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The Residences on Lombard Condos
For Sale From: $1,399,000
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The Residences on Lombard Condos Price History
$1,049/sq.ft.
*****
*****
since launch
as of April 03, 2024
1 Bed
Sold Out
$1,510/ft
Last Price・Feb 2022
*****
1 Bed + Den
Sold Out
$1,509/ft
Last Price・Feb 2022
*****
2 Bed
From $1,399,000
$1,049/ft
-$295
(-21.9%)
Since Launch
Price Change
ALL
Last
1 W
1 M
3 M
1 Y
2 Y
3 Y
Studio
1 bed
2 bed
3 bed
|
Union
1 Bed
1 Bath
554 sq.ft
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|
No Price Recorded
Sold Out
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|
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Campbell
1 Bed
1 Bath
558 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Gibson
1 Bed
1 Bath
558 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Colborne
1.5 Bed
2 Bath
848 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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Mackenzie
2 Bed
2 Bath
1102 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Trinity
2 Bed
2 Bath
1102 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Grange
2 Bed
2 Bath
1102 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Gooderham
2 Bed
2 Bath
1129 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
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Osgoode
2 Bed
2 Bath
1144 sq.ft
|
|
Last Recorded Price
*****
Sold Out
|
|
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Balfour
2 Bed
2 Bath
1334 sq.ft
|
|
$1,049/ft $1,399,000
1049 |
All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
The Residences on Lombard Condos is a new condominium development by Great Gulf Homes that is now complete located at 22 Lombard Street, Toronto in the Downtown Core neighbourhood with a 98/100 walk score and a 100/100 transit score. The Residences on Lombard Condos is designed by ERA Architects and will feature interior design by Burdifilek. Development is scheduled to be completed in 2022. The project is 5 storeys tall and has a total of 17 suites ranging from 554 sq.ft to 1334 sq.ft. Suites are priced from $1,399,000 to $1,399,000.
Developers
Great Gulf Homes
View All Developments
41
Total Developments
11
Pre Construction
5
Under Construction
24
Complete
About Great Gulf Homes
Great Gulf Homes: A Synonym for Architectural Brilliance in Toronto's Real Estate
Great Gulf Homes has been an emblem of innovation and excellence in Toronto's real estate market for over 45 years. With a profound legacy of transforming concepts into living spaces, the company has developed over 80,000 homes, reflecting its unwavering commitment to design, technology, and experience. Here's a comprehensive look at Great Gulf Homes, spotlighting the key aspects of the company, its landmark developments, and the unique attributes that set it apart in the industry.Great Gulf Homes at a Glance
- Foundation and Legacy: Established in 1975, Great Gulf Homes has been transforming visions into reality for over four decades. The company's guiding principle of innovation is evident in each of its 80,000 homes.
- Core Values: Every Great Gulf house or condominium is a testament to the company's core values – Design, Technology, and Experience. These values have not only resulted in homes with higher resale and rental values but have also garnered numerous awards and accolades.
- Recognition and Awards: Great Gulf Homes has been honored as the Home Builder of the Year multiple times. Notably, it has won the prestigious BILD Home Builders of the Year awards, underscoring its excellence and innovation in the design, construction, sales, and marketing of new homes in the GTA.
Key Highlights of Great Gulf Homes' Developments
- Customer Satisfaction: With a 4.2 overall rating, Great Gulf Homes has earned commendable customer satisfaction scores, reflecting the company's commitment to quality, caring, and responsiveness.
- BILD Awards: An industry first, Great Gulf Homes swept both the Mid/High Rise and Low Rise Builder of the Year honours at the 40th Annual BILD Awards, demonstrating its versatility and commitment to excellence across different segments of residential development.
- Innovative Projects: Great Gulf Homes is known for its landmark projects like One Bloor, a mixed-use tower that stands as a testament to the company's commitment to high standards and fulfilling homebuyers' needs.
Notable Projects by Great Gulf Homes
- One Bloor: An iconic condo and mixed-use tower that has reshaped Toronto's skyline, reflecting Great Gulf's commitment to superior design and quality.
- Gehry Project: A collaboration with the renowned architect Frank Gehry, this project is set to redefine Toronto's skyline with two towers, each boasting its own personality while engaging in a dynamic conversation, reflecting the vibrancy of the city.
- Active House: A revolutionary project setting new standards for indoor comfort, energy efficiency, and sustainable building practices, demonstrating Great Gulf Homes' commitment to innovation and environmental stewardship.
Customer Reviews and Testimonials
Great Gulf Homes' dedication to quality, innovation, and customer satisfaction is consistently reflected in the positive feedback from residents. The company's focus on creating not just homes but comprehensive lifestyle environments resonates deeply with those who choose Great Gulf Homes as their builder.Neighbourhoods
Downtown Core
Neighbourhood in
Toronto
Development Status
View on Map
55
Total Developments
13
Pre Construction
8
Under Construction
34
Complete
About Downtown Core
Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm
Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:
Why People Love the Downtown Core:
- Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
- Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
- High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line.
Local Amenities and Real Estate Highlights:
- Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
- Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
- Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers.
Real Estate Dynamics:
- Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location.
- Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
- Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.
Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.
Key Information
Sales Status
Selling
Development Status
Complete Building Type
Condo
Price Range
$1,399,000
Suite Sizes
554 sq.ft to
1334 sq.ft
1334 sq.ft
Avg. Price (/ft)
$1,049
Parking Price
Included (1) Locker Price
Included (1) Mt. Fees (/ft)
- Deposit Structure
(5%)
$10,000.00 On Signing
Balance to 5% - 30 days
- Change Rooms
- Treatment Room
- Private Lounge
- Rooftop Sky Lounge
- Lounge Area with BBQ
- Billiard Room
- Dining Room
- Steam Room
- Underground Parking
- Bar Area
- Sky Garden
- Catering Kitchen
- Fitness Centre
- Work Spaces
- Outdoor Pools
- Outdoor Dining Area
- Media Room
- Health and Leisure Studio
BUILDING HIGHLIGHTS
• Private entry from Lombard Street
• Dedicated elevator service – Exclusive to the Residences on Lombard
• Via the exclusive Skywalk - Residents of the Residences
on Lombard have access to both the Yonge+Rich tower amenities (located on level 5) and the exclusive Lombard Tower amenities (located on level 46).
• Private entry from Lombard Street
• Dedicated elevator service – Exclusive to the Residences on Lombard
• Via the exclusive Skywalk - Residents of the Residences
on Lombard have access to both the Yonge+Rich tower amenities (located on level 5) and the exclusive Lombard Tower amenities (located on level 46).
• Private Couture Lounges designed by world-renowned interior designers Burdifilek
• Professional Catering Kitchens for large- and small-scale events
• Health and Leisure Studio for yoga, aerobics or Pilates, featuring state-of-the-art fitness equipment
• Sky Garden featuring outdoor pool, BBQ and expansive dining and lounge areas
• Property management providing responsive personal service
• Brightly lit underground parking in tower monitored by security
• Secure encrypted key fob building access
THE HERITAGE SUITES
• Unique grand terraces up to 560 sq. ft., on level 5
• Smooth finished ceilings with ceiling heights of approximately 10’0” in suites 201, 202, 203 and 205, approximately 9’6” in suite 204, approximately 9’0” on level 3, approximately 8’6” on level 4, and approximately 9’0” on level 5.**
• Solid core suite entry door to including hardware with RFID, security code access and security view
• Recessed ceiling lighting in foyer*
• Individual in-suite climate control for year-round heating and cooling comfort, with ventilation system bringing fresh air directly into suite
• Sealed suite entry door for enhanced noise reduction
• Designer selected pre-finished engineered wood flooring throughout (except in bathrooms and laundry)
• Architecturally-designed trim includes baseboards, door frames and casings
• Baseboards, door frames, and casings to be painted white
• Black matte metal door handles and hardware
• Sliding or swing doors in bedrooms*
• Insulated double-glazed aluminum and/or wood windows
• Acoustically insulated partitions on common bedroom walls*
• Washer/dryer stacked or side by side, with exterior venting*
• Hose bib, electrical outlet, and gas line on level 5 terraces*
• High-speed internet and ‘future technology’ ready
• Exposed brick*
THE KITCHENS
• Designer kitchen cabinetry, in a variety of finishes with soft close hardware*
• Recessed under-mount cabinet lighting
• Designer selected quartz kitchen countertop*
• Designer appointed gourmet kitchen island with quartz countertop and cabinetry*
• Quartz backsplash
• Single stainless steel undermounted sink with finished slab edge. Designer faucet and integrated pull-out head
• Suites to contain kitchen appliances including integrated refrigerator, gas cooktop and stainless steel convection oven, integrated hood fan, stainless steel microwave, and integrated dishwasher*
THE BATHROOMS (ensuite bathroom or main bathroom in one-bathroom suites)
• Designer bathroom cabinetry, with softclose hardware
• Quartz countertop with single or double undermounted sinks and matte black faucet*
• Custom designed mirror and wall cabinet*
• 12”x 24” porcelain floor tile
• Free-standing tub or soaker tub with frameless glass enclosure*
• Frameless glass walk-in shower*
• Pot lights and/or vanity sconces*
• Designer spa shower fixture with hand shower*
• Accessory package including robe hook, towel bar and toilet paper holder, where applicable
• Ceramic wall tiles in tub/shower enclosure
• Contemporary white plumbing fixtures
• Exhaust fan vented to exterior
• Privacy locks on bathroom door
THE SECOND BATHROOMS(in two-bathroom suites only)
• Designer bathroom cabinetry with soft close hardware
• Quartz countertop with undermounted sink and matte black faucet
• Custom designed mirror above vanity*
• 12”x 24” porcelain floor tile
• Ceramic wall tiles in shower enclosure
• Frameless glass walk-in shower*
• Soaker tub with frameless glass enclosure*
• Pot lights and/or vanity sconces*
• Spa shower fixture with hand shower*
• Contemporary white plumbing fixtures
• Accessory package including robe hook, towel bar and toilet paper holder, where applicable
• Exhaust fan vented to exterior
• Pressure balance valve for tub and shower
• Privacy locks on bathroom door
THE TECHNOLOGY
• Emergency voice communications system, smoke, heat and carbon monoxide detector, where applicable, in each suite
• Pre-wired for high-speed internet access with “future technology-ready” features in all suites (service not included)
• Rough-in for future security system
• Pre-wired for cable TV and telephone*
• White “Decora” style switches and outlets
• Professional Catering Kitchens for large- and small-scale events
• Health and Leisure Studio for yoga, aerobics or Pilates, featuring state-of-the-art fitness equipment
• Sky Garden featuring outdoor pool, BBQ and expansive dining and lounge areas
• Property management providing responsive personal service
• Brightly lit underground parking in tower monitored by security
• Secure encrypted key fob building access
THE HERITAGE SUITES
• Unique grand terraces up to 560 sq. ft., on level 5
• Smooth finished ceilings with ceiling heights of approximately 10’0” in suites 201, 202, 203 and 205, approximately 9’6” in suite 204, approximately 9’0” on level 3, approximately 8’6” on level 4, and approximately 9’0” on level 5.**
• Solid core suite entry door to including hardware with RFID, security code access and security view
• Recessed ceiling lighting in foyer*
• Individual in-suite climate control for year-round heating and cooling comfort, with ventilation system bringing fresh air directly into suite
• Sealed suite entry door for enhanced noise reduction
• Designer selected pre-finished engineered wood flooring throughout (except in bathrooms and laundry)
• Architecturally-designed trim includes baseboards, door frames and casings
• Baseboards, door frames, and casings to be painted white
• Black matte metal door handles and hardware
• Sliding or swing doors in bedrooms*
• Insulated double-glazed aluminum and/or wood windows
• Acoustically insulated partitions on common bedroom walls*
• Washer/dryer stacked or side by side, with exterior venting*
• Hose bib, electrical outlet, and gas line on level 5 terraces*
• High-speed internet and ‘future technology’ ready
• Exposed brick*
THE KITCHENS
• Designer kitchen cabinetry, in a variety of finishes with soft close hardware*
• Recessed under-mount cabinet lighting
• Designer selected quartz kitchen countertop*
• Designer appointed gourmet kitchen island with quartz countertop and cabinetry*
• Quartz backsplash
• Single stainless steel undermounted sink with finished slab edge. Designer faucet and integrated pull-out head
• Suites to contain kitchen appliances including integrated refrigerator, gas cooktop and stainless steel convection oven, integrated hood fan, stainless steel microwave, and integrated dishwasher*
THE BATHROOMS (ensuite bathroom or main bathroom in one-bathroom suites)
• Designer bathroom cabinetry, with softclose hardware
• Quartz countertop with single or double undermounted sinks and matte black faucet*
• Custom designed mirror and wall cabinet*
• 12”x 24” porcelain floor tile
• Free-standing tub or soaker tub with frameless glass enclosure*
• Frameless glass walk-in shower*
• Pot lights and/or vanity sconces*
• Designer spa shower fixture with hand shower*
• Accessory package including robe hook, towel bar and toilet paper holder, where applicable
• Ceramic wall tiles in tub/shower enclosure
• Contemporary white plumbing fixtures
• Exhaust fan vented to exterior
• Privacy locks on bathroom door
THE SECOND BATHROOMS(in two-bathroom suites only)
• Designer bathroom cabinetry with soft close hardware
• Quartz countertop with undermounted sink and matte black faucet
• Custom designed mirror above vanity*
• 12”x 24” porcelain floor tile
• Ceramic wall tiles in shower enclosure
• Frameless glass walk-in shower*
• Soaker tub with frameless glass enclosure*
• Pot lights and/or vanity sconces*
• Spa shower fixture with hand shower*
• Contemporary white plumbing fixtures
• Accessory package including robe hook, towel bar and toilet paper holder, where applicable
• Exhaust fan vented to exterior
• Pressure balance valve for tub and shower
• Privacy locks on bathroom door
THE TECHNOLOGY
• Emergency voice communications system, smoke, heat and carbon monoxide detector, where applicable, in each suite
• Pre-wired for high-speed internet access with “future technology-ready” features in all suites (service not included)
• Rough-in for future security system
• Pre-wired for cable TV and telephone*
• White “Decora” style switches and outlets
Additional Information
Walk Score
98 / 100 Transit Score
100 / 100
Count
5 Floors17 Suites
Height (M)
-
Height (Ft)
-
Data last updated:
April 2nd, 2024
Total Floor Plans
10 (1 Available)
Price Range
$1,399,000
Avg. Price per Foot
$1,049/sq.ft
Show Available & Sold | Suite Name | Suite Type | Size | View | Floor Range | Price |
|---|
All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
- Launch Price/ft
- *****
- Current Price/ft
- $1,049 /ft
- Change from Launch
- *****
- 2 Bed Price
- $1,049/ft
- 2 Bed Change from Launch
- *****
