Encore Theatre District

By: Plaza

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Platinum Incentives

  • 1 Year free maintainance
  • Capped Development Charges
  • Leasing During Occupancy
  • Free Assignment
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Project Summary

You’re not going to get many more opportunities to own in a location like this. Most of the central downtown core has been developed, so this is one of the final chance to land a property that’s in the middle of it all.

Encore District Condos is located in the heart of the Entertainment District, which has become one of Toronto’s premier neighbourhood. With professional sport venues, top restaurants and bars, and so much more right around the corner, you don’t want to miss your opportunity to make this your next investment.

This condominium development is being developed by Plaza alongside their sister tower, Theatre District Condos. This will be a mixed-use development, with the first 23 floors being allocated to hotel use.

Price Range

600,000 - 700,000

Deposit Structure
  • 7% on signing up
  • 7% in 30 days
  • 1% in 60 days
  • 4
  • 5% on occupancy
Completion

2025-27

Location

28 Widmer St, Toronto, Ontario, Canada

Location & Neighbourhood

This tower is located in the heart of the Entertainment District, which will put future residents only a few steps away from everything they could ever need. This is evidenced by the project’s perfect Walk Score of 100/100. This indicates that you can accomplish your daily errands without the use of a car.

There’s no overstating the phenomenal transformation that this neighbourhood has undergone. As of the end of 2017, there are more than 25,000 people living here, which is a dramatic increase in a neighbourhood that had fewer than 10,000 residents in 2010. This number is expected to continue growing, with the neighbourhood’s own study predicting that this population number will double in just 5 years. This may seem crazy, but the vision starts to become clear when you consider that there were 22,219 individual units under construction as of December 2017.

The employment growth has actually managed to outpace the residential growth over the past few years. The working population consists of 85,000 jobs in the area, and that number is expected to continue growing to 100,000 jobs in five years. Perhaps this is why the average household income in the area is an impressive $117,934

Amenities

These condos will be part of Concord Park Place, which is being developed by one of the most influential developers in Toronto, Concord Adex. They’re renowned for playing one of the most influential roles in shaping Toronto’s skyline by developing the the CityPlace master-planned community, which was pivotal for fleshing out the cityscape from the waterfront.

We expect the same thing to happen with Park Place. This will be a walkable and integrated new neighbourhood with plenty of shops in the ground level of the buildings.

This trio of buildings will feature an innovative twist on the railing balcony with a curved European flair along its signature stature. Each building will have its own impressive and unique view of the 8 acre parkland surrounding this preconstruction development. Sharing one pavilion-style podium, this project will be the epicentre of this new neighbourhood.

Suites throughout this project will range from junior 1-bedroom units starting at 372 to 455 square feet. 1-bedroom units ranging from 555 to 711 square feet. 1-bedroom plus den units ranging from 727 to 875 square feet. 2-bedroom units will range from 727 to 1172 square feet and 3-bedroom units will range from 1168 to 1698 square feet. There will surely be a layout perfect for any walk of life.

Development Details

Encore Theatre District By: Plaza

Sales Status: Building Type: Suite Sizes:
Platinum Pre-Construction Condo 448 sq.ft to 1,654 sq.ft
Starting Price Per Square Foot: Parking Price: Maintenance Fees:
$ 1,339.28/sq.ft $ 120,000 $0.75/sqft.

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