28 Eastern Condos is a new condo development by Alterra Group, coming to the popular neighbourhood of Corktown, located at Cherry Street & Front Street East. This pre-construction launch has the best pricing the downtown core has seen since 2018, along with a great deposit program and incentive program.
About 28 Eastern Condos
28 Eastern Condos is proposed to be a mid-rise tower of 12 storeys with approximately 379 residential units. As per the architecture plan, the building will be an F-shaped structure and will face Sackville Street and Eastern Avenue. There is also a proposal to include 14 townhomes in the development. The suite offerings, starting at 327 square feet, will consist of Studio, Junior One Bedroom, 1 Bedroom, 1 Bedroom + Den, 2 Bedroom, 2 Bedroom + Den, 3 Bedroom, and 3 Bedroom + Den.
The townhomes, which start at 950 square feet will consist of 2 Bedroom, 2 Bedroom + Den, 3 Bedroom, 3 Bedroom + Den, 3 Bedroom + 2 Dens, 4 Bedroom + Den.
Most suites offer an abundance of private outdoor living, with balcony, terrace or patio options.
This development will also feature stunning views, indoor and outdoor amenities as well as parking for 143 vehicles and 394 bikes.
28 Eastern Deposit Structure
Deposit Structure: Under 850 Square Feet
$5,000 on signing
Up to 5% in 30 days
5% in 380 days
5% in 600 days
5% on occupancy
Deposit Structure: Over 850 Square Feet
$5,000 on signing
Up to 5% in 30 days
5% in 450 days
5% in 735 days
5% on occupancy
*Pricing NOW Available – Register with TRB using the form below to receive the latest floor plans and pricing on all suites and townhomes.*
Reasons We Love 28 Eastern Condos
Family Friendly – 28 Eastern Condos is a great place for families of all ages to call home as there are plenty of schools, of all educational levels in the surrounding area. Students attending post-secondary schools are just a short walk to George Brown College or can take the streetcar to Ryerson University. This also makes 28 Eastern a great project for investors.
Lots to See and Do – One of the biggest selling points of 28 Eastern Condos is its proximity to amazing city attractions. The Distillery Historic District is a pedestrian friendly area, with cobblestone streets and many breweries, pubs and boutique shops to explore. During November and December, The Distillery District is home to the Toronto Christmas Market, which draws thousands to the area every year. The St. Lawrence Market is also nearby, where residents of 28 Eastern Condos can purchase farm fresh produce and explore speciality items from almost 100 different market vendors. 28 Eastern Condos boasts an amazing walk score of 96, with restaurants, shopping, cafes, and banks in the area, residents can complete their daily errands by foot.
Accessibility – Residents of 28 Eastern Condos will have the convenience of several different transit options to use in the area. TTC streetcars and buses are just a short walk away, getting riders down to Union Station in just 20 minutes. If you’re looking to travel throughout the city by vehicle, you’ll have prime access to the Don Valley Parkway and the Gardiner Expressway. Motorists can commute to downtown Toronto in just 10 minutes.
28 Eastern Condos is being developed by Alterra Group. Every Alterra condo represents their absolute commitment to excellence to the first-time homebuyer, to the growing family, to the investors, and to the future.
Alterra Group has been a trusted development company for over 40 years. Their success has been built upon their exceptionally high standards of construction and a strong commitment to customer service and satisfaction, something that goes above and beyond industry standards. With more than 5,000 award winning homes and condos under their belt, Alterra has established a reputation for producing one of a kind projects all across Toronto and the GTA.
Some of the previous communities and developments in Ontario by Alterra are 36 Hazelton, Post House Condominium, Network Lofts, and Chateau Parc. The builder has more upcoming projects including 321 Davenport, Wonder, 125 George St, Rush, and 159SQ.
Living in Corktown
Corktown, located east of Old Town Toronto and just north of the Distillery District and the proposed West Don Lands project, is emerging as one of the most popular areas for pre-construction in Toronto. With its close proximity to downtown Toronto, plus amenities and services for families, it’s beginning to attract a crowd of young professionals who are keen on the central location and the somewhat more affordable living in Corktown.
Old industrial buildings have been renovated to form studio lofts, apartment-style condominiums and professional offices. Residents are not far from the St. Lawrence Market neighbourhood and the very popular St. Lawrence Market, which was voted one of the best in the world a few years back by National Geographic.
Live-work studios are in fashion, breathing new life into the tired commercial buildings and storefronts. Young residents and professionals are drawn to converted condo lofts and offices that have revitalized the entire neighbourhood and invited new business. Living and working at home create a buzz as the streets and local coffee shops become the destination among residents taking a break from the workday.
28 Eastern Condos Neighbourhood Stats
Pre-Construction Buying in Toronto
Is buying at 28 Eastern Condos in your cards? Learn about pre-construction and how it can work for you by registering with Toronto Realty Boutique. We’ll have VIP Broker access to floor plans and pricing, getting you in BEFORE prices go up to other brokers and the general public. Simply fill out our form now – we’ll get in touch with details right away.