Allure Condos is a new condos project which will be located at King St E & Sherbourne St, Toronto. This project is by experienced developer Emblem.

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Condo units starting Base price from low $600s (subject to change). Special Low Deposit Structure (8.75% in 540 days). Register now to book your unit and also avail the best incentives  

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Details of Allure Condos

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• Development name – Allure Condominiums
• Developer (s) – Emblem
• Architects – IBI Group
• Interior Designer – TBA
• No. of Tower/s – 1
• No. of floors –  43 storeys
• Total No. of units – 509
• Suites Starting floor- TBA
• Sq. footage for Condos from – 428 sq. ft. to 846 sq. ft.
• Ceiling height – 9 feet to 12 feet
• Suites availability in – Studio, 1BR, 1BR+den, 2BR, 2BR+den, 3BR

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Highlights & Why to buy unit at Allure Condos –

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• Prime Location: King St. East is a vibrant and sought-after area in Toronto, known for its trendy restaurants, cafes, and proximity to entertainment venues. This location offers convenience and a high quality of life, which can attract both tenants and future buyers.
• High Demand: Toronto’s real estate market has historically shown strong demand for condos, especially in desirable neighborhoods like King St. East. Investing in a property in a high-demand area can lead to potential appreciation in value over time.
• Quality Construction: Emblem Developments is known for its commitment to quality construction and attention to detail. Investing in a condo built by Emblem can provide assurance of a well-built and durable property.
• Amenities: This Condo developments comes with tons of amenities (Check details in the amenities). These amenities can enhance the living experience for residents and attract tenants willing to pay higher rents.
• Potential for Rental Income: With Toronto’s growing population and limited space for new developments, rental demand remains high. Buying a condo in this location could provide a steady stream of rental income, offering a favorable return on investment.
• Low Maintenance: Condos typically require less maintenance compared to single-family homes, making them an attractive option for investors who prefer a hands-off approach to property management.
• Security and Community: Allure Condos building comes with security features such as 24/7 concierge, surveillance cameras and secure entry systems, providing peace of mind for residents. Additionally, the sense of community fostered in condo buildings can be appealing to tenants and buyers alike.
• Potential for Appreciation: While past performance is not indicative of future results, investing in a condo in a rapidly developing area like King St. East could offer the potential for property appreciation over the long term.
• Overall, buying a Allure condo by Emblem at 250 King St. East in Toronto presents a compelling investment opportunity due to its prime location, quality construction, potential for rental income, and potential for long-term appreciation.

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Renderings & Important Facts about Allure Condominiums –

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Information for Investors –

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• Rentability– Neighborhood vacancy rates below 2% with less than 14 days on market
• Rental Appreciation– Rental rates appreciated an average 20% – 25% year over year (Source – Toronto Regional Real Estate Board)
• Rental Rates in the area are following-
  Studio – $2050 – $2495, Median – $2273, DOM- 26
• 1 Bedroom– $2300 – $2675, Median – $2500, DOM- 15         
• 1 Bedroom + Den- $2350-$3000, Median- $2550, Median DOM- 9
• 2 Bedrooms- $2800 -$3725; Median – $3425, Median DOM- 7
• 2 Bedroom + Den- $3450- $3725; Median – $3558, Median, DOM- 8
• 3 Bedroom- $6100- $6100; Median – $6100, Median, DOM- 25

(These are last 120 days stats from the date of updating this webpage i. e. Feb, 2024. Future rental rates could be different. E & O E)

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Walk Score –

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Location of Allure Condos Toronto –

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250, King Street East, Moss Park, Toronto Centre, Old Toronto, Toronto, Golden Horseshoe, Ontario, M5A 1K2, Canada

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Building amenities at Allure Condominiums –

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• 24 hr/7 Day a Week Concierge
• Outdoor Yoga
• Yoga & Virtual Studio
• Fitness Studio
• Indoor/Outdoor Children’s Play Areas
• Sauna, Spa
• Terrace with Private Dining and BBQs
• Lobby Lounge
• Social Lounge with Private Dining
• Private Screening Room
• Indoor and Outdoor Co-Working Lounges
• Personal Massage Room
• Rolls Royce Chauffeur Services
• Many more

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Special Extended Deposit Structure – (Payable to HARRIS SHEAFFER LLP in TRUST)

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• $10,000 Bank Draft on Signing as demand draft; Balance of 5% in 30 Days
• 5% in 90 days 2.5% in 366 days
• 2.5% in 120 days 1.25% in 540 days
• 2.5% in 540 days 1.25% 90 days before occupancy
• 10% on occupancy

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Parking

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STANDARD PARKING: $134,990 $129,990
EV PARKING ***

3 Bedrooms are eligible for parking
All other suite types will be waitlisted

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Locker

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Waitlisted

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Occupancy

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Spring 2028

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Maintenance Fee

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Approx. $ 0.69 per sq. ft. (Hydro & Water Metered Separately)
Bulk Internet & Smart Home System: $57.57/mo***
Parking Maintenance: $66.32/mo

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VIP/Platinum Incentives

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• Assignment
• Capped Levies
• Extended Deposit Structure
• And Many more

Big Incentives. Please register below

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VIP/Platinum pricing

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Please Register

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 Floor Plans

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Please Register

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Copyright © 2024. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyers/clients of units. We are independent brokers; representing buyers. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted.