Sugar Wharf Condos
A New Waterfront Residential Community In The Heart Of Toronto
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Sugar Wharf Condos is a new proposed multi-phase, urban combined-use waterfront development that will include a 600,000 sq-ft., 24-storey office tower, 300,000 sq-ft of commercial retail space, a new high-rise residential community and a two-acre community park. It’ll occupy the 11.5 acre site where the LCBO flagship buildings are currently located, which is on the northeast corner of Queens Quay E., and Freeland Street.
This luxury real estate development project is presently in pre-construction and will house approximately 6 monolith towers. The first phase of residences will comprise of two-twin residential masts and are predicted to soar 79 and 80 storeys with 1,927 units, subsequently rising above a shared podium structure which are broken up into multiple volumes with heights of 3, 6, and 12 storeys. In counterpoint to the towers, the podium volumes are quadratic, with multiple cladding sorts to enhance visual appeal to the facades. Menkes is spearheading this waterfront revitalization project along with architectsAlliance. The projected closing date is slated for 2022.
Come to expect an anticipated selection of various layouts being proposed at Sugar Wharf high-rise project, which will comprise of 65 bachelor suites, 1,078 one-bedroom units, 593 two-bedrooms and 191 three or more bedroom dwellings. The large offering of one-bedroom suites delivers to address market demand, the project's contribution of the numerous two and three-bedroom units would establish new housing possibilities for families alongside the waterfront.
Residents would be served by a way of a four-level underground parking garage accommodating 478 parking spaces, along with 416 spaces for residents and 62 for visitors. Further, 1,971 bicycle parking slots would be supplied, creating what could thoroughly be one of the largest bicycle parking facilities in the city.
This is a vast swath of underused prime real estate, which encompasses four city blocks. Menkes is looking to transform this post-industrial waterfront property into a luxurious multidimensional 24-hour work, live and play destination for all to relish in. The new community will have a two-acre park on the north side of Queens Quay, between Freeland and Cooper streets. Menkes foresees Sugar Wharf Condos as being a central focal point and a meeting place for the whole neighbourhood. The park is envisioned as an active-use green space that will serve both its new residents and the broader city centre populace.
Menkes is known for their well appointed building amenities that usually encompass their projects, come to expect a 24-hr concierge, workout facility, party room, movie screening room, outdoor landscaped terrace with fire pits and bbq stations, a great place to entertain friends and family.
Sugar Wharf Condo Project Flagship Locale
Commuting is made easy by using public transportation. Buses and a streetcar, services this up-and-coming community connecting you to subway stations. Drivers have easy access to on-ramps linking you onto the Gardiner, DVP and Lakeshore Blvd. Transit will be adjusted within future years, with a purpose to accommodate the population growth for the area. There are plans to implement a light rail line along the Queens Quay stretch, which will extend to Parliament Street. Plans by the TTC will even include extending the route into the East Don Lands.
The Sugar Wharf buildings will be surrounded by creativity, inspired by arts and culture and driven by innovation. Inhabitants who will call this area home have access to a phenomenal lifestyle, residents and visitors alike will have access to year round vibrant outdoor leisure spaces such as Sherbourne Common, Sugar Beach, three marinas, wave decks, cultural activities at Harbourfront, the Water’s Edge Promenade, a boardwalk and so much more. Once this project is completed, it will be a fully integrated blended-use sustainable, visionary gateway, making this a prime lakefront address in the city.
Luxurious shopping and restaurants are only also steps away. It’s also easy to get to hotspots like the Financial and Entertainment Districts, The Distillery, or the historic St. Lawrence Market. Thanks to new educational opportunities in the area, plus proximity to the downtown core and several high-density employment districts, the neighbourhood sports a lively mix of residents, including professionals, students and downsizers alike. This makes it a great development to consider purchasing or investing in.
According to the City of Toronto's Lower Yonge Precinct Plan—the area from Yonge to Jarvis south of the Gardiner to Queens Quay, is wherein about 35,000 people would live work and play. Be one of many who will soon call this enterprising hood their new urban oasis. The time to invest on an area like this that is growing is now, whilst it’s still on the verge of its full potential. High-rise city everywhere.
Menkes Developments Ltd
Menkes was a well-known builder and developer of single-family homes and neighbourhoods throughout the GTA. Along the way, the firm angled into the competitive condominium marketplace, understanding this kind of housing will be the way of the future.
They are a fully-integrated company, where they're involved in the construction, ownership and management of of several commercial, industrial and residential properties. To date, the company boasts over 20 million-sq-ft., of commercial space and more than 15,000 homes.
With long-standing values about integrity, innovation, social connection and meaningful urban life, their work continues to influence Toronto's modern condo market and provide desirable addresses one can call home. We're very excited and can't wait to share more info with you for Sugar Wharf Condominiums.