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2450 Victoria Park Condos
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Condo Project Summary
This project will be close to shopping and a future rapid transit line. A mixed-use development by Collecdev will occupy a site on the southwest corner of Victoria Park Avenue and Consumers Road, just south of Sheppard Avenue East. Currently a vibrant employment district, Collecdev’s proposal is calling for a mix of residential, office and retail space on the 4.77-acre site.
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An existing 7-storey office building on the property will be retained, while 895 dwelling units will be added through a series of two 25-storey condominium towers and a 30-storey condominium tower. Two blocks of three-storey townhomes are also proposed for the site.
Nearly 35,500 square-feet of retail space is proposed as well, likely on the ground level of the condominiums, forming a truly mixed-use development. The developers are also planning to incorporate 21,000 square-feet of parkland in two sections; one fronting Consumers Road and one fronting Victoria Park.
Location & Neighbourhood
One of the biggest perks this neighbourhood has is its proximity to the future Sheppard Avenue West LRT, a mere five-minute walk away. The LRT will provide quick access to the subway line, making many destinations easier to get to, including universities, hospitals and Toronto’s Financial District. Driving? The site is minutes away from both highways 401 and 404.
Investing in 2450 Victoria Park Avenue will also give you access to one of the only modern condominium developments in this bustling commercial neighbourhood. Studies are showing that the modern tenant prefers to live close to their place of work, ideally within walking distance or utilizing a short public transit commute. Having this rich employment district nearby is a great bonus for this community, along with the convenience of retail options, which make running day-to-day errands a breeze.
Once the LRT is up and running, residents will be just minutes away from the popular Fairview Mall – which has also seen a lot of condominium proposals to accommodate growth – and a brand-new, 50,000-square-foot community centre. Growth and development are alive and well in this pocket of North York and 2450 Victoria Park will be a welcome addition.
Mixed-use communities will be the way of the future for housing in the GTA and this exciting development will be one of the first in the surrounding area. We’ve already seen success with some modern condominium towers both east and west of the site, and this is the next step. Investment and upgrades continue into the existing office buildings around the site and we’re expecting the area to continue to thrive.
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2450 Victoria Park Condo Developer
Collecdev is a development firm made up of several experienced professionals, including its President Maurice Wager, who has extensive experience in the Canadian real estate development field. He has spearheaded strategic planning initiatives throughout Toronto and the GTA and has a diverse portfolio that includes rental apartments, retirement residences, commercial units and contemporary condominiums.
Collecdev has undertaken several mixed-use projects throughout North York and midtown Toronto and they continue to promote their values, which include innovative architecture, thoughtful community planning and the inclusion of parkland and public art.
Read more about Collecdev.
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