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New in Toronto real estate: The Bond Condos

Posted by Robyn Urback / December 20, 2012

the bond condo torontoThe Bond Condos may be a nod to the venerable SIS agent James, or else a reference to our collective and persistent affinity ('bond') for 400-something-square-foot living spaces. I'm still not sure. According to developers, The Bond is a "connection, a destination, a state of mind." Which, still, tells me nothing. How can a condo tower be a state of mind? Anyway (and existential questions aside), the enigmatic "Bond" is set to open its door sometime in 2015, welcoming hundreds of new condo owners to their new special space on Adelaide Street West. Right next to hundreds of other new special spaces on Adelaide Street West. Hm. Here's a closer look at The Bond Condos.

the bond condo torontoSPECS

Address: 290 Adelaide Street West

Exterior: Glass

Total number of units: 369

Number of storeys: 41

Number of elevators: 4

Types of units: Studio, one bedroom, one-plus-den, two-bedroom, two-plus den, two-plus-study, three bedroom

Unit sizes (in square feet): 327 - 1174

Ceiling heights: 9'

Prices from: Mid $200,000's

Parking: $45,000 (for select suites)

Storage: $5,000 (for select suites)

Maintenance fees: $0.52/sf

Maintenance fees exclude: Hydro

Developer: Lifetime Developments

Architect: Core Architects

Interior Designer: Tomas Pearce IDC

Amenities: Party room, billiards lounge, golf simulation/games room, yoga studio, gym, outdoor pool/hot tub, 24-hr conceirge

Expected occupancy: Winter 2015

the bond condo torontoTHE GOOD

If you can't beat 'em, join 'em, right? (Or else, just move uptown.) The Entertainment District will be absolutely saturated with tall towers by the time The Bond opens its doors, so 41 storeys seems totally appropriate in terms of height. Sure, the area might be plagued with crushing density, perpetual shade, and brutal wind tunnels — but look, a golf simulation room! Eh, that heading reads "Good," doesn't it? Moving on...

In terms of aesthetics, The Bond is certainly one of the more pleasing-looking projects poised to land in the area. Its podium actually offers a little visual interest in contrast to some of the more sterile new bases along Adelaide, with a tower that doesn't come off as overly domineering. And hey — Hooters is just a few steps away for some late night...wings.

And speaking of location, there will always be people who want to live in the heart of the action, and in that respect, The Bond delivers. Access to public transit is about as good as it gets from this location, without the risk of the streetcar breaking down right outside your front door. Residents will have plenty of options for things to do, see, and eat, with practically everything (minus a decent grocery store) within walking distance.

the bond condos torontoTHE BAD

Condo marketing material is always hilarious, but The Bond certainly wins for its renderings. Each depiction oozes a sort of ostentatious 20-something sensibility, with one party-room image focusing on a waiter cleaning a table as a resident shows off her shoes on the balcony, and another showcases the outdoor pool that presumably only plays host to beautiful people. If these depictions are taken to be true, I'll assume I'd be the only one eating a tub of day-expired yogurt off my stomach by the pool.

And if I did, for some reason, end up moving into The Bond, I probably would actually opt to eat in common areas. Either that or forgo my bed in favour of a functional dining table. After all, what else can you really do when your one-bedroom unit is but a pitiful 400-something square feet? Buy a folding card table? But beyond being just terribly compact, these suites are symptomatic of the horrible kitchen, living, and dining room hybrid sweep that, when executed poorly, becomes nothing more than a living room with a fridge. There's little counter space, no room for an island or dining table, and poor definition of different spaces. But hey, the balconies are pretty big — just call that your dining room in the summer and eat out the rest of the year.

the bond condos torontoThat is, of course, if the Entertainment District doesn't become a barren condo-land (à la CityPlace) by 2015. While I'll concede that that may be a bit hyperbolic to say, it's true that most new condos that go up in this area seem to first annex an existing restaurant or entertainment space. Forum commenters on Urban Toronto have already begun discussing the implications of the trend, and suffice to say that I agree when they suggest that there might not be too much "entertainment" left to this district. At-grade retail just doesn't have the same charm. The Bond does have its own healthy little collection of amenities (which will probably get quite pricey, by the way) but they don't make up for its tiny suites and potentially threatened area attractions.

the bond condos torontoTHE VERDICT

It's all yours, beautiful people.

What do you think? Would you live here? Add your comments to the thread below.

Read other posts in this series via our Toronto Condos and Lofts Pinterest board

Discussion

38 Comments

Gonzo / December 20, 2012 at 08:43 am
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Wow. Looks so unique and interesting. Will really be a positive contribution to the area.
n / December 20, 2012 at 08:59 am
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Ha-ha 400sf one bedroom condo. I am renting a 470sf bachelor apartment and find it somewhat small, but enough for now.
jon / December 20, 2012 at 09:03 am
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327 sq ft? Come on, that's laughable.
Mildly Annoyed / December 20, 2012 at 09:34 am
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Can blogTO really not find someone with less contempt for condos to write this regular feature piece? Here Robyn, let me write your next 5 reviews for you, just copy and paste, since that's basically what you're doing already.

New Toronto Condo XYZ

Condos are stupid and marketing is stupid. Toronto has too many condos and I hate them.

The good:

Whatever features they try to highlight are stupid and condos are small, but at least it's located downtown.

The bad:

Everything about this condo sucks, they're too expensive and too small and there's too many of them.

Verdict:

Condos are stupid and I hate them.

Pk / December 20, 2012 at 09:35 am
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Hilarious.
JLL / December 20, 2012 at 09:36 am
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A terrace that is bigger than your actual condo? hahahahahaha...no.

Can we get some sort of moratorium on trying to fit 3 bedrooms into a 2 bedroom shoebox?
Annie / December 20, 2012 at 09:58 am
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"Mildy annoyed", go read The Star or The Globe and Mail if all you want is empty praise, where nothing is ever written that could offend the almighty advertiser. Robyn's columns are fun, and refreshingly honest. I never miss them, even though I'm not planning on buying a condo for a few more years. Hey Robyn, think you could write a "Condo buying for dummies" book by then?
Tom / December 20, 2012 at 10:07 am
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All your articles sound exactly the same,
Aaron / December 20, 2012 at 10:09 am
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I love how the rendering leaves out the two 40+ story condos that are currently being built just across the street. In an accurate rendering, you wouldn't even be able to see this building from that angle.
Alex / December 20, 2012 at 10:18 am
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Is that supposed to be Bond in the first picture in the white dinner jacket?

These units sound tiny. I don't know if condo literature provides this, but could you say what they give as the average for each suite size? $250000 seems crazy for a tiny bachelor, but it would be even worse if they skyrocket to $350000 or something for the 1 bedrooms. Plus 1127 sq.ft for a 3 bedroom is not nearly enough.
MrsPotato / December 20, 2012 at 10:18 am
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I love these rendition photos!

like any condo pool deck looks like that.
they're all messy, dirty and rammed!
Mildly Annoyed replying to a comment from Annie / December 20, 2012 at 10:30 am
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I don't want empty praise, but I don't want empty denigration either. Being negative for the sake of being negative isn't honest or fun.

As someone who is currently in the market for a condo, A review that says "The too small suites are too small" is not useful. Describing the worst qualities of the smallest suites is not helpful to the average buyer, and if someone is actually in the market for 400sqft saying "it's really small" doesn't tell you anything.

I thought this was supposed to be a helpful guide, but if it's just an extension of blogTO's anti-condo party line, I guess that's my own fault for not understanding.
Jeremy replying to a comment from Tom / December 20, 2012 at 10:37 am
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Maybe that's an accurate reflection of what she's reviewing,
mezimeen / December 20, 2012 at 11:12 am
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327 sqft! holy crap! that's a 19'x19' box! That's gotta be a new low for new construction.
Me replying to a comment from Mildly Annoyed / December 20, 2012 at 11:51 am
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That pretty much describes everything she writes no matter the subject. Actually it describes 90% of the stuff at BlogTO. The 10% worth reading is rare but worth it surprisingly as it's always a surprise to see anything positive here show up at all.
Tzv / December 20, 2012 at 12:21 pm
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There is 6 million of us in TO and there is more to come(100000 per year approx). Toronto is not getting any bigger. Small condos are here to stay. People stay single longer of forever. It is so elitist and annoying to read the comments that put down small condos. The worst thing about it is that majority of people that are doing it could not afford to buy a parking spot in any of the developments.
cathie / December 20, 2012 at 12:56 pm
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In every large city throughout the world people live in 350 sq. ft. apts. and they seem to survive nicely. The key is to just stop buying crap that you don't need. Therefore, these small units would suit me just fine.
Todd replying to a comment from Tzv / December 20, 2012 at 01:04 pm
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We're poor since we don't want to live in 357 sf boxes, but you're fine with it and that's all that matters and everyone should think exactly the same about how to deal with a growing population. Got it.

FYI, I could buy two of these right now. With cash.
yo mamma replying to a comment from Todd / December 20, 2012 at 01:16 pm
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OHHHHHHHHHHHHHHHH BUUUUURRRRRRNNNNNNNN (the 'with cash part')
Mike replying to a comment from Todd / December 20, 2012 at 01:21 pm
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Wow, 500k cash, where did a functional illiterate come across that kind of money?
Mike replying to a comment from Todd / December 20, 2012 at 01:23 pm
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Wow, 500k cash I bet next you'll tell us you made the money as a professional urban planner too.
This Kid / December 20, 2012 at 01:30 pm
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I particularly enjoy the artist's rendering of the pool, where buff camo-short man is leering creepily at the bikini-clad stiletto girl. Nothing says "douches will live here" quite like this rendering.
Todd replying to a comment from Mike / December 20, 2012 at 02:24 pm
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Stripper, actually.
Hey / December 20, 2012 at 02:42 pm
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I do wonder what constitutes "walking distance" and "decent grocery store" to Robyn.

There's a Loblaws 1km, a Sobeys 1.1km, and a Longo's 1.25km from the condo. Plus the Fresh and Wild (tight and some high prices) 535m away. Sure it's not quite as convenient as having the grocery store in your basement like at Maple Square but it's well within the realm of reason. Or does only No Frills or T&T qualify as decent grocery stores?
john homes / December 20, 2012 at 05:44 pm
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400 sq ft i would assume no room for a toilet so i think tennets would have to shit and piss in the elevator and shower down at the Y.M.C.A.
Sean replying to a comment from john homes / December 20, 2012 at 05:56 pm
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Well said John!

New condo sizes are getting to par with jail cells. It's cheaper to rent in the long run.
Don replying to a comment from Tzv / December 20, 2012 at 07:55 pm
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Tzv says: "It is so elitist and annoying to read the comments that put down small condos."

Elitist? What a load of crap. It's an accurate analysis based on observation, of the size of a particular condo unit. If you think it's elitist, you obviously don't know the meaning of the word.
real estate virtual assistant training / December 21, 2012 at 12:21 am
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Great! Design and looks so unique and interesting. All snaps have shared by you much beautiful and attractive.
John replying to a comment from n / December 21, 2012 at 08:02 am
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400sf is too small for a condo. i live in a 605sf 1BD. i need more closet space!!!!!!!!!!
Rick replying to a comment from Sean / December 21, 2012 at 10:49 am
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Its actually cheaper to live outside Toronto. Unfortunate as that is, why not live outside the city in a much larger place, and commute in via go train?

I mean how busy are you that you have to live right by your work? Are you a Medical Doctor or Lawyer, or just plain lazy and stupid for making such a poor investment in one of these jail cells? It's Baffaling really.
Todd replying to a comment from Rick / December 21, 2012 at 11:10 am
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People throughout history have always moved closer to work. We have the opposite mentality here and that's why getting around is brutal.

I hate these new developments, but if it prevents one moocher from driving in from Markham, it's a positive.
Tzv replying to a comment from Todd / December 21, 2012 at 12:09 pm
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My point is that a reality of a big city is that you have to be reasonably successful in order to afford even a small place. Most people would rather live in a 1000 sf than a 300 sf space but this is all they can afford. In changing social dynamics with a lot more single people than before these spaces are not as ridiculous as blogTO presents it week after week. People just got used to whining about it. Canadian problems; poor me I have to live in down town Toronto by myself in 350-600 sf of heated air conditioned apartment with endless hot running water. We should all get fully detached mansions paid for by the government with public transport at our doorstep.
Alex / December 21, 2012 at 05:12 pm
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Less sq in your plac = less floorspace to keep clean. I see it as win/win to be honest. I spend most of my free time trying to keep my 450sq ft place clean, never mind 1000 sq ft!
keke / December 22, 2012 at 11:05 am
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Thats a really ugly building.
limadicosta / December 24, 2012 at 06:32 am
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Hi,
I totally agree that every new habit begins with mental shifts
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Lisa / December 29, 2012 at 03:58 pm
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Regarding the pool depiction - how typical of advertising, two attractive women in bikinis and one mottled looking pale guy with a crappy pair of baggy cargo bathing trunks. Why not have a nice looking guy in there? Answer - they are marketing to the average dude - "you can be here in your baggy shorts looking at model women". eeecccchhhh
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