Platinum, a towering presence at 23 Hollywood Ave in Toronto, exemplifies modern urban living in the heart of Willowdale East. This 36-story condominium, completed in 2005, offers a range of living spaces and amenities that cater to diverse lifestyles. While its sleek design and extensive facilities are certainly appealing, the true allure of Platinum lies in its strategic location. Nestled in a vibrant neighborhood, residents find themselves at the nexus of convenience and culture. But what exactly makes this address so desirable, and how does it compare to other urban living options in Toronto?
Key Facts
Soaring 36 stories above Toronto's Willowdale East neighborhood, Platinum at 23 Hollywood Ave stands as a tribute to modern urban living. Developed by The Conservatory Group in 2005, this condominium building offers 342 residential units, catering to a diverse range of lifestyles and preferences.
The suite sizes at Platinum vary from compact 586 square foot studios to spacious 1,570 square foot three-bedroom plus den configurations. This variety accommodates different living arrangements, from singles to growing families. With an average price per square foot of $879.61, Platinum ranks as the 144th most expensive condo in the North York area, offering a balance of luxury and value.
Platinum's appeal extends beyond its living spaces, boasting an array of amenities designed to enhance residents' quality of life. The building features a well-equipped gym, indoor pool, party room, and sauna, while concierge services provide added convenience. Monthly maintenance fees cover essential utilities including heat, hydro, and water, simplifying residents' living expenses.
Location is a key selling point for Platinum. Situated in the heart of Willowdale East, residents enjoy easy access to local amenities such as grocery stores, dining options, and parks. The building's proximity to public transit, particularly its short walking distance to North York Centre Station, guarantees seamless connectivity to the rest of Toronto.
Building Overview
Elegance meets functionality at Platinum, a striking 36-story condominium tower located at 23 Hollywood Ave in Toronto's Willowdale East neighborhood. Developed by The Conservatory Group in 2005, this impressive structure stands as a reflection of modern urban living, offering 342 units designed to cater to diverse lifestyle needs.
The building's suite sizes range from 586 to 1,570 square feet, providing options for both compact city living and more spacious accommodations. This variety guarantees that Platinum can appeal to a wide array of potential residents, from young professionals to growing families. With an average price of $879.61 per square foot, Platinum positions itself as a competitive option in the North York real estate market, ranking as the 144th most expensive condominium in the area.
Platinum's commitment to resident comfort is evident in its all-encompassing amenities package. The building features essential facilities such as a well-equipped gym and a swimming pool, promoting an active and healthy lifestyle. For social gatherings and events, a party room is available to residents. Security and convenience are prioritized through the provision of concierge and security services, guaranteeing peace of mind for occupants.
One of the key advantages of living at Platinum is the inclusion of essential utilities in the monthly maintenance fees. Heat, hydro, and water are covered, simplifying budgeting for residents and contributing to the overall convenience of condominium living. This all-inclusive approach to utilities management aligns with the building's focus on providing a hassle-free living experience for its diverse community of residents.
Building Amenities
The array of amenities at Platinum caters to residents' diverse needs, promoting a balanced and enjoyable lifestyle. At the heart of the building's offerings is a well-equipped gym and exercise room, providing residents with convenient access to fitness facilities without leaving the premises. This amenity encourages regular physical activity and supports a healthy lifestyle for those living in the building.
For those who prefer aquatic exercise or relaxation, the indoor swimming pool offers a perfect retreat. This feature allows residents to enjoy water-based activities year-round, regardless of external weather conditions. The pool area likely serves as a social hub and a place for leisure, contributing to the overall well-being of the building's occupants.
Social interactions are further facilitated by the presence of a party room. This space is ideal for hosting gatherings, celebrations, and community events, fostering a sense of community among residents. The availability of such a dedicated area enhances the social fabric of the building and provides a convenient venue for various occasions.
Safety and convenience are prioritized through the provision of concierge and security guard services. These on-site personnel guarantee round-the-clock security and assist residents with various needs, contributing to a sense of safety and comfort within the building.
Additional amenities further elevate the living experience at Platinum. Guest suites offer a convenient solution for visiting friends and family, while the sauna provides a space for relaxation and rejuvenation. Elevators facilitate easy access to all floors, catering to residents' mobility needs and enhancing overall convenience.
Maintenance Fees
Maintenance fees at Platinum, 23 Hollywood Ave, encompass an extensive package of essential utilities and services. These fees cover vital utilities such as heat, hydro, and water, providing residents with predictable monthly costs and eliminating the need for separate utility bills. This thorough approach to maintenance fees reflects the high standard of living offered at Platinum.
The building's maintenance fees are designed to support a wide array of amenities and services, including:
- Common area upkeep and maintenance
- Operation of facilities such as the gym and pool
- Concierge services for resident convenience and security
While the average maintenance fees at Platinum may be higher compared to some other condominiums, they are justified by the extensive amenities and services provided. These fees contribute to a well-maintained and secure living environment, enhancing the overall quality of life for residents.
It's important to note that maintenance fees can vary based on individual suite sizes and specific amenities utilized. This variation is consistent with trends observed in similar buildings in the area. Prospective buyers and residents should factor in these fees when evaluating the total cost of ownership or occupancy.
In addition to monthly maintenance fees, property owners at Platinum should be aware of annual property taxes. These taxes typically range from approximately $2,200 to $3,400, depending on the unit's size and value. It's essential to take into account both maintenance fees and property taxes when evaluating the financial aspects of living at Platinum, 23 Hollywood Ave.
Explore Neighborhood
How does one describe the perfect blend of urban convenience and natural beauty? The neighborhood surrounding 23 Hollywood Ave in Willowdale East embodies this ideal. This vibrant community offers a mix of residential and commercial properties, enhancing community life for residents of Platinum condos.
The area is rich in amenities, providing a variety of dining options such as Tim Hortons and Shawarma Max. Entertainment venues like Cineplex Cinemas and Empire Theatres are also within walking distance, offering a diverse range of activities for residents. For those who enjoy outdoor activities, several parks including Mel Lastman Square and Willowdale Park offer green spaces for relaxation and recreation.
Convenience is also a key feature of this neighborhood, with easy access to public transportation. North York Centre Station and various bus stops are just a short walk away, making it simple for residents to commute to other parts of the city. Families with school-age children benefit from the presence of educational institutions such as Claude Watson School for the Arts and Earl Haig Secondary School.
This blend of urban amenities and natural beauty makes the neighborhood around 23 Hollywood Ave an attractive choice for a wide range of residents. Whether it's the convenience of public transportation, the variety of dining options, or the green spaces, this community offers something for everyone.
Age Distribution of Residents
The Platinum building at 23 Hollywood Ave is home to a diverse demographic, with a population of 32,007 residents. The average household size is three persons, and the average individual income is $57,784, indicating a mix of young professionals, families, and retirees. The average household income is $98,978, further highlighting the economic diversity within the community.
Population
The population of Willowdale East, where 23 Hollywood Ave is situated, comprises approximately 32,007 residents. This neighborhood is characterized by a diverse demographic, with an average individual income of around $57,784. The area has a mix of households, with an average household size of approximately 200 to 400 households per dissemination area.
Key population statistics for Willowdale East include:
- Population: 32,007 residents
- Average Individual Income: $57,784
- Average Household Size: 200 to 400 households per dissemination area
The community exhibits a competitive real estate market, with an average chance of receiving multiple offers on properties due to demand. Residents typically have an average ownership duration of 5.3 years, reflecting stability in the community. These statistics provide an extensive overview of the population dynamics in Willowdale East, highlighting its diverse and stable nature.
Tenancy and Property Type
The tenancy and property type at 23 Hollywood Ave, home to the Platinum condos, reflect a diverse and stable resident base. With an average ownership duration of 5.3 years, residents tend to stay in the building for a considerable period, indicating a sense of community and stability. The building accommodates a mix of residents, including young professionals and families, due to its diverse suite types ranging from studios to three-bedroom units.
The surrounding Willowdale East area has an average individual income of approximately $57,784, suggesting a demographic of mid to higher-income residents[FACTS]. The neighborhood's population density of around 32,007 contributes to a vibrant community with various social dynamics, making it an attractive location for residents seeking a dynamic urban environment[FACTS]. The community-oriented environment, with approximately 200 to 400 households per dissemination area, enhances tenant interactions within the building, fostering a sense of community among residents[FACTS]. This blend of stability, diversity, and community makes Platinum at 23 Hollywood Ave a desirable residential choice.
Average Income
Given the diverse suite types and amenities offered by Platinum at 23 Hollywood Ave, it is reasonable to infer that the average individual income in the surrounding area, which is approximately $57,784, supports a mid to higher-income demographic. This income level is consistent with the range of housing options available, from studios to three-bedroom plus den units, catering to a variety of financial capacities.
The area's demographic profile suggests a vibrant community with a diverse age distribution, which contributes to the local real estate market's robust demand. This is reflected in the competitive nature of property listings in the area.
Key Points:
- Average Individual Income: The average individual income in the area is $57,784, indicating a mid to higher-income demographic.
- Population: The population of Willowdale East is approximately 32,007 residents, contributing to a dynamic and diverse community.
- Household Size: The average household size in the dissemination area ranges from 200 to 400 households, suggesting a mix of family sizes and residential needs.
Nearby Schools
Situated in the heart of Willowdale, 23 Hollywood Avenue benefits from its proximity to a diverse range of educational institutions, making it an ideal location for families. One of the notable institutions nearby is the Claude Watson School for the Arts, a public school dedicated to providing an enriched arts education for students in grades 4-8. Located just 0.13 km away, this school offers a unique program that focuses on music, drama, dance, and visual arts, alongside traditional academic subjects.
Another nearby educational institution is the Cardinal Carter Academy for the Arts, a Catholic school that caters to students in grades 7-12. Situated 0.2 km from 23 Hollywood Avenue, this school provides a thorough arts program, offering students a variety of artistic disciplines. In addition, ELPIS College Toronto, a private high school for grades 9-12, is within a 0.22 km distance, offering an alternative educational option for families.
Additionally, Earl Haig Secondary School, a public high school for grades 9-12, is located approximately 0.58 km from the property. This school provides a wide range of academic and extracurricular programs, making it a valuable resource for families with older children. The proximity of these educational institutions makes 23 Hollywood Avenue an attractive location for families with school-aged children, providing them with a variety of educational options to suit their needs and preferences.
Modern Urban Living Hub
Platinum at 23 Hollywood Ave exemplifies modern urban living, offering a sophisticated residential experience in the heart of Willowdale East. Developed in 2005, this 36-story residential building features 342 contemporary condo units ranging from 586 to 1,570 square feet. The average price per square foot of approximately $879.61 reflects the high demand and quality of living in this prime location.
Residents of Platinum enjoy a thorough suite of modern amenities designed to enhance their urban lifestyle:
- Fitness and wellness facilities, including a gym, indoor pool, and sauna
- Social spaces such as a party room for entertaining guests
- 24-hour concierge and security services for peace of mind
The building's strategic location in Willowdale East provides easy access to a diverse array of dining options, entertainment venues, and parks. This proximity to urban conveniences makes Platinum an ideal hub for those seeking a dynamic city lifestyle. Additionally, the property's excellent connectivity to public transportation, with Sheppard-Yonge Station just a 5-minute walk away, guarantees seamless travel to downtown Toronto and surrounding neighborhoods.
Platinum at 23 Hollywood Ave stands as a symbol of modern urban living, offering residents a perfect balance of luxury, convenience, and connectivity. Its contemporary design, coupled with a range of amenities and prime location, creates an environment that caters to the needs and desires of today's urban dwellers. For those seeking a sophisticated living experience in Toronto, Platinum represents an excellent choice in the thriving Willowdale East community.
