501 Yonge Condo

OVERVIEW

two 58-storey condo towers with a 7-storey podium north of Yonge and College. it's a Lanterra project. The new project is located on the east side of Yonge between Alexander and Maitland near the gay village next to the old Cosmopolitan condo on Maitland and Marriott Courtyards on Alexander. It will have above ground parking because the subway runs below ground at this location.

Design will be by architectsAlliance. This property will have approximately have 960 residential units and ground floor retail space will make this a thriving self-contained community.The north tower lobby would sit on Maitland Street with the south tower lobby.

501 Yonge Street is an interesting property as it doesn't really fit in architecturally with the rest of the Yonge Street retail strip.This building is newer than the rest due to the fact that it is built over where the Yonge subway veers away from Yonge as it heads north to Bloor. The previous retail was demolished in the 1950s for the subway construction, and this strip was rebuilt years after subway construction was done. The purchase includes the retail along Yonge Street along with the parking in the back.

Project Summary

Project Name :   501 Yonge
Builders :   Lanterra Developments
Project Status :   Pre-Construction
Approx Occupancy Date :   Summer 2018
Address :   501 Yonge St., Toronto, ON, M4Y 1Y5
Number Of Buildings :   2
City :   Toronto
Main Intersection :   Yonge St & Maitland Street
Area :   Toronto
Municipality :   Toronto C01
Neighborhood :   Bay Street Corridor
Architect :   Architects Alliance
Condo Type :   High Rise Condo
Condo Style :   Condo
Building Size :   58 storeys
Number Of Units :   960 units
Nearby Parks :   Queen's Park


Location & Amenities


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