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              Rack House D Condos

              By Dream Developments
              60 Mill St Toronto
              Selling From
              Dec 2019
              Occupancy
              TBD
              Average Income
              $83,029
              Population Age
              39 y/old
              School Score
              4.90/10
              Price Index Change 1y
              +2.77%
              Price Index Change 3y
              +36.61%
              Rent Index Change 1y
              +2.43%
              Rent Index Change 3y
              +20.21%

              Rack House D Condos

              Rack House D Condos is on sale since Dec 2019.

              Follow this project for the time-sensitive updates on prices, floor plans, new allocations and assignments.

              Selling From: Dec 2019
              First Occupancy: TBD
              Storeys: 12
              Last Updated: 2019-11-17
              Rack House D Condos Overview
              The design for the hotel/residential Rack House Tower is based on a tower taking root in the industrial heritage of its site. The project deals in a meaningful way with the historic context it occupies in Toronto’s Distillery District and adds an infusion of iconic, contemporary architectural expression to emphasize the historical value of the area. In its respectful, yet progressive design approach, the new building promises to become a fulcrum of activity, a noteworthy destination for hotel visitors to the city and a signature residential project in Toronto. At once firmly grounded in the historic base building, which contains the hotel facilities, the design of the new tower evokes a notion of evaporating architecture. As the tower rises, the building becomes more and more reflective and ephemeral in nature. Intermediate levels of two storey units appear in the colour palate of the Rack House building.
              Rack House D Condos Project Details

              The address of 60 Mill St is going to see the initiation of a new development project very soon. Dream Developments and Cityscape initially proposed a 34-story condo and hotel tower for this site. For that project, the Gansevoort Hotel was going to be the tenant. But later own the plan shrunk down to a 40-meter high 12-story building with the hotel components eliminated.

              For a long time, the decisions of choosing the use of this building were undecided. The plans were either for an office tower or a condo project. If this building was for office use then it had to be only 10-story high. If the project is for condo purpose then it needs to be 12-story high according to the city officials. As per the initial proposal, the 34-story would have housed the 88-suit Gansevoort Hotel along with 246 condominium units.

              The primary reason for the City management to disapprove the plans of redesigning this site was the heritage preservation. Now the new plans integrate these ideas with facades of 6-story Rack House D that was built back in 1895. It was a part of the original complex of Distillery. The eastern and the western end will remain the same in large proportions. However, the southern and northern facades will be significantly altered. As they are windowless, the southern and the northern elevations will see giant rectangular openings on the walls.

              At the ground level space is designated for restaurants and retail purposes. It measures to be 4450 square feet. This area will comprise of the western half of this project. The section of the building will face Trinity St along with some frontage of Mill St. On the southern end, there will be a 900 square feet center for heritage interpretation and it will open towards Mill St. This end will also open towards the office or residential lobby as the plan is approved. The initial renderings of this lobby space provide details on the intriguing design of the interiors. It will involve a three-dimensional grid of timber that will adorn the walls and ceilings of the building. This design will be clearly visible from the outside. This style will help in revoking the former use of this building which was a rack house. The remaining sections of this building will have three to four floors depending upon the use, to be decided. If this building is decided to be used as condos then there will be four floors and there will be 12 units per floor. If the building houses offices then there will be three floors. The primary reason behind that is the increased requirements of the height of the ceilings in case of office use.

              Amenities

               

              On the roof of this heritage building, the 1st floor of the upper section will have amenity spaces in case of condominiums. Otherwise, there will be additional offices in this section. The amenity space will also feature a beautiful outdoor terrace. The design heavily relies on the tower that should take root within the industrial heritage that this site has. This place has a lot of significance in the city’s Distillery District and it emphasizes the rich historical value that this area has to offer. The ground floor will not only house a number of retail options but there will be hotels option available for the residents. As the building rises in height it will become more aligned with the rich history of this site. There will be plenty of parking spaces available for the residents and the workers that come to this site. On the ground floor, there will be a number of options available when it comes to errands and retail.

              Location - Rack House D Condos

               

              The occupants of this building will have access to the Distillery District. They will also have access to a number of trendy downtown localities. These neighborhoods include the Corktown, the fashion district, the entertainment district as well as the waterfront. The residents can explore a number of cafes, restaurants, music, clubs, bars, beaches, shops, and various other attractions in this neighborhood. Another excellent feature of this area is that it provides easy access to the downtown core. They can either choose a transportation option or their own vehicle to travel across the neighborhood. There are so many things that you can do here no matter which lifestyle you have. Whether you are a business professional or a student or even if you are raising a small family, this neighborhood has so much to offer. The best thing is that you can do most of the errands by walking and you don’t need to use any transportation for this purpose.

              Rack House D Condos Project Features

              No detailed information is available at the moment.

              Follow this project for the time-sensitive updates on prices, floor plans and allocations.

              We believe in building better communities.

              Dream TSX: DRM has grown a lot since we started in 1994, becoming one of Canada’s leading real estate companies with over 1,000 employees and approximately $15 billion of assets under management in North America and Europe. The scope of the business includes residential land development, housing and condominium development, asset management & management services for four TSX-listed funds, investments in and management of Canadian renewable energy infrastructure and commercial property ownership.

              • 1% Cashback on Assignment Sale
              • Purchase Financing Assistance
              • HST Rebate Assistance
              • First Rent Assistance
              • Free Lawyer's Review
              • Detailed CMA of the project

              Guaranteed to all buyers who have purchased a pre-construction condo or townhome with us.

              Interested?
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              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              Schools

              Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              School Type • Program • Language Rating Avg Income Home Price Index
              Nelson Mandela Park Public School (Grades JK-08) 440 Shuter St, Toronto, ON M5A 1X6, Canada Public • Intermediate • English Average $57,715 $757,248
              Jarvis Collegiate Institute (Grades 09-12) 495 Jarvis St, Toronto, ON M4Y 2G8, Canada Public • Secondary • English Average $77,804 $943,913
              First Last
              Click on schools in the table above to display school boundaries on the map.
              Neighborhood School Ratings
              Fraser Institute EQAO
              Lowest 3.30 / 10 42 / 100
              Highest 3.50 / 10 56 / 100
              Average 3.4 / 10 49 / 100
              The following EQAO Ratings were used:
              • Elementary Schools:
              Grade 6 Reading, Writing and Mathematics
              • Secondary Schools:
              Grade 9 Academic Mathematics
              Rack House D Condos Investor's Outlook Powered by AIDA

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              Rack House D Condos Price Index vs Rent Index Chart
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              Rack House D Condos Home Appreciation vs Rent Growth 1y Chart
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              The Home Price Appreciation in this neighborhood is slightly below the average among &(projects_tolal) projects. And the Rent Demand is slightly above the average.


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              Rack House D Condos Home Appreciation vs Rent Growth 3y Chart
              Home Appreciation vs Rent Growth 3y Explained

              Price Appreciation of &(year_price_growth) and &(year_rent_growth) Rent change are based on known 4 years sales history in &(community), where Rack House D Condos will be built.
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              Walkscore vs Transitscore Chart
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              Waterfront Communities C8, Toronto Sales History More

              Waterfront Communities C8, Toronto: Overall Sales Statistics for Condos
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              Waterfront Communities C8, Toronto: Detailed Sales & Rent Statistics for Condos

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