The continued redevelopment and reappropriation of Toronto's Downtown east side has another project to add to the list of buildings changing the face of our oldest neighbourhood. Alterra's Post House Condos plans to bring 279 boutique condo units to the ever intensifying area and has just submitted an application to add an additional storey bringing the unit total to 294. This project has largely flown under UrbanToronto's radar so far—undeservedly so—and this may have a good deal to do with its more intimate size compared to some of the mega towers that capture our attention regularily, like the nearby 88 Scott and Pace Condos. While they dwarf the more modestly scaled Post House, it will still make its mark at 21 storeys, or more likely 22, if the application is approved.
A major drawing card for the Wallman Architects-designed Post House is its location, which is steps away from the St Lawrence Market, and just a few more to the subway and Financial District. While the reinvention of Downtown's west side is more advanced, the east side is catching its stride with new additions like The Berczy and the redevelopment of St Lawrence Market North. If you are the type that likes to stay indoors, Post House has things for you homebodies as well with a private recreation centre, exercise room, yoga/pilates studio, and, when your not pumping iron or on your yoga mat, there is also a multi-purpose lounge with a media/tv centre, dining room, and kitchen.
Post House derives its name from Toronto's first post office: it's located on George Street immediately to the north on the heritage building's former parking lot. With unit sizes ranging from 481 to a generous 1,155 square feet, and with prices ranging from $250,000 to $682,000, these units give those who can afford it an opportunity to live in area with both a history and and an exciting future. Post House is scheduled for completion later this year. Below is a photo of the building's construction from October 2012 when the first foundations were going into the excavated pit.
Want to know more about this project? Check out our dataBase listing below, or choose one of the associated Forum threads to join in the discussion.