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The Capitol Residences

By Madison Group, Westdale Properties

1 Star2 Stars3 Stars4 Stars5 Stars (28 votes, average: 3.21 out of 5)
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2500 Yonge Street, Toronto, ON, Canada



Platinum Access: Sales From $879,900 to over $2,699,900
Condominium
14 Storeys | 145 Suites
1 - 3 Bedroom(s)
535 - 2165 Sq Ft
VIP Launch: 2021
Completion: 2025

Madison Group proudly introduces “The Capitol Residences” coming soon to Yonge at Castlefield. A breathtaking 14-story luxury new condo in the heart of the city. The Capitol new condos has extensive private terraces and oversized balconies for residents to admire the views of the city and nearby parks that Midtown Toronto has to offer.

 

The Capitol Residences: The Stage Is Set

Finally, the legendary Capitol Theatre returns as an epic new residence. This midtown Toronto landmark builds on its iconic heritage, and still retaining the original marquee façade. Stepping up its star power with ascending sun-steeped landscaped terraces, as well as an estate-style garden boasting a greenhouse of delights.

Open the door to one, two and three-bedroom residences sized, also designed for the grandness of life. Experience indoor and outdoor amenities that exceed your greatest expectations, such as a speakeasy-inspired golf simulator and a playroom for kids of every generation. Revel in an abundance of onsite parking, shopping, as well as dining options.

If all the world’s a stage, then Act 1 starts at The Capitol Residences

Top 3 Reasons to Invest in Toronto

Yonge-Eglinton Location

The Yonge-Eglinton neighbourhood is central to Midtown Toronto, one of four central business districts outside of the downtown core. Many people choose to live in this neighbourhood because it is one of the best in terms of safety, entertainment, employment, and transportation.

Capitol Residences Local Amenities

The Capitol condos is set in the centre of other rich neighbourhoods such as Forest Hill and Lawrence Park. It is also surrounded by schools, shopping malls, and recreational amenities such as gyms and parks. Because of its convenient location, it provides a perfect experience for those who lead an active physical and financial lifestyle. The best location for families to live and flourish as the population grows.

Sherwood Park, with its long winding paths for running and biking, wading pools, a big playground, and other amenities, is just one major street away. There is also a dog off-leash section. A wonderful place to relax and enjoy the great outdoors.

Capitol Residences Transit Options

Capitol Residences has a Walk Score of 95 out of 100, making it a walker’s paradise. Not only are most essential needs nearby and easily accessible on foot, but the rest of the area is also easily accessible by vehicle or public transportation. With easy accessibility to the east and west, as well as north and south, it’s a commuter’s paradise.

  • Eglinton Station, Sherwood Park, and the Yonge-Eglinton Mall are all within a 10-minute walk
  • Highway 401 and Yorkdale Mall are also about a 10-minute drive apart
  • Near several bus lines
  • Flat terrain ideal for bikers
  • Sherwood Park’s trails for dog walkers and joggers to enjoy
  • The 141 TTC line to the downtown core is in short walking distance

Growth & New Development

Firstly, New homes and condos are not the only attraction. Capitol Residences positions residents in the heart of one of the busiest economic districts outside of the downtown core. Toronto Life Magazine ranked Yonge-Eglinton 4th out of 140 in the city and an increase in population is expected  as more urban developments are introduced.

The completion of Eglinton’s Crosstown LRT is approaching, while contributing to the neighbourhood’s increasingly robust transit options. Oxford Properties is redeveloping three shopping buildings known as Canada Square. By 2021, 18 additional home construction projects will rise alongside this stunning new development. Therefore, the Yonge-Eglinton community continues to expand with each new member of the community.

Capitol Residences is a new development by Madison Group and Westdale, coming soon to Toronto. The 14-storey tower comprises of 145 units while located on Yonge at Castlefield.

 

The Developers: Madison Group and Westdale Properties

The Madison Group and Westdale are collaborating to bring The Capitol Residences to the Yonge-Eglinton neighbourhood.

Westdale is a Toronto-based company with over 60 years of experience managing and building condos and townhomes in North America. They are a reliable leader in the construction of some of Canada’s stunning luxury condo developments and homes, including Theory at College & Beverly, The Roy in downtown Halifax, and Nobu Residences on Mercer St.

Madison Group is similarly noteworthy, with a presence in the industry spanning 55 years. They strive to add brightness to the neighbourhoods that they touch and have remained loyal to the family value that gave the world NuTowns Condos in Pickering and Zigg Condos in Forest Hill.

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The Capitol Residences Property Details

    Developer(s): Madison Group, Westdale Properties
    Architect(s): Turner Fleischer Architects, Hariri Pontarini Architects
    Building Type: Condominium
    Ownership: Condominium
    Building Status: Pre-construction
    Selling Status: Platinum Access
    Storeys: 14
    Suites: 145
    Suite Type: 1 - 3 Bedroom(s)
    Suite Size: 535 - 2165 Sq Ft
    Ceiling Height: Up to 10 '0"
    Launch: 2021
    Estimated Completion: 2025

Building Amenities

  • Outdoor Lounge & Dining Area
  • Guest Suite
  • Lounge Areas
  • Party Room with Dining Area
  • Golf Simulator
  • Automated Parcel Storage
  • Kid’s Play Area
  • Pet Spa
  • 24 Hour Concierge Service
  • Fitness Centre
  • Porte Cochere
  • Gym with Private Workout Areas
  • The Social Club featuring a Lounge and Dining
  • Luxurious Outdoor Lounge and Dining Area

Pricing & Fees

Price: From $879,900 to over $2,699,900
Cost of Parking: $99,000.00 (Available for units 2 Bedroom and larger)
Cost of Locker: $6,000
Deposit Structure:
$10,000 on Signing
Balance to 5% in 30 Days
5% in 120 Days
5% in 500 Days
5% on Occupancy

Non-resident Deposit Structure*
$10,000 on Signing
Balance to 10% in 30 Days
10% in 120 Days
10% in 500 Days
5% on Occupancy

Current Incentives

FREE ASSIGNMENT*
– (Regular Assignment Fee of $10,000)
PERMISSION TO LEASE DURING OCCUPANCY*
EXTENDED DEPOSIT STRUCTURE
CAPPED DEVELOPMENT CHARGES
– $12,500 PLUS HST FOR 1 BEDROOM+DEN AND SMALLER
– $18,000 PLUS HST FOR 2 BEDROOM AND LARGER

Parking with Attached Locker* $129,000
– (Available for units priced at $3m or higher)

Location

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