Condos for Sale in Old Toronto – Celeste Condominiums by Diamond Corp and Alterra

Project Overview

With 516 units in a 40-storey condominium, Celeste Condominiums is a substantial new building at 121 George Street in Old Toronto. Developed by Diamond Corp and Alterra, this under-construction project is currently at the foundation and subgrade stage, with prices ranging from $773,990 to $1,293,990. For buyers looking at the east side of downtown, this address puts you in a part of the city that is close to the core but still distinct in character, with a mix of older streetscapes, newer residential buildings, and institutional landmarks nearby. George Street sits within reach of the St. Lawrence area, the Distillery District, and Toronto Metropolitan University, so day-to-day convenience is a real part of the appeal here. You are also not far from Eaton Centre, major downtown employment areas, and several transit connections that make it practical to get around without a car. This part of Old Toronto has a dense, central feel, with grocery options, restaurants, and services woven into the neighbourhood rather than set apart from it. The amenity package includes a board room, lounge spaces, kitchenette, screening room, outdoor fitness area, and an outdoor kids play area. That mix speaks to a building designed for both work-from-home routines and shared downtime, which matters in a project of this scale. Buyers considering Celeste will likely be weighing not just the suite itself, but the advantage of a downtown address with established city infrastructure already in place.