Pier 27 is an iconic address. It’s known for luxury, unique architecture, quality material and build, quality throughout the unit finishes, and of course the amazing hotel amenities. A building of this caliber of architecture and luxury will always holds its investment value and stand as an icon in the Toronto condo landscape, as no other buildings are even close to being as unique.
The builder focused on quality build and luxury finishes all throughout. And the quality caries into the individual suites as well. All suites at Pier 27 are finished with the same quality and luxury that the building stands for. The builder holds a high reputation for quality and unique architecture. Many of their project across the GTA are iconic and unique. They have a focus on quality and luxury.
Residents will the ideal location, and complete unobstructed views of the water. Almost every suite in the unique structure will have a water view. Exceptional suites will have unparalleled views, layouts and features.
The property Pier 27 sits is truly unique and exceptional. Water front land is extremely rare and desirable in Toronto. A big factor to note about the property, is the size. Pier 27 is not a large high rise 70 story building, where the builder squeezed over 1500 units into a extremely small plot of land. Pier 27 is a huge wide lot, with the buildings well spread out, and has hundreds of feet of water line property. As land becomes limited over time, this will increase value dramatically. Also the feeling of open space when walking around the property is something to enjoy forever.
Pier 27 Condos focuses more on higher end and larger suites. The ratio between smaller units and larger premium suites is more than 70/30. 70% being premium suites. A 65/35 ratio of 65% being sold over $1,000,000. This makes Pier 27 a safe investment for a penthouse suite, as the building encompasses more high end suites than lower cost one bedroom units. Compare this to a building 50 stories high, where all 48 levels are mostly smaller 1 and 2 bed units, with only 2 penthouse levels. The ratios of penthouses to regular units is closer to 98/2. 2% penthouses. This attracts less high profile buyers, more renters, and decreases the price growth rates long term. Pier 27 focuses on penthouse suites. The building has many units priced over 2 million, and a lot of units in the 4 and 5 million price. The builder would never invest money into suites of the 4 and 5 million price point, if they knew it would not sell. Buyers investing over 4 million wouldn’t do so in a building they didn’t trust to hold and grow their investment long term. Not many buildings or locations in Toronto can support suites of the 4 and 5 million dollar caliber.
The location of Pier 27 is an iconic address. The neighbourhood is on the map as one of the best places to live. It truly is the best of both worlds: city hustle and bustle and park space. The building is sitting in the middle of amazing park space, and totally surrounded by beaches, water front, parks, entertainment, the harbour, board walks etc. All while having the city right up Yonge St. Direct access to major roads, highways, TTC and the Union Station transit hub.
The harbour front area and Queens Quay is prestigious. All the water front condos in the area are high priced, executive style condos. There are no low end condos on the water or close by. This holds long term investment values in the area.
The Toronto island is the largest park in the city. Pier 27 is located walking distance from the ferry boat. The island is home to multiple beaches, parks, restaurants, yacht clubs, centre island amusement park and much more! Also, the island is home to Toronto’s small air port. Perfect for private planes and flights to other major cities. This holds well for business people looking to buy a condo in Toronto with access to the airport.
Pier 27 is located directly on the water. With access to the water from the building, into the board walk area. A yacht club will be parking beautiful boats along the water’s edge, adding to the luxury feel, sights from your penthouse suite, and most importantly adding value for boat owners in Toronto, to park directly at their home.