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Starting From: CAD 599,900

Line 5 Condos

117 Broadway Avenue, Toronto, ON

High Rise Condo in Toronto

1 Star2 Stars3 Stars4 Stars5 Stars (4 votes, average: 4.50 out of 5)
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Reserve Properties Ltd. and Westdale Properties, two of the most prominent land developers in the Greater Toronto Area, are the developers of this project. They have amassed an extensive portfolio of communities they have developed, and they have received a succession of industry accolades over the years.

Line 5 Condos, which will be situated at 117 Broadway Avenue in Toronto, ON, will feature 387 units across 36 floors. At present, this condominium development is undergoing public sales and is anticipated to be occupied by 2023. The floor plan will feature a variety of one-bedroom and three-bedroom accommodations, with approximate square footage spanning from 291 to 1,656 square feet. Furthermore, every unit will feature a maximum ceiling height of 9’0″.

The prestigious IBI Group will take the lead in this project’s architectural component, and the award-winning U31 will be in charge of curating the interior design. Situated in close proximity to all of your favorite things and conveniently linked to public transportation, this is the starting point of your narrative.

Features

Starting From: CAD $599,900

Pricing & Fees

Available unit price: From $679,900 to over $1,664,900
C.C/maint: $0.58 Per Sq. Ft. per Month
Cost to purchase parking: - (Parking: Waitlist only* Restrictions apply. Please see a sales representative for details.)
Cost to purchase storage: $12,500.00 (+Restrictions apply. Please see a Sales Representative for details.)
Average price per Sq. Ft: $1544 - $1959 per Sq. Ft.

Incentives

EXTENDED DEPOSIT PROGRAM – SUMMER 2023
1 YEAR FREE MAINTENANCE + $10,000 off the Purchase Price Studio, 1 Bedroom and 1 Bedroom + Den Suites
$20,000 off the Purchase Price 2 Bedroom, 2 Bedroom + Den/Media Suites and Townhome
$30,000 OFF THE PURCHASE PRICE 3 Bedroom
FREE ASSIGNMENT + FREE RIGHT TO LEASE DURING OCCUPANCY

Deposit Structure

Studio, 1 Bedroom, 2 Bedroom $5,000 on signing
Balance to 5% in 30 days
2.5% in 380 days
10% on occupancy
3 Bedroom $5,000 on signing
Balance to 5% in 30 days
10% on occupancy

Amenities

Line 5 Condos will be made up of two buildings of 37 and 33 storeys, connected by a 9-level platform
It will be distinguished by its podium, elegant façade, opulent interior, and spectacular scale
On the seventh story, there are two outdoor BBQ and eating lounges, a party lounge, a catering kitchen, an art studio, and an outdoor theater
Outdoor pool and BBQ, dining room, outdoor games lounge, and much more are available on the ninth level
Ground-floor facilities include a 24-hour concierge, a juice and coffee bar, a fitness studio, a personal trainer studio, a spa lounge, and other amenities
The 3-level underground garage will include 402 parking spots and 990 bike spaces

Get the first access to the floor plans and price list.

Highlights

Located in Toronto
18 minutes drive to the University of Toronto and York University Glendon Campus
Nearby parks include Sherwood Park, St. Clements-Yonge Parkette and Cudmore Creek Park
13 minutes drive to from Leaside Village
4 minutes walk from Eglinton station
Easy access to Don Valley Parkway

Floor Plans

Neighbourhood

Line 5 Condos are situated in the Mount Pleasant West district. The neighborhood is located north of Mount Pleasant Cemetery in Midtown Toronto. A small number of office structures and expansive apartment and condominium complexes built between the 1970s and 2000s populate this area. Young professionals find the area alluring due to the abundance of stores, restaurants, and offices located at the intersection of Yonge and Eglinton.

This welcoming community is an ideal investment location due to the fact that 59% of the inhabitants fall within the working-class age bracket of 25–54. Additionally, the area boasts an exceptional walk score of 91 out of 100. Numerous municipal facilities, including employment centers, tourist destinations, retail complexes, restaurants, and cafés, are easily accessible to local residents.

Osgoode TTC Subway

Transportation

The condominium’s 87 out of 100 transit score indicates that it is located in a transit-friendly area, which guarantees convenience for the majority of journeys. The proximity of Line 5 Condos to the Eglinton subway station and numerous TTC bus routes facilitates a voyage downtown in an exceptionally expedient manner. Along the Eglinton corridor, construction is presently underway on the Eglinton Crosstown LRT, which will enhance access to various areas of the city.

Additionally, Bloor GO is accessible to residents within a 30-minute commute. Highway 401 and the Gardiner Expressway are connected via the Don Valley Parkway, which motorists will find convenient due to its brief distance.

Education

Additionally, the condo accommodates expanding families. This information presents persuasive justifications for allocating resources to this community. Educational institutions such as primary schools, universities, daycares, and high schools are all within close proximity to the condominium, catering to the needs of residents’ children or family members.

The distances between the Glendon Campus of York University and the University of Toronto are both under 18 minutes by car, reducing the amount of time postsecondary students must spend away from home in order to obtain an excellent education. This is an outstanding option for residing off-campus.

McMaster University

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Reserve Properties Ltd.
Reserve Properties is a real estate firm located at 110 Eglinton Ave. in Toronto, Ontario, Canada. E. They are proud of their work and are honoured to have been recognized for their commitment to quality, originality, and leadership within the development sector across North America, with 135 projects, 15,000 residences, and over 2 million square feet of commercial and retail space. Reserve Properties have been a driving force in urban transformation for four decades and two family generations.
Westdale Properties
Westdale Properties, a Toronto-based organization, has owned, managed, and developed North American real estate for over six decades. They possess expertise in mixed-use development and a unique vision for multi-residential real estate; they operate as a family-owned business. The Canadian real estate portfolio of the company comprises approximately 7,000 residential units and over 2.5 million square feet of retail, commercial, and industrial property. They own and manage nearly 35,000 residential units in 150 buildings across 30 cities, in addition to 3.0 million square feet of retail and office space managed by the organization.