Description
This Yorkville condominium development is in the pre-construction phase. Builders Diamante Development Corporation have already completed several luxury condominiums in the immediate area, including one next door to the site.
Combining stunning, thoughtful architecture with space for retail, offices and thoroughly modern living residential spaces, this project will make a coveted addition to the luxurious shopping district. We also love some of the unique cultural details the tower will incorporate.
The project proposal calls for a unique glass-and-stone building, housing 53 units, spread over 39 floors.
The tower will be grounded by a 3-storey podium, which will house retail and commercial space, the condominium lobby, amenity space and an outdoor terrace for residents. Underground parking will house 114 vehicle spaces and 61 bike storage spaces.
Amenities will include a fitness centre, two saunas, a dining room with chef’s kitchen and a multi-purpose party room. Suite layouts will include:
- 17 two-bedroom units
- 17 two-bedroom plus den units
- 9 three-bedroom units
Floorplans run on the spacious and indulgent side. In fact, the fourth floor, along with floors 22-39 are comprised of one single penthouse suite spanning a luxurious 4,754 square feet. These suites include three balconies and a “staff room” with ensuite bathroom, suitable for a live-in or full-time staff member.
All suites are larger than 2,000 square feet, making this luxury Yorkville condominium ideal for families, couples or executives who require an expansive home office.
Many of Diamante’s neighbouring condominium buildings feature open, loft-like suites with unique architectural details.
When you invest in this project, you’re investing not just in a residence, but a piece of art with strong, historical ties. Davenport Road, which curves from the terminus of Bay Street in Yorkville all the way west to Old Weston Road, was once a prominent First Nations trail. It bordered the old shoreline of Lake Iroquois and was originally called “Gete-Onigaming,” Ojibwe for “The Old Portage.”
Because of the significance of this site, Diamante has enlisted the expertise of architect Douglas Cardinal for the building.
Location & Neighbourhood
The Yorkville neighbourhood is an excellent place to invest in Toronto real estate. With a growing population, primarily made up of “working age” residents, the average household income is significantly higher than the city’s average and the neighbourhood remains one of the most coveted in the city.
Citizens from all over Toronto flock to Yorkville for its high-end shops such as Burberry, Prada, Holt Renfrew and Swarovski, along with upscale hotels, restaurants, salons and fitness centers.
Recently it’s become a mecca for luxury high-rise buildings, with a staggering number of both recently-completed buildings and those still in the proposal stage. Many of these carefully restore their existing heritage facades, while adding contemporary touches and luxurious amenities. Rental rates here are some of the highest in the entire city.
This new condo will be steps away from The Royal Ontario Museum, with its dazzling crystalline architecture and over forty galleries, as well as other nearby attractions including the historic University of Toronto campus, and Casa Loma, Toronto’s very own castle.
