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Peter and Adelaide Condos

Peter & Adelaide Condos is a New Condo development by Graywood Developments Ltd. located at Adelaide St W & Spadina Ave, Toronto.

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  • Preconstruction

  • Condo, TownHouse

  • 1 - 1 Bedroom

  • 1 - 1 Bathroom

  • 575 - 575 Sqft

  • 48 Storeys
  • 696 Suites

  • occup May 2024
  • $170,000 off the Purchase Price
  • Only 5% Deposit
Last Update : 27 August 2024
Starting from $699,900

Project Overview

Peter and Adelaide Condos, a recently initiated condominium venture by Graywood Developments Ltd, is currently undergoing pre-construction at 350 Adelaide Street West, Toronto, in the heart of the Entertainment District. Notably, this development proudly holds an impeccable 100/100 walk score and a perfect 100/100 transit score. Crafted by the renowned BBB Architects, Peter and Adelaide Condos is poised to become an architectural masterpiece.

As it advances into the construction phase, the condominium finds its home at 102 Peter Street, Toronto, within the dynamic Entertainment District. Upholding its exceptional 100/100 walk score and a flawless 100/100 transit score, Peter and Adelaide Condos is designed by BBB Architects and will feature interior designs curated by U31. The project is set to reach a towering height of 52 storeys, providing a total of 695 suites.

Location

Crafted with the city in mind and positioned within its bustling core, Peter and Adelaide finds its specific placement at the nexus of culture and connection. It stands at the crossroads of art and commerce, as well as the intersection of work and play. Immerse yourself in the authentic essence of Toronto living.

Nestled in the vibrant Waterfront Communities of Toronto, it is an ideal location for urban living with an almost flawless accessibility score. The lifestyle offerings in waterfront communities are boundless; just a brief stroll away, revel in outdoor events or partake in water sports at the beach. This novel development is conveniently situated near the St. Lawrence Market, Rogers Centre, ACC, and Sony Centre for the Performing Arts, solidifying its status as the quintessential heart and hub of downtown Toronto.

Neighborhood Highlights

Nestled along the waterfront, Peter and Adelaide Condos presents residents with the opportunity to savor captivating views of Lake Ontario, cultivating a tranquil and picturesque ambiance. The development seamlessly integrates into the vibrant fabric of Waterfront Communities, offering a myriad of recreational pursuits, from waterfront parks and trails to outdoor events and water sports. This ensures that residents can easily embrace a health-conscious and active lifestyle.

Positioned at the epicenter of Toronto’s cultural richness, Waterfront Communities, home to Peter and Adelaide Condos, provides close proximity to iconic landmarks such as the St. Lawrence Market, Rogers Centre, ACC, and the Sony Centre for the Performing Arts. This strategic location ensures residents enjoy effortless access to a diverse array of cultural and entertainment experiences.

With an impressive accessibility score, the neighborhood surrounding Peter and Adelaide Condos facilitates convenient access to public transportation, streamlining travel within the city and beyond. The locale boasts a dynamic culinary scene, featuring an array of restaurants and cafes. Moreover, residents have the privilege of relishing a lively nightlife and various entertainment options, contributing to a dynamic and engaging lifestyle.

Beyond its physical attributes, Waterfront Communities, including the Peter and Adelaide Condos project, nurtures a strong sense of community. The neighborhood hosts various events and gatherings, fostering connections among residents and creating a supportive and welcoming environment.

This prime location seamlessly merges the tranquility of a waterfront setting with the conveniences of urban living, providing residents with the best of both worlds. The proximity to business districts and commercial centers ensures that the residents of Peter and Adelaide Condos can enjoy the benefits of an evolving and thriving urban landscape.

Transit and Accessibility

Boasting an impressive transit score, the project ensures that a plethora of public transportation options is easily accessible, a significant boon for residents relying on buses, streetcars, or the subway for their daily journeys. Positioned within the Entertainment District, Peter and Adelaide Condos likely enjoys close proximity to major transit hubs, seamlessly connecting residents to various parts of the city.

Given its central location, it’s highly likely that the condominium is situated near subway stations, offering residents a swift and efficient means of navigating Toronto. The surrounding area of Peter and Adelaide Condos is expected to feature well-established bus and streetcar routes, providing enhanced accessibility and additional transportation choices for residents.

Known for its pedestrian-friendly design, the Entertainment District allows residents to stroll effortlessly to nearby amenities, public transportation stops, and entertainment venues. Emphasizing sustainable transportation, the neighborhood may also provide bike-friendly infrastructure, encouraging residents to embrace cycling as a convenient mode of transport.

The location’s connectivity extends to major roads and highways, ensuring easy access for residents who prefer driving or carpooling. Furthermore, the central positioning of Peter and Adelaide Condos makes it highly accessible to ride-sharing services, offering an additional layer of convenience for residents.

City Growth & Development

Toronto has experienced steady population growth, fueled by both international migration and domestic migration from other parts of Canada. This demographic expansion has generated heightened demand for housing, infrastructure, and services. In response to this surge, the real estate market in Toronto has undergone dynamic changes, witnessing a notable increase in condominium developments, particularly in the downtown core. The cityscape has transformed with the incorporation of contemporary skyscrapers and residential complexes.

To accommodate the growing population, Toronto has been proactive in investing in its infrastructure. This includes substantial expansions and enhancements to public transportation, such as the construction and extension of subway lines, as well as the implementation of new transit projects. As a reflection of its commitment to technological progress, Toronto has emerged as a major tech hub, drawing investments and talent in the technology sector. Innovation districts like the MaRS Discovery District underscore the city’s dedication to fostering technological advancements and research.

The cultural and entertainment scene in Toronto remains vibrant, featuring numerous festivals, events, and a diverse range of cultural offerings. The Entertainment District, home to Peter and Adelaide Condos, stands as a testament to this lively cultural landscape.

With a growing emphasis on sustainability and green initiatives, Toronto has taken significant steps, including the expansion of green spaces, promotion of sustainable urban planning, and addressing environmental challenges to enhance its eco-friendly profile.

Toronto’s robust economy, propelled by diverse industries such as finance, technology, healthcare, and manufacturing, attracts businesses and professionals, contributing to its overall growth and prosperity. The city takes pride in its multicultural identity, celebrating diversity, which has significantly enriched its cultural tapestry.

The ongoing revitalization of the waterfront, where Waterfront Communities and Peter and Adelaide Condos are strategically located, has been a key focus. This involves the development of parks, recreational spaces, and mixed-use projects to elevate the quality of life along the shores of Lake Ontario.

Amenities

1. Lounge Deck: The Lounge Deck at Peter and Adelaide Condos provides a stylish and comfortable outdoor space for residents to unwind and socialize. Whether enjoying a quiet moment with a book or connecting with neighbors, this amenity offers a relaxed atmosphere with contemporary design.

2. Yoga Studio: For those seeking wellness and tranquility, the Yoga Studio offers a dedicated space to practice yoga and meditation. Residents can engage in fitness routines that promote balance and mindfulness in a serene environment.

3. Kid Zone: Designed with families in mind, the Kid Zone is a playful and secure area where children can explore, learn, and interact. It provides a safe space for youngsters to engage in creative activities and socialize with their peers.

4. Coworking Lounge: The Coworking Lounge is a dynamic workspace within the condominium, offering residents a convenient and inspiring environment to work from home. This amenity caters to the increasing trend of flexible work arrangements.

5. Rooftop Pool: The Rooftop Pool at Peter and Adelaide Condos offers a luxurious oasis with stunning views. Residents can relax, swim, and soak up the sun in this elevated pool area, creating a resort-like experience.

6. Swimming Pool: In addition to the rooftop pool, the condominium features a standard swimming pool for residents to enjoy a refreshing swim or engage in aquatic activities within the comfort of their own community.

7. Gym: The well-equipped Gym provides residents with a dedicated space for fitness and exercise. State-of-the-art equipment and a motivating atmosphere make it convenient for maintaining an active lifestyle.

8. Reflecting Pool: The Reflecting Pool adds a touch of serenity to the outdoor space. Its tranquil design creates a calm ambiance, providing residents with a peaceful area to relax and reflect.

9. Outdoor Lounge: The Outdoor Lounge is a versatile social space that encourages residents to connect in an open-air setting. Whether for casual conversations or special events, this outdoor area enhances community interactions.

10. Cabanas: Cabanas offer residents a private and shaded retreat by the poolside. Ideal for relaxation or socializing with friends, these cabanas provide an exclusive and comfortable space to enjoy the outdoors.

11. Outdoor Communal Dining: Designed for social gatherings and communal meals, the Outdoor Communal Dining area provides residents with a charming space to share meals with neighbors and enjoy the fresh air.

12. Private Dining: The Private Dining space caters to residents who wish to host intimate gatherings or special occasions. This amenity offers a sophisticated setting for personalized dining experiences.

13. Terrace: The Terrace provides an elevated outdoor space for residents to enjoy panoramic views and fresh air. It serves as an extension of individual homes, offering a tranquil escape.

14. Demonstration Kitchen: The Demonstration Kitchen is a culinary space where residents can showcase their cooking skills or participate in communal cooking events. It enhances the community’s culinary experience.

15. Parking Facilities: With a proposed underground parking lot, Peter and Adelaide Condos ensures ample parking space with 225 vehicle spots. Additionally, the provision of 926 bicycle spaces encourages eco-friendly commuting options, aligning with modern urban living trends.

Development Features

SUITE FEATURES:

  • Spacious 9-foot ceilings in principal rooms on all floors*
  • Balcony* or terrace* access through sliding or swinging doors
  • Laminate wood flooring** throughout (except in bathroom(s)* and laundry area, which feature ceramic tile**)
  • Smooth painted ceilings in all areas
  • Neutral-colored primed and painted interior walls and trim
  • Contemporary slab-style doors with brushed chrome hardware for bedrooms, bathrooms, and laundry
  • Sliding pre-finished closet doors*
  • Vinyl-coated wire shelving in all closets

SOPHISTICATED KITCHEN:

  • Custom-styled kitchen cabinetry with various door finishes**
  • Quartz surface countertop & backsplash**
  • Single-bowl stainless steel sink
  • Single lever deck-mounted faucet with black finish and pull-out spray
  • Integrated 24-inch European-style appliances: refrigerator, cooktop, electric oven, built-in dishwasher, and over-the-range microwave
  • Exterior-vented exhaust fan

LUXURIOUS BATHROOM:

  • Custom-styled bathroom cabinetry with a selection of door finishes** and a medicine cabinet
  • Porcelain wall tile** in bathtub* and/or shower stall* surround walls
  • Custom-designed integrated vanity sink and counter with a single lever faucet
  • Full vanity-width frameless mirror and complementary light fixture
  • Deep soaker bathtub* or glass shower stall*, as per plan
  • Pressure-balanced mixing valve in the bathtub* and/or shower stall*
  • White bathroom fixtures with black faucets and shower heads
  • Black washroom accessories: toilet paper holder, towel bar, and shower curtain rod
  • Exterior-vented exhaust fan

CONVENIENT LAUNDRY:

  • Compact stackable washer and dryer, vented to the exterior

STATE-OF-THE-ART TECHNOLOGY:

  • Structured high-speed wiring infrastructure with a network center supporting entertainment and high-speed communication services
  • Pre-wired telephone, cable television, and communication outlets
  • Category 6 telephone wiring and Rg-6 coaxial cable to all telephone and cable television outlets, connecting directly to the suite network center

ELECTRICAL FEATURES & FIXTURES:

  • Individual electrical panel with circuit breakers
  • White “decora style” receptacles and switches
  • Ceiling-mounted track lighting in the kitchen
  • Ceiling-mounted light fixtures in the foyer* and hallway(s)*
  • Capped ceiling outlet in the dining area*, bedroom(s), and den*
  • Switch-controlled split outlet in the living room
  • Recessed downlight in bathroom(s)*
  • Electrical outlet on the balcony* or terrace*
  • Individually controlled heating and air conditioning system

ADVANCED SAFETY & SECURITY:

  • Electronic communication system in the secure main entry vestibule
  • Electronic access control system at all main building entry points and the parking garage
  • Smoke alarms in all suites
  • Sprinklers installed throughout the building and provided in all suites

Investment Opportunities

Investing in Peter and Adelaide Condos offers a prime opportunity for a vibrant urban lifestyle in Toronto’s Entertainment District. With a strategic location, luxurious amenities, and a strong focus on contemporary design, these condos present a promising investment for those seeking a blend of modern living and potential appreciation in a thriving real estate market.

Construction Timeline

Currently in the construction phase, Peter and Adelaide Condos is transforming its vision into reality in the heart of Toronto’s Entertainment District. As each day progresses, the development is taking shape, promising to become a distinctive addition to the city’s skyline. This construction milestone signifies the imminent realization of contemporary living spaces, luxurious amenities, and a coveted address in a dynamic urban landscape. Anticipated to be completed in 2024, the project is set to redefine the condominium living experience.

Developer

Graywood is a Toronto-based private investment management firm specializing in the creation of high-quality real estate properties in Canada and selected markets in the United States. Our distinctive proficiency encompasses a comprehensive range of services, from acquiring development sites and underwriting deals to overseeing all facets of development management, including land use approvals, project design, sales, marketing, construction management, and project financing.

Highlights

Boasting a perfect walk score of 100/100, making it highly walkable and convenient, this residence is situated in the Waterfront Communities-The Island neighborhood in Toronto. A mere 3-minute stroll takes you to the Peter St Stop, and it’s in close proximity to an array of shops, restaurants, and schools. With a stellar transit score of 100/100, the location offers world-class public transportation. Surrounding amenities include top-notch shopping, dining, and entertainment options. Additionally, nearby parks such as Clarence Square, St. Patrick’s Square, and Grange Park provide green spaces for relaxation and recreation.

Conclusion

In conclusion, investing in Peter and Adelaide Condos presents an enticing opportunity for a sophisticated urban lifestyle in Toronto’s Entertainment District. With its strategic location, contemporary design, and luxurious amenities, this development stands as a promising venture for those seeking both a modern living experience and potential long-term value appreciation in the thriving real estate market.

Development Details

Number of Storeys
48
Total Number of Suites
696
Est. Building Size
575 - 575 Sq.ft.
Architects
architectsAlliance, Landscaoe Strybos Barron King
Est. Occupancy
May 2024
Building Type
Condo, TownHouse
Developer
Graywood Developments Ltd

Browse more Peter and Adelaide Condos Floor Plans

Status
Suite Name Suite Type Size View Price
Available
Peter-and-Adelaide-Condos-709-1B+D-floorplan
709 1B+D 1.5 Bed , 1 Bath 579 SQFT West
$650,900
$1124/sq.ft
More Info
Available
Peter-and-Adelaide-Condos-5209-1B+D-floorplan
5209 1B+D 1.5 Bed , 1 Bath 575 SQFT North
$794,900
$1382/sq.ft
More Info
Available
Peter-and-Adelaide-Condos-5202-3B-floorplan
5202 3B 3 Bed , 2 Bath 873 SQFT North East
$1,104,900
$1266/sq.ft
More Info
Available
Peter-and-Adelaide-Condos-5205-3B-floorplan
5205 3B 3 Bed , 2 Bath 903 SQFT South East
$1,254,900
$1390/sq.ft
More Info

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300 Richmond St W #300, Toronto, ON M5V 1X2

   

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(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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