Property Address
Description
Condo Project Summary
This is an upcoming condominium project with fantastic access to transit and walkable urban conveniences.
7 Nipigon Avenue Condos is a pre-construction high-rise building by Arkfield Development in the Newtonbrook neighbourhood of North York. Located southeast of Yonge and Steeles, on the south side of Nipigon Ave, this 50-storey residential tower will offer 620 units from studios up to three-bedroom suites.
Buyers can take advantage of units with unbeatable transit access and proximity to the future Steeles subway station. This development is suitable for students, young professionals, and growing families.
Amenities
7 Nipigon Avenue Condos impresses with a soaring glass design, distinctive copper fins, dark grey brickwork, and tree-topped terraces. The 50-storey tower features a 5-storey podium and 620 residential units (4 studios, 457 one-bedroom, 94 two-bedroom, 65 three-bedroom). Most suites will have private balcony or terrace space, spacious layouts, and modern features and finishes.
On-site amenities will include three levels of underground parking, providing 422 long-term and 44 short-term bike spaces plus 80 vehicle parking spaces (50 spots will be for electric vehicles). Approximately 27,000 square feet of indoor and outdoor amenity space offers everyday luxury to residents from all walks of life. For example, the dedicated amenities floor on the 6th level will feature a wraparound terrace, a children’s play area, an outdoor yoga studio, and shaded lounge seating. Additional amenities will be located on the 1st and 26th floors.
Location & Neighbourhood
Yonge and Steeles marks the boundaries of Toronto, Markham, and Vaughan, making this intersection a bustling and well-connected location. Residents of 7 Nipigon Ave Condos will find this development is in a very walkable neighbourhood with plenty of transit options along Yonge and Steeles. The condo address sports a 92 walk score and a 76 transit score, thanks to TTC and YRT bus services, just steps away. Finch Station is less than 2 km from the condo, so riders can transfer to the subway and get to Downtown Toronto in under an hour.
Investors will be pleased to learn that this location is near the future Steeles Station of the Yonge North Subway Extension, which will see the TTC’s Line 1 extended from Finch Station to Hwy 7 in Richmond Hill. With this upcoming transit development, property values are sure to skyrocket as more and more people look to move to this neighbourhood.
Newtonbrook is a very convenient place to live, with big-name brands and local gems everywhere. NoFrills is right across the street, making it easy to pick up daily ingredients. Many diverse restaurants and grocery stores nearby mean you’ll never be bored of trying new dishes.
Residents can enjoy delicious Korean comfort foods, hearty Caribbean fare, or tasty Middle Eastern cuisine a stone’s throw away. There are also many fast food options to satisfy any craving, from fried chicken to tacos.
Yonge is a major arterial street and commercial corridor, so the neighbourhood has many shops, restaurants, and businesses. Centrepoint Mall is steps away, providing everyday shopping convenience. Locals can shop at this well-known local mall with Canadian Tire, Shoppers Drug Mart, Hudson’s Bay, Dollarama, and about 100 other shops and services. Promenade Shopping Centre and Yonge Sheppard Centre are a short drive or bus ride away, offering even more to do and see, including gyms and movie theatres.
This urban neighbourhood is a wonderful place for raising a family. Several elementary and high schools are within walking distance, such as Lillian Public School, Henderson Avenue Public School, St. Paschal Baylon Catholic School, Central Montessori School (Thornhill Campus), and Newtonbrook Secondary School. North York is also full of excellent parks. One of the largest, G. Ross Lord Park features bike trails, ponds, cricket pitches, picnic sites, and an off-leash dog area, making it ideal for outdoor community enjoyment. Other parks near 7 Nipigon Avenue Condos include Goulding Park, Newtonbrook Park, and Hendon Park.
Additionally, this is an excellent location for post-secondary students, as York University (Keele Campus) and Seneca College (Newnham Campus) are accessible by public transit. Investors can benefit from a ready student rental market in this neighbourhood as 65,000 students attend these north Toronto schools within 7 km of the condo.
Contact a GTA-Homes Platinum Agent today to learn more about his project and other opportunities to invest in North York condos.