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41 Roehampton Ave Condos
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Condo Project Summary
Coming soon: an exciting development for the rapidly growing Yonge and Eglinton Area. Proposed direct access to the subway, a wrap-around terrace and breathtaking architecture are just some of the things that will set this condominium apart from the masses. The 41 Roehampton with an occupancy date scheduled for 2021, Capital Development and Metropia’s latest midtown condominium is set to be a true show stopper.
This new condo building will occupy a site just steps of the northeast intersection of Yonge and Eglinton, one of the city’s most desirable urban pockets. The proposal calls for a 48 storey structure housing 617 units in total. TACT Architecture has been hired for the building’s design and their renderings show a stunning and contemporary structure. The unit mix will consist of 10 bachelor suites, 443 one-bedroom and 164 two-bedroom suites.
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This midtown condominium also has proposed direct subway access, which would make it one of the only residential buildings in the area to offer that feature. Access would be available both from the building itself, where an indoor corridor at the end of the building would provide both stairway and elevator access to an underground connection, and from a public greenspace proposed for one end of the development site.
The building’s second floor would be devoted to amenities, both indoor and outdoor. On the building’s ninth floor, an expansive wrap-around outdoor patio would provide residents with entertaining space and stunning views, while seamlessly connecting to an indoor lounging and dining area.
Like many units in this vibrant urban neighbourhood, we’re betting this project will include suite finishes that appease even the most discerning homeowners, such as floor-to-ceiling windows, rich engineered hardwood, stainless-steel appliances and sleek, luxurious bathrooms.
Location & Neighbourhood
Yonge and Eglinton is a great location for investors and those seeking valuable income properties. It’s grown exponentially over the past five years, resulting in the province designating it an “Urban Growth Centre” and predicting even more growth. This is partly encouraged by the future Eglinton Crosstown LRT, which is scheduled to be up and running by approximately 2020. Once finished, Yonge and Eglinton will be one of the only intersections in the city with rapid transit access in all four directions. This makes the area a great place to invest in now, as this prime transit opportunity will likely cause homes in the neighbouhood to increase significantly upon completion of the LRT. it scores a 96 on its Walk Score and a 92 on its Transit Score.
With a wealth of upscale dining, shopping and recreation options lining the stretch, it’s an area popular with young professionals seeking the same energy as the downtown core. It’s also become a business and professional hub, and a multi-million-dollar commercial redevelopment at the intersection will likely contribute further to that.
With suites here commanding top rental rates, it’s a great option for those looking to secure a great building and some professional tenants to go along with it.
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41 Roehampton Ave Condo Developers
Capital Developments is already responsible some of midtown’s most talked about condominium developments. A leading Canadian firm with international roots, the founding members of Capital bring a wealth of experience and knowledge across the real estate sector and are behind some of the city’s most stylish urban properties.
Read more about Capital Developments.
Metropia is a privately-owned real estate developer focusing on urban renewal and design innovation throughout the GTA and Calgary. Their expertise ranges from acquiring land and securing approvals to designing entire communities. With at least one striking condominium in the nearby area already, their urban vision continues to contribute to the midtown neighbourhood with 41 Roehampton.
Read more about Metropia.
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