Cielo Condos
Cielo Condos is a new condo development by Collecdev and Northrop Development Incorporated currently in preconstruction at Bloor Street West, Toronto. Cielo Condos has a total of 249 units.
Starting from $1,253,000
Right to Lease during Occupancy
Extended Deposit Structure
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.
Maziar Moini Broker
Home Leader Realty Inc.
Last Update August 22, 2022
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 Fax: 1-800-970-7654
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