Starting From: CAD 1,000,000

Encore Theatre District

28 Widmer Street, Toronto, ON

High Rise Condo in Toronto

(2 votes, average: 5.00 out of 5)

The Encore District Condos are situated in the Entertainment District, an area that has emerged as a prominent residential area in Toronto. Given the proximity of prestigious restaurants and pubs, professional sports venues, and much more, you should not pass up the chance to make this your next investment.

There will not be many more opportunities for you to acquire property in this location. Given that the majority of the downtown central core has been developed, this is one of the last opportunities to acquire a property in the midst of everything. Plaza is concurrently undertaking the construction of this condominium development and their companion structure, Theatre District Condos. The ground floor of this mixed-use development will be designated for hotel operations.

Features

Starting From: CAD $1,000,000

Developer:

Plaza

Incentives

Promotions

1 free assignment *

Window coverings throughout

Smooth ceilings

*Incentive current as of November 21, 2023

Pricing & Fees

Available unit price: From $1,120,000 to $1,892,000

C.C/maint: $0.65 Per Sq. Ft. per Month

Cost to purchase parking: Included in the purchase price (1 Parking Included Maintenance Fee - $79/month for parking)

Cost to purchase storage: $10,000.00 (Limited availability, first come first serve Maintenance Fee - $39/month for locker)

Average price per Sq. Ft.: $1626 per Sq. Ft.

Deposit Structure

5% on signing

** Mortgage pre-approval required

5% in 180 days

5% on occupancy

Amenities

The first 23 storeys of this building, designed by Quadrangle Architects, will be devoted to a new hotel

Hotel facilities will be available on the second and third levels, including an outdoor pool on the third floor that will be accessible to residents. The mechanical needs of the hotel will be housed on the building's 23rd level

The remaining floors will be reserved for long-term residential usage. Each of these levels will have the same layout, with 9 flats each floor

There will be 25 one-bedroom apartments, 5 one-bedroom + den units, 125 two-bedroom units, and 25 three-bedroom units in total

This condo development is following the local trend of constructing more apartments with two bedrooms or more, making it an extremely worthwhile investment

With its closeness to the Financial District and the Toronto Subway System, these condos might be ideal for young professionals who are wanting to start families or just live with roommate

Get the first access to the floor plans and price list.

Highlights

Located in Toronto

4 minutes walk from St Andrew station

8 minutes walk from Uniton Station

16 minutes drive to Billy Bishop Toronto City Airport

6 minutes drive to CN Tower

Easy access to Don Valley Parkway

Floor Plans

Neighbourhood

By virtue of its prime location in the Entertainment District, the forthcoming inhabitants of this tower will be within walking distance of all that they could ever require. The project’s impeccable walk score and transit score of 100/100 serve as clear evidence of this. This means that running duties on a daily basis do not require the use of a motor vehicle.

Transportation

From here, it is also simple to navigate. Additionally, motorists are fortunate in that the Gardiner Expressway is a short distance away. St. Andrew Station and Union Station are situated within a short distance on foot from the condominiums, along the eastern boundaries of the district.

You have convenient access to the Gardiner Expressway, which connects you to Etobicoke, Oakville, Hamilton, Scarborough, and the northern Greater Toronto Area.

Education

St. George Campus of the University of Toronto and Northeastern University—Toronto are both within eight minutes’ driving distance for postsecondary students. These universities exhibit their dedication to furnishing students with exceptional educational experiences. In close proximity to the Encore Theatre District Condos are a number of lovely parks, including St. Patrick’s Square, Grange Park Toronto, and Clarence Square.

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Plaza

For many decades, Plazacorp has invested in land, low-rise and high-rise development, and technology companies that drive their innovation economy toward smarter cities and more livable communities. Their brand is based on honesty, transparency, congruence, and consistent returns. Each of their business segments is motivated by an innovative spirit.