Features
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Price/Sqft Range
509 sqft - 3259 sqft
Avg Price/Sqft
$1,302 / sq. ft.
Completed
Built: 2024
Building Scale
Floors: 18 | Total Units: 356
Building Type
High-Rise condo
Property Management
Built in 2024
Condo Corp
TSCC-3062 TSCC-3037
Date Registered
Feb 15, 2024
The Well is a 7.7-acre mixed-use development located on the former site of The Globe and Mail's printing facility. Tridel integrated residential living into a seven-tower complex that includes retail, commercial, and office spaces, such as the 38-storey 8 Spadina Avenue tower.
Wallman Architects designed the residential portion to reflect the industrial history of King West. The exterior features a masonry base transitioning into white precast concrete panels, incorporating 1950s reclaimed Douglas fir beams and terracotta.
The infrastructure includes an 80-foot-diameter underground "well" for a deep lake water cooling system. This system utilises Lake Ontario water to provide temperature regulation for the entire complex.
Floor plans at The Well start at 509 square feet. The Signature Series offers layouts reaching 3,259 square feet, featuring expansive terraces and high-specification finishes.
The Average Price: $1,302 / sq. ft. reflects the project's position in the Waterfront Communities C1 district. Valuation is driven by the integration of three million square feet of workspace and retail within the residential site.
The Well operates as a pedestrian-focused environment designed to support 10,000 daily residents and patrons. It combines commercial and cultural spaces within the downtown core.
The development serves professionals and families who require proximity to dining and workspaces. The area maintains the historic industrial character of the surrounding King West neighbourhood.
Jack DelZotto founded Tridel in 1934. The company transitioned from building single-family homes to high-rise condominiums following the 1967 Condominium Act.
Tridel develops high-rise projects with a focus on construction standards and sustainability. The Well is the company's largest mixed-use project to date.
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