2500 Yonge Street Condos

2500 Yonge Street Condos

2500 Yonge Street Condos

2500 Yonge St, Toronto, ON M4P 2H7, Canada

 

$600,000 's

Property ID :

 RH-9533-property

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Bedrooms

1-xx

Bathrooms

1-xx

Area

560 - 1120 Sq.Ft

Description

2500 Yonge Street Condos is a mixed-use development in Toronto by Madison Group at the Yonge and Eglinton intersection. Residents of this high-rise tower will get some stunning views of the neighbourhood from this address. Those lucky enough to call these condos home will get to enjoy some tremendous amenities, including the spacious outdoor amenity space on the second floor. They’ll also be able to take advantage of the convenient retail facing Yonge on the ground level.

Amenities

Most of the building’s amenities will be located on the second floor of the development. This includes a large communal courtyard located on its northern side. There will also be two indoor amenities rooms — sized at 3,686 and 3,641 square feet — directly attached to the courtyard. In addition to the amenities on the second level, there’s also a 3,558 square foot outdoor space and 914 indoor space located on the northern part of the fourth floor.

This is a mixed-use condominium building that’s equipped with ample retail floorspace on the ground level. There will be a total of 87,328 square feet of retail floor space throughout this landmark project, with multiple commercial retail units facing Yonge Street, and larger retail areas on the second and below-grade levels.

Location & Neighbourhood

This building is located on the northwest corner of Yonge and Castlefield. It will have existing low-rise retail on its south and west, St. Clements School to its north, and existing low-rise commercial buildings across the street to its east.

There’s no question that Yonge and Eglinton is a fantastic place to live, and an even better place for investment! In addition to its current charm and character, the neighbourhood will soon benefit from the Eglinton Crosstown LRT. This new rapid transit line will travel along the Eglinton corridor from Mt. Dennis in the west all the way to Kennedy Station in the east, connecting the entire region of Midtown Toronto together.

It will also turn this neighbourhood into a central transit node in the Toronto subway system. In addition to streaking down Eglinton Avenue, it will create two new transfer stations, one of them being Eglinton Station. This means that residents will virtually have the entire city at their doorstep because the station is only a 7 minute walk away.

The population in this neighbourhood has seen significant growth in recent years. It grew from 7,162 in 2011 to 11,817 in 2016, which represents an 11.7% growth over five years. This trend is expected to continue as real estate developers and the city work to complete their projects.

Developer

This developer is one of the most well established builders in the GTA. They started in the 1960’s by building freehold homes, and it wasn’t long until they were building entire subdivisions. They were able to read market trends, and they’ve since shifted their focus to luxury condominium buildings. They’re known for their value, tremendous customer service, and ability to produce innovative designs.

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