Plaza on Yonge Condos
Plaza on Yonge Condos is a new contemporary condominium project positioned at 5858 Yonge Street in Newtonbrook neighbourhood, Toronto. The nearest main intersection is Yonge St/Finch Avenue East. The project, now in pre-construction stage, is by Plazacorp Urban Residential Communities.
SummaryProject: Plaza on Yonge Condos
Developer: Plazacorp Urban Residential Communities
Address: 5858 Yonge St, North York, ON M2M 3T9
Plaza on Yonge Condos will be a 32-storiey mixed-use tower featuring a total of 408 units. These will include 152 one-bedroom, 216 two-bedroom, and 40 three-bedroom suites. Additionally, there are plans to incorporate an assortment of 13-two-level urban townhouses into this building at street level.
Suites will range from 592 sq. ft. to 1238 sq. ft. The project will also include a 4-level underground parking with 418 vehicle and 524 bicycle parking spaces. 11,150 sq. ft. of indoor amenities on the ground and 9th floors, and another 11,150 sq. ft. of outdoor amenities space comprising terraces on the ground plus 8th floors, will also be included in the building.
VIP Launch is scheduled for January, 2022.
Plaza on Yonge Condos Highlights
- Located in Toronto’s Newtonbrook West neighbourhood
- Has a Walk Score of 81/100 and an excellent Transit Score of 92/100
- Located just moments to Highways 401, 404 and 407
- 9-minute walking distance to the Finch Subway Station
- Short walking distance to Centrepoint Mall
- Close to North York General Hospital
- Close to many shopping, dining, and entertainment options
- Close to top schools
- Short bus commute to York University
- Close to parks including Northtown Park, Finch Parkette and Silverview Park
Amenities, which will be included at the n the building’s street level, will include a well-appointed welcome lobby, special event space for social meetings as well as conferences and a fully-equipped fitness facility. Also, there will be 5 different indoor community spaces, as well as an outdoor landscaped terrace, and a swimming pool.
The Yonge and Finch area is one of the Toronto’s major and widely used transit hubs. It offers GO Transit as well as TTC subway service at Finch Station, and Plaza on Yonge Condos is conveniently located approximately 5-minute walking distance away.
Future residents will easily access TTC, GO and YRT bus routes, as well as the Yonge University subway line.
Motorists will have quick access to the nearby Highways 401 and 404 making intercity travel a breeze.
Location and Neighbourhood
Plaza on Yonge sits at a prime location in Toronto’s Newtonbrook neighbourhood in North York. This is a charming and historic area. It is also a very family-friendly community in close proximity to plush natural green spaces, playgrounds, and some of Toronto’s best educational institutions.
The development is located within walking distance of anything and everything residents will need.
This includes some of the city’s best shopping, dining, and entertainment options. Residents will enjoy easy access to the nearby community centres, city libraries, recreational facilities, as well as numerous outdoor sports fields.
The Yonge and Finch corridor has much to offer.
This is why the neighbourhood continues to attract many younger residents as well as, emerging professionals who have been looking for less hectic but more affordable options compared to downtown.
This area has been designated as an “urban growth centre,” by the province, hence has been experiencing some dynamic changes. It is set to get substantial number of residential, retail, office, as well as cultural developments in the near future. This makes it a lucrative location to invest in.
Considering North York’s progressively rising profile as an urban development centre, this new luxury community is poised to be a highly attractive prospect for both home seekers and investors.
Plaza on Yonge Condos has attracted a lot of attention since it was first announced hence the project is expected to sell out quickly.
About the developer
Plazacorp Urban Residential Communities is a reputable real estate developer with award-winning projects in some of the Greater Toronto Area’s highly coveted neighbourhoods. Founded in 1982, the company has been building homes throughout Toronto and is mainly focused not only on quality but lasting value as well.