The Story of 316 Junction: The “Sold Out” Hot Ticket

You heard right—316 Junction was one of the hottest tickets in town. When Marlin Spring first launched this project at 316 Campbell Avenue, it had everyone talking. And for good reason.

It was marketed as the perfect condo: a 26-storey tower with a cool, industrial-chic vibe right in the heart of the Junction Triangle. It had all the buzzwords that buyers loved:

* An Unbeatable Location: Seriously, this is its superpower. It’s a short walk to the Dundas West/Bloor GO/UP Express station. That means 15 minutes to Union Station or 15 minutes to Pearson Airport. It’s a true transit hub.
* The Vibe: The neighbourhood is electric. It’s that perfect Toronto mix of old-school grit, new-school art, craft breweries, and amazing little shops.
* The Amenities: They weren’t holding back. We’re talking a two-storey gym, a co-working lounge, an “art-maker” studio (so very Junction!), and a pet wash.

It had “hit” written all over it, and the initial condo launch was a huge success.

The Big Plot Twist: A New Chapter

This is where the story gets interesting. After that initial surge, the market shifted, and the developers made a major “pivot.”

While condo-tracking sites list it as “100% Sold Out,” what actually happened is that the developer decided to convert the entire project from condominiums into a purpose-built rental building.

So, in a way, it did sell out—it was just taken off the “for sale” market.

The great news? All the reasons it was a hot ticket as a condo are the exact same reasons it’s now one of the most anticipated rental buildings in the city.