Karma Condos — Toronto Pre-Construction
Karma Condos is a resale pre-construction condos development by Lifetime Developments in Toronto's Discovery District. Get pricing, floor plans, deposit st…
Karma Condos Quick Facts
| Project Name | Karma Condos |
|---|---|
| Developer | Lifetime Developments |
| Address | 21 Grenville Street |
| City | Toronto |
| Neighbourhood | Discovery District |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 50 |
| Suite Sizes | 277 – 819 sq ft |
| Pricing | Register for pricing |
| Deposit Structure | 20% (over 540 days) |
| Maintenance Fees | $1 / sq ft / month |
| Locker | $5,000 |
| Occupancy | 2015-01-01 |
| Walk Score | 99 |
| Transit Score | 100 |
About Karma Condos in Toronto
Karma Condos is a completed condominium development by CentreCourt and Lifetime Developments at 21 Grenville Street in the Discovery District neighbourhood of Toronto. The 50-storey project rises 165.8 metres (544 feet) and contains 495 suites. Architecture is by architectsAlliance. Karma Condos was completed in 2015. Suites range from 277 to 819 sq. ft. The location has a Walk Score of 99 and a Transit Score of 100. At 165.8 metres, Karma Condos ranks #18 by height among 55 tracked projects in Discovery District.
Key Highlights of Karma Condos
From the Developer:
CentreCourt Developments and Lifetime Developments have partnered up to co-develop a multi-use high-rise residential condominium at 21 Grenville Street.
The site is centrally located in downtown Toronto and is within walking distance of Toronto's major employment districts, Ryerson University, Yonge Street shopping and numerous restaurants.
The city's major hospitals and University of Toronto are also within close proximity. Public transportation is in immediate proximity with the Yonge subway within one block of the site.
Karma Condos Renderings & Gallery
Karma Condos Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| K277 | 0 | 1 | 277 | Register for pricing | Sold Out |
| K277 | 0 | 1 | 277 | Register for pricing | Sold Out |
| K352 | 0 | 1 | 352 | Register for pricing | Sold Out |
| K352 | 0 | 1 | 352 | Register for pricing | Sold Out |
| K490 | 1 | 1 | 490 | Register for pricing | Sold Out |
| K490 | 1 | 1 | 490 | Register for pricing | Sold Out |
| K503 | 1 | 1 | 503 | Register for pricing | Sold Out |
| K503 | 1 | 1 | 503 | Register for pricing | Sold Out |
| K509 | 1 | 1 | 509 | Register for pricing | Sold Out |
| K509 | 1 | 1 | 509 | Register for pricing | Sold Out |
| K536 | 2 | 1 | 536 | Register for pricing | Sold Out |
| K540 | 2 | 1 | 540 | Register for pricing | Sold Out |
| K689 | 2 | 1 | 689 | Register for pricing | Sold Out |
| K689 | 2 | 1 | 689 | Register for pricing | Sold Out |
| K729 | 2 | 2 | 729 | Register for pricing | Sold Out |
| K729 | 2 | 2 | 729 | Register for pricing | Sold Out |
| K803 | 3 | 1 | 803 | Register for pricing | Sold Out |
| K803 | 3 | 1 | 803 | Register for pricing | Sold Out |
| K803 | 3 | 2 | 803 | Register for pricing | Sold Out |
| K819 | 3 | 1 | 819 | Register for pricing | Sold Out |
| K819 | 3 | 1 | 819 | Register for pricing | Sold Out |
| K819 | 3 | 2 | 819 | Register for pricing | Sold Out |
Full Karma Condos floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Karma Condos price list and floor plans.
Karma Condos Deposit Structure
20% (over 540 days)
Deposit structures at Karma Condos can change between releases and may differ for international buyers. Confirm the current Karma Condos deposit structure before submitting a worksheet.
Amenities & Finishes
- ["-Exercise Room\n-Steam Room\n-Party Room\n-Theatre Room\n-Games Room\n-Rooftop Terrace\n-Guest Suites\n-Concierge"]
Location: 21 Grenville Street
Karma Condos is located at 21 Grenville Street, Toronto in the Discovery District neighbourhood, Greater Toronto Area.
- Walk Score: 99/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Lifetime Developments
Karma Condos is being developed by Lifetime Developments, with architecture by architectsAlliance.
See all Lifetime Developments pre-construction projects.
How to Buy at Karma Condos
- Register early. Allocation at Karma Condos in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. The current published deposit structure is 20% (over 540 days).
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Karma Condos
Budget beyond the purchase price at Karma Condos: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month. Lockers are $5,000.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Karma Condos. Confirm each in the current agreement of purchase and sale before you sign.
Karma Condos — Frequently Asked Questions
Where is Karma Condos located?
Karma Condos is located at 21 Grenville Street, Toronto in the Discovery District neighbourhood.
Who is the developer of Karma Condos?
Karma Condos is being developed by Lifetime Developments.
How much do units at Karma Condos cost?
Pricing for Karma Condos has not been publicly released. Registered buyers receive the price list first.
When is occupancy at Karma Condos?
Estimated occupancy for Karma Condos is 2015-01-01.
How many units are in Karma Condos?
Karma Condos is planned as a 50-storey condo development.
How do I get platinum or VIP access to Karma Condos?
Circle Real Estate provides platinum access to Karma Condos, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for Karma Condos pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.