King Charlotte (Entertainment District) by Lamb
GENERAL INFORMATION |
King Charlotte is a New Condo Development in the Entertainment District by Lamb Developments. There is currently very little information on the development, however, as always contact us using the form below (or sign up to our newsletter using the form on the right) to be the first to know as soon as any new information becomes available.
| Developer | Lamb Developments |
| Address | 11 Charlotte St. |
| District | Entertainment District |
| Completion Date | January 2014 |
| Approx Price/Sq.Ft. | From $580 (in Podium), $600-$670 in Tower |
| Deposit Structure | 15% in 6 Months + 5% on Occupancy |
| Parking Cost | $39,500 (Available for 842sq.ft units and above only) |
| Maintenance Fees/Sq.Ft. | $0.52 |
King Charlotte was listed in our "Hot Projects for 2011" list, and with Lamb's recent success with Theatre Park and Glas, it's quite obvious why. His attention to detail with modern designs for both exterior and interior have made Lamb Developments popular choices for home buyers, with Glas commanding some of the highest resale in Toronto (suites reaching around $600 per square foot).
We were originally told this development would be launching in December, and have been sitting on our thumbs waiting for information to come through for a little while. Yesterday we were given information that the development had been given a name (we were surprised they didn't go with Glas II) and a couple of (pretty sweet) renders were released. Stay with TalkCondo for all the latest on the development.
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MAP |
PRICE ANALYSIS |
A more detailed price analysis will be conducted once the pricing has released. Below are some developments in the pre-construction market that we believe will be comparable to King Charlotte.
| Development | Address | Price/Sq.Ft. | Occupancy | Mt.Fees/Sq.Ft | Parking | Deposit |
| KING CHARLOTTE | 11 Charlotte | Approx $600 | Jan 2014 | $0.52 | $39,500 | 15%+5% |
| Charlie (Inventory) | 430 King W | $700 | 2011 | $0.45 | $38,000 | 5% |
| M5V (Inventory) | 375 King W | $700 | 2011 | $0.44 | $45,000 | 5% |
| Mercer | 8 Mercer St. | $575-$625 | Dec. 2014 | $0.515 | $45,000 | 15%+5% |
| Bisha | 56 Blue Jays | $750 | Spring 2014 | $0.57 | $45,000 | 20%+5% |
| Thompson Residence | 621 King W | $600-$800 | 2013 | $0.49 | $40,000 | 20%+5% |
More detailed resale analysis will be completed once we have pricing information for King Charlotte. Below are developments in the resale market that are located in the Entertainment District.
| Development | Price/Sq.Ft. | Approx Appreciation Rate |
| Hudson (438 King W) | $550+ | TBC |
| Icon (250-270 Wellington) | $550-$570 | 9-11% |
| Glas (25 Oxley) | $550-$600+ | TBC |
| Element (20 Blue Jays Way) | $550-$550 | 8-10% |
RENTAL MARKET |
A detailed rental analysis will be conducted once we know more about King Charlotte.
| Type | Rent |
| Studio | TBC |
| 1 Bedroom | TBC |
| 1+1 Bedroom | TBC |
| 2 Bedroom | TBC |
ARTICLES ABOUT THIS DEVELOPMENT BY TALKCONDO |
- VIP Launch: King Charlotte Launching March 8th
- King Charlotte VIP Day is TODAY
- Hot New Condo Projects for 2011
by Roy Bhandari on February 28, 2011
by Roy Bhandari on March 8, 2011
by Roy Bhandari on January 20, 2011
CONTACT US |
If you are interested in receiving more information about this development including floorplans and detailed pricing, please fill out the contact form below or call Roy direct at 416-835-9436. If you would like TalkCondo to send you new developments as soon as they launch to your inbox, sign up to our newsletter here.
