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327 Royal York Condos
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Condo Project Summary
This new pre-construction development will ascend 20-storeys as a mixed-use residential high-rise condominium that will be within close proximity to the Mimico GO Transit station and its new associated parking facilities. The development is being forefronted by renowned VANDYK Group of Companies and will be situated at 327 Royal York Road located directly adjacent to the Mimico GO Station and minutes’ from downtown Toronto.
This condominium project is an unbelievable opportunity for you and many to own or invest in an-up-and-coming transformational neighbourhood. The project is conveniently located in a major transit area, which makes it all that much more desirable. In total, the development will house 190 residential units, expressed by 114 one-bedroom suites, and 76 two-bedroom layouts.
Mimico is currently undergoing a revitalization rebirth that will build on under-utilized or vacant sites. It will focus on the area’s strengths and create new opportunities for positive additional changes along the Lake Shore Boulevard corridor between Royal York Road, and Mimico Creek. South Etobicoke has been experiencing an intense population growth over the last few years, deriving from an influx of numerous high-rise towers that are currently being built and or planned for the area.
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The site will consist of approximately 1,100 square metres of retail /commercial space; along with three levels of underground parking that will accommodate 361 stalls, where 220 will be assigned to its residents and 141 spots for the GO Station which will add to its 109 existing stalls, as well as four grade-level visitor parking spaces. The joined residential and commercial gross floor area will relatively be 15,500-sq-metres, resulting in an approximate (FSI) floor space index of 2.5 for the entire lot area.
An array of indoor amenities will likely be provided for the exclusive use of its residents and their guests, for recreational or social purposes. Its ground floor commercial element will grant to the vivacity of the site and will complement Royal York’s street frontage.
It will serve as a convenience to building occupants, local area residents and GO Station patrons. This will create a balance that will meet the needs of its local community.
The property is designated as a mixed-use area, and is closeby to a wide arrangement of commercial, residential, retail shops, institutions, community facilities, other services and employers alike. With all the construction and new builds, this area is making it more desirable. It being an urban downtown community that is booming, many are looking to make this soon to be chic, swanky, avant-garde neighbourhood as their very own little oasis. Now is your opportunity, register with us below!
Location & Neighbourhood
The city is growing as is this part of south Etobicoke; therefore, Mimico GO Station is also undergoing a significant conversion. It will include platform renovations, and new pedestrian tunnels that will connect its residents to its surrounding neighbourhoods. Transit service needs to be increase to help people get around. Hence, the addition of the Mimico 176 GO bus; eight new stops will be incorporated along its route between the Lake Shore Loop, located at Lake Shore Blvd, and Park Lawn Rd., just east of the station. The province is dedicated to expanding train service for the area as well, which will allow its citizens to get around more efficiently and safely.
The surrounding area has several green spaces that encourages a healthier lifestyle; with the likes of Stanley Avenue Park, Queens Park, Mimico Arena, Manchester Park and Alan / Oxford Parkette.
The property will have pedestrian and vehicular access off Windsor St, and pedestrian walkway access only from Royal York Road. The residential tower will contain a vehicle drop off area, and a “Kiss-and-Ride” drop-off section at the GO commuter station. With all these enhancements, many are expecting properties in the surrounding area to increase in value in the coming years.
As a result of the increased demand for housing, in conjunction with momentous price appreciation in the pre-condo market, this project makes for an attractive investment opportunity. 327 Royal York is undoubtedly the epitome of a sustainable urban development, that embodies the seamless integration between a beautiful public realm, higher order transit and a dynamic mixed-use development for all to relish in.
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327 Royal York Developer
With their forward thinking, VANDYK understands the importance of location in the real estate industry. As a developer they have been able to find success by complying to some of the most fundamental principles, in turn making them a celebrated firm that can be trusted.They look to bring their developments to the 21st century and are able to do so with their stunning projects throughout the GTA.
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