Description
This new condo project is coming to the vivacious area of Yorkville, this time it’s an architecturally unique, flatiron structure.
Park Road Condos is a new high-rise residential condo development by Capital Developments in Toronto. This 27-storey pre-construction condo project with 300 new units will be located at 717 Church St, near Church and Bloor St E, in the upscale neighbourhood of Yorkville.
The units will feature mixed variations of studios, one-bedroom, two-bedroom and three-bedroom units throughout.
Park Road Condos will exhibit a rare building shape, resembling the famous Toronto Gooderham Building. The design by Diamond and Schmitt Architects will take on a similar shape to the slim point flatiron building due to the triangular lot it will sit on; formed by the intersection of Church Street, Collier Street, and Park Road. This proposal will feature a modern look with a curvature along the Church Street extremity with a series of step-backs on the east, cutbacks at the west end and vertical architectural fins along the bottom half. The building will include modern glazed windows encompassing the elegant surroundings of Yorkville.
Investors can expect this 29-storey tower to include a mix of 44 studio units, 154 one-bedroom, 72 two-bedroom and 30 three-bedroom units. The total floor area will consist of 19,626 metre square residential space; and 30 metre square retail space that will be located on the first floor.
The edifice will be designed with sustainability measures in mind that include three carshare stalls and 320 bike spaces. The condo is also proposed to have wider sidewalks with planters that lead to a benched privately owned publicly accessible space.
Due to an aggressive Transportation Demand Management (TDM) strategy focused on sustainable transportation, the residence will not have any private vehicle parking spaces. However, it is proposed to feature an onsite bicycle shop, a cycling fleet for residents, over-sized fitness centre, and office-like work-from-home friendly facilities.
Location & Neighbourhood
Park Road Condos is located in the prestigious Yorkville neighbourhood. The project site will sit at the intersection of Church and Bloor Street in midtown Toronto.
Yorkville is a highly-sought destination for those looking for an upscale lifestyle in Toronto. With an excellent Walk Score of 96/100, this area is rich in high-end boutiques, galleries, studios, fine-dining and posh hotels. There is certainly an abundance of luxury hotels in Yorkville including the InterContinental Toronto Yorkville, Four Seasons, the Park Hyatt, the Hazelton Hotel, the Windsor Arms Hotel, the Residence on Bay and the Toronto Marriott Bloor Yorkville Hotel.
The Yorkville region is often seen as one of Canada’s most luxurious shopping districts anchored by the Mink Mile that runs along Bloor Street. In 2008, the Mink Mile was named the seventh most expensive shopping street in the world by Fortune Magazine, where one can find luxurious stores like Versace, Hermès, Dior, Prada, Chanel, Louis Vuitton, Holt Renfrew and so much more.
