Broadway II Residences stands as a demonstration of luxury living in Toronto's Lansing-Westgate community. This 28-storey condominium, completed in 2004, offers a range of thoughtfully designed units and top-tier amenities. With its prime location and diverse neighborhood, residents enjoy a blend of urban convenience and multicultural charm. While the building's features are impressive, questions arise about its long-term value proposition, market trends in the area, and how it compares to newer developments nearby. A closer examination of Broadway II Residences reveals intriguing insights into Toronto's evolving real estate landscape.
Key Facts
Broadway II Residences, a 28-storey condominium completed in 2004, offers 354 units ranging from 489 to 1,087 square feet. This modern residential complex provides a variety of living spaces to accommodate different needs and preferences. The property's average price per square foot is approximately $966.36, reflecting its desirable location and amenities.
For those interested in renting, the average rent price per square foot is $4.40, making it a competitive option in the Toronto real estate market. Monthly maintenance fees for units in Broadway II average around $482.44, covering essential utilities such as air conditioning, hydro, and water. This extensive fee structure simplifies budgeting for residents and guarantees the proper upkeep of shared spaces and services.
Prospective buyers and tenants should note that annual taxes for units in Broadway II Residences are approximately $1,918.87, based on the 2023 assessment. This figure may vary depending on the specific unit and any future reassessments.
The building offers a range of amenities designed to enhance residents' quality of life. These include a well-equipped gym for fitness enthusiasts, a pool for relaxation and exercise, and a sauna for ultimate relaxation. Additionally, the property provides security services to guarantee a safe living environment for all occupants.
Broadway II Residences combines modern living spaces with desirable amenities and a convenient location, making it an attractive option for those seeking a comfortable urban lifestyle in Toronto.
Building Overview
Situated in the vibrant Lansing-Westgate community of North York, Toronto, Broadway II Residences stands as a prominent 28-storey condominium at 155 Beecroft Rd. Completed in 2004 by Menkes Developments, this modern high-rise offers 354 units with suite sizes ranging from 489 to 1087 square feet, accommodating various living preferences and needs.
The building's design prioritizes resident comfort and convenience, featuring an array of sought-after amenities. Occupants have access to a well-equipped gym, a rejuvenating pool, a relaxing sauna, a versatile party room, and guest suites for visiting friends and family. These facilities contribute to a thorough living experience that extends beyond individual units.
Broadway II Residences is strategically positioned to take advantage of North York's excellent transit options. The North York Centre Subway Station is a mere 3-minute walk away, providing seamless connectivity to the greater Toronto area. This prime location enhances the property's appeal for both urban professionals and families seeking convenient city living.
In terms of market position, Broadway II ranks as the 302nd most expensive condominium building in North York. Recent sales data indicates an average price per square foot of $966.36, reflecting its competitive standing in the local real estate market. Maintenance fees for the property cover essential services such as air conditioning, hydro, and water, ensuring a comfortable and worry-free living environment for residents. The building's combination of desirable features, prime location, and competitive pricing makes it an attractive option for those seeking quality condominium living in North York.
Building Amenities
The extensive array of amenities at Broadway II Residences caters to diverse lifestyle needs and preferences. At the heart of the building's offerings is an indoor swimming pool, providing residents with a year-round oasis for relaxation and exercise. This amenity guarantees that residents can enjoy aquatic activities regardless of the weather outside, promoting a healthy and active lifestyle.
Fitness enthusiasts will appreciate the fully-equipped gym and exercise room available on-site. This facility allows residents to maintain their workout routines without the need for external gym memberships, saving both time and money. The inclusion of a sauna further enhances the wellness options, offering a space for relaxation and stress relief after a rigorous workout or a long day.
Broadway II Residences fosters a sense of community through its thoughtfully designed shared spaces. The party room serves as a hub for social gatherings and events, encouraging interaction among residents and providing a venue for celebrations. Additionally, a meeting/function room is available for various needs, from business meetings to club activities.
To guarantee a comfortable and secure living environment, the building offers:
- 24-hour concierge service for safety and assistance
- Guest suites for visiting friends and family
- Indoor swimming pool for year-round enjoyment
- Fully-equipped gym and exercise room for fitness enthusiasts
These amenities collectively contribute to a well-rounded living experience at Broadway II Residences. The combination of fitness facilities, social spaces, and convenience features guarantees that residents have access to a wide range of services and activities without leaving the comfort of their home building.
Maintenance Fees
While offering an impressive array of amenities, Broadway II Residences also requires residents to contribute to the building's upkeep through monthly maintenance fees. These fees are essential for maintaining the high standard of living and comfort that residents enjoy within the complex.
The average monthly maintenance fee at Broadway II Residences is approximately $482.44. This fee covers a range of essential services, including air conditioning, hydro, and water. However, it's important to note that the actual amount may vary depending on the specific unit size and the amenities included. Residents can expect to pay anywhere from $453.79 to $685.32 per month for maintenance.
These fees play a vital role in preserving the building's shared facilities and services. They contribute to the upkeep of popular amenities such as the gym, pool, and sauna, ensuring that these spaces remain in excellent condition for all residents to enjoy. Additionally, the fees support the 24-hour concierge service, which provides enhanced security and convenience for the building's occupants.
Beyond the monthly maintenance fees, residents should also factor in annual property taxes, which average around $1,918.87. This additional cost is separate from the maintenance fees but is an important consideration when budgeting for living expenses at Broadway II Residences.
Explore Neighborhood
Broadway II Residences is nestled in the heart of Lansing-Westgate, a vibrant community that offers a unique blend of convenience, entertainment, and natural beauty. This North York neighborhood is known for its bustling atmosphere, with the Yonge and Sheppard intersection just a short walk away. Residents of Broadway II Residences can enjoy a variety of dining options, including Tim Hortons and Moxies Grill & Bar, as well as grocery shopping at M2M – Morning to Midnight.
The area is also rich in entertainment facilities, with Cineplex Cinemas and the Toronto Centre for the Arts providing a range of cultural experiences. For those who enjoy outdoor activities, Mel Lastman Square and Beecroft Park offer scenic spaces for leisure and community events.
Key Neighborhood Highlights:
- Diverse Dining Options: Enjoy a range of restaurants and cafes, including Tim Hortons and Moxies Grill & Bar.
- Grocery Shopping: Convenient access to grocery shopping at M2M – Morning to Midnight.
- Entertainment Facilities: Cineplex Cinemas and the Toronto Centre for the Arts offer a variety of cultural experiences.
- Public Spaces: Mel Lastman Square and Beecroft Park provide outdoor spaces for leisure activities and community events.
Excellent transit accessibility is another hallmark of the neighborhood, with the North York Centre Subway station just a 3-minute walk away and convenient access to major roadways like HWY 401. This makes Broadway II Residences an ideal choice for those seeking a vibrant and connected lifestyle.
Diverse Multicultural Community Makeup
The Lansing-Westgate neighborhood, home to Broadway II Residences, boasts a diverse population with a mix of residents including families, young professionals, and seniors from various cultural backgrounds. This diversity is reflected in the local amenities and educational institutions, catering to a wide range of preferences and needs. The area's multicultural makeup contributes to a vibrant community atmosphere, with local parks and community events often hosting festivals and activities that celebrate different cultural heritages.
Population
Nestled in the heart of the Lansing-Westgate community, the Broadway II Residences at 155 Beecroft Rd are situated in an area renowned for its diverse and multicultural demographic. This vibrant community is home to a mix of cultures, with residents representing various ethnic backgrounds, contributing to a rich community tapestry.
- Diverse Community Makeup: The area is known for its multicultural residents, fostering a diverse and inclusive environment.
- Amenities: Local amenities, including international dining options and cultural centers, reflect this diversity and cater to a wide range of preferences.
- Educational Institutions: The proximity to educational institutions, such as UMC North York Centre and ELPIS College, attracts families from different cultural backgrounds.
- Community Events: Community events and gatherings often celebrate multiculturalism, enhancing social connections among residents of different heritages.
This diverse population creates a unique and dynamic living environment, making the Broadway II Residences an attractive choice for those seeking a multicultural community.
Tenancy and Property Type
Located within the diverse and multicultural Lansing-Westgate community, the tenancy and property type of Broadway II Residences at 155 Beecroft Rd reflect the area's eclectic mix of cultures and lifestyles. The building comprises 354 residential units, accommodating a variety of tenants with different backgrounds and lifestyles. This diversity is further enhanced by the presence of nearby educational institutions such as UMC North York Centre and ELPIS College, which cater to a multicultural student population.
The property offers a mix of 1-bedroom and 2-bedroom units, attracting a range of tenants from young professionals to families. This variety contributes to a vibrant community atmosphere, where residents can enjoy diverse culinary experiences thanks to the proximity of dining options like Tim Hortons and Pho Mine. The multicultural makeup of the community is mirrored in the tenancy and property type of Broadway II Residences, making it an ideal residence for those seeking a diverse and inclusive living environment.
Average Income
The Lansing-Westgate community, home to Broadway II Residences, boasts a diverse multicultural makeup, with a significant immigrant population contributing to the local culture and economy. This diversity is reflected in the area's average household income, which stands at approximately $80,000. This figure represents a mix of professionals and families from various backgrounds, contributing to the local economy through a range of ethnic businesses and services.
Key aspects of the Lansing-Westgate community include:
- Multicultural Residents: A significant immigrant population enriches the local culture and economy.
- Economic Diversity: The area supports a variety of ethnic businesses and services, catering to the diverse needs of its residents.
- Educational Institutions: Nearby schools serve a diverse student body, further enhancing the multicultural environment and contributing to the local economy.
- Accessibility: Access to public transportation and amenities attracts residents from various income levels, fostering a vibrant and inclusive community.
Nearby Schools
Situated in the heart of North York, Broadway II Residences offers families unparalleled access to a diverse range of educational institutions. The area is home to several highly regarded schools that cater to various educational needs, making it an ideal location for families seeking quality education for their children.
Among the nearby educational institutions are UMC North York Centre and ELPIS College Toronto, both located just 0.34 km away from Broadway II Residences. These private schools provide extensive education for students in grades 9-12, offering a variety of academic and extracurricular programs. Similarly, McDonald International Academy – North York, situated 0.35 km away, provides private schooling for students in the same grade range.
For families looking for arts-focused education, Cardinal Carter Academy for the Arts, a Catholic school for grades 7-12, is conveniently located 0.37 km from Broadway II Residences. Additionally, Claude Watson School for the Arts, a public institution serving grades 1-8, is approximately 0.4 km away and emphasizes arts education, providing a balanced curriculum that includes music, dance, and visual arts.
The proximity of these schools to Broadway II Residences makes it an attractive option for families who value accessible education. The variety of educational institutions in the area guarantees that families can find a school that suits their children's needs and interests, making the community around Broadway II Residences an ideal place to raise a family.
Luxury High-Rise Condo Development
Beyond its prime educational surroundings, Broadway II Residences stands as a tribute to luxury high-rise living in North York. Completed in 2004 by Menkes Developments, this 28-storey condominium at 155 Beecroft Road offers 354 units of sophisticated urban living. With suite sizes ranging from 489 to 1087 square feet, the development caters to diverse lifestyle needs while maintaining an air of exclusivity.
As the 302nd most expensive condo building in North York, Broadway II boasts a price per square foot of $966.36, reflecting its position in the luxury market. Despite a slight year-over-year decrease of 1.3% in condo values, the building continues to attract discerning residents seeking a premium living experience.
The development's commitment to luxury is evident in its array of high-end amenities, designed to enhance residents' quality of life:
- State-of-the-art gym for fitness enthusiasts
- Indoor pool and sauna for relaxation and wellness
- Party room for social gatherings and entertainment
- Guest suites for visiting friends and family
Security is a top priority at Broadway II, with 24-hour guard service ensuring residents' peace of mind. This attention to safety, combined with the building's upscale features and prime location, solidifies Broadway II Residences as a standout option in North York's luxury condo market. The development's blend of spacious units, top-tier amenities, and strategic positioning continues to appeal to those seeking an elevated urban lifestyle in Toronto's dynamic northern district.
