The new Tridel community – REVE Condos is located at 560 Front Street West in King West Village, Toronto.

Tridel (Canada’s largest condo builder), reportedly completely sold out of all 1 and 2 bedroom units over the weekend.

Tridel saw a huge shortage in the Toronto condominium marketplace for units priced under $300,000. They packed the building with small 1 bedrooms and studios and the market responded loud and clear. They launched this project with almost no marketing, using only the momentum of the market, word of mouth, and a simple formula of giving the people what they want.

REVE will be located at 560 Front St West, just west of 550 Front St (a mid-rise condo building), and just east of Front and Bathurst. The building will be made up of suites ranging from studios, one bedroom, one bedroom with den, two bedrooms, two bedroom with den, and three bedroom terraced suites. Per square foot, units range from $420 to $500 with prices starting at $199,000. The building will even feature two different 3 bedroom units (PLUS 2 baths) with prices for those starting at $460,000.

The project is already under construction and is to be completed by next year. The site was originally going to be a hotel, but Tridel bought the site over the summer and will build a condo on the existing floor plate. This may explain why many of the floor plans were quite unusual – the floor plate was never designed to be for condos.

Red metal cladding will be the focal point on both ends of the building. Wallman Architects and Burka Architects Inc. have collaborated on the bold glass and steel exterior. The interior will be designed be award winning designer Alex Chapman. The definitive lines and red cladding help to set this building apart from other buildings in the area.

Club Rêve will feature a large sized party lounge with kitchen and fireplace, a theatre room, a multi media lounge, and a billiard room. The rooftop piazza allows for entertaining on those hot summer nights!

CLICK HERE for registration and grand opening pricing.