Last Construction Update - August 18, 2023
Celeste Condos is a new pre-construction condo development by Diamond Corp and Alterra. Coming soon to 125 George Street in Downtown Toronto.
- 4 mins from Queen subway Station
- Steps from the George Brown College
- 15 mins from Ryerson University
- Walk score of 96 out of 100 & Transit Score of 100 out of 100
- Close to local amenities
- Countless shops and restaurants along the street
- Close to Massey Hall, Ed Mirvish Theatre, CN Tower, Rogers Centre, Scotiabank Arena, St. Lawrence Market, and the Distillery District
- Nearby parks include Moss Park, St. James Park, and Sculpture Gardens
- This development has 5 story podium with 39,751 sq. ft of office spaces and indoor/outdoor amenities on the fifth floor for the residents to use.
Why 125 George Street Condos?
It’s projected that very soon Toronto will have the most high-rise condos in the world, and young professionals continue to find the downtown core and West End an attractive spot for starting a family and making a home. Toronto’s growth continues its an upward trend, and so will Toronto’s most vibrant region. Nowhere is this likely to be more true than the Downtown Core, and with neighborhoods like the Garden District, Cabbagetown and Church & Wellesley going through unprecedented change and construction now is an excellent time to look into investment in the area.
Condo prices in the Toronto sit healthily in the high $400K range, and continue to grow by about 10% every year. With this robust and ambitious plan, St. Thomas is looking to build a community that will stand the test of time right in the heart of the city. And with so many draws, like Universities, Campuses and Businesses so close by, this will always be an attractive area for students and young professionals looking for an easy commute.
Living at Church and Dundas provides residents an unparalleled urban experience, and with many new projects going up in the popular downtown core of the city, few projects are as in-demand as 125 George.
About the Developer
Alterra is a pro lific real estate developer within the GTA. Building inclusive, intelligently-designed communities for over 40 years, Alterra doesn’t just develop buildings, they strive to elevate the neighbourhoods they build in. By helping to shape the aesthetic of a neighbourhood, Alterra ensures that residents remain happy with their homes over the long term. Through catering each development to it’s surroundings, Alterra has cultivated a varied, diverse portfolio of over 5,000 homes. Each project is different and tailored to the location across the GTA. And with their commitment to the highest standards in construction and material, these projects are built to be sustainable and keep families happy for decades. Diamond Corp is a development firm known for it’s sleek, stylish urban architecture. A maverick group in some ways, Diamond Corp was founded on the idea of being independent, making choices and negotiations on their own terms, and being a progressive voice in the real estate development world.