Overview
- Updated On:
- March 3, 2023
Description
A bold, new condominium looks to invigorate north Toronto. It has well-appointed interiors and convenient transit access. It a great investment opportunity.
The Wedgewood On Yonge is a mixed-use residential development by the Sorbara Group of Companies in North York. This pre-construction project is located at 5995 Yonge Street in Newtonbrook neighbourhood. The major intersection is Yonge Street and Finch Avenue.
This 40-storey development looks to enliven the city’s north end. Behind its commanding facade is a luxurious interior complemented by luxurious amenities. And, it contains a spacious and convenient ground-floor retail space.
The Wedgewood On Yonge is set to become Newtonbrook’s newest local landmark. At 132.9 metres high, this L-shaped building will greet its visitors with a north-facing residential lobby. Along the west side of the building, the building will allocate 618 square metres for retail use on the ground floor.
This development will contain a total of 443 living units:
- 10 studio units
- 104 one-bedroom units
- 128 one-bedroom + den units
- 121 two-bedroom units
- 48 two-bedroom + den units
- 32 three-bedroom units
Three residential units located on the ground floor will serve as “townhome-style” units. These one-storey, one-bedroom units will each be installed with their own private entrance leading out to Wedgewood Drive.
The building will have setbacks at floors 6, 8, and 14. This will provide certain units with terraces, while others will be equipped with balconies. At the upper part of the tower, this development will contain just 9 units per floor.
This development will contain a total of 1,799 square metres of amenities. Indoor amenities will take up 911 square metres:
- 769 m² on 2nd floor
- 142 m² on 9th floor (roof of 8-storey podium)
Outdoor amenities will take up 888 square metres:
- 283 m² on ground floor
- 30 m² on 2nd floor
- 287 and 288 m² on 9th floor (roof of 8-storey podium)
The building will be served by a three-level underground garage. The garage can contain parking space for:
- 174 cars (128 residents, 44 visitors, and 2 car share)
- 334 bicycles (302 long-term use, 32 short-term use)
Location & Neighbourhood
Newtonbrook is a bustling part of the former municipality of North York. Full of culture, this area is home to Toronto’s secondary Koreatown. Many international restaurants and retail shops can be found here.
Lots of amenities can be found immediately near the development:
- Centrepoint Mall and its anchors, No Frills and Canadian Tire
- Yonge–Cummer Medical Clinic
- Goulding Community Centre & Arena
The general vicinity also hosts many important local destinations:
- Shops on Yonge
- Major employment hub North York Centre
This area is well-served by local services. Local families have access to great schools like:
- Avondale Secondary Alternative School
- Earl Haig Secondary School
- McKee Public School
- Cummer Valley Middle School
- Newtonbrook Secondary School
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