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399 Yonge Street Condos
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Condo Project Summary
A new condo development is coming to the thriving Yonge and Gerrard intersection of Toronto.
399 Yonge Street Condos is a new mixed-use high-rise condominium by Capital Developments in Toronto. This 75-storey pre-construction project with 828 residential units is located at 399 Yonge St, on the northeast corner of Yonge and Gerrard in downtown Toronto.
This development will include residential units ranging in size from one to three bedrooms, giving potential buyers plenty of options. This project will be located near Toronto Metropolitan University and the University of Toronto's St. George campus.
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399 Yonge Street Condos present a stunning addition to this thriving downtown scene. This condo project consists of a uniquely-designed cosmopolitan tower rising 75-storeys above a 4-storey podium. This new development will be home to 828 residential suites including 73 junior one-bedroom units, 302 one-bedroom units, 124 one-bedroom plus den, 243 two-bedroom units, and 86 three-bedroom units.
The building’s architecture promises to be distinct with a gridded exterior comprised of windows in two-storey segments and vertical piers emphasizing the structure’s formidable height. This development will feature a 4-storey podium that will hold retail space on the ground floor and amenity space.
No balconies are planned, but a few suites will have contiguous terraces integrated with the overall structure on multiple levels.
In addition, indoor amenity spaces will be located on floors 2, 5, 49, and 75, giving residents expansive room to socialize.
This promising condo development can be a perfect opportunity for investors interested in acquiring a reliable form of passive income via owning a student rental unit.
This can also be an ideal investment for young urbanites who love the fast pace of cosmopolitan downtown living.
Location & Neighbourhood
This location is a city lover's paradise. With needs and desires located just minutes from home, this development will keep residents connected at every moment. Locals can encounter the excitement of Yonge and Dundas Square just one block away. In addition, numerous shopping and dining opportunities await at the city’s iconic Eaton Centre just down the street.
399 Yonge Street Condos is incredibly close to Toronto Metropolitan University and the University of Toronto St. George campus, it presents a fantastic opportunity for those interested in investing in student rental housing. This is also a vibrant option for city-lovers who are first-time buyers seeking a highly walkable and dynamic urban setting. The city of Toronto and its developers have recognized this potential and are planning buildings similar in height at 372, 383, and 415 Yonge Street, making this an investment hotspot.
What’s more? Everyday essentials such as groceries are nearby as well as life’s necessities at Shoppers Drug Mart.
Affordable yet tasteful decor can be obtained nearby at Ikea Toronto Downtown. With a stunning Walk Score of 98/100, residents at this location don’t require a car for daily errands and can take in all Toronto has to offer on foot.
To move around the city, residents can access the subway at College or Dundas Street TTC stations to connect with Line 1 Yonge-University. A ride of just minutes connects with Union Station, providing access to public transportation around the wider Greater Toronto Area. Here, GO and VIA Rail services are both easily accessible. In addition, bike lanes in this neighbourhood allow for ease of transportation, making this location a dynamic urban landmark with a promising future.
As a building contributing to transforming Toronto’s downtown landscape, this condo project presents an unbelievable investment opportunity.
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399 Yonge Street Condo Developer
Capital Developments is a prolific developer of residential condos throughout the Toronto area. With a track record that spells out success, this company prides itself in building exceptional relationships and leading buildings. As a Canadian industry trailblazer, Capital Developments has delivered numerous projects to date including the stunning condos at 150 Redpath and the West Block at Bathurst and Lakeshore.
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