SOLD OUT! Resale Scarborough Academy Condos at The University of Toronto Scarborough Campus From Low $200’s!
The Academy Condos by The University of Toronto Scarborough
Rising 26 storeys, The Scarborough Academy Condos is an architectural master piece to say the least. The glass and steel structure overlooks The University of Toronto Scarborough, the beautiful Rouge Valley, Morningside Park as well as Lake Ontario on the horizon. Located steps away from higher education, The Academy Condos in Scarborough Toronto will feature only 339 condominiums for sale, each of which presents a unique and exciting opportunity for not only homebuyers but also investors seeking positive cash flow Scarborough condos. The University of Toronto Scarborough Academy condos can be fully managed and furnished by professionals for up to a fifteen per cent return as they are ideally situated just steps from the University Campus. Rising twenty six storeys in height, available homes start from an affordable low $200’s. The Academy Scarborough condo tower is brought to you by LeMine Group and Devron Developers and the project site location is at Ellesmere & Morningside Scarborough Toronto. The floor plans will range in size between approximately 425 to over 800 square feet, with numerous floor plans for presale homebuyers to choose from. The price range for The Academy Condos by The University of Toronto Scarborough will range between the low $200’s (as specified above and only for a limited time) to about $365,400 for the larger units. Currently, the deposit structure is very favourable to home buyers with 20% down payment required over 2 years. The expected maintenance costs are just less than 50 cents per square foot with hydro being an extra expense. The presale Scarborough Academy condos also offer underground parking for about $10-11k. For more information about this ideal positive cash flow Scarborough condo investment, please visit www.academycondos.com today for more details.
PLEASE NOTE that The Academy Condos in Scarborough Toronto are now SOLD OUT as of August 2014! If you are looking for resale opportunities or Scarborough condo assignments at The Academy Condos, please stay tuned.
The Scarborough Toronto Condo Investment of the Year
In a league of their own, The Academy Condos at The University of Toronto Scarborough presents a very valid and great opportunity for condo investors to get into the market. There is a huge need for affordable student housing near the University of Toronto Scarborough and The Academy Condos are ideally situated close to campus and are at the same time very affordable with pricing starting from the low $200,000 range. Convenient housing for staff and students at the University are the main draw for this development, but the residential tower has many other benefits for home ownership. The exceptional amenities, services and security featured here also bode well for any homebuyer seeking a new condo home. Whether you are considering a condominium for your children attending school, or are looking for a terrific real estate investment with a ready supply of rental tenants, The Academy Scarborough condos is the perfect choice. Luxurious, safe, convenient – and priced just right! Did you know at The Scarborough Academy Toronto condos are just 100 metres away from Centennial College and 300 metres away from the Scarborough U of T campus? With over 12,000 students attending these colleges and up to 17,000 in the next 2 decades, this is the project where you can get positive cash flow from the start. The Academy is a safe and solid Toronto Scarborough condo investment for you and your family. As well, the Toronto Pan Am Sports Centre and the expansive master planned future University of Toronto campus are also within walking distance from your front door. The development team also includes KirKor Architect & Planners, UNION31 Interior Design group, Land Art Design, Milborne Real Estate and Barry Lyon Consultants.
Area Amenities include:
3 minute walk to University of Toronto Scarborough
1 minute walk to Centennial College
6 minute walk to 2015 Toronto Pan Am Games Sports Centre
8 minute walk to Centenary Plaza and Rouge Valley Centenary Hospital
2 minute drive to HWY 401
3 minute drive to Wal-Mart and Cineplex Cinema
8 minute drive to Lake Ontario
23 minute drive to downtown Toronto (Yonge and Bloor)
University of Toronto Scarborough Campus is rapidly expanding, with a grand vision and masterplan over the next 25 years. UTSC will bolster its position as a robust pillar in the tri-campus system of the University of Toronto. If you choose The Academy Condos at The University of Toronto Scarborough, you will be in the heart of it all!
2014. Toronto Pan Am Sports Centre: $248,000,000
2015. U of T Environmental Sci. & Chemistry Building: $65,120,000
2016. Student Life Centre: $81,600,000
2017. Hotel & Conference Centre: $29,200,000
2018. Centre for the Arts: $45,000,000
From Urban Toronto: The condos, designed by Kirkor Architects, are being built primarily to solve the housing situation that many of the university’s students face. At UTSC there are only 769 student beds, only offered to freshmen, for a student population of over 12,000 and rising. The need for additional housing is crucial especially considering that the student population is expected to rise by 5,000 in the next two decades. The project also targets staff at UTSC and the nearby Centenary Hospital.
The On-Site Amenities at The Scarborough Academy Toronto Condos
There landmark tower residences will feature a full fitness centre, study rooms for students, a resident concierge desk, movie screening room as well as an outdoor terrace deck on the roof. As well, the Scarborough Academy Toronto condos will feature 2 outdoor amenity spaces (one on the 2nd floor and the other on the 5th floor). There will be outdoor terraces that will offer residents spaces to lounge and dine both in the shade and sun, as well as a theatre space for enjoying movies on starry summer nights. And in the winter the space serves as a green roof to insulate The Academy Scarborough condo tower in an energy efficient way, while lots of interior amenity spaces are available for relaxation, recreation, and entertainment. The project’s location also offers residents close access to neighbourhood shopping including retail space at ground level, the vast green space of Morningside Park, and health facilities at Rouge Valley Centenary Hospital.
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