550 Adelaide Street East Condos

550 Adelaide St E,,
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Description

This dynamic new condo will contain residential units to promote activity and community for this growing Toronto neighbourhood.

550 Adelaide Street East Condos is a new mixed-use condominium development in Toronto. This pre-construction project will sit at 550 Adelaide St E, near Parliament and Adelaide in the St. Lawrence Market neighbourhood. This 29-storey condo will offer exceptional connectivity to existing and future transit.

It will also add 240 luxury dwellings to an area expected to grow in the coming years. Buyers will have the opportunity to choose from 137 one-bedroom units, 73 two-bedroom units and 30 three-bedroom units.

 

Amenities

550 Adelaide Street East Condos is a unique opportunity for buyers and investors to get a hold of– with its mixed-uses and family-friendly amenities. Additionally, it will offer attractive and distinct facades, especially with the addition of a glossy auto showroom and dealership at ground level.

The first floor of the podium and associated mezzanine features over 1,000 square metres of commercial space for the dealership. Also on the first floor, separate from the dealership, is a distinguished residential entrance with a convenient concierge and lobby area for residents, providing access to elevators and the residential levels above. The second to fifth floors of the podium are predominantly residential, with the fourth and fifth floors housing indoor and outdoor amenity space as well as a green roof.

At the 4th level, a 120 square metre indoor amenity space will feature active recreational spaces connected to the outdoor amenity terrace. This expansive outdoor area can be used for yoga, outdoor fitness classes, or other forms of fitness and recreation. It will also be beautifully landscaped with trees and plants and provide a green roof.

At the 5th level, is a 335 square metre terrace which contains three outdoor private yet connected dining “rooms”. Plus, there will be an additional area that features seating oriented around a stunning outdoor fire pit which can be utilized all year-round. The terrace will provide scenic views of Old Town and its vibrant streetscape.

A total of 100 parking spaces are proposed at grade and in three levels of underground parking, accessed from a driveway along Berkeley Street. It will consist of 64 residential parking spaces and 36 commercial/visitor parking spaces.

The slender 29-storey tower will establish a landmark view from both the East and the West. It can be seen when traveling along Adelaide Street out of the Downtown and it also tapers on the east side to respond to the shape of the property making for an equally interesting view from the East.

 

Location & Neighbourhood

550 Adelaide Street East will sit in a charming neighbourhood suffused with exceptional conveniences, including shopping, employment opportunities, excellent transit, entertainment, and so much more. This site scores an impressive 94/100 walk score and a near perfect 97/100 transit score. This means almost all of your daily errands can be accomplished afoot.

Within walking distance, locals can access the surrounding distilleries, breweries, and cafes. It also sits relatively close to the landmark St.Lawrence Market, which is one of the largest and oldest public markets in Toronto. Operating since 1803, this is still an integral place for foodies and farmers alike. On the weekend, farmers from throughout Southern Ontario flock to these stalls to sell their fresh produce, and buyers come to visit and shop for hard-to-find deli’s and cheeses.

This condominium will sit in Old Town Toronto, a small neighbourhood with similar characteristics to its surrounding neighbourhood’s Corktown and St.Lawrence Market. Being downtown, this project is also close to some of the most vital employment centers in the GTA, including the Financial District. It will also sit close to the George Brown College on Lakeshore, making this an ideal location for students and business professionals to live.

Address: 550 Adelaide St E,
City:
State/County:
Zip: M5A 3Y7
Country: Canada
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    ParkHomenko Real Estate Team
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    2020-05-06T15:13:12-04:00
    Amazing service! Kate is very knowledgeable and good at explaining all pros and cons when purchasing a property. If you are looking for that special “just for you” home, this is a realtor to turn to. She will not push you into buying, instead she will make sure that you are 100% committed to the decision you’re making.

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    2020-05-06T15:12:09-04:00
    Parkhomenko team have been on top of their game with helping us purchase our first home. Kate has been very patient with us all the way till the closing occurrence and made the closing as smooth as possible with the team of professionals: i.e mortgage broker, lawyer! Anytime i recommend Parkhomenko Team.

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    ParkHomenko Real Estate Team
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    I have been Olga's customer for a while. The whole buying and renting properties experience with help of Olga and her team is fantastic. I am always very impressed with Olga's efficiency and professionalism and how smooth the whole process is made. Olga and her team are always easy to reach on the phone and available even after hours to speak to. I 'd recommend her and her team to anyone who wants to buy, rent or sell.

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    ParkHomenko Real Estate Team
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    2020-05-06T15:07:59-04:00
    We have worked with Kate a number of times to sell or to buy properties in different areas of GTA, and she did an excellent job from start to finish. Nothing was too much trouble and everything was dealt with quickly and efficiently, whether it was arrangements for viewing the property or dealing with questions throughout the sales process. The Team behind Kate is understanding and considerable and we feel very greatful to each of them. We are really happy with the level of service received and would definitely recommend Kate and her Team to anyone if you want an easy, efficient and honest service.
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