Published 23 August 2026 · Updated 29 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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Bloor Promenade is the 44-storey, 395-suite Tridel tower that carries the retail podium of the Islington Terrace complex, registered as TSCC-2946 on 20 October 2022 and managed by Del Condo Management. Islington station is described as a zero-minute walk.
Two things set it apart from its two sister towers: it is the building with retail at grade — over 10,000 square feet of it — and it is the newest of the three. It is also the one most likely to confuse you on a listing, because it has two addresses in circulation.
The address problem, first
This building appears as 5 Mabelle Avenue on Tridel’s own homeowner page and as 64 Cordova Avenue on both condo databases. The postal codes attached to those two addresses also differ — M9A 4Y1 versus M9A 3J9.
Both are describing the same corporation. But it matters practically for two reasons:
- One database files the neighbouring Islington Terrace tower as “5–7 Mabelle,” which collides with this building’s Mabelle address. If a listing says “5 Mabelle”, confirm which corporation the unit belongs to before comparing it to anything — TSCC-2946 here, TSCC-2782 next door. They have different fees, different reserve funds and different resale histories.
- If you are searching listings by address, search both.
Bloor Promenade at a glance
| Field | Detail | Source |
|---|---|---|
| Address | 5 Mabelle Avenue (Tridel) / 64 Cordova Avenue (databases) | Tridel, condos.ca, strata.ca |
| Storeys | 44 | condos.ca, strata.ca |
| Suites | 395 | condos.ca, strata.ca |
| Completed | 2021 (strata.ca) or 2022 (condos.ca) — sources disagree | both |
| Developer | Tridel | Tridel, CondoNow |
| Architect | KIRKOR Architects and Planners (complex) | UrbanToronto |
| Property management | Del Condo Management, office on P1 | Tridel |
| Condominium corporation | TSCC-2946, registered 20 October 2022 | condos.ca |
| Retail at grade | Over 10,000 sq ft | CondoNow, UrbanToronto |
| Nearest subway | Islington — zero-minute walk | strata.ca |
On the completion year: the corporation registered in October 2022, which is consistent with the later date but does not by itself settle when the building was finished. If it matters, get it from the declaration.
Living above the retail
The complex’s retail sits at the base of this tower specifically — over 10,000 square feet of it, per CondoNow, with UrbanToronto confirming its location at this building rather than the sister towers.
What that means in practice, in both directions:
| The advantage | The cost |
|---|---|
| Things you use every week are at the bottom of your own elevator. In a subway-adjacent building, this is what makes a genuinely car-free life work rather than merely possible. | Retail means deliveries, waste collection and a loading dock operating on a schedule that is not yours. Lower floors on the retail side are the ones to inspect at 7am on a weekday. |
| Retail at grade keeps the street active, which is a real amenity in a neighbourhood otherwise defined by tower podiums and parking. | Foot traffic through the ground floor changes the lobby’s character compared with a purely residential entrance. |
The retail square footage is documented. Which businesses occupy it is not — I found no source naming a grocery, pharmacy or bank tenant here. If a specific service at grade is part of why you are buying, go and stand there before you offer. Tenants change; a lease is not a building feature.
25 Mabelle Avenue carries an approved-in-principle proposal for a 49-storey, 153-metre tower with 580 condominium units by Tribute, designed by BDP Quadrangle — approved in principle by the Ontario Land Tribunal in November 2021, with a City application filed in September 2022. It would be the tallest structure in the immediate area.
Check the live status on the City of Toronto’s Application Information Centre before paying a premium for a view, and think about which way the suite faces. My summary here will go stale.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Amenities
condos.ca renders only four for this building — concierge, gym, indoor pool and party room — then describes “over 50,000 square feet of indoor and outdoor amenities” across the complex. CondoNow separately lists a basketball court, splash pool, children’s play zone, fitness centre, yoga studio, movie theatre, sauna and steam room.
I am not merging those two lists into one confident inventory, because the second is a marketing source describing the complex rather than this corporation. What is safe to say: this tower has a concierge, a gym, an indoor pool and a party room, and it sits on a very large shared amenity podium. Confirm anything else with the property manager.
Three corporations sharing one c-shaped podium means a shared-facilities agreement governs who owns which amenity and how the cost splits. That document is not public. Before you assume the 50,000 square feet is yours, ask the manager in writing what TSCC-2946 owns outright and what it is obliged to contribute toward — and have your lawyer read the agreement alongside the status certificate.
When I checked the two large public condo databases on 23 August 2026, they disagreed about this building’s average price per square foot by a wide margin — and that pattern held across every building I checked in this pocket of Etobicoke. The gaps ran from 18% to 27%. Two databases cannot both be right about the same building on the same day, and I have no way to tell you which one is closer. What that tells you is simple: aggregator price-per-square-foot figures are not a valuation. They are built from small samples, sometimes mixed with rental data, and they move sharply on one unusual sale. If you want to know what a specific suite is worth, ask me for the actual sold comparables and I will show you the individual transactions.
Market figures, and one number to ignore
Read on 23 August 2026:
- condos.ca: values down 8.9% over twelve months; $781 per square foot on 14 recent sales; average rent $3.72 per square foot across 83 rental listings; trading about 9.6% above the surrounding area; 47 days average on market; ranked 41st of 170 Etobicoke buildings.
- strata.ca reported a 0% twelve-month change and “insufficient transaction data” for most metrics.
Ignore that 0%. It is a null-data artifact, not a finding — the same page says it does not have enough transactions to calculate. This is exactly the sort of figure that gets quoted at buyers as though it means the building held its value. It does not mean that. It means nobody counted.
The 47-day average on market is the more useful number here, and it is notably longer than the 27–28 days recorded at the two sister towers the same day. Worth asking why before you list here.
When I checked this building on 23 August 2026, the two large public condo databases — condos.ca and strata.ca — disagreed about what the monthly fee covers. That pattern held on most South Etobicoke buildings I checked, which tells me at least one of them is populating the field from individual MLS listings rather than from the corporation’s budget. Under my licence I’m not willing to publish a fee inclusion list I can’t stand behind. The only reliable source is the status certificate, which the corporation must provide within 10 days of a written request and a fee capped at $100 including HST under Ontario’s Condominium Act. Ask for it before you waive conditions, and have your lawyer read it.
For this building, one source listed indoor parking as included with hydro, heat, air conditioning and water excluded; the other did not render the field at all. That is a single-sourced claim on the most unreliable field in the whole dataset. Do not budget from it.
What I could not verify
- Maintenance fee rate. Neither primary source publishes one. A marketing site shows $0.52 per square foot and parking at $35,000 — pre-construction figures from a secondary source, and I will not publish them as current.
- Unit size range. 510–1,539 sq ft on one source, 510–1,278 sq ft on another.
- Pet policy, EV charging, guest suites, retail tenant mix.
The takeaway
Bloor Promenade is the newest of the three Islington Terrace towers and the one with the retail podium — which, combined with a subway platform at the door, makes it the most genuinely car-optional address of the three. Two things to settle before an offer: confirm the corporation number on the listing, because the Mabelle addresses overlap; and ask why suites here have been sitting roughly twenty days longer than at the sister towers.
Thinking about this building?
Send me the unit number or the listing link. I’ll tell you what I actually know about the building, what I’d want to see in the status certificate, and whether the price makes sense against what has sold. No pitch, no obligation.
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Building data for 5 Mabelle Ave
Pulled from City of Toronto open data · Scarborough-Rouge Park · read 8 October 2026
Most recent permits here
- Building Additions/Alterations Interior Alterations · Inspection · 2024-06-04Proposal for interior fit-out for dental office
Registered unit counts and plan numbers come from the City’s register of residential condominiums (2002–2018), so buildings registered before 2002 show no plan data here. Permits and development applications come from the City’s open data and are updated automatically. Always confirm details with the status certificate before you buy.
Frequently asked questions
Is Bloor Promenade at 5 Mabelle Avenue or 64 Cordova Avenue?
Both addresses refer to the same building. Tridel’s own homeowner page uses 5 Mabelle Avenue; condos.ca and strata.ca file it as 64 Cordova Avenue. Because a neighbouring Tridel tower is sometimes filed as “5–7 Mabelle,” always confirm the corporation number on a listing — Bloor Promenade is TSCC-2946 and Islington Terrace is TSCC-2782.
How many units are in Bloor Promenade?
395 suites across 44 storeys, per both condos.ca and strata.ca. The corporation, TSCC-2946, registered on 20 October 2022.
Is there retail at Bloor Promenade?
Yes — over 10,000 square feet at grade, and the complex’s retail sits at the base of this tower specifically rather than the sister towers. The square footage is documented; the tenant mix is not, so if a particular shop or service matters to you, go and look before you offer.
How close is Bloor Promenade to the subway?
strata.ca describes Islington station as a zero-minute walk. This is genuine subway proximity rather than a bus connection, which is unusual for Etobicoke condominiums.
Did Bloor Promenade hold its value?
The two sources give very different answers. condos.ca reported values down 8.9% over twelve months on 14 recent sales when I read it on 23 August 2026. strata.ca showed 0%, but the same page said it had insufficient transaction data — that 0% is a null-data artifact, not a finding, and should not be quoted as evidence the building held value.
What are the maintenance fees at Bloor Promenade?
Neither primary source publishes a fee rate for this building. A marketing site shows $0.52 per square foot, but that is a pre-construction estimate from a secondary source and I will not publish it as current. Get the actual figure from the status certificate.
When was Bloor Promenade completed?
The sources disagree: 2021 on strata.ca, 2022 on condos.ca. The corporation registered in October 2022, which is consistent with the later date but does not by itself establish completion. If the date matters, get it from the declaration.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Sources
- Tridel — Bloor Promenade homeowner resources. The developer’s own page: the 5 Mabelle Avenue address and postal code, property management company, contact and office location. Accessed 23 August 2026.
- condos.ca — Bloor Promenade, 64 Cordova Ave. Building profile: storeys, suite count, corporation number and registration date, amenities, twelve-month value change, price per square foot, rental figures and days on market. Accessed 23 August 2026.
- strata.ca — 64 Cordova Ave, Bloor Promenade. Alternative completion year, subway walking time, transit stop, fee-inclusion field and the insufficient-transaction-data notice. Accessed 23 August 2026.
- CondoNow — Bloor Promenade. Developer attribution and the over-10,000 square feet of retail figure, plus a marketing-level amenity list for the complex. Accessed 23 August 2026.
- UrbanToronto — Bloor Promenade tops off in Tridel’s Islington Terrace complex. Confirmation that the retail sits at the base of this tower, the c-shaped shared podium and the townhouse component. Accessed 23 August 2026.
- Storeys — 25 Mabelle Avenue tower proposal. Reporting on the proposed 49-storey, 580-unit tower beside this complex and its approval history. Accessed 23 August 2026.
- Condominium Act, 1998, S.O. 1998, c. 19 (Ontario). The statute governing status certificates, shared-facilities agreements and the prescribed maximum fee. Accessed 23 August 2026.
Related reading
- Condos near Islington and Kipling stations — the subway buyer’s guide
- Living at Islington Terrace, 7 Mabelle Avenue
- Living at Bloorvista at Islington Terrace, 9 Mabelle Avenue
- Living at Westlake Encore, 10 Park Lawn Road
- What a status certificate tells you about an Ontario condo
About the author — Jatin Dua, Etobicoke real estate agent
I’m the Broker of Record at RE/MAX Quantum Realty, 799 The Queensway in Etobicoke, a few minutes from every building on this page. I work with buyers, sellers and investors across Mimico, Humber Bay Shores, New Toronto, Long Branch, Alderwood and the Stonegate–Queensway corridor. I write these building guides the way I’d brief a client at my own kitchen table: what is documented, what isn’t, and where the published numbers disagree with each other.
Questions about a specific suite? [email protected] or 833-330-1925.