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181 East Condos in North York – MOVE IN 2023/From $525,900

Property Rating

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Condo
9 storeys
Completion: 2023

Description

A charming new boutique condominium project is coming to the Yonge and Sheppard intersection in North York. 181 East Condos, a new project by Stafford Homes, will feature eye-catching terraces with modern lines and verdant greenery. With colourful accents, this building is sure to turn some heads, and it’s prime location makes it a singularly convenient place to set down roots. 

This 9-storey mixed use condominium is currently in the pre-construction phase, and will be located at 181 Sheppard Ave E. right in between Yonge Street and Bayview Avenue. 

With an expected occupancy of 2023, this building will house 185 condominium suites and feature retail along the street-level.

181 East

181 East Condos Highlight:

  • Very Close to Sheppard/Yonge Subway Station
  • Close to Supermarket
  • Short Drive to hwy 401 and DVP
  • 35 mins to Union Station via TTC
  • Oriole GO Station is conveniently located
  • Close to North York Centre
  • Many Shop and restaurant near by
  • Walk Score of 81 out of 100 and the transit score are 83 out of 100
  • Nearby parks include Glendora Park, Sheppard East Park and Willowdale Park

Exclusive shops, trendy restaurants and highly-sought services are steps from the front door. Venture east and discover the high-end retailers of Bayview Village Shopping Centre or The Shops of Don Mills. Travel south to Aga Kahn museum – dedicated exclusively to Islamic arts. Head west to explore the thriving, metropolitan strip at Yonge And Sheppard.

181 East

Opulent oversized terraces flanked with greenery set the tone for this refined residence. Experience views to die for in a prime and in-demand location. Enjoy the best of both worlds and be in the heart of the action within a 5-minute drive.

Units offer an array of views with beautiful green spaces. Unobstructed views and south towards downtown Toronto. Facing north, views here look out over low-rise residential neighbourhoods and green space.

Top 5 Reasons to invest in 181 East Condos

1.Location

181 East Condos is located at 181 Sheppard Avenue East, just ten minutes walk from the The Yonge and Sheppard intersection, which is a central hub for business and retail in the North York area. There, residents will find the Sheppard-Yonge TTC Station. The urban area is surrounded by greenspaces like Sheppard East Park, Glendora Park, Willowdale Park, Mel Lastman Square and Princess Park.

Only a 20 minute drive into the heart of Toronto, the Lansing neighbourhood is a lovely respite from the hustle and bustle of downtown while remaining closely. While 4800 is directly on the eastern segment of the TTC’s line 1, it’s only a few minutes drive to the western stations as well, like Sheppard West Station or Yorkdale, home of Yorkdale Shopping Mall – a destination within the entire York Region, Yorkdale is known as one of the country’s best malls. Over 1.8 million square feet in space, Yorkdale Shopping Centre homes over 250 retail spaces, services, dining options and entertainment attractions, making it a destination for people all over the GTA.

181 East

The aforementioned parks nearby provide excellent places to take in nature or get exercise. Earl Bales Park in particular has over 125 acres of green space, sports fields, and walking trails, including an off-leash dog park. Also nearby is the Hinder Property – a forested park with a boardwalk running along the Don River. 

Parents will be happy to know there are a number of great schools nearby from Avondale Public School to Elpis College Private High School, and Claude Watson School for the Arts, as well as Central Montessori and Private French School. 

181 East Condos will be extremely convenient for running errands. Essentially next-door to a Beer Store, 181 will also be close to many other stores and services, to restaurants like PizzaPizza, to Popeyes, and Paisanos, as well as grocery options like Whole Foods, and the well known Ava Esfahan Food Market. Home projects and personal health will be easy, with a RONA Hardware across the street, and a Rexall just down the road. 181 is highly walkable, with a score of 95/100. 

2.Amenities

181 East Condos will be an urban, stylish building designed by Page + Steele IBI Group Architects. Current renders show a white rectangular facade with gorgeous floor-to-ceiling windows, and charming colourful accents. One side of the building will rise straight against the street, with retail along the street level, while the other side will feature a stepped-back design, allowing for terraces and patios.

Amenity space will all be located on the ground floor and second floor, and will include a wide range of amenities. On the first floor these include a library and co-working space, meeting room, private work rooms, universal washroom, a mailroom and package storage, entertainment room, kitchenette/bar and movie nook. Upstairs on the second floor, residents can enjoy a fitness studio with free-weights, a yoga nook, outdoor fitness, event lounge, private dining lounge, outdoor dining lounge and washrooms. 

Underground, residents will find four levels of parking, a pet space, bicycle wash, as well as bike storage. 

A full list of in-suite amenities, finishes and features has yet to be released. To receive more information on suite layouts, including floor plans as soon as they become available, register now with MyCondoPro!

3.Transit Options

North York is in many ways the gateway to the north of Ontario – Richmond Hill, Newmarket, Barrie, and the Muskoka region are all just a short drive away on Highway 400. For travellers, the rest of the province is just as convenient to reach, with highways like the 404, the Allen Road, the Don Valley Parkway, and the busiest section of the 401 all making their crossings in North York.

181 East Condos

And you’re not too far from the city centre, either – two lines of the TTC reach into North York. Hop onto Line 1 from Sheppard-Yonge Station just across the street, or Sheppard West, and head south into the city, or further north. Line 4 Sheppard Subway line meanwhile, runs from Sheppard-Yonge station to Don Mills.

Other public transit services operate within North York – York Regional Transit (YRT), which runs unparalleled bus services throughout the region, and GO Transit whose commuter rails and bus services reach all across the Greater Toronto area. Both are easily accessed from TTC stops, and so within North York, the entire GTA is at your fingertips.

4.The Developer

Stafford Homes has been developing property in North America for over 50 years. Founded by Samuel Goldman, Stafford began as a developer of single-family homes, but has branched out into condominiums in the last few decades. Under the leadership of current president Jonathan Goldman, they have built thousands of condominium suites and townhomes in the GTA.

Based on the belief that homes should exceed resident’s expectations, Stafford constructs efficient, functional and gorgeous homes that are in a league of their own. Stafford has been building homes as a family company for four generations. 

An innovative developer, Stafford has earned a reputation for projects of extremely high construction quality that feature gorgeous designs, and efficient living spaces. 

Recent projects include Picasso Condos in the Entertainment District of Toronto, as well as Elements Townhomes in Ajax, and 530 St. Clair Avenue West. Their current project, 181 aims to be another in a long line of urban condos that contributes to Toronto’s iconic skyline, while bringing convenient, stylish living to its buyers. 

Stafford is also known for having a top tier Design Studio, where buyers can work with in-house design consultants to add finishing touches to your home that make it feel unique, and truly you. 

5.Investment Opportunities

With hundreds of condominiums for sale, North York is one of the fastest-growing regions of Toronto, and a place where growth is expected to continue for decades. Property values are steadily increasing, and new listings hold a $686 price per square foot.

Pre-construction condos in the city average in the low $400K price range, and tick up every year, largely due to the growth the region has continued to enjoy over the last half-century. Students, thriving immigrant communities, as well as new families are all looking to call North York their home, and that combined with it’s close proximity to the city centre are making North York a booming, desirable location for development and investment. 

With regards to 181 East Condos, we see a property in an exciting location. Just east of a major commercial hub, Yonge and Sheppard which will likely continue to grow in the 2020s, 181 East manages to be slightly away from the hustle and bustle, while still being ideally located both for walking and transit. This area has seen a great deal of new development in the past few decades, and is beginning to come into its own as an urban uptown hub for the city.

Property Features

  • DEVELOPER: Stafford Homes
  • ARCHITECT: Page + Steele IBI Group Architects
  • UNITS: 185
  • DEPOSIT: $5,000 on signing ; Balance to 5% in 30 days ; 5% in 180, 540 days ; 5% on Occupancy
  • PARKING: $55,000
  • LOCKER: $5,000
  • MAINTENANCE: $0.60/sq.ft (includes parking and locker maintenance)
  • ESTIMATED COMPLETION: Fall 2023


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