Kalovida Canada : A New Luxury Residence in the Heart of Toronto’s Entertainment District
Kalovida Canada I, a sister company of Kalovida Grundbesitz GmbH, is set to disrupt the southern Ontario home development industry with the construction of a luxurious, one-of-a-kind residence. As an international real estate developer with a proven track record in unique building projects, Kalovida aims to bring its expertise to the GTA with its latest development, Bungalow on Mercer.
Kalovida Grundbesitz GmbH is a privately-owned real estate development and investment company that has built an impressive portfolio of urban luxury properties in Germany. The company specializes in intimate building projects with unique attributes, and in 2016, it expanded its reach by establishing Kalovida Canada Inc. Two years later, Kalovida Canada Inc purchased its first major Canadian real estate acquisition.
Bungalow on Mercer is an opulent, boutique high-rise condominium residence situated at the heart of Toronto’s Entertainment District. The 18-storey development offers one living unit per floor, with private elevator access to each. The development distinguishes itself as Canada’s only full-floor condo suites equipped with world-class amenities and valet parking.
Kalovida Canada Niche
Kalovida’s primary niche is in the secondary markets with strategic locations near large cosmopolitan cities. The company focuses on developments that are too small for institutional investors, yet too large for individual investors. Through its unique built-to-suit model, Kalovida remains committed to building homes that cater to the needs and wants of individuals expecting quality, experience-rich urban living.
Kalovida is known for its well-established trustworthiness and commitment to quality. All of the company’s developments feature superior quality construction, best-in-class finishes, and unparalleled locations.
Future Growth and Accomplishments While Bad Nauheim is the company’s primary focus, Kalovida is currently seeking to grow its portfolio in the Toronto market. Despite contemplating future projects, the company remains proud of its current accomplishments and is excited about Bungalow on Mercer as its entry into the Toronto real estate market.
Kalovida’s entry into the southern Ontario home development industry marks a significant change that could set new standards for luxury residences in the GTA. With its focus on unique, small-scale projects, the company aims to provide meaningful and experience-rich urban living to its clients. Bungalow on Mercer is just the beginning, and we can expect to see more of Kalovida’s blend of chic residential living and innovative amenities in the future.
