Azura, a recent addition to North York's skyline, stands as a symbol of modern urban living. This 32-storey condominium at 15 Holmes Ave offers a blend of luxury and convenience that has quickly captured the attention of Toronto's discerning homebuyers. With its swift sales and competitive pricing, Azura has established itself as a desirable address in the bustling Willowdale East neighborhood. However, beyond its impressive statistics and amenities, questions arise about the building's long-term value proposition and its impact on the local community. What factors contribute to Azura's appeal, and how does it compare to other developments in the area?
Key Facts
Azura's striking 32-storey condominium tower at 15 Holmes Ave in North York, Toronto, offers 358 residential units ranging from 740 to 1150 square feet. This modern residential complex caters to a diverse array of lifestyles and preferences, providing a range of unit sizes to suit various needs.
The building boasts an impressive selection of amenities designed to enhance residents' quality of life. These include a fully-equipped gym for fitness enthusiasts, a party room for social gatherings, and a rooftop deck offering panoramic views of the city. Additionally, Azura provides concierge services and visitor parking, ensuring convenience for both residents and their guests.
In terms of pricing, Azura offers competitive options in the Toronto real estate market. Average sale prices for units range from $658,000 to $774,900, while rental prices typically fall between $2,350 and $3,700 per month. These figures position Azura as an attractive option for both homeowners and investors.
One of Azura's notable advantages is its relatively low maintenance fee of $0.72 per square foot, which is below the neighborhood average of $0.80 per square foot. This lower fee contributes to the overall affordability and value proposition of the property.
Location is another key selling point for Azura. The condominium's proximity to public transit options enhances its appeal for urban dwellers. Residents benefit from easy access to the nearest bus stop on Yonge Street and a short walk to Finch Subway Station, facilitating seamless commutes and exploration of the city.
Building Overview
The architectural marvel that is Azura stands tall at 15 Holmes Ave in North York, Toronto. This impressive 32-storey residential building, completed in 2022, has quickly become a notable addition to the city's skyline. Offering 358 units, Azura caters to a diverse range of residents with suite sizes spanning from 740 to 1150 square feet.
Azura's design prioritizes both comfort and convenience for its occupants. The building boasts an array of amenities that enhance the living experience, including a BBQ area for social gatherings, a fully-equipped gym for fitness enthusiasts, a meeting room for professional needs, a party room for celebrations, and a rooftop deck offering panoramic views of the city.
The property's location is another significant advantage. Situated near major transit routes, including the Finch Subway Station, Azura provides residents with easy access to public transportation, facilitating seamless commutes and exploration of the Greater Toronto Area.
In terms of market performance, Azura has demonstrated strong appeal to buyers and investors alike. The average sale price per square foot stands at approximately $1,260, reflecting the building's quality and desirable location. With an average of 30 days on the market, units in Azura tend to sell relatively quickly, indicating robust demand for this modern residential offering.
Building Amenities
An impressive array of amenities awaits residents at Azura, enhancing their quality of life and fostering a sense of community. The building's extensive set of facilities caters to various aspects of modern living, ensuring that residents have access to both convenience and leisure options within their own home.
At the heart of Azura's amenities is the state-of-the-art gym, equipped with modern fitness equipment. This facility promotes a healthy lifestyle, allowing residents to maintain their fitness routines without leaving the building. For those who enjoy outdoor activities and social gatherings, the rooftop deck offers stunning views of the surrounding area. This space is ideal for hosting events, enjoying quiet moments, or simply taking in the cityscape.
The building also features a party room, perfect for larger gatherings and celebrations. Complementing this is a BBQ area, where residents can enjoy outdoor cooking and casual get-togethers. These spaces contribute to the sense of community within Azura, providing ample opportunities for social interaction among neighbors.
For residents who work from home or need a professional setting for meetings, Azura offers a dedicated meeting room. This amenity caters to the growing trend of remote work and provides a convenient solution for business needs.
Security and assistance are prioritized through the 24-hour concierge service, ensuring that residents have support available at all times. This service enhances the overall safety and comfort of the building.
Lastly, visitor parking is available, making it convenient for residents to host guests without the worry of finding nearby parking spaces. This thoughtful addition further emphasizes Azura's commitment to creating a welcoming and accommodating living environment for both residents and their visitors.
Maintenance Fees
Residents of Azura benefit from competitive maintenance fees, set at $0.72 per square foot, which falls below the neighborhood average of $0.80 per square foot. This advantageous rate contributes to the overall value proposition of living at Azura, while still guaranteeing the proper upkeep of the building's various amenities and services.
The maintenance fees at Azura cover a range of essential services and amenities, including:
- Common area maintenance
- Security services
- Concierge support
These fees play a vital role in maintaining the building's facilities, such as the gym, party room, and rooftop deck. By allocating funds to these areas, residents can enjoy well-maintained spaces and services that enhance their living experience.
It's important to note that the maintenance fees for individual units at Azura vary based on the size of the unit. This approach guarantees that residents pay proportionally to their unit's square footage, reflecting a fair distribution of costs among the building's occupants.
Timely payment of maintenance fees is essential for the smooth operation of Azura's services and amenities. By consistently meeting these financial obligations, residents contribute to the overall well-being of the building and its community.
The competitive maintenance fee structure at Azura demonstrates the building management's commitment to providing value to its residents. By keeping fees below the neighborhood average while still maintaining high-quality amenities and services, Azura offers an attractive living option for those seeking a balance between cost-effectiveness and premium features in their residential experience.
Explore Neighborhood
Nestled in the heart of Willowdale East, Azura offers its residents a vibrant and diverse neighborhood to explore. The area is rich in dining options, with various restaurants such as Mabu Station and Magic Noodle within walking distance. This eclectic mix of eateries caters to a wide range of tastes, ensuring that residents can enjoy a variety of culinary experiences without needing to venture far.
Beyond dining, the neighborhood is also home to numerous parks and green spaces, including Olive Square Park and Lorraine Drive Park. These parks provide ample opportunities for recreation and leisure activities, allowing residents to maintain an active lifestyle while enjoying the natural beauty of the area.
Convenience is another hallmark of the neighborhood, with several grocery stores like Tah Deeg, Metro, and H Mart North York nearby. These shopping options cater to diverse culinary needs, making it easy for residents to find the ingredients they need for their favorite dishes.
The neighborhood is well-connected via public transportation, with the Finch Subway station just a short walk away. This accessibility facilitates easy commutes across Toronto, making it an ideal location for both professionals and families. Additionally, local schools and educational institutions are readily accessible, further enhancing the area's family-friendly environment. Overall, Azura's neighborhood offers a balanced blend of amenities, green spaces, and connectivity, making it an attractive place to live.
Age Distribution of Residents
The Willowdale East neighborhood, where Azura is located, has a population of approximately 32,007 residents, with an average household size of 2 to 3 persons. This demographic profile indicates a diverse age distribution, appealing to both young professionals and families, creating a family-friendly environment suitable for residents of all ages. The average individual income in the neighborhood is around $57,784, reflecting a stable economic demographic.
Population
Located in the heart of North York, Azura at 15 Holmes Avenue is situated within a community that boasts a diverse population of approximately 32,007 residents. This demographic diversity contributes to a family-friendly environment, making it an attractive location for various age groups.
- Population Size: The community has a population of around 32,007 residents.
- Household Size: The average household size in the area is typically 2-3 persons.
- Age Distribution: The community features a diverse age distribution, including young professionals, families, and retirees, reflecting the suburban appeal of the neighborhood.
The population of North York, where Azura is located, is characterized by its diverse and family-friendly environment. With an average individual income of $57,784, the area supports a mix of young professionals, families, and retirees. This demographic mix contributes to the suburban appeal of the neighborhood, making Azura an attractive residential option.
Tenancy and Property Type
Azura's tenancy and property type are influenced by the age distribution of its residents, which reflects a diverse and family-friendly environment. The average household size in the Azura community is 2-3 persons, indicating a mix of families and individuals living in the area. This diversity is supported by the presence of reputable educational institutions and daycare centers within the neighborhood, catering to the needs of families and younger residents.
The community's age distribution is further highlighted by its population of approximately 32,007, creating a vibrant community atmosphere. The average individual income in North York is $57,784, suggesting a demographic with varying economic backgrounds. This mix of economic statuses contributes to the diverse age groups residing in the area, including young professionals, families, and retirees. The variety in property types, such as one, two, and three-bedroom units, accommodates the diverse needs of the residents, making Azura a suitable choice for a wide range of age groups and family sizes.
Average Income
The average individual income of $57,784 in the area surrounding Azura reflects a diverse economic landscape, with residents from various income backgrounds. This average income is indicative of a mix of families, young professionals, and students residing in the neighborhood.
- Demographic Diversity: The population of approximately 32,007 individuals contributes to a vibrant community, with an average household size typically ranging from 2 to 3 persons.
- Income Range: The average household income supports a healthy rental market, enhancing demand for residential properties like Azura.
- Community Composition: The demographic landscape includes a variety of age groups and family types, creating a dynamic and diverse residential environment.
Nearby Schools
The proximity of Azura condos to reputable educational institutions is a significant advantage for families, as it offers a variety of schooling options within a short distance. Located in the heart of North York, Azura is surrounded by several schools that cater to diverse educational needs. For instance, nearby schools include Earl Haig Secondary School, Apollo High School, St. Cyril Separate School, and Avondale Secondary Alternative School, among others. This array of educational institutions guarantees that families have access to both public and private schools, providing a thorough educational environment.
The neighborhood of Willowdale East, where Azura is situated, features a mix of public and private schools, further enhancing the educational landscape. Families with young children can also benefit from the proximity to daycare and early childhood education centers, supporting their early developmental needs. Additionally, community involvement and programs offered by local schools foster a strong educational environment, promoting a sense of community and collaboration among residents.
The area's excellent access to transportation enhances commuting options for students attending schools further away. With a transit score of 100/100 and proximity to Finch Subway Station, students can easily commute to schools outside the immediate neighborhood. This convenience makes Azura an ideal location for families seeking a balanced lifestyle that includes quality education and easy access to various parts of the city.
Luxurious Willowdale East Residence
Located in the heart of North York, Azura stands out as a luxurious 32-storey condominium at 15 Holmes Ave, offering 358 units with suite sizes ranging from 740 to 1150 sqft. This upscale residence is distinguished by its high-end amenities and prime location, making it a desirable choice for those seeking a luxurious lifestyle.
The average cost per square foot in Azura is $1,260, notably higher than similar condos in the Willowdale East area. This premium reflects the exceptional quality of life offered by the property, with residents enjoying access to a rooftop deck, gym, party room, concierge service, and BBQ area.
- Superior Amenities:
- Residents can unwind on the rooftop deck or enjoy social gatherings in the party room.
- The gym and fitness area provide ample space for maintaining an active lifestyle.
- Concierge service guarantees convenience and security for all residents.
- Prime Location:
- Azura is situated within walking distance to Finch Subway Station, making it an ideal choice for commuters.
- The surrounding neighborhood offers a vibrant community atmosphere with parks, restaurants, and grocery stores.
- Luxurious Suites:
- Suites range from 740 to 1150 sqft, offering spacious living areas.
- The property's upscale design guarantees a high-quality living environment.
Azura's luxurious amenities and prime location make it a standout in Willowdale East, providing a superior living experience for its residents.
