The Addison Residences

Introducing The Addison Residences, an eagerly anticipated pre-construction condominium project by ADI Development Group, set to leave its mark in the Fashion District. Positioned at 135 Portland Street, amidst the intersection of Portland Street and Richmond St W, this modern mixed-use development seamlessly integrates with the area’s chic and historic architecture, offering a blend of condominium suites, retail spaces, and offices. Tailored to meet the diverse needs of young professionals, families, and students, The Addison Residences pledges an outstanding urban living experience in the heart of downtown Mississauga. Here’s what has us excited about this development:

Key Features of The Addison Residences:

1. Prime Location: Tucked away in the vibrant Fashion District, at the crossroads of Adelaide Street West and Portland Street, The Addison Residences provides unparalleled convenience. Its close proximity to TTC, the PATH system, upscale dining, shopping destinations, grocery stores, and lively nightlife ensures residents enjoy the epitome of urban living. Boasting an impressive Walk Score of 99 out of 100, the Fashion District is celebrated for its eclectic charm and accessibility.
2. Stylish Architecture: The captivating architecture of The Addison Residences seamlessly marries modernity with heritage by preserving a row of two-storey heritage homes along the street. Rising 16 storeys above these homes in a setback pattern, the building adopts a contemporary white-and-black cube style, allowing for expansive floor-to-ceiling windows and suite balconies. The ground floor and second floor will feature 3,500 square feet of retail space, enriching the neighborhood with convenient services, shops, and dining options.
3. Luxurious Amenities: ADI Developments is renowned for its sophisticated lobbies, expansive layouts, and upscale finishes. While specific amenities are yet to be unveiled, residents can anticipate meticulously landscaped grounds, state-of-the-art fitness centers, inviting pools, and rooftop patios, all enhancing their living experience.
4. Exceptional Connectivity: Nestled amidst the historically chic Fashion District, culturally vibrant Chinatown, bustling Entertainment District, and charming Old Toronto, The Addison Residences offers unparalleled connectivity. With grocery stores, entertainment venues, and other essentials just a stroll away, residents can explore the vibrant streets of downtown or utilize Toronto’s PATH Underground during colder months.

Investment Prospects:

1. Thriving Real Estate Market: The downtown core, including areas surrounding Fort York and St. Lawrence Market, is experiencing a revitalization with new developments catering to students and young professionals. As the downtown area densifies and becomes more dynamic, properties like 135 Portland present attractive investment opportunities.
2. Rising Demand: The demand for condominiums in downtown Toronto is skyrocketing, fueled by factors such as proximity to employment and educational institutions, vibrant community vibes, and trendy dining options. As downtown Toronto continues to evolve into a bustling hub, investments in properties like 135 Portland are poised for substantial growth and returns.