Iconic downtown address with real fundamentals

Concord Canada House is the capstone tower of Concord CityPlace at 23 Spadina Ave. The two tower project rises above Toronto’s waterfront and sits within a mature master planned community with parks, retail and transit already in place. The building is completing now, with registration and amenities coming online, so buyers are looking at a near term, tangible asset instead of an early stage launch. Investors can underwrite using real leasing and resale activity in and around CityPlace.

Efficient 1+Den layout for living or leasing

• Approx. 632 sq ft, 1 bedroom plus den, 1 bathroom
• West exposure, no balcony, focused on interior living space
• Minimal hallway waste, most square footage in kitchen, living and bedroom
• Den functions as a true home office or flex guest space
• No parking and no locker, which keeps carrying costs centred on the suite in a transit first location

Amenity package that supports rental demand

• Large amenity stack with indoor pool and spa inspired zones
• Extensive fitness areas and sky lounge for day and evening use
• Event kitchen, kids areas and pet facilities that appeal to a wide tenant base
• Outdoor water feature that converts to a skating rink in winter, a strong visual for marketing
• Scale and variety help the building compete with newer core product when tenants compare lifestyle

Location and connectivity

Concord Canada House sits at the base of Spadina, close to the waterfront, the Entertainment District and the Financial District. Residents have quick access to the Spadina streetcar, connections to Union Station and straightforward routes to the Gardiner for drivers. Local retail, parks and everyday services are within a short walk, which continues to drive demand from both tenants and owner occupiers.

Assignment structure and rental context

As an assignment, the buyer steps into an existing builder agreement. You reimburse the seller for deposits already paid, cover any agreed profit and assignment costs, then complete the remaining balance with your lender on closing. Recent 1 plus den rentals of similar size in Concord Canada House and nearby CityPlace towers provide a practical rent band for modelling cash flow, while end users gain a newly completed flagship suite in a proven downtown community.