Condos for Sale in Old Toronto – Galleria III by Almadev

Project Overview

Galleria III will appeal to a wide range of buyers, especially first-time buyers looking for an entry point in Old Toronto, investors who want a location with strong rental appeal, and move-up buyers or downsizers who want newer construction without leaving the city. Pricing from $489,900 to $1,999,900 gives this project a broad reach, and with 427 units in a 31-storey building, it is clearly a large-scale community rather than a small boutique address. Almadev is building at 1245 Dupont Street, and the project is currently under construction above grade. This stretch of Dupont sits in the west-central part of Old Toronto, an area that has become more practical for buyers who want city access without downtown pricing. You are close to established neighbourhoods like the Junction Triangle and Dovercourt-Wallace Emerson, with a mix of older homes, new mid-rise and high-rise development, everyday retail, and a growing restaurant and café scene. Transit is a real advantage here, with subway access in the broader area and GO service nearby, which matters for both end users and investors focused on tenant demand. For buyers comparing projects, the key point here is scale and location. A 427-unit building can offer more variety in layouts and a more full-service feel than smaller projects, while Dupont gives you a central-west Toronto address with good connectivity to the rest of the city. If you want pre-construction in Old Toronto and need a price range that spans from accessible one-bedroom options to larger higher-end suites, Galleria III covers that spectrum.