Nestled in the heart of Toronto's Banbury | Don Mills neighborhood, Concorde Park II at 7 Concorde Place stands as a reflection of refined urban living. This high-rise condominium, known for its striking architecture and meticulously designed units, offers an exceptional blend of comfort and convenience. Residents are treated to an extensive suite of amenities that cater to a modern lifestyle, coupled with the allure of nearby natural landscapes. As we explore the unique characteristics and community experiences at Concorde Park II, one question remains: what truly sets this residence apart in Toronto's competitive real estate landscape?
Key Facts
Situated at 7 Concorde Place in Toronto, Concorde Park I emerges as a distinguished high-rise condominium complex, established in 1992 by the developer Concord. This iconic building houses 439 diverse units, with sizes ranging from 652 to 1497 square feet, catering to a variety of residential needs. The prestigious complex commands an average price of $741 per square foot, positioning it among the most expensive condominium options in the Banbury | Don Mills area.
Residents of Concorde Park I benefit from a thorough monthly maintenance fee of $470, which encompasses essential services such as common element maintenance, heat, and building insurance. This fee guarantees a well-maintained and secure living environment, contributing to the building's high standing in the community.
The strategic location of Concorde Park I offers convenient access to key transportation links, including a 5-minute drive to Warden Station and proximity to the Don Valley Parkway, facilitating seamless commutes. The building is surrounded by an array of amenities, featuring a gym, pool, sauna, and ample parking. Additionally, residents enjoy nearby dining options and the natural beauty of Greenbelt Park and Charles Sauriol Conservation Area, enhancing the overall living experience.
High-Rise Architecture Details
As one appreciates the key facts surrounding Concorde Park I, its high-rise architectural details further emphasize the building's esteemed reputation. Erected in 1992, this North York edifice exemplifies the sleek and efficient design ethos of the 1990s, blending modern aesthetics with practical living solutions.
The building's façade presents a streamlined appearance, characterized by its clean lines and expansive glass surfaces. These architectural choices not only contribute to its visual appeal but also enhance functionality, offering residents abundant natural light and panoramic views.
Comprising 439 residential units, Concorde Park I provides a variety of living spaces, ranging from 652 to 1497 square feet. This diversity caters to different lifestyle needs, accommodating singles, couples, and families alike.
A remarkable feature of the design is the inclusion of large windows and balconies, which serve to harmonize indoor and outdoor spaces, creating an inviting atmosphere.
Strategically located near major transit routes, the building guarantees seamless connectivity to downtown Toronto and beyond. This accessibility, combined with its thoughtful architectural execution, establishes Concorde Park I as a desirable residential choice.
Its design not only reflects the era's architectural trends but also anticipates the needs of contemporary urban living.
Building Amenities
Though Concorde Park I was built in 1992, it remains contemporary with its extensive range of amenities that cater to modern lifestyles.
The building offers residents a well-equipped gym, allowing fitness enthusiasts to maintain their exercise routines without leaving the premises. Complementing the fitness facilities is an indoor swimming pool, providing a serene environment for both relaxation and exercise. Additionally, the inclusion of a sauna offers residents a soothing retreat to unwind after a long day.
Parking facilities are also available on-site, ensuring convenience for those who own vehicles. This is particularly advantageous given the proximity to key transport links, such as Warden Station, which enhances accessibility for residents relying on public transportation.
The building's strategic location further benefits residents with access to nearby outdoor spaces, including the scenic Greenbelt Park and Charles Sauriol Conservation Area. These natural havens provide ample opportunities for outdoor activities, making it easy for residents to enjoy leisurely walks, picnics, or cycling.
Maintenance Fees
Maintenance fees are an important consideration for prospective buyers at Concorde Park I, ensuring the upkeep and smooth operation of the building's amenities and common areas. At a monthly cost of $470, these fees cover the maintenance of common elements, heating, and building insurance, providing residents with peace of mind regarding the property's management and services.
This cost is a vital component of the overall monthly expenses that residents must budget for, alongside mortgage payments and property taxes.
With respect to nearby condos, maintenance fees in the area can vary considerably, with some reaching $507. This variation highlights the importance of evaluating the specific amenities and features each building offers.
The fees at Concorde Park I are considered reasonable, especially when juxtaposed with the average price per square foot of $741 for recent sales within the building. This suggests that residents receive good value for their investment regarding maintenance and services provided.
Prospective buyers should factor these fees into their financial planning. The consistent maintenance of shared spaces and essential services underscores the importance of these fees in maintaining the quality and appeal of living at Concorde Park I.
Explore Neighborhood
Beyond the physical confines of Concorde Park I, the broader neighborhood offers residents a vibrant and diverse living environment. The area is characterized by a mix of residential and commercial spaces, providing a balanced community atmosphere.
Local amenities are plentiful, with dining options such as Diwan and Hashimoto Restaurant offering a variety of culinary experiences. For daily essentials, Marcheleo's Gourmet Marketplace serves as a convenient grocery shopping destination.
Residents can also enjoy the natural beauty of the area by visiting Greenbelt Park and Charles Sauriol Conservation Area, both within a short walking distance.
The neighborhood's accessibility is enhanced by its proximity to various public transportation options, including Warden Station, which is approximately 12 minutes away by car. Families will appreciate the nearby schools, such as Don Mills Collegiate Institute and Senator O'Connor College School.
Diverse Cultural Backgrounds Prevalent
The Concorde Park area, located within the Banbury | Don Mills neighborhood, is distinguished by its diverse cultural backgrounds, fostering a vibrant community atmosphere.
With a population of 12,504 residents, the area supports a variety of cultural practices and economic diversity, as reflected in an average individual income of $56,942.
The presence of multicultural amenities and services, including international restaurants and diverse grocery stores, underscores the community's rich cultural tapestry.
Population
A hallmark of the area surrounding Concorde Park I is its diverse cultural landscape, with a population of approximately 12,504 individuals. This demographic diversity is further reflected in the average individual income of $56,942, indicating a mix of socioeconomic statuses among residents.
The average household size of 2.5 individuals suggests a community that includes families as well as singles and couples.
The area around Concorde Park I demonstrates a growing interest in multicultural living, contributing to the vibrant community atmosphere. This trend is supported by the variety of nearby amenities and services that cater to the diverse needs and preferences of the population, enhancing community engagement.
The population's cultural diversity, combined with its socioeconomic mix, creates a unique and dynamic community. The demographic profile indicates that residents value diversity and inclusivity, fostering a dynamic and interactive community environment.
This demographic makeup underscores the appeal of the area surrounding Concorde Park I as a desirable place to live.
Tenancy and Property Type
Concorde Park's diverse tenancy profile is underscored by its range of unit types, including 1-bedroom and larger suites, catering to different family sizes and lifestyles. This diversity in living spaces reflects the varied demographic makeup of the community, with a population of 12,504 in the dissemination area. The average household size of 2.5 individuals further highlights the mix of singles, couples, and families residing in the neighborhood.
The property type at Concorde Park is designed to accommodate this demographic diversity. The availability of different unit sizes guarantees that residents can choose spaces that align with their needs and preferences.
Additionally, the proximity to various amenities such as schools, parks, and grocery stores enhances the appeal of the community to residents from different cultural backgrounds.
The economic diversity within the neighborhood is also notable, with an average individual income of $56,942. This range in economic profiles underscores the inclusivity of Concorde Park, making it an attractive option for a broad spectrum of residents seeking housing that suits their lifestyle and budget.
Average Income
Despite being home to a diverse population of 12,504 residents, the neighborhood surrounding Concorde Park is characterized by an average individual income of $56,942, which reflects a moderate economic profile that supports a range of lifestyles.
This average income level is significant because it influences various aspects of living and investing in the area, including property values and rental rates.
The average household size in the region, which is approximately 2.5 individuals, indicates a mix of family types and living arrangements.
This demographic trend underscores the area's multicultural environment, where diverse cultural backgrounds converge.
The local economy and income levels play an important role in shaping real estate market dynamics. For instance, property values and rental rates are directly impacted by the average income of residents, as it dictates affordability and demand.
Understanding the average income in the neighborhood is essential for both residents and investors, as it provides a clear picture of the economic landscape and aids in making informed decisions about living or investing in Concorde Park.
The average income of $56,942 therefore serves as a foundational metric for analyzing the neighborhood's economic health.
Nearby Schools
Residents of Concorde Park have access to a variety of educational institutions that cater to different needs and preferences. Among the nearest secondary schools are Don Mills Collegiate Institute, Senator O'Connor College School, and Cardinal Carter Academy for the Arts. Each school offers a unique set of opportunities that cater to diverse student interests and academic goals.
Don Mills Collegiate Institute, a public high school, is recognized for its strong academic programs and extensive extracurricular activities, making it a suitable choice for students with varied interests.
Senator O'Connor College School stands out for its specialized programs and a strong focus on arts and athletics, offering a balanced educational experience.
Cardinal Carter Academy for the Arts is a specialized arts school that provides a curriculum centered on various art forms, attracting students with a passion for the arts.
The availability of these schools within a short drive or transit ride enhances the appeal of Concorde Park for families considering housing options in the area.
Community and Building Highlights
Situated in a desirable area with access to a range of educational institutions, the community of Concorde Park I offers more than just proximity to schools – it provides a extensive living experience that balances comfort with convenience. This high-rise condo community, built in 1992, features 439 units spread over 37 floors, offering a variety of sizes ranging from 652 to 1497 square feet. Residents enjoy a thorough list of amenities including a gym, pool, sauna, and parking, which enhance the living experience and provide ample opportunities for leisure and recreation.
Concorde Park I is notable for its high average price per square foot of $741, ranking among the highest-priced condos in the Banbury | Don Mills area. This reflects a year-over-year value increase of 3.0%, making it a valuable investment. The monthly maintenance fees of $470 cover common element maintenance, heat, and building insurance, ensuring the overall upkeep of the community. Additionally, residents benefit from easy access to nearby outdoor spaces such as Greenbelt Park and the Charles Sauriol Conservation Area, as well as convenient public transit and major roadways for commuting.
Conclusion
Concorde Park I stands as a distinguished high-rise condominium at 7 Concorde Place, Toronto, offering 439 units with diverse sizes and an average price of $741 per square foot. Established in 1992, the building provides residents with extensive amenities, including a fitness center, indoor pool, and sauna. Its prime location in the Banbury | Don Mills area guarantees convenient access to outdoor spaces, essential services, and prominent schools, contributing to its appeal among residents from diverse cultural backgrounds.
