Living Large Takes on New Meaning at The 500

TORONTO, CANADA, October 10, 2010 (Press-News.org) Nestled next to the historic domed Lady of Lourdes Church on the east side of downtown Toronto, there now stands The 500, a stunning urban condominium tower built by the Times Group and located just minutes from the hustle and bustle of the city's major financial and entertainment districts. With the final release of two-bedroom units recently announced and world class amenities and finishes, time is running out to be a part of this unique landmark address.

"This project was instrumental in helping to spearhead the rejuvenation of a prime downtown neighbourhood," says Elmar A. Busch, Times Group director of marketing. "Located in the heart of the city where it is surrounded by some of Toronto's favourite destinations and adjacent to a fabulous European-style park, The 500 is attracting the attention of professionals, young couples and small families alike."

The distinctive elegance of "The 500" greets you the moment you step into the exquisite Italian porcelain and walnut wood clad lobby with its striking 18 foot water cascade and soaring two-storey ceilings. Around the corner is a luxuriously appointed lounge where a modern designed gas fireplace and wet bar are at your disposal for hosting guests and clients. Proceed to the fifth floor and enjoy a rooftop garden complete with ambient gathering spots, stylish outdoor furniture and of course several barbeques for open-air entertaining.

"This development is all about living large," says Busch. "But it's also about getting great value for your dollar."

The two-bedroom tower suites (available with and without additional den) recently announced by Times Group range from 837 square feet to 1,360 square feet and are priced from $390,000 to $668,000 including HST. Standard features include smooth ceilings, laminate hardwood flooring throughout, stainless steel appliance packages and high-end finishes such as granite or quartz countertops. Finally, purchasers also receive window coverings at no extra charge, representing a savings of up to $10,000.

All units in The 500 tower are pre-wired for high-speed Internet and cable, and each one features its own individual security system. Most come with balconies, offering spectacular views whether it is Rosedale Valley to the north, the lake and the CN Tower to the south or the beautiful city skylines to the east or west. Additional features include 9-, 10- and 11-foot ceilings (depending on floor and location), 40-inch upper kitchen cabinets and two full bathrooms, regardless of unit size.

In keeping with the impressive greenery of its neighbouring urban park - designed by an award-winning landscape architect and featuring a one-acre formation of fruit trees - The 500 also embraces green living. Low emission paints and interior carpets, individual electrical metering, low-flow chrome bath and shower faucets, energy-efficient thermal window systems and designated bicycle parking are just some of the green features incorporated into the building.

Amenities consist of a fully equipped fitness, spa and entertainment area that spans most of the second floor. The fitness area features the latest cardio and weight training equipment, a yoga and aerobics studio, change rooms with lockers and showers, as well as his and her saunas. The entertainment area offers a home theatre complete with 3D television, games room with billiards and card tables and a multi-purpose party room ideal for private gatherings of up to 85 guests featuring a separate entrance for catering staff should the need arise. Topping it, two Guest suites are available for visiting friends on a rental basis.

Located on Sherbourne Street, just south of Bloor, walking distance to the subway system, The 500 is the result of a collaborative effort led by the Times Group that includes the diverse talents of architect Paul Northgrave, interior designer Renato Iamonaco, and landscape architects Paul Nodwell and Cornelia Oberlander.

"The 500 cosmopolitan tower is a breathtaking addition to the downtown skyline and a key contributor to the ongoing success of this outstanding new urban community," says Busch.

SALES DETAILS
The sales office at 500 Sherbourne Street is open Monday to Thursday from noon to 6 p.m., and on Saturday, Sunday and most holidays from noon to 5 p.m. For more information, please call 416-960-0606, send an e-mail to sales@the500condos.com or visit the website at http://www.500sherbourne.com.

ABOUT TIMES GROUP CORPORATION
Times Group Corporation is an award-winning developer of premium commercial and residential properties across Canada. Founded in 1985, it began with custom-built homes in North York, Ontario, and soon expanded to pursue commercial development opportunities across the GTA. In 2001, the company turned its expertise to the creation of exquisitely designed urban condominium residences, demonstrating its flare for the ultimate in luxury lifestyle design while confirming its commitment to environmentally sustainable development. Today, the builder remains a pillar of excellence within the residential development industry.

Media Contact:
Mark Wessel
Bullpen PR
(705) 445-2733
mwessel@bullpenpr.com