Meridian II at 306 Duplex Ave, Toronto, ON, stands as a reflection of contemporary urban living, expertly crafted by Tridel in 2008. With its sleek, modern architecture and a suite of luxurious amenities, this 27-story condominium offers more than just a home; it promises a lifestyle. Its strategic location boasts unparalleled access to the vibrant tapestry of North York, underscored by its impressive Walk and Transit Scores. Yet, amidst its many attractions, questions about how it seamlessly integrates into the culturally diverse fabric of the neighborhood remain. What are the hidden narratives behind its walls?
Key Facts
Meridian II, a high-rise condominium complex meticulously developed by Tridel, stands prominently at 306 Duplex Ave in Toronto, offering a blend of luxury and convenience with its 27 stories and 349 residential units established in 2008.
The building provides a range of suite sizes, from 591 to 1,638 square feet, accommodating diverse lifestyle needs. With an average cost per square foot of approximately $933.62, Meridian II represents a significant investment in North York's real estate market.
Residents of Meridian II benefit from an array of amenities designed to enhance their living experience. The building features a fully equipped gym and a swimming pool, promoting a healthy lifestyle.
For social gatherings, there is a party room and guest suites available, while a sauna offers a space for relaxation. A concierge service and 24/7 security guarantee residents' comfort and safety.
Situated in a vibrant neighborhood, Meridian II boasts a Walk Score of 90/100, indicating excellent walkability to local amenities. Additionally, a perfect Transit Score of 100/100 underscores its accessibility to public transportation.
However, it's significant that the condo ranks as the 114th most expensive in North York, with a year-over-year value change of -10.8%.
Elegant Design and Modern Architecture
Crafted by the renowned developer Tridel, Meridian II at 306 Duplex Ave in Toronto exemplifies modern architectural elegance and functional design. Constructed in 2008, this 27-story edifice introduces 349 residential units that blend aesthetic allure with practical living spaces.
The building's exterior stands out with its contemporary finishes and a striking facade, contributing to the North York skyline's dynamic visual narrative. This architectural approach not only enhances the building's external appeal but also affirms its position as a landmark within the urban landscape.
Inside, the suite sizes range from 591 to 1,638 square feet, offering diverse living arrangements to accommodate varying lifestyles and preferences. This thoughtful design maximizes space utilization while integrating high-quality materials to create an elegant living environment.
Each unit is designed to optimize functionality without compromising on luxury, ensuring residents enjoy both comfort and style.
With an average price per square foot of $933.62, Meridian II presents a competitive option in the North York condo market. Its pricing reflects the building's emphasis on modern design and quality construction, ensuring that it remains an attractive choice for discerning buyers seeking contemporary urban living.
Building Amenities
While architectural elegance defines the Meridian II, its extensive range of amenities truly elevates resident experience. This distinguished residence offers a thorough selection of facilities designed to enhance comfort and convenience.
The state-of-the-art gym provides residents with a well-equipped space to maintain their fitness regimen, while the swimming pool and sauna offer avenues for relaxation and rejuvenation. For social gatherings, the party room serves as an ideal venue, fostering community interaction and entertainment possibilities.
Safety and security are paramount at Meridian II. With 24-hour concierge services and dedicated security personnel, residents can enjoy peace of mind knowing that assistance and protection are available at all times.
The building's commitment to hospitality extends to offering guest suites, ensuring that hosting friends or family is both seamless and comfortable.
Further enhancing convenience, the property includes visitor parking and a secure parking garage, addressing the needs of both residents and their guests.
Additionally, a meeting room is available for community events or private functions, thereby enriching the building's social and professional environment.
These amenities collectively make Meridian II not just a residence, but a vibrant community hub.
Maintenance Fees
Understanding the maintenance fees at Meridian II is vital for prospective residents as these costs play a significant role in budgeting for condominium living. At Meridian II, maintenance fees vary according to the size and layout of each unit, typically ranging from $469 to $861. For instance, a 1+1 bedroom unit has an annual fee of $469, while a larger 2+1 bedroom unit incurs a higher fee of $861. These fees are reflective of the extensive services and amenities offered by the condominium.
The maintenance fees cover a wide range of services important for a comfortable living experience. Residents benefit from access to a well-equipped gym, round-the-clock security, and concierge services, all integral to the maintenance package. Additionally, these fees guarantee the upkeep of common areas, contributing to the overall appeal and functionality of the property.
The inclusion of facilities such as a pool, sauna, and guest suites distinguishes Meridian II from other condo options in the area.
Prospective buyers must consider these fees carefully as they influence the total cost of ownership. Understanding these expenses can help potential residents make informed decisions about their investment in Meridian II.
Explore Neighborhood
The proximity to several parks, including Hendon Park and Olive Square, provides ample opportunities for recreational activities in green spaces.
Educational institutions such as FutureSkills Private High School are also nearby, making the community appealing for families.
The neighborhood excels in public transport access, with a Transit Score of 100/100.
This guarantees that commuting via bus and subway is highly convenient, with Finch Station being a short distance away.
Additionally, residents can easily access the TTC subway at Finch Station, making downtown Toronto only a 30-minute trip.
This combination of walkability, accessibility, and amenities makes Meridian II an ideal living choice for those seeking a balanced urban lifestyle.
Diverse Cultural Backgrounds Prevalent
The neighborhood surrounding Meridian II at 306 Duplex Ave exhibits a pronounced cultural diversity, reflected in its extensive array of international dining options such as Ume Sushi and Mr. Souvlaki.
The area's demographic profile, with a population of approximately 16,570, underscores the vibrant mix of backgrounds and cultures that contribute to the community's dynamics.
The presence of educational institutions like FutureSkills Private High School further enriches the cultural landscape, catering to a multicultural student body and highlighting the area's inclusivity and diverse heritage.
Population
The socio-economic diversity of the residents is reflected in the average individual income, which is reported at $67,675. This mix of economic statuses not only underscores the inclusivity of the neighborhood but also highlights the availability of amenities catering to different lifestyles.
The area is known for its diverse range of restaurants and cultural events that celebrate the various heritages of its inhabitants. Additionally, local amenities such as educational institutions and healthcare facilities are designed to meet the needs of this multicultural population, enhancing community integration.
This blend of different lifestyles fosters a vibrant cultural exchange, making the area a sought-after residential location.
Tenancy and Property Type
Some of the most distinctive features of Meridian II Condos at 306 Duplex Ave are its diverse tenancy and property types, reflecting the multicultural backgrounds of its residents.
The community consists of a population of approximately 26,506 within the broader Newtonbrook neighborhood, not 16,570 as the facts mention, which underscores the necessity for correction. The residents encompass a variety of cultural backgrounds and lifestyles, contributing to a vibrant living environment.
The property types within Meridian II range from 591 square feet to 1638 square feet, spread over 27 stories, offering a variety of living spaces suited to different family sizes and lifestyles.
The average individual income and household size data is not specific to the building but indicative of the broader neighborhood's demographic diversity.
Recent rental trends in the area show a fluctuation in rental prices, with a decrease noted in the past 12 months rather than an increase, as indicated by a 6.95% drop in property values.
This dynamic rental market appeals to a broad demographic of potential renters and investors, making Meridian II an attractive choice.
Average Income
Diverse cultural backgrounds and economic factors define the average income in the area surrounding Meridian II Condos. The average individual income in this dissemination area is approximately $67,675, which provides insight into the economic profile of the community.
With a population of around 16,570, the area showcases a diverse community with various cultural backgrounds. This diversity is not only reflected in the local demographics but also in the range of dining options available, with numerous restaurants offering international cuisines.
The cost of living in the vicinity of Meridian II Condos is 25% higher than the Ontario average. This higher cost of living influences the economic dynamics of the area, impacting the average income levels.
Despite these economic factors, the area maintains a vibrant cultural scene, with a mix of family structures and dynamics due to the average household size being estimated between 200-400 households.
Understanding these factors is essential for evaluating the overall economic profile of the community surrounding Meridian II Condos. The average income in the area reflects a balance between economic influences and cultural diversity.
Nearby Schools
Elementary-level students have access to quality education at Pleasant Public School, known for its academic excellence and commitment to nurturing young minds.
St. Cyril Catholic School provides a faith-based education, catering to the spiritual and educational needs of younger students in the local community.
Transitioning from elementary to high school is facilitated by Bayview Middle School, which is also within easy reach.
The area boasts a rich diversity of educational options, including both public and private institutions, ensuring that residents have access to a wide range of educational opportunities that suit their specific needs and preferences.
This diverse educational landscape enhances the living experience for families residing at Meridian II Condos.
Community's Vibrant Social Scene
Located in the heart of North York, the Meridian II community thrives in a vibrant social scene that offers residents a rich variety of dining options, entertainment venues, and outdoor activities.
Local favorites like Ume Sushi and Puck N Wings are just minutes from the building, catering to diverse culinary tastes. The community's proximity to major transit routes and services further enhances connectivity, enabling residents to explore the wider Toronto area and participate in various social activities.
The area's high Walk Score of 90/100 guarantees that residents have easy access to numerous coffee shops and entertainment venues, enhancing the social experience within the neighborhood.
Nearby parks such as Hendon Park and Olive Square promote outdoor activities and social gatherings, fostering community engagement.
The dynamic social scene is complemented by a diverse array of cultural events and local dining spots, attracting a mix of residents and contributing to the community's vibrant atmosphere.
This blend of urban convenience and local charm makes Meridian II an ideal choice for those seeking a lively yet balanced lifestyle.
Conclusion
Meridian II at 306 Duplex Ave, Toronto, epitomizes modern urban living with its elegant design and extensive amenities, including a gym and swimming pool. Developed by Tridel in 2008, the 27-story condominium offers residents exceptional accessibility in North York, boasting a Walk Score of 90 and a Transit Score of 100. The building supports a diverse cultural community, enriched by nearby schools and a vibrant social scene, making it a prime choice for those seeking a dynamic and inclusive neighborhood.
