355 Church – Alter Condos
355 Church is a new residential tower by Tridel, known for FORM Condos and 101 Erskine. The building is designed by architectsAlliance (Radio City Condos) and features a podium terrace patio with landscape architecture by the NAK Design Group. This project is currently in pre-construction and is expected to be completed in 2018.
355 Church stands at 33 storeys and is comprised of approximately 340 units. Units range in size from studio to three bedroom suites. Some of the units feature custom designer kitchens, 9 foot ceilings and large wrap-around balconies. The development will include a 4 storey podium comprised of retail and office space on the lower floors.
Building amenities include:
- Party Room
- Fitness Room
- Rooftop Terrace
- Bike Storage
- Guest Suites
- 24/7 Concierge
355 Church is located just North of Gerrard Street, very close to Church-Wellesley Village. There are many great bars, restaurants and dance clubs all located within a few city blocks of each other. It is a short walk to Yonge Street and College Subway Station, making it easy for transit access. There is also one of the nicest Loblaws in the city close by at the corner of Church and Carlton, where the old Maple Leaf Gardens used to be.
The building is located near many universities in downtown Toronto, making it an ideal place for investors to lease out units. With Ryerson University and George Brown College nearby, the demand to live here is very high. Leasing out the one plus den units to students will generate a monthly rent of $1,700-$1,900. This is a very high-demand area to live and we believe 355 Church is a great investment opportunity.
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