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300 Danforth Road Condos is a new condo and townhouse development by Ranka Group of Companies, currently in preconstruction at 300 Danforth Road, Toronto.
Mixed-use developments are always ideal for an urbanizing area, which is why investors will want to take note of this upcoming development headed to an upcoming Toronto suburb.
Designed by Gabriel Bodor Architect, this mixed residential community will boast a modern design that is perfect for the urbanizing neighbourhood. Complete with a podium, stacked design and chic exterior, this is exactly what Scarborough Junction needs.
This pre-construction project will be comprised of a 12-storey high mid-rise building and four blocks of townhomes. It will span a 1.75-acre site, and will be home to 241 units. The tower will include 161 of these units, and include street-level commercial space — 1,741 ft worth of space to be exact.
The 4-storey town homes will hold 80 units in total, respectively housing 24, 20, 20, and 16 units. The development as a whole will provide a variety of unit layouts, comprised of 111 one-bedrooms, 126 two-bedrooms, and 4 three-bedrooms. The project’s total gross floor area will span over 227,580 square feet.
Investors won’t want to miss this development that features such a wide variety of unit layouts and sizes — from young professionals to students to families, there really is a place for everyone in this suburban community.
Residents can anticipate a range of amenities, not limited to 5,430 ft² of indoor space and 7,938 ft² of outdoor space. 251 parking spaces will be made available, as well as 48 additional visitor spaces.
The Ranka Group is a conglomerate of companies in fields that range from real estate development and housing finance to jewellery, textiles, mining and fitness equipment. The Group started operations in Mumbai in the late 1940s with a modest jewellery showroom. In just a few years, more showrooms were added, the Group diversified into textiles and spread its wings further South to Bangalore, Erode and Coimbatore. Bangalore, then, had just started attracting new businesses and people. Sensing a growth opportunity, the Ranka Group made a foray into the city’s real estate market.
As early as the 1970s, the Group pioneered the concept of self-sustained apartment complexes. The first project at Gandhinagar was completed in 1979 and sold at Rs. 111 per sq ft. Queen’s Corner at the junction of Cunningham Road and Queen’s Road followed and set the trend for luxury apartment living at the city’s most high profile addresses. Since then, the Group has delivered almost 30 million sft of space spread over 40+ projects. Most of these projects are within a 7 km radius of MG Road, Bangalore’s nerve centre. Today, they stand testimony to the keen business acumen and customer focussed sensibilities of the Ranka Group.