CentreCourt Developments’ Grid Condos is a high-rise residential condominium project located at the corner of Dundas and Jarvis in downtown Toronto. It’s right next to Ryerson University’s campus and near other institutions such as St. Michael’s teaching hospital, George Brown College, Canada’s National Ballet School, and many more. The Dundas streetcar stops at Grid’s doorstep, and the Yonge subway is close by.
CentreCourt’s most recent project, Core Condos, located steps away from Grid Condos, sold out in a matter of days and Shamez Virani, CentreCourt’s VP of Developments, believes that the area is underserved.
“The main driver of what’s happening in the area is Ryerson. With nearly 40,000 students and major multi-disciplinary programs, Ryerson has become the fastest-growing university in the country. Kitty corner to our site are two parking lots which Ryerson is in the process of developing a sciences building, ensuring growth and demand for housing for years to come,” Virani says.
“We were really excited to acquire this site, which is literally a stone’s throw away from Ryerson’s campus, and we designed the project with the student in mind,” he adds.
Grid is expected to be popular with investors who will rent them out to students. It will also appeal to parents who will buy these suites for their children. End users will also find Grid extremely attractive; the excellent price point will attract faculty, hospital workers, and others who need to be close to their work in the downtown core.
“There are a lot of people who live, work, play, and learn in downtown Toronto,” says Virani.
