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Introducing an inspiring new lifestyle in the heart of downtown Toronto, where contemporary architecture reaches new heights, where the city unfolds outside your front door, and where the sky is your neighbourhood.
A new and modern development will be coming to Downtown Toronto that will add more retail, office and residential space to the area.
Celeste Condos is a new mixed-use high-rise modern condo development in Toronto. This 40-storey tower pre-construction condo with 516 residential units by DiamondCorp and Alterra is located at 121 George St, on the south-east corner of Richmond Street East and George Street.
This condo development will incorporate studio to three bedroom units. This tower will also be a great place for students to reside as George Brown College is just steps away from this condominium.
Building Type: Condo
Builder(s): Diamondcorp and Alterra
Architect(s): Sweeny & Co.
Number of Storeys: 40
Total Number of Suites: 516
Est. Occupancy: Summer 2026
DOWNTOWN TORONTO’S BEST INVESTMENT
Experience an enviable location and coveted lifestyle inspired by the vibrancy of true downtown living. Look up and admire an architectural pilar of contemporary architecture rising 40 storeys high above the sky presenting stunning views of the city. At street level, history defines the building’s roots with a brick-clad heritage façade embraced by retail and open public space.
40TH FLOOR ROOFTOP WITH
OVER 6,500 SQ FT OF AMENITY
• Party Rooms
• Coworking Lounge
• Pet Zone
• Fitness Centre
• Rooftop Terrace
• BBQ Area
• Kid’s Playroom
There are many reasons to invest in this area. For starters, Celeste's site offers an excellent Walk Score of 96 out of 100 which means that most errands can be accomplished on foot. There are many incredible local amenities that surround this area that can easily be accessed by walking. Some of these include a range of dining options from take-out to fine dining cuisines.
This neighbourhood also offers vibrant nightlife including bars, lounges and clubs that are well-tailored for post-secondary students and young professionals that enjoy everything the city has to offer. Some of the most well-known restaurants and nightlife in this area include Troika
Vodka Boutique, CC Lounge, O Resto Lounge, Baton Rouge Steakhouse and Bar, Pravda Vodka Bar, AAA Bar, The Carbon Restaurant & Bar, The George Street Diner, Terroni and Locale Mercatto. There are also many cafes, supermarkets, boutique shops and fitness centres nearby.
This area is filled with many entertainment options from Massey Hall, Ed Mirvish Theatre, CN Tower, Rogers Centre, Scotiabank Arena, St. Lawrence Market and the Distillery District - These entertainment venues are all within walking distance. For students, George Brown College is just up the street front this development making this building a great place for student tenants. Ryerson University can also be accessed through public transit in under 15 minutes.
Celeste Condominiums also offers a perfect Transit Score of 100 which means that public transportation is easily accessible and many residents will save money by not needing to own a car. To start, Queen Station is 4 minutes away from this development - This station runs on the TTC Subway’s Yonge-University Line 1 and will take residents to Union Station in just two stops. This station also conveniently connects to the Bloor-Danforth Line 2 in just four stops which gives commuters more ways to travel across the city. There are also many streetcars and buses that run through this corridor every 15 minutes or less, allowing residents to travel throughout the city seamlessly.
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About the Developer: DIAMOND CORP
Inspired by our past and committed to the future growth of the Greater Toronto Area, DiamondCorp is dedicated to developing innovative, high-quality and award-winning residential, mixed-use, and master-planned developments.
About the Developer: ALTERRA
Alterra doesn’t just build condominiums. They build communities. Communities that thrive. Communities that change the way we live. Communities that change the way we say “home.” From the heart of downtown Toronto to locations across the GTA, Alterra builds exciting and desirable urban neighbourhoods around their properties. Designed to inspire and invigorate the locale in which they reside, it is no wonder people have trusted Alterra and their definition of “home” for over 40 years.