Elektra Condos
(12 votes, average: 4.33 out of 5)
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Condo Project Summary
A new condo development will soon take over a heritage site in east Toronto.
Elektra Condos is a new mixed-use high-rise condominium development in Toronto. This pre-construction project by Menkes Developments and Core Development Group is located at 212 Dundas St E near the north-east corner of Dundas and Jarvis in the Garden District neighbourhood.
This is a 48 storey residential condo containing over 500 diverse suites. From studio to three-bedroom units, the condo accommodates a range of lifestyles.
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Rising in the Heart of the city is a community rooted in the bold history of Toronto’s iconic downtown core.
Based on the Elektra Condos renderings, we know that the Filmores Hotel will be preserved and seven additional floors will be built above it. We can expect a podium to hold retail and possibly office space while the rest of the tower will create space for residents.
This new development will boast over 20,000 square feet of electrifying amenity areas for residents to take advantage of. This includes both indoor and outdoor amenities including a modern sound studio, gaming hub, garden café, co-work lounge, party lounge, theatre, kids zone, fitness studio, and yoga studio.
Meanwhile, the outdoor facilities will consist of an outdoor terrace furnished with patio seating and lounging, and a fireplace terrace where you can get cozy under the stars.
We can expect this condo to feature quality suites with contemporary finishes and open-concept layouts.
Most units will come with a spacious balcony design, completing the overall convenience of condo living. We can expect to see modern kitchens and elegant bathrooms throughout.
The Filmores Hotel has a longstanding history with the City of Toronto. It was built more than 100 years ago and has changed ownership throughout the years. Based on its 20th Century Edwardian style architecture, the city recently deemed it a heritage site which means that it is recognized by the city for its historical and cultural values, it also means that its historic architecture will be preserved.
Menkes and Core saw an opportunity to preserve this building while turning into a vibrant place to live. Menkes has partnered with Giannone Petricone Architects, one of the most well-known and reputable architects in the city, to create a new landmark that will add many residential units to the area.
Location & Neighbourhood
Elektra Condos will sit in the urban neighbourhood of the Garden District in east Toronto. This neighbourhood is considered a family-friendly area because it offers many low-rise homes, local schools and is considered a quieter part of the city compared to the bustling streets of the downtown core. What makes this area an ideal place to live is that it's just minutes from the vibrant streets of downtown Toronto. This development will be a great option for families and young professionals that work downtown and want to come home to a quieter part of the city.
This area offers an incredible Walk Score of 99 out 100 and has everything from high-end restaurants, eateries, cafes, nightlife, supermarkets, boutique shops and big box stores. Additionally, there are many entertainment venues and things to do in this area that are just walking distance from this development. Some of which include Yonge and Dundas Square, CF Toronto Eaton Centre, Nathan Phillips Square, Massey Hall and Ed Mirvish Theatre. Ryerson University and George Brown College is just a 10 minute walk away, making this development a great option for students.
This area is also near high-density employment districts such as the Financial District that can be reached in just 7 minutes.
The area also offers a perfect Transit Score of 100 which means that future residents will have access to the best public transit in the city. Residents here don’t have to worry about owning a car instead they will be able to easily and conveniently travel around the city.
There are many streetcars that run throughout this development and Dundas Station is just an 8 minute walk away. This station runs on the Yonge-University Line 1 and will take commuters to Union Station in a quick 4 minutes. This development will be built in a hotspot of the city with many convenient urban amenities close by making it a prime investment opportunity.
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Elektra Condo Developers
Menkes is one of the largest and most prominent builders in the city, with a name that has spanned for over 60 years. Menkes and their designers have achieved a reputation that caters to affordability and practical living. The company was founded by Murray Menkes who blended his business background with his creative vision, putting Menkes Developments Ltd., on the map for setting high industry standards.
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Core Development Group is a Toronto-based real estate developer dedicated to pushing boundaries in the home building industry. Founded by Corey Hatwin, this team is committed to creating unique urban developments seen throughout the GTA. By working with leading-professionals and joint venture partners they are able to tackle a variety of both project and development services.
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