The Capitol Condos | Toronto
The Capitol Condos is a new deluxe condominium project coming soon to 2500 Yonge Street, Toronto. This project by Madison Group in partnership with Westdale Properties is currently in pre-construction phase.
SummaryProject: The Capitol Condos | Toronto
Developer: Madison Group & Westdale Properties
Address: 2500 Yonge St, Toronto, ON M4P 2H7
The Capitol Condos will be a 14-storey building featuring 145 suites in total ranging from one-bedroom to three-bedrooms. The building will also have plenty of retail space on the ground level.
This landmark project will also feature more than 15,000 sq. ft. of retail floor space throughout the building, with many commercial retail units facing Yonge St. The project will also have a total of 191 parking separate parking spaces for residents and visitors.
The Capitol Condos Highlights
- Located in Toronto’s Lytton Park neighbourhood
- Has a Walk Score of 90/100, Transit Score of 87/100, and Bike Score of 72/100
- 10-minutes’ walk to the Yonge-Eglinton Mall
- 10-minute drive to Highway 401
- Located less than 10-minute walking distance to the future Crosstown Eglinton LRT as well as Eglinton TTC Subway Station
- Surrounded by shopping, dining, recreational and entertainment
- Close to schools
- Close to parks including Sherwood Park & Eglinton Park
The Capital Condos will feature great amenities including 24/7 concierge, residential guest suite, social club with a lounge and dining, gym along with private workout areas, golf simulator and lounge area, kids’ play area, automated parcel storage, luxurious outdoor lounge featuring a dining area, and pet spa.
The Capitol Condos is located in a transit-friendly area, making it easy to commute throughout the city. Future residents will be walking distance to Eglinton Station and easily access TTC bus routes, the subway lines, as well as the new Crosstown LRT. Motorists will be 10-minutes away from Highway 401.
Location and Neighbourhood
The Capitol Condos is nestled in Lytton Park neighbourhood in Toronto, just steps to the vibrant intersection of Yonge Street and Eglinton Avenue. This is one of the most coveted addresses in the city, boasting world-class transit, strong employment opportunities plus job growth, unrivalled dining and entertainment, as well as well-developed healthcare services.
It is ideal for young professionals, down-sizers, and growing families.
This condo location has a clearly urban feel and residents are in close proximity to everything they need. All daily errands can be accomplished without the use of a car. The Yonge-Eglinton Centre houses a Metro grocery store. Bars and restaurants line up the nearby streets and an Absolute Comedy Club is even close by.
This neighbourhood is among the most affluent ones in Toronto, with 19.5% of its households having reported a $200,000 annual income and above in 2016, which is a lot higher than the city average. It has also experienced considerable growth in population in recent years.
Over five years — from 2011 to 2016 — it grew 11.7% from 7,162 t0 11,817. Real estate industry insiders predict that this trend will continue as developers and the city work to finish their various projects.
The Yonge and Eglinton area is certainly not only a great place to live, but an even better place to invest in. This neighbourhood is set to benefit soon from the new Eglinton Crosstown LRT.
This upcoming rapid transit line will run along the Eglinton corridor, starting from Mt. Dennis located in the west, right to Kennedy Station located in the east, linking the whole region of Midtown Toronto together. This neighbourhood will be transformed into a central transit node in Toronto’s subway system.
About the developers
Madison Group is a leading Toronto and New York-based real estate developer with an extensive portfolio that comprises master-planned communities (low-rise), mixed-use high-rise projects, retail industrial, office, rental as well as retirement properties across Toronto and New York.
Based in Toronto, Westdale Properties has for over 60 decades owned, managed as well as developed real estate throughout North America. This family company is committed to nurturing positive experiences for the many thousands of people who not just live, but also work and shop at their properties.
The company has an exceptional vision for multi-residential real estate as well as knowledge of mixed-use development.