Property Address
Description
Condo Project Summary
This new condo project is a pre-construction development in downtown Toronto’s Entertainment District. Planned as a striking 52-storey tower that pays homage to the site’s industrial roots with its brick-clad podium, it’s designed to pair both contemporary and classic elements. The expected occupancy date for Central Condos is slated for 2022.
Ideally positioned on a quiet side street just steps from the city’s hottest clubs, restaurants and nightlife venues, this project makes a fantastic investment opportunity. Easily one of Toronto’s most desirable neighbourhoods for young professionals and urbanites, the district continues to grow and modernize, while retaining historic charm.
Amenities
Situated midway on Widmer between Adelaide and Richmond Streets, the site for this condo once housed a row of vintage buildings, which is reflected in the new project’s design.
A striking, glass-walled tower will reach 52 storeys, featuring wraparound balconies and clean lines, while the condo’s base will feature brick and panelled elements.
Featuring approximately 426 units, it will incorporate a range of open-concept layouts and a full range of contemporary amenities. Available units will include studios, one-bedroom, one-bedroom plus den, two-bedroom and three-bedroom.
All Central Condos units will boast kitchens equipped with a storage organizer and blum kitchen hardware. In addition, suites will also hold a Miele washer/dryer, closet organizer system, roller shades and Kohler/Grohe bathroom plumbing fixtures. Units will also feature exterior features such as composite wood decking and radiating ceiling heaters.
Central Condo residents can expect 100% WiFi connectivity, state-of-the-art conference rooms, 100% EV parking, and refrigerated parcel storage. Along with a light-filled lobby and street-level lounge, a fully-equipped fitness centre, an outdoor terrace that sits high above the energetic neighbourhood and features dining and lounging alcoves and, possibly, a swimming pool and sauna.
Details about the exact unit mix and amenity dimensions for this pre-construction condo have yet to be confirmed, so make sure to register with us to get details like this delivered right to your inbox, as well as access to units before they hit the market.
Location & Neighbourhood
Entertainment District condos are some of the most desirable places to live in the entire city.
Once Toronto’s busiest industrial neighbourhood, many of the area’s vintage brick warehouses have been converted into lofts, art galleries, restaurants or office space for a growing creative and technology sector. In fact, 32 percent of businesses new to Toronto chose to open shop in this ward, according to data from the year 2015.
Contemporary condominiums continue to be built and proposed – many of which restore and incorporate these vintage buildings – for a unique vibe that pairs modern and classic architecture.
The city’s hottest bars, restaurants and clubs can be found in this west-end pocket, along with almost every urban convenience you could imagine. Most addresses here score a perfect 100 on both their Walk and Transit Scores, and this condominium is no different.
There are over 500,000 jobs within 21 kilometres, many concentrated in the adjacent Financial District, which is a huge perk for the young professionals who flock to the area and love the option of walking or taking a short transit commute to work.
Between 2010 and 2015, the number of jobs in the Entertainment District grew by 17.5 % and many of the area’s newer proposals involve office space to incorporate this growing trend.
Investors take note! The average rent for a one-bedroom condo in this vibrant district rose by 11.2 percent between 2016 and 2017. Dynamic, connected and uniquely urban, this location is as fantastic an option for investors as it is for the first-time buyer looking to set down roots in one of the region’s most exciting pockets.