1 Eglinton East Condos is a new condo project, located at 1 Eglinton East(Yonge st/Eglinton St) In MIdtown Toronto, The 68-storey mixed-use residential building with retail at grade, commercial office in the base building, 672 residential units and 26 live/work units. A total of 287 parking spaces is proposed underground.
1 Eglinton East Condos In Midtown Toronto
Right at the corner of Yonge and Eglinton, there are going to be one-of-a-kind condos erected. There are many prospective buyers who are keenly keeping an eye on this project, which is still in its primary stages. In fact we can mainly comment on what has been proposed, as other key details are not yet known. However, simply considering the great location and the experienced developers, this is certainly a project worth following. In the next few months we will be able to get a better idea of what is being proposed as elevation diagrams will be introduced, and then we will be able to get a better idea of the design of this project. 1 Eglinton East Condos will be directly connected to the Subway-LRT interchange station via a pedestrian tunnel.
1 Eglinton East Condos is going to be made up of a total of 68 storeys. This is a major development, alongside the Yonge Elington Centre and the E Condos. In this project there are going to be a mixture of residential units as well as commercial space, that will include both retail outlets as well as offices. The plan is to have a total of 662 residential units. There is also going to be plenty of parking as the plan is to include 6 levels of underground parking, which shall offer some 287 parking spaces.
The residential units of 1 Eglinton East Condos are going to be quite diversified. Besides 448 one bedroom units, and 224 two bedroom units, there are also going to be 26 live/work units. This development is also going to retain a good amount of space to commercial, retail and amenity space, which makes a lot of business sense in an area such as this. In fact there is going to be 111,757 square feet allocated to commercial space.
Being in midtown Toronto, there is no denying that 1 Eglinton East Condos are going to be popular as this is an area that is very much in demand. In fact the walk score and the transit score given are very high, being 96 for the former, and 95 for the latter. So, practically one will have easy access to key necessities and important locations both on foot and by car or public transport. To give you just an idea, the Eglinton subway station is going to be a couple of minutes away, and there are parks such as the Fiona Nelson Parkette, the St. Clements-Yonge Parkette and the Oriole Park within close proximity.
The developers of this project are the famous KingSett Capital, who are working in conjunction with Hariri Pontarini Architects. The estimated completion date is still to be announced but we recommend that you keep an eye on this project as supply is limited when compared to the high demand for such a great location!