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Description

St.Clair Place is a new condominium developed by Wittington Properties Limited and Capital Developments. Currently in the preconstruction phase. Located at 1485 Yonge Street in Toronto, St. Clair Place has a total of 1357 units.

This ambitious new process will set a new standard for urban living in Midtown. Keep reading below to find out why were so excited about this new three-tower project.

St. Clair Place

St.Clair Place Highlights:

  • steps away from St. Clair subway station
  • easy access to streetcar to explore St.Clair Ave. W
  • Diversity of delicious restaurants, supermarkets, and major banks
  • Friendly neighbor

Top 5 Reasons to Invest in St. Clair Place

1.Location

St.Clair Place will be a multi-tower condominium complex located at 1485 Yonge Street. At the intersection of St. Clair Avenue East, the development is in a prime location, in a neighbourhood called Deer Park, just north of Summerhill.

Right in the middle of a number of highly desirable and affluent neighbourhoods like Rosedale, Forest Hill, and Moore Park, Deer Park is a vibrant commercial area along Yonge Street. Well-connected and convenient, residents of St. Clair Place will have direct connection to the subway, and to major street arteries of the city.

Home to theatres, luxury retailers as well as excellent amenities like Loblaws, pharmacies, home hardware and the Toronto Public Library, Deer Park is ideal for residents who enjoy short walks to run their errands. Other attractive local services like fitness centres, the Badminton and Racquet Club of Toronto, and others make for a vibrant, active community. Not to mention Torontos excellent selection of green spaces and parks. David A. Balfour Park in particular is just across the street, and follows Yellow Creek to the Park Drive Reservation Lands. Cyclists will have fairly easy access to the areas many ravines and bicycle trails – another way to get around the city while also reducing your carbon footprint, and getting some exercise!

Deer Park is home to a number of excellent schools, including the Junior and Senior School campuses to the York School as well as the Deer Park Junior and Senior Public School.

This beautiful, tree-canopied neighbourhood is steeped in Toronto history, with countless gorgeous heritage buildings nearby, and Toronto architectural institutions. The local LCBO, for example, might be the most beautiful in the province, having taken over and rejuvenated the old Summerhill Train Station. Shop in style in this luxurious, stylish neighbourhood, and when youre done, take in an exquisite dinner in one of the many highly-rated local restaurants.

2.Amenities

A quite large plot of land, St.Clair Place will take up 1.37 acres, and will take up most of the corner of Yonge and St. Clair. It will comprise three towers, rising 34, 39, and 59 storeys high respectively. The tallest building in the complex will be the tallest building north of the downtown core, providing incredible views of the toronto skyline and the lake behind it.

With a total of 1,357 units, St.Clair Place will have the option of 782 one-bedroom units, 415 two-bedrooms units, and 160 three-bedroom units, and will range from 62-160 square metres.

In addition, St. Clair Place is looking to use this prime location on the ground floor for retail space, providing amenities and vibrancy to both residents and the community at large. 27,712 square metres of new retail space will run along street level at the St. Clair Ave and Yonge Street sides of the buildings, which will attract local and international retail, restaurants and other services. These retail spaces will take up most of the Ground, P1, Messanine, and 2nd floors. This shared podium will rise a total of 5 storeys and also incorporate office space.

Each building has been plotted and designed in a way that will provide unobstructed views of the ravines to the north and west, Deer Park and Forest Hill, as well as the city centre. A courtyard will be situated between the buildings in the middle of the towers, and will feature a winter garden, as well as places to take in the views, host gatherings, and just relax while soaking up the sun.

Underground, a four-level parking garage will contain 677 parking spaces, 462 of which will be reserved for residents and 136 will be equipped for electric vehicle charging stations. The P1 and P1 Mezzanine levels will contain space for an additional 1,552 long-term parking spaces and 250 for short-term as well as a pickup/dropoff point.

Other nice touches include a 3,278-square-foot green roof, and an anti-bird building facade.

3.Transit Options

Getting around in Midtown by car is easy – streets both major and residential are laid out in a grid format, with beautiful overhanging trees throughout the various midtown neighbourhoods.

Its not hard to get out to the rest of the city and beyond, either. The Allen Road in midtowns north-west corner is an easy access to Torontos highway network, connecting residents to Highway 401, 404, 400, and many more. Theres also the Don Valley Parkway just to Midtowns east, which winds through Torontos picturesque ravine system and proves t one one of Torontos main arterial highways. Once travellers hit one of these major routes, access to “cottage country”, eastern towns like Kingston and Peterborough, or the Niagara Region are all short drives away.

Travel within the city of Toronto couldnt be more simple. St. Clair Place will be essentially built on top of the St. Clair TTC Station, providing instant access to the TTC Subway. The Two largest Subway Lines, Line 1 Yonge-University, and Line 2 Bloor-Danforth intersect within Midtown, just three stops away at Bloor-Yonge Station, making transportation through the six boroughs of Toronto and beyond a simple, seamless affair.

Streetcars also run through East and west along St. Clair, providing easy travel across the city, and also a simple connection to St. Clair West Subway Station.

This project is essentially a transportation hub, making it a highly desirable location for those who are looking for an urban lifestyle with a great deal of infrastructure and amenities.

4.The Developer

Capital Developments is an award-winning real estate developer with projects all over. Active since 2006, Capital has a great deal of ties to development in Eastern Europe, where their founders were influential in defining architectural aesthetics and standards during a commercial boom.

Developing properties in Canada for almost 15 years, Capital Development has gained a reputation for extremely strong financial backings and development prowess. Their focus to date has been on the Toronto and Montreal real estate markets, and currently have over 2,000 condos in different stages of development across these two cities.

This developer is focused on treating their employees, and customers as their most important resource. Building solid relationships between people, partners, and investors, fosters creativity and stable, reliable projects.

5.Investment Opportunities

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.

Overview

  • Address 1485 Yonge Street, Toronto, ON, Canada
  • Country United States
  • City/Town

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