WELCOME TO RUSH CONDOS
520 RICHMOND STREET WEST - NOW SELLING
Alterra Developments is moving ahead with a stylish new mid-rise boutique condominium in Toronto’s trendy Fashion District. Branded as RUSH Condos, this attention-grabbing project fuses bold modern design with classic comfort. It will be built at 520 Richmond Street West, near the intersection of Richmond and Augusta Avenue in the heart of downtown Toronto.
This highly desirable neighbourhood is situated in a historic part of the city that has been earmarked for creative redevelopment, as it features a dense concentration of heritage buildings suitable for condominium and townhouse conversions. This condo project will be one of only a few newly built residential communities in this pocket of downtown, making it an intriguing proposition for home buyers and investors looking for unique ownership opportunities in a premium location.
Incentives: 15% Deposit 1st year - Free Right to Lease - Free Kitchen Island * $1,000 Assignment anytime
RUSH Condos: Project Profile
Planned as a contemporary boutique community, this project will feature a bold geometric design divided into two main vertical elements: a dark-hued, brick-dominated bottom half, and an airy, light-coloured upper half. All suites will have extra-wide windows to maximize natural light penetration, with the upper-floor units offering large private terraces where residents can relax and entertain guests.
Current reports indicate the building will peak at 13 storeys, with a total of 108 intelligently configured residential suites. The street-level podium base will also include commercial space, facilitating the possible future establishment of on-site retail conveniences.
Projections indicate that the floorplan mix will include:
- 50 one-bedroom suites
- 30 one-bedroom plus den suites
- 17 two-bedroom suites
- 11 three-bedroom suites
This development will also be replete with desirable amenities, including a professionally landscaped rooftop garden terrace and generously sized indoor common areas. An underground parking garage will provide capacity for up to 36 motor vehicles along with ample storage space for bicycles.
Real estate developers are also busy at work on a major redevelopment just south of the 520 Richmond Condos site, which will house a collection of seven new high-rise towers with office and retail facilities. This new seven-acre commercial project is expected to have a highly positive impact on condominium values in the adjacent streets, as it will be home to hundreds of jobs that will vitalize the local economy.
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Ideally Located in Toronto’s Fashion District
In addition to its location in a designated “regeneration area,” this project will also be nestled between two of Toronto’s busiest and best-known streets. Queen Street West is
just a stone’s throw to the north. On two occasions, this famous corridor has been named the coolest street in the world by Vogue magazine, and its signature lineup of
stylish fashion boutiques, trendy bars, hip eateries, and eclectic urban appeal continues to dazzle. Toronto’s King Street West sits just south of the condos site. Here,
you can indulge your taste for gourmet restaurants, gastropubs, first-rate theatre and cultural events, and fantastic shopping.
RUSH Condos is also within walking distance of dozens of major Toronto attractions, including:
- Nathan Phillips Square
- TIFF Bell Lightbox
- Clubland and Toronto’s Entertainment District
- Eaton Centre
- Air Canada Centre and Rogers Centre
- Kensington Market
You’ll also be able to take care of the vast majority of your day-to-day needs without a car, as 520 Richmond St W has an impressive Walk Score of 99/100. Transit
users will revel in the site’s perfect 100/100 Transit Score, with 24-hour streetcar service available in all four directions within steps of your future front door. The nearest TTC
subway station is Osgoode, at the corner of University Avenue and Queen Street West. From here, you can reach Union Station in a matter of minutes for easy connections to
the GO Transit network, intercity trains, and UP Express service to Pearson International Airport.
Drivers will enjoy the easy cruise to the Gardiner Expressway, which links directly to the Don Valley Parkway and other major routes including the QEW, 427, and 401. Under
normal traffic conditions, motorists can be on the Gardiner in about five minutes.
The neighbourhood is a biking and walking paradise with TTC access at every turn. Hop on and off the streetcar with ease or access the subway whenever your day calls for it.
RUSH has it all. From trendy bars to cozy neighbourhood cafes and everything in between; there’s no shortage of selection right outside your door. It’s no wonder why people from across the city converge in the area
NEW BOUTIQUE CONDOS
Expert Leadership from a Top Toronto Developer
Alterra Developments is poised to add 520 Richmond Condos to its already-impressive portfolio of premium GTA properties. Known for maintaining some of the industry’s most demanding quality standards, Alterra Developments is the force behind several highly successful recent projects, including Yorkville’s 36Hazelton, The Kingsway’s Westwood condominium community, and west Toronto’s Network Lofts, among others.
Unlike many other major Toronto-area developers, Alterra maintains complete internal control over its own operations. This gives the firm the full capability to follow through on its ambitions and vision without compromise, which is a major reason for Alterra’s sustained success. The Alterra portfolio includes thousands of beautiful homes and
condominiums throughout the GTA and Southern Ontario’s Golden Horseshoe region.
Inspired Design by an Award-Winning Architecture Studio
Since 1986, Quadrangle Architects has been distinguishing itself as one of Toronto’s most innovative and capable design studios. This full-service firm offers elite expertise
in both exterior and interior design, and boasts a well-rounded portfolio that includes acclaimed mixed-use, commercial, retail, and residential projects.
Quadrangle offers incredible value thanks to its unique six-step approach, which prioritizes design excellence, client brand identity, intelligent business decision-making,
capable leadership, technical acumen, and deep industry knowledge. These characteristics have helped Quadrangle capture more than 100 high-profile architecture
awards during its three-plus decades of operation. This development is poised to become yet another success story in the firm’s impressive recent history.
Register Now for Platinum Insider Access
This project is not yet open to the public, and the developers have only released a limited amount of official information about the project. If you’re interested in ownership opportunities at this premium downtown boutique community, we invite you to register now for Platinum Insider Access. It’s the best way to stay on top of all the latest news and developments.
When you register, you will join a mailing list with advance access to important updates, including upcoming details about floorplan configurations, community amenities, suite details and finishes, price lists, and deposit structures. Best of all, Platinum Insider Access registrants will also be afforded the opportunity to submit their deposits early, allowing them to secure suites before they go on sale to the general public. This gives you the broadest possible range of choice, all while allowing you to lock your price in at low presale rates.
Industry insiders expect demand for these condo suites to be very strong, and the building offers an intriguing profile with highly promising future appreciation prospects. The sooner you act, the better your buy-in price will be. Platinum Insider Access is an ideal way to optimize future returns on your wide decision to invest in downtown Toronto real estate.
Register now for early access!
IMPORTANT: If you are currently working with a REALTOR®, please advise us as this service is not intended to interfere and/or solicit buyers represented by another REALTOR®.