Downtown Condo - CondoTrend

Downtown Condo

A high-rise condo at Toronto

Situated in the heart of King West Village, Downtown Condo a development by Parallax Investment Corporation located at 508 Wellington Street West, Toronto provides buyers with the option to combine multiple units at the time of purchase, or even later on. This is made possible thanks to Sweeny and Co.’s column system design, along with raised floors that sit above the plumbing. With no concrete load-bearing walls in sight, the walls that do exist can be removed, moved, or eliminated altogether.

Also, the building was zoned for both commercial and residential functions. This way, residents can purchase personal residences and offices in the same building, with the possibility of combining them into one larger home in the future. If you know that your need for space will change over time, that you would enjoy a smaller building with a more intimate atmosphere, this condo is worthy of your attention.

Highlights

Neighborhood

508 Wellington St West Downtown Condos is located at the corner of Portland & Wellington St West just south of King Street. Residents benefit from the building’s location on a tree-lined street. This way, residents can enjoy the serenity of a peaceful locale, or they can take a short walk and enjoy the vibrant King West neighbourhood — and as if that’s not enough, the trendy Queen West neighbourhood is just next door.

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Shopping and Dining

Residents need not to worry about grocery shopping since there are lots of grocery and restaurants nearby. A colossal Loblaws sits at the corner of Queen and Portland, removing any sense of a journey from the process of grocery shopping. Other things within reach include an LCBO at King and Spadina, Lee Valley Tools on King, and HomeSense on Spadina Avenue. Entertainment wise, King and Queen are ideal spots for shopping and gallery hopping. For those who really want to live it up, a number of high-end spas can be found in the immediate area as well.

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Foodies won’t be disappointed by the presence of excellent local restaurants Lee and Le Select Bistro. Forno Cultura is a great bakery near 508 Wellington St W. A fresh cup of java or tea is never hard to find with Second Cup Coffee Co. featuring Pinkberry Frozen Yogurt, McDonald’s, and Quantum Coffee in the hood. There is cuisine from all over the world available at Craziverse and The Kitchen Table.

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Education

Schools in Downtown Toronto include The Waterfront School, Ogden Junior Public School and Ryerson Community School Junior Senior. There are many students in this neighbourhood as CanPacific College of Business & English is located within it.

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Outdoor

Residents have access to an intimately sized park. Just across the street, Victoria Memorial Park is never too crowded, but still offers locals the chance to spend some time in the great outdoors. This park even has its own set of plaques from Heritage Toronto, describing its long-winded history.

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There are also number of museums and art galleries in Toronto including Inuit Art of Canada, Mindzai and Moos Gallery Ltd.

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Transportation

Definitely a walker’s Paradise, residents are well situated for travel within and outside of Toronto. Travelers can reach Union Station in about 15 minutes, from which they can catch VIA Rail trains, GO buses or trains, and the UP service to Pearson International Airport.

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The King Streetcar also lands passengers at St. Andrew Station, where one can transfer onto subway trains heading north or south on the Yonge-University-Spadina line. North-south routes include Spadina and Bathurst, which are both teeming with streetcars.

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Drivers can access the Gardiner Expressway in just minutes, via Spadina Avenue. From here, they can drive east toward the Don Valley Parkway, or west to the 427. For zipping around the immediate area, Adelaide and Richmond are both fast-paced one-way streets that will come in handy.

Amenities

Downtown is the name of this 11-storey condominium building located at 508 Wellington Street West. The concept for this “condominium” is not to sell the buyer on the static design of a selected unit as is available in the traditional condo market, but rather to give buyers the option of buying flexible units of space.

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The development features flexible architecture on a compact site. Parking is provided via parking stackers accessed from a rear lane on the ground floor. The suites facing Wellington Street enjoy direct outdoor access. A deep band of landscaping in front brings tranquility to the entry sequence while reinforcing the Wellington Street West tree-lined promenade. On the exterior, a brick base creates a modern interpretation of the material history of the neighbourhood, while the glass above provides a visually light backdrop.

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This strong base relates to the neighbours such as Bar Wellington, a local pub and eatery and heritage destination at the corner of Portland and Wellington. A nice way to spend the evening with friends or on one’s own, either before or after exploring the King West neighbourhood.

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Developers

Parallax

Parallax has evolved into a premier developer of diverse assets throughout Canada and the United States. They are well known for our streetfront retail, high-rise and mid-rise residential condominiums, office buildings, mixed-use facilities and public-private partnerships. With their great attention to detail and the ability to look at a project from multiple angles, Parallax is able to create and conceptualize projects that maximize value. In addition, they are committed to delivering developments that reflect their contemporary, forward-thinking corporate philosophy.

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Downtown Condo

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