Address: 245 Queen St E

City: Toronto

State/County: Ontario

Zip: M5A 1S5

Country: Canada

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Overview

Updated On:
May 31, 2023

Description

Be part of Queen & Sherbourne Condos in a wildly-anticipated redevelopment in a downtown Toronto neighbourhood many consider to be a future hotspot. This high-rise development at Queen Street and Sherbourne by ONE Properties is in the pre-construction phase, with a glittering trio of towers.

This downtown Toronto condominium will occupy the southeast corner of Queen Street East and Sherbourne. Proposal plans call for three towers, two reaching 39 storeys and a third reaching 45. Upscale-style podiums will anchor each tower, containing at least three floors of retail, plus condominium amenities.

Amenities

The development will have 1,654 condominium units in total; a small community in itself! A wide variety of unit sizes and layouts are proposed, catering to the diversity of residents who will doubtlessly want to call this downtown Toronto condo home. Suites will include 1,172 one-bedroom units, 304 two-bedroom units and 169 three-bedroom units.

This new building is being designed by not one, but three renowned architectural firms; Arquitectonica, S9 Architecture and Sweeny & Co. Arquitectonica is a Miami-based firm with international reach, known for their striking, minimalist designs.

S9 Architecture, out of New York, is a group with numerous, urban, mixed-use communities under their belt. Sweeny & Co., is a Toronto-based firm that is responsible for several commercial and residential condominium projects throughout downtown Toronto.

The three of them have produced dazzling renderings for this condo project, showing sleek, minimalist towers with floor-to-ceiling windows. Near the top of each tower, outdoor amenity space has been carved out, allowing the communal terraces to offer gorgeous views of the downtown skyline. It’s the perfect place to relax with a glass of wine and enjoy the sunset, or to throw an unrivaled outdoor dinner party, if that’s more your style.

Location & Neighbourhood

The eastern portion of downtown Toronto, where this new pre-construction building sits, is a great place to invest, as it’s undergoing a serious revitalization yet remains somewhat more affordable than many more established downtown neighbourhoods. Urban Toronto has named this corridor as a future growth area in their Growth to Watch For 2016 report, a report that tracks hundreds of development proposals and construction projects throughout Toronto.

The site is close to the continuously-expanding Ryerson University, George Brown College and The Financial District, where it’s estimated 200,000 people work every day.

With the 24-hour streetcar at your door and just a few minutes to the Queen subway station, it scores a perfect 100 on its TransitScore and a 94 for its WalkScore, making your commute, daily errand-running and leisurely neighbourhood explorations a dream. Shopping, groceries, entertainment and recreation are all at your fingertips.