By: Cresford Development Corporation
Keeping with the trend of mixed-use developments topped by 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 2023.
Proposed as a striking 85 storey tower, it’s currently on track to be one of Canada’s tallest buildings. Its slender design pairs contemporary architecture with a selection of iconic heritage storefronts, for a structure that will make a dazzling addition to this rapidly-growing urban stretch.
300,000 - 369,000
373 Yonge St, Toronto, Ontario, Canada
Location & Neighbourhood
The Downtown Toronto neighbourhood is a a great area to consider investing in, 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 where everything is at their door. 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.
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.
YSL Residences By: Cresford Development Corporation
|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:|
|$ 669.64/sq.ft||$ 120,000||$0.75/sqft.|