Encore District Condos

Encore District Condos will be the second building on the Theatre District Condos by PlazaCorp, known as the second phase of Theatre District Condos. This is a pre construction condos project by PlazaCorp Urban Residential Communities to be located at Adelaide St W and Spadina Ave, Toronto. Plazacorp Communities and Quadrangle Architects has partnered to make this landmark. This skyscraper will have 49 Storeys and 180 units. This premium project has 100/100 Transit Score and Walk score of 100/100 as well.

Details of  Encore District Condos-

• No. of floors –49
• No. of units – 180
• Suites Starting floor- 25
• Number of suites/floor – 6 to 9
• Development Name – Theatre District Condos
• Developer (s) – PlazaCorp Residential Communities
• Architects – Quadrangle Architects Ltd.
• Interior Designer – TBA
• Sq footage from – 676 – 1267 sq ft
• Available in – 2 BR, 3 BR
• No. of Floor plans –16
• Half of the building will be used as International Hotel

Highlights of Encore District Condos – 

• 900 meters from OCAD University; 12 minutes walk
• 6 Km from University Of Toronto (U of T; St George Campus); 10 Minutes Drive
• 2 km from Ryerson University; 11 Minutes Drive
• Easy Access to St. Andrew Subway Station
• Steps from Financial District
• Quick access to Toronto’s Entertainment & Theatre district
• Near to Roy Thompson Hall
• Close to all amenities coffee shops, shops, restaurants and schools
• Just few minutes from Downtown Core
• Transit Score of 100/100
• Walk Score of 100/100

Information for Investors-

• Rent ability – Neighborhood vacancy rates below 1% with less than 12 days on market
• Rental Appreciation – Rental rates appreciated an average more than 7 %  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area range with the following-
  1 Bedroom- $1850- $2250, Median-$2000
  1 Bedroom + Den- $2000- $3050, Median-$2300
  2 Bedrooms- $2550-$3700, Median- $3025
  2 Bedroom + Den- $3150-3350, Median- $3200

(These are last 90 days stats from the date of creating this webpage)

Renderings of Encore District Condos-

Location of Encore District Condos-

28 Widmer Street, Toronto, Ontario, Canada

Walkscore –

Platinum VIP Deposit Structure-

5% on signing

5% in 180 days from date of signing

5% in 325 days from date of signing

1% on Occupancy

Maintenance fee

$0.65 per sq ft/month (Hydro, Water and Gas Metered Separately)

Parking Maintenance – $79/ month

Locker Maintenance – $39/ month

Parking

Parking: $100,000 (available for 3B only)

Locker

$10,000 (2BR & 3BR Only, First Come First Serve)

Expected Tentative Occupancy

Jan 2023

Floor Plans

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Copyright © 2018. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted. Travel time is calculated using Google maps. For Further Information, Please contact Karambir (KB) Singh MBA, CSSBB, PMP Real Estate Broker & Platinum/VIP Agent, 416 948 4757, World Class Realty Point Brokerage