Property Address
Description
The Addison Condo Project
This project will be a mixed-use building, featuring condominium suites along with retail and office space.
The Addison is a mixed-use high-rise condominium by the ADI Development Group in Toronto. This 16 storey pre-construction condo with up to 126 luxurious suites is located at 135 Portland St in the Fashion District neighbourhood. The units are ranging from 354 – 961 square feet.
The developers have indicated they are looking to incorporate a selection of compact and efficiently laid out condominium suites mostly with studio or one-bedroom layouts, while also including two and three-bedroom options and a limited number of townhomes.
Amenities
The Addison condo project make a great option for investors who are looking for an income property in an area popular with young professional tenants who work in the creative, tech or media fields and appreciate the high-energy downtown lifestyle.
The development will also include 3,500 square feet of retail space on the first and second floors and two levels of office space on the third and fourth, making it a truly mixed-use condominium.
The amenities offered here are set to enliven and enrich the lives of residents and visitors. From an expansive lobby lounge with concierge service to a pet wash, fitness centre and party room, residents can take full advantage here. The amenities are for a range of occupants looking to live a social and active lifestyle. The rooftop terrace provides more space for outdoor socializing above the clouds. Dine al fresco or cozy up with a book while enjoying scenic views of the city below.
The building’s design concept will reflect the area’s rich history as an industrial district, featuring prominent brick and oversized windows, complimenting many of the existing warehouses that populate the neighbourhood.
Location & Neighbourhood
The Addison Residences has the advantage of being located in a vibrant neighbourhood undergoing growth and tasteful development. Thanks to its proximity to the Entertainment District, some of the city’s most A-list-worthy bars, restaurants and clubs are within walking distance, not to mention a trendy collection of galleries and theatres.
Once home to the city’s primary textile manufacturing hub, this urban pocket still maintains many of its original structures, some of which now house trendy loft condominiums while others house restaurants, art galleries and high-end offices for creative and technology-based organizations. It’s also an area that’s part of Toronto’s downtown urban growth centre, meaning it’s slated to get a significant amount of the area’s expected growth.
This neighbourhood scores an enviable 98/100 on its Walk Score and a 100/100 on its Transit Score, to the surprise of nobody. All your daily needs are within walking distance and the site is a few minutes’ walk to both the Queen and King streetcars, which connect you with the entire city.