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The Residences on Lombard Condos
Sold Out Oct 2023
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The Residences on Lombard Condos Price History
$1,049/sq.ft.
*****
*****
since launch
as of September 25, 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
Sold Out
$1,049/ft
Last Price・Oct 2023
-$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
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Union
1 Bed
1 Bath
554 sq.ft
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No Price Recorded
Sold Out
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Campbell
1 Bed
1 Bath
558 sq.ft
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|
Last Recorded Price
*****
Sold Out
|
|
Gibson
1 Bed
1 Bath
558 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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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
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|
Last Recorded Price
*****
Sold Out
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Trinity
2 Bed
2 Bath
1102 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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|
Grange
2 Bed
2 Bath
1102 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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Gooderham
2 Bed
2 Bath
1129 sq.ft
|
|
Last Recorded Price
*****
Sold Out
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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
|
|
Last Recorded Price
*****
Sold Out
|
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.
Neighbourhoods
Sales Status
View on Map
5
Actively Selling
0
Launching Soon
9
Registration Phase
6
Sold Out
35
Resale
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.
Development team
- Developer
- Architect
- Interior Designer
Key Information
Sales Status
Resale
Development Status
Complete Building Type
Condo
Price Range
$839,990 - $1,499,990
Suite Sizes
554 sq.ft to
1334 sq.ft
1334 sq.ft
Avg. Price (/ft)
-
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:
September 25th, 2024
Total Floor Plans
10 (0 Available)
Price Range
Avg. Price per Foot
-
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
- *****
