Overview
- Updated On:
- May 11, 2023
Description
This modish high-rise condo is coming to this highly-coveted North York intersection.
5051 Yonge Street Condos is a mixed-used development by First Capital in North York. This pre-construction project will sit in the heart of the Willowdale neighbourhood at Yonge Street and Sheppard Avenue East.
The towering development will rise an impressive 42 storeys high and will feature 350 residential units in addition to office and retail space.
5051 Yonge Street Condos will hold a total of 417,790 square-feet, inclusive of 8,072 square feet of ground-floor retail facing Yonge Street and 111,449 square feet of office area. This smart multi-purpose project will be an excellent addition to the thriving Willowdale neighbourhood.
The residential portion will rise out of a 6-storey base and hold 350 opulent dwellings that would average 505, 807 and 861 square-feet in size. The suites will include 227 one-bedroom, 106 two-bedroom and 17 three-bedroom layouts for occupancy. We can expect the interiors to be modern and stylish to match the exterior’s architecture and the surrounding developments. The exterior will feature glassy facades and large windows, and some residential units will feature spacious balconies.
The non-residential portion of the building will occupy the podium, where the office space should make up floors two to six. Separate entrances are proposed for both the residential and commercial portions of the tower both accessible from Hillcrest Avenue.
Indoor and outdoor amenity space, totaling 13,476 square feet, would be included on the seventh floor. Here we can expect fitness facilities and an outdoor terrace to occupy the space readily available for the residents. Five levels of underground parking will house 278 vehicular parking spaces accessible via Hillcrest Avenue.
The condo will be ultra-modern and will feature many amenity spaces to keep up with the burgeoning neighbourhood. It is expected to draw the attention of many homebuyers and investors alike due to its central and convenient location.
Location & Neighbourhood
The neighbourhood in which 5051 Yonge Street Condos will inhabit has become a desirable cosmopolitan to live, work and invest in. Over the last decade this once quiet neighbourhood has transformed into a hugely proliferating area and shows no signs of slowing down.
Here at 5051 Yonge Street you are located just steps away from the area’s busiest intersection of Yonge and Sheppard. Everything you need is in this region from grocery stores, shopping centres, movie theatres, outdoor entertainment, parks and everything in between. This project has something for everyone from single professionals, to those looking to retire in the city.
This locale scores an envious 94 out of 100 on the walk score, as all your daily necessities can be found afoot. The region is also highly multicultural and the streetscape is filled with international and specialty restaurants and dining options.
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