This new condo project is a 40-storey pre-construction condominium proposed by Edenshaw Developments Limited for the Church and Wellesley neighbourhood. 625 Yonge Street Condos is currently scheduled for a 2021 occupancy.
Edenshaw’s proposal calls for a contemporary, 40-storey structure anchored by a four-storey podium. The podium will house 15,000 square-feet of retail space and 17,545 square-feet of office space. Rising above the southeast corner of Yonge and Isabella Streets, the tower portion of this development will include 326 residential units in total. The unit mix is expected to include 240 one-bedroom layouts, 69 two-bedroom and 17 three-bedroom layouts.
The proposal for 625 Yonge Street Condos also includes four levels of underground parking with 107 parking spaces and 243 bike storage spaces.
7,200 square-feet of indoor amenity space will be included on both the 5th and 40th floors, the latter likely being a party room featuring spectacular views of the city skyline. This will be complimented by nearly 7,600 square feet of outdoor amenity space on the roofs of the 4th and 39th floors.
Private balconies will line the building’s east and west facades while a striking geometric façade designed by Page + Steele IBI Group will front onto Yonge Street, enhancing the streetscape and making 625 Yonge Street a modern focal point.
Location & Neighbourhood
This portion of Yonge and the surrounding area is home to a number of exciting proposals. It’s a unique stretch, as it’s identified by the city as a “Special Character Street,” meaning it’s recognized for its overall heritage value and iconic stature, but it’s also been recognized by urban planners for its differing redevelopment potential in specific sections.
This means you’re likely to see many of the historic buildings along the vibrant retail stretch being restored for commercial and community use, while modern condominium developments are tastefully incorporated into each project to house the rapidly growing population of residents who want to call this downtown neighbourhood home.
It’s a great, central neighbourhood that scores a nearly perfect 97/100 on its Transit Score and a 99/100 on its Walk Score. A wealth of retail and entertainment options, not to mention both casual and upscale dining are at your fingertips here. A short walk takes you to some of the city’s most desirable neighbourhoods, including the glittering retail and cultural destination of Yorkville, historic Cabbagetown and the heart of Church and Wellesley Village, a friendly district known for its rainbow-coloured sidewalks.
You’re a short walk from both the University of Toronto and Ryerson University, the latter of which is continuously expanding and has helped to shape downtown Toronto into a hub for innovation and potential. Looking for an income property? This site is also just minutes by subway to some of the city’s high-density employment districts like the Financial District, Bay Street Corridor and Hospital Row.
This downtown Toronto condo is situated ideally for transit use. You’re minutes from the central hub at Yonge and Bloor, one of the only intersections in the city to provide rapid transit in all four directions. From here, the entire city is at your fingertips. Driving? Easy access to the Don Valley Parkway makes longer commutes a breeze too. We love this vibrant downtown neighbourhood and only anticipate growth, as more and more people begin to appreciate the perks of living close to all the action in the city.
625 Yonge Street Condos Highlights:
- Walkscore of 99/100
- Close proximity to countless vibrant downtown neighbourhoods
- Surrounded by shopping, dining and entertainment
- Minutes to public transportation
- Close to Eaton Centre
- Minutes from Queen West & the Entertainment District
- Nearby parks include Norman Jewison Park, George Hislop Park and James Canning Gardens
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