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In Downtown Toronto's Fashion District, Reside on Richmond will soon stand at the intersection of Bathurst and Richmond streets, looking to offer an experience intended for residents instead of investors. From the collaborative efforts of Originate Developments, Harlo Capital, and NBA star Scottie Barnes of the Toronto Raptors, the 18-storey tower aims to weave Toronto's historic charm with the kinetic pulse of modern urban living.
Reside on Richmond is set to stand 59.9m, with a design by Kirkor Architects Planners and landscape design by Marten-Nikzad Landscape Architects. It will meld contemporary residential spaces with approximately 600m² of retail offerings. The podium, formed around the existing heritage building along the south and east elevations, will be preserved by GBCA Architects, seamlessly integrating the locale’s rich past into the design. The podium's height is scaled with multiple volumes to blend with the surrounding single family homes and mid-rise buildings.
Beyond the architectural finesse, NBA athlete Scottie Barnes' involvement infuses the project with a deeply personal touch, going beyond mere endorsement or simply acquiring a unit within the condominium, but means he is embedding his passion for sports and community into the very fabric of the building. Barnes plays a crucial role in envisioning a state-of-the-art sports simulator room, enabling a myriad of sporting activities for residents, while simultaneously affirming his commitment to the community.
Reside on Richmond, which recently received approval for rezoning at 164 Bathurst Street, will appeal to an array of potential residents, promising to be more than a mere dwelling space by crafting a unique living experience that blends high-energy with laid-back, cultured lifestyles. This is particularly significant for Toronto's young professionals, with the connectivity to city amenities, the 501 Queen streetcar, and the bike lanes on Richmond and Adelaide streets offering a conduit to effervescent urban life. This will also be bolstered by the King-Bathurst station of the future Ontario Line 3.
Moreover, the allure of Reside on Richmond also stretches to envelop one-bedroom renters, currently embroiled in the rental market, and seeking a foot on the property ownership ladder. With an array of 216 units, segmented into 9 studios, 102 one-bedroom, 82 two-bedroom, and 23 three-bedroom units, the property will become a beacon for choice and potential ownership within the bustling Toronto real estate market.
Parents, envisaging a proximate living space for their university-bound children, especially with institutions like the University of Toronto and Toronto Metropolitan University within reach, form another demographic in the tapestry of prospective inhabitants. Not only an investment in real estate, but Reside on Richmond also becomes a serene yet strategically connected dwelling for students, combining ease of commute with quality living.
Under the aesthetic guidance of Truong Ly Design, the interior spaces are crafted to distill a genuine home experience, marrying luxury and sophistication to encapsulate a genuine warmth. Amplified by three levels of amenities – a rooftop terrace, party room, games room, co-working space, gym, and yoga studio, among others – Reside on Richmond promises a holistic urban living experience.
Reside on Richmond spans an assembly of properties comprising 152 through 166 Bathurst Street and 621 through 627 Richmond Street West, weaving the tales of Toronto’s past with the promises of its future. Through its carefully designed spaces, encapsulating and honouring historical architectural narratives while stepping into contemporary urban living, it aims for a connected and enriched living experience in the heart of the Fashion District.
UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you'd like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.
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| Related Companies: | Bousfields, Citi-Core Group, Harlo Capital, Originate Developments Inc, Platinum Condo Deals, RDS, RWDI Climate and Performance Engineering |
