Address: 522 University Ave

City: Toronto

State/County: Ontario

Country: Canada

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Overview

Updated On:
April 12, 2023

Description

This soaring condo development within enviable walking distance of several subway stations is brimming with sought-after amenities in the epicentre of Toronto.

522 University Avenue Condos is a new mixed-use high-rise condominium development in Toronto. This 62-storey pre-construction project with 611 units is located at 522 University Ave, on the southwest corner of University Avenue and Elm Street in Downtown Toronto.

This condo tower has one, two, and three-bedroom units ranging from 365 to 855 square feet. With numerous luxuries including a theatre and multiple party rooms, this is an address for all ages.

Amenities

At street level, 522 University Avenue Condos begins with a large, multi-level podium.

Residential suites are available in the following distribution:

Studio: 94 units
One-bedroom: 282 units
One-bedroom + den: 47 units
Two-bedroom: 61 units
Two-bedroom + den: 66 units
Three-bedroom: 61 units
Penthouse: 61st and 62nd floor

Mixed-use office and retail space occupies the first twelve floors, providing valuable community assets.

Rising above this are three structures. Four, thirteen, and sixty-two storey towers create a significant impact in the skyline above. A complimentary concierge service and a mail room on the main floor offer expected conveniences. Beyond this, several undeniable advantages shine through.

Residents can kick back and relax on a spacious outdoor terrace atop the 12th floor complete with elegant planters and seating. Indoors, three spacious lounges offer room to socialize or reflect. Residents can also reengergize with daily exercise in the 1,174 square-foot fitness centre filled with state-of-the-art equipment.

When it comes to special events such as baby showers and birthdays, residents can take these to a new level. To start, multiple party rooms on level 14 provide ample communal space for all. Meals can be shared and hosted with ease in a dining room that allows for a formal experience. While adults socialize, children can enjoy playing in the nearby crafts room. After dessert, locals and guests can set challenges and compare scores in an onsite games room. And for those who love a good movie, a private theatre allows for a premium viewing experience.

With plenty of room to celebrate and the latest amenities, unforgettable memories are ready to be made at every turn.

What about work? For those commuting to and from these condos there are four levels of underground parking. Short and long-term bicycle storage is also available. A convenient bike repair station is present on level p1 as well as a shower and change facility. This allows riders to sweat the commute and prepare for the day in style. For those working from home, a co-working library on floor 15 allows for generous workspace.

With leading indoor and outdoor amenity spaces, this development has leisure and work pursuits covered in spades. Investors and homebuyers looking for leading offerings in Toronto will want to consider this sought-after condo.

Location & Neighbourhood

City lovers will find the ultra-urban setting of 522 University Avenue Condos highly desirable. University Avenue has Toronto General Hospital, SickKids, and Mount Sinai Hospital lining its north end. Towards Queen Street further south, goverment buildings and insurance offices take hold. While this location doesn’t flaunt a striking café or restaurant scene, University Avenue is one of downtown Toronto’s iconic arterial boulevards and has much to offer.

Verdant gardens, striking fountains, and war memorials fill the street’s central medians. This grand civic display is stunning in its own right but it may also soon change. The city and other stakeholders are currently exploring the feasibility of revitalizing University Avenue. The idea is to transform the area into a world-class park in the heart of downtown while maintaining traffic flow. Residents could enjoy taking advantage of ample greenspace and a new “wellness district” that celebrates Ontario’s healthcare workers and places pedestrians front and centre.

At present, locals are steps from numerous top-line attractions. This condo is for those who love to walk to work, visit the museum, and shop for the latest fashions, all in the same day.