YSL Residences
(12 votes, average: 5.00 out of 5)Development by: Cresford Development Corporation
Condo Project at 391 Yonge St, Toronto, ON, M5B
Condo Prices Starting From The Mid $1,000,000's CAD
Move in 2021
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Project Summary
Keeping with the trend of mixed-use developments with lavish skyscrapers, this new project is set to revitalize the southeast corner of Yonge Street and Gerrard Street East. Steps from the heart of downtown Toronto, This project has a distinctly urban vibe with plenty of space for upscale retail and dazzling views of the downtown skyline. YSL Residences by Cresford is slated for occupancy in 2021.
This new condominium project will rise from the land at 363-391 Yonge Street and 3 Gerrard Street, perfectly situated on the vibrant commercial strip of Yonge, while backing on to Ryerson University’s bustling urban campus. The project consists of two condominium towers, reaching 62 and 73 storeys. Eight properties on Yonge will be redeveloped into a grand, 11-storey podium that will anchor the two towers, while housing retail and office space. The top two floors of the podium will also include 26 two-storey townhomes with terraces. In total, the development will have 1,106 residential units, with 107 allocated for bachelor units, 648 for one-bedrooms, 241 for two-bedroom units and 110 for three-bedroom units.
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Amenities
A unique feature of this downtown Toronto condominium is a “sky bridge” that will connect the two condominiums at the 51st and 52nd floors, providing access to amenities and creating an “active zone” on the skyline. With views like the ones at this new Residence Project, this is a spectacular feature and a creative way of showcasing them. Each tower will contain indoor amenities, as well as a selection of communal outdoor space on floors 10, 51, 52 and 73. Six floors of underground parking will provide space for vehicle and bicycle storage.
This is a unique and contemporary project that pushes the envelope of urban architecture and blurs the boundaries of indoor and outdoor living space, a project sure to become a focal point in the downtown core.
Location & Neighbourhood
The Garden District is a popular downtown neighbourhood that is still being revitalized in some pockets. It’s a great area to consider investing thanks to its popularity with a wide range of potential tenants. Ryerson University is down the street and both the University of Toronto and the Ontario College of Art and Design are mere minutes away by transit. High-density employment districts like The Bay Street Corridor, Hospital Row and The Financial District are quite close as well, making YSL a convenient address for professionals who want to minimize their commute time.
At the vibrant Yonge and Gerrard intersection, everything is at your fingertips. Indulge in some retail therapy along the commercial stretch of Yonge, or head two blocks south to the newly-renovated Eaton Centre. Every kind of eatery you could imagine, from healthy grab-and-go joints, to lively bars, to five-star dining lines the stretch. Cinemas, live-theatre, and galleries provide your dose of arts and culture, while the influence of nearby Ryerson University gives the area a youthful, innovative vibe. With walk and transit scores of 100/100, this neighbourhood is paradise for those who crave a high-energy, urban environment.
Proximity to several streetcar lines, plus two subway stations means some of the city’s best neighbourhoods are just a few minutes away, including the Church/Wellsley Village, Yorkville and Cabbagetown.
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YSL Residences Developer
Cresford is a development firm largely associated with the trend of dressing up residential condominiums with international fashion labels. Their interiors brim with designer finishes and features. They believe in living spaces that flow from one area to the next and luxuriant amenities that celebrate life and style. Their work, distinguished by elegant, dramatic structures, can be found in close proximity to Toronto’s hottest shopping districts, cultural hubs and A-list enclaves.
Read more about Cresford Development Corporation.
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