Galleria 03 Condos Summary
A 3rd residential tower is coming to the highly-anticipated Galleria On The Park master-planned community.
Galleria 03 Condos is a new modern high-rise condominium development by Elad Canada in Toronto. This pre-construction project is located at 1245 Dupont St, in the south-west corner of Dufferin and Dupont Street in the Wallace Emerson neighbourhood. This project has an anticipated occupancy date of 2025.
The 3rd tower will be standing 31 storeys tall with a total of 371 luxurious suites and with views towards the 8 acre park or facing the dynamic new Dupont and is expected to be a modern residential tower with spacious, open-concept floor plans.
Galleria 03 Condos will be a modern residential tower that will harmoniously blend with the previous towers in the complex – including a brand new 95,000 sq.ft modern community centre with state-of-the-art equipment and programming. This development will be designed by Hariri Pontarini Architects in partnership with Core Architects while the interiors will be designed by U31. Together this team of reputable architects and designers will bring to fruition a stunning modern development with luxe interiors and state-of-the-art features and finishes.
Galleria III development will come with many carefully designed residential suites with a wide-range of floor plans and layouts from studios, 1 bedrooms, 2 bedrooms and 3 bedrooms . The interiors will have bright and airy spaces with large windows to bring in the most natural light as well as balconies and terraces.
There will also be many amenities which may include a fitness centre, yoga studio, outdoor swimming pool, kids playroom, social lounge, outdoor terrace, games room and kitchen/dining communal area.
This entire complex will provide more than enough local amenities for residents of any lifestyle to enjoy including plenty of retail space, restaurants and office space. There will also be large outdoor parks to bring in the lush and lively greenery to the community. A new community centre will also be built in the complex that will bring more recreational activities to the area as well as many walkways and cycling paths for residents to easily and safely travel around the community. Register now for more information about this development as soon as it is available.
Location & Neighborhood
Galleria On The Park will be a new, vibrant community with 300,000 square-feet of retail space, a newly built community centre that will offer a fitness centre, community kitchen, swimming pools, dance studio, running track, child care centre and playground as well as an 8-acre park.
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Not only will this community have so many amenities to offer its residents, the surrounding neighbourhood is filled with many shops, restaurants, schools, parks and more. Conveniently located between Dupont and Dufferin St in Toronto, investors can expect this area to score a high 80 out of 100 on its Walk Score.
Just minutes from Galleria on the Park 3 is Dufferin Mall. This shopping centre has over 130 stores and services including apparel, home furnishings, specialty stores, health services, restaurants and eateries, grocery stores and financial services. There are also many local schools and parks nearby to add to the natural amenities and recreational activities in the area for families to enjoy.
This area also scores an excellent 81 out of 100 on its Transit Score. This high score is largely due to the Dufferin Subway Station that runs on the Line 2 Bloor-Danforth corridor. This subway station can take residents to Downtown Toronto in just 20 minutes.
It also connects to multiple TTC buses that travel in and out of the city. In this master-planned community will be a new pedestrian path created in a diagonal line to connect residents to the entire complex in just minutes. Additionally, this new walking path will bring residents to Dundas West Station in just 15 minutes. This station acts as a major transit hub and will connect commuters to Toronto, Pearson Airport, the GO system as well as the Toronto Railpath, a popular walking trail that offers amazing views of the city.
Galleria 3 Condos Highlights:
- Located at Dufferin/Dupont
- 8 acre park. 3416 residential units
- 95,000 sq ft community centre
- 320,000 sq ft of Retail offerings
- Minutes walk to Dufferin Mall
- Very near to Transit/TTC. The Bloor GO and UP station is also easily accessible to residents.
- 30 Minutes to Downtown Toronto
- 15 min drive to Toronto Eaton Center
- Short drive to CN Tower, Ripley’s Aquarium, Yonge Dundas Square, Rogers Centre, and Air Canada Centre
Central Location to Many City Neighborhoods
Galleria IIII is located near some of Toronto’s most popular neighborhoods. Proximity from many shops and boutiques of Bloor West Village and The Junction. This location is known for its summer festivals, food, and a life full of color!
Galleria will be home to over 3000 new units. The 3rd building is arguably the most desired location. There is no doubt that each phase being released (there are 5 more buildings left), the builder will raise pricing over time. This is a good thing for your investment. It is proven that master planned buildings appreciate in value faster than stand-alone buildings. We feel Galleria will do the same.
Mixed Use and Density
Galleria will have 300,000 square feet of retail space and 95,000 square feet of community centre space and an 8-acre park. Combined with 3000 residential units, this will make the area a destination point. Destination points = Valuable Real Estate (think Trinity Bellwoods, Distillery District)
Low Supply in the Local Market
The area around Galleria is in desperate need of supply of housing under $1m and rentals
Residents of Galleria III will be steps away from TTC bus routes and a short walk from the subway station and streetcars. The Bloor GO and UP station is also accessible to residents.
WALK SCORE – 92
TRANSIT SCORE – 86
ELAD Canada is a multi-billion dollar real estate development, investment and asset management company with best-in-class mixed-use developments and properties across Canada and the US. Backed by extensive international capital and benefiting from experience and in-depth knowledge of the industry, ELAD has a proven track record of creating large scale, multi-phase development projects, and along with Agellan Commercial, a fully-owned subsidiary, owns 7 million square feet of industrial, office and retail properties.
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