1140 Yonge

1140 Yonge is a new pre-construction Condo project located at 1140 Yonge Street In Toronto near Yonge Street and St.Clair Ave West. The Project Developed By Devron.

1140 Yonge Highlight:

• Heart of the Midtown Toronto
• Close to Summerhill Subway Station
• Step to the park and shopping
• Step to Restaurants and entertainment

This development is still in its early stages, and the estimated completion date is not yet known since the approval process is still underway. The plans and the proposals are still subject to changes as the whole procedures for approving the project have yet to unfold. However, 1140 Yonge Condos there is no denying that this could be a development that can offer a great deal. This pre-construction condo project is not just anyone, as it is located in a unique area €“ where Summerhill and Rosedale converge, and just a 10-minute drive away from the core of Downtown Toronto.

1140 Yonge Street Condos has a Walk Score of 94 out of 100. Transit Score if 92 out of 100. This location is in the Rosedale-Moore Park neighbourhood in Toronto. Nearby parks include Lionel Conacher Park, Pricefield Playground and Ramsden Park.

Why 1140 Yonge?

Midtown has seen some of the most radical change in all over toronto over the past 50 years. Neighbourhoods have transformed rapidly as progress and urban density have demanded so much from the area. As populations continue to densify, Condos will continue to be the natural choice. We see development strategies from places like Yonge & Eglinton beginning to spread outward, with more high-rise buildings sprouting up in the Annex, and Davisville, among others.

Unused or closed down factories and other lands are being repurposed into thriving community hubs and mixed-used buildings. Its said that within the next twenty years, Toronto will have more high-rise condominium buildings than any other city in the world, and as single professionals continue to prefer downtown and midtown life when compared to more suburban options, its expected that demand for condos will continue to rise even after that boom has levelled-off.

Average selling price of pre-construction condos in Toronto is at a healthy high $400K range, meaning that despite all the existing developments, the hunger for new properties is alive and well and now is still an excellent time to invest in the projects throughout Midtown.

With a total rejuvenation of the corner of Yonge Street and St. Clair, an important transit hub is about to see a big influx of residents, changing the neighbourhood forever.