3070 Ellesmere Road Condos
3070 Ellesmere Road, Scarborough, ON, Canada
26 Storeys | 246 Suites
Highlights at 3070 Ellesmere Road Condos
Situated within a convenient walking distance from both the University of Toronto Scarborough Campus (UTSC) and Centennial College Morningside Campus, 3070 Ellesmere Road is set to encompass 246 rental units comprising a total of 720 bedrooms, spanning an impressive 26 stories. Additionally, the development will feature approximately 4,300 square feet of retail space at street level and a three-level underground garage providing approximately 185 parking spaces.
- 9 min drive to Scarborough Town Centre, offering limitless dining options and more than 221 brand name stores, such as Hudson's Bay, Muji, H&M, Gap, SEPHORA, LCBO, Aritzia, and IKEA
- Proximity to various grocery options such as Food Basics, NoFrills, and Walmart Supercentre
- Easy access to Highway 401
- Walking distance to both the University of Toronto Scarborough Campus (UTSC) and Centennial College Morningside Campus
- Nearby parks include Morningside Park, Miltary Park, Brooks Road Park, and Ellesmere Ravine
Reason to Invest In 3070 Ellesmere Road Condos
- Proximity to Education Institutions: The condos' prime location within walking distance of both the University of Toronto Scarborough Campus (UTSC) and Centennial College Morningside Campus makes them an attractive choice for students and faculty seeking convenient housing options. This proximity can result in a consistent demand for rental units, potentially providing a steady stream of income for investors.
- Retail and Shopping Convenience: With approximately 4,300 square feet of retail space at street level and a short 9-minute drive to Scarborough Town Centre, residents will have easy access to a wide range of dining options and popular brand name stores. This accessibility can enhance the overall appeal of the property, making it desirable for renters and potentially increasing rental income.
- Strategic Location and Accessibility: The development's easy access to Highway 401 and its proximity to various grocery stores, including Food Basics, NoFrills, and Walmart Supercentre, add to its convenience. Additionally, the presence of nearby parks offers recreational opportunities for residents. The strategic location and accessibility of 3070 Ellesmere Road Condos can contribute to long-term appreciation in property value and potential capital gains for investors.
About the Developers:
Established in 2004 and holding a longstanding registration with Tarion, Podium Developments stands as a reputable construction company renowned for its accomplishments in rezoning and developing challenging urban infill sites. Over the course of more than a decade, the company has completed a total of 16 prosperous projects spanning across Toronto, Oshawa, Barrie, Kingston, and Guelph. Currently, they are actively engaged in the development of nine additional projects in both the United States and Canada, showcasing their impressive proficiency in delivering innovative residential developments.
Reichmann International Development Corporation
Reichmann International Realty Advisors aspires to utilize the wealth of experience possessed by our founders to discover real estate investment opportunities that can yield attractive risk-adjusted total returns for our investor partners.
- Study Rooms
- Media Room
- Sport Court
- Outdoor Terrace
- Rooftop Lounge