Kelly Pickard-Lefterys
Sales Representative
Centricity
241 Church St, Toronto, M5B 1Z4 ON
- Graywood Developments
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Property Details
Property ID:
City:
Price Range:
Unit Size:
ND002436
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Toronto
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$595,990 - $1,610,990
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380 - 1215 sq ft Sq Ft
Total Units:
Stories:
Completion:
Maintenance Fee:
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594
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53
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Late 2027
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$0.70 per sq ft
NOW LAUNCHED!
Centricity puts you right in the middle of it all in Toronto’s downtown core at Dundas & Church. Where everything your heart desires is just steps or a bike ride away – morning, day, and night. Where you’re plugged into Toronto’s multi-dimensional transit system that connects you to the universe beyond. Explore a multitude of surrounding downtown Toronto neighbourhoods, each with their own unique vibe. Or get in and out of the city from Union Station or the Gardiner Expressway. Whether you branch out far or near, you’re always pulled back to the centre of your world at Centricity. Welcome to Centricity. It’s your home base within the beating heart of downtown Toronto – at the centre of everything. Where your lobby doors open to a vibrant, infinite universe around you. To the bright lights of the city. To entertainment, fashion, retail, education, cuisine, and culture. To new experiences and new adventures beyond your wildest imagination. Experience everything all at once at Centricity.
experience everything all at once | feel the pull to the centre
RENTAL OPPORTUNITIES
| Toronto Metropolitan University | George Brown College | University of Toronto |
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| Area Population Growth | Downtown Rental Rates | Downtown Vacancy | Toronto on the Rise |
| The downtown core has led GTA’s population growth due to high concentrations of students & young professionals. Its population is expected to grow 98% by 2041. | Condo rental rates are sizzling in the core with the highest annual increase in the GTA of 24%, with the average unit renting for $2,583 (or $3.78 PSF). | With rental demand flowing back into the core, vacancy rates dropped to 1.4%. Along with stalled purpose-built rental construction, demands shifts to condo rentals. | The fastest growing city in North America, Downtown Toronto is an employment mecca with 37% of all jobs, adding 316,000 new jobs by 2041. |
| Student Housing Shortage | Record Condo Lease Activity | Positive Net Migration | Canada's Strong Growth |
| Toronto Metropolitan University has lost 590 student housing beds, short of meeting the demands of its 46,000 off-campus students. | GTA condo rentals reached a new market high at 13,969 leases, up 6% from last year’s record Q3. The increase in rents is strongest in the core at 6.2% YoY. | 66,455 people immigrated to Toronto in the Q1 of 2022. Under the Immigration Level Plan, Canada will reach its highest levels of immigration in history 2023-25. | Canada is expecting strong yearly population growth, with 465,000 new immigrants in 2023, 485,000 in 2024, and500,000 in 2025. |
AMENITIES
20,000 + sq ft of indoor and outdoor amenities
| Sixth Floor Amenities | Seventh Floor Amenities |
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DEPOSIT STRUCTURE
$10K on signing
Balance of 5% in 30 days
5% in 180 days
2.5% in 380 days
2.5% in 540 days
5% on occupancy
SUITE STYLES
Your suite is your personal sanctuary inside the Centriverse where you can escape, recharge and enjoy the comforts of everything modern living has to offer. Everything from built-in equipment to neutral-toned Scandinavian inspired kitchens to the sleek fixtures and hardware. Not to mention spa-inspired bathrooms and cozy living spaces all complemented by expansive windows.
| Suite Type | Approx Sq Ft | Starting Prices |
| Studio | 380 | High $500Ks |
| Jr 1B | 380 - 390 | Low $600Ks |
| 1B | 445 - 480 | Mid $700Ks |
| 1B+D | 495 - 640 | Low $800Ks |
| 2B | 640 - 700 | High $900Ks |
| 2B+D | 720 - 765 | Low $1.1Ms |
| 3B | 810 - 1,215 | Mid $1.2Ms |
| 3B+D | 895 - 1,045 | Mid $1.3Ms |
FLOOR PLANS
FEATURES & FINISHES
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We do not represent the builder; we represent you!
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Properties Last Update UTC Time: 2024-12-27 01:51
