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Starting From: CAD 979,900

The Capitol Residences

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2500 Yonge Street, Toronto, ON

High-Rise Condo in Toronto

Last Updated: May 15, 2024

ABout

Embrace the rebirth of the famed Capitol Theatre into a stunning residence that provides a dramatic dynamic combining old and new.

This spectacular mixed-use high-rise condominium is being developed by Madison Group and Westdale Properties, two of Toronto’s most notable land developers known for generating successful developments and vibrant communities. The magnificent building is now under construction at 2500 Yonge Street in Toronto, ON, and is expected to be finished in 2025.

The Capitol Residences will be 14 stories tall and house 145 well-designed apartments. The suite sizes will range from 770 to 1,910 square feet, and the floor plan will consist of one to three bedrooms, catering to various lifestyles. The architectural aspect of this project is handled by the award-winning architecture firms Turner Fleischer Architects and Hariri Pontarini Architects, while the interior design will be curated by the renowned Studio Munge.

Units in this Toronto condo for sale start at $979,900.

Property Details

Pricing & Fee

Current Incentives

FREE ASSIGNMENT* (Regular Assignment Fee of $10,000)
PERMISSION TO LEASE DURING OCCUPANCY*
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

Deposit Structure

5% DEPOSIT STRUCTURE ON GALLERY SUITES
$10,000 on Signing
Balance to 5% in 30 Days
5% on December 1, 2024
10% on Occupancy
EXTENDED DEPOSIT STRUCTURE ON MARQUEE SUITES
$10,000 on signing
Balance to 5% in 30 days
5% in 90 days
5% in 500 days
5% on Occupancy

Pricing & Fee

Available unit price: From $979,900 - $2,599,900

Amenities

Outdoor Lounge and 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 features a Lounge and Dining
Luxurious Outdoor Lounge and Dining Area

Floor Plans

The Capitol Residences Location

The Capitol Residences is a new condominium development by Madison Group and Westdale Properties currently under construction located at 2500 Yonge Street, Toronto, in the Lytton Park neighbourhood with a 96/100 walk score and an 87/100 transit score. Residents enjoy living here since there are so many retail malls, schools, restaurants, and nightlife options nearby.

This gorgeous neighbourhood offers an abundance of urban lifestyle amenities. Residents find it quick and easy to shop for necessities at Yonge Eglinton Centre, just a 7-minute walk away, and Yorkdale Shopping Centre, which is only a 10-minute drive away. Additionally, outdoor activities are plentiful, with top parks like Eglinton Park, Sherwood Park, Blythwood Ravine Park, and more. Not only that, but golfers may enjoy smashing their opponents’ scores at some of the best golf courses and facilities in the area, including Don Valley Golf Course and Rosedale Golf Club.

Highlight At The Capitol Residences

Located in Toronto's Lytton Park neighbourhood
9-minute walk to Eglinton Station
19-minute ride to Union Station
Direct access to Don Valley Parkway and Hwy 401
22-minute drive to Toronto Pearson International Airport
7-minute walk to Yonge Eglinton Centre
10-minute drive to Yorkdale Shopping Centre
Nearby parks include Eglinton Park, Sherwood Park, and Blythwood Ravine Park
Short drive to Don Valley Golf Course and Rosedale Golf Club
14-minute drive to Yorkville University, Toronto Metropolitan University, and the University of Toronto-St. George Campus
8-minute drive to Sunnybrook Health Sciences Centre
20-minute drive to Toronto General Hospital

Neighbourhood

train station image by Felix Büsselmann from Pexels.com

Transportation

Residents will find the Capitol Residences quite transit-friendly, with Eglinton Station approximately a 9-minute walk away, connecting riders to Toronto’s transportation hub, Union Station, with approximately a 19-minute transit ride. The Don Valley Parkway and Hwy 401 are also just a short drive away.

Residents can also drive 22 minutes to Toronto Pearson International Airport to catch a flight.

Education

The educational institutions in this neighbourhood are one of its best attributes as a family-friendly community. It is close to elementary and secondary schools, providing parents with a range of educational alternatives for their children. Moreover, there are several outstanding universities in the area for post-secondary education. Both Yorkville University, Toronto Metropolitan University, and the University of Toronto-St George Campus are less than a 14-minute drive away, making them good off-campus living options.

Toronto’s robust real estate market is expected to increase property values over time, making buying The Capitol Residences a wise investment based on market conditions and financial objectives.

student image from pexels.com

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Developer

Madison Group
The Madison Group, founded in 1960, has grown from a successful family business to a multifaceted company that owns, develops, and maintains historic residential and commercial buildings. Madison's diverse portfolio spans Toronto and New York and includes mixed-use high-rise developments, low-rise master planned communities, offices, retail, luxury industrial, rental, and retirement assets.
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.

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