Axion Condominums is being developed by Greenpark Homes and Fieldgate Homes. It will be located on Adelaide Street, on thee eastside of downtown. The project will feature two 19 floor condo towers, and there will be a total of 480 suites within the condo.
The project in the St. Lawrence Market Area, is also relatively close to the Distillery District.
Location : 424 Adeliade
Neighbourhood: St. Lawrence Market
Number of Units: 480 Units
Number of Floors: 19 Floors ( 2 Buildings)
Developer: Greenpark Homes and Fieldgate Homes
Suites Sizes Range: 400 square feet to 1058 square feet.
The Toronto Condo Boom
The boom in the Toronto Condo industry which began slowly in the late 1990's and picked up steam in the early aughts (00's) has transformed the look and feel of the City. Highrises are sprouting from all areas of the city, mainly the downtown core, but other areas, such as Liberty Village, Etobicoke Shores, Scarborough, Mississauga City Centre and North York Centre are also experiencing rapid condo growth and densification. Part of it is the design of the provincial government, which wants to attain maximum efficiency of use out of publicly funded transit such as GO Transit, the TTC and regional lines. Plus heavy investment in infastructure such as the Airport Line, The Eglinton Crosstown LRT Line, as well as the Union Station Renovation project all of which will make getting into and out of the core far easier then ever before. At the same time providing a real lifestyle choice to those that decide they enjoy downtown living.