Construction has begun at River City Phase Two while opportunities to buy remain
March 22, 2013

River City Phase 2 exteriorThere’s a ton of ongoing action at River City and we’re due for an update, so hold on to your hats!

Construction has started on the second phase of the West Donlands project and the first residents of Phase One will be moving in at the end of March.

There are only 29 suites remaining at River City Phase Two and five left at Phase One. If this isn’t a testament to how hot the downtown east community is, we don’t know what is.

The suites still available at Phase Two range from 461 to 1,579 square feet while the suites at Phase One start from 751 square feet and cap off at 1,180 square feet.

Great views are still available in both phases and Phase One is currently offering a 5 per cent deposit structure with the additional 5 per cent due 30 days before occupancy.

And of course, without the incredible activity in the area surrounding the development, River City would not be in the near-sold out position it is in today. The balance of Underpass Park as well as the 18 acre Don River Park are scheduled to open this spring. Both are located adjacent to River City.

Adding to the downtown east boom is all the new infrastructure being developed for the new Pan Am Village as well as a newly approved office complex, the King East Centre, which is located less than a kilometre from River City.

With Phase One occupying and a healthy spring market ahead, expect prices at River City Phase One and Two to rise soon. Don’t hesitate to hop on the remaining opportunities!

River City is a development by Urban Capital Property Group and Waterfront Toronto. For more info call 416 862 0505 or email info@rivercitytoronto.com.