101 Spadina Condos
101 Spadina is a new condo development by Devron and Great Gulf currently in preconstruction at 101 Spadina Avenue, Toronto.
Starting From $779,000
8% Interest On Deposits
10% Deposit On Select Suites
Capped Development Levies
Permission To Lease During Interim Occupancy
$0 Assignment
101 Spadina Condos is a mixed-use condominium in the pre-construction phase in Toronto’s Entertainment District. A joint project between Devron Developments and Great Gulf Homes.
This condominium will occupy an exciting and dynamic site, just south of Adelaide Street West. Surrounded by a mix of both contemporary and heritage buildings.
Diamond Schmitt Architects will be designing the building. So far, they have indicated the tower will incorporate a significant amount of brickwork and masonry, complimenting the many historic structures to the north and south. On the ground level, there will be nearly 12,000-square-feet of retail space, fronting onto both Spadina Avenue and Adelaide Street West. Summary
Along the eastern portion of the site, the developers have proposed a public, climate-controlled retail galleria that will house shops and services, along with a lobby for six floors of offices in the building’s podium. The galleria is a particularly unique feature of this building and has the potential to host arts and cultural exhibitions or public programming.
The six or seven floors of office space will total almost 150,000 square-feet of workspace; a great opportunity for a neighbourhood that’s heavily populated with a mix of finance, technology and creative businesses.
The units will run on the more spacious side, with 10 to 15 percent being allocated for three-bedrooms, which is great for catering to the growing number of families who are looking to work, play and raise their children downtown. On the roof of the podium, 4,400 square feet of indoor amenities are proposed, likely including a party room and fitness centre. 11,500 square-feet of outdoor amenities are also proposed for this floor, likely taking the form of an expansive rooftop terrace. Additional outdoor space is proposed for the 21st floor, which would offer spectacular views of the city.
This part of the Entertainment District sits in the downtown Toronto “Urban Growth Centre,” as designated by the province of Ontario. These areas are primed for a significant population growth in the coming years, both residentially and commercially, making them great neighbourhoods to invest in.
Maziar Moini Broker of Record
Home Leader Realty Inc.
Last Update October 25, 2024
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
416-599-9599 ext:150 Cell : (647) 699-5900
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