About the project
101 Spadina Condos: The Perfect Investment Opportunity in Toronto’s Entertainment District
If you’re looking for a new investment opportunity, you won’t want to miss out on the 101 Spadina Condos project. This mixed-use high-rise condominium development in Toronto’s Entertainment District is a must-have property for anyone looking to invest in a rapidly growing area that is primed for significant population growth in the coming years.
Located at 101 Spadina Ave, just south of Adelaide Street West, this 46-storey pre-construction project is being developed by Great Gulf Home. The project’s central location in the Urban Growth Centre of Toronto makes it an ideal investment opportunity for those looking for a profitable income property in a sought-after neighbourhood.
Reasons to Buy 101 Spadina Condos:
1. Great Investment Potential : The Entertainment District is known for its high rental rates, and with the population expected to grow significantly in the coming years, investing in this area is a smart decision. The 101 Spadina Condos project offers a great opportunity for investors looking to capitalize on the neighbourhood’s growth potential.
2. Spacious Units : Unlike many other condominium developments in the area, the units in the 101 Spadina Condos project are more spacious, with 10 to 15 percent allocated for three-bedroom units. This makes the property an excellent choice for families looking to live in the heart of the city.
3. Impressive Amenities : The building’s rooftop will offer 4,400 square feet of indoor amenities, including a party room and fitness centre. Additionally, 11,500 square feet of outdoor amenities are proposed for this floor, likely in the form of an expansive rooftop terrace. The 21st floor will offer additional outdoor space with spectacular views of the city.
4. Mixed-Use Development : The 101 Spadina Condos project is a mixed-use development, with six or seven floors of office space that will total almost 150,000 square feet of workspace. This creates a unique opportunity for businesses looking to establish themselves in a prime location.
5. Ideal Location : 101 Spadina Condos is steps from two 24-hour streetcar lines, as well as St Andrews Station, just a few blocks away. This makes it easy for residents to access public transportation and commute to other parts of the city. The neighbourhood is also home to some of the city’s hottest clubs and restaurants, making it an exciting and vibrant place to live.
6. Unique Retail Galleria : The eastern portion of the site will feature a public, climate-controlled retail galleria that will house shops and services, along with a lobby for six floors of offices in the building’s podium. This unique feature of the building has the potential to host arts and cultural exhibitions or public programming.
Overall, the 101 Spadina Condos project is a great investment opportunity for anyone looking to invest in a rapidly growing neighbourhood in the heart of Toronto. With its ideal location, spacious units, impressive amenities, and mixed-use development, this project is sure to be a profitable investment for years to come.
Deposit Structure: 15% Deposit
- Country: Canada
- City / Town: Pre Construction Homes Toronto
- Neighborhood: Entertainment District
- Postal code / ZIP: M5V 2K2
About the Builder
481 Yonge Developments Inc has proven to be successful in multiple real estate branches ranging from investments and developments to transformation and property management. Our goal is to keep developing our skills and knowledge in acquiring, developing and maintaining real estate. Together with our strategic partners, we will keep identifying opportunities and pushing boundaries. By doing so we w ...