Riva Del Lago Condo: Luxury Redefined

A new condo is rising in the Mimico neighborhood. This is the new creation of Monarch- Riva Del Lago. The condo is situated by the side of the lake which is definitely an added advantage for the residents. The splendid lake view with modern design makes this condo very demanding. Riva Del Lago is the 3^rd phase of LAGO which use similar designs and materials for a visual link in the community.  

Riva del Lago is a 14 storey elegant, boutique condo which is resting on a 5 storey podium. Another striking feature of this condo is the eco friendliness.  This condo is developed by eco-friendly considerations consistent with Canada green building council. This is a unique feature of this massive project. As the location of the condo is by the side of the lake, the developers are conscious about the eco related issues.

The never ending list of the amenities available for the residents is quite amazing. There is silver screen big screen with cinema seating. The residents have the option of choice of wide plank laminate flooring. Besides the laminate flooring, the residents can choose from wide variety of porcelain tiles in the main or en suite bathroom. The laundry is ceramic tiled and equipped with energy star rated washer and dryer.   

Monarch group is developing this project, they are very sincere about the environmental issues, and they are committed to ensure the greener life style. The energy conservation, water conservation and the quality of the air are the some issues of concern during the development process. This is certainly an added advantage for the sustainable development. Keeping in mind the environmental issues in development process will ensure the purity of life.  

The name of project perfectly matches with the surrounding atmosphere. It is named as Riva del Lago. ‘Lago’ means lake, ‘de’ means of, ‘el’ means the. The combination of ‘de’ and ‘el’ makes ‘del’ which means ‘of the’. So the meaning of ‘del Lago’ is something belongs to the lake. This condo is situated by the side of the lake and the mesmerizing view of the lake is a unique advantage for the residents of this condo.

The location of the project is Lake Shore Boulevard. The closest intersection of the project is Lake Shore Boulevard and the Park Lawn Road. The MLS district of this project is W06. This condo is positioned in the Mimico neighbourhood. The position of the condo in a vibrant place is definitely a matter of attraction for the future dwellers of this project. It is convenient to move to any direction from this place. Facilities like restaurant, shopping mall, night club, park, grocery, bank, gas station, hospital etc. are in walking distance from Riva del Lago project.

The estimated occupancy of this marvelous project is in the month of December, 2016. At present, the public sale is going on of this condo project.  The construction status of this condo is pre construction. The sale for the VIP has started from the month of February, 2014. The commencement date for the public sale was 12^th April, 2014. Twenty percent of the condos have been sold so far. The construction of this condo is going to be finished within December, 2016.   

There are 20 floor plans inside this condo. The estimated maintenance of this condo is $0.57 per square feet per month. The price range of the suites will start from $304,990 to $879,990.  The size of the suites will range from 551 to 1205 square feet. The price per square feet will start from $522.

The system for depositing is quite easy and convenient. The deposit notes state that 5 percent will be paid on signing, 5 percent within 90 days, 5 percent within 180 days and 5 percent on occupancy.   

From the overall aspect of the project, it can be predicted that this is going to be one of most desired condos to live in comfort and luxury. The view of the lake is something worth of seeing. The residents will enjoy the lake view from their comfy suites. The balance between the nature and the modern infrastructure is maintained in such a wonderful way in this condo. This is the glaring example of sustainable development for a better living.