Oliver Baumeister von Bretten, Broker | Sotheby’s International Realty Canada, Brokerage

A Rare Chance At A Real Downtown New Build

  • by Oliver von Bretten
  • 2 years ago
  • Condo
  • 0
Exterior rendering of 252 Church Condos in Toronto

Exterior rendering of 252 Church Condos in Toronto

 

Downtown is full of energy, excitement, and opportunities. The one thing difficult to find is space to expand.

There are just so many places with “untapped potential” in the downtown core. Only so many opportunities to acquire, develop new assets and invest in the early stages. With Toronto being the fastest-growing urban area within North America, estimated to almost double the population by 2041, it really is a race to increase the population within the core.

One of the most underdeveloped areas, The Church Street Corridor, has taken a long leap over the last few years. The other similar area is the intersection of Dundas and Church. It is undergoing a major transformation.

Dundas and Church is the 100% downtown location where CentreCourt, a leading developer in Toronto’s core, has developed Two Fifty Two Church. In 2022, this will be the first launch, completing the neighbourhood.

The city’s lifestyle is unbeatable for residents. Centres of technology, commerce, art, culture, entertainment, education institutions and health, hospitality and retail are all within walking distance. You take only two minutes to Ryerson University, four minutes to the famous Yonge-Dundas Square and Dundas Station, four minutes to the Eaton Centre. In fact, the notion here, “at your doorstep,” is not an exaggeration.

The stunning place has a lot to give to the investors. Thus, the ROI is simply unquestionable. Toronto ranks as the second-largest financial hub in the world. Further, it stands at the fourth position among the top global futuristic fintech cities. In addition, the city expects to create 316,000 jobs in its core in just two years. Toronto was ranked as the top city for job growth in technology within North America in the past year. Students keep the demand high for rental space by flocking to four campuses in the area at a distance of just 10 minutes on foot or bicycle.

 

The Builder, The Building

In just 19 months, CentreCourt has launched 5 projects across the GTA together, totalling over 2600 suites. This makes it an active and most rapidly growing builder in the region.

Establishing its essence in the city for over a decade and currently overseeing eight construction sites, CentreCourt has a stellar record of having zero cancelled projects and no days of a temporary occupancy. Straight to closing, no ongoing construction and amenities ready-to-use ‒ it’s an impressive feat given the many construction projects happening across the region.

CentreCourt understands the city’s downtown. The selection of a site is based on the highest standards of accessibility to employment and transit. Further, it also caters to the facilities for convenience and culture to enhance the work-life-play experience. That is why urban centres are always highly sought-after.

The interiors of the building look as exciting as the exteriors. 252 Church amenities comprise 18,000 square feet. Amenities include lounges with barbecues and terraces, entertainment and screening rooms with kitchens and dining areas, co-working and gaming areas, a gym and a dog run.

Residents can enjoy efficient and well-designed suites that range from 300 to 780 square feet, each specially designed to fit the downtown area.

At street level, the impact is stunning. A historic structure, preserved on the corner, pays homage to the past of the neighbourhood. The 52-storey structure above skyrockets with a dramatic black-and-white design. Indeed, it dons a statement of the beautiful skyline made by IBI Group, the global architectural firm with its established presence in Toronto. Elegant, striking and memorable, Two Fifty Two Church is a stunning and energetic addition to Church & Dundas.

 

Unforgettable and Unparalleled

Get a brochure on any major construction project within the GTA, and you’ll find timestamps to the transit stations, highways and the city’s central area. Certainly, “minutes to downtown” is an important marketing tool. However, Two Fifty Two Church is already in place.

With growing technological, financial, and health industries, the job possibilities are limitless. With the introduction of the planned Ontario Line, connectivity throughout the region will increase even further. Theatres, concerts or sports clubs, the address has the best of all to make a lifetime of enjoyment with an unbeatable investment ROI.

 

Discover full project details and register for VIP access to floor plans and pricing on our 252 Church property page.

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