There is a new application to develop the property at 77 River Street in Toronto just north of King Street East where the current Salvation Army is located. The application is for a total of five hundred and seventy eight condominium suites in two separate condo buildings standing twenty six and thirty four floors high. There will also be an allocation for a total of about fifty five thousand square feet of retail space on the first and second floors, as well as about eighty six thousand square feet of office space on the third and fourth floors of the property. The proposal also has set aside three hundred and sixty four parking spaces in three floors of underground parking. This application was submitted on June 17, 2014 and limited information is available.
The location of 77 River Street in Toronto is just to the west of the Don Valley Parkway and north of King Street East. The property has a walkscore of 93 which makes it easy to get everything you will need without a car, and it has a transit score of 100 as there are many public transportation routes available, and the location even has a biking score of 98 which shows you can get around on a bike as well. The public transportation routes include the T.T.C. streetcars on King Street East and Queen Street East. There is also easy access to the Don Valley Parkway to the east which connects to the Gardiner Expressway or you can head north to Highway 401. The grocery stores nearby include major chains such as Sobey’s and Rabba Fine Foods, as well the closest mall is Toronto’s Eaton Centre to the west. The property will be situated near the Corktown Common to the south which is a fifteen acre park that will service the entire neighbourhood and be one of the major locations during the Pan-Am Games of 2015 in Toronto.
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