Beacon Condos at 5180 Yonge St in Toronto stand as a demonstration of modern urban living, embodying both convenience and style. Completed in 2019, this 35-story high-rise, designed by Wallman Architects, offers residents a fusion of sophisticated design and practical amenities. While the stylish interiors and energy-efficient systems cater to contemporary needs, the building's strategic location in the vibrant Willowdale neighborhood places residents at the heart of a culturally rich community. As we explore the intriguing intersection of architecture and lifestyle that Beacon Condos presents, one question remains—how does this development shape the urban experience?
Key Facts
Although completed just a few years ago in 2019, Beacon Condos at 5180 Yonge St, North York, Toronto, has quickly become a notable development by Sorbara Development Group. This high-rise condominium comprises 35 levels, offering a total of 374 residential units. Suite sizes range from a compact 487 square feet to a more spacious 1346 square feet, catering to diverse preferences and needs of urban dwellers.
Residents benefit from an average monthly maintenance fee of approximately $437. This fee covers essential services, including the maintenance of common elements, building insurance, and water, ensuring a well-maintained living environment.
The current real estate market for Beacon Condos indicates a steady flow of activity, with seven condos listed for sale, priced between $699,900 and $799,000. Additionally, there are eight units available for rent, illustrating the property's appeal to both potential homeowners and tenants.
The condo's average price per square foot stands at $1199, reflecting a slight year-over-year value change of -1.5%. This metric provides valuable insight into the investment potential of Beacon Condos, balancing its modern urban appeal with realistic market dynamics.
Modern Architecture and Design
Beacon Condos not only stands out for its strategic real estate offerings and market dynamics but also for its remarkable modern architecture and design. Rising elegantly as a 35-storey structure, Beacon Condos enhances the skyline of North York, Toronto, with its sleek and contemporary profile. Developed by the esteemed Sorbara Development Group, the building reflects a commitment to innovative architectural practices and aesthetic excellence.
Designed by the acclaimed Wallman Architects, the architectural framework of Beacon Condos integrates a high-performance thermal envelope. This thoughtful inclusion minimizes solar gain and heat loss, thereby promoting energy efficiency and sustainability. Such forward-thinking design elements guarantee the building not only looks modern but functions efficiently.
The interior design of the suites echoes the exterior's contemporary ethos. With soaring 9-foot ceilings and a choice of plank pre-finished laminate flooring, the living spaces are both spacious and stylish.
The kitchens are a demonstration of modern design principles, featuring designer cabinetry, quartz countertops, and high-quality appliances. This fusion of functionality and style guarantees residents enjoy both comfort and luxury, resonating with the overall architectural vision of Beacon Condos as a paragon of modern urban living.
Building Amenities
At Beacon Condos, residents are offered an array of thoughtfully designed amenities that cater to a modern urban lifestyle. The development includes a fully equipped gym, ideal for maintaining fitness routines without leaving the comfort of home.
For social gatherings and events, a spacious party room and a versatile games room are available, providing ample space for entertainment and relaxation.
A standout feature is the rooftop deck, which offers a serene escape for relaxation and social gatherings, enhancing the community atmosphere and providing stunning views of the cityscape. The visitor lounge adds another layer of convenience, offering a welcoming space for guests.
Security is a priority at Beacon Condos, with extensive measures such as 24-hour concierge services and security ensuring peace of mind for all residents.
For added convenience, the building includes amenities like visitor parking and a media room, offering entertainment options for residents and their guests.
These facilities reflect the commitment to providing a blend of comfort and practicality, making Beacon Condos an attractive choice for those seeking a vibrant urban living experience in the heart of Toronto.
Maintenance Fees
Understanding the maintenance fees at Beacon Condos is essential for prospective residents considering this vibrant urban community. With an average monthly cost of approximately $437, these fees are integral to ensuring that the building and its amenities remain in top condition.
The maintenance fees at Beacon Condos cover a range of essential services, including common element maintenance, building insurance, and water.
The cost per square foot, averaging at $4.51, aligns with the broader rental market, making it a competitive option for those seeking a modern and well-maintained living space in Toronto.
These fees are not only a vital part of the day-to-day operations but also play a significant role in the upkeep and smooth functioning of the building's amenities. This includes facilities such as the gym, party room, and visitor lounge, which are designed to enhance the residents' living experience.
Investing in these fees is a commitment to maintaining the quality and appearance of the property, ensuring a pleasant and comfortable environment for all who reside at Beacon Condos.
This proactive approach to property management helps sustain the value and appeal of the condominium community.
Explore Neighborhood
Venturing into the heart of Willowdale West reveals a dynamic neighborhood brimming with amenities and attractions, perfectly encapsulating the urban charm that Beacon Condos residents can enjoy.
The area is dotted with popular dining options such as Sichuan Ren, Boston Pizza, and Pho 88, all within a short walking distance. This guarantees that residents have a variety of culinary choices right at their doorstep.
Beyond the gastronomic delights, essential services are conveniently accessible. A Metro grocery store is just a 4-minute walk away, catering to daily shopping needs. Financial services are also nearby with banks like CIBC and HSBC, providing residents with extensive banking solutions.
The neighborhood also boasts green spaces like Willowdale Park and McKenzie John Parkette, offering residents recreational opportunities within a 4-minute walk.
Cultural landmarks such as the Gibson House Museum add to the area's richness, providing indoor activities and a glimpse into local history.
Additionally, the neighborhood is well-connected by public transit, with a bus stop at Yonge St at Norton Ave and North York Centre subway station nearby, making commuting easy and efficient.
Cultural Diversity Overview
The Beacon Condos at 5180 Yonge St are situated within a culturally diverse neighborhood in Toronto's Willowdale area, characterized by a mix of ethnicities and backgrounds that enrich the community.
This cultural richness is reflected in the local demographics, with a population that embodies various tenancy types and property ownership, contributing to a vibrant living environment.
The average income in the area varies, influenced by the diverse range of occupations and professions represented among the residents.
Population
Living in the heart of Willowdale West, residents of Beacon Condos experience a culturally vibrant and diverse community. The dissemination area surrounding Beacon Condos is home to approximately 32,007 individuals, embodying a diverse population. This demographic mix contributes to a rich tapestry of cultures and lifestyles, fostering an inclusive and dynamic environment.
The average individual income in this area is $57,784, highlighting a blend of socioeconomic backgrounds. This diversity is further reflected in the average household size, which stands at 2.5 individuals. This figure suggests a mix of family homes and single-person households, catering to a variety of living preferences.
The cultural diversity prevalent in the area is characterized by the presence of various ethnicities among residents. These diverse backgrounds contribute to a lively and engaging community atmosphere.
Additionally, the demographic turnover rate indicates an average ownership duration of 5.5 years. This stability within the population allows for new residents to integrate while maintaining a sense of continuity, thereby facilitating cultural exchange and community growth.
Tenancy and Property Type
Building on the demographic insights provided in the previous section, the cultural diversity in the Willowdale West neighborhood around Beacon Condos is further reflected in its tenancy and property types.
The area boasts a mix of residential units, with Beacon Condos itself offering various configurations including 1 Bedroom+den, 1 Bedroom, 2 Bedroom 2 Bathroom, and 2 Bedroom 1 Bathroom units. These diverse housing options cater to a wide range of residents, from individuals to families, aligning with the average household size of 2.5 individuals in the area.
The competitive real estate market in the vicinity indicates a stable residential environment, with an average turnover of units at 5.5 years. This stability suggests a community where residents can establish long-term roots, contributing to cultural continuity.
The property types available support a blend of shared living arrangements and family dwellings, which is reflective of the mixed economic demographics and the diverse cultural backgrounds present in the area. This variety in tenancy and property types enriches the cultural tapestry of the neighborhood, making it a vibrant and inclusive place to live.
Average Income
In dissecting the economic fabric of the Willowdale West neighborhood surrounding Beacon Condos, it becomes clear that the average individual income plays a pivotal role in shaping the cultural diversity of the area. The average individual income in this dissemination area is approximately $57,784. This figure provides insight into the financial capabilities and lifestyle choices of residents, complemented by the diverse community of 32,007 individuals.
The neighborhood's average household size of 2.5 individuals underscores a family-oriented living environment, which is reinforced by the local real estate dynamics. The area exhibits a competitive market with an average turnover of units at 5.5 years of ownership. This is indicative of a stable yet active community that values long-term residency.
Cultural diversity is further enhanced by the variety of dining and grocery options available. The neighborhood caters to different tastes and backgrounds, reflecting the diverse preferences of its residents.
The interplay between average income, household size, and local amenities highlights a vibrant and inclusive community that spans various economic and cultural segments. The economic data suggests a balanced and thriving community that supports a wide range of lifestyles.
Nearby Schools
For older children, Willowdale Middle School and Cummer Valley Middle School are accessible within a short commute.
These public schools are part of the Toronto District School Board, which provides a range of educational resources and programs.
This family-friendly environment, with multiple educational facilities in the surrounding neighborhoods, makes Beacon Condos an ideal choice for families seeking a balanced lifestyle with easy access to quality education.
The diverse educational options nearby guarantee that residents have ample choices to suit their children's educational needs.
Vibrant Resident Engagement Activities
Residents of Beacon Condos enjoy a thorough living experience that extends beyond the convenience of nearby educational facilities, offering a variety of spaces and activities designed to foster vibrant community engagement.
The building features a planned party room, games room, and gym, providing residents with ample spaces for social gatherings and fitness activities. These amenities are designed to promote resident interaction and engagement in a welcoming environment.
The average days on the market for sales at Beacon Condos is 28 days, indicating a vibrant and engaged community as units are actively sought after. This dynamic atmosphere is further enhanced by the proximity to local parks such as Willowdale Park and McKenzie John Parkette, which serve as venues for community events and outdoor activities.
Residents are encouraged to participate in community events, with an average rent price of $4.51 per square foot that emphasizes the value of living in a connected community.
The building's rooftop deck and visitor lounge are additional spaces that contribute to the vibrant resident engagement activities at Beacon Condos, creating an all-encompassing living experience that goes beyond mere convenience.
Conclusion
Beacon Condos at 5180 Yonge St, Toronto, exemplifies modern urban living with its striking architectural design and luxurious interiors. The building's extensive amenities, including a gym, party room, and rooftop deck, enhance the residential experience, while 24-hour concierge service guarantees security and convenience. Situated in the vibrant Willowdale neighborhood, the condos offer easy access to diverse cultural experiences, dining, shopping, and public transit. The surrounding area is enriched by nearby educational institutions and active community engagement.
