At the heart of a thriving Toronto growth centres, Freed Developments Art Shoppe Condos & Lofts add a new dimension to one of the GTA’s most promising communities.
Toronto’s condo market is one fascinatingly dynamic arena in which one could choose to make a living. Every day, Toronto’s most respected developers introduce me to promising real estate investment opportunities with the potential to not only ignite evolution among the neighbourhoods surrounding their immediate locations, but add to the globally respected identity of the Greater Toronto Area’s real estate investment frontiers.
That exciting privilege of seeing a rising neighbourhood’s value continue to mature reminds me what makes this a lifelong passion. My recent conversations with the minds of Freed Developments and its marketing team introduced me to Art Shoppe Condos & Lofts neighbouring midtown’s Yonge and Eglinton, Toronto Life’s 4th-best GTA neighbourhood (out of 140 evaluated) with massively lucrative residential investment potential.
As a seasoned investment professional, I could never overstate this: there are prime opportunities for extraordinary returns, and then there’s an open door to a centre where intense, accelerated development has the rocket fueled by enthusiastic provincial endorsement strapped to its back.
Yonge and Eglinton neighbourhood presents the kind of tantalizing ticket to an opportunistic return on investment seen once, perhaps twice a year in the Toronto market. Areas that Ontario’s provincial leaders designate as exceptional growth centres receive a special degree of priority. In essence, the provincial government is so enamoured with a single area’s capacity for commercial and residential expansion, such as Yonge-Eglinton, that real estate development and construction projects contained within receive every accommodation the province can offer throughout construction.
Freed took a measured approach to choosing the epicentre for the condos and lofts complementing the property’s over 80,000 sq.ft. of retail and restaurant space. The most appealing urban developments are positioned a convenient distance from the most tempting attractions. At the same time, they exist at one end of a comfortable buffer that mutes ongoing noise, traffic congestion and crowding that can make even the most entertaining districts tiresome after so long.
That very consideration lives through Art Shoppe Condos most strategic details. The 12,000 sq.ft. linear park comprising the complex’s eastern border provides a lush connection between Soudan and Hillside. It also creates a peaceful separation from Yonge and Eglinton’s mounting foot and vehicle traffic.
To be precise, Art Shoppe Condos is actually located at 2131 Yonge St., just south of the provincially endorsed development bullseye, but conveniently only 150 metres from the nearest subway station entrance. The very name honours the original occupant bound for a new location, Art Shoppe Furniture.
MAKING MORE OF LESS
As originally conceived, Art Shoppe Condos was a far more massive undertaking.
Credit Yonge-Eglinton’s intriguing evolutionary leap to the prospects inherent in the new Eglinton Crosstown LRT line’s construction. Its completion several years from now will transform this ever-more-lively intersection into a transit nexus of two major lines expected to rival Yonge and Bloor.
“The LRT was a huge reason for us to invest in Yonge-Eglinton,” financier CD Capital partner Jordan Demers explained to the Toronto Star. “And with the city bringing more traffic onto the Yonge line within the intersection, we feel a huge responsibility to deliver something here that is world-class.”
In its earlier stages, Freed designers envisioned a 38-storey north tower across the complex from a small 29-storey sister condominium at the southern end. A more space-efficient concept eventually prevailed: a single 34 stories tower on the property’s north side that steps down to an accompanying 12-story southern mid-rise and six additional storeys on the eastern side.
“Less” without a doubt yielded “more”. The more subtle height and density of the pared-down layout establishes a unique personality for the property’s evolution that complements the surrounding neighbourhood without overwhelming and imposing its shadow upon it.
Designed by award-winning 2015 Pan Am Games Athletes Village architect Peter Clews of Architect Alliance, Art Shoppe Condos depth of amenities exceeds any offering found at the heart of Yonge & Eglinton immediate development and arguably many Downtown condominiums of far greater proportions.
Toronto’s largest private rooftop infinity pool is a pinnacle of Art Shoppe Condos amenities package spreading out before the city lights, an inspired touch that exceeds even the Freed Thompson Hotel’s own premiere pool. The pool’s magnificent vista highlights a spectacular package of rooftop hospitality accommodations. Elsewhere, residents can also find a one-of-a-kind tranquility within a serene outdoor Zen garden, accented by impressive two-storey glass doors that open unto it – a true marvel of brilliant, breathtaking landscaping.
Infinity Pool at Thompson Hotel and Residences
The waves of sophisticated ambience trickle down throughout a combined three floors of spectacular attractions:
6th Floor Amenities:
- Zen outdoor garden designed by Janet Rosenburg
- Indoor Amenities include: double height, fitness center with two cardio rooms, two weight rooms, indoor and outdoor yoga area, juice bar, kids club, and Men’s/Women’s change rooms, kids club
8th Floor Amenities:
- Double height, wine tasting room, catering kitchen, dining room with oversized fireplace, board room, lounge, library, games room with mini-bar
18th Floor Amenities:
- Floor-to-ceiling retractable nana walls where indoor & outdoor amenities merge, lounges, largest Infinity edge pool in Toronto stretching almost the entire length of the west loft building rooftop, Miami-style cabanas and day beds, outdoor bar area with completely unobstructed city skyline views
This is all to say nothing of what the city has personally laid at this development’s feet to lend a hand in promoting its success. The strategic planning that went into Art Shoppe Condos also affords convenient access to a sizable brand-new city park to be built soon immediately beside the building. This is a beautiful blending of provincial enthusiasm for a neighbourhood’s maturation with a mindful approach to design that makes every fine touch mean something special.
Freed’s visionary interior designers have outperformed even their own finest hours. Most other Yonge-Eglinton condos in their pre-construction and construction stages boast standard 8- to 8.5-foot ceilings. Once more, Art Shoppe Condos defines itself a cut above and a breed apart. More than half these spacious modern residences sport 10-foot ceilings. Throughout each space, designers of Art Shoppe Condos have gone to impressive lengths to make the most of every square inch available inside throughout a diverse array of floorplans, many of them rimmed with oversized balconies and terraces as a finishing touch.
This is where some perspective is required to drive home definitively what a rare opportunity Art Shoppe Condos presents.
Freed conceived this project with end-users and investors alike squarely in mind. Nearby remaining inventories at 2221 Yonge Condos and E Condos starting from over $700/sq.ft. can’t equal the bar-raising amenity offerings and supreme midtown convenience accompanying Art Shoppe Condos introductory pricing at $580/sq.ft. with studio units starting from $205,000, and 1 bedroom units from $249,900 for Platinum Agents initial release.
With such an extensive range of suites and prices encompassed by uniquely attractive architecture and a five-star overall amenity package, this development presents substantial capital appreciation and rental ROI cash flow for investors who buy during this fleeting initial pricing stage. Prices will rise fast and hard in the next few release for Art Shoppe Condos for VIP Agents, all agents, people who have registered on builder’s website and for general public opening.
All in all, Art Shoppe Condos have the makings of Yonge and Eglinton’s iconic flagship condo development. This condominium at 2131 Yonge Street is currently in its pre-registration phase with a tentative 2019 occupancy target. By its completion, the Art Shoppe Condos will also include two floors of retail at its base with lifestyle-focused shops and services, restaurants and cafes, and potentially a grocery store.
As an official Platinum Agent of the builder, we can provide first access to this flagship Yonge & Eglinton condo project on the very first day of the Platinum release. No, this is not an advertisement line that you hear from every Joe on the block. We mean it! The sales and marketing of Art Shoppe Condo is managed by Freed Developments in collaboration with Canderel VP of sales Riz Dhanji and his incredible marketing team. As a top award-winning agent for Canderel, I have been hand-picked to get the first access to Art Shoppe Condos. Register now for more info and to get guaranteed exclusive access on day one to this exciting condo project’s upcoming release.
Sunny Batra receiving Top Agent Award from Canderel for Yc Condos
Your investment advisor and friend in real estate,