Overview
- Updated On:
- February 22, 2023
Description
This new condo is coming to one of Toronto’s largest employment powerhouses within this downtown Urban Growth Centre.
15 Richmond Street East Condos is a new high-rise condominium development in Toronto. This 71 storey pre-construction project with 565 units is located at 15 Richmond St E, on the southwest corner of Victoria Street and Richmond Street East, in the Financial District.
This mixed-use real estate development will be just minutes from several subway stations and present an exceptional urban lifestyle.
15 Richmond Street East Condos is centered around stirring transformation and involves the redevelopment of the existing Cambridge Suites Hotel in downtown Toronto. This will be accomplished by removing the roof of the hotel and expanding the structure’s existing floors while applying a new thermal façade and installing additional upgrades. A total of 48 new storeys will be constructed above the existing development, with a new exterior. The result will be a striking new condo tower that rises throughout Toronto’s skyline, making a distinct impression.
Retail units in this condo project will be present off of street level, adding convenience and service. The majority of condos will be one-bedroom units, with two and three-bedroom suites also available for investment.
Residents will be able to enjoy competitive amenities that match and rise above those found elsewhere in the neighbourhood. Residents will benefit from ample indoor amenity space, as well as lush shared outdoor areas that provide fantastic views.
Outdoor terraces and private balconies will present additional room to relax and rejuvenate in this central city gem.
As a transformative development, this condominium promises to bring exciting new Toronto real estate for a solid investment.
Location & Neighbourhood
15 Richmond St E Condos are located in Toronto’s dynamic Downtown and also within its iconic Financial District. Residents in this area can enjoy amazing walkability with daily needs just steps from home. This address scores an extraordinary Walk Score of 100/100 and a Transit Score of 100/100. This location is a walker’s and rider’s paradise, which is an uncommon double accomplishment. High-rise buildings spring from the landscape at every turn and densification is the current theme.
This community falls within one of the city’s much sought-after sweet spots. While this condominium isn’t on Toronto’s waterfront, this development presents fantastic investor opportunities. Queen Subway Station is just 120 metres from these condos and an additional five subway stations on the Line 1 Yonge-University are also within walking distance in under 700 metres. The future Ontario Line 3 subway will add even more connectivity with trains traveling west to Exhibition and northeast to the award-winning Ontario Science Centre. Residents can easily hop on a train or grab a street car along Queen Street and King Street to reach all the city has to offer. Whether it’s dinner with a friend, a date-night with the country’s best art, or an early-morning corporate meeting, leading public transit will get them there.
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