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Emad Vafaei
Real Estate Sales Representative | Specialized in Pre-Construction Investment
Asked a question last year

199 Church Condos, is it a good investment?

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199 Church Condos59 (used to be MODE Condos) is a new pre-construction Condo project located at a AAA Downtown location near Church and Dundas developed by CentreCourt. The Project includes condos units as well as retail at the podium level. 199 Church59 consists a total of 37 stories and 464 units. 50% of the suites are priced below $649,990 and 2 bedroom suited in the $800’s.

199 Church Condos
199 Church Condos

The most important place at 199 Church59 is your suite. Designed to complement your life story and its many chapters, this is where you will be happy, comfortable and restful. Light and bright, every suite here has expansive windows, a sleek kitchen, and spa-like bathrooms. Every little detail of your suite offers that necessary measure of luxury you deserve.

199 Church Condos59 is a luxury pre-construction condominium developed by CentreCourt Developments and Parallax Development Corporation is located at 199 Church Street 59(Church and Dundas E). 199 Church Street Condos59 is planned to stand 39 storeys-high and contain 484 units, designed by IBI Group.

In this busy environment, there’s one place that accommodates your every state of being. That place is 199 Church59, your home in this big city. Every place that is important, everything that’s necessary is steps from 199 Church59. Tucked in the heart of downtown, convenience lives here.

 

199 Church Condos Highlight59:

  • world-class Walk and Transit score of 100 out of 100
  • located in the Heart area of Downtown Toronto
  • less than 5 mins walk to Ryerson University
  • less than 5 mins walk to Eaton Centre, Cineplex, Winners and more
  • less than 10 mins walk to Toronto City Hall, George Brown College, Allan Gardens, and Cabbagetown
  • World-class entertainment within walking distance (Ed Mirvish Theatre, Massey Hall, AGO and more)
  • 12 mins to Union Station by bus
  • 40 mins to Pearson International Airport by UP Express train from Union Station
  • 9 mins walk to the Greyhound Canada Transportation
  • Delicious restaurants can be easily found along Yonge Street
  • Short commute time to U of T and George Brown College Waterfront campus
  • Nearby parks include Trinity Park and Labyrinth, Moss Park and Larry Sefton Park
  • Close to Five Major Hospitals included St. Michael’s Hospital, Sick Kid’s Hospital, Toronto General Hospital, Mount Sinai Hospital, Women’s College and Princess Margaret

 

Amenities : Featuring an asymmetric facade with a evocative horizontal contour placement that instills a strong sense of dynamism, this unique condo is a new construct that builds upon an existing 4 storey-high heritage building. As a mix of old and new, this future landmark boldly leads by example as it respectfully pays tribute to the past, melding its brick highlights in with its venerable predecessor. And, if CentreCourt’s other luxury condominiums are any indication, 199 Church St Condos59 will be just as full of premium features and cutting-edge design as its eminently designed siblings.

Location & Neighbourhood : A long list can be made detailing the many impressive shops and businesses located in the vicinity of this condo, but the truth is that when you are in the centre of it all, you become the centre. Here, from the inside looking out, things are either downtown — or they’re not.

For local residents here in the Garden District, the former points to a wealth of conveniences that are always available to an exclusive downtown crowd who experience life without any commuter lag. Unchained from the hassles of driving and parking, able to experience the city freely instead of as a series of destinations to muscle your way towards, it’s clear why this address has been awarded the unrivaled “Walker’s Paradise” Walk Score of 98, signifying that daily errands do not need a car.

Nestled in the thick of it all, residents here have their pick of the city’s best shopping, bars, and restaurants; here, residents can accomplish much of everything they need to do at local drugstores, post offices, and supermarkets like Metro and Longo.

199 Church Condos
199 Church Condos

In less than 5 minutes, residents can walk to the city’s top meeting area Yonge-Dundas Square, the city’s long-running downtown retail centre Nordstrom Toronto Eaton Centre as well as a 24-screen multiplex movie house. Meanwhile, the downtown campus to Ryerson University lies immediately to the north of Dundas, while St Michael’s Hospital and a Canadian Tire can also be found within this golden perimeter.

even with most everything located within walking distance, locals have the option of using a world-class public transportation system, one that is recognized as a “Rider’s Paradise” with an unsurpassable Transit Score of 100.

199 Church Condos
199 Church Condos

BUILDING & AMENITIES

BUILDING 

  • 24 hour, 7 days a week concierge
  • Security coded access fob for all residents
  • Two guest suites provided for resident’s use
  • Individual suite hydro, BTU and water metering
  • Automated parcel storage

SUITES

  • Smooth finished ceilings throughout
  • Choice of flooring throughout entry, kitchen, dining, living areas and bedrooms from builder’s standard samples
  • Painted baseboards, door frames and casings
  • TV/telephone outets in living/dining room and bedrooms
  • Smoke detectors and sprinkler system

KITCHENS 

  • Kitchen cabinetry from builder’s standard samples
  • Countertop from builder’s standard samples
  • Undermount stainless steel sink

APPLIANCES 

  • Refrigerator
  • Cooktop and oven
  • Microwave
  • Exhaust fan insert
  • Dishwasher
  • Stacked washer and dryer

BATHROOMS 

  • Countertop from builder’s standard samples
  • Tile from builder’s standard samples
  • Sink and faucet
  • Bathroom cabinetry from builder’s standard samples
  • Bathtub with shower curtain rod, faucet, controls and shower head, as per plan > Shower with enclosure, as per plan
199 Church Condos
199 Church Condos

Top 5 Reasons to invest in 199 Church Condos59

1.Location

Church and Dundas is right in the heart of an area known as the Garden District. This highly dense sector of the downtown core is known for it’s bustling city lifestyle. Just on the east side of Yonge, the Garden District envelopes most of the Ryerson University campus, Massey Hall, and countless shops, restaurants and attractions. Spend the afternoon getting inspired at the Art Gallery of Ontario, just a short walk away, or take in a movie at the charming Carlton Cinema.

Walking distance to the world-famous Eaton Centre Shopping Mall, the Garden District is essentially the epicentre of the city – with concerts and all kinds of city events being hosted in the glitzy Yonge & Dundas Square, and overflowing into the rest of the city. Festivals, parades, and cultural events make this neighbourhood a vibrant urban centre. 

 

This section of Yonge Street has a storied history, often associated with the iconic “Sam The Record Man” neon sign that used to hang above the famous record store, and now has a permanent home at Yonge & Dundas Square. Many shops once considered Toronto landmarks have disappeared in the past few decades, but they are not forgotten, and the new projects in the area have focused on holding onto that central Toronto identity by mixing high-rise living with office and retail space on lower levels. As Ryerson University continues to expand, students have moved into the area, bringing with them energy and excitement. Unique attractions like Karaoke bars, and escape rooms, board game cafes and boutique bars have cropped up, creating new traditions and landmarks. 

Greenspaces are abound in the area like the spectacular Allan Gardens just nearby – a historic green space with decades of history in the city, complete with off-leash dog park, multiple charming pathways, and a gorgeous canopy of trees. Other parks like Moss Park are nearby, and with unique neighbourhoods like Church & Wellesley and Cabbagetown just a short walk away, there’s always something fun or interesting going on nearby. 

199 Church Condos
199 Church Condos

2.Amenities

199 Church59 will have a dynamic, ground-breaking design, featuring an asymmetric facade that builds upon a 4 storey heritage building. An inspiring mix of old and new, this building will body rise to join the Toronto skyline, while paying homage to the neighbourhood’s roots. 

CentreCourt is known for it’s luxurious amenities, and 199 Church59 will continue that tradition. Details are still yet-to-come, but are expected to maintain CentreCourt’s commitment to ensuring world-class amenities for future residents. 

With 37 storeys, 199 Church59 will make room for 464 suites with multiple floor plans and bedroom counts. 

3.Transit Options

The most famous, and busiest road in Toronto, Yonge Street, is one of the longest streets in the world, and begins at the shore of Lake Ontario, and carries all the way north to Barrie. Other major streets in Toronto, Dundas, Bloor, Queen, King, and University form a grid foundation for which the entire city’s transit network rests. Travelling across the GTA is simple even just from these main streets which carry off in every direction towards the eastern and western reaches of the GTA, like Scarborough, Durham Region, Etobicoke, Peel Region and Halton Region to the east and west, as well as York Region in the north. 

Public Transit is robust and ever-present in downtown Toronto thanks to the Toronto Transit Commission (TTC), with major subway lines, streetcar lines and bus routes all converging within the downtown district, and funnelling through the hub of Union Station, in the southern end of the Entertainment District. From here, travellers, commuters and explorers alike have seemingly unlimited options. The UP Express Train connects Union to Lester B. Pearson International Airport in Mississauga, the GO Transit infrastructure runs commuter rail lines across the entire GTA and beyond, and VIA Rail provides inter-city transit along the Quebec-Windsor Corridor, the most populous region in all of Canada. 

199 Church59 is located in a singularly convenient crossroads in Toronto. You can hop onto the subway in five minutes from your front door to just about anywhere in the city, but for most needs and desires, you need look no further than the Garden District. Easy commutes to Ryerson University and George Brown College St. James Campus, makes 199 Church59 a perfect place for students to settle in. And easy walks to shopping malls, supermarkets and even St. Michael’s Hospital mean that everything is conveniently located – you’ll probably be able to see it from your window!

199 Church Condos
199 Church Condos

4.The Developer

CentreCourt Developments is a relatively recent emergence on the Toronto Condominium scene, but they’ve made quite a splash since their founding in 2010. With projects already completed like INDX, Karma, and Peter Street Condos all within the downtown core, CentreCourt has established itself as a fixture of the Toronto skyline. 

Convinced the Toronto housing market won’t slow down any time soon, CentreCourt is pursuing new projects in the city with verve and excitement. Focusing on details, communication and hands-on decision making, CentreCourt is eager to continue to prove itself as one of Toronto’s most trusted developers. 

Ever since it’s founding, CentreCourt has worked hard to produce homes and communities of the highest standard, and the 55 Mercer project seems to be a continuation of their dedication to excellence. 

 

5.Investment Opportunities

 

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 it’s upward trend, and so will Toronto’s most vibrant region. Nowhere is this likely to be more true than the Downtown Core, and with neighbourhoods 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 199 Church59.

199 Church Condos
199 Church Condos