CIELO Condos Summary
A unique project that involves the restoration of a 125-year-old church on the site and a proposal for a 38-storey condominium tower, this is will be an investment opportunity that’s highly in-demand.
CIELO Condos is a new high-rise condominium development by Collecdev in Toronto. This pre-construction project is located at 300 Bloor Street West, on the northwest corner of Bloor and Huron Street in The Annex neighbourhood.
This development brings a unique mix of old and new architecture to an eclectic Toronto neighbourhood. One of the only intersections in the city featuring subway access in all four directions,
CIELO Condos proposal involves bringing the church up to code, restoring its oversized cathedral windows and creating a pedestrian breezeway that connects to the new residential tower.
The developers are partnering with ERA Architects – who specializes in heritage restoration – and KPMB Architects, who skillfully handled the modernization of the Royal Conservatory of Music, which sits just down the street. Proposed for 38 storeys, the tower would include mostly residential use, with a mix of 30 per cent one-bedroom units, 60 per cent two-bedroom and 10 per cent three-bedroom units.
Dimensions are estimated at 445 square feet to 600 for one-bedrooms, 925 square feet to 1,000 for two-bedrooms and between 1,250 to 2,000 for three-bedrooms, plenty of space for young families or those who prefer a more spacious unit to call home.
Pigeon House, which was gifted to the church in 1945 and sits immediately north of the site, will also be included in the redevelopment, most likely connected to the condominium tower’s base.
A small retail or café space will be incorporated into the site, but it’s the restored cathedral, however, that will remain the focus of the property. This is a unique opportunity to invest in a rare contemporary condominium in the desirable Annex neighbourhood, on a site that’s as rich with history as it is with modern amenities.
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Location & Neighborhood
CIELO Condos allows you to be a part of the modernization of The Annex area and its lifestyle, which will likely continue. Thanks to the nearby University of Toronto, the neighbourhood has a youthful, friendly vibe with plentiful cafes, shops and lifestyle amenities lining the stretch. It’s a popular hangout for students and faculty alike.
Yet it’s also home to a selection of lavish Victorian homes and, overall, residents here tend to have higher than average incomes. The Annex serves as a cultural hotspot in the city, home to landmarks such as The Royal Ontario Museum, The Bloor Cinema and the Royal Conservatory of Music.
It’s also one of the best neighbourhoods in Toronto for transit, with both subway and streetcar service making it extremely easy to get downtown, or elsewhere in the city. It’s a short walk to the intersection of Bloor and Spadina, which provides subway service in all four directions and is a busy pedestrian intersection.
The neighbourhood is populated with parks, leafy side streets and schools, making it a popular destination for growing families too.The adjacent neighbourhood – Yorkville – serves as a luxury shopping district and has been the location of several new upscale high-rises and The Annex definitely benefits from being just steps away.
With shopping, dining and entertainment at your fingertips as well, it’s no wonder so many residents want to call The Annex home. Investing in this unique project is a great opportunity to be part of one of Toronto’s most desirable pockets.
Cielo Condos Highlights:
- Has a walkscore of 96/100: walkable EVERYWHERE
- Located in the Annex neighbourhood in Toronto
- Walking distance to the Spadina Subway Station
- Walking distance to the St George Subway Station
- 7 minute walk to the Royal Ontario Museum
- 8 minute walk to the University of Toronto – St. George Campus
- Close to shops, restaurants and schools
- Has a transit score of 100/100: world class public transportation
- Nearby parks include Huron & Washington Park, Ecology Park Community Garden, and Heron Street Playground
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