Get First Platinum Access to E2 Condos at ePlace | Live right above the new Eglinton Crosstown LRT
E2 Condos is a new condominium development by Capital Developments & Metropia and designed by TACT Architecture Inc. It is Located at 39-41 Roehampton Avenue, Toronto in the Yonge & Eglinton neighbourhood with a 98/100 walk score and a 94/100 transit score. The building is 48 storeys tall and has a total of 617 residential units. Yonge and Eglinton is the second largest and fastest growing employment centre in Toronto, with the highest density of employment in the city.
E2 Condos at Yonge and Eglinton will form the second phase of a very successful ECondos development. It will consist of mix size units that will comprise of 1-bedroom, 1-bedroom plus den, 2- bedrooms and 2-bedrooms plus Den units. E2 Condos will offer numerous amenities including the standard first-class gym facility, game room, separate dining spots, party lounge, theatre hall, plus so much more. The condos is estimated to be completed in 2021 and the launch is slated for October 2017.
When completed in 2021, the 19km LRT will significantly cut travel time while linking to 54 local bus routes, three subway interchanges and GO Transit. It means getting to the Eaton Centre in just 20 minutes, Union Station in 24, and Pearson International Airport in as little as 45. Connection to all parts of the GTA is now within reach hence making E2 Condos a prime investment opportunity
DARING & DRAMATIC
The bold style of E2 Condos has amenities to match. Open concept layouts feature contemporary designer kitchens with integrated appliances and ultra-fashionable finishes. With access to luxurious party lounges, dining at al fresco, yoga studio, boxing gallery and building terrace.
Yonge and Eglinton is a self-contained and well-established neighbourhood surrounded by Georgian-and-Tudor-style homes, peppered with some older, taller buildings. The area is experiencing massive growth, especially since the LRT became a reality. Surrounded by Forest Hill, Lawrence Park and Lytton Park, Yonge and Eglinton brushes shoulders with some of the city’s most prestigious addresses hence making any investment in this location one to be savoured.
Currently completing a $100 million upgrade. Retail space is being renovated and expanded. Major retail tenants include Urban Outfitters, Indigo, Metro, Cineplex, LCBO, GoodLife Fitness, Winners, Toys R Us, with prominent corner space anchored by the likes of Sephora. A total of 12 additional floors to be added to the 2 existing office buildings, providing more employment opportunities.
Number of Units: 617 Suites
Here’s a look at some of the key features which buyers and investors can expect with this new development:
√ Direct indoor connections to the Yonge Eglinton Centre mall and Eglinton TTC subway station
√ 24-hour concierge service
√ Fully furnished, bookable guest suites
√ Outdoor terraces and barbecue areas
√ Community lounges and dining facilities
√ Bookable media rooms and party rooms
√ A fully equipped exercise room, with an on-site sauna, yoga and Pilates studio, and swimming pool
E2 Condo Highlights:
√ Walkscore of 98/100
√ Direct connection to the subway and Crosstow LRT
√ Direct access to the underground mall
√ Steps to parks, restaurants entertainment, banks and nightlife
√ The Eglinton LRT line (will connect Pearson Airport to Scarborough and run through the Yonge Line at Eglinton)
√ Steps to the $100 million redevelopment of Yonge & Eglinton centre
YONGE-EGLINTON IN MIDTOWN TORONTO
This affluent community in Midtown Toronto is one of four central business hubs other than Downtown Toronto. The neighbourhood is home to a number of popular locations such as the Canada Square Complex, Royal Ontario Museum, Casa Loma, Toronto Public Library, and The Annex (neighbourhood community, of the city’s wealthiest areas). E2 Condos will offer a convenient underground access to the three other corners of Yonge and Eglinton, you can connect with the Yonge subway, Eglinton’s LRT system and dozens of retail establishments. Shop, have dinner, enjoy a movie or travel across the city, without ever going outside. The building will also have a three-level underground parking garage, with 131 parking spaces and 618 bicycles spaces.
THE CROSSTOWN LRT
The Crosstown LRT is part of the $8.4 billion investment from the Ontario government to expand transit in Toronto. The Crosstown project is the largest transit expansion in the history of Toronto. The Crosstown LRT will run across Eglinton Avenue, between Weston Road and Kennedy Station. This 19-kilometre corridor will connect residents with all points north, south, east and west of the city. With 25 stations and stops, links to 54 bus routes, three subway stations and various GO Transit lines, residents will have numerous easy and convenient options to get anywhere in the city. Construction is currently underway and the Crosstown service will begin in 2021.
YONGE & EGLINTON CENTRE
Rio Can is in the process of completing a $100 million dollar makeover of the Yonge Eglinton Centre. At street level, an extension to the podium dubbed ‘The Cube’ is now under construction. It will add 40,000 square feet of retail space, extending the existing mall towards Eglinton Avenue West into the existing open plaza on the southeast corner of the site. The Cube will feature a combination of glass and metal finishings with extensive fenestration at ground level, blending the shops into the streetscape, and creating a welcoming and open entrance for pedestrians. Yonge & Eglinton offers fine dining, casual clubbing, boutique shopping and excellent recreational options.
Why You Should Consider Investing Here
E2 Condos features superb suite finishes, remarkable amenities and spectacular views. However, that is not the reason why you should get excited about the condos. Any shrewd investor should look closely at these condos. Here are compelling reasons why:
1. The upcoming Eglinton LRT line – This is the top reason why any discerning investor should consider investing in these condos.The new transit line which is currently under construction will be a big deal since it will finally link Pearson Airport to Scarborough. It will be running straight through the current Yonge line at Eglinton. This will definitely change this neighbourhood. The moment the line becomes active, Yonge and Eglinton will quickly be transformed into a major hub.
2. Fast neighbourhood growth – Propped up by the transit line, there seems to be a considerable amount of money being pumped into
Yonge & Eglinton’s growth. Recently, Rio Can announced a $100 million investment into the re-development of Yonge-Eglinton centre that will include additional public space that will comprise of a large stage – probably Yonge & Dundas – as well as more shopping utilities. The area has been experiencing rapid development and on continuous basis. It is rumoured that Cadillac Fairview are looking at a sight in the locality for a 1 million sq. ft. mall equivalent to Sherway Gardens, and Loblaws are scheduled to open a 40,000 square foot grocery store.
3. Direct Access to transportation as well as underground mall – Although there are several new condo projects which are coming to Yonge and Eglinton, there is something that actually puts E Condominiums in a class of its own – and that is its direct link to the transit system plus underground mall at Yonge & Eglinton. Accessing underground networks directly is a big plus, especially considering our harsh winters. Here, residents will easily access the underground transport network just by simply clicking a button in the elevator.
4. Almost 100% walkscore – The site where E Condominiums are situated is a walkers’ paradise boasting of a near-perfect walkscore of 98/100. This means that all the major amenities – including grocery stores, eateries, coffee shops, bars, schools, parks, etc. can be reached within walking distance. Neighbourhoodswith high walkscores are known to enjoy high rental as well as resale rates.
5. Soaring rental rates – Rental rates in Yonge & Eglinton neighbourhood have traditionally been on a rapid upward trend with rental rates currently similar to – if not higher than the Downtown Centre. Being close to the main amenities, E2 Condos present an incredible investment opportunity to investors since the prices are likely to increase in the future owing to fast and continued developments in the neighbourhood.
Metropia is a proudly Canadian builder specializing in the development and construction of high-density urban communities. Inspired by the values of urban renewal, Metropia has spearheaded many successful projects in the Greater Toronto Area and Calgary. The company has assumed an environmental stewardship role, emphasizing the importance of sustainability and next-generation building technologies that reduce emissions and help future residents cut down on energy consumption. The company is led by Howard Sokolowski and David Speigel. Mr. Sokolowski is widely viewed within the real estate industry as an inventive and respected developer, and his planned communities have won multiple awards. Mr. Speigel is considered one of Canada’s most respected industry leaders in the planning, construction, and completion of low-rise and high- rise residential developments. Together, Mr. Sokolowski and Mr. Speigel have championed the successful development of over 25,000 Canadian homes. Metropia’s portfolio of Toronto-area properties includes: Exhibit (Avenue & Bloor), Queen + Portland (Downtown Toronto), 1717 Avenue (Midtown Toronto), 181 Bedford (Downtown Toronto), Emerald Park (Yonge & Sheppard, Uptown Toronto), The Yorkdale (North York), AYC Condos (Downtown), The Rocket Condos (North York).
Capital Developments is a Toronto-based real estate developer and builder, and was founded by Todd Cowan and Jordan Dermer. Metropia is a Toronto-based real estate developer specializing in developing high-end communities in the Greater Toronto Area and Calgary. Capital’s portfolio includes 150 Redpath Condos (Yonge-Eglinton, Toronto), 155 Redpath Condos (Yonge-Eglinton, Toronto), Art Shoppe Lofts + Condos (Mount Pleasant West, Toronto), Ma Condos (Snowdon), Sixty Colborne Condos (St. Lawrence, Toronto), and West Block (Downtown West End, Toronto).
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