Here is your opportunity to invest and settle in one of the trendiest neighborhoods in Toronto. We introduce you to an exquisite condo project coming from Alterra. The project is currently in its preconstruction stage and it will be soon on Toronto’s horizon. The Corktown Condos are slated for occupancy in the earlier part of 2021. This midrise project will house both triple bedroom townhouses as well as condominium suites.
The Corktown Condos project couples the modern living spaces along with growing and vibrant part of this city. This project will also feature a lush green rooftop terrace along with the quiet courtyard for the pedestrians.
There have been some changes made to the original plan for this condominium project for mixed-use purpose. The project is located at 18 Eastern Ave of the Corktown neighborhood of Toronto. This place is just a few blocks away from the Distillery District. Alterra presented the first proposal of the plan in September 2016 and revised it the following month. The renderings of the proposed black and white building look extremely elegant. The 12-story project will house condos, townhouses and retail space. The retail space and the townhouses will be present at the street level. The renderings came from Teeple Architects and the original version had 13 stories in it. The F-shaped building had white and brown cladding with a mechanical penthouse right at the top. The current design is slightly smaller than the original and replaces black with brown. After the resubmission of the proposal, the planned building will feature 331 suites. The current no. of suites are 50 less than the previous plan. There will be 157 single bedroom suites, 145 double bedroom suites, and 29 triple bedroom suites. Furthermore, there will be 13 double story townhouses facing Gilead Place along with a lane on the western end of the building. 4 townhouses will face the Sackville St as well as the garage entrance and residential lobby. Along the Sackville St, the plan features a stepped design from the 5th to the 12th floor. There will be private terraces on each of the levels and they will transition the building down to a low-rise towards the northern end. The ground level retail space is sub-divisible and it will face the Eastern Ave with an area of 1423 square meters.
The Corktown Condos will feature an indoor amenity space of 621 square meters and an outdoor amenity space of 622 square meters. In addition to that, the residents will also have access to a central outdoor courtyard on the second level. There are a couple of levels designated for the parking space with 115 slots available for the residents and the visitors. This space is 27 slots short than the original design. 91 of these slots will be for the residents and 20 will be for the visitors. The remaining 4 will be for retail parking. For bicycle parking, there are 338 slots available which are only six short of the original design. 301 of these slots are for residents while the remaining will be for the retail and the visitors. The landscape designer for this project is Alexander Budrevics & Associates and among all other things, they have also introduced new tree lines at the street level. The playful geometrical design of the building will contribute significantly to adding some texture to the streetscape. The framing elements of the building will feature terra-cotta coloring in different heights and they will encase the lower section of the building. The top section of the building will feature a contrast of sleek but dark façade tops. More privacy and greenery will be added to the frontage towards Sackville St and it will also add to the beauty of the project. Tune into the Photo Gallery to see all pictures of the building & outstanding amenities.
The location of this project is one of the best amenities that this project has to offer. In the past decade, this neighborhood has gone through plenty of revitalization and there is even more on the way. This locality spans from the Eastern Ave and King St East all the way down to the Gardiner Expy. On its eastern end, there is Don River and on the western end there is the Parliament St. This region also includes the 18-acre Park along with the Corktown Commons. The Corktown Commons is known for its biking and walking trails along with the sprawling lawns, a marsh an outdoor fireplace and many picnic tables. On the King St east, you can reach the Design District in no time. In addition to that, there are many heritage buildings, new condo communities and factories in this locality as well. Recreational and community facilities like the YMCA and the St. Lawrence Market are just around the corner.
The walk score of this neighborhood is 96 while its bike score is 98. These high scores allow you to access all the errands close to the project itself. The Corktown neighborhood has a transit score of a perfect 100. It is served by the King TTC Streetcar as well as the Cherry Streetcar services. Both these services were introduced for the development of this region and allow the residents to travel all the way to the Distillery District. Moreover, the region is also exploring options for a subway service along with an LRT service. The station for these services is planned to be located at the King St East which will be only a couple of minutes walk from the Corktown Condos. This location will also provide easy access to the residents to the Lakeshore Blvd and Don Valley Parkway through vehicles. For all updates, Don't forget to Register with us.
The Corktown Condos is a project of Alterra, a real estate name that doesn’t need any introduction. Alterra has more than five thousand homes and condos within its extensive portfolio. These projects span across the Greater Toronto Area and well beyond. Alterra believes in developing intelligently designed projects and communities that reflect the neighborhood’s history, personality, and architectural character. For the last four decades, Alterra has helped in shaping the aesthetics of the entire GTA. Alterra has an outside-in approach towards their work and this technique has been integral to all the projects they have worked on. This philosophy allows the company to develop projects that go parallel with the surrounding neighborhoods and also integrate modern aesthetics. Most of the projects from Alterra have based on residential works. However, they have also participated in some commercial projects as well including Winners, Sears and Shoppers Drug Mart. Some of their past projects include Post House Condos, 36 Hazelton, Network Lofts, and Chateau Parc. There are various ongoing projects in which Alterra is participating as well. These include Wonder Condos, Rush Condos, 321 Davenport Condo, and 159SW Condos.