Park Road Condos is a new condos project which will be located at the Toronto’s prestigious Yorkville neighborhood. This project is by experienced developer Capital Developments.
.
.
.
Condo units starting Base price from low $600s (subject to change). Register now to book your unit and also avail the best incentives
.
.
Details of Park Road Condos
.
- Development name – Park Road Condominiums
- Developer (s) – Capital Developments
- Architects – Diamond Schmitt Architects Inc.
- Interior Designer – TBA
- No. of Tower/s – 1
- No. of floors – 27 storeys
- Total No. of units – 302
- Suites Starting floor- TBA
- Sq. footage for Condos from – 340 sq. ft. to 921 sq. ft.
- Ceiling height – 8.5 Feet to 9 Feet; 10 feet for Penthouses
- Suites availability in – Studio, 1BR, 1BR+den, 2BR, 2BR+den
.
Highlights & Why to buy unit at Park Road Condos –
.
- Location: Park Road in Yorkville is situated in one of Toronto’s most prestigious and desirable neighborhoods. Yorkville is known for its upscale and vibrant atmosphere, offering a mix of luxury boutiques, art galleries, fine dining, and cultural attractions.
- Transit– Park Road Condominiums is located steps away from all types of world class transits. Subway is located just at a short walk. This project residents will have access to best transportation system with transit score of 90/100, Walk Score 100/100. Residents can leave the vehicle behind and use the well available transit systems to reach the downtown core, financial district.
- Lifestyle Amenities – Park Road Condos will be one of the newest addition to Capital Developments buildings. This high rise condominiums project will offer luxurious amenities and superior suite finishes. Residents will enjoy and utilize best amenities, amazing transportation, educational institutions & universities, and major downtown employment hubs. Nearby landmarks are – Hudson Bay Centre, Bata Shoe Museum, Royal Ontario Museum, Gardiner Museum, and Blu Restaurant
- Education & Accessibility – The Yorkville area offers access to reputable educational institutions. Families with children may find schools like Jesse Ketchum Junior and Senior Public School, as well as private schools in the surrounding area, providing quality education options. University Of Toronto (U of T St. George Campus) is located at 10 minutes walk. Ryerson University is located at 2.1 km from Park Road Condominiums. OCAD university is just 3 km away from this new condos project.
- Employment – Park Road Condos residents will be living close to employment hubs at financial and entertainment districts. Downtown Toronto core which is house of all big financial institute offices, hospitals, queen park, east harbour, and tech companies. Big companies such as Google, Amazon, Uber has leased thousands of square footage of commercial space in Toronto recently which will bring up thousands of new jobs in the area. Toronto Yorkville area is the residence of one of the highest per capita income group people.
- Investment Potential – Properties in the Yorkville area tend to hold their value well due to the neighborhood’s desirability, making it a potentially good investment opportunity
- Resale Value: Yorkville is a prime real estate location, and properties in this area often hold their value or appreciate over time. This can be advantageous if you decide to sell the condo in the future.
.
.
Renderings & Important Facts about Park Road Condominiums –
.
.
.
.
.
.
Information for Investors –
.
- Rentability– Neighborhood vacancy rates below 2% with less than 21 days on market
- Rental Appreciation– Rental rates appreciated an average 25% – 30% year over year (Source – Toronto Real Estate Board)
- Rental Rates in the area are following-
Studio – $2100 – $2350, Median – $2150, DOM- 4 - 1 Bedroom– $2450 – $3100, Median – $2600, DOM- 11
- 1 Bedroom + Den- $2675-$3400, Median- $3075, Median DOM- 6
- 2 Bedrooms- $3300 -$9500; Median – $3700, Median DOM- 8
- 2 Bedroom + Den- $3990- $4000; Median – $3995, Median, DOM- 3
- 3 Bedroom- $5000- $6300; Median – $5100, Median, DOM- 7
(These are last 60 days stats from the date of updating this webpage i. e. Aug, 2023)
.
.
Walkscore –
.
.
.
Location of Park Road Condos Toronto –
.
717, Church Street, Yorkville, University—Rosedale, Old Toronto, Toronto, Golden Horseshoe, Ontario, M4W 3G7, Canada
.
.
Building amenities at Park Road Condominiums –
.
- Yoga & Virtual Studio
- Fitness Studio
- Personal Training
- Salt Wall & Meditation lounge
- Infrared Sauna
- Treatment room
- Cardio Hub
.
.
Special Extended Deposit Structure – (Payable to Aird & Berlis LLP In Trust)
.
- $10,000 Bank Draft on Signing as demand draft; Balance of 5% in 30 Days
- 5% in
120180 days - 2.5% in
250410 days - 2.5% in 600 days
- 5% on Occupancy
. - 3 BEDROOM SPECIAL DEPOSIT PROGRAM
- $10,000 Bank Draft with offer
- Balance to 5% in 30 days
- 5% in
120180 days - 10% on Occupancy
.
Parking
.
TBA
.
Locker
.
TBA
.
Occupancy
.
Q1 2027
.
Maintenance Fee
.
Approx. $ TBA per sq. ft.
.
VIP/Platinum Incentives
.
- Assignment
- Capped Levies
- Extended Deposit Structure
- And Many more
Big Incentives. Please register below
.
VIP/Platinum pricing
.
Please Register
.
Floor Plans
.
Please Register
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
—————————————————————————————————————————————————
Copyright © 2023. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyers/clients of units. We are independent brokers; representing buyers. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted.