The Residences on Lombard

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Toronto is the largest city in Canada. It is home to over 2.7 million people and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!

WORLD CLASS CITY
Toronto has been recognized internationally as the most diverse and multicultural city in the WORLD! There is desirability for others to move here which is evident by the high amount of immigration and migration into the city. Toronto has one of the fastest growing tech sectors in North America and is home to the 2nd largest Financial Centre in North America and is home to THREE world renowned Universities (The University of Toronto, Toronto Metropolitan University & York University), not to mention it is safe and is full of diverse food and entertainment options for everyone.

CONNECTIVITY & TRANSPORTATION
The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport – Toronto is connected and can take you anywhere you need to be.

LOCATION, LOCATION, LOCATION
Home to a thriving Downtown Core, the Rogers Centre, the Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class Universities, Lake Ontario to the south, thousands of restaurants – Toronto has so much to offer

REPUTABLE DEVELOPER
Great Gulf is an award-winning developer who possesses over 45 years of building experience (since 1975) and has over 9,000 high-rise units in development or under construction, over 3,500 single-family homes completed across North America each year, and over 80,000 homes designed and constructed across North America.

Quick Facts*

Developer: Great Gulf
Address: 22 Lombard St, Toronto
Nearest Intersection: Yonge St & Richmond St E
Pricing: Starting From $1,129,990
Occupancy: 30 to 90 Days
Storeys/Suites: 5-Storeys / 17 Suites
Suite Types: Two Bedroom – Two Bedroom + Den Suites
Suite Sizes: 1,009 sq ft – 1,334 sq ft
Maintenance Fees: Approx. $0.84/sq ft (Hydro metered separately)
Deposit Structure: 5% on Signing
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Development Charges Waived, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, One Year Free Maintenance, One Free Parking, One Free Locker
Suite Finishes: Smooth finished ceilings, Pre-finished engineered wood flooring, Washer/dryer stacked or side by side, Designer kitchen cabinetry, in a variety of finishes with soft close hardware, Designer selected quartz kitchen countertop, Quartz backsplash, Kitchen appliances including integrated refrigerator, gas cooktop and stainless steel convection oven, integrated hood fan, stainless steel microwave, and integrated dishwasher and more
Building Amenities: 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) including: 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, and state-of-the-art fitness equipment, Sky Garden featuring outdoor pool, BBQ and expansive dining and lounge areas