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The One Residences
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Condo Project Summary
Easily one of Toronto’s most talked-about developments, this towering Yorkville condominium could be your sanctuary in the clouds. With an internationally-acclaimed architecture firm at the helm, this luxury high-rise is on track to be one of midtown’s hottest addresses. Introducing The One Residences, by Mizrahi Developments. Occupancy begins in 2023.
High above the energetic district, this building occupies a prime spot on the southwest corner of Yonge and Bloor Streets. At 85 storeys, it’s currently the tallest residential building under construction in Toronto. With 416 luxurious units overlooking the city skyline, residential suites occupy most of the building, while seven floors of shops, cafes and restaurants occupy the bottom portion. This retail base, formed around a soaring, 60-metre atrium, will be directly connected with the city’s underground PATH network.
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Renowned, London-based architectural firm Foster + Partners has signed on to design the building, in collaboration with CORE Architects. The locally-based CORE has worked on some of Toronto’s most striking and contemporary condominiums, while Foster + Partners is a firm with international reach, having designed iconic residences and cultural institutions across the globe.
The architecture team has designed the building to have warm, metallic tones and a unique façade featuring slender bronze ribbons that subtly wrap their way upwards. Suites at The One Residences will consist mostly of one-bedroom units, with a more limited selection of two and three-bedroom units.
Suites are more spacious than you typically find in the condo market, with one-bedrooms ranging from 625 to almost 1,000 square feet, two-bedrooms approximately 2,000 square feet and a sprinkling of lavish three-bedroom, three-storey units that range from 4,000 to an eye-popping 9,000 square feet. Residential suites will be housed from the nineteenth floor and upwards, while eight floors of hotel space and seven floors of retail space will complete the tower. A full range of high-end indoor and outdoor amenities is proposed, including a wraparound outdoor terrace, offering unparalleled north, east and south exposure. It’s the perfect place to throw a killer outdoor dinner party with dazzling views of the city. With interiors by upscale design firm Gluckstein Home, these suites will be thoughtfully-designed with a roster of luxe, contemporary touches.
Location & Neighbourhood
This new project is located in the heart of Yorkville, one of Toronto’s most desirable enclaves. Filled with flagship stores for upscale brands, five-star cuisine and cultural landmarks, it has a sparkling urban energy that’s unique to the area.
Home to many corporate offices, the sleek neighbourhood houses Toronto’s busiest subway intersection, which sees over 400,000 riders a day. It’s estimated that 30,000 people in high-income households live within an 800-metre radius.
The site is minutes from a number of high-density employment zones, such as The Financial District and Bay Street Corridor, as well as Ryerson University and the University of Toronto, making this condo project a perfect option for the executive tenant or homeowner who appreciates the finer things in life. Additionally, the area scores a near perfect 99 on its Walk Score and a 92 on its Transit Score, giving residents access to world-class public transportation and making it easy to run errands on foot.
Some of the city’s most prestigious schools are nearby, as well as cultural landmarks such as the Royal Ontario Museum and the Toronto Reference Library.
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The One Residences Developer
Mizrahi Developments is a boutique firm with an exclusive portfolio of high-end high and mid-rise condominiums. Many of them are in the Yorkville area, so this is a firm that knows the upscale district inside and out. They intuitively understand that buildings don’t just change the physicality of streetscapes, but become a tangible identity of how people live, feel and experience urban life.
They design their projects to improve not only the life of those who call the address home, but those who engage with it in any capacity. Their passion for thoughtful urban planning, craftsmanship, and environmentally-friendly practices is evident in each one of their luxury residential developments. Read more about Mizrahi Developments.