Centricity Condos is a new high-rise condominium by Graywood Developments in Toronto. This 53 storey pre-construction project with 570 residential units is located at 241 Church St, on the northeast corner of Church and Dundas St, in The Garden District neighbourhood. This community is considered to be one of the most sought after residential areas in the downtown core as it has become a hotspot for condo developments.
Centricity Condos is in one of the most coveted downtown neighbourhoods, located in the Garden District. Over the last decade condo developments have become a common trend, accounting for 78% of sales. The sky-high pre-construction condo will be situated minutes away from the Allan Gardens (from which the area was named after), Moss Park and Ryerson University. Allan Gardens conservatory is an indoor botanical garden that dates back to 1858 planted with years of history. In addition, the Garden District is home to one of the busiest downtown areas, Yonge-Dundas Square; that consists of shopping centres, restaurants, bars, and prestigious performing arts venues.
The neighbourhood is considered to be very walkable, with a 99 out of 100 walk score. Conveniently, daily necessities can be found in walking distance and many different errands can be done on foot. This condo at the corner of Church and Dundas street has easily accessible public transit with multiple TTC bus stops and tram bus stops just minutes away. Union Station is about a 7-9 minute drive or can be walked to in approximately 20 minutes, give or take. This area is an investors paradise as it has opportunities for everyone from young single professionals, to students, couples, to first-time home buyers looking for that downtown lifestyle. It is also worth noting that the average priced home in the Garden District has had a 5% increase over the previous term. The Garden District consists of million-dollar condos, Victorian villas, Edwardian row houses and apartment complexes just to name a few.
This condo is especially close to Ryerson University, being just a hop, skip and a jump away. Other nearby universities include University of Toronto St. George Campus, Victoria University, and OCAD University. Other facilities include the Toronto Public Library – City Hall Branch, Pam McConnell Aquatic Centre, and Sugar Beach. St. James Square. There are also three main hospitals all within a 20-minute radius. And if you’re looking for recreational activities there are copious activities to choose from, including Toronto Eaton Centre, CN Tower, Ripley’s Aquarium, Nathan Phillips Square, Yonge-Dundas Square, Yonge-Eglinton Centre, Royal Ontario Museum, and Queens Park.
TOP REASONS TO INVEST
✓ Toronto is Canada's largest city and is GROWING! It is estimated that the city will need 259,000 new homes from now until 2031 to meet the demands of the growing population but will only be able to provide 157,800 new homes by that time which means that there will be a high demand for existing housing leading to increased real estate values and rental rates!
✓ Toronto has been recognized internationally as the most diverse and multicultural city in the WORLD!
✓ Toronto has one of the fastest growing tech sectors in North America and is home to the 2nd largest Financial Centre in North America
✓ Toronto is home to THREE world renowned Universities (The University of Toronto, Toronto Metropolitan University & York University)
POPULATION INCREASE & ECONOMICAL OUTLOOK
Toronto is the Largest City in Canada. It is home to over 2.7 Million People and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!
WORLD CLASS CITY
Toronto has been recognized internationally as the most diverse and multicultural city in the WORLD! There is desirability for others to move here which is evident by the high amount of immigration and migration into the city. Toronto has one of the fastest growing tech sectors in North America and is home to the 2nd largest Financial Centre in North America and is home to THREE world renowned Universities (The University of Toronto, Toronto Metropolitan University & York University), not to mention it is safe and is full of diverse food and entertainment options for everyone.
CONNECTIVITY & TRANSPORTATION
The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport - Toronto is connected and can take you anywhere you need to be.
LOCATION, LOCATION, LOCATION
Home to a thriving Downtown Core, the Rogers Centre, the Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class Universities, Lake Ontario to the south, thousands of restaurants - Toronto has so much to offer.