the way to invest in Toronto
Yorkville is an ideal location for those looking to invest in a highly luxurious neighbourhood. It’s known for its high-end shopping, dining, and living, with an array of sophisticated condominium proposals in the works. At the heart of the neighbourhood lies the bustling intersection of Yonge and Bloor Streets, offering rapid transit access in all directions. Despite its prestige, Yorkville maintains a welcoming atmosphere with beautiful Victorian buildings, leafy trees, and Yorkville Park, a popular gathering space. The area is also home to some of the city’s most prominent cultural institutions, including the University of Toronto, the Royal Ontario Museum, and the Toronto Reference Library. Yorkville is also a great option for those seeking an income property, as most residents in the area are renters, providing access to some of the city’s top tenants at high rental rates. Additionally, professionals can take advantage of being just a ten-minute subway commute away from the downtown core and The Financial District.
is this Toronto investment right for you?
Empire Communities has proposed a pre-construction condominium called “33 Avenue Road Condos” for Toronto’s highly coveted Yorkville neighbourhood. This 30-storey mixed-use building will comprise a tower and three-storey podium, situated at the northeast corner of Avenue Road and Yorkville Avenue. The podium will have retail space on the first and second floors and condo amenity space on the third floor, which will include a spacious east-facing outdoor terrace. The tower will feature 74 residential units, with an impressive number of three-bedroom floorplans. Specifically, there will be seven one-bedroom units, three two-bedroom units, 60 three-bedroom units, and four four-bedroom units in the tower. This development offers a prime location and an array of residential options, making it an exciting prospect for those looking to invest in Yorkville’s upscale community.
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