Terraces On Danforth

1 - About Terraces On Danforth

• Address: 3520 Danforth Ave, Scarborough
• Neighbourhood: Oakridge, Scarborough, Toronto
• Storeys: 7
• Units: 95
• Year Built: 2014
• Builder: Liberty Development Corporation
• Building Type: Mid-Rise condo
• Suite Sizes: 545 sqft - 1215 sqft
• Average Price: $691 / sq. ft.

2 - Overview of Terraces On Danforth

Terraces On Danforth is a seven-storey mid-rise condominium completed in 2014 in Scarborough's Oakridge neighbourhood. Unlike many surrounding properties that have been converted from heritage buildings, this development was designed as a purpose-built residential structure from the ground up.

The building contains 95 units and represents a thoughtful addition to the Danforth Avenue corridor. Its mid-rise scale provides increased density while maintaining compatibility with the neighbourhood's early 20th-century character. The development serves as a bridge between the area's commercial heritage and its evolving residential identity.

3 - Suite Sizes & Value

Unit sizes at Terraces On Danforth range from 545 to 1,215 square feet, offering floor plans that accommodate various lifestyle needs from young professionals to growing families. This diverse range of suite sizes provides flexibility for residents at different life stages.

With an Average Price: $691 / sq. ft., the building positions itself as an accessible entry point within Toronto's condominium market. The competitive pricing, combined with the established location along a major transit corridor, creates a compelling value proposition for prospective buyers.

4 - Building Amenities & Features

5 - Location Highlights

• Transit Access: Positioned near the intersection of Warden Avenue and Danforth Avenue, providing convenient access to historic streetcar routes and various transit services along the Danforth corridor.
• Parks and Recreation: Greenwood Park offers nearby green space for outdoor activities and recreation.
• Educational Institutions: Danforth Collegiate & Technical Institute serves the local educational needs.
• Heritage Sites: The surrounding area features notable historic buildings including the George William Lucas Block, St. Catherine of Siena church, and Madinah Masjid.

6 - Lifestyle Near Terraces On Danforth

The Oakridge neighbourhood offers a vibrant multicultural environment anchored by a bustling commercial main street. The area seamlessly blends historic 1920s brick buildings with contemporary residential developments, creating a unique urban tapestry.

Residents enjoy access to diverse amenities including live music venues and various places of worship, reflecting the neighbourhood's cultural diversity. The area maintains its established community character while embracing the increased activity typical of major Toronto corridors.

7 - About the Developer

Liberty Development Corporation, established in 1995, has focused on residential projects along the Danforth Avenue corridor in Scarborough. Terraces On Danforth represents part of the company's contribution to the ongoing residential transformation of this established Toronto neighbourhood.