This new condo development is in the pre-construction phase and will revolutionize this area into a vibrant, urban high-rise.
Y8700 Condos is a mixed-use development by Metroview in Richmond Hill. This new project is located at intersection of Yonge Street and Highway 7 and will consist of two towers connected by a 6-storey podium.
This development will be located near one of the best public transportation hubs in the city and is situated perfectly between numerous shops, restaurants and employment offices.
These local amenities will make this development a bold opportunity for investors.
Richmond Hill is a distinctive, family-friendly community with a strong economy and an ambitious spirit. It is one of the most multicultural communities in the Greater Toronto Area.
Investors can expect a mixed-use, two tower development connected by a 6-storey podium. One tower will reach 20-storeys high while the other will reach 13-storeys.
Together, this development calls for 336 residential units combined with live/work suites. The combination of the live-work suites and the retail/commercial portion is guaranteed to enhance the employment opportunities in the building.
The indoor amenity area will take up over 6,000 square-feet of space and will offer a number of great amenities for residents to enjoy. There will be four levels of underground parking with 424 total parking spaces, 354 will be dedicated for residential and 70 will be visitor spaces.
Y8700 Condos will have a rich, modern exterior with neutral tones, large windows and balconies. Metroview is known to have large private balconies in each unit and a beautifully landscaped outdoor terrace as part of their amenities. This development is sure to set itself apart from other condominiums in the area and will revitalize a location that was under-used.
Location & Neighbourhood
The public transportation in this area is some of the best offered in the GTA. The York Region Transit bus will stop right in front of this development and will offer multiple bus routes to get residents in and out of the city. The Yonge Street Rapidway is a new initiative being built in this area.
This line will start from the Newmarket Terminal and will run to the Richmond Hill Centre Terminal and will extend north toward the Yonge-University Subway Line. The Yonge Street Rapidway is being developed by York Region Transit and will consist of a separate lane on the road dedicated to buses that will take commuters to their destination quicker.
Another great benefit of this area is the location of The Richmond Hill Centre Terminal which is across the street from this development allowing residents to walk to there in 5 minutes. This terminal has 11 platforms with multiple buses that will take residents across the GTA. Additionally, the Langstaff GO Station is a quick 5 minute drive away and will take commuters to Union Station in a mere 40 minutes. Drivers will be close to road arteries and major highways such as Highway 407 and 404.