Search Results for: 530 st clair ei richmond
The developers behind a highrise condominium project in an old Toronto neighbourhood have gotten in on the ground floor of its rejuvenation.
The 19-storey project at St. Clair Ave. W. and Bathurst St. – called the 530 St. Clair Avenue West Condominiums – sits at the “gateway” to a strip of the city that is slated for a facelift to accompany the refurbished streetcar line that runs through the community, says Larry Blankenstein, president of Lash Development Corp.
His company is working with The Goldman Group to develop the site, on the northwest corner of St. Clair and Bathurst, with construction due to begin in the late summer and occupancy slated for the fall of 2012. Construction is nearly complete on a 23-storey sister tower next door at 500 St. Clair W., and occupancy is expected to start in March.
“We’re on the cusp of revitalizing the whole St. Clair West neighbourhood,” Blankenstein says. “500 is basically the first building. With the establishment of 530, it just adds more credibility to the transition.”
He says the building’s accessibility to public transit is a major selling point for prospective condo buyers, noting residents can make the short walk to the St. Clair West subway station, or hop on the streetcar right outside their door and head east to the Yonge subway line, or west along St. Clair.
But he says there are other selling points, including the diverse mix of restaurants and shops along St. Clair, a major supermarket nearby and the Artscape Wychwood Barns a few blocks south of St. Clair on Christie St. The 60,000-square-foot community centre, which houses artists, assorted non-profit groups, a gallery and the Stop Community Food Centre, once held the TTC’s streetcar repair barns. The centre is surrounded by a new park.
Residents of 530 St. Clair will belong to the private 530 Club, a fitness, recreation and entertainment centre that will occupy the second and third storeys. The building, designed by E.I. Richmond Architects Ltd., includes a choice of one– and two-bedroom units, with or without a den, ranging in size from 576 to 1,327 square feet and priced from $250,000 to $470,000.
The 155 suites feature balconies and terraces, nine– or 10-foot ceilings, laundry facilities and hardwood or laminate flooring in the dining/living areas. The high-end kitchens have stainless steel appliances, granite countertops and a choice of flooring, while the bathrooms are equipped with elongated soaker tubs and frameless glass shower enclosures. Concierge services and indoor parking will be available.
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