Prime Condos by CentreCourt Developments will be located at 319 Jarvis Street in the Garden District of downtown Toronto. The building will be a 50-storey tower that has a total of approximately 500 residential suites and an expected occupancy date of 2020.
Prime Condos will have various amenities spaces (details yet to be finalized) both indoor and outdoor, including a 24-hour concierge service, a fitness facility and a business centre. Moreover, the building is going to be constructed by CentreCourt Developments, a developer with ten high-rise residential projects currently in various stages of development and whose portfolio consists of many high-quality projects including Karma, INDX, Transit City, Grid, and Axis Condos.
Conveniently located in the heart of downtown, steps from Yonge and Dundas Square, PRIME’s location is its best-selling feature. One of the best-connected condos in the city, whether it’s the Financial District, Ryerson Campus or the world-class health science sector and technology accelerators, every place that matters is simply minutes from PRIME’s front door.
The location of Prime Condos has an almost perfect Walk Score of 96/100, meaning completing daily errands does not require a car, and can be accomplished on foot. Furthermore, the building location has a perfect 100/100 Transit Score, meaning various types of transit options including Dundas Subway Station and 24-hour streetcars are nearby and very accessible.
Various schools including the University of Toronto, Ryerson University, OCAD University and George Brown College are only a few minutes away. These schools generate more demand for off-campus rental units in and around the area, especially for buildings with such an excellent location like Prime Condos. Investing in the downtown Toronto core can be relatively safe due to higher demand from both students and white-collar workers looking for homes nearby their school and/or workplace.