Two New Towers at 99 Broadway Avenue in Toronto
The Citylights On Broadway is a proposed 2 towers with 34 storeys each connected by a six storey podium with a total of about 888 residential condominium units currently in pre-construction at 99 Broadway Avenue by Yonge Street and Eglinton Avenue in Toronto, Ontario by the Pemberton Group. 90% of the suites are priced between the $200,000's to $400,000's. The development is scheduled for completion in Fall/Winter of 2018.
This development includes the replacement of 32 rental units at 197 Redpath Avenue which is a three storey apartment building. This application proposes to also demolish two detached homes situated at 95 and 99 Broadway Avenue including the rental building on Redpath Avenue. The rental units will be replaced with the same number and types of units.
This proposal includes about 392 suites located in the North Tower and 496 suites located in the South Tower. These residential dwelling units will range in size between 414 square feet to 736 square feet. The unit types include a great selection of 1-bedroom units, 1-bedroom + den units, and 2-bedroom units. All of the 1-bedroom + den units will have two full bathrooms. Floor plate consists of five 1-bedroom, one 1-bedroom + study, two 1-bedroom + den (both north facing suites) and four 2-bedroom suites. Ceiling heights are approximately 8'6" and deposit structure is 30 days, 90 days, 420 days and occupancy.
There will be a total of about 366 parking spaces available in the 7 levels of underground parking of which 274 spaces are reserved for the residents of Citylights On Broadway. The parking and loading area is located on Broadway Avenue and Redpath Avenue.
Bright Lights Big City Condos at Yonge & Eglinton. The amenity area is proposed to be spread out over three levels of the podium. The amenities included will definitely appeal to the younger demographic group.
CityLights – Key Highlights
1. The Big Three – Critical Pillars of Growth (Infrastructure)
• Commercial Real Estate
• Retail Infrastructure
• Public Transportation
2. The Eglinton Crosstown LRT
• Project Cost: $5.3 Million
• Largest Public Transportation Project Since Yonge/University & Bloor/Danforth Subway Projects
• 19 Kilometers Long (10 Kilometers will be underground between Keele & Laird)
• LRT is faster than a subway train (24/km Vs 28/km)
• 25 Stops Between Mt. Dennis and Kennedy
• Completion Date: 2020
3. The Future of Toronto
The impact that the LRT will present to the City of Toronto will propel Yonge and Eglinton to become the Centre of Toronto. Invest before the LRT is built, not after. As of today, the construction and commitment to growth at Yonge and Eglinton will create a “Yonge and Bloor” environment as both of these intersections are the only ones that offer subway access North, East, South and West. The average renter cannot afford to drive, increasing the demand to live within a closer proximity to Subways (as well as Retail, Restaurants, Office Jobs)
4. The Neighborhood – LOCATION! LOCATION! LOCATION!
• Yonge & Eglinton is the second fastest growing employment centre of Toronto.
• The Avg. household income is approx. $129,000 VS. GTA Avg. approx $86,000
• Expensive, High-End Resale Housing and Condominium Submarket. Affordable Options Are Very Limited.
• Tenants Are Highly Qualified, Young Professionals.
• Walk Score: 93/100
• Transit Score: 91/100
Centre of Toronto Resale Neighborhood
Avg Detached Home - $1.3 Million (2014)
Ave Semi Home - $929,005 (2014)
Ave Condominium Price $518,957 (2014)
Register with us today for more information on the Citylights On Broadway Condominiums by Pemberton! We will start selling the North Tower first.
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In order for an investor to take the most advantage of Buying Pre-construction Condos is to buy before it’s open to the public. Prior to opening day of a new condo sales office to the general public, prices may have gone up by $10,000 to $20,000. By registering here today, you will have an opportunity to invest in a unit at the lowest price possible before it’s open to the public. This gives you Guaranteed First Access to inventory best pick at unit levels, floor plans, lowest prices guaranteed and Platinum Access Incentives & Promotions.
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Yonge & Eglinton Key Highlights.pdf
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Register today for more information on this project!
David Vu & Brigitte Obregon, Brokers
Cell: 416-258-8493 & 416-371-3116
RE/MAX Ultimate Realty Inc., Brokerage
1739 Bayview Ave Toronto, ON
Do Not Represent the Developer
We are independent Realtors with Re/Max Ultimate Realty Inc., Brokerage in Toronto. We specialize in pre-construction sales and through our developer relationships have access to INSIDER SALES & TRUE UNIT ALLOCATION in advance of the general Realtor and the general public.
If you are not currently working with a Realtor, we will provide you with a personal consultation to ensure your purchase is a smooth process. We will answer your questions and concerns and will provide you with all relevant information about the Agreement of Purchase and Sale, your rights as a Buyer and we will also assist you if needed until the closing date.
If this is your first time buying a pre-construction house/condo, we will give you professional guidance accordingly. If you are an investor, please contact us first for more details. We offer great advice and knowledge in this industry. You may contact our direct lines listed above for more information.
Register today for the Floor Plans and Price List. Please call or click the Platinum Access Registration button in order to register with us to receive updated information and for future Platinum VIP Preview Sales Event for this project.