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Description
Condo Project Summary
This new condo project is a great option for investors and those looking for an income property in one of the city’s hottest districts.
101 Spadina Condos is a mixed-use high-rise condominium development in Toronto. This 39-storey pre-construction project by Devron Developments is located at 101 Spadina Ave, just south of Adelaide Street West in the Entertainment District. The 375 units on offer include one, two, and three bedrooms, ranging from 475 to a whopping 6,250 square feet.
Buyers will clamour to live in this architecturally stunning building, which offers unbeatable transit access, top-notch walkability, and breathtaking city views.
Amenities
101 Spadina Condos is great for catering to the growing number of families who are looking to work, play, and raise their children downtown. Diamond Schmitt Architects will be designing the building. So far, they have indicated that the tower will incorporate a significant amount of brickwork and masonry, complementing the many historic structures to the north and south. The facade features elegant and sophisticated arches at the base and rooftop, marking opulent and airy spaces.
There will be 375 units available: 225 one-bedroom, 112 two-bedroom, and 38 three-bedroom suites. The average unit size for one-bedroom suites will be 574 square feet; for two-bedrooms, it will be 778 square feet; and for three-bedrooms, it will be 1,059 square feet.
Suites will feature Juliet balconies with sliding or French doors, kitchens with Miele appliances (refrigerator, dishwasher, oven, and cooktop), in-suite laundry washer and dryer, quartz surface counters and matching backsplash, and 9-foot high smooth ceilings with pot lights in living areas.
Seamless technology convenience will be provided via the One Valet Smart System.
A stunning rooftop terrace with outdoor BBQ stations and a double-height indoor lounge is proposed, which would offer spectacular views of the city. Residents can enjoy unobstructed views north, west, and south, providing grand city and lake vistas.
Nearly 11,000 square feet of amenity space will be provided within the tower, located on the second floor and the lower penthouse level.
In-building amenities include a 24-hour concierge, four high-speed elevators, a multipurpose lounge, a co-working space, a steam sauna, a yoga studio, a private dining space, and a media lounge. Four levels of underground parking will accommodate 72 vehicle parking spaces for residents and, via a separate entrance, 70 public parking spots. 378 bike spaces will also be provided.
Last but not least, a new 10,000-plus-square-foot public park on-site will offer refreshing green space amidst the city’s hustle and bustle, acting as a front yard to the building.
Location & Neighbourhood
101 Spadina Condos sits in the downtown Toronto “Urban Growth Centre,” as designated by the province of Ontario. These areas are primed for significant population growth in the coming years, both residentially and commercially, making them great neighbourhoods to invest in.
Condos in the Entertainment District command some of the city’s highest rental rates and are in demand among young professionals, urbanites, and executives who work in the nearby Financial District. It’s an exciting and vibrant place to live, surrounded by some of the city’s hottest clubs and restaurants, yet some of the city’s most charming historic buildings. There are several exciting developments planned here for the next few years, including the addition of a new OCAD campus. Arts and culture are both at your fingertips, with an abundance of galleries in the area and some of the city’s most beloved theatres.
This condo development is steps from two 24-hour streetcar lines, Spadina and King, as well as St Andrews Station, just a few blocks away. From there, it’s just a single stop to Union Station, which connects with the GO Train and the Union Pearson Express line. So, it’s not surprising that the site scores a perfect 100 on both its Walk and Transit scores.
Additionally, a new station on the upcoming Ontario Line will be a 3-minute walk from this condo site, while a new GO Station is planned to be built just 7 minutes away, providing greater connectivity for residents and value for investors in the future.
It’s really a neighbourhood with everything going for it: shopping, cuisine, entertainment and transit. Residents can easily walk to local attractions like The Well, TIFF Lightbox, Roy Thompson Hall, Rogers Centre, and the CN Tower to enjoy some of Toronto’s best features. They can also find world-class dining like the Michelin-starred restaurant Alo, just minutes away. Whatever city dwellers need, they can find it at their fingertips.