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120 Grangeway Ave Condos

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Location
120 Grangeway Ave, Scarborough, ON M1H 3E9
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120 Grangeway Ave Condo Summary

This new condo project is a pre-construction development proposed by The Goldman Group. Calling for six towers in total with 2,383 residential units, 120 Grangeway Avenue is slated for an occupancy date in (TBA).

120 Grangway Ave is located at Scarborough City Centre neighbourhood situated right next to the future Scarborough Centre Subway Station, this high-density site will eventually include a new street, pedestrian walkways and plentiful retail space.

This is a great opportunity to be part of a growing region that's seen several developments nearby, contributing to a new, urban feel for this east end suburb.

 

120 Grangeway Ave Condos
New Condo Development in 120 Grangeway Ave

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Amenities

120 Grangeway sits just east of the Progress Avenue and McCowan Road intersection.

The Goldman Group is proposing a new east-west street that would divide the site into two blocks. The north block would house three towers atop a shared five-to-eight storey podium. These towers would stand 50, 45 and 35 storeys, while maintaining the city’s suggested 25-metre separation between each.

The south block would house a similar structure, with the remaining towers reaching 34, 48 and 52 storeys. The two podiums in this development would share almost 50,000 square-feet of retail space, along with two levels of underground parking and five levels of above-ground.

At 120 Grangeway Avenue, a total of 2,383 residential units are proposed, ranging from one-bedroom to three-bedroom-with-den layouts. With a sleek design by Richmond Architects, we’re expecting this community to bring an urban edge to the steadily-intensifying neighbourhood of Scarborough City Centre.

Location & Neighbourhood

We’ve definitely been seeing an increase in proposals for the area around Scarborough Town Centre. Much of this has been encouraged by the upcoming plans to extend Scarborough’s transit system.

120 grangeway is ideally situated to be adjacent to the upcoming terminal station, which will act as the terminus for the subway line, as well as connect to regional bus networks and the GO system. The area currently scores a 96/100 on its Transit Score, making it a great spot for those who commute on a regular basis.

In this neighbourhood you’re also close to the recently-renovated Scarborough Town Centre, the fourth-largest shopping centre in the GTA. Here you’ll find over 250 retailers, a Cineplex Cinemas and a light-filled dining area with an abundance of restaurants to choose from.

Drivers will appreciate the close proximity to Highway 401, while the Don Valley Parkway is a short drive away, providing easy access into downtown Toronto or other parts of the region.

Just east of this development is a multi-tower proposal, while just to the west, developers have submitted an application calling for a four-tower project with 1,591 units.

The upcoming Sheppard Avenue East LRT, planned for just north of the site, has also sparked several mixed-use projects for the surrounding area, bringing both living, retail and office space to this pocket of the GTA.

Once the region’s transit plans are solidified, we’re expecting even more density, and an increase in property values. Interested in investing in the GTA? This is a great area for it.

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The Goldman Group

The Goldman Group has been building homes in and around Toronto for decades, including several close to this site. Since establishing their name as builders and renovators of single-family homes, The Goldman Group has moved into the high-rise market, finding success with a number of contemporary condominiums in up-and-coming neighbouroods throughout the GTA.

Read more about 120 Grangeway Ave Condos Developer.

The Goldman Group

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