Karma Condos

1 - About Karma Condos

• Address: 15 Grenville St & 21 Grenville St, Toronto
• Neighbourhood: Bay Street Corridor
• Storeys: 50
• Units: 495
• Built Year: 2016
• Builder: Lifetime Developments & CentreCourt Developments
• Building Type: High-Rise condo
• Suite Sizes: 277 sqft - 819 sqft
• Average Price: $1,085 / sq. ft.

2 - Overview of Karma Condos

Completed in 2016, Karma Condos is a 50-storey glass tower designed by ArchitectsAlliance. The structure features a geometric glass grid on the east and west facades, with balconies on the north and south elevations.

The base integrates a preserved historic structure supported by columns. This area contains a glass-encased lobby and street-level retail space.

The design utilizes extensive glazing throughout the podium and main tower. By blending preserved historical elements with a minimalist glass exterior, the building contributes to the architectural density of the downtown core.

3 - Suite Sizes & Value

Karma Condos offers suites ranging from 277-square-foot studios to 819-square-foot units. Interior specifications include engineered hardwood flooring, floor-to-ceiling windows, and European kitchen cabinetry by Cecconi Simone.

The building maintains an average price of $1,085 / sq. ft., reflecting its prime location within the Bay Street Corridor and quality interior finishes.

The variety of suite sizes accommodates different residential needs, from compact studios designed for urban professionals to larger multi-bedroom layouts for those requiring additional space.

4 - Building Amenities & Features

• The Karma Club: Located on the 2nd and 3rd floors, this facility includes a gym, yoga studio, weight training areas, and a steam room for residents' wellness needs.
• Entertainment Facilities: Residents have access to a theatre and a sound and gaming room for leisure activities.
• Social Spaces: A party room is equipped with billiards, ping pong, and poker facilities for entertaining guests.
• Landscaped Rooftop Terrace: Designed by Strybos Barron King, the outdoor space features a lounge with cabanas, a bar area, and barbecue facilities.
• Resident Services: The building provides 24-hour concierge service and two guest suites for visiting family and friends.

5 - Location Highlights

• Transit Accessibility: With a Walk Score of 99, the building is a 3-minute walk from the 306 and 506 Carlton streetcar lines and near the Yonge and College Street intersection.
• Medical District Proximity: The site is within a 5-minute walk of Women's College, Toronto General, Mount Sinai, Princess Margaret, and SickKids hospitals.
• Groceries and Essentials: Residents have convenient access to a 24-hour Metro, Loblaws, and Sobeys for daily necessities.
• Green Spaces: Nearby parks include College Park, Alexander Street Parkette, and Joseph Sheard Parkette for outdoor recreation.

6 - Lifestyle Near Karma Condos

The lifestyle around Karma Condos reflects the professional energy of the Bay Street Corridor. Positioned between the University of Toronto and Ryerson University, the area attracts corporate workers, medical professionals, and graduate students.

The building is a popular choice for investors due to the high-demand rental market and dense population of tenants. Residents benefit from proximity to major employment centres, excellent transit connections, and access to Toronto's finest dining establishments in the city centre.

7 - About the Developer

Lifetime Developments has over 30 years of experience in the Greater Toronto Area. Their portfolio includes notable projects such as the Four Seasons Hotel and Residences, X Condos, and Lumiere Condos.

The project was co-developed with CentreCourt Developments, a firm that specializes in high-rise residential projects in Toronto's downtown core.