Celeste Condos Summary
A new and modern development will be coming to Downtown Toronto that will add more retail, office and residential space to the area.
Celeste Condos is a new mixed-use high-rise modern condo development in Toronto. This 39-storey tower pre-construction condo with 516 residential units by DiamondCorp and Alterra is located at George St, on the south-east corner of Richmond Street East and George Street.
This condo development will incorporate studio to three bedroom units. This tower will also be a great place for students to reside as George Brown College is just steps away from this condominium.
Celeste Condos will be located beside two low-rise buildings that are used for office space and also considered heritage sites. These buildings will be retained and will also enhance the employment opportunities in the area. This proposal is set to demolish an existing and unused building that is currently sitting in the development site. This unused building will be replaced with a 39-storey high-rise that will offer a thriving new set of residential, retail and office opportunities for the area.
This development will include 39,751 square-feet of office space on the first four storeys followed by indoor and outdoor amenities dedicated to the fifth floor. Residential units will start above the 5-storey podium.
The entire fifth floor will be dedicated to the amenities and we can only expect a wide-range of amenities to suit anyone from children to young adults. There will also be an outdoor terrace overlooking the fifth floor. This development has so much to offer its future residents. Stay tuned as we update this page with more information once it becomes available.
Location & Neighborhood
There are many reasons to invest in this area. For starters, Celeste’s site offers an excellent Walk Score of 96 out of 100 which means that most errands can be accomplished on foot. There are many incredible local amenities that surround this area that can easily be accessed by walking. Some of these include a range of dining options from take-out to fine dining cuisines.
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This neighbourhood also offers vibrant nightlife including bars, lounges and clubs that are well-tailored for post-secondary students and young professionals that enjoy everything the city has to offer. Some of the most well-known restaurants and nightlife in this area include Troika Vodka Boutique, CC Lounge, O Resto Lounge, Baton Rouge Steakhouse and Bar, Pravda Vodka Bar, AAA Bar, The Carbon Restaurant & Bar, The George Street Diner, Terroni and Locale Mercatto. There are also many cafes, supermarkets, boutique shops and fitness centres nearby.
This area is filled with many entertainment options from Massey Hall, Ed Mirvish Theatre, CN Tower, Rogers Centre, Scotiabank Arena, St. Lawrence Market and the Distillery District – These entertainment venues are all within walking distance. For students, George Brown College is just up the street front this development making this building a great place for student tenants. Ryerson University can also be accessed through public transit in under 15 minutes.
Celeste Condominiums also offers a perfect Transit Score of 100 which means that public transportation is easily accessible and many residents will save money by not needing to own a car. To start, Queen Station is 4 minutes away from this development – This station runs on the TTC Subway’s Yonge-University Line 1 and will take residents to Union Station in just two stops. This station also conveniently connects to the Bloor-Danforth Line 2 in just four stops which gives commuters more ways to travel across the city. There are also many streetcars and buses that run through this corridor every 15 minutes or less, allowing residents to travel throughout the city seamlessly.
Celeste Condos Highlights:
- 4 mins from Queen subway Station
- Steps from the George Brown College
- 15 mins from Ryerson University
- Walk score of 96 out of 100 & Transit Score of 100 out of 100
- Close to local amenities
- Countless shops and restaurants along the street
- Close to Massey Hall, Ed Mirvish Theatre, CN Tower, Rogers Centre, Scotiabank Arena, St. Lawrence Market and the Distillery District
- Nearby parks include Moss Park, St. James Park and Sculpture Gardens
This past week, construction officially began on the brand new ONTARIO SUBWAY LINE that will run across Downtown Toronto.
Source: Province Breaks Ground on Ontario Line
We believe that the new subway line will help make the east of Toronto one of the most desirable locations in the City.
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