Developer Sold Out

Artists’ Alley 2 Condos

Sold Out Oct 2021

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$1,683/sq.ft.

Artists’ Alley 2 Condos Price History

$1,683/sq.ft.
***** *****
since launch
as of November 03, 2024

Studio

Sold Out $1,453/ft Last Price・Sep 2020  +$12  (+0.8%) Since Launch

1 Bed

Sold Out $1,497/ft Last Price・Sep 2020 *****

1 Bed + Den

Sold Out $1,412/ft Last Price・Sep 2020 *****

2 Bed

Sold Out $1,478/ft Last Price・Sep 2020  +$57  (+4.0%) Since Launch

3 Bed

Sold Out $1,684/ft Last Price・Oct 2021  +$271  (+19.2%) Since Launch

Artists’ Alley 2 Condos is a new condominium development by Lanterra Developments currently under construction located at 234 Simcoe Street, Toronto in the Downtown Core neighbourhood with a 99/100 walk score and a 100/100 transit score. Artists’ Alley 2 Condos is designed by Hariri Pontarini Architects and will feature interior design by Studio Munge. Development is scheduled to be completed in 2024. The project is 35 storeys tall (120m, 393.7ft) and has a total of 310 suites ranging from 448 sq.ft to 1356 sq.ft. Artists’ Alley 2 Condos is the #1468 tallest condominium in Toronto and the #24 tallest condominium in Downtown Core.

Neighbourhoods

Downtown Core
55 Total Projects
Neighbourhood in Toronto

Sales Status

View on Map
Actively Selling
5
Actively Selling
Launching Soon
0
Launching Soon
Registration Phase
9
Registration Phase
Sold Out
6
Sold Out
Resale
35
Resale

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.

Development team

  • Developer
  • Architect
  • Interior Designer
  • Sales Company

Lanterra Developments

36 Total Projects
Actively Selling
7
Actively Selling
Launching Soon
1
Launching Soon
Registration Phase
2
Registration Phase
Sold Out
4
Sold Out
Resale
22
Resale
Cancelled
0
Cancelled

About Lanterra Developments

Lanterra Developments: Shaping Toronto's Skyline with Visionary Architecture and Design

Lanterra Developments, a prominent name in the Toronto real estate scene, has been transforming the city's skyline since its inception in 1999. Formed by the visionary duo, Mark Mandelbaum and Barry Fenton, Lanterra Developments is known for its commitment to creating landmark condominium communities characterized by outstanding location, iconic architecture, and superb amenities. Here's a comprehensive overview of Lanterra Developments, highlighting the key facets of the company, its landmark developments, and the distinct attributes that set it apart in the industry.

Lanterra Developments at a Glance

  • Foundation and Legacy: Lanterra Developments was established in 1999 by Mark Mandelbaum and Barry Fenton, both bringing a rich background in law and real estate to the table. Their combined vision and expertise have propelled Lanterra to the forefront of the Toronto real estate market.
  • Scope of Operations: Lanterra Developments has been crafting iconic communities for over two decades, building approximately 15,000 condo units across the Greater Toronto Area.
  • Core Values: The company operates on the principles of innovation, teamwork, integrity, respect, creativity, and responsibility, values that are evident in every project they undertake.

Key Highlights of Lanterra Developments' Projects

  • Innovative Approach: Lanterra Developments has been instrumental in anticipating and responding to the dramatic shift in Toronto’s housing needs. Their focus on master-planned communities, stunning design, and sustainable technologies is guiding Toronto towards becoming a global urban hub.
  • Notable Projects: Lanterra's portfolio boasts several high-profile developments, including Maple Leaf Square, ICE Condominiums at York Centre, WaterPark City, The Britt, and TeaHouse Condominiums. Each project is a testament to the company's commitment to quality, luxury, and innovation.
  • Ongoing Projects: Lanterra continues to shape Toronto's skyline with projects like Artists’ Alley, Rodeo Drive Condominiums, and Notting Hill Condominiums. These developments are not just about providing residential spaces but about creating vibrant, inclusive communities.

Lanterra's Commitment to Design and Sustainability

  • Design Excellence: Lanterra Developments places a strong emphasis on the architecture and design of its projects, ensuring that each development is not only aesthetically pleasing but also functional and sustainable.
  • Sustainable Practices: The company is dedicated to incorporating sustainable technologies and environmentally sound principles in its buildings, aligning with the global movement towards green and sustainable living.

Customer Reviews and Testimonials

Lanterra Developments' dedication to innovation, quality, and customer satisfaction is consistently reflected in the positive feedback from residents and industry professionals. The company's focus on creating not just homes but comprehensive lifestyle environments resonates deeply with those who choose Lanterra Developments as their homebuilder.

Activity

Launch Price/ft
*****
Last Recorded Price/ft
$1,683 /ft
Change from Launch
*****
Studio Price
$1,453/ft
1 Bed Price
$1,497/ft
1 Bed + Den Price
$1,412/ft
2 Bed Price
$1,478/ft
3 Bed Price
$1,684/ft
Studio Change from Launch
*****
1 Bed Change from Launch
*****
1 Bed + Den Change from Launch
*****
2 Bed Change from Launch
*****
3 Bed Change from Launch
*****

$1,683/sq.ft.

Artists’ Alley 2 Condos,

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