Overview
- Updated On:
- April 22, 2023
Description
A modern reimagining of the site’s current office structure, this light-filled, contemporary tower will reach 46 storeys and house 429 new residential suites. Handled by a developer known for luxury buildings, this one is sure to be a stunning addition to the rapidly-urbanizing stretch.150 Eglinton Avenue East is a pre-construction condominium development proposed by The Madison Group for Toronto’s Yonge and Eglinton neighbourhood.
This is your chance to be part of an area that has grown (and continues to) into a district with a distinctly urban vibe. Sleek high-rise towers, high-end retail stores and – soon – two separate rapid transit lines will be up and running here.
An occupancy date for this project has yet to be finalized, so be sure to register with us for this, and other information as it becomes available.
Situated on the northside of Eglinton Avenue East between Yonge Street and Redpath Avenue, this site is currently occupied by a 10-storey office and retail building.
The proposal asks to replace 100 % percent of the commercial space, while incorporating a sleek tower above, which will house 429 residential units. Designed by Quadrangle Architects, the tower is expected to incorporate 230 one-bedroom units, 156 two-bedroom and 43 three-bedroom units.
Residents will have access to 10,333 square feet of indoor amenity space and 10,559 square feet of outdoor amenity space, along with 103 parking spots in an underground garage accessible off a lane on the north portion of the site.
With a grand residential lobby and improved restaurant space enhancing the Eglinton streetscape, this project is not only a fantastic place to call home, but a building that will liven the entire stretch.
Location & Neighbourhood
New condos at Yonge and Eglinton provide a fantastic opportunity to be part of a growing community that’s on track to rival the downtown core in terms of population, rapid transit and urban amenities.
Once considered the edge of the city, the intersection and its surrounding pockets now attract urbanites and young professionals. A record number of residential high-rises, upscale office buildings – and a multi-million retail redevelopment – have definitely contributed to this, as has the area’s transit access.
From Eglinton station, a major stop on the subway’s line 1, getting downtown takes only minutes. Additionally, a rapid transit line is being developed across Eglinton, which will provide 20 km of rapid access across the city, making the neighbourhood one of only a few in Toronto to feature this kind of access in all four directions. Studies show that the modern homeowner prefers to use public transit for commuting, making this a great perk.
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