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
0-minute walk from Centricity
46,000+ students
1,700 bedrooms available on campus
Campus houses <4% of student population
12-minute walk from Centricity
33,000+ students
500 bedrooms available on downtown campus
Campus houses <2% of student population
6-minute bike from Centricity
65,000+ students
3,500 bedrooms available on St George campus
Campus houses <6% of student population
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
Spin Studio
Multimedia Lounge
Multimedia Room
Co-Working Space & Lounge
Fitness Studio
Yoga & Meditation Studio
Outdoor Fitness Area
Bike Repair & Wash Station
Children's Party Zone
Outdoor BBQ & Dining Area
Outdoor Lounge Area
Outdoor Dining Area
Indoor Party Room
Rooftop Seating
Dog Running Area
Theatre
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.
We
do not represent the builder; we represent you!
Property Attachments
Location
Address:
Community:
241 Church St
Church-Yonge Corridor
City:
Postal Code:
Toronto
M5B 1Z4
Area:
Province:
ON
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Properties Last Update UTC Time: 2024-12-27 01:51
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