The ongoing mixed-income rebuild of Toronto's Regent Park community has kicked into high gear, with a number new of projects already underway within the boundaries of the community's third phase. Now, new marketing information is revealing details of the redevelopment of Regent Park's Block 26. The Daniels Corporation's 'The Wyatt' will rise 27 storeys on the south side of Dundas east of Sumach Street, a site previously occupied by a 1958-built Peter Dickinson-designed rental tower at the now-defunct address of 605 Whiteside Place.
Designed by KPMB Architects, the tower will rise at thee east end of a six-storey podium, with a simple rectilinear design that references the Modernist design language of the now-demolished rental towers that until recently dominated the neighbourhood skyline. The podium will shelter Dundas's street-fronting retail spaces, which will be framed by warm materials such as brick and wood. Above, the main podium volume will feature contrasting black and white detailing, while landscaping softens the podium roof terrace, an area that will offer outdoor space to relax in, while also featuring gardening plots for residents who want to grow some of their own vegetables and herbs.
A number of additional amenity spaces will be offered to residents, including a bouldering cave—a horizontal climbing wall—a media room, a party room, a "Chill Lounge", a guest suite, and a gym offering a WELLBEATS™ studio. Parents living within the development will appreciate the fourth floor kids' zone, which offers a toy room, a game zone, a craft room, and a kitchenette.
Now in its registration phase and set to hit the market this Fall, the Wyatt is offering studio to three bedroom layouts with prices starting from the low $200,000s. With a deposit of 5% down, buyers can utilize Daniels’ Gradual Deposit Payment Plan, paying $3,500 on signing the Agreement of Purchase and Sale, then $1,000 per month until move-in or until 5% of the purchase price has been paid. The project also offers first-time home buyers Daniels’ First Home BOOST program, which allows purchasers to boost down payments from 5% to 15% via an interest-free and payment-free loan.
We will return with additional details as new information about the project emerges. In the meanwhile, you can find building facts and renderings by visiting the project's dataBase file, linked below. Want to get involved in the discussion? Check out the associated Forum threads, or leave a comment using the field provided at the bottom of this page.
|Related Companies:||IBI Group, KPMB Architects, Live Patrol Inc., The Daniels Corporation|