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2577 Yonge Street Condos
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Condo Project Summary
Introducing a new mid-rise condominium located at 2577 Yonge Street. This mixed-use condominium is in the pre-construction phase and will be comprised of 13 residential units on levels two through eight and amenity space on the second and ninth floor. Additionally, investors can expect two retail units on the first floor of the complex.
2577 Yonge Street Condos is located in the heart of midtown Toronto, just a few blocks north of Eglinton. The proposed plan will replace commercial buildings in the area and replace them with a 9-storey condominium.
Although the plan will be to demolish the existing commercial space that runs through 2577-2581 Yonge Street, the front façade of 2581 Yonge Street will maintained and incorporated into the design of the building as it is considered a heritage landmark that was developed in the 1920’s.
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This new investment property will include a mix of multi-bedroom layouts including 2 two-bedroom units and 11 three-bedroom units. Private outdoor balconies and terraces will be provided for each residential unit.
This real-estate property will have separate access to the common lobby from Yonge Street that doesn’t interfere with the retail space on the first floor. Additionally, parking spaces will be provided for residents including 27 underground parking spaces and two spaces at grade. Residents can also expect 13 residential bicycle spaces and 10 bicycle spaces for visitors.
On the second and ninth floor of the complex, investors and future residents can expect indoor and outdoor amenity space. Although the type of amenities in the building are not yet confirmed, we can expect to see an extensive list of amenities to make up both floors. Register below to receive the most up-to-date information about this project as soon as it becomes available.
Location & Neighbourhood
This area is just a few blocks away from the vibrant Yonge and Eglinton Square. This location is ideal for investors and home-owners looking for a convenient location that has all of the amenities midtown has to offer. Yonge and Eglinton is blossoming with employment opportunities, a growing number of condominiums and the transformation of the Eglinton Crosstown LRT.
This area offers a Walk Score of 83 out of 100 which means that daily errands can be accomplished on foot and many necessities that residents need are all within walking distance. Within the area, residents will find a range of authentic dining cuisines including Freshii, Green Papaya, Osmow’s and The Captain’s Boil. The area also offers a variety of fine-dining cuisines such as Cibo Wine Bar, La Vecchia Restaurant and The Keg Steakhouse. For younger residents looking for a great place to enjoy cocktail hour after work, the area is full of bars including Acrobat Lounge, SIP Wine Bar, Prohibition Gastrohouse Midtown and Granite Brewery.
The neighbourhood is filled with grocery stores, banks, pharmacies, cafes and entertainment such as Cineplex theatres. Just a few blocks north to Eglinton Avenue, residents will find more restaurants, cafes, bars, entertainment and shopping options. The bustling area of Yonge and Eglinton Centre has many retail stores and fitness centres to choose from. Residents will never get tired of this high energy area.
On top of the incredible amenities located in the neighbourhood, investors and home-owners can get excited for new transit coming to the area with the Eglinton Crosstown LRT project. This project will include 25 stations that will rapidly run east and west of the city, getting residents and commuters to their destinations quicker. The project is expected to be completed in 2021 and will give young professionals and families freedom to work, grow and play in an area that is rapidly developing. In the meantime, Line 1 Eglinton Station is only a 10 minute walk or a 5 minute bus ride away. Residents will enjoy the excellent transit in the area with multiple bus routes circulating every few minutes and a 30 minute subway ride to downtown Toronto.
With all of the amenities in this prime area, what more can residents want in this growing neighbourhood.
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