Forma Condos
Overview
Iridescent addition to Toronto’s skyline, Forma is a new condo development by Great Gulf, Dream Unlimited, and Westdale Properties. Currently, under development, the concept of Forma condos is unique in terms of its scale and design. The design layout consists of two multi-story podiums that will enunciate to the neighbouring buildings, topped by two towers, each measuring 84 and 73 stories high. In keeping with the history and character of the encompassing neighbourhood, each tower will have a reciprocal yet specific design.
This one-of-a-kind condo will consist of up to 2,034 luxury suites. Additionally, it will feature a communal landscaped rooftop terrace overlooking the surrounding area. Architect Frank Gehry designs its architecture, and it will feature interior design by Studio Paolo Ferrari. Residents of Forma will have access to all the good life has to offer within walking distance.
The development is set to complete in 2028.
Highlights:
- Designed by the world’s best architecture Frank Gehry
- 98/100 walk score
- 8 minutes to Union Station
- Easy access to the Gardiner Expy
- 20 minutes to the University of Toronto, Ryerson University
- Within walking distance of St. Lawrence Market and Fashion District
- Nearby parks include Simcoe Park, Grange Park Toronto, and St. Patrick’s Square.
Designer:
Frank Gehry – one of North America’s most experienced and respected architects, is at the helm of the architectural team of Forma. He has designed some of the most iconic buildings in the world for over 50 years. A few of his projects include Bilbao’s Guggenheim Museum, Los Angeles’ Walt Disney Concert Hall, and New York’s 8 Spruce Street. He has a reputation for excellence that is second to none. And his involvement in a project serves as a sure sign of quality.
Details
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C.C / Maint:$0.76/SF sqft
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Architect(s):Gehry Partners
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Price ($):From $812,900
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Est. Occupancy:
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Price Range:From $812,900 - $2,063,900
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Builder (s):Great Gulf Homes, Dream Unlimited, Westdale Properties
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Suites:2087
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Storeys:73, 84
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Suite Size:398 - 1042
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Interior Designer (s):Studio Paolo Ferrari
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Cost of Locker:Waitlist
Amenities
- Co-working Space
- Coffee bar
- Games lounge
- Lounge seating
- Maker Studio
- Meeting rooms
- Outdoor Terrace
- Private dining and chef's kitchen.
- recording studio
- Theatre Room
Deposit Structure
$10,000 on signing
Balance to 5% in 30 days
5% in 180 days
2.5% in 360 days
2.5% in 540 days
5% on occupancy
International Deposit Structure
$10,000 on Signing
Balance of 10% in 30 days
10% in 150 days
5% in 360 days
5% in 540 days
5% on Occupancy
Incentives
EXTENDED DEPOSIT STRUCTURE*
FREE RIGHT TO ASSIGN*
+ Legal fees
RIGHT TO LEASE on OCCUPANCY*
+ Legal fees (upon request)
CAPPED DEVELOPMENT CHARGES*
$15,000 for Studios to 1 Bed and 1 Bed +Den
$18,500 for 2 Bed & 2 Bed + Den $21,000 for 3 Bed
* Some restrictions may apply. Please speak to Sales Representative for more details. Limited Time Only. Prices, Incentives, and specifications are subject to change without notice E. & O.E. June 16, 2022.
Location
Forma Condos is located at 266 King Street West, Toronto. The major intersection is King Street West and Simcoe Street. With its unmatched location in the heart of the entertainment district and the financial district, Forma offers residents an unmatched living experience. Residents will enjoy easy access to Toronto's PATH system, Toronto's theatre district, the new OCAD educational facilities, many subways stops, and nightlife. In addition, there are some of the best dining and other amenities nearby.
There will be an open-to-the-public Mirvish Collections Art Gallery at the ground level of the building. Moreover, OCAD University's new state-of-the-art campus is being constructed under the podiums. Further, Forma will offer students a direct route to some of the city's top post-secondary institutions. These include George Brown College, the University of Toronto, and Ryerson University.
Developers
Great Gulf
Established in 1975, the Great Gulf Group of companies is an international award-winning North America's premier real estate organization. As a developer, builder, and property manager, Great Gulf operates in many different sectors. Their projects across the continent feature design innovation, sustainability, and new construction technologies.
Dream
With over 1,000 employees and assets worth $13.5 billion, Dream Unlimited is one of Canada's leading real estate companies. Besides developing residential properties, Dream invests in renewable energy infrastructure across Western Canada.
Westdale Properties
Westdale Properties have been operating throughout North America for over 60 years. Toronto, Calgary, and Halifax are some of the most important Canadian markets where they own, develop, and manage real estate assets.
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