Property Address
Description
Condo Project Summary
This is an upcoming project with perfect walk and transit scores in the heart of the Entertainment District.
254 Adelaide Street West Condos is a pre-construction development by CentreCourt Developments in Toronto. Located on Adelaide St W, just 300 metres west of University Ave, this mixed-use project will stand 61 storeys tall and offer 813 residential units in a range of sizes. The building will also feature retail, community, and paramedic space on the ground floor and an attractive promenade connecting pedestrians on Adelaide St to a new park on Nelson St.
Smart investors will leap at the chance to invest in one of Toronto’s most exciting neighbourhoods, where they will be surrounded by world-class entertainment, shops, restaurants, transit, and schools.
Amenities
254 Adelaide St W Condos will be 61 storeys high and include a 22-storey podium consisting of irregular massing and stepbacks to provide an intriguing streetscape. One of the most striking features is the pedestrian walkway that cuts through the first few floors of the building, offering easy passage to a new park and access to on-site retailers.
Early renderings show gracefully rounded corners and full-height glazing, offering a refined facade that soars up into the sky and offers views of the CN Tower. There will be 813 residential units (41 studios, 563 one-bedroom, 126 two-bedroom, and 83 three-bedroom suites).
Flexible design means that 15% of one-bedroom units can be converted into two- or three-bedroom units. Additionally, 30% of units will be affordable housing, creating a dynamic community of people from all walks of life.
Residents will have access to ample amenity space, including nearly 17,000 square feet of indoor and 9,000 square feet of outdoor space on the 2nd, 8th, and 13th floors. These life-enhancing building amenities are expected to include outdoor terraces, a fitness studio, and party rooms.Flexible design means that 15% of one-bedroom units can be converted into two- or three-bedroom units. Additionally, 30% of units will be affordable housing, creating a dynamic community of people from all walks of life.
Residents will have access to ample amenity space, including nearly 17,000 square feet of indoor and 9,000 square feet of outdoor space on the 2nd, 8th, and 13th floors. These life-enhancing building amenities are expected to include outdoor terraces, a fitness studio, and party rooms.
More community-focused features within this mixed-use development include retail space, community space, and paramedic use at grade (with additional community space on the second floor).
Two levels of underground parking will provide 97 vehicle spaces (87 long-term and 10 short-term) in addition to 819 bike spaces (more bike space is also available on the mezzanine level). This will be a community that encourages the use of public transit and eco-friendly travel.
Location & Neighbourhood
As 254 Adelaide St W Condos is within the vibrant Entertainment District in the heart of Downtown Toronto, it boasts perfect walk and transit scores. Residents will be steps away from two streetcar lines on Richmond and King Streets as well as two subway stops: Osgoode and St Andrew Stations. The future Ontario line will turn Osgoode Station into a vital interchange, meaning that properties nearby will receive a boost in value in the coming years.
Countless job opportunities are available here, just steps away from shops, attractions, offices, and hospitals, making this one of the best places to live and grow in the city.
Toronto is a food paradise with diverse cuisines at every corner. Among the many highly rated restaurants nearby are Pai (Michelin-recommended Thai food), Byblos (upscale Mediterranean), and Minami (Japanese tapas). For at-home cooking, it’s easy to pick up daily essentials at grocery stores like Aisle 24, Mike’s Independent City Market, and Rabba Fine Foods.
Urban retailers can be found all along trendy Queen West, a short distance away. The Eaton Centre is an effortless streetcar ride away for some retail therapy. A newly built shopping centre, The Well, is just a 15-minute stroll away.
Of course, you can look forward to having plenty to see and do in the Entertainment District. World-class venues like Roy Thompson Hall and TIFF Lightbox will be at your fingertips. Some of the city’s biggest attractions, including the CN Tower and the Art Gallery of Ontario, are also within walking distance. Year-round events and festivals keep things interesting in community spaces like Nathan Phillips Square and Yonge-Dundas Square. All this and more make this neighbourhood one of the most attractive locations in Downtown Toronto.
This project is also an excellent investment choice thanks to its easy proximity to the post-secondary student market. 254 Adelaide St W Condos is steps away from OCAD University, providing an excellent opportunity to rent out units to students. Fantastic transit access means that students at other post-secondary institutions in Downtown Toronto (University of Toronto, Toronto Metropolitan University, and George Brown College) can also get to classes quickly from here.
Seize an ultra-desirable address in the Entertainment District. Invest today by contacting a GTA-Homes Platinum Agent to get the best pricing for this project.