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PRICES ARE TBA.
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250 University Avenue Condos Status: Pre-construction
250 University Ave Condos designed by IBI Architects with heritage specialists GBCA Architects, along with the building’s applicants Northam Realty Advisors proposed a 54-storey mixed-use building to be located in Downtown Toronto. The expected occupancy date for this condo is still yet to be announced.
250 University Ave Condos will be built atop of an existing 8-storey office building that was originally built in 1958 on the southwest corner of Queen and University. 250 University Ave Condos will contain approximately 12,463 sq.m. of office space which will help promote and expand more job opportunities to the area. 250 University Ave Condos will also be expected to house 495 residential units which will consist of 80 1-Bedroom units, 328 2-Bedroom units and 87 3-Bedroom units. Some suites will also feature private balcony space as well. With larger units in Downtown Toronto not being very common, 250 University Ave Condos is sure to accommodate to many different people’s needs and requirements.
In addition to all the office and residential space, this condo also offers underground parking with plenty of parking opportunities. There will be approximately 48 residential parking spaces and 562 bicycle parking spaces available for this condo’s residents. This development will also feature both indoor and outdoor amenity space which will likely feature an indoor fitness facility and perhaps an outdoor terrace/lounge space where residents can enjoy stunning skyline views.
What makes 250 University Ave Condos even more attractive is its central location. Residents will have access to tons of restaurants, shops and entertainment options. 250 University Ave Condos has a 100/100 walk score, 100/100 transit score and a 56/100 bike score — everything is accessible in just steps or a short TTC-ride away. Residents will only be steps away from Osgoode station where they will have direct access to Line 1. Residents will also be a less than 10-minute walk away from OCAD University and a less than 20-minute walk/10-minute TTC ride to the University of Toronto or Ryerson University.
Residents also have tons of access to endless entertainment and night-life options. In less than a 10-minute TTC ride, residents can enjoy shopping and dining around the Eaton Centre. In less than a 10-minute walk, residents can spend a day enjoying art exhibits at the AGO. Residents also have quick access to great nightlife, including Fiction, Crocodile Rock and Maison Mercer — all easily accessible from 250 University Ave Condos.
Residents will also be a less than 15-minute TTC ride from different areas around Toronto, including Chinatown to the west, the Entertainment District to the Southwest and the Financial Districttowards the Southeast of 250 University Ave Condos.
250 University Ave Condos would be an ideal condo for students, young couples and professionals, and of course for investors. With this prime location close to the universities and colleges in Downtown Toronto, 250 University Ave Condos would be great for students who have to make their way to class day in and day out, and who prefer to opt out of long commute times and excessive traffic. This condo would be ideal for young couples and professionals who work in the Downtown core who also want quick access to work and after-hour activities without having to go too far from home. Investors will also be extremely interested in investing in this condo considering the high rent costs in Toronto, and the consistent demand for more rental properties in the Downtown core.
If 250 University Ave Condos is suitable for you, give us a call at 416-721-3670!
250 University Ave Condos Perks:
- 100/100 walk score
- 100/100 transit score
- 56/100 bike score
- heart of Downtown Toronto
- Steps to Osgoode station
- Close to OCAD, U of T & Ryerson