Condo TEAHOUSE | Canada | $400,000 CAD
Condominium Teahouse is located in downtown of Toronto, at the intersection of major streets: Yonge St. and College St., with close proximity to two universities: University of Toronto Ryerson University.
Number of Storey - 25 and 51 (two towers)
Total Number of Suites - 919
Ceiling Height - 9 ft. (2.75 m)
Apartments - 1 bedroom, 2 bedroom 3 bedroom
Estimated occupancy - 2019
Suite Size Range - from 309 sq.f. (28 sq.m) to 913 sq.f (83 sq.m)
Price / per sq ft - from $666/sq.ft.

Building

TeaHouse is a master stroke of artistry and ingenuity. Featuring two distinct residential towers of 52 storeys and 25 storeys, perched atop an elegant podium.

A building that would feel at home in a great Asian capital. This was the inspiration for the architecture of TeaHouse. Embracing the use of natural materials, clean lines, exquisite symmetry and precise proportions, TeaHouse embodies the spirit of Asian design in all its richness and beauty.

Building Features

24 Hour Concierge, 5 high speed elevators, Pet Spa, Fitness Room, Unisex Sauna, Onsen Pools, Indoor Lounge area with Fireplace, Outdoor pool and Lounging Deck, Outdoor Lounge and BBQ Areas, Outdoor Zen Garden and Zen Lounge, Dining Room with Kitchen, Yoga Room, Zen Lounge, Two Home Theatre rooms with Kitchenettes.

Location

Steps from two subway stations. Minutes to the luxury shopping in Bloor-Yorkville. A short walk to the Eaton Centre, restaurants, patios and bustling street life. TeaHouse is ideally situated to take advantage of everything the city has to offer. It is in close proximity to several major employment hubs, schools, shopping districts and cultural attractions.
The building is situated at the intersection of major streets in downtown with access to important transportation roots and highways, including Highway DVP (Don Valley Parkway) that connects Downtown with the North part of the city through Haighway 404, and, at in the South it goes all the way along Lake Ontario, connecting to other highways as well.

For investors

This project is interesting due to combination of great location with relatively low prices. Rent in this location is in high demand, as it is surrounded by universities, hospitals, and offices. Therefore, it is ideal for investors.
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