Artsy Boutique Condos
The Artsy Boutique Condos is a new residential condo development at 130 River St, Toronto, ON M5A 3P8 by The Daniels Corporation. This upcoming pre-construction condo project is located at the northwest corner of Dundas Street East and River Street in the Regent Park neighborhood of Toronto. The Artsy Boutique Condos will consist of 11 storeys with 110 condo units and will stand next to the 33-storey Artworks Tower. There are several suite options available in the development ranging from 1-bedroom units to 3-bedroom units along with individual studio units. Both the Artsy Boutique Condos tower and the Artswork tower share a four-storey podium, with Artsy Boutique Condos to the west and Artworks Condos to the east. Their brick facade blends in well with the heritage of the surrounding neighborhood. This development is luxurious, opulent, convenient and practical and looks promising as an investment opportunity.
The 42-metre high Artsy Boutique Condos tower will consist of 110 units with balconies beginning on the 5th floor. There will be a designated retail space on the ground-level which will face Dundas Street East. Upper levels of the podium will be used for residential amenity as well as office spaces. There will be a three-level underground garage that will be shared with Artworks Tower. This garage will have the capacity to accommodate 355 vehicles. The developers of this development – The Daniels Corporation is a renowned and one of the largest builders in the Greater Toronto Area for over 35 years. They have built a total of over 27,000 homes which have a complete sense of community. The location of the Artsy Boutique Condos comes with an excellent transit score of 92 along with a walk score of 77. This ensures the availability of amenities around within close walking distance. The area is also served well by public transportation, making it highly convenient for residents to commute to any part of the city and beyond. The area has also a perfect bike score of 100 which ensures the availability of infrastructure for using your bike to run errands. The neighborhood is within walking distance to several iconic places in Toronto such as the George Brown College Fashion Exchange, Regent Park Aquatic Centre, Regent Park South Ice Rink and the Sumac Creek Health Centre. There are several schools in the area which include Sprucecourt Public School, Lord Dufferin Junior and Senior Public School and the Nelson Mandela Park Public School. The neighborhood also has numerous parks nearby such as the 6-acre Regent Park, Sumach-Shuter Parkette and the Oak Street Park.
Location & Neighbourhood
Regent Park is a neighborhood in Toronto which is located within Downtown Toronto’s east-end. It is bordered by Gerrard Street East to the north, Shuter Street to the south, River Street to the east and Parliament Street to the west. Although this area used to be a low-income housing community at one point, it is now undergoing a development phase. An estimated $1 billion dollars have been invested in the revitalizing project which is expected to take roughly fifteen years to finish which will involve massive transition and adjustment. The new and evolved Regent Park will comprise a mixture of real estate infrastructure along with retail spaces and market condo units that are not only updated but also affordable. This new project is expected to add a grand total of 12,500 new residences from where it stood previously at 7,500. In addition to these plans, a total of 465 jobs for local residents have been created which is aimed at bringing about social and economic change. 92% of the total sales in Regent Park consists of condos while 5% comprises condo townhouses and 1% of semi-detached houses. The most common type of housing here are condos and most of the properties consist of one bedroom. The redevelopment phase will involve updating the currently present houses while bringing new ones as well. These new projects will help in increasing the density of the region. The neighborhood’s close proximity to downtown core also is expected to have a huge impact in terms of population and opportunities. Ingenious financing plans are also being offered to help the residents who have been living on rent to purchase condos from the new developments. This plan is also helping in changing the housing mix from being fully subsidized to around 60% at market rates. The initial phase of the entire redevelopment process has already transformed certain parts of Regent Park into a modern and trendy community with townhomes and mid-rise to high-rise condos that have been recently constructed. One of the many things to look forward to is the fact that the redevelopment will turn Regent Park into a metropolitan wonderland but with an entry level price. Regent Park has grown and possesses immense potential to become an investment hub for real estate savvy individuals. One of the main reasons to invest now is that properties are being offered at entry level prices in order to assist in the entire redevelopment process. Once the entire process is complete, the value of the properties will start seeing a rise in value. As per plan, the neighborhood will see new commercial developments too which in turn will generate hundreds of jobs. This will result in a huge influx of residents from all over the city as living and working in the same neighborhood is one of the main priorities of a working professional. Investing here will assure that you receive income every month through rent. There will also be no issue in finding a tenant as the neighborhood will be in huge demand considering the current rate of redevelopment. Thanks to the Toronto Transit Commission, Regent Park has abundant transit services. There are several streetcar and bus services that travel through the neighborhood which provides the residents with direct access to nearby subway stations. Subway is one of the most convenient and fastest modes of transportation in Toronto and can help you connect to other parts within no time. For residents who own vehicles and prefer driving, the neighborhood provides easy access to the Don Valley Parkway and Gardiner Expressway that can help connect to various parts of the city as well as to other parts of the GTA in no time.
The prime location of the Artsy Boutique Condos comes with an excellent transit score of 92 and thanks to the Toronto Transit Commission, Regent Park has abundant transit services. There are several streetcar and bus services that travel through the neighborhood which provide the residents with direct access to nearby subway stations. Subway is one of the most convenient and fastest modes of transportation in Toronto and can help you connect to other parts of the city within no time. For residents with private vehicles who prefer driving, the area has access to several arterial streets which help motorists to commute around the city effortlessly. The neighborhood also has convenient access to the Don Valley Parkway and Gardiner Expressway which allows motorists to travel to other parts of the Greater Toronto Area as far as up to Mississauga and Etobicoke without any hassle.
About The Developers
The Daniels Corporation is one of the biggest and most recognized builders in the Greater Toronto Area. They have been building for over 35 years and have completed over 27,000 projects. They are known for building developments with a complete sense of community. They introduced Gateway Communities which offers a home investment program, where a portion of a tenant’s monthly rent could be directed to saving a down payment toward the eventual purchase of a new Daniels home, thereby making it less complicated for first-time buyers to acquire home ownership. The Daniels Corporation was selected to partner with Toronto Community Housing to help in revitalizing Regent Park in the heart of Toronto’s Downtown East neighborhood. Today, Regent Park is a metropolis within the city which offers an exciting home base for downtown dwellers, professionals, singles, couples, empty nesters, urbanites as well as growing families. They bring about a sense of integrity, ingenuity and vision to every residential community that they formulate. Their dedication to excellence can be seen in every meticulous detail by seeing each of their projects from construction through to the final delivery of their brand. Some of the previous projects by the Daniels Corporation include NY Place, One Park West, Festival Tower and many more throughout the entire Greater Toronto Area.