The Yorkdale Condos at 160 Flemington Rd in Toronto represent a modern urban living experience in a thriving neighborhood. This 15-storey highrise, completed in 2019, offers a range of unit sizes to accommodate diverse lifestyles. While the building's amenities and convenient location are appealing, potential residents and investors may wonder about the long-term value proposition. How do factors such as maintenance fees, neighborhood development, and sustainable initiatives impact the overall attractiveness of this property? A closer examination of these aspects will provide valuable insights for those considering The Yorkdale Condos as a home or investment opportunity.
Key Facts
The Yorkdale Condos stand out as a remarkable addition to Toronto's real estate landscape. Developed by Context Development in 2019, this 15-storey highrise building is situated at 160 Flemington Rd. The structure comprises 314 units, offering a range of living spaces to suit diverse needs and preferences.
One of the key features of the Yorkdale Condos is the variety in suite sizes. Units range from compact 338 square foot spaces to more expansive 1134 square foot residences. This diversity allows the building to cater to different lifestyles and family sizes, from singles and couples to small families.
The property's market performance is significant, with an average price per square foot of $1057 for recently sold units. This figure represents a positive annual value change of 2.8%, indicating steady appreciation in the real estate market.
Residents of the Yorkdale Condos benefit from a array of amenities designed to enhance their living experience. The building features a fully equipped gym for fitness enthusiasts, a rooftop deck for relaxation and social gatherings, guest suites for visiting friends and family, and bike storage for cycling aficionados. On-site security adds an extra layer of safety and peace of mind for inhabitants.
The location of the Yorkdale Condos offers significant advantages. Proximity to public transit guarantees easy commuting, while nearby shopping options like Fortinos provide convenient access to daily necessities. For those seeking outdoor recreation, Yorkdale Park and Varna Park are within easy reach, offering green spaces for leisure and exercise.
Building Overview
Rising 15 storeys above Toronto's bustling Yorkdale | Glen Park neighborhood, the Yorkdale Condos stand as a demonstration to modern urban living. Developed by Context Development in 2019, this highrise residential complex is situated at 160 Flemington Rd, Toronto, ON M6A 0A9. The building comprises a total of 314 residential units, offering a diverse range of living spaces to accommodate various lifestyle needs.
The Yorkdale Condos feature an impressive array of suite sizes, spanning from compact 338 square foot units to spacious 1,134 square foot residences. This variety guarantees that the building caters to a wide spectrum of homeowners and renters, from young professionals to growing families. The property's modern design is complemented by a host of amenities that enhance the living experience for its residents. These include a fully equipped gym for fitness enthusiasts, a rooftop deck for relaxation and social gatherings, guest suites for visiting friends and family, and convenient bike storage for eco-conscious commuters. On-site security provides peace of mind for all occupants.
Strategically located in the Yorkdale | Glen Park area, the condos offer residents easy access to essential urban conveniences. Public transit options are readily available, facilitating seamless commutes throughout the city. The proximity to shopping centers, dining establishments, and recreational parks further adds to the appeal of this prime location. The property's positive year-over-year value change of +2.8% reflects the strength of the local real estate market and suggests a promising investment opportunity for potential buyers.
Building Amenities
Residents of Yorkdale Condos enjoy an extensive suite of amenities designed to enhance their urban lifestyle. The building offers a thorough array of facilities that cater to various aspects of modern living, from fitness and relaxation to convenience and safety.
At the heart of the amenities is a fully equipped gym, providing residents with easy access to state-of-the-art fitness equipment. This on-site facility eliminates the need for external gym memberships and allows residents to maintain their exercise routines without leaving the comfort of their building.
For those who prefer outdoor relaxation and social gatherings, the Yorkdale Condos features a rooftop deck. This space offers breathtaking views of the surrounding area and serves as an ideal spot for residents to unwind, socialize, or host small gatherings.
The building also prioritizes eco-friendly transportation options by providing bike storage facilities. This amenity encourages residents to use bicycles for short trips, promoting a healthier lifestyle and reducing the community's carbon footprint.
To accommodate visitors, the Yorkdale Condos offers guest suites. These dedicated spaces guarantee that friends and family of residents have comfortable accommodations during their stay, enhancing the overall living experience for both residents and their guests.
Safety is a top priority at Yorkdale Condos, with an on-site security guard present to monitor the premises. This measure provides residents with an added layer of security and peace of mind, contributing to a sense of comfort and well-being within the community.
These carefully curated amenities at Yorkdale Condos collectively create a living environment that balances convenience, health, social interaction, and security, catering to the diverse needs of its residents.
Maintenance Fees
As with most condominium developments, Yorkdale Condos requires residents to pay monthly maintenance fees to cover shared expenses and services. These fees are typically determined by the size of the suite, with larger units generally incurring higher costs. The fees contribute to the upkeep of common areas, operation of amenities, and building management services.
Residents of Yorkdale Condos should expect their maintenance fees to support various aspects of the building's operation, including the fully equipped gym, rooftop deck, and security services. These fees play an essential role in maintaining the overall quality and functionality of the condominium complex, ensuring that residents can enjoy a comfortable and well-maintained living environment.
When considering the total cost of living at Yorkdale Condos, it's essential for potential buyers or renters to factor in these maintenance fees. The exact monthly amounts can vary, but they represent a significant aspect of the overall expenses associated with residing in the Yorkdale | Glen Park area.
To make an informed decision about living at Yorkdale Condos, interested parties should:
- Inquire about the current maintenance fee structure for different unit sizes
- Ask about any upcoming assessments that may affect future costs
- Consider how the amenities and services covered by the fees align with their lifestyle needs
Explore Neighborhood
The Yorkdale | Glen Park neighborhood offers a vibrant and diverse community, attracting families and young professionals alike. This area is known for its strong community presence, with a mix of residents creating a welcoming environment. Conveniently located near various amenities, residents can enjoy grocery shopping at Fortinos, just a 7-minute walk away, and grab a coffee at the nearby Starbucks.
Outdoor enthusiasts will appreciate the proximity to Yorkdale Park and Varna Park, providing ample opportunities for recreational activities. Public transit is also easily accessible, with the Ranee Ave bus stop connecting residents to Yorkdale Station for a seamless commute. Dining options abound in the area, with popular spots like Michels Baguette, Moxies, and Tora Aburi Sushi enhancing the local culinary experience.
The neighborhood is characterized by its diverse demographic, with families and young professionals living together in harmony. The area is also home to various parks and recreational facilities, including Caledonia Park, which features a baseball diamond, multi-purpose sports field, and volleyball courts. Yorkdale Shopping Centre, one of Canada's busiest malls, is also located in the vicinity, offering 250 retailers and entertainment options. Overall, the Yorkdale | Glen Park neighborhood provides a balanced and enjoyable living environment for its residents.
Diversity of Local Residents
The Yorkdale-Glen Park neighborhood is distinguished by its diverse demographic, featuring a mix of families and young professionals. The area is home to a population of 14,804 residents, with 62% living in owner-occupied households and 38% in renter households. The community offers a variety of housing types, including single-detached homes, apartments, and row houses, reflecting its mixed demographic profile.
Population
Yorkdale-Glen Park is distinguished by its diverse demographic, comprising a significant number of families and young professionals, which contributes to a vibrant community atmosphere. The local population reflects a mix of cultural backgrounds, enhancing the neighborhood's multicultural character. This diversity is mirrored in the area's educational institutions, such as Lawrence Heights Middle School, which serve a diverse student body and promote inclusivity and community engagement.
Key demographic highlights of Yorkdale-Glen Park include:
- Population Growth: The area experienced a population growth of 6.3% between 2001 and 2011, indicating a stable and attractive community.
- Ethnic Diversity: Residents come from 123 different ethnic origins, with 55% being first-generation immigrants and 33% second-generation immigrants, contributing to the neighborhood's rich cultural tapestry.
- Household Structure: Families with kids make up 46% of households, couples without children make up 20%, and single-person households make up 26%, showcasing the variety of family structures within the community.
Tenancy and Property Type
Residents' diverse needs and preferences are well-catered to in the Yorkdale | Glen Park area, where a mix of tenancy types and property sizes contributes to a vibrant community atmosphere. The area boasts a diverse demographic, featuring families and young professionals, which enhances the sense of community among different age groups and backgrounds. This diversity is reflected in the tenancy of the Yorkdale Condos, which includes both long-term residents and newcomers.
The average rental price in the area is $2,200/month, indicating a competitive rental market that attracts various tenants. Suite sizes in the Yorkdale Condos range from 338 to 1134 sqft, accommodating different lifestyle needs and preferences for both renters and owners. The proximity to educational institutions like Lawrence Heights Middle School and community centers fosters a family-friendly environment, attracting residents focused on education and community engagement. This blend of tenancy types and property sizes creates a dynamic and inclusive community that supports the diverse needs of its residents.
Average Income
While the Yorkdale | Glen Park area is known for its upscale shopping centers and convenient access to transportation routes, it also boasts a diverse demographic, which is reflected in the average household income of approximately $80,000. This diversity is characterized by a mix of families and young professionals, contributing to a vibrant community atmosphere.
The area's economic diversity is influenced by the presence of various educational institutions nearby, attracting families and professionals seeking educational attainment and professional growth. Many residents are employed in sectors such as retail, education, and healthcare, further supporting a diverse income range.
Key factors contributing to the average income in Yorkdale | Glen Park include:
- Diverse Demographics: Families and young professionals contribute to a vibrant community atmosphere.
- Educational Institutions: Nearby schools attract families and professionals, influencing local income demographics.
- Employment Sectors: Residents work in retail, education, healthcare, and other industries, enhancing economic diversity.
Nearby Schools
Located in close proximity to reputable educational institutions, the Yorkdale Condos offer families with school-age children a convenient and supportive environment. Lawrence Heights Middle School is nearby, providing education for grades 6-8 to local students. This proximity guarantees that children can easily commute to school, fostering a sense of community and convenience for families.
The area is also home to the Lawrence Heights Community Centre, which offers various educational programs and activities for children and families. This community centre serves as a hub for local activities, enhancing the overall living experience for residents of the Yorkdale Condos. Additionally, multiple educational facilities, including elementary and secondary schools, are accessible within a short distance from the condos, providing a range of educational options for families.
The diverse demographic in the Yorkdale | Glen Park area includes families, which contributes to a strong community presence around local schools. This community-driven atmosphere supports the educational and social development of children, making it an ideal location for families. The proximity to reputable educational institutions boosts the appeal of living at 160 Flemington Rd for families with school-age children, making the Yorkdale Condos a desirable choice for those seeking a supportive and convenient living environment.
Sustainable Urban Living Initiatives
The Yorkdale Condos exemplify a commitment to sustainable urban living through a range of initiatives. One of the key features that promote sustainable transportation is the incorporation of bike storage within the building amenities, allowing residents to easily store their bicycles and opt for a more environmentally friendly mode of transportation. The rooftop deck further enhances the connection to the environment by encouraging outdoor gatherings and community engagement.
Key Sustainable Initiatives:
- Energy-Efficient Design: Context Development, the builder of the Yorkdale Condos, emphasizes modern architectural design that utilizes energy-efficient materials and practices to minimize environmental impact.
- Proximity to Public Transit: The development is strategically located near public transit options, such as the Ranee Ave bus stop, facilitating easy access to the city's transportation network and reducing reliance on personal vehicles.
- Access to Green Spaces: Nearby parks, such as Yorkdale Park and Varna Park, provide green spaces for residents, supporting urban biodiversity and offering recreational opportunities that contribute to sustainable living.