Lotus Condominiums, a modern residential development in Toronto's Bayview Village, offers a blend of contemporary living and urban convenience. This 11-storey structure, completed in 2018, houses 234 spacious units with high ceilings and an array of amenities. Its prime location, directly accessible via Bayview Subway Station, places residents at the heart of a vibrant, mainly Asian-Canadian community. While the building's features are impressive, there's more to explore about this lotus-inspired architectural gem and its surrounding neighborhood that makes it a remarkable addition to Toronto's real estate landscape.
Key Facts
Lotus Condominiums stands as a modern residential development in North York, Toronto. Located at 7 Kenaston Gardens, this 11-storey building was completed in 2018 by Chestnut Hill Developments. The property features 234 residential units, offering a range of living spaces to suit various needs and preferences.
The condominium units at Lotus vary in size, with the average listed condos ranging from 600 to 799 square feet. Prospective buyers can choose from different layouts, including 1+1 bedroom and 2 bedroom configurations. Pricing for 1+1 bedroom units ranges from $609,900 to $649,000, while 2 bedroom units are priced between $698,000 and $960,000, reflecting the diverse options available within the building.
Maintenance fees for Lotus Condominiums units range from $489 to $828 per month, depending on the unit size and associated amenities. These fees contribute to the upkeep of the building's facilities and services, ensuring a high standard of living for residents.
The development offers an array of amenities designed to enhance residents' lifestyles. These include a fitness center for health-conscious individuals, concierge service for added convenience, and outdoor spaces for relaxation and social gatherings. Security features such as secure entry systems and underground parking provide peace of mind for residents.
Lotus Condominiums boasts an excellent location with strong public transit connectivity. Situated directly across from Bayview Subway Station, residents enjoy easy access to Toronto's transportation network. The property's proximity to Bayview Village Shopping Centre and local parks further enhances its appeal, offering a balance of urban convenience and green spaces within walking distance.
Building Overview
Constructed in 2018, the 11-storey structure at 7 Kenaston Gardens in North York, Toronto, stands as a tribute to modern urban living. Developed by Chestnut Hill Developments, Lotus Condominiums offers a total of 234 residential units, catering to those seeking a contemporary lifestyle in a prime location.
The building's design prioritizes comfort and convenience, with ceiling heights ranging from 9 to 10 feet, creating spacious and airy living environments. Units typically span between 715 and 737 square feet, providing ample space for residents. Each unit features a large balcony, offering scenic views of the surrounding area and enhancing the overall living experience.
Lotus Condominiums boasts a range of upscale amenities that contribute to its appeal. Residents benefit from a concierge service, guaranteeing a secure and welcoming atmosphere. The on-site fitness center promotes an active lifestyle, while the residents' lounge provides a communal space for relaxation and socializing.
The property's location near Bayview Subway Station is a significant advantage, offering easy access to public transit and improving connectivity for residents. This proximity to transportation hubs enhances the overall value and desirability of the development.
Maintenance fees for units in Lotus Condominiums range from $489 to $828, reflecting the high-quality amenities and services provided. These fees contribute to the upkeep of the building's facilities and guarantee a well-maintained living environment for all residents.
Building Amenities
A hallmark of modern urban living, the amenities at Lotus Condominiums are designed to enhance residents' quality of life. The building boasts a state-of-the-art fitness center, providing residents with access to advanced exercise equipment and facilities. This modern wellness space allows occupants to maintain their health and fitness routines without leaving the comfort of their residential complex.
Community engagement is fostered through the residents' lounge, a dedicated area for social gatherings and events. This space serves as a hub for building a sense of community among occupants, offering opportunities for interaction and shared experiences. The lounge can accommodate various activities, from informal get-togethers to organized community events.
Complementing the indoor amenities, Lotus Condominiums features an outdoor space for relaxation and recreation. This area provides residents with a tranquil environment to unwind, enjoy fresh air, and engage in outdoor activities, further enhancing their living experience.
Security and convenience are prioritized through the provision of a concierge service at the front desk. This service guarantees resident safety and offers assistance with various needs, contributing to a seamless and comfortable living environment. The building's commitment to safety is further reinforced by the implementation of secured entry systems, promoting peace of mind for all residents.
These carefully curated amenities at Lotus Condominiums reflect a thoughtful approach to modern urban living, combining wellness, community, and security features to create a thorough and enriching residential experience for its occupants.
Maintenance Fees
While amenities contribute greatly to the appeal of Lotus Condominiums, prospective residents must also consider the associated maintenance fees. These fees are an essential aspect of condo living, ensuring the upkeep of common areas, building security, and the provision of various amenities for residents.
At Lotus Condominiums, the maintenance fees range from $489 to $828 per month, depending on the specific unit. This variation in cost is primarily attributed to differences in unit size and features. Larger units or those with premium amenities may incur higher fees due to increased maintenance requirements or a greater share of common expenses.
The maintenance fees cover a range of services that benefit all residents. These typically include the upkeep of common areas, ensuring they remain clean, functional, and aesthetically pleasing. Building security measures are also funded through these fees, providing residents with peace of mind. Additionally, the fees contribute to the operation and maintenance of shared amenities available to all occupants.
It's important to note that the maintenance fee structure at Lotus Condominiums is based on factors such as floorplan and overall square footage. Potential buyers or renters should carefully review the specific details outlined in the condo's bylaws or agreements to understand the exact costs associated with their desired unit.
Prospective residents should also be aware that certain amenities may incur additional fees beyond the standard maintenance costs. These extra charges could apply to specialized services or premium features not covered by the base fee structure. Understanding these potential additional expenses is vital for accurate financial planning when considering a unit at Lotus Condominiums.
Explore Neighborhood
The upscale Bayview Village neighborhood, where Lotus Condominiums is situated, exudes a sense of luxury and community. This vibrant area is renowned for its high-end living and easy access to a variety of amenities. Bayview Village Shopping Centre, located just across the street, offers a diverse range of upscale retail shops and gourmet grocery stores, including Loblaws. This convenience allows residents to enjoy a luxurious lifestyle with all their needs just a short walk away.
The neighborhood is also well-equipped with green spaces, providing residents with tranquil areas for recreation and relaxation. Kenaston Gardens Parkette and Bayview Parkette are just a few of the parks nearby, offering picturesque settings for leisure activities. This blend of urban convenience and natural beauty makes Bayview Village an ideal place for both families and professionals.
Public transit options are abundant in the area, ensuring residents have quick access to the rest of Toronto. Bayview Subway Station is located directly across the street from Lotus Condominiums, making daily commutes efficient and convenient. In addition, the area boasts a strong educational infrastructure, with reputable schools and childcare facilities nearby. These amenities cater to the diverse needs of residents, making Bayview Village a sought-after neighborhood for those seeking a balanced lifestyle.
Predominantly Asian-Canadian Community
The Bayview Village neighborhood, where Lotus Condominiums is located, is characterized by a mainly Asian-Canadian community. This demographic is reflected in the area's high percentage of residents with university degrees, standing at 58.24%, and an average household income of approximately $119,397.42, indicating a prosperous and well-educated community. The local amenities, including grocery stores and restaurants catering to Asian culinary preferences, further enhance the community's appeal to Asian-Canadian residents.
Population
Situated in the heart of North York, Lotus Condominiums is nestled within a vibrant community that reflects the diverse cultural tapestry of Toronto. This area is particularly notable for its significant Asian-Canadian population, contributing to a rich cultural landscape. Approximately 41% of the population in North York identifies as part of a visible minority, with a notable concentration of Asian-Canadians. This demographic diversity enhances the neighborhood with a variety of cultural events, festivals, and culinary options.
The Asian-Canadian community in this area is characterized by a high level of education, with a significant percentage of residents holding university degrees. This educational background contributes to a professional atmosphere in the neighborhood. In addition, the community places a strong emphasis on family-friendly amenities. Reputable schools and childcare facilities are readily available, catering to the needs of Asian-Canadian families residing in the area. This combination of cultural richness, educational achievement, and family-oriented facilities makes the area surrounding Lotus Condominiums a desirable place to live.
Tenancy and Property Type
Demographic diversity and cultural richness define the tenancy and property type of Lotus Condominiums at 7 Kenaston Gardens, nestled in the heart of North York's vibrant community. This area is home to a significant Asian-Canadian population, which contributes to the diverse cultural influences present in the neighborhood. Families and professionals from various backgrounds, including those of Asian descent, reside in this community, creating a mixed demographic profile.
The area's educational facilities, such as reputable schools and childcare options, cater to the needs of families, making it an attractive choice for Asian-Canadian households. The presence of grocery stores offering Asian products further enhances the appeal of this location. Public transportation, including the Bayview Subway Station directly across from the condos, provides convenience for residents commuting to work or school, a factor often valued in the Asian-Canadian demographic. This blend of cultural diversity and practical amenities makes Lotus Condominiums an ideal choice for those seeking a vibrant and inclusive community.
Average Income
The average household income in the mainly Asian-Canadian community around Lotus Condominiums is approximately $119,397.42, reflecting a high standard of living influenced by the community's professional and educational achievements. This figure underscores the financial stability and economic strength of the area, which is characterized by a mix of young singles and white-collar professionals.
The community's high level of educational attainment, with 58.24% of residents holding a university degree, contributes greatly to the average household income. The presence of well-educated individuals in the workforce translates into higher earning potential and greater financial security. Additionally, the community's family-oriented living arrangements, with an average of 1.34 children per household, suggest a stable and supportive environment that fosters economic growth and consumer spending.
The primarily Asian-Canadian community around Lotus Condominiums benefits from a strong economic foundation, driven by the professional engagement and educational achievements of its residents. This economic stability supports a high quality of life and enhances the overall appeal of the area for both residents and potential homebuyers.
Nearby Schools
Families residing in Lotus Condominiums at 7 Kenaston Gardens benefit from access to a variety of reputable schools in the Bayview Village area. This neighborhood is known for its diverse educational institutions, including both public and private schools, which cater to a wide range of educational needs. The community's strong involvement in education contributes to favorable educational performance metrics, making it an attractive location for families seeking quality educational opportunities.
The proximity of schools to Lotus Condominiums offers convenience for families, allowing children to attend schools that are within walking distance. This not only enhances the quality of life for residents but also contributes to the overall appeal of the neighborhood. Moreover, the presence of childcare facilities in close proximity provides additional convenience for working parents, ensuring that their children are well cared for while they are at work.
The educational landscape in Bayview Village is complemented by its community centers and libraries, which offer additional resources for students. These amenities, combined with the variety of schools, make Lotus Condominiums an ideal choice for families who value education and seek a supportive community environment. Overall, the Bayview Village area provides an extensive educational ecosystem that supports the academic and extracurricular needs of its residents.
Serene Lotus-Inspired Architecture
Lotus-inspired architecture is characterized by its emphasis on modern living in an upscale environment. The Lotus Condominiums, completed in 2018 by Chestnut Hill Developments, exemplifies this design philosophy. Standing 11 stories tall, the building comprises 244 units, showcasing a thoughtfully designed layout that maximizes natural light and views for residents.
Each unit boasts high ceilings, with options of 9 ft and 10 ft, enhancing the spacious and airy feel of the interiors. The architectural design includes large balconies, some up to 276 sq ft, offering private outdoor spaces and views of the surrounding Bayview Village area. This not only provides residents with ample space for relaxation but also allows them to enjoy the serene views of the neighborhood.
The condominium incorporates serene landscaping around the property, contributing to a tranquil living atmosphere that reflects the calming essence of lotus-inspired design. The design guarantees that the modernity of the building blends seamlessly with the natural surroundings, creating a harmonious living environment. The Lotus Condominiums at 7 Kenaston Gardens, Toronto, truly embodies the principles of serene and contemporary architecture, making it an ideal choice for those seeking upscale living in the heart of North York.