Line 5 Condos

By: Reserve Properties,Westdale Properties

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Platinum Incentives

  • 1 Year free maintainance
  • Capped Development Charges
  • Leasing During Occupancy
  • Free Assignment
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Project Summary

Line 5 is the first phase of a two-tower condo project that is being developed by Reserve Properties in collaboration with Westdale Properties. This highly anticipated joint venture is designed by preeminent firms IBI Group and U31. Line 5 Condos is a pre-construction at Yonge and Eglinton . This condo development responds directly to the fundamental changes in the way Torontonians live their lives. This includes innovative amenities such as a social-club that acts as co-working space during the day, a tuck-shop café in the lobby and a dedicated lane for ride-sharing apps like Uber and Lyft. Phase I is selling this fall. Phase II is selling soon!

The building will make a whopping 990 units available in a wide range of layouts from studio to 3 bedroom plans plus a selection of townhomes to be released later. Each suite will feature a balcony and all units with dens will be optimized to fit a pull-out couch. Making this preconstruction condo project ideal for a variety of lifestyles.

This is the perfect time to invest in a spacious development placed in an urbanizing, populated area that is showing no signs of slowing down any time soon. This is easily one of the city’s most flourishing neighbourhoods.

Price Range

3,000,000 - 4,200,000

Deposit Structure
  • 5% on signing up
  • 5% in 30 days
  • 5
  • 5% on occupancy
Completion

2026-29

Location

117 Broadway Ave, Toronto, Ontario, Canada

Location & Neighbourhood

Yonge and Eglinton is at the heart of the city, and according to a 2017 survey performed by Toronto Life, it is the highest ranked neighbourhood community in the GTA. This rating is based on crime rate, health, employment, entertainment, and people.

In addition to the schools, museums, and cinemas located nearby, this neighbourhood is also home to plenty of hip bars and restaurants. A line of parks also winds through the neighbourhood in the north, this includes Sherwood Park.

This neighbourhood is seeing a resurgence in area population as developers are preparing to take advantage of the underutilized region in anticipation of the Eglinton Crosstown LRT that will slice through North Toronto. Additionally,117 Broadway Avenue Condos have a near perfect 92/100 Walk Score and an excellent Transit Score with 89/100. There is a wide selection of grocery stores in the area, as well as many other shops. This means that no matter what you’re looking for, there’s a good chance you will be able to find it. The strong Transit Score accounts for the abundance of bus stops and Zip Car stations located in the area, yet we can expect a sharp increase upon the completion of the Eglinton Crosstown LRT. The Mount Pleasant LRT Station will be located only one block away from these condos. This will provide magnificent access to the entire GTA, and will make the Yonge and Eglinton neighbourhood a central transit hub. This newfound accessibility will be sure to have a tremendously positive impact on the neighbourhood, perhaps even making it the next hottest neighbourhood in town.

Amenities

These condos will be part of Concord Park Place, which is being developed by one of the most influential developers in Toronto, Concord Adex. They’re renowned for playing one of the most influential roles in shaping Toronto’s skyline by developing the the CityPlace master-planned community, which was pivotal for fleshing out the cityscape from the waterfront.

We expect the same thing to happen with Park Place. This will be a walkable and integrated new neighbourhood with plenty of shops in the ground level of the buildings.

This trio of buildings will feature an innovative twist on the railing balcony with a curved European flair along its signature stature. Each building will have its own impressive and unique view of the 8 acre parkland surrounding this preconstruction development. Sharing one pavilion-style podium, this project will be the epicentre of this new neighbourhood.

Suites throughout this project will range from junior 1-bedroom units starting at 372 to 455 square feet. 1-bedroom units ranging from 555 to 711 square feet. 1-bedroom plus den units ranging from 727 to 875 square feet. 2-bedroom units will range from 727 to 1172 square feet and 3-bedroom units will range from 1168 to 1698 square feet. There will surely be a layout perfect for any walk of life.

Development Details

Line 5 Condos By: Reserve Properties,Westdale Properties

Sales Status: Building Type: Suite Sizes:
Platinum Pre-Construction Condo 448 sq.ft to 1,654 sq.ft
Starting Price Per Square Foot: Parking Price: Maintenance Fees:
$ 6,696.42/sq.ft $ 120,000 $0.75/sqft.

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