Some opportunities come once in a lifetime. Frank Gehry's tallest designed building to date, FORMA Condos, is coming to Toronto's Entertainment District at 266 and 276 King Street West. Homebuyers and investors can now own exceptional property in one of the city's renowned thriving hotspots.
Gehry is one of the most acclaimed architects of this century, and these properties bring not only breathtaking views, bespoke finishes and stunning lifestyle amenities but also the chance to own a piece of art (and a slice of history)…and live in it.
Meet an Iconic Architect with Uncompromising Aesthetics
Frank Gehry is one of the few architects now alive with the privilege of holding celebrity status akin to Frank Lloyd Wright and history's Antoni Gaudí. Famous for his groundbreaking deconstructivist style and post-structural aesthetic, Gehry's buildings are easily recognizable. They often present enormous, design-defying planes, wavy lines, and expansive swathes of scintillating silver that undulate under the sun like the surface of the sea. These mind-blowing visions break with the norms of architecture we've become accustomed to in bold visual statements that burst with creative genius.
Not surprisingly, Gehry's portfolio is filled with a long list of iconic buildings. These include the Guggenheim Bilbao Museum in Spain, the new Facebook headquarters in California, the Foundation Louis Vuitton in Paris, and the Walt Disney Concert Hall in LA. Gehry is now in his 90s and lives in California, but as a native of Toronto, FORMA marks a return to his roots with a creative gift that may be one of his final architectural creations.
Gehry believes the architecture of a building creates its own unique culture, and the people who live in it become a part of that culture.
“There's a sense of belonging to something special in the city. I hope that's what it is…(Residents will) see these buildings as different, and I hope they invite me in for coffee," he says with a smile. "The views are incredible once you get up there."
Be Dazzled by Interiors that Innovate
FORMA consists of two breathtaking towers of 73 and 84 storeys broken into blocks that twist and turn as they go up. Natural light enters in different ways at varying times during the day. Beautifully irregular silver cladding is placed at arbitrary angles around the buildings' windows, reflecting Gehry's signature approach.
A total of 2,034 studio, one, two, and three-bedroom units are available with interior design by the acclaimed Studio Paolo Ferrari. This revolutionary Toronto-based design practice brings warm earth tones, soft lighting, and wood panelling as cornerstones of the development's interiors that imbibe the natural elements.
"Our intention was to craft purposeful spaces that oscillate between social and serene," says Paolo Ferrari, the studio's founder.
A breathtaking lobby sets the tone with a large sculptural installation filling the ceiling with sparkling copper-coloured maple leaves. Over 110,000 square feet of commercial space is present on the ground floor, along with an arts facility for OCAD students named after the Princess of Wales. This mixed-use setting will house a public theatre, art gallery, lecture hall, studios, and seminar rooms in an environment that blends the local community with life at home in innovative ways.
The amenities in this development truly outshine and go beyond. From the Grande Suite- a luxurious shared entertainment space- to a lavish outdoor terrace with spectacular views, open-air barbecue areas, a games room, and co-working spaces with semi-private alcoves and boardrooms, luxury abounds at every turn.
Wellness facilities include a yoga stretch room, a treatment room, cardio and weight training facilities, a spin studio, a sauna and an onsite jacuzzi. Going further, a recording studio invites creativity, and hotel-inspired concierge services ensure residents are catered to via personal shopping and much more at all hours of the day.
Inside suites, ground-breaking layouts and exquisite features and finishings fill highly-curate spaces. It's all part of an exceptional, unmatched package leading the way to Toronto's future as a hub of elite, modern living.
According to Toronto Regional Real Estate Board (TRREB), although condo sales fell 54.1% from Q4 2022 to Q4 2021, the average selling price was $710,520, slightly higher than the Q4 2021 average of $710,246. Rental statistics also showed positive results, with the average one-bedroom rental price in Toronto going up 19% compared to last year.
TRREB Chief Market Analyst Jason Mercer says, “Condominiums remain an important segment of the market. They are the key entry point for many first-time buyers. Investor-owned condos are also an important source of rental supply in many parts of the GTA. As immigration into Canada continues at a record pace for the foreseeable future, the GTA will welcome many new households. This should see the demand for condos, in both the ownership and rental markets, strengthen moving forward.”
This is a crucial point for investors looking to enter the condo market, as sales and prices will likely increase in the future.
There’s no doubt Toronto’s property values will soar well into the future as the city continues to grow and draw attention on the international stage.
Live in the Heart of the Entertainment District
The beauty of FORMA is not just its design but also its centralized location. Residents are steps away from an overflowing list of must-see destinations.
The Princess of Wales Theatre is less than a block away with world-class musical productions. Tony Award-winning large-scale shows like Harry Potter, Hamilton, and Hadestown grace the stage, as well as smaller works that include music, comedy, and dance. Roy Thomson Hall, home to the Toronto Symphony Orchestra, is just steps to the east, and TIFF Bell Lightbox, the Toronto International Film Festival headquarters, are also nearby. Simply put, there's no shortage of high-class entertainment here and exploratory arts for both the casual viewer and the honed critic.
This is also the ideal location for executives seeking a world-class home in Toronto. The city's preeminent Financial District is an ultra-convenient ten-minute walk away, presenting unquestionable appeal. With almost no commuting time, life gets so much easier on a daily basis.
Shopping can be found at the iconic Eaton Centre, fifteen minutes away on foot. As an undeniable plus, both Toronto Metropolitan University and the University of Toronto are also within walking distance. This adds innumerable possibilities for families and international student renters.
When it comes to dining out, locals face an array of choices in this neighbourhood. The streets are lined with restaurants and bars teeming with eclectic tastes. The after-show crowd and midday lunch-goers flock to intimate tables offering everything from pub fare to mouthwatering Indian cuisine, sushi, and fried chicken. Hours often run late, making it easy for diners to catch dessert after seeing a favourite production or hitting up the latest concert with a group of friends.
Public transit is immediately accessible at FORMA with the 24-hour King Street streetcar just outside the development's front doors. St. Andrews Subway Station on Line 1 Yonge-University is within a short walking distance, and motorists can easily reach the Gardiner Expressway just to the south for travel outside of the city.
This is one of Toronto's most walkable and transit-friendly locations and a mecca of perfection for city lovers seeking to embed themselves in culture and opportunity at every turn.
Seize an Unrivalled Opportunity
FORMA Condos presents the best of both worlds: radically iconic design, top-level amenities, and a coveted, world-class location. Toronto has received a priceless gift. At GTA-Homes, we know that this development presents an incomparable opportunity for property owners seeking a luxury condo and a living piece of art.
Connect with us today to learn more about how you can own this iconic development transforming the Toronto skyline. This is the opportunity of a lifetime, and the moment is now.
