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Canary House

By Dream, Kilmer Group, Tricon Residential

1 Star2 Stars3 Stars4 Stars5 Stars (5 votes, average: 4.60 out of 5)
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475 Front Street East, Toronto, ON, Canada



Platinum Access: Sales From $589,900 to over $1,259,900
Condominium
13 Storeys | 206 Suites
1 - 3.5 Bedroom(s)
461 - 954 Sq Ft
VIP Launch: 2021
Completion: 2024

The Canary District has been a hugely successful development for Toronto’s downtown core, and developers are now ready to take it to the next step: Canary House. Canary House is the next phase of the Canary District at Front Street and Cherry Street. Reimagine city living in the heart of the downtown east with this 13-storey residence will hold 206 suites and continue in the revitalization of a key block of the West Don Lands neighbourhood. 

A mixed-use, master-planned community, at every step, the developers are working to ensure that Canary District pushes the boundaries on sustainability and walkability. 

Canary House

 

Canary House Highlights:

  • 35-Acre Master Planned Community
  • 18-Acre Corktown Common Park
  • 504A Cherry Street Streetcar and Future Corktown TTC Station at Your Doorstep
  • Easy Access to the DVP
  • 1 min walk to The Cooper Koo Family YMCA
  • Only minutes from the Financial District, St. Lawrence Market, the Distillery District and upcoming East Harbour
  • Over 60,000 sqft. of Retail
  • The future Ontario Relief Line and introduction of Corktown Station
  • Future GO Line will unite Canary District to the downtown core and the larger GTA in minutes
  • Right by the future East Harbour Transit Hub
  • 11 min walk to George Brown College

Top 5 Reasons to Invest in Canary House

Named after the iconic restaurant that once stood on the land, the Canary District was first established as six buildings made for housing athletes during the 2015 Pan American Games. Those buildings were eventually finished and converted to private residences. 

Though a new neighbourhood, this district of the West Don Lands is vivid and energetic. Walking distance to the Distillery District, King Street East, and Leslieville, not to mention Sugar and Cherry Beach. The area has an excellent Walk Score, with many amenities nearby like the St. Lawrence Market, and the Corktown Commons which is an 18-acre park bordering the development. Corktown Common is a dynamic park with a wide range of activities and experienced for the whole family. Some of these amenities and features include picnic tables, acres of lawn and even marshlands to reconnect with nature, plus a playground and splash pad for hot summer days and outdoor fireplaces for meet-ups and hosting events. 

With a Loblaws Supermarket just minutes away, just about anything you’d need day-to-day can be found quickly and easily, making chores and errands simple. 

A number of Toronto’s most exciting and unique neighbourhoods are just a short walk away as well. Take a trip up to Corktown and the Distillery District, both homes to countless restaurants, cafes and breweries. A highly pedestrian-friendly neighbourhood, the Distillery District is famous for little vintage boutiques, stunning industrial architecture, art galleries and installations, music festivals, and the Sunday Market, every week at noon.  

In addition to all these great neighbourhood amenities, Canary District is also perfect for Students, due to being located very close to George Brown College’s St. James Campus. And that’s not all, Ryerson University is also very close by, being reachable by transit in under 30 minutes. 

Canary House Condos are the height of luxurious amenities. Units range from 400 square foot studios to 1,300 square feet three-bedroom-plus-den units. With modern fixtures, and appliances, functional floorpans and floor-to-ceiling windows, units in Canary House will be the height of convenience and comfort. Many units will have gorgeous views of Lake Ontario, while others will allow residents to take in the breathtaking Toronto skyline, or the lush, beautiful Don Valley.

Designed around sustainability and easy access to nature, Canary House will have plenty of access to fresh air, natural light, gorgeous views, and outdoor amenities. The development has already earned a LEED Gold designation and meets all requirements of Toronto’s Mandatory Green Building standards. 

This project will also feature 422 square metres of indoor amenities. In addition, around the ground level of the Canary District will feature 40,000 square-feet of space for retail use, meaning that the entire development will have it’s own shops, amenities, restaurants, and services, increasing it’s self-sustainability.

Canary House is located very close to the Gardiner Expressway, which takes residents straight downtown, and further west. Easily travel through the downtown core to the rest of the “Golden Horseshoe” region of Southern Ontario, through Etobicoke, Oakville and Hamilton, or take the Don Valley Parkway north up through Scarborough and into the norther GTA.

The neighbourhood itself is highly walkable, with a score of 90 out of 100. If you’re looking to connect to the TTC, there are a number of options. A short streetcar ride along either Front or King Street will take you directly into the heart of the city. From there, the entire GTA is at your fingertips! Take the TTC Subway Line 1 or Line 2 to Union Station, or up north, east or west to all the distant corners of the city. 

Dream Developments is one of Canada’s leading real estate companies. Their work includes land and housing across the globe, with commercial property and investments in Canadian renewable energy infrastructure. Having grown a fair bit since first opening in 1994, they are a publicly traded company active throughout the country.  Currently, Dream has projects in various stages in Toronto, Regina, Saskatoon, Calgary, Ottawa and more.

Condo development boomed throughout the 2000s and 2010s in the entertainment district just minutes to the west and in the centre of the city. Now that that development has become more dense, the surrounding neighbourhoods are next. We’re beginning to see new development priorities – community sustainability, and style, design and amenties proliferate throughout the downtown core.

Average selling price of pre-construction condos in Toronto is at a healthy high $400K range, meaning that despite all the existing developments, the hunger for new properties is alive and well and now is still an excellent time to invest in the projects throughout Downtown. 

So much of the downtown core of Toronto has been redeveloped, The Canary District was one of the last holdouts. Now that it’s being redeveloped in this way, it represents one of the last neighbourhoods within the core to go through such a radical transformation. As such, The Kilmer Group is ensuring that this project is bold, expansive and visionary. They are including rental residences alongside condominiums, as well as creating community centres and meeting places for various groups within the community including the indigenous community. 

With that in mind, it’s easy to see why Canary District is turning so many heads. This Canary 5 represents not just another phase in this development, but perhaps a new phase in Toronto condominium living in general. As a result, suites are expected to sell quickly.

Canary House Property Details

    Developer(s): Dream, Kilmer Group, Tricon Residential
    Architect(s): BDP Quadrarngle, Two Row Architect
    Building Type: Condominium
    Ownership: Condominium
    Building Status: Pre-construction
    Selling Status: Platinum Access
    Storeys: 13
    Suites: 206
    Suite Type: 1 - 3.5 Bedroom(s)
    Suite Size: 461 - 954 Sq Ft
    Ceiling Height: Up to 9 '0"
    Launch: 2021
    Estimated Completion: 2024

Building Amenities

  • BBQ Area
  • Fitness Room
  • Zen Garden
  • Coworking Lounge
  • Outdoor Fire Pit
  • Multi-Purpose Room
  • Outdoor Terrace with Dining
  • Rooftop Garden Terrace
  • Pet Spa
  • Library
  • Concierge Attended Lobby
  • Entertainment Room
  • Party Room

Pricing & Fees

Price: From $589,900 to over $1,259,900
Cost of Parking: $80,000.00
Cost of Locker: $6,500.00
Deposit Structure:
$5,000 on Signing
Balance to 5% in 30 days
5% in 150 days
5% in 600 days
5% on occupancy

INTERNATIONAL DEPOSIT STRUCTURE (35% total)
$5,000 with signing of Agreement
Balance of 10% in 30 days
10% in 200 days
10% in 600 days
5% on Occupancy

Current Incentives

Special Opening Pricing

$10,000 off the Purchase Price of a 1 Bedroom/1 Bedroom + *
$20,000 off the Purchase Price of a 2 Bedroom/2 Bedroom +/3 Bedroom/3
Bedroom+ *

Extended Deposit Structure
$5,000 Deposit at Signing
Balance of 5% in 30 days
5% in 150 days
5% in 600 days
5% at Occupancy

And More!!

•$0 Assignment Fee **
•Development Charges and Levies capped at:
$ 11,900 Studios, 1B/1B +
$ 14,900 2B/2B +
$ 15,900 3B/3B+
•Amendment giving consent to lease during Occupancy***

* Reduction in price will occur at time of sale.
**On the first Assignment for qualifying Assignee subject to Vendor’s conditions for Assignments being met.
***Available By Request.

Location

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