Description
This new condo project is coming to this well-desired and affluent Toronto neighbourhood.
50 Merton Street is a new mixed-use high-rise condominium development by Diamondcorp & Alterra in Toronto. This pre-construction will sit at 50 Merton St, near Yonge and Merton intersection in the Davisville Village neighbourhood. The 39-storey modern residence will contain 443 residential suites.
The suites range will be 60% one-bedroom, 30% two-bedroom, and 10% three-bedroom units. Additionally, It will sit close to upcoming transit infrastructure further making it a well-sought after development.
50 Merton Street will be a thoughtfully designed redevelopment condo replacing outdated office and parking buildings. Its innovative and forward-thinking designs will enhance the already desirable neighbourhood.
Future residents will benefit from the world-class amenities found throughout the condo. Totalling 1,282 square metres of common amenity space, located at the fifth-floor level, residents will have access to 802 square metres of indoor amenity space and 487 square metres of outdoor amenity space. We can expect this level to house fully-equipped fitness facilities, spa-like rooms such as saunas or yoga studios, and entertainment rooms to host events.
The indoor facilities will be continuous with the outdoor area, expected to house an expansive terrace with common and comfortable seating, dining and bbq areas. Also located on the fifth floor, the terrace will provide close views of the surrounding lush streetscape.
The 34-storey tower will rise out of a four to five-storey extended podium that sits between newly proposed and already existing buildings. The first two-level of the podium will accommodate 2,342 square metres of office space, as well as the residential lobby, servicing functions, residential units and common amenity space.
A total of 114 vehicular parking spaces are provided on two levels of underground parking, including 26 visitor and office parking spaces and 88 resident parking spaces. A total of 456 bicycle parking spaces will be provided in secure indoor rooms located at the ground floor and mezzanine levels. 50 Merton Street Condos will seamlessly integrate into the neighbourhood with its upscale designs and shifting rectangular facades. We expect to see contemporary interiors with modern features and finishes to attract a range of buyers and investors alike.
Location & Neighbourhood
50 Merton Street will be located in one of Toronto’s most desired, connected and prime neighbourhoods. Its position in Midtown allows it to be at the heart of Davisville Village, providing an excellent 87 walk score and 82 transit score.
Located steps from major intersections such as Yonge and Eglinton and Yonge and St.Clair. Future residents will have the privilege of being near a wealth of shopping, dining, entertainment and culture. The Yonge and Eglinton strip is home to a variety of retail and dining options. A shopping trip down the street will bring you to major retailers like Sephora, Indigo, LuluLemon, Sporting Life, Urban Outfitters, Winners and more.
This area is perfect for students and young professionals with its unobstructed connections to the downtown core and prime universities such as Ryerson and the University of Toronto. This central location has excellent transit options for those without a car. Davisville station is less than a 5-minute walk away as well as countless bus lines within close proximity. Davisville subway station on the Yonge-University-Spadina TTC Line 1, provides direct transit connections across the City. A 10-minute car ride or a 20-minute subway ride will bring residents to downtown Toronto.
