3130 & 3150 Danforth Avenue Condos

About 3130 & 3150 Danforth Avenue Condos Development

3130 & 3150 Danforth Avenue Condos is a new condo pre-construction phase by Northam Realty Advisors Limited, located at 3150 Danforth Avenue, Toronto, ON . 3130 & 3150 Danforth Avenue Condos offer 483 modern homes with sustainable design, retail spaces, and easy access to transit, creating a vibrant urban living experience in Toronto. This project’s estimated completion date is still unknown.

Key Takeaways

• The 3130 & 3150 Danforth Avenue Condos development proposes a 36-storey residential tower with 483 units, aimed at addressing Toronto’s housing demands and urban renewal initiatives.
• The development’s prime location near the Victoria Park subway station enhances accessibility and is expected to foster sustainable transportation options within the community.
• Architecturally, the development features a blend of red brick and contemporary materials, with a focus on sustainability, community interaction, and the creation of vibrant residential and retail spaces.

Project Overview

The 3130 & 3150 Danforth Avenue Condos development is a bold proposal set to reshape the former beer store site into a towering residential marvel. Key details of the development include:

• Submitted by Northam Realty Advisors Limited and Crombie REIT
• A total of 483 homes planned
• Aims to meet Toronto’s growing housing demands
• Will add substantial residential capacity to the area

Standing at an impressive proposed height of 116.7 meters, the 36-storey tower aims to make a striking addition to Toronto’s skyline. This ambitious height is not just about reaching for the sky, but also about optimizing urban space and providing more homes within a compact footprint.

The tower’s design and scale reflect a thoughtful response to the city’s need for high-density housing solutions. The developers, Northam Realty Advisors Limited and Crombie REIT, bring a wealth of experience and a solid track record to this development.

Their vision is to redevelop the site into a vibrant community hub that will cater to the diverse needs of future residents. Replace the old beer store with a modern residential tower aligns with the city’s broader goals of urban renewal and sustainable development.

As the development moves forward, various stages of reviewed review and approval will ensure that it meets all necessary guidelines and standards. The meticulous process, from development application to final closing date, underscores a commitment to quality and community impact.

The proposal represents not just a physical transforming, but a significant step towards enhancing urban living in Toronto, setting a new grade for future developments and plans. This request for submission approval will further solidify the project’s alignment with Toronto’s planning and community needs.

Location and Accessibility

Situated on the vibrant stretch of Danforth Avenue, this new development is positioned to take full advantage of Toronto’s dynamic urban environment. The subject site at 3130 Danforth avenue and 3150 Danforth Avenue is ideally located to offer residents easy access to a wealth of amenities and services.

This prime location is one of the key factors that sets this development apart. Proximity to Victoria Park subway station, the primary transportation hub for the area, is a standout feature.

This ensures that residents will have seamless access to public transit, making commuting and travel within the city convenient and efficient. The new residential tower’s increased population density is expected to spur further improvements in local transit infrastructure.

The development is nestled within a community that is already seeing a shift towards more sustainable modes of transportation. Recent enhancements to cycling infrastructure have led to a noticeable increase in cycling activity along the Danforth corridor.

This trend is expected to continue as the new development promotes a lifestyle that relies less on cars and more on alternative transportation forms. Beyond excellent transport links, the area around 3130 danforth and 3150 Danforth Avenue offers a rich tapestry of cultural and recreational opportunities in the neighbourhoods.

From the diverse array of shops and restaurants to the nearby parks and community centers, residents will find everything they need within close reach. This blend of convenience and vibrancy makes the location a place to thrive.

Architectural Design

The architectural layout of the 3130 & 3150 Danforth Avenue Condos is a harmonious blend of tradition and modernity. At the heart of the layout is the extensive use of red brick, a material that pays homage to Toronto’s rich architectural heritage.

This material choice conveys warmth and tradition while ensuring the building integrates seamlessly with its surroundings. Red brick buildings have a timeless appeal, and when paired with contemporary materials, they create a striking visual contrast that enhances the overall aesthetic.

The texture and depth of red brick add character, making the building’s facade visually engaging from every angle. Architectural styles that feature red brick often emphasize symmetry and clean lines, contributing to a cohesive and pleasing layout.

In addition to its aesthetic qualities, the building’s layout also focuses on enhancing the pedestrian experience. Floor-to-ceiling windows on the ground level create a welcoming, transparent environment that fosters social interactions and community engagement. A mechanical penthouse adds an additional 26 feet to the tower’s height, bringing it to a total of 382 feet.

Sustainability is another key aspect of the architect layout. Green roofs and other eco-friendly features align with Toronto’s environmental planning goals, ensuring the building contributes positively to the urban ecosystem. This thoughtful integration of sustainable practices underscores the project’s commitment to high-quality living spaces and a greener future for the city.

Residential and Retail Space

The 3130 & 3150 Danforth Avenue Condos development is set to offer an impressive 335,640 square feet of residential space, accommodating a total of 483 units. This significant addition supports Toronto’s goal of increasing housing availability and providing diverse living options.

The mix of affordable housing and market-rate condominiums ensures that the development caters to a wide range of income levels and housing needs. On the ground floor, 678 square meters have been designated for retail space, creating a vibrant and accessible shopping environment for both residents and non-residents alike.

The ground floor retail space is developed to:

• Host grocery and convenience stores, providing essential services
• Enhance urban living convenience
• Foster community and encourage social interactions among residents by integrating retail space within the residential development.

The building also includes practical amenities such as underground parking, ensuring that residents rely on secure and convenient parking options. This is particularly important in a high-density urban area where parking can often be a challenge.

Providing ample parking spaces supports car owners’ needs while promoting alternative transportation options. Overall, the building aims to create a vibrant urban environment that enhances residents’ quality of life.

The combination of residential and retail spaces, along with community benefits like affordable housing and enhanced public spaces, makes this development a model for future urban building.

Developer Background

Northam Realty Advisors Limited, established in 1971, is a key player in the real estate private equity investment sector in Canada. The firm specializes in managing office, industrial, and retail properties across major Canadian metropolitan areas, primarily serving European institutional investors.

This extensive experience and expertise ensure that the 3130 & 3150 Danforth Avenue Condos development is in capable hands. In 2008, Northam expanded its reach by launching a management company in Luxembourg, further strengthening its ability to cater to European investors interested in Canadian commercial real estate.

This strategic move highlights the firm’s commitment to providing top-tier property services on an international scale. Northam’s dedication to excellence is evident in every development they undertake, including this latest development on Danforth Avenue, forming a strong alliance with local stakeholders and Hazelview investments.

Partnering with Crombie REIT, Northam brings a wealth of experience and a shared vision to the project. Crombie REIT is known for its significant investments in real estate and its commitment to enhancing the communities in which it operates.

Together, these developers are set to deliver a landmark project that will transform the area and provide lasting benefits to occupants.

Summary

The transformation of the former beer store site at 3130 and 3150 Danforth Avenue into a 36-storey residential tower marks a significant milestone in Toronto’s urban development. With 483 residential units, ample retail space, and a layout that pays homage to the city’s architectural heritage, this project is set to become a cornerstone of modern urban living.

The prime location on Danforth Avenue, coupled with excellent accessibility to public transit and local amenities, makes this development an attractive option for future occupants. The architectural design, featuring red brick and sustainable elements, ensures that the building will be both visually appealing and environmentally friendly.

The developers, Northam Realty Advisors Limited and Crombie REIT, bring a wealth of experience and a commitment to quality that is evident in every aspect of the project. As this development moves forward, it promises to not only meet the housing needs of Toronto but also to enhance the community and contribute to the city’s vibrant urban landscape.

Frequently Asked Questions

How many residential units are planned for the 3130 & 3150 Danforth Avenue Condos?

The 3130 & 3150 Danforth Avenue Condos plan to include a total of 483 residential units.

What is the proposed height of the new residential tower?

The proposed height of the new residential tower is 116.7 meters, which includes an additional 26 feet from a mechanical penthouse.

Who are the developers behind this project?

The developers behind this project are Northam Realty Advisors Limited and Crombie REIT.

What amenities will be available to residents?

Occupants will have access to 335,640 square feet of residential space, ground floor retail amenities spanning 678 square meters, and underground parking facilities.

How does the project support sustainable living?

The project supports sustainable living by incorporating features like green roofs that promote environmental sustainability and align with local planning goals. This layout actively contributes to ecological balance and energy efficiency.

You can check out more pre-construction condos in Toronto.