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147 Spadina Condos
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Condo Project Summary
This sophisticated art-deco inspired development is coming to invigorate an intersection in one of Toronto’s thriving neighbourhoods.
147 Spadina Condos is a new mixed-use condominium development by Hullmark in Toronto. This 25-storey high-rise pre-construction project is located at 147 Spadina Ave corner of Richmond Street West and Spadina Avenue in the Fashion District neighbourhood.
This condominium will contain up to 223 residential dwelling units and feature stunning architectural designs to liven the area and attract many investors.
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147 Spadina Condos will be a 25-storey tower containing a 14-storey podium with a residential GFA of 19,415 square metres and 433.6 square metres of retail area. The condo will contain many layouts and designs totalling 223 residential dwellings in the following contingencies:
- 5% studios
- 50% 1-bedroom
- 30% 2-bedrooms
- 15% 3-bedrooms
This development will provide a total of 941 square metres of amenity space inclusive of a residential lobby and concierge, mailroom on the ground floor. This level will also contain over 4,600 square feet of retail area lining Spadina Avenue.
This will present excellent opportunities to enhance the public realm and create a vibrant streetscape.
We can expect to find more indoor amenity space on the second floor and both indoor and outdoor on the third floor provided in the form of an outdoor terrace; the 15th floor will also contain a communal outdoor terrace where residents are encouraged to make use of the open area overlooking the city.
Additionally, The proposed building includes a 3-level below-grade parking structure with car parking and 248 Bicycle storage spaces, with elevator access located on the P1 level.
Car parking will take place on the P2-P3 levels containing 26 car parking spaces. Access to the car parking spaces on these levels will be from a below-grade link to the existing underground parking garage of District Lofts at 388 Richmond Street West.
The limited amount of parking will be to encourage residents to use bicycles and green transportation methods in place of cars.
This latest development will be replacing a 2-storey brick building located in the fashion district and turning it into an architecturally distinct condo with art-deco designs and bright facades.
Location & Neighbourhood
147 Spadina Condos is incredibly convenient and ultimately an ideal location to invest in. The site scores a perfect transit score, a 99 walk score and a 99 bike score meaning everything you need is within arms reach. The fashion district provides world-class entertainment, dining, arts and culture making it the perfect place to live, work and play.
Toronto’s Fashion District is a lively, urban pocket that falls into what the city calls a “regeneration area.” These areas are places where significant reinvestment and intensification is encouraged, something we’ve definitely seen here lately, especially in this particular intersection. From a wider scope, the Fashion District fits into one of the province’s Urban Growth Centres, which means it’s expected to house a good portion of the growing population, as well as bring more employment opportunities, diverse infrastructure and community services. It makes a great place to invest in and an even better place to call home.
It’s an exciting and spirited place to live, with lots of character as it is surrounded by some of the city’s hottest clubs and restaurants, and some of the city’s most charming historic buildings.
Arts and culture are both at your fingertips, with an abundance of galleries in the area, and some of the city’s most beloved theatres. This area is a place of interest for young professionals, urbanites and executives who work in the nearby Financial District, where approximately 200,000 people work.
Not to mention, residents here will be able to benefit from the site’s proximity to excellent transit options including its walkable distance to the Queen Street West stop of the TTC Spadina LRT and a short walk to the TTC Queen Street Streetcar stop at Queen and Spadina. It is also close to (approximately 1 km) Osgoode Station on the TTC Line 1 Yonge/University subway. Almost all your day-to-day needs are within walking distance and the area is served by two 24/hour streetcar lines and a network of bus routes, making it easy to get around.
Motorists can also make good use of the condo’s position on major roads including Spadina Avenue and Richmond which can help commuters easily navigate through the city.
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147 Spadina Condo Developer
Hullmark has spent nearly 60 years helping to contribute to a vibrant, ever-transforming urban Toronto. As both city builders and city inhabitants, they pride themselves on committing to the lasting prosperity and livelihoods of the urban communities they help shape.
Read more about this developer.