High-rise condo in Toronto
This new condo building will be a mixed-use project, meaning it will also add jobs and retail to the area.
M2M Condos is a pre-construction condo complex in Toronto by Aoyuan International. This new development is situated in the Newtonbrook area and will be ready for occupancy in 2022. It will consist of two towers that will significantly increase the density of the surrounding region. The towers will also include some of the city’s finest facilities, which is a characteristic of this developer. It features a balanced distribution of housing, retail, and jobs. Additionally, there are several excellent transportation choices.
This new condominium development is situated at 5915 Yonge Street, on the southeast corner of Yonge and Cummer, with Phase 1 abutting Turnberry Court on the southern portion of the land. Existing low-rise housing is located to the east of the site; existing high-rise dwellings are located to the south; existing low-rise businesses are located to the east; and the prospective development site for this condominium project is located to the north.
If you drive seven minutes south of your new apartment, you will reach Finch Station. This station is the eastern terminus of Line 1, Yonge-University. This implies that you will be able to reach Union Station in the southern portion of downtown Toronto in less than thirty minutes. The proximity of this new apartment complex to key roads makes it easy for vehicles to move about. The Ontario 401 Expressway is readily accessible through Bayview Avenue. The 401 may also link drivers to the Don Valley Parkway, which serves as Toronto’s true entryway.
T1 In addition, residents at M2M Condos have access to a number of institutions and facilities in the area. The neighboring G. Ross Lord Park, Newtonbrook Park, and Silverview Park provide vital green space to the local neighborhood. Local schools include RJ Lang Elementary and Middle School, Newtonbrook High School, and UMC High School. This condo complex is also a great place for York University students to live off campus, since they can drive there in 19 minutes.
The enormous Centrepoint Mall is merely a 15-minute walk to the north and is only a block away. Its directory has 144 retailers and services and is centered on Canadian Tire, Lowe’s, Hudson’s Bay, and No Frills. Centrepoint is also located at the intersection of Yonge and Steeles Avenues, a business hub in its own right. It has an excellent transit score of 92.
Two towers will rise from a stepped pedestal that reaches its ultimate height of 9 stories in Phase 1. The northern tower will be the taller of the two, reaching up to 36 stories, while the southern tower will reach up to 34 stories. This new condo construction will bring 810 extra apartments to the area, representing a significant increase in population. There will be 292 apartments with one bedroom, 509 units with two bedrooms, and 9 units with three bedrooms.
The fact that the majority of condominiums will have two bedrooms indicates a significant change in Toronto’s housing market. As millennials begin their families, they will seek houses that can accommodate their youngsters. This is also an important factor for investors to consider. On the bottom floor of this structure will be retail space, which will likely be a grocery store. In addition, there will be 42,139 square feet of office space on the street-facing side of the building between the second and eighth floors.
Aoyuan Overseas Investment Group (Aoyuan Overseas) is an Aoyuan corporation that promotes the investment, development, and management of properties in overseas locations such as Sydney, Australia, Vancouver, Canada, Toronto, Canada, Hong Kong, and Macao, China. The Board of Directors of Aoyuan made the strategic decision to start Aoyuan International as an overseas investment arm so that the company could adapt to changing circumstances and look for new property development opportunities.