Filmores Hotel Redevelopment212 Dundas Street East, Toronto, ON, Canada
A historic building on Dundas St. East is about to see a stunning rejuvenation. The Filmores Hotel Redevelopment is an exciting new condominium project developed by Menkes and Core Development, and is expected to bring new life to this historic hotel building, considered a heritage property due to it’s stunning Edwardian Classical Facade.
The final building designs have yet to be completed, but Menkes has also purchased the parking lot next door, so it is expected that the final design will incorporate the Filmores Hotel facade, while also bringing new aesthetics to the street.
With a prime location, a trusted developer, stylish architecture, and a booming neighbourhood, the Filmores Hotel Redevelopment is expected to be a new hot-button item in the Garden District of Downtown Toronto. Keep reading to learn why we’re so excited
Top 5 Reasons to invest in the Filmores Hotel Redevelopment
Church and Dundas is right in the heart of an area known as the Garden District. This highly dense sector of the downtown core is known for it’s bustling city lifestyle. Just on the east side of Yonge, the Garden District envelopes most of the Ryerson University campus, Massey Hall, and countless shops, restaurants and attractions. Spend the afternoon getting inspired at the Art Gallery of Ontario, just a short walk away, or take in a movie at the charming Carlton Cinema.
Walking distance to the world-famous Eaton Centre Shopping Mall, the Garden District is essentially the epicentre of the city – with concerts and all kinds of city events being hosted in the glitzy Yonge & Dundas Square, and overflowing into the rest of the city. Festivals, parades, and cultural events make this neighbourhood a vibrant urban centre.
This section of Yonge Street has a storied history, often associated with the iconic “Sam The Record Man” neon sign that used to hang above the famous record store, and now has a permanent home at Yonge & Dundas Square. Many shops once considered Toronto landmarks have disappeared in the past few decades, but they are not forgotten, and the new projects in the area have focused on holding onto that central Toronto identity by mixing high-rise living with office and retail space on lower levels. As Ryerson University continues to expand, students have moved into the area, bringing with them energy and excitement. Unique attractions like Karaoke bars, and escape rooms, board game cafes and boutique bars have cropped up, creating new traditions and landmarks.
The Filmores Hotel itself is a landmark itself. Built in 1915 as the Wilton Court Private Hotel, and has been used for a number of purposes over the past 100 years. In 2016 the city designated it a heritage property, and since then the property has been open to development offers.
Greenspaces are abound in the area like the spectacular Allan Gardens just nearby – a historic green space with decades of history in the city, complete with off-leash dog park, multiple charming pathways, and a gorgeous canopy of trees. Other parks like Moss Park are nearby, and with unique neighbourhoods like Church & Wellesley and Cabbagetown just a short walk away, there’s always something fun or interesting going on nearby.
Although a full list of amenities for the building have yet to be released, we’re expecting a number of the standards – fitness rooms, shared spaces for hosting – with the level of polish and modern furnishings that have come to be synonymous with Menkes projects. This will mean that a high standard of resident amenities will be available without even leaving the building.
For everything else, errands will be quick and convenient. The project has a walk score of 99/100, meaning that just about everything from shopping, dining, and entertainment are all within a short walk.
The most famous, and busiest road in Toronto, Yonge Street, is one of the longest streets in the world, and begins at the shore of Lake Ontario, and carries all the way north to Barrie. Other major streets in Toronto, Dundas, Bloor, Queen, King, and University form a grid foundation for which the entire city’s transit network rests. Travelling across the GTA is simple even just from these main streets which carry off in every direction towards the eastern and western reaches of the GTA, like Scarborough, Durham Region, Etobicoke, Peel Region and Halton Region to the east and west, as well as York Region in the north.
Public Transit is robust and ever-present in downtown Toronto thanks to the Toronto Transit Commission (TTC), with major subway lines, streetcar lines and bus routes all converging within the downtown district, and funnelling through the hub of Union Station, in the southern end of the Entertainment District. From here, travellers, commuters and explorers alike have seemingly unlimited options. The UP Express Train connects Union to Lester B. Pearson International Airport in Mississauga, the GO Transit infrastructure runs commuter rail lines across the entire GTA and beyond, and VIA Rail provides intercity transit along the Quebec-Windsor Corridor, the most populous region in all of Canada.
From the Filmores Hotel redevelopment, residents will have the entire city at their fingertips. You can hop onto the subway in five minutes from your front door to just about anywhere in the city, but for most needs and desires, you need look no further than the Garden District. Easy commutes to Ryerson University and George Brown College St. James Campus, makes Filmores Hotel Redevelopment a perfect place for students to settle in. And easy walks to shopping malls, supermarkets and even St. Michael’s Hospital mean that everything is conveniently located – you’ll probably be able to see it from your window!
Menkes is a Toronto-based developer with over sixty years of experience. Having started in the single family home sector, Menkes has expanded recently into the construction of condominiums, commercial, and industrial projects. Most well known for their work at North York’s City Centre, Menkes has made a real name for itself across the GTA.
Something of a family business, Menkes was founded in 1976 by Murray Menkes, and now Alan Menkes and his two brothers serve as co-presidents of the firm their father established. The team has a strong emphasis on family ties, values like integrity, social connection and meaningful relationships within the communities they create.
Though the traditions of this family business remain intact, Menkes has managed to build outwardly and expand into so many different facets of real estate. They continue to raise the standard in condominiums and commercial development, and apply the lessons they have learned back to their first passion – homes for families of the GTA. Homes like the ones at Lake & Town.
Core Development Group specializes in unique urban projects and is based in Toronto. With a strong family connection to the real-estate business, Core benefits from it’s CEO Corey Hawtin having been surrounded by the real estate industry his entire life.
Though they have relied on a great deal of experience in the field, this doesn’t mean they are an “old-school” developer. Core is famous for their energy and for their ability to push the boundaries of each and every project, injecting youthful energy and vision into the communities they develop.
Core Development works with the most accomplished leaders in the industry. A wide portfolio of projects and partners allows Core to be dynamic in it’s execution of projects. Having worked with groups like RAW Design, an award-winning architecture and design studio, Core has been able to adhere to five basic tenets throughout it’s many years in real estate. Those tenets are: direct deals, thinking differently, working in an open process, orient around the investors’ needs, and provide full service support.
With each project, Core is intent on delivering property acquisition, due diligence, financing, development management, construction, and project monitoring.
With every project, Core makes sure to develop not for today, but for the future, and uses cutting-edge design, and materials to bring about a higher-standard of functionality and livability. In the coming years, keep an eye on Core, as they continue to make a name for themselves in the GTA real estate scene.
It’s projected that very soon Toronto will have the most high-rise condos in the world, and young professionals continue to find the downtown core and West End an attractive spot for starting a family and making a home. Toronto’s growth continues it’s upward trend, and so will Toronto’s most vibrant region. Nowhere is this likely to be more true than the Downtown Core, and with neighbourhoods like the Garden District, Cabbagetown and Church & Wellesley going through unprecedented change and construction, now is an excellent time to look into investment in the area.
Condo prices in the city of Toronto sit healthily in the high $400K range, and continue to grow by about 10% every year. With this robust and ambitious plan, St. Thomas is looking to build a community that will stand the test of time right in the heart of the city. And with so many draws, like Universities, Campuses and Businesses so close by, this will always be an attractive area for students and young professionals looking for an easy commute.
With all the convenience of this area, a striking architectural landmark as it’s facade, and two trusted developers behind the project, it’s easy to see why the Filmores Hotel Redevelopment has everybody talking!
Filmores Hotel Redevelopment Property Details