toronto,
particularly among high-income professionals. The most desirable areas are easily accessible on foot, including the subway station. It is the most profitable area for investment in terms of rental and sale prices.
St. Andrew subway station and OCAD University are within a 2-minute walk, and the University of Toronto, Ryerson University, and the Financial District are all within a 10-minute walk.
In particular, St. Andrew subway station is connected to most of the seven downtown subway stations through an underground Path network that connects to Dundas subway station to the east and Union Station to the south. The area surrounding the condominium, such as King Street, has 24-hour streetcars (trams) that offer easy access to all shopping, dining, and cultural amenities, providing the essential condition for a comfortable lifestyle.
(Walk Score : 98/100, Transit Score : 100/100)
Excellent Transportation AAA+
Connected to “St Andrew” subway station and underground PATH in 1-2 minutes!!
Building Stats
— Two residential towers, 73 and 84 storeys
— Total of 2034 residential suites (864 + 1170 units)
— East tower has over 20,000sf of indoor and outdoor amenities
— Tallest Frank Gehry-Designed building in the world
— In addition to residential suites, Forma is a mixed-use condominium including commercial and retail space. It will also be the new home of OCAD, Ontario’s leading art and design University.
— A 25,000 sq.ft. facility to be named “The Princess of Wales Center for Visual Arts at OCAD University”
Building Amenities
Forma will include a five-star amenity offering and over 20,000SF of amenity space designed by international, award-winning Studio Paolo Ferrari.
— Concierge
— Resident Services Director
— Grand Lobby and custom art piece designed by Frank Gehry
— The Grand Suite: Chef’s Kitchen and Private Dining Room, Lounge, Games Room, Theatre, and Outdoor Terrace with BBQ
— Health & Wellness Retreat: Spa, Sauna, Jacuzzi, Cardio and Weight Training, Spin Studio and Yoga Retreat
— Creator’s Club: Co-Working Lounge, Recording Studio, Private Work Spaces and Maker Studio
This is a long-term project expected to be registered for occupancy between 2018-2019 and 2030 or later.
The investment effect due to long-term occupancy and registration in the distant future is expected to increase significantly.
1. Location: King St W / University Ave (266 King St W)
2. Construction Company: Great Gulf, Dream, Westdale Properties
3. Number of Floors: 2 towers, 84 floors, 73 floors, 2,034 units
4. Sales details:
∨Click below to view detailed information such as drawings and presentations!!
Deposit and installment payments:
At signing: $10,000 (Bank Draft)
30 days after signing: 5% – deposit ($10,000)
180 days after signing: 5%
365 days after signing: 2.5%
540 days after signing: 2.5%
At occupancy: 5%
At registration: 80%
5. Parking: To be determined
6. Locker: Waitlist
7. Occupancy date: First half of 2028
8-1. Deposit and installment payments (Resident – 15% prior to occupancy)
At signing: $10,000 (Bank Draft)
30 days after signing: 5% – deposit ($10,000)
180 days after signing: 5%
365 days after signing: 2.5%
540 days after signing: 2.5%
At occupancy: 5%
At registration: 80%
8-2. Deposit and installment payments (Foreigner – 30% prior to occupancy)
At signing: $10,000 (Bank Draft)
30 days after signing: 10% – deposit ($10,000)
180 days after signing: 10%
365 days after signing: 5%
540 days after signing: 5%
At occupancy: 5%
At registration: 65%
9. Platinum Incentives
Development Fee Cap: Under 1+Den $15,000, 2 Bed or more $18,500, 3 Bed or more $21,000
No assignment fee (Legal fees apply)
Rentals allowed from occupancy to registration.
We will take responsibility for issuing and providing the necessary mortgage pre-approval documents upon contract signing.
