King Blue by Greenland Group hits 70 per cent sold mark

KingBlue Exciting things are happening at Greenland’s King Blue development at King and Blue Jays Way in the heart of Toronto’s Entertainment District. Together, the two condominium towers are already over 70 per cent sold.

And now, the Greenland Group is offering purchasers of two-bedroom units a two-year leaseback with only a 10 per cent deposit required. If you’re thinking of joining this vibrant, downtown community, now would be a great time to do it!

Jeff Clark, Senior Vice President of Baker Real Estate Inc., said that King Blue’s desirable amenities have a lot to do with its massive success.

“Aside from location, we have great amenities in the building. King Blue by Greenland’s public spaces will be extensions of residents’ suites, with amenities that serve as a private escape or good for entertaining,” he said.

“The main feature in the building is the 9th floor rooftop terrace with waterfalls, fire pits and adjacent lounge and party room. This will serve as a gathering spot for social interaction, entertainment and conversations.”

He also detailed the thought process behind the building’s feel and atmosphere.

“King Blue by Greenland was designed to reflect the excitement and vibrancy of the King Street West lifestyle. King Street West is social and active and that is exactly the vibe that you get at King Blue,” Clark said.

He also explained why the two-year leaseback and 10 per cent deposit incentive is such a great deal for buyers and investors alike.

“The two-year leaseback benefits clients most, especially if they are investors as they are guaranteed a set amount of income regardless of how the market is doing at the time. This income is guaranteed for two years. Buyers also don’t have to worry about finding a renter as the developer will take care of that,” Clark said.

“The 10 per cent deposit is a great incentive as normally other projects ask for the standard 20 per cent deposit. Here at King Blue by Greenland, we only ask for 10 per cent. This means you get to own a unit with just putting down 10 per cent deposit. Buyers like this as it does not tie up their money.”

Located at 355 King West, King Blue Condos is in the heart of all the action with the Rogers Centre, the Entertainment District and the shops along Queen Street West all within walking distance. The 913-unit building is also surrounded by plenty of both gourmet and laidback restaurants and bars, including Khao San Road, Montecito, King Street Social Kitchen, Barhop and O&B Canteen.

In addition to its bustling location and impressive amenities, the building also features elegant interior features throughout. Details like the polished granite countertops, islands and stainless steel integrated appliances in the kitchens and the polished marble countertops and designer vanity mirrors in the luxurious bathrooms complement each other, creating a flowing, dynamic look in each suite.

Those interested in this desirable development will have to act fast, as it’s clearly quite a popular choice among downtown dwellers.

To find out more about King Blue Condos, visit kingbluecondos.com or call 416 599 1355.

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