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ABOUT

Line 5 Condos at Yonge and Eglinton is in pre-construction and it will be developed by Reserve Properties in collaboration with Westdale Properties. This highly anticipated joint venture is designed by preeminent firms IBI Group and U31. This new preconstruction condo responds directly to the fundamental changes in the way Torontonians live their lives. This includes innovative amenities such as a social-club that acts as co-working space during the day, a tuck-shop café in the lobby and a dedicated lane for ride-sharing apps like Uber and Lyft. Phase one launches this fall.

This is a two towered project with a stepped podium that connects the pair of buildings. There will be a total of 822 residential units in the development, including 701 condo units. The condo units will be comprised of 2 studio units, 451 one bedroom units, 231 two bedroom units, and 17 three bedroom units. This project will be taking the place of three apartment buildings, so 121 replacement rental units have been allocated to the 2nd, 3rd, and 4th floors of the podium.

LOCATION

Yonge and Eglinton is at the heart of the city, and according to a 2017 survey performed by Toronto Life, it is the highest ranked neighbourhood community in the GTA. This rating is based on crime rate, health, employment, entertainment, and people.

In addition to the schools, museums, and cinemas located nearby, this neighbourhood is also home to plenty of hip bars and restaurants. A line of parks also winds through the neighbourhood in the north, this includes Sherwood Park.

This neighbourhood is seeing a resurgence in area population as developers are preparing to take advantage of the underutilized region in anticipation of the Eglinton Crosstown LRT that will slice through North Toronto. Additionally,117 Broadway Avenue Condos have a near perfect 92/100 Walk Score and an excellent Transit Score with 89/100. There is a wide selection of grocery stores in the area, as well as many other shops.

This means that no matter what you’re looking for, there’s a good chance you will be able to find it. The strong Transit Score accounts for the abundance of bus stops and Zip Car stations located in the area, yet we can expect a sharp increase upon the completion of the Eglinton Crosstown LRT. The Mount Pleasant LRT Station will be located only one block away from these condos. This will provide magnificent access to the entire GTA, and will make the Yonge and Eglinton neighbourhood a central transit hub. This newfound accessibility will be sure to have a tremendously positive impact on the neighbourhood, perhaps even making it the next hottest neighbourhood in town.

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Line 5

117 Broadway Ave, Toronto, ON M4P 1V3

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