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Condo Project Summary
This project is an upcoming condo development currently in pre-construction. This condominium is being developed by real estate heavyweights RioCan and Allied, and it is located in the exciting and vibrant Fashion District neighbourhood, which has become a local hotspot for a fun night out. Occupancy for the Kingly Condos is expected for the Summer of 2019.
This is a mixed-use residential, retail, and office development. The office space is named the King Portland Centre, and it represents 13 floors and 250,000 square feet of office space that will host such companies as Shopify and Indigo. The ground level will house 13,000 square feet of retail floor space that will accommodate undetermined shops and restaurants.
The condominiums section of the building will be 16 storeys high with 133 condominium suites, and it will include an assortment of one bedroom, two bedroom, and three bedroom units. Residents on the 4th, 6th, 13th, and 14th floors will be treated to large open terraces. The pinnacle of this development is the expansive penthouse located on the top floor. Parking is available to all residents of two bedroom condos whose units exceed 650 square feet.
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In addition to the premier restaurants and shops on the ground floor of this development, there will also be amenity space located on the top floor of the building. Just imagine sitting on your rooftop terrace in the heart of the Fashion District and gazing out to the lively neighbourhood all around you. Witness the colourful surroundings in the heat of the day, or the glimmering lights in the evening - the Kingly condos is your chance to see it all.
Unit sizes will be a balance of spacious two and three-bedroom layouts, with ample room for young families -- or even students looking to live with roommates.
Residents will find an assortment of amenities at their fingertips, not limited to a state of the art equipped fitness centre, and scenic interior courtyards. Professionals will also be able to make the most of available contemporary office work spaces, perfect for getting a change of scenery when working from home. The space will also be well suited to host meetings, if you're looking to outline important future plans in an upcoming small business!!
A particularly luxurious amenity residents can look forward to is access to a private dining room with kitchen catering and a lounge. Hosts and hostesses will love having the space available for lavish events from birthdays to holidays to anniversaries. The spacious area is comfortable and elegant, making for the perfect special evening with friends and family.
The development is as lavish inside as it is outside, with modern ,minimalistic architecture making it stand out among others in the neighbourhood. Its exterior makes its mark in the bustling downtown community beside neighbouring gourmet restaurants.
Location & Neighbourhood
This new building is located in the heart of the revitalized and dynamic Fashion District. This has become the go to neighbourhood for contemporary urbanites who are looking for a good time. It has become the city’s epicentre for cuisine and fun with notable spots like Spin, Bar Wellington, and Quantum Coffee - home of Canada’s only Pour Steady coffee machine.
This is also the go-to region for shopping with notable locations like Mountain Equipment Co-Op, Gotstyle, Cumbrae’s Butcher, and Soma Chocolatemaker.
The condo location has an amazing 98/100 Walk Score, and a perfect Transit Score with 100/100. In addition to the wealth of eateries and shops in the area, there are also plenty of entertainment options that will enrich your life. The area is full of learning centres that are eager to teach you a new language, how to dance, or to play an instrument. The district also borders on Toronto’s Entertainment District neighbourhood. This means that you’ll be able to stroll over to the TIFF Lightbox Theater, Rogers Centre, or Air Canada Centre for a fantastic night on the town. The abundance of streetcars and buses that service the area account for its perfect transit score. You can also take a short ride to the St. Andrew Subway Station, or if you don’t mind the walk it’s only 15 minutes away.
In addition to the businesses and transit of this neighbourhood, there’s also the vibe of the area. Artists, musicians, and young professionals all flock to the Fashion District to get some work done in the trendy cafes, or to unwind in one of the world class bars. No matter what you’re into, this neighbourhood has something for you.
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Kingly Condo Developers
Allied plays a leading role in urban development throughout Canada by focusing on enhanced office environments that will increase profits for business owners. They fill the roles of owner, manager, and developer by focusing on providing stable growth to their unitholders. They have a presence across nine cities across the nation, and they’re able to find consistent success by prioritizing strong management and steadily increasing portfolio growth.
Read more about Allied.
RioCan was established in 1993, and since then they have taken a leadership role in developing communities across North America. They believe in adhering to integrity, candor, and responsiveness, and these guiding principles have made them the largest real estate investment trust in Canada. They build projects and partnerships for the long term, always with an eye towards the future. They believe that there is a home for every tenant - residential or retail - and they strive to work together with their clients so they can discover shared success.
Read more about RioCan.
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