139 Church Street Condos
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139 Church Street Condos is a new condominium development by Pemberton Group currently in pre-construction located at 139 Church Street, Toronto in the Downtown Core neighbourhood with a 100/100 walk score and a 100/100 transit score. 139 Church Street Condos is designed by Graziani + Corazza Architects Inc.. The project is 53 storeys tall and has a total of 448 suites. 139 Church Street Condos is currently in Registration Phase.
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About Downtown Core
Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm
Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:
Why People Love the Downtown Core:
- Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
- Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
- High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line.
Local Amenities and Real Estate Highlights:
- Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
- Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
- Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers.
Real Estate Dynamics:
- Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location.
- Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
- Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.
Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.
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Key Information
139 Church Street Condos is a new condo project by Pemberton Group to be located at 139 Church Street in Toronto’s Church-Yonge Corridor area of Downtown. It’s currently in preconstruction and does not yet have an estimated completion date.
✔ Proposed to have a total of 414 luxury condo units with 49-storeys
✔ Architecture by Graziani + Corazza Architects, Inc.
ABOUT CHURCH-YONGE CORRIDOR/DOWNTOWN
Located in the heart of Downtown Toronto in the Church-Yonge Corridor area, 139 Church Street Condos is just a two-minute commute to Downtown by car or a three-minute walk from all that Downtown has to offer.
✔ Perfect 100/100 WalkScore and TransitScore, and excellent BikeScore of 75/100
✔ Local attractions, things to do, and landmarks in the area include Edwards Gardens, the Toronto Public Library, Spadina Museum, Casa Loma, Yorkdale Shopping Centre, Yorkville Village, the Ontario Science Centre, Toronto Botanical Garden, Sunnybrook Park, Tarragon Theatre, Cineplex VIP Don Mills, York Mills Valley Park, Don Valley Golf Course, Reuben & Helene Dennis Museum, David A. Balfour Park, Wychwood Barns Park, Wilket Creek Park, SilverCity Yorkdale Cinemas, Todmorden Mills Heritage Site, Earl Bales Ski & Snowboard Centre, Queen’s Own Rifles of Canada Regimental Museum, CF Shops at Don Mills, Columbus Centre, the Canadian Fine Arts Gallery, Hazelton Lanes Shopping Centre, The Capitol Event Theatre, Oriole Park, and the Joseph D. Carrier Art Gallery
✔ Restaurant and bar options in the area include C’est Bon, The Captain’s Boil, Roberto’s Ristorante Italiano, Tio’s Urban Mexican, Uncle Betty’s Diner, Sorn Thai Restaurant, North 44, Grazie Ristorante, La Vecchia Restaurant, Cibo Wine Bar, Good Bite Restaurant, De Mello Palheta, The Right Wing Sports Pub, Crepe Studio Bistro, Stack Restaurant, Duke of Kent, La Boheme Café Patisserie, Mars Uptown Restaurant, Lime Asian Cuisine, Spacco Billiard Bar & Eatery, The Homeway Restaurant, Rose & Crown, The Pickle Barrel, HoSu Bistro, Star King Viet Thai Cuisine, and Gamberoni Restaurant
✔ Public transportation options include rail lines (the 1 Line 1 Yonge-University, the 301 Queen N.C., 514 Cherry, 503 Kingston Rd. Tripper, 504 King S.C., 501 Queen S.C., and the 304 King N.C.) and bus lines such as the 502 Downtowner, 97 Yonge, 320 Yonge Night Bus, 505 Dundas S.C., 142 Downtown/Avenue, and the 144 Downtown/Don Valley
✔ Nearby schools in and around this area include the York College of Information Technology, Western Town College Toronto, O.I.P. Dance Centre, Neuchatel Junior College, Harris Institute, Northwind Professional Institute, and Ecole Elementaire Gabrielle-Roy
ABOUT PEMBERTON GROUP
Pemberton Group is a Vaughan-based real estate developer and builder with dozens of new and preconstruction projects across the Greater Toronto Area.
✔ Portfolio includes 9th & Main Condos + Towns, ERA2 Condos, Erin Square Condominiums, Mills Square, GO.2 Condominiums, 543 Richmond Street Condos, 8 Elm Street, Bohemian Embassy Flats & Lofts, Bluwater Condominiums, Citylights on Broadway, Bravo, Downtown Erin Mills Condominiums, Indigo Condominiums in the Village of Maple, and ERA at Yonge Condos
Additional Information
448 Suites
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