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The Bloor Street Neighbourhood Condos

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The Bloor Street Neighbourhood Condos is a new condominium development by Cresford Development Corporation that is now complete located at 35 Hayden Street, Toronto in the Church & Wellesley neighbourhood with a 100/100 walk score and a 96/100 transit score. The Bloor Street Neighbourhood Condos is designed by Northgrave Architect Inc.. Development is scheduled to be completed in 2010. The project is 32 storeys tall (102m, 334.6ft) and has a total of 349 suites ranging from 382 sq.ft to 1,943 sq.ft. The Bloor Street Neighbourhood Condos is the #1349 tallest condominium in Toronto and the #31 tallest condominium in Church & Wellesley.

Neighbourhoods

Church & Wellesley

Church & Wellesley

73 Total Projects

Neighbourhood in Toronto

Sales Status

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Actively Selling

Launching Soon

Registration Phase

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Resale

About Church & Wellesley

Church and Wellesley: Toronto’s Vibrant and Welcoming Neighborhood

Church and Wellesley, often referred to as “The Village,” is celebrated as a vibrant and inclusive neighborhood in the heart of Toronto. Known for its strong roots as Toronto’s original LGBTQ+ community, it’s a place where diversity thrives and everyone is welcome. With its prime downtown location, this neighborhood offers a blend of rich history, modern amenities, and a dynamic community spirit. Here’s a deep dive into what makes Church and Wellesley a unique and beloved part of Toronto.

Why People Love Church and Wellesley

Cultural Hub: As Canada’s largest gay village, Church and Wellesley is renowned for its inclusivity and strong community spirit. The neighborhood hosts Toronto’s Pride Parade, one of the largest and most vibrant in the world.
Diverse Dining and Entertainment: The area boasts a variety of restaurants, patios, shops, and pubs, creating a village-like atmosphere. From intimate dining experiences to vibrant nightlife, there’s something for everyone.
Convenient Location: Situated in central downtown Toronto, the neighborhood is highly accessible with a transit score of 97/100 and a walk score of 98/100. It’s close to major amenities, shopping malls, and the downtown core.
Historic Charm and Modern Living: Church and Wellesley features a mix of historic Victorian and Edwardian homes alongside modern high-rise condos and upscale townhouses, offering a range of living options for every lifestyle.

Real Estate in Church and Wellesley: A Blend of History and Modernity

Historic Homes: The neighborhood is dotted with historic Victorian and Edwardian houses, adding a charming architectural dimension to the area.
Modern Condominiums: Church and Wellesley offers a range of condominium options for those seeking a modern urban lifestyle. Notable developments include 8 Cumberland Condos, EightyOne Wellesley, and 50 at Wellesley Station Condos, each offering luxurious amenities and prime locations.
Growing Residential Market: With its central location and vibrant community, the neighborhood has experienced significant residential growth, making it a sought-after area for both living and investment.

Local Amenities and Lifestyle

LGBTQ+ Cultural Events: The neighborhood is famous for hosting Toronto’s Pride Week, a colorful and lively celebration of diversity and community.
Walkability and Transit: With its high walk and transit scores, residents can easily access the best of Toronto, from shopping and dining to entertainment and outdoor spaces.
Educational Institutions: The area is close to major universities like the University of Toronto and Ryerson University, making it a convenient location for students and academic professionals.
Recreational Spaces: Church and Wellesley is close to several parks and green spaces, including Trinity Bellwoods Park and various parkettes, providing residents with places to relax and enjoy outdoor activities.

Church and Wellesley is a thriving community known for its inclusivity, rich cultural heritage, and vibrant urban lifestyle. Whether you’re drawn to its historic charm, modern living spaces, or dynamic social scene, this neighborhood offers a unique and welcoming atmosphere in the heart of Toronto. With a range of amenities, easy access to the city’s best attractions, and a strong sense of community, Church and Wellesley continues to be a cherished destination for both residents and visitors alike.

Development team

Developer
Architect

Cresford Development Corporation

Cresford Development Corporation

22 Total Projects

Actively Selling

Launching Soon

Registration Phase

Sold Out

Resale

Cancelled

Cancelled Projects

The Clover on Yonge
33 Yorkville Residences
YSL Residences
Halo Condos on Yonge

About Cresford Development Corporation

Cresford Development Corporation: Toronto’s Former Real Estate Titan

Overview of Cresford Development Corporation

Cresford Development Corporation, once a prominent player in Toronto’s real estate market, was known for its luxurious condominium projects and innovative designs. For over three decades, Cresford had been a significant force in the development of residential buildings in Toronto. However, the company faced significant financial troubles leading to its bankruptcy, which impacted many of its projects and stakeholders.

Company Highlights

Established: Over 30 years ago
Experience: Developed over 10,000 residential units in Toronto
Key Developments: Known for high-profile condominium projects in prime locations
Bankruptcy: Filed for bankruptcy in 2020, halting several ongoing projects and leaving many buyers in a difficult position

Notable Projects

Cresford Development Corporation was responsible for several notable condominium projects in Toronto, many of which were recognized for their luxury and prime locations:

Casa Series (Casa, Casa II, Casa III): Located near Yonge and Bloor, the Casa series featured luxurious finishes and extensive amenities, making it a desirable residence for urban professionals.
1 Thousand Bay: This 32-storey building at Bay Street and Wellesley was designed with contemporary architecture and high-end amenities, offering an upscale urban living experience .
The Bloor Street Neighbourhood: Situated at Yonge and Bloor, this project consisted of 349 units and was known for its prime location and upscale living conditions .
MYC - Merton Yonge Condos: Located at Yonge and Merton, this 28-storey building featured stunning views, guest suites, and a variety of amenities designed for modern living

Bankruptcy and Its Impact

In 2020, Cresford Development Corporation filed for bankruptcy, which led to the cancellation of numerous projects and significant financial losses for buyers and investors. This event marked a significant downturn for the company, tarnishing its reputation and leaving many stakeholders in a difficult position. Key issues included:

Project Cancellations: Several high-profile projects were halted, including those that were in advanced stages of development.
Financial Losses: Buyers who had invested in Cresford’s projects faced significant financial setbacks, with many struggling to recover their investments.
Legal Issues: The bankruptcy led to numerous legal disputes as buyers and investors sought to reclaim their funds

Positive Aspects of Cresford’s Legacy

Despite its unfortunate end, Cresford Development Corporation was recognized for several positive attributes during its operational years:

Luxury and Innovation: Cresford was known for its luxurious finishes and innovative designs, setting new standards in the Toronto condominium market.
Prime Locations: The company’s projects were often located in highly desirable areas, offering residents convenient access to Toronto’s best dining, shopping, and entertainment options.
High-Quality Amenities: Cresford developments were characterized by extensive amenities, including fitness centers, rooftop terraces, and concierge services, enhancing the living experience for residents

Client Reviews and Reputation

While Cresford received praise for its luxurious and innovative developments, the company’s bankruptcy significantly impacted its reputation. Before the bankruptcy, clients appreciated the high-end finishes, prime locations, and extensive amenities that Cresford’s projects offered. However, the financial troubles and project cancellations led to a wave of negative reviews and dissatisfaction among buyers and investors.

Conclusion

Cresford Development Corporation played a significant role in Toronto’s real estate market for over three decades, known for its luxurious condominiums and innovative designs. However, the company’s bankruptcy in 2020 marked a dramatic downturn, impacting many stakeholders and tarnishing its legacy. While Cresford’s developments were praised for their luxury and prime locations, the financial troubles and project cancellations left a lasting negative impact on the company’s reputation.