The Imperial I, situated at 256 Doris Ave in North York, Toronto, stands as a symbol of modern urban living. This 20-story high-rise condominium, completed in 1998, offers a blend of comfort and convenience that has attracted a diverse community of residents. With its prime location and array of amenities, the building has become a sought-after address in the area. However, as with any residential property, potential buyers and renters may wonder about the true value proposition of calling The Imperial I home. What lies beneath the surface of this seemingly ideal urban dwelling?
Key Facts
The Imperial I, a prominent condominium complex in North York, Toronto, stands as a remarkable residential development at 256 Doris Ave. Completed in 1998, this 20-story building offers 188 units, catering to a diverse range of homeowners and investors. The property's design and amenities reflect the standards of late 1990s urban living, providing residents with a comfortable and convenient lifestyle.
Unit sizes at The Imperial I vary considerably, ranging from 615 to 1,223 square feet, accommodating different household needs and preferences. The average price per square foot is approximately $796, positioning the complex competitively within the North York real estate market. Maintenance fees for the condos span from $763 to $1,406, covering essential services such as heat, hydro, water, and building insurance, ensuring a thorough package for residents.
Property taxes for units in The Imperial I for the year 2023 range from $2,405 to $3,230, with variations based on unit size and specific location within the building. This tax structure reflects the property's value and its position within the broader Toronto real estate landscape.
Recent market trends indicate that condos in The Imperial I spend an average of 34 days on the market before selling. However, it's worth noting that the complex has experienced a year-over-year decrease in condo values of 3.1%, a factor that potential buyers and investors should consider when evaluating opportunities in this development. This trend may reflect broader market conditions or specific factors affecting the North York area.
Building Overview
Standing tall at 256 Doris Avenue in Willowdale East, North York, The Imperial I offers a sophisticated living experience for its residents. This high-rise condominium, constructed in 1998 by Misty Manor Developments Inc., boasts 20 stories and houses 188 residential units. The building's design caters to diverse living preferences, with suite sizes ranging from 615 to 1,223 square feet, accommodating various household needs.
The Imperial I prioritizes resident comfort and security through its extensive amenities package. A 24-hour concierge service guarantees prompt assistance, while round-the-clock security measures provide peace of mind. For health-conscious residents, the on-site gym and sauna offer convenient wellness options. The inclusion of a parking garage adds to the convenience for vehicle owners.
Maintenance fees at The Imperial I range from $763 to $1,406, covering essential services such as heat, hydro, and water. This all-inclusive approach simplifies residents' utility management, contributing to a hassle-free living experience. The building's well-maintained common areas further enhance its appeal, creating a welcoming atmosphere for residents and visitors alike.
Situated in a vibrant community, The Imperial I benefits from its strategic location. The diverse demographic makeup of the area, coupled with easy access to public transportation and local amenities, makes it an attractive option for a wide range of potential residents. This combination of modern living spaces, extensive amenities, and a prime location solidifies The Imperial I's position as a desirable residential option in North York, Toronto.
Building Amenities
Numerous amenities at The Imperial I cater to residents' diverse needs and lifestyles. The building boasts a well-equipped gym, sauna, and recreation room, providing ample opportunities for fitness enthusiasts and those seeking relaxation. These facilities offer a convenient way for residents to maintain their health and well-being without leaving the comfort of their home environment.
The Imperial I prioritizes resident convenience and security through its thorough amenities:
- Concierge services
- 24-hour security
- Accessible parking garage
The concierge services enhance the living experience by assisting residents with various tasks and inquiries, ensuring a welcoming and efficient atmosphere. The round-the-clock security measures provide peace of mind, allowing residents to feel safe and protected within their living space. The parking garage offers secure and convenient options for vehicle storage, a valuable asset in a high-rise structure.
Well-maintained common areas and facilities contribute considerably to the overall aesthetic and functionality of the building's amenities. These shared spaces are designed to foster a sense of community among residents while maintaining a high standard of cleanliness and upkeep. The attention to detail in these areas reflects the building's commitment to providing a premium living experience.
Maintenance Fees
Residents at The Imperial I should be aware of the maintenance fees associated with living in this condominium complex. These fees range from $763 to $1,406 per month, depending on the size and type of unit. The variation in fees reflects the diverse range of units available within the building, each with its own specific maintenance requirements.
The maintenance fees at The Imperial I are calculated at approximately $1.17 per square foot, which is considerably higher than the city average of $0.67 per square foot. This premium reflects the extensive services and amenities provided to residents. The fees typically cover essential services such as heat, hydro, water, and building insurance, ensuring that residents' basic utilities and property protection are included in their monthly payments.
In addition to maintenance fees, property owners at The Imperial I should factor in annual property taxes, which in 2023 range from $2,405 to $3,230. These taxes vary based on factors such as unit size and assessed value.
It's important for potential buyers and current residents to understand that the total cost of ownership extends beyond the purchase price or rent. The combination of maintenance fees and property taxes can greatly impact the overall affordability of living at The Imperial I. Prospective residents should carefully consider these ongoing costs when evaluating their housing options.
Factors that can influence the maintenance fees and taxes for individual units include size, recent upgrades, and specific amenities included in the maintenance plan. Potential buyers are advised to review the detailed breakdown of fees and services provided by the condominium corporation before making a purchase decision.
Explore Neighborhood
The Imperial I is situated in the heart of Willowdale East, a vibrant community characterized by its diverse demographics and convenient access to a variety of amenities. This neighborhood offers an ideal blend of urban convenience and suburban tranquility, making it a sought-after destination for residents seeking a balanced lifestyle.
Residents of The Imperial I enjoy easy access to a range of local amenities, including grocery stores and restaurants, making daily routines efficient and convenient. The area is also enriched by cultural attractions such as the GallerySunami and Gibson House Museum, providing a rich local community experience for both residents and visitors.
Here are three key highlights of the neighborhood:
- Educational Institutions: The area is served by reputable schools such as Earl Haig Secondary School and McKee Public School, making it an attractive choice for families.
- Parks and Green Spaces: Nearby parks like McKenzie John Parkette and Ring Road Linear Park offer residents ample green space for outdoor activities, enhancing the quality of life.
- Public Transport: With a walk score of 95, the neighborhood boasts excellent accessibility to public transport, with the nearest light transit stop just minutes away, ensuring seamless connectivity to the rest of the city.
Age Distribution of Residents
The Imperial I, located at 256 Doris Ave, Toronto, ON M2N 6X8, is situated in a diverse neighborhood with a notable age distribution. The average age of residents in the Willowdale East area is approximately 40 years, with a significant percentage of residents aged 30 to 49, making up about 30% of the community. This demographic mix includes young adults, families with school-aged children, and seniors, contributing to a vibrant and dynamic community.
Population
To understand the population dynamics surrounding The Imperial I at 256 Doris Ave, Toronto, one must take into account the broader demographic context of the area. The dissemination area surrounding this location is home to approximately 32,007 residents, indicating a substantial local population. This community is characterized by an average household size of 2.5 individuals, suggesting a mix of families and individuals.
Key demographic points to take into account:
- Diverse Age Distribution: The area likely has a significant number of residents within working-age groups.
- Average Individual Income: The average individual income in the area is $57,784, which can influence the age and economic status of the residents.
- Stable Demand: There is a low chance of multiple offers on units, reflecting a stable demand among the local population.
This demographic profile suggests that The Imperial I is situated within a densely populated area with a diverse age distribution and stable economic conditions. The average household size and individual income levels indicate a community that is economically active, with a mix of families and individuals contributing to a stable demand for housing.
Tenancy and Property Type
The demographic profile of The Imperial I at 256 Doris Ave, Toronto, reveals a diverse age distribution among residents, contributing to a vibrant community atmosphere. This diversity is reflected in the average household size of 2.5, which suggests a mix of families and individuals residing in the condos. The average unit ownership duration of approximately 4.8 years indicates moderate turnover and stability among residents, further enhancing the community's dynamic.
The population in the dissemination area around The Imperial I is 32,007, reflecting a strong community presence. This population density likely influences the tenant profile and rental market dynamics, particularly with an average individual income of $57,784. The age distribution and income levels of residents can impact the types of tenancy and property types in demand. Understanding these demographics is essential for tailoring property management and development strategies to meet the needs of the community. By analyzing these factors, developers and property managers can create a more inclusive and vibrant living environment that caters to the diverse needs of The Imperial I's residents.
Average Income
The average individual income in the dissemination area surrounding The Imperial I is approximately $57,784, reflecting a stable economic environment with low levels of income inequality compared to other regions in North York. This average income supports a diverse community with an average household size of 2.5 members, comprised of both young professionals and families, contributing to the neighborhood's vibrancy.
Key demographics in the area include:
- Population: The total population in the vicinity is around 32,007.
- Household Size: The average household size is 2.5 members.
- Income Inequality: The area is characterized by low levels of income inequality.
These demographics indicate that the area around The Imperial I enjoys a balanced economic profile, which supports a variety of local services and amenities tailored to different age groups.
Nearby Schools
The vicinity of The Imperial I at 256 Doris Ave, Toronto, ON M2N 6X8, offers a diverse range of educational institutions, catering to various needs and age groups. For families with younger children, McKee Public School is conveniently located just 0.32 km away, providing accessible early education from grades JK-5.
For secondary education, residents have multiple options. Oxford College of Canada, a private institution, is situated merely 0.06 km from the property, offering specialized education for grades 9-12. Similarly, McDonald International Academy – North York, another private school, is located 0.39 km away, catering to the same grade levels. Earl Haig Secondary School, a public high school recognized for its academic programs and extracurricular activities, is approximately 0.54 km from The Imperial I, providing a thorough public education option for grades 9-12.
Additionally, for those interested in arts education, Claude Watson School for the Arts is just 0.68 km away. This public school serves grades 1-8 and emphasizes arts within its curriculum, offering a unique educational experience for younger students. The proximity of these schools to The Imperial I makes it an ideal location for families seeking a variety of educational opportunities.
Convenient Access to Public Transit
Residents at The Imperial I, located at 256 Doris Ave, Toronto, ON M2N 6X8, enjoy unparalleled convenience when it comes to accessing public transit. The building's strategic location guarantees that residents can easily navigate the city using various modes of transportation.
One of the key advantages of living at The Imperial I is its proximity to the North York Centre Subway Station, which is just a 3-minute walk away. This provides quick access to the Toronto Transit Commission (TTC) network, making it easy to travel to different parts of the city. Additionally, the nearest light transit stop is situated at Yonge St. @ Norton Ave., further enhancing connectivity.
The area's high walk score of 95 means that residents can conveniently access public transport and nearby amenities without the need for a vehicle. For those who prefer to use buses, multiple routes are available nearby, making commuting easy and efficient.
Key Features of Public Transit Accessibility at The Imperial I:
- Proximity to North York Centre Subway Station: Only a 3-minute walk away, guaranteeing quick access to the TTC network.
- Light Transit Stop at Yonge St. @ Norton Ave.: Enhances connectivity to various parts of the city.
- High Walk Score of 95: Residents can easily access public transport and amenities without needing a vehicle.
The building's location near major roadways, including Hwy 401 and Yonge St., also facilitates convenient travel for those who prefer driving. Overall, The Imperial I offers residents a range of transportation options, making it an ideal choice for those who value convenience and accessibility.