Allure Condos is a new pre-construction condo development by Emblem Developments. Coming soon to 250 King Street East in Toronto.

INCENTIVES 

GUARANTEED 8% INTEREST ON THE FIRST 5% DEPOSIT

10% DEPOSIT BEFORE OCCUPANCY

$10,000 on Signing
Balance of 5% in 30 Days
2.5% in 366 Days
1.25% in 540 Days
1.25% 90 Days before Occupancy
10% on Occupancy

FREE ASSIGNMENT

(Valued at $5,000)

RIGHT TO LEASE DURING INTERIM OCCUPANCY

(Valued at $5,000)

CAPPED DEVELOPMENT LEVIES

1B+Den & Smaller: $17,500 + HST
2B and Larger: $20,000 + HST

REDUCED PARKING

Standard Parking Price: $134,990  $129,990

 PRICING 

Studio From $600’s
1 Bed & 1 Bed + Den From $700’s
2 Bed From $900’s
3 Bed From $1.1M

Highlights at Allure Condos

• Close to the St.Lawrence Market
• Close to the George Brown College
• The TTC Street Car At Door Steps
• Short Drive to the DVP
• Step to the Distillery District

Exploring the Merits of Investing in Allure Condominiums

1. Geographical Appeal

Situated within the burgeoning stretch of Bloor Street, an influx of captivating boutiques, dining establishments, and more signals a progressive densification, marked by the emergence of upscale grocery outlets and various amenities.

St. James Town boasts a unique advantage with its close proximity to Toronto’s dynamic neighborhoods. A brief stroll west leads to Yorkville, a realm of refined dining, avant-garde art galleries, and upscale retail experiences.

Equally accessible, residents can venture south to Cabbagetown and Church and Wellesley. Church and Wellesley, steeped in historical significance and recognized as Toronto’s LGBTQ+ hub, hosts community events, including the renowned Pride festivities, right at the doorstep of 8 Wellesley. Nearby attractions like Massey Hall, an array of shops, and diverse dining establishments contribute to making Church and Wellesley a lively and stimulating place to reside. Enjoy an inspiring afternoon at the Art Gallery of Ontario or catch a film at the charming Carlton Cinema. The glitzy Yonge & Dundas Square plays host to concerts and city events, amplifying the vibrancy of this neighborhood with festivals, parades, and cultural celebrations.

These three neighborhoods, all within a brief walking distance, afford residents the convenience of urban living while residing slightly off the well-trodden path.

For parents, the proximity to esteemed educational institutions like Rose Avenue Junior Public School, Toronto Private High School, Blyth Academy Yorkville, and the Abelard School adds to the appeal of 234 King Street East Condos. Notably, the incorporation of heritage houses into the building complex enriches the residential landscape, seamlessly blending modernity with the area’s charming architecture.

2. Transit Convenience

Allure Condos enjoys a strategically advantageous location at the crossroads of Toronto. A mere five-minute jaunt from the front door puts residents on the subway, connecting them effortlessly to various city destinations. Sherbourne Station, part of the TTC Subway Line 2, facilitates seamless East/West travel, easily linking to Line 1. This connectivity opens up the entire Greater Toronto Area (GTA), with options to reach Union Station or explore the city’s northern, eastern, and western corners.

Furthermore, navigating the city by car is remarkably convenient. Despite Toronto’s reputation for congested traffic, residents benefit from straightforward access to the Don Valley Parkway, merely minutes away from 234 King Street East. This expressway provides a scenic and direct route into and out of the city.

3. Developer Profile

Emblem, a relatively nascent player in the development landscape since its establishment in March 2019, prides itself on crafting homes and living spaces aligned with their own living standards. Their major projects, Artform Condos and 86 Dundas St. E, are integral parts of the broader Dundas Connects Initiative.

Community-centric growth stands as Emblem’s paramount focus. As a burgeoning developer, sustainability guides their approach to innovation and responsibility. Emblem, a subdivision of the esteemed First Avenue firm, an investment management company founded in 2009, operates under the leadership of CEO Kash Pashootan. His accolades, including recognition in Canadian Business, National Post, and The Globe & Mail, underscore his standing as a Top 50 Portfolio Manager by Wealth Professional.

Despite being a newcomer, Emblem Developments undertakes the challenge of revitalizing the Dundas Corridor, aspiring to set new standards in sustainability and enhance the quality of life for Cooksville residents.

4. Investment Prospects

Toronto is poised to host the world’s highest concentration of high-rise condos in the near future. The downtown core and West End remain alluring to young professionals seeking to establish families and homes. With continual growth in Toronto’s vibrant regions, especially the Garden District, Cabbagetown, Church & Wellesley, and St. James Town undergoing transformative changes, now presents an opportune moment to explore investments in the area.

Condominium prices in Toronto comfortably sit in the high $400K range, experiencing an annual growth rate of approximately 10%. Proximity to universities, campuses, and businesses enhances the area’s appeal for students and young professionals seeking a hassle-free commute.

St. James Town, amid significant transformation, anticipates densification and rejuvenation. The area’s unique charm makes it a sought-after locale for diverse demographics to establish roots and an appealing rental choice for students during their post-secondary pursuits. This positions investment in homes within the area as a prudent choice.

Property Details Allure Condos

• Developer: EMBLEM Developments.
• Architect: IBI Group
• Building Type: Condominium
• Ownership: Condominium
• Building Status: Pre-construction
• Selling Status: Platinum Access
• Storeys: 43
• Suites: 509
• Suite Type: Studio – 3
• Suite Size: 428 – 846
• Launch: 2023

Pricing & Fees Allure Condos

• Price: $729,990 – $1,349,990
• Cost of Parking: $129,990
• Parking Availability: 3 Bedrooms are eligible for parking. All other suite types will be waitlisted.
• Cost of Locker: Waitlisted
• Maintenance Fee: $0.69/PSF
• Notes: Hydro & Water Metered Separately
• Parking Maintenance: 57.57
• Locker Maintenance: 66.32
• Lawyer: HARRIS SHEAFFER LLP in TRUST.

Deposit Structure Allure Condos

• $10,000 signing
• 5% 30 days
• 2.5% 366 days
• 1.25% 540 days
• 1.25% 90 days before occupancy

Current Incentives Allure Condos

• ONLY 5% A YEAR!*
• Free Assignment (Valued at $5,000. Plus legal fee & HST)**
• Right to Lease During Interim Occupancy***
• CAPPED Development Levies
  • 1B+Den & Smaller: $17,500 + HST
  • 2B and Larger: $20,000 + HST
• Reduced Parking**** (Standard Parking Price: $134,990)