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The Selby - selby-hero

Canceled

This development has been canceled.

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The Selby.

In November of 2014 we put together an exclusive incentive package, in partnership with Insider Condo Club, that made for one of the year’s best investments. The 50 storey tower coming to Bloor and Sherbourne offered investors a great location, situated just blocks away from both the Yonge and Bloor subway lines.

Though somewhat marred by stigmas surrounding the area, the location makes for an excellent real estate investment. There is a somewhat quiet $1.1 Billion revitalization project about to get underway, with The Selby leading the charge. More than six new towers, rows of townhomes and revamped green space are set to refresh the neighbourhood and bring an injection of money and capital into the community.

Just after we held a private one-day sales event, the developer gave notice that the entire development had drawn interest from multinational investment firms and was subsequently sold to a North American Private Equity Fund in an unprecedented sale.

 

Developer

Cityzen Development Group

Address

592 Sherbourne St, Toronto, ON

Neighbourhood

Yorkville, Toronto

Architects

Contact Us

Interior Designer

bKL Architecture (Thomas Kerwin)

Sales Status

Registration

Estimate Completion

2018

Priced From

Contact Us

Storeys & Units

49 Storeys & 441 Units

Building Type

Condo

*Dates and Information are subject to change

Development Location

592 Sherbourne Street,
Toronto, Ontario

The Selby - selby-tall

Location Location Location

Where South Rosedale meets East Yorkville. Sort of.

Transportation

Steps from both the Yonge and Bloor subway lines. Get anywhere in the city, fast.

$1.1 Billion Revitalization

6 new towers. 2,415 new residential units. $1.1 Billion in improvements to the area.

Value

Lesser, older buildings in immediate proximity are trading at higher prices than The Selby.

Two Year Leaseback

The developer agreed to offer a two year leaseback program which guarantees you a healthy rental rate for two years starting on Occupancy. What does it mean? Cash flow.

One Year Free Maintenance

What’s the only thing better than low maintenance fees? No maintenance fees. Fatten your bottom line and increase cash flow from year one as the developer gives you a cheque for one year’s maintenance fees.

$3.30/PSF Rental Guarantee

Rent your unit for two years at a guaranteed rate of $3.30 per square foot. That’s more than 10% above the current market value. Rental guarantees are a staple element of sound condominium investing.

CONNECT asset management ROI Score

By Using Our ROI Calculator Quickly Estimate What Your Investment Could Yield

"CONNECT, and in particular Ryan, introduced us to the condo market in 2006 and we have since done a number of transactions with them. We have gotten to know and work with him, Matt and their exceptional team (Spring in particular). CONNECT, our exclusive Broker, took the time to understand our investment objectives, enabling us to waste less time "shopping the market".

PREM PRASHAD

“I just want to thank you for your solid advice, direction and your personal attention. I am amazed at what you have helped me accomplish in less than a year!”

JUDITH MILNE

“The hardest working team in real estate!! CONNECT asset management is the first to know about investments both inside and outside of the city!”

ANGELA WOOD

“I found CONNECT asset management through a regular information e-mail and was able to buy an excellent new build property with them. Matt, Ryan and Spring are all very pleasant, helpful and quick to reply. I highly recommend them!”

ALLA VOL

"I rely on CONNECT's un-matched knowledge of the market and their exceptional honesty, reliability, and customer focus. For example, their response time to questions is usually within the hour. I appreciate the hand-holding that is done by the team at CONNECT to ensure that you are on top of meeting payment schedules on new developments."

AMRITA PRASHAD

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