RioCan Hall Redevelopment Condos

162 John St,, Toronto

Address: 162 John St,
City:
State/County:
Zip: M5V 2E9
Country: Canada

Overview

  • Updated On:
  • February 15, 2023

Description

Give yourself the ideal urban lifestyle with this new luxury residence set to redefine the skyline of downtown Toronto.

This new project made by RioCan Living is currently in pre-construction located at 126 John Street at the intersection of Richmond Street West. RioCan Hall Redevelopment is a mixed-use development in Toronto’s Entertainment District.

As an ambitious reimagining of the current RioCan Hall, this resplendent redevelopment looks to become the preeminent condominium of the city centre. Designed to be a model of forward-thinking design and urban practicality, this new complex will serve no end of convenience and comfort to its residents and the public at large.

This complex will largely be comprised of two condominium towers, each 39 and 40-storeys high, that will contain a total of 613 living units as well as devoting seven floors to office space. The towers will share an articulated 7-storey podium that will used for such varied purposes as a daycare, a grocery store, and an eight-auditorium theatre complex, thereby attracting a wider clientele to what will surely be a bustling central destination.

Not only that, this eye-catching project looks to continue this site’s storied legacy as a prominent downtown destination. The northwest corner of this redevelopment will feature a publicly accessible 744 square metre park, sure to become a future meeting place and neighbourhood focal point. The project also looks to improve the public realm with ground floor setbacks that will allow for wider sidewalks, street-level trees, and bicycle parking. At the same time, the redevelopment will arrange for ground-level retail and restaurant space in order to cater to John Street’s ongoing function as a pedestrian-oriented avenue.

For the benefits this new project will give to the surrounding area, it’s the future residents of this high-end condo that stand to benefit the most from the unbeatable location of this address. Here, in the Entertainment District at the centre of downtown, residents have immediate access to the city’s best entertainment, retail, and food and beverage establishments while simultaneously receiving world-class transit service.

This exciting project signifies the very epitome of urban living — it simply doesn’t get more downtown than with RioCan Hall Redevelopment, an unmatched choice when it comes to Toronto condo investment.

 

Amenities

This upscale development will consist of:

  • 370 1-bedroom units
  • 179 2-bedroom units
  • 64 3-bedroom units

1-bedroom units will make up three-fifths of all condo living spaces. As seen by architectural plans, one of the towers will feature rounded corners and setbacks on several floors, creating spacious outdoor terraces for select units.

The redevelopment will feature 1,226 square metres of indoor amenities and 1,491 square metres of outdoor amenities that will be found on floors 6 and 8 of the two condo towers.

Below, a 2-level underground garage will contain 304 vehicle parking spaces, 149 of which will be reserved for residents. As well, the garage will be home to some 796 bicycle parking spaces (of which 607 will be for residential use) as well as two changing rooms for men and women, respectively.

Residences of each tower will be serviced by its own separate lobby, as will the site’s office space. The first and second floor retail space is expected to take up 5,953 and 5,993 square metres, respectively, while the third-floor three-storey-high theatre will occupy upwards of 6,377 square metres of space. Meanwhile, these services will be rounded out by a 1,335-square-metre daycare that will come equipped with its own outdoor rooftop play area.

Be sure to register with GTA-Homes today to receive all the latest updates on this rising real estate prospect.

 

Location & Neighbourhood

With the entire downtown core waiting outside the door of this address, it’s no mistake to say this redevelopment is located in the absolute heart of Toronto. This condo has been awarded a sublime Walk Score of 99, signifying a Walker’s Paradise where daily errands do not require a car.

From the condo’s location at Richmond and John, there is just about no shortage of top attractions, choice eateries and retail outlets, and esteemed cultural hotspots.

World-class theatres and museums in the vicinity include the Princess of Wales Theatre, the Royal Alexandra Theatre, Roy Thomson Hall, Art Gallery of Ontario, and TIFF Bell Lightbox. Nearby popular tourist attractions include the CN Tower, Harbourfront, Ripley’s Aquarium of Canada, and the Hockey Hall of Fame while large-scale sporting and entertainment venues Rogers Centre and Scotiabank Arena are both located a short walk away as are City Hall and its venerable neighbour, CF Eaton Centre.

Property Id: 11821

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