Promenade Park Condos Summary
This new Condo development project will be built in a series of phases. The first phase, in and of itself, is going to be a substantial project that will consist of three residential towers that are expected to have a total of 1,066 residential units.
Two of these towers will rise out of a shared 6 storey podium, where they will reach up to 35 and 30 storeys high. These first two towers will have a total of 748 units, which will be divided into 363 one-bedroom condos, 337 two-bedroom condos, and 48 three-bedroom condos.
The third tower will be 28 storeys tall, and it will have a total of 318 individual condominium units. These will be divided into 265 one-bedroom units and 53 two-bedroom units.
In addition to these residential towers, Promenade Park Towers Condo project will be a mixed-use high-rise that will also be 28 storeys tall. This building will include 262,553 square feet of office space and 163,644 square feet for hotel suites that will have 156 separate rooms.
One of the most important aspects of Promenade Park Towers project is finding a better use for the expansive parking lot that surrounds the mall. At one time, this was a vital use of the land, but today it is completely underutilized in a city that’s making a concerted effort to build vertically. These towers will rejuvenate this concrete area into a new dynamic community.
By transforming the region surrounding the mall, the developer aims to alleviate the area’s reliance on automobiles. The residential towers, together with the existing mall and the new office tower, will create a full and well-rounded community in which people can live, work and play. Promenade Park Towers will also make the area much more walkable, as residents will be able to easily stroll from home, to a shopping centre, and maybe even to work.
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Location and Neighborhood
For residents who do need to commute, they also have plenty of options in travelling around the area. For public transit users, this community will only be a short trip to Finch Station, which will connect passengers to the Toronto Subway System. Finch can be reach in a 15 minute bus ride or drive.
If you use a car to get to work, you’re in luck! This is because the Promenade Mall is at the centre of many of the city’s arterial highways. To the east, drivers can conveniently connect to Highway 404, which also turns into the Don Valley Parkway. This acts as one of the primary gateways into the city of Toronto, and also links to the Gardiner Expressway, which cuts across the city’s waterfront. You can also take Highway 401 from here. The 401 is widely renowned as the most crucial highway in North America, as it ferries thousands of drivers to their destinations every single day. You can also opt to take the 407 if you don’t mind pays tolls.
This new condos in the master-planned community is the perfect choice for anyone who needs to commute throughout the GTA, or even someone who’s lucky enough to work in the new office tower. Connect with us today to be the first to get info about this exciting opportunity.
Promenade Park Condos Highlights:
- Direct access to Promenade Mall
- Steps to trails, parks and transit
- Surrounded by shopping, dining and entertainment
- Close to schools
- Nearby parks include Promenade Park, Promenade Green Park and Downham Green Park
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