Sunday, February 13, 2011

Great Views at M5V

One of the most common questions posed by Toronto condo purchasers is whether views are important. With the City of Toronto developing at such a rapid rate, it makes purchasing condos with unobstructed views a challenge. With builders understanding how views can be important to prospective purchasers, Toronto condos with unobstructed views definitely have purchasers paying a premium.


The first question you must ask yourself is if having a view from your balcony or windows is important to you. When you begin looking at Toronto condos, it is important for you to know that unobstructed views are very difficult to come by, especially on the lower floors. Even if you find a condo that has a great view from a higher level, always make sure to see if there is a parking lot below. If there is, keep in mind that the chance of a builder developing a condo on that lot is highly probable.

Once you have decided that an unobstructed view is important to you in your Toronto condo purchase, you must figure out what type of view is important to you. In the City of Toronto, the south view is considered the premium view. Depending which Toronto condo you are looking in, the south view can have both city and water views, which makes for an incredible sight. Builders have started to capitalize on this exposure by charging purchasers more per square foot when purchasing a south facing condo unit. If you move more south of the city down to the lake, south views are directly facing the lake. The views from these condominiums will never change and will always maintain their waterfront views. If you don't want to purchase on a high floor, but do want an unobstructed view, there are many condos on Toronto's waterfront that offer purchasers this option.

Buildings located in the centre of downtown Toronto can have stunning unobstructed views. The key is to be on a high floor. Developers have started constructing condos higher than ever in order to achieve these views from all directions. With south views being the most sought after, east and west views also have their advantages. For people who enjoy waking up early to sunlight, east exposure is ideal for them. On the other hand for those who enjoy to watch the sun set and to have longer afternoon light, it is the west exposure that is best suited for you. Ideally Toronto condos that are corner units, can provide double exposure of views. Corner units usually mean having windows in all bedrooms which can be a huge advantage when it comes time to sell your Toronto condo.

It is not only penthouse units in Toronto nowadays that have incredible views such as the higher floors at M5V. In fact many high rise condominiums are offering unobstructed views from their normal suites- not only their penthouse units. A good view is important to many people, therefore purchasing a Toronto condo with a view can help increase the value of your unit when you go to sell!

Click on M5V Condos for more information.

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Contact me if you are interested in purchasing in the M5V Condos.

The M5V Condos on King

LOCATION: 375 King Street West ( east of spadina on King). Named after the first half of the postal code.

DESCRIPTION: Enjoy the contemporary art in the lobby of this innovative new condo building. 30 storey condo building with 220 units and 3 elevators.Cancel your gym membership! The M5V offers its residents a yoga / pilates/ dance studio and a gym with showers and a steam room.The roof top terrace features a hot tub for use 365 days a year and a BBQ cooking area for those hot summer nights.

FEATURES: 24 hour concierge, meeting room and business centre, spa and fitness centre with a yoga/ dance studio, dining room with kitchen, lounge and sitting area, games room, roof top hot tub and BBQ area, 2 guest suites.

OCCUPANCY: 2011