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878 Yonge Street Condos
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Condo Project Summary
This new condo project is a 59-storey pre-construction condominium proposed by Cityzen Development for Toronto’s Yorkville neighbourhood. Designed to serve as a gateway to the glamorous enclave, 878 Yonge Street is slated for occupancy in 2021.
This coveted site sits at the southwest corner of Yonge and Scollard Streets, just south of Davenport Road. Cityzen’s application proposes a contemporary structure comprised of a six-storey base anchoring an elegant, 53-storey residential tower. 194 residential units would be included, with a mix of 108 one-bedroom layouts, 54 two-bedroom layouts and 32 three-bedroom layouts.
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16,371 square-feet of indoor amenity space is proposed for this Yorkville condominium, which would be located in the building’s base, from levels two through six.
An additional 2,970 square-feet of indoor amenity space would be located on the building’s 17th floor. Over 4,500 square-feet of outdoor amenity space is proposed as well, most of which would take the form of an outdoor terrace on the fourth level, overlooking Yonge Street. Smaller outdoor amenity terraces on the building’s fifth and six floors would look southward
This new condominiums also calls for seven levels of underground parking, which will house 189 vehicle spaces and 196 bike spaces.
The site sits adjacent to the Frank Stollery Parkette, a small public courtyard. As part of the proposal, this parkette will be reimagined and enhanced with improved landscaping and the addition of a world-class art piece, which befits the space as a gateway to Toronto’s downtown.
The building’s base will be designed to provide an attractive and modern addition to the public realm, with plenty of glass and clean lines. The residential tower, accessible off Scollard, will be slender in form, with a dramatic grid-like façade clad in white marble and concrete.
Location & Neighbourhood
A neighbourhood that signifies both luxury and urban mobility, Yorkville is a vibrant place to live where almost every high-end amenity is at your fingertips. The stretch of Bloor Street from Yonge Street to Avenue Road – which is just minutes from the condo site – is often referred to as “Fifth Avenue North,” for its selection of upscale retailers such as Holt Renfrew, Tiffany & Co, Coach and Hermes.
The neighbourhood is also a mecca for A-list dining, design showrooms and high-end lifestyle services, which you’re likely to find on some of the side streets. Thanks to a sleek high-rise corridor that incorporates both residential and office buildings, it’s just as popular a neighbourhood to live in as it is to work in and the demand for space here reflects that.
It’s also considered one of the city’s main transit hubs, being one of the only intersections that provides subway access in all four directions. From here, getting to many of the city’s major destinations takes only minutes, including the Financial District, Ryerson University, The Entertainment District and Union Station. it scores a near perfect 99 on its Walk Score and a 95 on its Transit Score.
Even though it’s already considered a hotspot, the trend for development here shows little signs of slowing down and we’re anticipating some steady growth. Nearly ten luxury condominiums are in the pre-construction phase for the surrounding area, with several more in the proposal stage.
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878 Yonge Street Condo Developer
Cityzen Development Group is largely known for their innovative designs. Their modern condominium buildings are some of the most recognizable on the Toronto skyline. Frequently partnering with some of the city’s most renowned architects and designers, this organizarion excels at creating urban showpieces enhance quality of life and sense of identity.
Read more about Cityzen Development Group.
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