The Well is a new condo development by RioCan REIT / Allied Properties REIT / Tridel / Woodbourne Canada Management Inc. currently under construction at 444 Front Street West at Front St and Spadina. The Well is the most ambitious mixed-used endeavour in Canada, a bold reflection of Toronto's energy and diversity, and an extension of the urban vibrancy of King West. It is a mixture of retail, commercial and residential space in downtown Toronto that will host approximately 10,000 people on a daily basis who live and work at The Well. The design includes 1.1 million square feet of office space, 500,000 square feet of retail and food service and 1,678 residential units spread throughout seven buildings connected to a 3 level retail base.
The Fashion District
Once the home to garment warehouses, the Fashion District today is a mix of demographics consisting of professionals, artists, designers, and students who enjoy a great deal of the amenities found nearby. The close proximity to the buzzing King West neighbourhood and the employment hub, The Financial District, are additional perks of living in the Fashion District. 410 Front St W. has an almost perfect 98/100 Walk Score which means that residents of The Well Condos can accomplish everyday errands by foot. The Well Condos is only a short walk away from
- The Air Canada Centre- The Rogers Centre- Ripley’s Aquarium- Bell Lightbox- SPiN Toronto- The Princess of Whales Theatre
World Class Transit
Being a resident of The Well Condos means having access to Toronto’s world-class transportation system at every turn. With over 13 different transit routes servicing the area, this development has a perfect Transit Score of 100/100.
Ideal Condo for Students- George Brown College: 20 mins. via TTC- University of Toronto: 25 mins. via TTC- Ryerson University: 20 mins. via TTC- OCAD University: 20 min. walk
- WVRST- Subway Sandwiches- Nutella Café- Taste of Mediterranean- Fring’s- Weslodge Saloon- Patria
Great Investment Opportunity
Density and jobs have greatly increased in this pocket of downtown Toronto over the years and have shown no signs of slowing down. The Fashion District is also known to rent at a premium making this development an attractive choice for the investor.
The Development Team
RioCan is one of Canada’s largest real estate investment trusts with a total enterprise value of approximately $13.7 billion at June 30, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 267 properties, including 17 development properties, with an aggregate net leasable area of approximately 42 million square feet.
As a leading owner, manager and developer of urban office environments, Allied Properties REIT is known for improving work experience and boosting profitability for business tenants in Canada’s major cities. Its objectives are to provide stable, growing cash distributions to unit holders and to maximize their value through superior management and accretive portfolio growth.
*We do not represent the builders
Century 21 Kennect Realty Inc., Brokerage, Independently Owned & Operated