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King and Charlotte Condos
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This new project is a 47-storey condominium proposed by Plaza featuring 530 dwelling units and significant retail space, King and Charlotte Condos is located in Toronto’s Entertainment Districts for an occupancy date of 2021.
Occupying a prime urban spot just west of the vibrant Spadina Avenue, this sleek condominium will feature a 36-storey tower anchored by an 11-storey podium. The first two floors of the podium will include almost 37,000 square-feet of retail space. Retail access will be available through an airy galleria located at the building’s southwest corner.
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The unit mix at this new condos is expected to include:
- 164 one-bedroom
- 313 two-bedroom
- 53 three-bedroom layouts.
In total, the tower will feature 11,409 square metres of indoor amenity space on floors three and 12, with the entire twelfth floor reserved for indoor amenities. 11,590 square-feet of outdoor amenity space will also be included on these floors, including a northeast-facing outdoor terrace on the third floor and east and north facing terraces on the twelfth floor.
The tower will be a singular, rectangular-shaped structure, designed with vertical cladding in both dark and light tones for a contemporary and distinctive feel.
Location & Neighbourhood
Entertainment District Condominiums in Toronto are part of an exciting and dynamic neighbourhood. Though it’s already earned a reputation as a major hotspot in the city – thanks to an endless selection of bars, nightclubs and five-star restaurants – Toronto’s Entertainment District is poised for even more of an urban transformation.
In the last few years we’ve seen a significant increase in contemporary high-rises for this neighbourhood, while several are currently in the pre-construction or proposal stage. These include two luxury hotel and condominium residences, and a major transformation of the Princess of Wales Theatre, a few blocks east of this location. The transformation will add two condominium towers to the neighbourhood as well as significant retail, creative office space, an art gallery and a new campus for the Ontario College of Art and Design.
In anticipation of major growth for the area, the city of Toronto has launched a pilot study to modernize the transit system. As it stands, the King streetcar passes right by the site’s front door and it’s a few minute’s walk to the St. Andrew subway station. The Spadina streetcar also runs north and south just a block away, connecting directly with the subway’s line 2. It’s hard to imagine a site with better transit access. It scores a perfect 100 on its Transit Score and a 98 on its Walk Score.
As part of the city’s downtown “urban growth centre,” it’s a neighbourhood where density and infrastructure is expected to increase, creating even more of a vibrant and connected hub. As it stands, units here command some of the city’s highest rental rates and it’s popular with young professionals who work in the nearby Financial District and anyone who craves a high-energy urban environment to work and play in.
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King and Charlotte Condo Developer
Plaza boasts over 5,000 condominium suites either completed or under construction in Toronto alone, with many of their projects in the city’s most desirable urban pockets. Known for their exceptionally high standards in terms of quality, features and finishes Plaza’s name has become synonymous with affordable luxury.
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