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RUSH Condos

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520 Richmond St West, Toronto, ON M5V 1Y4
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Condo Project Summary

This is a new pre-construction condominium project in Toronto’s Fashion District, proposed by Alterra Developments. A contemporary mid-rise building, RUSH Condos is slated for a 2022 occupancy.

This stylish home will give a vibrant neighbourhood yet another modern addition that still pays homage to the area's rich history while offering a wealth of condominium-style conveniences.

The development site sits on the northwest corner of Richmond and Augusta Avenue, a leafy, yet modern pocket that’s rich with historic buildings.

RUSH Condos
520 Richmond St West, Toronto, ON M5V 1Y4

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Amenities

Alterra’s proposal calls for 15 storeys and 108 residential units with commercial space at grade. The unit mix is expected to include:

  • 50 one-bedroom suites ranging from 458 to 544 square feet
  • 30 one-bedroom-plus-den suites ranging from 577 to 700 square feet,
  • 17 two-bedroom suites at 736 square feet
  • three-bedroom plus suites ranging from 877 to 902 square feet.

36 parking spaces will be located underground, along with bicycle spaces. A landscaped rooftop terrace is expected to be included, along with a selection of indoor amenities.

 

Designed by Quadrangle Architects, RUSH Condos will feature, French balconies, symmetrical lines and a warm, yet contemporary façade, complementing its surroundings beautifully. Inside, a luxe lobby characterized by a sleek palette of white, black and grey marble is topped off with glass doors throughout. Suites here will feature engineered quartz kitchen countertops, laminate and tile flooring, matte black finished faucets and a plethora of inspired design detail in every room.

Residents and guests are welcomed to take advantage of the building's list of exclusive amenities. From a fully appointed fitness centre to a yoga stretch area and climbing wall, you'll never run out of ways to stay active. The Party Room and dining area will lead to a connected outdoor terrace where Barbecues, a pet wash station and a bicycle maintenance area will be available. High speed internet service with an advanced Wi-Fi modem is included in all suites plus Wi-Fi will be accessible throughout amenity areas.

Location & Neighbourhood

Condos in Toronto’s Fashion District have a unique appeal. The neighbourhood has strong historical roots, having been the center of the city’s garment and textile manufacturing industry in the early twentieth century. Its influence can still be seen in the many art deco-style warehouses lining the stretch, many of which have been converted into residential lofts, art galleries, restaurants or office space for creative and technology-based businesses.

In the past few years, we’ve seen more contemporary condominiums popping up here too, as young professionals begin to favour the area for its proximity to trendy neighbourhoods like West Queen West, Chinatown and the Entertainment District. Many of these are mid-rise buildings, designed to complement the area’s existing streetscape.

In the Fashion District, you’ll find a selection of trendy bars, cafes and boutiques, making it a great pocket of the city to start or end your day. With all of these trendy developments nearby, this location is awarded a perfect 100 on its Walk Score, this means that you can accomplish your daily errands without the use of a car.

The city has designated this portion of its downtown as a “regeneration area,” which allows for a wide range of uses, including residential, commercial and light industrial.

Despite the trend for mid-rise and boutique buildings here, a seven-acre redevelopment is proposed for the southern part of the neighbourhood that will see seven towers, significant office space, a retail galleria and pedestrian mews. We love the idea of investing in property near large-scale mixed-use projects, as it adds value and presents even more opportunities to work, shop and enjoy the public realm in a modern setting.

 

Easily one of the most vibrant neighbourhoods in Toronto. Further west towards Bathurst, Queen Street feels more like a residential neighbourhood, with a few cafes and a grocery store.

This stretch is due to undergo a significant revitalization, as a large parking lot at the corner of Portland street is being developed into a mix retail and residential units.The Fashion District has plenty of fabric shops, Mom and Pop diners and coffee shops. Juice bars and trendy gourmet burger joints are also nearby.

The neighbourhood scores a perfect 100/100 on its Transit Score, thanks to its close proximity to three streetcar lines. Both the King and Queen cars are steps away and it’s only a few minutes’ ride into the Financial District or other high-density employment areas. The Spadina car connects you directly with the Bloor subway line to the north, as well as Union Station and the waterfront to the south. Post secondary school students will find this living destination ideal especially because OCAD University and George Brown campuses are a short distance away. Additionally, the area's world class transportation options offer short commutes to both Ryerson University and the University of Toronto.

This is your chance to invest in a truly cosmopolitan location with a compelling historical appeal.

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RUSH Condo Developer

Alterra excels at conceptualizing the history, architecture, culture and character of neighbourhoods and building homes that reflect these. Their most recent downtown condominiums have sold out extremely fast and received industry accolades for their innovation and design. Alterra’s CEO, Robert Cooper, was the youngest person to ever be awarded the prestigious Home Builders Association Lifetime Achievement Award.

Read more about Alterra.

Alterra

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