Azura, a contemporary high-rise condominium at 15 Holmes Ave, Toronto, stands as a representation of modern urban living. Completed in 2022, this 32-story structure offers 358 luxury units in the heart of Willowdale East. With its blend of urban convenience and suburban tranquility, Azura presents an intriguing option for both residents and investors. The building's impressive amenities and strategic location near public transit and reputable schools warrant a closer examination. As we explore the nuances of this property, questions arise about its impact on the neighborhood and its long-term value proposition in Toronto's dynamic real estate market.
Key Facts
Nestled in the heart of North York, Azura stands as a prominent high-rise condominium at 15 Holmes Ave. This impressive structure, completed in 2022 by Capital Developments, boasts 32 stories and houses a total of 358 units. The building's modern design and strategic location make it a desirable choice for urban dwellers seeking contemporary living spaces.
Azura offers a range of suite sizes to accommodate various lifestyle needs, with units spanning from 740 to 1150 square feet. This diversity in floor plans guarantees that residents can find a space that suits their individual requirements, whether they're looking for a compact urban retreat or a more spacious home.
The average price per square foot at Azura is $1,196, positioning it as a premium option in the local real estate market. This pricing reflects a 31.1% premium compared to other condominiums in the Willowdale East area, indicating the property's high-end status and desirable features.
Residents of Azura benefit from a host of modern amenities designed to enhance their living experience. These include a concierge service for added convenience and security, a well-equipped gym for fitness enthusiasts, a rooftop deck offering panoramic views, and a party room for social gatherings and events.
The building's location offers excellent connectivity to public transit options. The nearby Yonge St. / Kempford Blvd. bus stop provides easy access to local transportation, while the Finch Subway Station is within walking distance, facilitating seamless commutes throughout the Greater Toronto Area.
Building Overview
Azura at 15 Holmes Ave stands as a tribute to modern urban living in North York, Toronto. This impressive high-rise condominium, completed in 2022 by Capital Developments, boasts 32 stories and houses 358 residential units. The building's sleek architecture and luxury amenities make it a standout addition to the Willowdale East skyline.
The Azura offers a diverse range of living spaces, with suite sizes varying from 740 to 1,150 square feet. This variety caters to different lifestyle needs and preferences, accommodating singles, couples, and families alike. The average price per square foot of approximately $1,196 reflects the competitive nature of the local real estate market and the quality of the development.
Residents of Azura enjoy a host of premium amenities designed to enhance their daily lives. These include a concierge service, ensuring a seamless living experience, and a well-equipped gym for fitness enthusiasts. The building also features a rooftop deck, providing stunning views of the surrounding area, and a party room for social gatherings and events.
The strategic location of Azura at 15 Holmes Ave offers residents excellent connectivity to the city. With convenient access to public transit, residents can easily commute to other parts of Toronto. The proximity to shopping centers, parks, and local attractions further enhances the appeal of this residential development, providing a perfect balance between urban convenience and community living.
Building Amenities
Boasting an impressive array of amenities, Azura at 15 Holmes Ave elevates the standard of condominium living in North York. The building offers a thorough set of facilities designed to enhance residents' lifestyle and convenience, catering to various needs and preferences.
At the heart of Azura's amenities is the state-of-the-art fitness center. Equipped with modern exercise equipment, this facility promotes a healthy and active lifestyle within the community. Residents can maintain their fitness routines without leaving the comfort of their building, making it easier to prioritize wellness in their daily lives.
The rooftop deck stands out as a premier feature, offering breathtaking views of the surrounding area. This thoughtfully designed space includes BBQ stations, creating an ideal environment for social gatherings, relaxation, and outdoor dining. It serves as an extension of residents' living spaces, perfect for entertaining guests or enjoying quiet moments amidst the urban landscape.
Azura also caters to families with its dedicated children's play area. This family-friendly addition guarantees that younger residents have a safe and engaging space to play and socialize, fostering a sense of community among families within the building.
For hosting larger gatherings or events, Azura provides a party room, offering residents a versatile space for celebrations and social functions. The 24-hour concierge service adds an extra layer of convenience and security, assisting residents with various needs around the clock.
Lastly, the provision of visitor parking enhances accessibility for guests while maintaining convenience for residents. This thoughtful inclusion guarantees that hosting friends and family is hassle-free, contributing to the overall appeal of Azura as a welcoming and accommodating residential community.
Maintenance Fees
While the amenities at Azura contribute considerably to its appeal, prospective residents and owners should also consider the financial aspects of living in this condominium. One vital factor to evaluate is the maintenance fees, which play a significant role in the overall cost of ownership.
At Azura Condos, the maintenance fees are set at $0.72 per square foot, which is significantly below the neighborhood average of $0.80 per square foot. This competitive rate is an attractive feature for potential buyers, as it allows them to enjoy the building's luxurious amenities without incurring excessive monthly costs. These fees contribute to the upkeep of various facilities, including:
- The state-of-the-art gym
- The rooftop deck with panoramic views
- The well-appointed party room
It's important to recognize that maintenance fees are typically influenced by the size of the unit. Larger suites generally incur higher total fees due to their increased square footage. However, the per-square-foot rate remains consistent across all units within the building.
Residents can expect their maintenance fees to cover various essential services. A portion of these fees is allocated to property management, maintenance staff, and common area utilities. This guarantees that the building remains well-maintained and continues to provide a high standard of living for its occupants.
As with most condominiums, residents of Azura should anticipate potential increases in maintenance fees over time. These adjustments are necessary to accommodate rising operational costs and to fund enhancements to building services and amenities. By staying informed about these financial aspects, residents can better plan for their long-term expenses and fully appreciate the value provided by Azura Condos.
Explore Neighborhood
The neighborhood surrounding Azura Condos offers a unique blend of urban convenience and suburban tranquility, making it an ideal location for residents seeking a balanced lifestyle. Situated in Willowdale East, North York, this area boasts a family-friendly environment with a diverse population of approximately 32,007 residents. The community is characterized by a mix of demographics, creating a vibrant and inclusive atmosphere.
Residents of Azura Condos will find themselves within walking distance of various amenities, including popular restaurants like Gyugyuya and Magic Noodle, as well as grocery stores such as Metro and H Mart North York. Local parks, including Olive Square Park and Lorraine Drive Park, provide green spaces for recreation and relaxation, enhancing the neighborhood's appeal for families and outdoor enthusiasts.
The area is well-connected by public transit, with Finch Station just a short walk away, providing easy access to downtown Toronto and other parts of the city. This connectivity makes it an ideal location for commuters and those who value the convenience of urban living without the need for a car.
Educational institutions nearby, such as McKee Public School and Churchill Public School, contribute to the neighborhood's attractiveness for families seeking quality schooling options for their children. Overall, the neighborhood surrounding Azura Condos offers a perfect blend of convenience, tranquility, and community, making it a highly desirable place to live.
Age Distribution of Residents
The population in the vicinity of Azura, located at 15 Holmes Ave, North York, exhibits a diverse age distribution, contributing to a family-friendly environment. Young adults aged 25-34 are particularly drawn to the area, which also attracts families with children due to its proximity to schools and parks. Seniors aged 65 and older constitute a smaller segment of the population, indicating a predominance of younger residents and families in the community.
Population
Residents in the area surrounding Azura Condos at 15 Holmes Avenue in Toronto exhibit a diverse age distribution, contributing to a vibrant community atmosphere. This diversity is reflected in the population statistics, which indicate a significant presence of families with children, young professionals, and retirees.
- The population includes a substantial number of families with children, as 12% of residents are aged 0-14 years.
- Young professionals and students are also well-represented, with 2% aged 15-19 years and 20% aged 20-34 years.
- The area is also attractive to working-age individuals and retirees, with 17% aged 35-49 years, 22% aged 50-64 years, and a notable presence of seniors aged 65 and over.
This age distribution underscores the area's appeal to a wide range of demographics, creating a dynamic and inclusive community environment. The presence of families, young professionals, and retirees contributes to a lively atmosphere, supported by the area's amenities and services tailored to meet the diverse needs of its residents.
Tenancy and Property Type
The diverse age distribution in the area surrounding Azura Condos at 15 Holmes Avenue in Toronto is reflected in the tenancy and property types available. The demographic profile of residents at Azura reveals a diverse age distribution, attracting both young professionals and families due to its modern amenities and proximity to schools and parks. This diversity is supported by the average individual income in the surrounding area, which is $57,784, suggesting a community of working professionals and families that can support a range of tenancy options.
The area's strong rental yield potential and competitive pricing attract a younger demographic seeking flexible living arrangements, contributing to a dynamic tenant mix. The condominium offers a variety of unit types, including one-bedroom, one-bedroom with a flex space, two-bedroom, and three-bedroom units, ranging from 430 to 1,150 square feet, catering to different household needs. This range of units supports a diverse tenancy profile, including families, young professionals, and individuals looking for flexible living arrangements.
Average Income
A distinguishing characteristic of the neighborhood surrounding Azura Condos at 15 Holmes Avenue in Toronto is its average individual income, which stands at approximately $57,784. This figure indicates a middle-income demographic, reflecting the area's diverse population comprising families, young professionals, and retirees.
The income distribution in the neighborhood supports a range of living arrangements, making it attractive to various residents. Key points about the average income and its implications include:
- Middle-income demographic: The average individual income suggests a balance between affordability and higher income brackets, appealing to a wide range of residents.
- Diverse population: The area is home to families, young professionals, and retirees, indicating a mix of living situations and income levels.
- Attractiveness to educated individuals: The neighborhood's proximity to quality schools and amenities enhances its appeal, particularly for families and individuals seeking educational opportunities.
This income profile, combined with the area's demographic mix and amenities, contributes to the neighborhood's attractiveness and diversity.
Nearby Schools
Living in close proximity to reputable educational institutions is a significant advantage for families residing at Azura, located at 15 Holmes Ave in Toronto. The neighborhood boasts several highly regarded schools, including McKee Public School and Churchill Public School, which are within walking distance. These schools offer a range of educational programs that cater to diverse learning needs, ensuring a well-rounded educational experience for children living at Azura.
The nearby Jonas High School provides a secondary education option for older students, further enhancing the appeal of the neighborhood for families. The availability of both public and private schools within the region expands educational opportunities for residents of Azura, making it an attractive choice for families with children of various ages. The quality of schools in the area is a significant factor in the overall desirability of the neighborhood, often influencing real estate decisions.
Parents appreciate the diverse educational programs offered by local schools, which support a thorough educational experience. The proximity of Azura to these schools not only simplifies daily commutes but also fosters a sense of community among residents. This blend of educational excellence and convenience makes Azura an ideal residence for families seeking a balanced and enriching environment for their children.
Vibrant Willowdale East Location
Located in the heart of Toronto, the vibrant Willowdale East neighborhood surrounding Azura at 15 Holmes Ave offers residents a blend of convenience, community, and quality of life. This area is particularly appealing due to its proximity to essential services and amenities, making daily life seamless for its inhabitants.
Key highlights of the neighborhood include:
- Proximity to Public Transit: Residents enjoy easy access to the Finch Subway Station, which is just a 3-minute walk away, ensuring quick and efficient travel across the city.
- Amenities and Services: The area is home to a variety of grocery stores such as Metro and Loblaws, popular dining options like Gyugyuya and Magic Noodle, and recreational spaces including Olive Square Park.
- Educational Institutions: Families benefit from the presence of reputable schools such as McKee Public School and Churchill Public School, enhancing the neighborhood's family-friendly appeal.
With a diverse demographic of approximately 32,007 residents and an average individual income of $57,784, Willowdale East fosters a vibrant local culture. The real estate market in this area is competitive, with the average price per square foot for condos standing at $1,196, reflecting the high demand for properties in this desirable location. This blend of accessibility, amenities, and community spirit makes Willowdale East an attractive choice for both families and professionals.