Property Address
Description
Condo Project Summary
This is an exciting, transit-oriented, upcoming development, steps from world-class amenities, attractions, and institutions at Yonge and Bloor.
699 Yonge Street Condos is a new high-rise condominium project by Concord Adex in the Church & Wellesley neighbourhood. This 64-storeys high pre-construction condo with 514 residential units plus retail space at grade while boasting over 22,000 sq. ft. of exclusive amenities.
Investors will have access to the best of Toronto’s shopping, dining, and entertainment. Among the myriad nearby features are Bloor-Yonge Station, the Royal Ontario Museum, and the University of Toronto, offering unrivalled real estate value at every turn.
Amenities
699 Yonge Street Condos will featuring a polished, grey and white tower, inset with an oval-shaped, glass-enclosed, double-height seventh floor, supported by smooth concrete pillars.
The heritage streetscape will be retained with existing red-brick facades, coupled with an airy, glazed, triple-height lobby that provides a majestic entrance for residents and visitors. Glass balconies and tinted glazing and spandrels will give a unique scattered pattern extending from the upper reaches of the tower.
Investors can expect 514 thoughtfully designed and beautifully appointed residential suites which will be available in 131 studio, 237 one-bedroom, 96 two-bedroom, and 50 three-bedroom configurations.
More details about suite finishes and features will be announced soon.
This building will also feature dedicated amenity floors on the 3rd and 7th levels, providing extensive indoor and outdoor space for residents to relax, work out, or entertain. The total amenity space will be 22,141 sq. ft. (11,076 sq. ft. indoors and 11,065 sq. ft. outdoor), including stunning rooftop terraces with lush landscaping.
Six levels of underground parking will provide 64 EV-ready parking spots, and 517 bike spaces will be available on the ground and upper floors.
Prime street-facing retail space will be available at grade, offering additional convenience to the community.
Location & Neighbourhood
Located on the southeast corner of Yonge Street and Hayden Street, just south of Bloor Street, 699 Yonge Street Condos boasts a perfect walk score (100 out of 100) and impressive transit and bike scores (90 and up). This location is incredibly convenient, with plenty to do and see within walking distance.
Bloor-Yonge Station is just steps away. It provides access to two of Toronto’s most significant subway lines — Yonge–University and Bloor–Danforth — which means it’s quick and easy to travel across the city and beyond. Head north to Finch Station or the Vaughan Metropolitan Centre. Connect to several other transit systems at Union Station at the south end of the city. Reach as far as Etobicoke or Scarborough in a single subway ride.
The area around the condo site is constantly transforming with new residential developments and road improvements under the auspices of the Yonge Street Revitalization Environmental Assessment (YongeTOmorrow). This task force focuses on transit, bike-ability, and walk-ability, reducing the city’s reliance on cars and increasing the city’s sustainability in the long run.
Living next to two of the busiest streets in the city — Yonge and Bloor — which are jam-packed with endless opportunities for employment, shopping, entertainment, dining, and more, offers investment value like no other. The city is also home to three downtown universities: the University of Toronto, Toronto Metropolitan University, and OCAD University. All are within walking distance or a short subway ride away from 699 Yonge Street Condos, which provides an opportunity to rent out units to students.
There are many local conveniences to note. Several grocery stores are just a few minutes away, including multiple locations of Rabba Fine Foods and The Market by Longos. The colossal, upscale Italian market Eataly is also around the corner on Bloor, offering imported ingredients that won’t be found anywhere else in the city. Countless dining options in the area range from fast food joints like Freshii, Chik-fil-A, and Tim Hortons to Michelin-starred restaurants like Aburi Hana, Enigma, and Alobar.
Bloor is lined with many fashionable, high-end stores, including luxury brands like Hermès, Chanel, and Louis Vuitton. Nearby Yorkville is a posh neighbourhood filled with upscale art galleries, chic boutiques, and sophisticated restaurants. And the Church & Wellesley neighbourhood is a friendly and vibrant place that hosts the Toronto Pride Parade every year.
For a nature-filled break, Queen’s Park and Rosedale Ravine provide ample green space for walking, picnicking, and relaxing. Closer but smaller parks, like the ones named after George Hislop, Norman Jewison, and James Canning, provide an excellent place to stroll with dogs.
Other forms of entertainment or recreation can be found at the closeby Cineplex Cinemas Varsity and VIP, Royal Ontario Museum, and Toronto Reference Library. Rejuvenating spas can also be found at the many five-star hotels in the area, like the Spa at Four Seasons Toronto.
With so much convenience wherever you turn your head, it’s no wonder that 699 Yonge Street Condos offers a fantastic investment opportunity in downtown Toronto.