Victory Silos Condos Coming Soon To East Bayfront
|Prices Starting From The High
|Year of Completion
|Number of Units
New Condo Development In The Heart Of Downtown Toronto
Victory Silos Condos is presently a proposed combined-use residential high-rise development that will touchdown soon at 351 Lake Shore Boulevard East in the East Bayfront neighbourhood of Toronto. This pre-construction luxury tower will soar 50 storeys with approximately 300+ units, including commercial offices and retail space. Both Great Gulf Homes and Dream are collaborating to bring you this integral part of the much anticipated revitalization build of Toronto’s Waterfront. Page + Steele IBI Group Architects have been called upon to design the structure. It’ll be nestled on 5.3 acres of prime real estate which is bounded by Lake Ontario to the south, 333 Lakeshore Boulevard East to the west, Lakeshore Boulevard East to the north and the 3C Lands to the east respectively. This complex is estimated to accept occupants by 2020.
The site, is referred to as the Parliament Street Slip, it is adjoined by water on three sectors. The development proposal includes the safeguarding of the silos as a unique architectural feature to be incorporated into the development through either adaptive use or repurposing by being functional and aesthetically pleasing, making it a landmark site. It’s been part of the City’s Heritage inventory since October 2004. The transformation and restoration of this section of the waterfront is currently underway and is targeted to be completed over the next decade totally converting the face of this now defunct industrial precinct within its 3 block radius. Expect the tower to be designed with a modern glass-fronted structure with architectural elements to add texture along with a tree-lined streetscape to add visual appeal to its surroundings.
Although details have yet to be finalized for the building it self and even including features and finishes, Great Gulf and Dream are known to offer a wide selection of floor plan layouts that include, studio units, one-bedroom suites, two and three bedroom dwellings as well. Pricing is anticipated to range from the high $400,000’s. The developers will be inclined to incorporate an array of practical amenities many would come to expect from an urban condo lifestyle. With retail space at ground level, 2-storeys of office space is also proposed, as well as a number of parking spaces being provided at below-ground level.
Features in this luxury high-rise condominium may likely include a party room with a functional kitchen, dining room with multiple seating with a fireplace feature where residents can entertain their guests, a fitness centre, accompanied by a yoga studio, cycling room, games room, and a WiFi lounge. The landscape communal terrace will come equipped with a green space, lounging chairs, barbeque stations and a dining area for lounging, socializing and taking in the breathtaking city and lake views.
The area has a current walkscore of 88/100 and a transit score that will soon quickly bounce, considering its location, which is anticipated to be a future hub for the city, as a brand new LRT line will be functioning along the planned Queens Quay extension to Cherry St., with the purpose of servicing and enhancing the neighbourhood, This will further increase the desirability of the site as a long-term investment opportunity for potential home-buyers or investors alike. Drivers have smooth access onto many arterial roadways, making commuting a cinche.
Local amenities include restaurants, supermarkets, shops, movie theatres, cafes, bars, large businesses, numerous offices and other neighbourhoods, like the Entertainment District, Corktown, the Distillery District, St. Lawrence Market which is roughly a 20 minute walk. Sumach-Shuter Parkette, St. James Park and Sculpture Gardens, are some of the parks that close by, as is Sugar Beach which overlooks the lake. To the east of the site is the scheduled 3C Waterfront Development, which includes a pedestrian bridge across the channel to be placed in front of the Victory Silo Condos. This parcel of land is genuinely one of the most treasured – and convenient – of those situated along Toronto’s waterfront. It is also one of the most significant, due to the towering presence of the silos, which have occupied the site for more than 70 years.
This will be an ideal waterfront address, where residents and visitors will have access to year round leisure spaces. Be one of many who will soon call this enclave home. A place to live, work, play and create!
Since its inception in 1994, Dream has grown and has become one of Canada’s leading residential land development firms. As this company grows and continues to impact the communities around them. The scope of their business consists of their dedication in making an impact on the environment by means of practicing sustainability, and being one of the first builders in the country to publish a Corporate Sustainability Report. They’ve already left their mark here in Canada, however moving forward, we shall see how they continue to inspire other companies around the globe to follow in their vision and footsteps. We can't wait to see what they have in store for us for Victory Silos Condos.
Great Gulf has over 40 years of experience in land acquisition and building industry. Their philosophy is to apply innovation as they approach new initiatives, that are geared with first-class new technology and craftsmanship, in addition to the use of sustainable. eco-friendly techniques and materials in all their buildings. They have continued to transform the way homes are constructed. Great Gulf has proven its ability to contribute to the city’s ever-changing skyline, as well as to other communities in Canada and the States. They are an exciting company to watch as they continue to build within the GTA and beyond.
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