Allure Condos
April 7, 2026 Update:April 7, 2026 Update:
ALLURE Condos at King + Sherbourne, Downtown Toronto
Hello! We are excited to share an incredible opportunity in the Toronto real estate market. ALLURE Condos is currently offering exceptional pricing and aggressive incentives designed to minimize your initial investment and maximize your closing benefits.
1. Unprecedented Purchase Incentives
Now is the perfect time to choose ALLURE Condos due to these standout incentives:
- $100,000 Closing Credit: Receive a $100,000 credit at the time of registration, drastically reducing your final closing costs. This applies to all Podium models and selected Tower models.
- Flexible Deposit Structure: Maintain your contract with only a 10% total deposit required within the first two years.
- Free Assignment: The developer is offering a free right to assign your contract, a value estimated at $5,000, providing excellent investment flexibility.
- Right to Lease During Occupancy: You have the right to lease your unit during the occupancy period before final closing, valued at $5,000.
- Capped Development Fees: Fees are capped at $17,500 + HST for 1B+D and smaller units, and $20,000 + HST for 2B and larger units.
2. Starting Price Information
| Model Type | Bed Type | Bath(s) | Approx. Interior SQF | Starting Price* |
| Podium | 1B | 1 | 554 – 561 | $779,990 |
| 2B | 2 | 652 – 855 | $819,990 | |
| 2B+D | 2 | 788 – 926 | $939,990 | |
| 3B | 2 | 846 – 984 | $1,074,990 | |
| Tower | 1B | 1 | 502 – 544 | $741,990 |
| 2B | 1-2 | 681 – 725 | $899,990 | |
| 3B | 2 | 846 | $1,195,990 |
3. Key Project Details & Maintenance
- Tentative Occupancy: Summer 2029.
- Maintenance Fees: Approximately $0.69/psf (Hydro & Water metered separately).
- Additional Monthly Costs: $57.57 for Bulk Internet & Smart Home System.
- Parking: Standard parking is $179,990; currently, only 3-Bedroom units are eligible to purchase, while other types are waitlisted.
4. Flexible Deposit Options
You can choose the payment method that best fits your cash flow:
- Option A (Standard): $10,000 on signing → Balance of 5% in 30 days → 2.5% in 366 days → 1.25% in 540 days → 1.25% in 720 days.
- Option B (Monthly): $10,000 on signing and balance of 5% in 30 days, followed by fixed monthly payments based on unit type (e.g., 1B – $1,700 / 2B – $2,300).
💰 [Bonus] New HST Rebate: Up to $130,000 in Savings!
In addition to the developer’s $100,000 credit, you may qualify for the newly expanded Ontario HST New Housing Rebate.
- Full 13% Rebate: For homes priced up to $1 million, you can receive a full refund of the 13% HST paid, capped at $130,000.
- Eligibility: To qualify, the Agreement of Purchase and Sale must be signed between April 1, 2026, and March 31, 2027. The unit must be used as a primary residence or a long-term rental.
- Timing: ALLURE’s 2029 occupancy perfectly aligns with the required construction and completion timelines for this rebate.
🚀 The “Golden Window” for Investment
Combining the $100,000 builder credit with the potential $130,000 HST rebate creates a rare opportunity to secure a premium downtown condo with significantly lower net costs.
Floor plans and full price lists are available upon request. Contact us today to secure your unit!
