Madison Group is bringing a unique new boutique condo community known as Capitol Condos to Midtown Toronto’s popular Yonge & Eglinton corridor. This luxurious new development, which is located at 2500 Yonge Street, has all the makings of a future neighbourhood landmark. It marks an exciting ownership and investment opportunity in one of the city’s most desirable and sought-after areas.
Madison Group recognizes the historic significance of the Capitol Theatre, and has taken steps to ensure that its heritage is incorporated into the project. The resultant building is planned to be a nod to local history while making a bold statement about its exciting future. Read more about Madison’s heritage retention plans here.
|Project Name||Capitol Condos|
|Location||2500 Yonge Street, Toronto, M4P 2H7, Ontario|
|Development Team||Madison Group|
|Starting Price||From the $1,000,000s|
|Number of Storeys||14|
|Number of Units||142|
|Unit Sizes||1-3 bedrooms (up to 3,000 sq.ft)|
|Sales Status||Coming Soon – July/August 2021|
Capitol Condos: Project Overview
Also known simply as 2500 Yonge Condos, Capitol Condos is differentiated by fascinating architecture that fuses heritage and futuristic elements. According to the current site plan, the building will feature a 14-storey tower rising from a podium base that will preserve the facade of the existing Capitol Theatre.
Architectural renderings show a stepped-back design that allows for large balconies in most units, while an extensive lineup of essential on-site amenities and community features will enhance its livability.
Available building amenities are set to include:
- Social club featuring lounge and dining areas
- Fully-equipped gym
- Outdoor lounge & dining areas
- Children’s play area
- Pet spa
- Golf simulator
- 24-hour concierge
- Automated parcel storage
- Guest suite
Capitol Condos Condos: Location Profile
The Yonge and Eglinton area has long attracted chic and successful professionals, functioning as a kind of “downtown north” complete with its own financial centre. Recent years have seen a flurry of new high-density residential buildings join the neighbourhood, which has greatly elevated its profile and inspired a wave of commercial development.
According to recent neighbourhood reviews published in Toronto Life, Yonge and Eglinton is one of the most sought-after and desirable destinations in the city. It scores particularly well for its excellent transit connections, strong employment prospects and job growth, well-developed healthcare services, and outstanding dining and entertainment.
Key neighbourhood highlights include:
- The Yonge Eglinton Centre, a major shopping mall and entertainment hub
- TTC subway service on Line 1 (Yonge-University-Spadina)
- Excellent transit connections, especially given the impending completion of the Eglinton Crosstown LRT
- Easy access to the 400, 401, and 407 via Allen Road
- Beautiful green spaces headlined by the 22-acre (9-hectare) Eglinton Park
Affluent, welcoming, and centrally located, Yonge and Eglinton has earned its reputation as one of the city’s most desirable neighbourhoods.
Now Is a Great Time to Invest in New Yonge and Eglinton Condos
The Yonge & Eglinton corridor shows no signs of slowing down, with condominium values in the area surrounding Capitol Condos continuing to post healthy increases. Insiders expect property value growth to accelerate once the high-speed Eglinton Crosstown line starts operating in 2021, making now an excellent time to plan your move into this stylish and vibrant Midtown Toronto condo community.
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