Overview
- Updated On:
- June 5, 2023
Description
This new condo projectwill be an extraordinary landmark tower with all of the amenities you’d expect from the Yorkville area.
1255 Bay Street Condos is a new luxury condominium development by Kingsett Capital in Toronto.
This 35-storey pre-construction project is located at 1255 Bay St., at the corner of Bloor Street and Bay Street in the Yorkville neighbourhood.
BDP Quadrangle will design this development from the inside out, which means you can expect dramatic architecture and modern interiors. This incredible project will also feature ground-floor retail facing both Bay Street and Yorkville Ave.
1255 Bay Street Condos would sit atop a 10-storey podium, intended to ensure visual alignment with the site’s remaining office building. The new tower is set to have a unique design that is reminiscent of a game of Jenga.
For example, on the 11th floor of the building, a 4.55-metre step back around the entirety of the building is a major eye-catcher.
On this floor, the building appears to take a visual “break” between the base of the building and the tower above it. Check out the renderings of the tower to get a better understanding of the fascinating design.
Investors can expect this tower to house 357 units with multiple bedroom layouts suitable for any lifestyle.
- 103 studio units
- 109 one-bedroom units
- 109 two-bedroom units
- 36 units of three bedrooms or more
The building will also offer car parking spots for purchase and 429 bicycle parking spaces between the second storey and the underground levels.
Amenity spaces are plentiful at this building. Although the details of what amenities will be available here are not yet public, one can anticipate luxurious indoor and outdoor spaces that are on-trend for the type of amenities residents know and love.
One of the development’s most significant highlights will be the POPS (Privately Owned Publicly Accessible Space) located right at the crossroad. This area will be convenient for residents with dogs or those who want to step out for some fresh air at ground level.
And as if remarkable amenity space is not enough, the development will add even more employment opportunities to the area with commercial space available for various business types. The commercial spaces available here will reside on ground level. 1255 Bay Street Condos has a lot of promise for investors and residents alike.
Location & Neighbourhood
1255 Bay Street Condos will be located in the heart of Yorkville. Bloor-Yorkville is one of the wealthiest neighbourhoods in Toronto and is well on its way to securing its place as the world’s leading luxury district. In addition, this area is set for growth – The population of this neighbourhood in 2017 was over 21,000, and this number is expected to grow to over 24,000 people by 2022. This is a 13% increase in a 5-year period.
Bloor-Yorkville is a prime destination known for its shopping, dining, arts and entertainment. There are many luxury brands here, including Chanel, Dior, Prada, Hermès, Burberry and much more! But it’s not just designer brands that live here.
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