Yonge + Rich Condos
Sold Out Dec 2024
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All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
Yonge + Rich Condos is a new condominium development by Great Gulf Homes that is now complete located at 25 Richmond Street East, Toronto in the Downtown Core neighbourhood with a 100/100 walk score and a 100/100 transit score. Yonge + Rich Condos is designed by architectsAlliance and will feature interior design by Burdifilek. Development is scheduled to be completed in 2021. The project is 45 storeys tall (154.0m, 505.2ft) and has a total of 682 suites ranging from 459 sq.ft to 1009 sq.ft. Yonge + Rich Condos is the #1610 tallest condominium in Toronto and the #33 tallest condominium in Downtown Core.
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About Downtown Core
Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm
Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:
Why People Love the Downtown Core:
- Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
- Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
- High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line.
Local Amenities and Real Estate Highlights:
- Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
- Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
- Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers.
Real Estate Dynamics:
- Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location.
- Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
- Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.
Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.
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- Interior Designer
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Key Information
1009 sq.ft
Yonge + Rich Condos Project Details
-The project stands 45 storeys and houses 681 suites
-Priced from $277,990
-Suites range from 459 sq.ft. to 894 sq.ft.
-Expected Occupancy in 2018
-Double Heigh Lobby and extensive amenities
-Amenities include: Yoga, his and her steam and change rooms, cardio room, weight room, fitness training room and a stunning outdoor area including a swimming pool, BBQ area, seating and a stunning garden
-Architecture by architectsAlliance, Interiors by Burdifilek
Yonge + Rich Condos: The Developer
-Developed by Award Winning Great Gulf Homes, one of Toronto's leading developers
-Same developer as popular projects such as One Bloor Condos, Monde Condos, X Condos and much more (browse all condos by Great Gulf Homes)
-Developer for over 35 years and have built over 40,000 homes
Yonge + Rich Condos: The Location
-Located at Yonge & Richmond in Toronto's Downtown Core and Financial District
-99/100 WalkScore, walk to Shopping, Jobs, Restaurants and much more
-Steps to the Eaton Centre
-Steps to St. Michaels Hospital
-Steps to Bay & Adelaide, the heart of Toronto's Financial District
-Steps to the PATH network, an underground network of shops, restaurants and walkways for those frosty winters
-100/100 TransitScore
-Steps to the Yonge-University Subway Line
- Lounge
- Exercise Room
- Rooftop Terrace
Additional Information
682 Suites
Show Available & Sold | Suite Name | Suite Type | Size | View | Floor Range | Price |
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All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
- Launch Price/ft
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- Current Price/ft
- $0 /ft
- Change from Launch
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