A joint project uniting CentreCourt Developments and Centrestone Urban Developments, Prime Condos is a visually stunning high-rise defined by sophisticated modern elegance. The building is planned for a strategically chosen site in downtown Toronto’s rejuvenating Jarvis Street corridor just southeast of Gerrard Street East. This centrally located area is currently the focus of an exciting and rapidly accelerating redevelopment initiative, which has inspired a flurry of construction activity.
|Project Name||Prime Condos|
|Location||319 Jarvis Street, Toronto, ON, M5B 2C2|
|Development Team||CentreCourt Developments & Centrestone Urban Developments|
|Starting Price||From $300,000’s|
|Number of Storeys||46|
|Number of Units||579|
|Sales Status||Coming Soon|
Prime Condos: Project Overview
In September 2018, CentreCourt and Centrestone submitted updated plans for City of Toronto approval, which included a bold and impressive exterior redesign. The new design concept also made a slight adjustment to the building’s proposed height, initially set at 45 stories but now slated for 46. These new downtown Toronto condos will house a total of 579 residences, with community features including:
- Street-level retail facilities to create a mixed-use building profile
- 24-hour executive concierge service
- Indoor amenities including a fitness studio, business centre, and entertainment lounge
- Outdoor amenities on the second and third floors, along with a wraparound open-air terrace crowning the podium levels
- A five-level underground garage
The developers recently held an exclusive “sneak peek” event, which offered a glimpse into Prime Condos’ beautiful interior. Images highlighted a designer lobby accented with Versace furniture, as well as high-contrast wooden accents, polished stone finishes, mirror-style walls, and a stunning golden ornamental overhead fixture to serve as a focal piece in the building’s ornate lobby.
These new downtown Toronto condos will occupy a central address at 319 Jarvis Street, near the intersection of Jarvis and Gerrard. This location offers outstanding public transportation, including a pair of round-the-clock TTC streetcar routes that stop mere steps away from the proposed complex. Motorists will have easy access to major GTA routes including Lake Shore Boulevard, the Gardiner Expressway, and the Don Valley Parkway.
The Province of Ontario has designated the Jarvis Street corridor as a key urban growth centre. This means the provincial government has created incentives to spur increased development, which will ultimately benefit Prime Condos homeowners and investors. Jarvis Street is modernizing quickly, and the neighbourhood continues to welcome dramatic new developments that are transforming its streetscape in impressive ways.
Other highlights of this well-developed, highly walkable neighbourhood include:
- Steps from the Ryerson University campus
- Close proximity to the year-round Allen Gardens Conservatory greenhouse and urban park
- Easy access to St. Lawrence Market
- Adjacent to popular downtown neighbourhoods including Cabbagetown and the Church-Wellesley Village
Everything you’ll need for day-to-day living is close at hand, which is reflected in the address’s 96/100 Walk Score. Cyclists will also love living here, as Jarvis Street is one of the city’s best riding corridors and has a 99/100 Bike Score.
Toronto’s Jarvis Street Corridor Has a Bright Future
With all the investment and development activity happening on and around Jarvis Street, now is a great time to purchase real estate in the area. Investors are taking notice of its strong potential for excellent returns, and with downtown Toronto projected to enjoy huge job growth in the coming years, this could be just the beginning.
Prime Condos is shaping up to be an exceptional entry, with its stunning beauty and impressive luxury. It’s a great option for professionals who work downtown, students, investors, and those with a penchant for the downtown Toronto lifestyle.
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