Alba condo . What are the hot developments in the Toronto uncompleted property market in 2020?
Alba condo . What are the hot developments in the Toronto uncompleted property market in 2020? The 88 Queen apartment occupies the entire block, from Queen Street in the south to Shuter Street in the north, Mutual Street in the east and Dalhousie Street in the west.Please Visit: Alba condo to Get Your VVIP Registration Today!
The overall complex includes three residential apartments, a hotel and street retail stores, restaurants, cafes and supermarkets.
The Podium part of the pedestal of the building contains an 801sq m retail area and 9559 sq m of office space above the pedestal. There are 534 residential units above the pedestal, including 266 for one bedroom, 211for two bedrooms and 534 for three bedrooms. The building has 51 floors and is 163 meters high.
The location of the building is excellent. Yonge Street and the financial center of Toronto are just to the west, and it is also adjacent to Ryerson University and George Brown College. Ryerson University has 38000 students and 1700 faculty, a huge number of students only a 3-minute walk from 88 Queen apartment, only 250m away. George Brown College has 28000 students and 1339 faculty, only an 8-minute walk from 88 Queen apartment, 850m apart.
It is worth mentioning that downtown Toronto is the core of jobs in Ontario, with about 1/3 of the province’s jobs concentrated in the city center, of which more than 7000 are located near the Eaton center, with about 100000 jobs a day in the core financial district and 3300 professional jobs in St. Michael’s Hospital.
88 Queen is also located with convenient living facilities. Eaton Centre, Hudson Bay Department Store, the largest shopping mall in the city center, has more than 1000 retail stores, 100 restaurants around it, and more than 200000 people flow every day.
Its cultural flavor is also rich and historical, Ed Mirvish Theatre, Massey Hall Opera House, Metropolitan United Church,St. James Cathedral is nearby.
The developer of 88 Queen is St. Thomas Development Inc., an international real estate development company, which is famous in Canada. It has 20 years of project development experience, including residential projects, hotels and commercial properties in international projects. One of the landmark commercial properties in Hong Kong Central was recently sold for HK $4.8 billion (equivalent to C $800 million). The developer has strong financial backing.