List of New Condos in The Distillery District Neighbourhood
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Now Selling
No 31 Condos
Pricing From $919,899
31 Parliament St, Toronto, ON
Developer - Lanterra Developments
Occupancy - 2024
View Details
Why Invest In The Distillery District Real Estate?
A small group of visionary developers had a plan for Toronto over 20 years ago: to create a space where creativity could bloom and passion could be inspired – a place where artists, craftspeople, entrepreneurs, and businesspeople could rub shoulders and be inspired by one another. The Distillery District is well-known for its “top-of-the-line” enterprises. This region hosts a diverse range of internationally recognised festivals and events. You’ll see a striking blend of old and new, a beautiful mix of Victorian industrial architecture and outstanding 21st-century design and originality. As a result, a globally recognized town of creative businesses, shops, galleries, studios, restaurants, cafes, theatres, and more has evolved. The Historic Distillery District is among the most visited places in Toronto.
Why Buy New Condos In The Distillery District?
It’s a fantastic area to live, work, and have fun. This neighbourhood is ideal for anyone who enjoys an urbane lifestyle. The Distillery District has succeeded in combining the charm and peaceful environment of European walking and patio areas with the edgy, stylish dynamic of New York City’s SoHo.” You will find a European-style Christmas market throughout the holidays. New condos will provide something surprisingly large and lively. While this region is full of finely polished, classically styled buildings that pay homage to the neighbourhood’s old architecture, it also offers the luxury of contemporary condominium living surrounded by transit, shopping, and the magnificence of downtown Toronto. You will be in the heart of The Distillery, with its distinct personality, as well as in the midst of exciting downtown east. Rooftop terrace overlooking The District, games room, health & fitness centres, pet care, co-working space, and many more amenities have been designed to cater to various demographics in new condos. The ultimate result is a thriving neighbourhood where a large number of people can live in this unique location, local businesses can thrive, and the district’s streets are given new life.
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Entertainment In The Distillery District
The Distillery Sector is a commercial and residential district located east of downtown Toronto, Ontario, Canada. This area is full of young adults and middle-aged people. It’s both a daytime site and a popular party place, with Toronto’s largest indoor retail mall, a number of vintage theatres, and a strong nightlife concentrated around the area’s Distillery District bar and clubs near the East End. It also includes some of Toronto’s most iconic outdoor spaces, such as Nathan Phillips Square and Yonge-Dundas Square which are excellent for a concert, a skate, or a pleasant evening. The neighbourhood has also hosted the most popular festival, the Toronto Christmas Market. Parliament street borders the distillery district, quite close to subways & highway making travelling around town easier. Parliament Square Park, the St. Lawrence Community Recreation Centre, and David Crombie Park are all within a 5-minute drive of this area. The Distillery Historic District is one of the city’s top markets. Its desirable location attracts many people, particularly young professionals seeking convenience and the condo lifestyle.
Average Prices For Condos In The Distillery District
The industrial buildings contrast with the new steel and glass condo constructions in this region that include state-of-the-art amenities. You’ll have a hard time finding an excuse to leave your neighbourhood with its history and fantastic cuisine choices. Condominiums account for 96% in this neighbourhood, with other condos accounting for 2%. Condo apartments are the most popular type of property, with the majority of units having only one bedroom. The average price in this community during the last year has been $568,103, with an increase of 22% from the preceding period. The area’s population is 43,365 people with home ownership at 51%, while rented housing is at 40%.
Transit in The Distillery District
The bus stops on Front Street East and Parliament Street are right outside your door. The Queen and King Street streetcars are also within walking distance. The city has also proposed an East Bayfront LRT to connect this region to the subway system that is coming soon. The 514 Cherry is the major street-level transit route, and it recently started running. Its headquarters are on the Distillery Loop, just minutes from the neighbourhood’s hub. This path connects to King Street and can take you all the way to Shaw Street in the west. You can even drive to the nearest Hospitals, Shopping malls, TTC stations, Highways all within 15 minutes.
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