646 Yonge St

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High-Rise Condos in Toronto

646 Yonge St, Toronto, ON

KingSett Capital recently finished designing Toronto’s 646 Yonge Street Condos, a high-rise mixed-use condominium. This 548-unit, 75-story pre-construction condominium is situated at 646 Yonge St., in the vicinity of Yonge St. and Irwin Ave. It retains historic facades on Yonge while incorporating retail space at grade.

This new condominium development on Yonge Street capitalizes on a neighborhood in the center of downtown Toronto that is bike- and pedestrian-friendly. Its prominent location between Bloor St. and Wellesley St. provides convenient access to the city’s dining, retail, entertainment, transportation, and academic institutions.

Amenities

With a tiny retail space at ground level, the 4-story building base's incredibly compact footprint is emphasized by the gravity-defying, gently inclined tower above, complete with scalloped balconies that will give the building a unique and appealing aspect
The planned 833-foot structure will be located at the northwest corner of Yonge Street and Irwin Avenue
It will have 548 condo apartments available, consisting of 85 studios, 324 one-bedroom, 80 two-bedroom, and 59 three-bedroom suites
Specific facilities have still to be determined, but they will be positioned on the second and top levels, including indoor and outdoor areas in both places
The overall facilities will take up 16,856 square feet of area, with 11,797 square feet within and 5,059 square feet outside
There will only be 614 bike parking places available (494 long-term and 120 short-term)

Highlights

Neighborhood

646 Yonge Street Condos have exceptional walk, transit, and bike scores of at least 92. There are five subway stations within walking distance of the site, with Wellesley Station being the nearest at a distance of three minutes. Eight streetcar and transit routes provide convenient above-ground connections to the remainder of the city. It is a bicycle-friendly area because the majority of main avenues, including Bloor and Wellesley, feature bike lanes and cycling tracks. Additionally, Yonge TOmorrow is assessing the condition of Yonge’s vehicle lanes and footpaths in order to expand future options for cyclists and pedestrians.

Transportation

The development’s walk and transit scores are nearly ideal. Adjacent to the condominium is a Yonge Street transit route that operates 24 hours a day.

The College Subway Station and Wellesly Station are both accessible on foot.

Education

The development is situated in close proximity to two prominent academic establishments: Toronto Metropolitan University (formerly Ryerson University) and the expansive St. George campus of the University of Toronto, both of which are within a 15-minute walking distance.

This advantageous location renders this undertaking a noteworthy investment prospect, potentially utilized for student rentals.

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Developer

At KingSett, they generate wealth via a vast array of bespoke real estate investment options. Their dependable team is committed to producing premium risk-adjusted returns that are both sustainable and risk-adjusted premium returns. KingSett is the premier private equity real estate investing business in Canada. Since 2002, their team of seasoned specialists has built solutions adapted to the demands of their stakeholders via the use of individualized methods, innovative thought, and swift implementation.