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28 Eastern Condos, Toronto
Coming SoonCondos

28 Eastern Condos, Toronto

Toronto ·

Overview

About 28 Eastern Condos, Toronto

28 Eastern Condos is a new condo project by Alterra Group of Companies and is currently in pre-construction. 28 Eastern architect is designed by Teeple Architects. The new project will be located at 28 Eastern Avenue in Toronto. The major intersection is Front Street East & Sherry Street. 28 Eastern Condos will be 12 storey tower with 331 mixed condo units. Units will be a mix of 157 one bedroom, 145 two bedroom and 29 three bedroom layout. The estimated completion date for 28 Eastern Condos is still unknown. 28 Eastern Condos will feature 6,695 sqft of indoor amenity space and 6,684 of outdoor amenity space. Residents will also have a 2nd storey outdoor central courtyard. The building will feature 15,317 sqft of retail space on the ground-level. The building will have a two level underground parking garage which will contain 115 spaces and a total of 338 bicycle parking spaces. Over the past ten years, the Corktown neighbourhood has undergone a spectacular revitalization, with even more to come. The neighbourhood spans from trendy Eastern Ave/King St East down to the Gardiner Expy, west to Parliament Street and East to the Don River, which includes the popular Corktown Commons, an 18-acre park. The commons features walking and biking trails, a marsh, sprawling lawns and communal features like an outdoor fireplace and picnic tables. 28 Eastern Condos will contribute to the rejuvenation of the area, which includes the “design district” of King Street East plus a mixture of greenspace, heritage buildings and factories, and new condo communities. Community and recreation facilities, like the brand-new YMCA are within walking distance. Restaurants, trendy coffee bars and cafes are a few blocks away on King Street East, and both the Distillery District and St. Lawrence Market are close as well. This building has an 89 on its Walk Score and an 89 on its Transit Score. The site is served by both the King streetcar, which runs all the way downtown, as well as the Cherry Streetcar, which was implemented specifically for the growing neighbourhood and will take you right into the Distillery District. In addition, the city of Toronto is exploring options for a relief subway line and has indicated the preferred route for a relief LRT would place a station right at the corner of King Street East and Sumach, a two-minute walk from the condo building. The site also provides easy access to the Don Valley Parkway and Lakeshore Boulevard for those commuting by vehicle. Come and see why so many students, artists, executives and young families are choosing to live, work, play and relax in this east end eighbourhood.

Address

28 Eastern Ave, Toronto, ON M5A 1H5, Canada

Home type

High-rise

Deposit

Coming soon

Occupancy

Move in 2024

Why invest here

    Platinum incentives

    • ●Absolute first access to pricing and floor plans
    • ●The best incentives and promotions
    • ●Extended deposit structures
    • ●Capped development levies
    • ●Right of assignment
    • ●Free lawyer review of your purchase agreement
    • ●Free mortgage arrangements

    Location & lifestyle

    28 Eastern Ave, Toronto, ON M5A 1H5, Canada · Toronto

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    What would this cost per month?

    Mortgage estimate — 28 Eastern Condos, Toronto

    Based on the starting price of $500,000. Adjust the numbers to match the suite you're considering.

    $500,000
    20% · $100,000
    4.49%

    Amortization

    Estimated payment

    $2,212 /mo

    or $1,021 bi-weekly

    Mortgage amount
    $400,000
    First payment — interest
    $1,483
    First payment — principal
    $729
    Total interest over term
    $263,501

    Need land transfer tax and closing costs too? Open the full calculators.

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