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Condo Project Summary
This condo project is a two phase, two tower high-rise luxury residential condo development perched atop an elegant podium. It is presently under construction and will be arriving soon at 501 Yonge Street in Church & Wellesley neighbourhood of Toronto. Presented by Lanterra Developments and designed by architectsAlliance. Teahouse Condos is set to welcome occupants in 2019.
The phase one tower will skyrocket 52 storeys with 589 suites, the second will rise 25 storeys encompassing 201 dwellings. Both structures will offer a variety of accommodations, starting with a bachelor, one bedroom up to three bedroom plus den layouts in the first tower, with sizes that range from 318-sq-ft.- 913-sq-ft. The second will consist of bachelors, one bedroom, one plus den, two and two plus den, and a three bedroom option. Units will start at 386-sq-ft.- 823-sq-ft. Pricing will commence at approximately the low $200,000's between both superstructures.
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Each suite is designed to be every bit as beautiful as it is functional. Ceilings will approximately be 8.5 ft. high, with approximate 40 ounce broadloom and upgraded underpad in bedrooms, laminate flooring in foyer, hallway, den, living room, dining room and ceramic flooring in laundry area. The kitchen will be equipped with a granite countertop, laminate flooring, selection of designer series kitchen cabinetry, sink with single lever faucet and pullout vegetable spray, designer series ceramic backsplash, ceiling mounted lighting fixture, under counter valance lights, accompanied by Energy Star stainless steel appliances.
Bathrooms will have marble tile flooring, marble counter with a designer raised basin, custom made medicine cabinet, 5’ soaker tub or shower with glass panel with chrome faucets, marble wall tile in tub or shower area, designer selected plumbing fixtures and cabinetry. All suites will also energy efficient features, that consist of individually metered hydro, energy efficient light bulbs, water conserving faucets and dual flush toilets.
It will house a spectacular two-level common shared space, connected by a central spiral staircase, which both physically unites the two separate towers and socially connects all of the building’s residents. This is where its inhabitants can enjoy access to a host of impressive amenities. First off, as you proceed down the corridor of the transcendent designed main floor lobby area, you will be greeted by a 24/7 concierge, with an inviting lounge area and a pet spa.
The sixth level amenities include, a men and women's washrooms and change rooms, fitness room, unisex sauna, indoor lounge area, fireplace, dining room with kitchen, outdoor pool and lounging deck, an outdoor Zen garden, outdoor lounge and barbeque areas. The seventh floor amenities will include, a management office, board room, two home theatre rooms accompanied with kitchenettes, a zen lounge, yoga room and a rock lounge. With all these conveniences, who needs to venture out, when you can enjoy all this in your very own urban oasis. Revel in on an upscale lifestyle amidst the beating heart of the city.
Location & Neighbourhood
Not only are you in close proximity to several schools, major employment hubs, shopping districts and cultural attractions, you are also just steps away from an array of eateries, bars, patios, cafes, professional services, eclectic shops, not to mention two subway stations and access to a 24hr bus route that runs along Yonge Street.
Being downtown, keeps you connected to everyone and everything. It is ideally situated to take advantage of everything the city has to offer. Featuring two distinct residential towers with the culture and design traditions of Asia, in which you are sure to be inspired by are the influence for this new landmark building on the most iconic street.
Your serene retreat from the vibrant energy of downtown living. Embracing the use of natural materials, clean linear lines, ethereal symmetry and precise dimensions, it embodies the spirit of Asia and all its richness and beauty. This new condo project occupies pride of place in one of the city’s next great up and coming neighbourhoods. So what do you say, does this sound like an excellent place for you?, if so, take the opportunity to be the first of many who will call this residence their new address.
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Teahouse Condo Developer
Lanterra Developments is a real estate development company that creates iconic condominium communities within the GTA. They believe that their towers should provide amazing amenities, outstanding location, epochal architecture and design, in order to define the urban lifestyle and by also adding to the streetscape skyline of Toronto.
Read more about Lanterra Developments.
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