49 Ontario Street Condos
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Condo Project Summary
A new condominium is debuting in downtown Toronto. Its opulent design and convenient location show it to be a promising real estate investment.
49 Ontario Street Condos is a mixed-use residential development by Dream Unlimited in Toronto. This pre-construction project is located at 49 Ontario Street in St. Lawrence neighbourhood near the Parliament Street and Adelaide Street East intersection.
This spectacular development will serve many functions. It will contain a mix of residences, office space, and ground-floor retail stores. These diverse spaces promote a vibrant community. It will attract a wide range of people that will enliven its neighbourhood.
This development caters to a contemporary urban lifestyle with its premium downtown location. It is situated close to many of Toronto’s most important destinations. It is served by the city's very best transit services.
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49 Ontario Street Condos is comprised of three separate towers. The two highest towers are 36 and 29 storeys high, and are located along Adelaide Street East. These towers share a 6-storey-high podium that will contain retail and office space.
The third tower is 12-storeys high and is located to the north of the site. It fronts along Berkeley Street and is exclusively a residential tower.
The three towers will contain a total of 881 living units:
- 543 one-bedroom units
- 244 two-bedroom units
- 94 three-bedroom units
Living units will include 30 two-storey townhome-style suites on the ground floor. These units are located at the base of the towers. They are equipped with their own private entrances.
The southern towers will contain 643 square metres of ground-level retail. Set along Adelaide, residential and office entrances can also be found here. Floors 2 to 5 of the southern podium will contain 13,163 square metres of office space.
49 Ontario Street Condos will provide an ample amount of residential amenities:
- 1,572 square metres of indoor amenities (located on Adelaide towers floors 7 and 8; Berkeley tower floor 2)
- 1,194 square metres of outdoor amenities (located on Adelaide towers floors 6, 7 and 8)
A 7th floor bridge connects the Berkeley mid-rise with the southern high-rises. This will give Berkeley residents access to outdoor amenities including an outdoor pool.
A two-level underground garage contains 202 vehicle parking spots. 149 of these spots are for residents. There will also be 947 bicycle parking spots.
Location & Neighbourhood
St. Lawrence is a great downtown neighbourhood. It is at the eastern edge of the downtown core. It is surrounded by Toronto’s best dining, shopping, and nightlife. It is close to great transit services. It is a direct gateway to ideal downtown living.
Top Toronto landmarks located nearby include:
- Distillery District
- St. Lawrence Hall
- George Brown College — St. James Campus
- Corktown Commons
A longer walk will take locals to other important downtown locations:
- Eaton Centre
- Ryerson University
- Yonge-Dundas Square
- City Hall
- Elgin and Winter Garden Theatres
Local parks in the area include:
- David Crombie Park/The Esplanade
- Orphan’s Green
- Corktown Commons
This downtown community is extremely walkable. It has scored a sublime Walk Score of 98. This signifies that most errands will not require the use of a car.
Making commuting a breeze is this area’s incredible transit services:
- King streetcar — 5 minutes away by foot
- Queen streetcar — 6 minutes away by foot
- Line 1 King Subway Station — 15 minutes away by foot
From this location, residents can reach Union Station by transit in just 15 minutes. Because this area has some of the city’s best transit, it has earned a perfect Transit Score of 100.
This neighbourhood provides the optimal conditions for the city’s best downtown living. There’s not much you can’t accomplish at this premium condominium. It makes for a perfect residence or rental property.
For all these reasons and more, you should invest in 49 Ontario Street.
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49 Ontario Street Condo Developer
Dream Unlimited Corp is a Canadian-based real estate developer. It has over $14 billion in assets throughout North America and Europe. It has built homes in Toronto, Regina, Saskatoon, Calgary, and Ottawa. This developer supports sustainable building practices. These include environmental waste management and renewable energy production.
Read more about this developer.
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