Prime Condos at Downtown

Prime Condos is a New Condo development by CentreCourt located at Jarvis and Gerrard E, Toronto.

CenterCourt Developments have joined in on the transformation of the Garden District with Prime Condos at Jarvis and Gerrard St. E in Downtown Toronto. This 50-storey tower will dazzle amongst the city skyline as architectural firm Page + Steel/IBI Group creates a diamond-patterned masterpiece that will house 506 suites.

Prime Condos will offer a buzzing podium that will include retail space, 24-hour concierge service, a wrap-around outdoor terrace, and indoor/outdoor amenities. Be a part of downtown’s ‘places to grow’ where redevelopment will bring more transit, more shops and more places to play, although this neighbourhood isn’t lacking any of those perks!

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Project SUMMARY

  • PROJECT NAME: Prime Condos
  • DEVELOPER: CentreCourt Developments
  • ARCHITECTS: IBI Group
  • PRICES: From the High $300,000’s
  • UNITS: 457 units
  • STOREYS: 45 storeys
  • SUITE SIZES: Studio, 1 Bed, 2 Bed & 3 Bedroom
  • COMPLETION DATE: 2022

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Investment

Ryerson University is just opposite of the upcoming Prime Condos. This University is in high-demand and has unrivalled growth in student admissions over Ontario’s leading schools. 7,000 undergraduate students have been admitted to Ryerson University over the past five years. As a post-secondary school with the highest admission rate during that time frame, Ryerson has the least housing for students compared to the University of Toronto and York University.

Student housing is under-serviced in the Ryerson University area as the housing market has not kept pace with the growth in student population. If 7,000 students continue to enrol in Ryerson University over the next 5 years, the area will need 12 buildings the size of Prime Condos to house them all!

Investing at Prime Condos means the chance of receiving a positive return is promising. Purchasing a unit in a community that is constantly growing adds a sense of security to both investors and home-buyers, not to mention- Prime Condos is set to occupy an area just steps from BMO’s proposed state-of-the-art ‘urban campus’. This employment hub is set to employ 3,500+ people.

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