In October 2014 Carlyle acquired 128 Peter Street, a former nightclub located at the southwest corner of Peter Street & Richmond Street West, within the vibrant and burgeoning Entertainment District. The acquisition was driven around Carlyle’s continued focus on acquiring prime real estate in the popular and growing neighbourhood. Since that time, Carlyle has gone on to assemble five additional properties generating a 17,500 sq. ft. development site in one of Toronto’s fastest growing neighbourhoods. The area has emerged as one of the most in-demand places to live, becoming a local “hot spot” for young professional to live largely as a result of its close proximity to the Financial District, many of the City’s best restaurants, bars, nightspots and performance venues.
LIVING IN DOWNTOWN WEST
Downtown West is Toronto’s most lively neighbourhood. This neighbourhood’s vitality is due to the fact that Toronto’s Entertainment, Fashion, and Financial districts are all located here. Until recently there were limited residential options in Downtown West. However, in the past few years the rezoning of King-Spadina commercial buildings into residential lofts, the downtown condominium and townhome building boom, and the massive redevelopment currently underway at the former railway lands have now made it possible for many more people to live, work and play in this urban neighbourhood.
This development is located in park heaven, with 7 parks and 9 recreation facilities within a 10 min walk.
Facilities within a 10 min walk