388 Queen St East Condos
|Address||388-392 Queen St E, Toronto ON|
Welcome to the world of 388 Queen Street East Condos, a remarkable property nestled in the heart of Toronto’s rapidly developing and vibrant community of Regent Park. This blog post will provide you with an insider’s perspective on this sought-after condo building, its amenities, and its surroundings. Let’s embark on a journey to uncover the hidden gems of 388 Queen St E and explore why it stands out among other condos in Toronto.
- 388 Queen Street East condos offers a variety of amenities, from BBQ permits to underground parking.
- The units offer renovated spaces and modern appliances with sizes ranging from 1025-2000 sqft.
- Residents enjoy the vibrant neighbourhood, easy transit options and increasing property value making it an attractive investment opportunity.
Discovering 388 Queen Street East Condos: Property Overview
Situated at the intersection of Queen St E and Parliament St, 388 Queen Street East condos is an amazing opportunity for those looking to live in a lively and dynamic part of Toronto, Regent Park. This property features a street-level corner unit with 2 sides of signage exposure, as well as a lower office space, making it a great opportunity for businesses as well.
The suites at 388 Queen Condos range from 1381 to 1382 sqft, catering to various preferences and lifestyles. The monthly condo fees cover common elements, building insurance, and water, ensuring the property is well-maintained and protected.
At 388 Queen Street East Condos, residents can enjoy a wide array of amenities that cater to their needs and desires. For those who love to barbecue, a BBQ permit is provided, allowing you to enjoy delicious grilled meals in the comfort of your own home. The building also offers electric light fixtures in each condo, adding a touch of elegance and style to your living space.
Fitness enthusiasts will be thrilled with the gym, yoga studio, and sauna available at 388 Queen Street East, making it easy to stay active and healthy in your daily routine. Parking is also taken care of, with underground parking and bike storage options available for residents.
And for those who love to socialize and entertain, the 24-hour concierge, party room, and rooftop terrace provide the perfect setting for gatherings and events.
Neighbourhood Insights: Regent Park & Surroundings
Living at 388 Queen Street East means immersing yourself in the dynamic and diverse neighbourhood of Regent Park. The area boasts a range of businesses, shops, eateries, and cultural spots that cater to various tastes and interests. Some highlights include:
- Gusto 501: a popular restaurant known for its Italian cuisine
- Rooster Coffee House: a cozy cafe with a selection of specialty coffees
- FAMO Sandwiches: a sandwich shop offering delicious and unique creations
- Tandem Coffee: a local favourite for its artisanal coffee
- Morning Glory Cafe: a charming cafe serving breakfast and brunch options
- Reyna on King: a Mediterranean restaurant with a vibrant atmosphere
Whether you’re looking for a place to dine, grab a coffee, or explore the local culture, Regent Park has something for everyone.
Nature lovers will appreciate the nearby parks, including Orphan’s Greenspace – Dog Park, Little Trinity Church Lands, and Moss Park, perfect for leisurely strolls and outdoor activities. For those who crave culture and history, the Parliament Interpretive Centre and Toronto’s First Post Office & Museum are just a stone’s throw away from 388 Queen Street East Condos.
Education is also well catered for in the neighbourhood, with institutions like Lord Dufferin Junior and Senior Public School and St. Michael’s Choir Catholic School situated close by. And for those who enjoy the arts, Nightwood Theatre is within walking distance, perfect for an evening of entertainment.
Unit Highlights and Features
The units at 388 Queen Street East Condos offer a blend of style, functionality, and comfort. Each unit features:
- A full floor and basement with a separate entrance, making it a practical and convenient living space
- Fully renovated and leased out to tenants
- Modern amenities like a stove washer for a seamless living experience.
The street-level corner units boast 2 sides of signage, providing an excellent opportunity for businesses to establish a presence in this rapidly developing community. Additionally, the lower office spaces come with full amenities, ensuring a comfortable and productive work environment. With sizes ranging from 1025 square feet to 2000 square feet, these units cater to a variety of preferences and needs.
Property Values and Trends
Over the past twelve months, the property value for 388 Queen Street East Condos has increased, reflecting the growing interest in this remarkable property. With the highest price per square foot out of 21 condos, 388 Queen Street East stands out as a prime investment opportunity in Toronto’s real estate market, especially considering its price history.
The average turnover rate for units in the building is 17.5 years, showcasing the long-term appeal and satisfaction of residents who choose to call 388 Queen St their home. As property values continue to rise and the neighbourhood further develops, the potential for appreciation and return on investment in this building is promising. To make an informed decision, it’s essential to consider trends and compare stats in the area.
Demographics and Lifestyle
The area surrounding 388 Queen St E offers a diverse and vibrant lifestyle for its residents. Here are some key features of the neighbourhood:
- Average household size of 2.2 people
- Wide range of incomes and family sizes
- Predominant housing types include condominiums and apartments
- Ideal location for those seeking modern, urban living
The lively atmosphere and varied neighbourhood of this energetic community provide a captivating backdrop for residents of 388 Queen Street East to experience the best of Toronto.
Accessibility and Transit Options
Residents of 388 Queen Street East Condos have a variety of transit options at their disposal, ensuring easy access to the city and beyond. A TTC Light RailStop (QUEEN ST EAST AT PARLIAMENT ST) is located right nearby, with additional (Light Rail) routes 301 Queen and 501 Queen in the vicinity. The nearest subway stop, Queen Station – Northbound Plaza, is just a 13-minute walk away, connecting you to the TTC and the rest of Toronto.
For those who drive, the Don Valley Parkway is only a 2-minute drive away, with on and off ramps on Queen St E. Accessibility is also taken into consideration, with accessible entrances featuring automatic doors at ground level and curb cuts on sidewalks, making it convenient for all residents.
In conclusion, 388 Queen Street East offers a unique and unparalleled living experience in the heart of Toronto’s Regent Park. The property boasts a range of modern amenities, spacious units, and a vibrant neighbourhood that caters to diverse lifestyles and preferences.
With excellent transit options, nearby attractions, and a promising property value trend, 388 Queen StreetEast stands out as an exceptional investment opportunity in the Toronto real estate market. If you’re seeking a dynamic, urban lifestyle with a touch of elegance and sophistication, look no further than 388 Queen Street East.
Frequently Asked Questions
What amenities does 388 Queen Street East offer?
388 Queen Street East boasts a full suite of amenities including a gym, yoga studio, sauna, underground parking, bike storage, 24-hour concierge, party room, rooftop terrace, and BBQ permit.
These amenities make this building a great place to live and enjoy the city. Residents can take advantage of the gym and yoga studio to stay fit, relax in the sauna, and store their bikes in the bike storage. The 24-hour concierge provides added security and convenience. The party room.
What types of housing are predominant in the area?
The predominant housing types in the area surrounding 388 Queen Street East are condominiums and apartments.
Are there any parks nearby?
Yes, there are several parks nearby, including Orphan’s Greenspace – Dog Park, Little Trinity Church Lands, and Moss Park.
What is the average turnover rate for units in 388 Queen Street East?
On average, units have a turnover rate of 17.5 years.
What transit options are available for residents?
Residents can easily access the nearby TTC Light Rail Stop, subway station and Don Valley Parkway for convenient transit options.
These transit options make it easy for residents to get around the city quickly and efficiently.
See other similar listings by checking our Toronto condos for sale section.