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159 WELLESLEY STREET - DOWNTOWN TORONTO


QUICK FACTS

Project Name:159 Wellesley Street
Builders:Diamondcorp & Kilmer Brownfield Equity Fund L.P.
Project Status:Pre-Construction
Address:159 Wellesley Street, Toronto, ON M4X 1K5
Number Of Buildings:2
City:Downtown Toronto
Main Intersection:Wellesley Street East & Sherbourne St
Area:Toronto
Municipality:Toronto C08
Neighborhood:Cabbagetown-South St. James Town
Architect:Quadrangle Architects Ltd.
Condo Type:High Rise
Condo Style:Condo
Building Size:38
Number Of Units:326
Parking Spots:126 private parking spots, 195 bicycle parking spaces
Nearby Parks:Allan Gardens

PROJECT GALLERY

BUILDING LOCATION

Pre-construction Under-construction Completed Pending

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159 WELLESLEY STREET - AT A GLANCE

N/A Occupancy Year
> Number of Stories
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Number of Buildings

ABOUT BUILDER

Diamondcorp

Diamondcorp is overtly among the most notable master condominium innovators to be found in the Southern Ontario zone with the 30 Ordnance Street Condominium development, a handcrafted palatial urban building featuring magnificently engaging style, nothing but the best quality designer fittings & fixtures, and the absolute best in the present-day highest standard of engineering and architectural artistry. The blue-chip condo engineered by Diamondcorp in collaboration with ONE Development is a magnificent 35 storey 516 unit tower designed by Hariri Pontarini Architects to be among one of the finest condo developments to be found anywhere in the GTA. Combining the finest quality materials, meticulous craftsmanship, and stunning architectural design, 30 Ordnance Street marks a new standard in Southern Ontario condominium construction and appeal.

Kilmer Brownfield Equity Fund L.P.

Kilmer Brownfield Equity Fund L.P. is the very first private equity fund in the nation which is solely committed to the redevelopment of Canada’s 100,000 brownfield sites. Brownfields are properties which were utilized for industrial and commercial development but are now abandoned, idled, or underused due to elevated levels of environmental contamination. The fund controls $100 million dollars in both institutional and private investment for the exclusive purpose of acquiring and redeveloping brownfield sites which qualify under the strict qualifications set by the fund’s managers, who are all acknowledged leaders in the Canadian brownfield industry. By mastering each of the specialty areas in brownfield management including real estate planning, development, finance, and of course, environmental risk management, the fund is able to unlock considerable hidden value in the brownfield development projects which it undertakes.


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