Celeste Condos

Celeste Condos  is a joint venture between Alterra and Diamondcorp, is a new pre-construction development located at 231 Richmond Street East, in the Moss Park neighbourhood of Downtown Toronto. With 516 suites spread over 40 storeys, this exclusive development offers an array of bedroom options from 1 to 3.5 and suite sizes ranging from 437 to 868 square feet.

The 5-storey podium boasts 39,751 square feet of office spaces and indoor/outdoor amenities on the fifth floor. Some of the highlights of Celeste Condos include its near-perfect accessibility score, with a Walk Score of 96 and a Transit Score of 100. Located in the community of Moss Park, this development offers convenient access to public transit options such as the Queen Streetcar and bus services on Sherbourne and Parliament Streets. Additionally, there is direct access to both the Gardiner Expressway and the Don Valley Parkway.

Celeste Condos offers its residents a wide range of attractions located nearby, including Massey Hall, Ed Mirvish Theatre, CN Tower, Dundas Scotiabank Arena, St. Lawrence Market, and Distillery District. The George Brown College – St. James Campus is just a minute’s walk away, while the Ontario Line Subway Station, the Queen and King East streetcar, and the St. Lawrence Market are just a few minutes’ walk away. Other attractions such as Ryerson University, the Distillery District, Thompson Landry Gallery, Dundas Square, and Dundas Subway Station are within walking distance. The area also has an excellent Walk Score of 96, Bike Score of 98, and Transit Score of 100.

Celeste Condos presents an excellent opportunity for investment, considering Toronto’s upcoming status as the owner of the most high-rise condos in the world. The downtown core and west end are attractive areas for young professionals and families, making Celeste Condos an ideal residential option. Also, the development offer easy commute options for students and young professionals due to its proximity to universities, campuses, and businesses. With unprecedented change and construction in the Garden District, Cabbagetown, and Church & Wellesley areas, now is a good time to invest in the area.

About Developer

Alterra, the developer of Celeste Condos, is a renowned real estate developer with over 5,000 homes built over a span of 40 years. They are committed to ensuring high construction and material standards, designing projects to be long-lasting and keeping families happy for decades. Diamond Corp, on the other hand, is a development company known for its sleek, modern urban architecture. They were founded on the idea of independence, making decisions and negotiating on their own terms, and being a progressive voice in the real estate development world.

Deposit Structure

The deposit structure for Celeste Condos is as follows: $10,000 on Signing, Balance to 5% in 60 days, and 10% on Occupancy. There are also several current incentives, such as FREE 2 YEAR MAINTENANCE, FREE RIGHT TO LEASE DURING OCCUPANCY, FREE RIGHT TO ASSIGNMENT, EXTENDED DEPOSIT STRUCTURE – PAY 5% UNTIL 2027, and CAPPED DEVELOPMENT CHARGES. Development charges are capped at $12,500 (+HST) for 1B+D& Smaller and $17,500 (+HST) for 2B & Larger.

Amenities  Celeste Condos

Some of the amenities available at Celeste Condos include private balconies for every suite, a 6,500 sq. ft. amenity area, a 24-hour concierge service, an automated parcel room, two party rooms, a kitchenette, a dining area, a lounge area, a private screening room, a private outdoor terrace with BBQ, terrace seating, private dining areas with BBQ, a co-working lounge, open working areas, a private meeting room, a dog run, a pet zone, a pet & bicycle wash, a family zone, an outdoor play area, an outdoor fitness area, an outdoor stretch area, a fitness studio, a yoga and stretch area, and a cardio & weight area. The Celeste Sky Lounge and City Viewer are located on the 40th floor, and there is also a viewing lounge, a fire lounge, an outdoor co-working area, a lake lounge, and a kid’s playroom.

Celeste Condos is an excellent pre-construction development offering exclusive living and a wide range of amenities. Its prime location in Moss Park, near various cultural, entertainment, and educational amenities, coupled with the developer’s commitment to high quality and long-lasting construction, make it a wise investment opportunity for real estate enthusiasts.