pin_buy159 Dundas St E & 155 Dundas St E
5Listings for Salefor Sale
5Listings for Rentfor Rent
building_buyPACE Condos
building_buyPACE Condos
5Listings for Salefor Sale
5Listings for Rentfor Rent
Walkability
10/10
Transit
10/10
Bikeability
8/10
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Above Average
Property Type
Condo
Developer
Great Gulf Ltd
Condo Completion
2016
Property Management
Balance Residential Management
Unit Size Range
399 - 907 SQFT
Number of Units
272
Number of Storeys
35

159 Dundas St E, Toronto

About this condo

Condo Overview

For those seeking a stylish spot to call home in the heart of the city, the PACE Condos may be exactly what they’re seeking.

Located just off Jarvis Street, at 155-159 Dundas Street East, these condos never fail to impress, thanks to the team at Diamond Schmitt Architects.

Completed in 2016 by Great Gulf Homes, the architecture of the PACE Condos’ 35-storey tower is filled with attractive accents and details. The 6-storey podium, comprised of glass and a charcoal-coloured brick, has its cool character playfully undercut with retro red paint in the ceilings of its balconies’ recessions. This eye-catching design is playful, in line with the vibrant City Centre neighbourhood surrounding the property

A subtle red vertical stripe runs up the length of the PACE Condos, though it's the tower’s overall texture that’s remarkable: the framing of the glass window panels creates the illusion of latticework. This make the building give an impression of levity and a sense of flow. If not for the long balconies handsomely accenting the window pattern, this tower would almost seem transparent.

Still, there’s more delightful design to be found inside 155-159 Dundas East. Inside, the breathtaking double-height lobby, beautifully decorated by renowned Toronto interior design practice Cecconi Simone, is where the exceptional 24-hour concierge can be found.

The entire eleventh floor is devoted to delivering top-notch amenities. This includes full service workout facilities, meaning weight and cardio rooms and his and hers change-rooms. For entertainment, this floor also has a billiards room, TV lounge, reading lounge and party room.

To top it all off, the amenities floor opens onto a beautiful rooftop garden. While its vibrant landscaping would be inviting enough for most residents, there’s still more: an opulent outdoor pool.

The Suites

The PACE Condos’ 272 units cannot be discussed without giving credit to interior designers Cecconi Simone. The suites’ sophisticated and practical linear style is distinctive of their work.

Again, there’s more than delightful design at 155-159 Dundas East: the suites are remarkably comfortable as well. Kitchens feature Corian countertops, stainless steel appliances and a warm backsplash consisting of a glass tile mosaic. Their bathrooms are ultra comfortable, with porcelain tiles, deep soaker tubs or glass framed showers, as per plans, and elegant European vanities.

The units come in studio, one, or two bedroom styles that range from just over 400 to almost 900 square feet, so these condos may be best suited for young professionals and couples who are keen on Downtown Toronto condos for sale. Regardless, all prospective buyers will find these suites comfortable. Many feature large balconies, while floor-to-ceiling windows throughout all the suites ensure these are bright and fresh-feeling homes.

The Neighbourhood

Known as the Garden District, this downtown neighbourhood has developed a charming character over its long history, perhaps best seen in its residential architecture: a mix of contemporary Toronto condos, Victorian villas and Edwardian row homes.

For those who aren’t avid fans of residential architecture, there’s still much more to offer: the Garden District’s eclectic and inexpensive restaurants, markets, and cafes; the array of art galleries; the nearby cinemas and theatres, like the Adelaide Theatre Admin and Elgin and Winter Garden Theatres; concerts in historic Massey Hall. Plus, living only a short walk from both the Eaton Centre and St. Lawrence Market, and the historic Distillery District are just a few other bonuses.

Expectedly, as this area is called the Garden District, green space is abundant. Ryerson’s courtyard offers a collegial atmosphere, while those seeking a more cultivated environment will enjoy the Allan Gardens. Its greenhouse conservatory houses rare tropical plants, showcases seasonal blooms, and never disappoints. Open year round and free, PACE Condos residents will surely adore it.

Transportation

PACE Condos’ closest major intersection is Dundas and Jarvis. This means that drivers only need to head south five minutes down Jarvis to reach the Gardiner Expressway.

Alternatively, residents seeking the TTC have an equally long walk to reach their closest subway station, Dundas, on the Yonge-University-Spadina Line.

This subway line runs north and south and through Union Station, and PACE Condo Residents heading east and west across the city can use it to meet the Bloor-Danforth line, or they can take the one of the many streetcars their area.

The closest streetcar to 155-159 Dundas East is the 505, and it happens to stop just outside the building. Its route along Dundas brackets the downtown Core, heading west to Dundas West Station and east to Broadview Station. Better yet, both allow transfers onto the Bloor-Danforth subway line.

5

Listings For Sale

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5

Listings For Rent

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Amenities

Gym
Visitor Parking
Indoor Pool
Underground Parking
Sauna
Party/Meeting Room
Rooftop Deck/Garden
Outdoor Pool
BBQ
Concierge

Maintenance Fees Cover

Maintenance fees include

Water

Owner / renter pays separately

Hydro
Heat
Air Conditioning

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
PACE Condos vs The City Centre Area

$142.00
More Expensive
per SQFT compared to the neighbourhood average
PACE Condos's Avg
price per SQFT
$1,180
/ SQFT
Neighbourhood Avg
price per SQFT
$1,038
/ SQFT

Building Trends At PACE Condos

Days on Market

Units at PACE Condos spend an average of
20
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
1%
above
the list price.

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
5.3
YEARS before being sold again

Property Value

3%
Increase in property value within the past twelve months

Price Ranking

10th
Highest price per SQFT out of 36 condos in the City Centre area

Sold Units

27
Units were Sold over the past twelve months

Rented Units

99
Units were Rented over the past twelve months

Best Value

PACE Condos offers the
?
best value out of 36 condos in the City Centre neighbourhood

Return on Investment

PACE Condos has the
?
highest ROI out of 36 condos in the City Centre neighbourhood

Rental Yield

PACE Condos yields the
?
highest rent prices out of 36 condos in the City Centre neighbourhood

High Demand

PACE Condos is the
?
most popular building out of 36 condos in the City Centre neighbourhood

Sales vs Rental Values For This Condo

Studio400 - 400 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$1,850 - $1,850
1 Bed521 - 649 SQFT
Average Cost Per Sqft$1,104
Sales Price Range$575,000 - $660,000
Rental Price Range$1,625 - $2,400
1 Bed + Den643 - 739 SQFT
Average Cost Per Sqft$985
Sales Price Range$605,000 - $785,000
Rental Price Range$1,800 - $2,800
2 Bed600 - 900 SQFT
Average Cost Per Sqft$1,099
Sales Price Range$680,100 - $899,000
Rental Price Range$2,300 - $3,250
2 Bed + Den900 - 907 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$2,650 - $2,950

How Often Are Units Listed?

Studio399 - 549 SQFT
Average Sales Availability
Every330Days
Average Rental Availability
Every115Days
Ratio of Unit Type in Building3%
1 Bed507 - 667 SQFT
Average Sales Availability
Every28Days
Average Rental Availability
Every7Days
Ratio of Unit Type in Building46%
1 Bed + Den549 - 749 SQFT
Average Sales Availability
Every78Days
Average Rental Availability
Every47Days
Ratio of Unit Type in Building11%
2 Bed600 - 900 SQFT
Average Sales Availability
Every29Days
Average Rental Availability
Every9Days
Ratio of Unit Type in Building42%
2 Bed + Den900 - 907 SQFT
Average Sales Availability
Every247Days
Average Rental Availability
Every371Days
Ratio of Unit Type in Building1%

Maintenance Fees
PACE Condos vs The City Centre Area

$0.01
More Expensive
per SQFT compared to the neighbourhood average
PACE Condos's Avg
monthly maintenance
fee per SQFT
$0.85
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.84
/ SQFT

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