Saved Properties
    Saved Searches
            Recently viewed properties

              This project is selling already.

              Rack House D Condos

              By Dream Developments (formerly Dundee Realty)
              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

              Project Overview
              Rack House D Condos is selling already.

              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
              • 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.

              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.

              About Dream Developments (formerly Dundee Realty)

              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.

              Travel Times
              30 min
              open
              commute Commute
              close

              Powered by Walk Score Travel Time

              Walkscore
              Streetview

              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 $61,130 $744,690
              Jarvis Collegiate Institute (Grades 09-12) 495 Jarvis St, Toronto, ON M4Y 2G8, Canada Public • Secondary • English Average $78,728 $971,750
              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

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C8, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of Rack House D Condos location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +2.77% comparig to the City of Toronto average of +9.925%

              Price Index 3y

              Price Index change was +36.61% comparig to the City of Toronto average of +7.2%

              Rent Index 1y

              Rent Index change was +2.43% comparig to the City of Toronto average of -5.61%

              Rent Index 3y

              Rent Index change was +36.61% comparig to the City of Toronto average of +7.2%

              Walkscore

              Walkscore 94 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 96 out of 100 means Rider's Paradise

              Bikescore

              Bikescore 95 out of 100 means Biker's Paradise

              Schoolscore

              Schoolscore is 4.90 out of maximum 10 points

              Rack House D Condos Comparative Analysis Powered by AIDA

              Compare Rack House D Condos location's performance indicators to other projects, listed on our site.

              Rack House D Condos Price Index vs Rent Index Chart
              Price Index vs Rent Index Explained

              Home Price Index of $760,638 and $2,700 Rent Index are based on known 12 months sales history in Waterfront Communities C8, Toronto, where Rack House D Condos will be built.
              The Home Price Index in this neighborhood is slightly below the average among 115 projects. And the Home Rent Index is slightly above the average.


              Follow Rack House D Condos for the time-sensitive updates on prices, floor plans and allocations.

              Rack House D Condos Home Appreciation vs Rent Growth 1y Chart
              Home Appreciation vs Rent Growth 1y Explained

              Home Appreciation of +2.77% and +2.43% Rent change are based on known 24 months sales history in Waterfront Communities C8, Toronto, where Rack House D Condos will be built.
              Both, the Home Price Index and Rent Index in this neighborhood are slightly below the average among 112 projects.


              Follow Rack House D Condos for the time-sensitive updates on prices, floor plans and allocations.

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

              Price Appreciation of +2.77% and +2.43% Rent change are based on known 4 years sales history in Waterfront Communities C8, Toronto, where Rack House D Condos will be built.
              The Home Price Appreciation in this neighborhood is slightly above the average among 115 projects. And the Rent Demand is slightly below the average.


              Follow Rack House D Condos for the time-sensitive updates on prices, floor plans and allocations.

              Walkscore vs Transitscore Chart
              Walkscore vs Transitscore Explained

              Walkscore of 94 and 96 Transitscore are calculated for the exact location of Rack House D Condos project, and can be described as Walker's Paradise and Rider's Paradise accordingly.


              Follow Rack House D Condos for the time-sensitive updates on prices, floor plans and allocations.

              Waterfront Communities C8, Toronto Sales History More

              Waterfront Communities C8, Toronto: Overall Sales Statistics for Condos
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Sales Statistics
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Rent Statistics
              Waterfront Communities C8, Toronto: Detailed Sales & Rent Statistics for Condos

              Demographics & Housing Statistics

              Statistics Canada

              Information provided by Statistics Canada and represents 2016 Census data.

              How to use
              • Switch between Demographics & Housing tabs
              • Click Statistics Headers to expand
              • Click Pie Charts section for more details

              Similar Projects Selling Soon

              HOT PROJECT

              Condo Apartments & Townhomes

              by Branthaven Homes

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by Broccolini

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by Daniels Corporation

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by CentreCourt Developments

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by Slate Asset Management

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by Northam Realty Advisors

              Occupancy

              TBD
              HOT PROJECT

              New Constr Condo Apartments

              by Edilcan Development Corporation

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Urban Capital Property Group

              Selling from

              TBD

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Daniels Corporation

              Selling from

              Spring 2020

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Lifetime Developments

              Selling from

              January 2020

              Occupancy

              March 2021
              Selling Soon

              New Constr Condo Apartments

              by Lakeside Developments Inc.

              Selling from

              June 2020

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Greenpark Homes

              Selling from

              November 2019

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Core Development Group

              Selling from

              November 2019

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by VanMar Developments

              Selling from

              Nov, 2019

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Great Gulf Homes

              Selling from

              November 2019

              Occupancy

              TBD
              Selling Soon

              New Constr Condo Apartments

              by Brookfield Residential

              Selling from

              November 2019

              Occupancy

              TBD