Akra Condos is a lucrative new condos project coming up at Yonge Street and Eglinton Ave. Toronto. This new development is by Curated Properties.
.
.
Details of Akra Condos
- No. of floors – 22
- No. of units – 200
- Suites Starting floor- 2
- Number of suites/floor – TBA
- Development Name- Akra Condomniums
- Developer (s) – Curated Properties
- Architects – Raw Design
- Ceiling height – 9′
- Sq footage from – 408 to 1482 sq. ft.
- Available in Studio, 1 BR, 1 BR+Den, 2 BR, 3BR
- No. of Floor plans – TBA
.
Akra Condos Project Video-
.
Akra Condos – Yonge Street and Eglinton Ave Neighborhood-
Akra Condos is located in the neighborhood of Yonge and Eglinton, which has become one of the fastest and largest employment centre.
Over $100 million has been spent recently to re-develop and upgrade this neighborhood. This new vibrant and modern development offers you everything from LCBO, Winners, Goodlife fitness to Sephora and many more. There are plenty of recreation opportunities available like eateries, theatres, clubs, parks and historical Casaloma.
Another good news is that new 19 km LRT will begin tentatively from late 2022, which will reduce travel time. It will also link Pearson Airport to Scarborough. Transit, which includes GO station, subway station will be very easily accessible. With a near perfect walk score of 96/100, Akra Condos is a walker’s paradise. Grocery stores, coffee shops, bars etc. are just within walking distance.
.
Highlights and why to buy a condo unit or invest in Akra Condos –
.
- A small walk to Yonge Eglinton Centre
- Steps to underground Yonge Subway line, the occupants can take a big advantage to travel to downtown, york & north york
- Located near to upcoming Eglinton Crosstown LRT Lane, which will be already in existence by the time occupancy happens for this lucrative project
- 7.5 Km from University Of Toronto
- 7.8 km from OCAD University
- Ryerson University is just 5.5 kms away
- Located in the North Toronto neighborhood
- Close to all amenities, banks, restaurants and schools
- Transit Score of 96/100
- Walk Score of 98/100
- Bike Score 73/100
.
Information for Investors of Akra Condominiums –
.
- Rentability – Neighborhood vacancy rates below 1% with less than 10 days on market
- Rental Appreciation – Rental rates appreciated an average more than 8 % year over year (Source – Toronto Real Estate Board)
- Rental Rates in the area range with the following-
1 Bedroom- $1950- $2150; Median- $2080
1 Bedroom + Den- $2000-$2320, Median – $2140
2 Bedrooms- $2700-$3200, Median – $2950
2 Bedroom + Den- $2950 -$3300; Median – $3100. Bigger Penthouses even rented higher upto $5600 per month
(These are last 90 days stats from the date of creating this webpage i. e. 12 June, 2022)
.
Renderings of Akra Condos Toronto –
.
.
Location of Akra Condos project
.
109, Erskine Avenue, Yonge & Eglinton, Don Valley West, Toronto, Golden Horseshoe, Ontario, M4P 2H5, Canada
.
Walkscore of Akra condos location
.
.
Building Amenities –
.
- Fitness Studio
- Yoga Studio
- Zen Garden
- Herb Garden
- Spa
- Terrace
.
Platinum Extended Deposit Structure –
All bank drafts and deposit cheques should be made payable to HARRIS
SHEAFFER LLP in Trust
.
- $10,000 on signing; Balance of 5% in 30 days
- 2.5% in 90 days from date of signing
- 2.5% in 120 days from date of signing
- 2.5% in 370 days from date of signing
- 2.5% in 540 days from date of signing
- 5% on Occupancy
.
Maintenance fee
Estimated at $0.69/Sq Ft (Individually metered for hydro and water)
Parking $99.95
Locker $34.95
.
Parking
$110,000 (Available for suites 900sf and larger)
.
Locker
Waitlisted
.
Expected Tentative Occupancy
July 2025
.
Platinum VIP Incentives (LIMITED TIME)
Please register
.
Platinum prices
Please register
.
Floor plans
Please register
.
.
.
.
.
.
.
.
Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. E & O E