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This sparkling mixed-use tower will make a great option for investors and executive professionals. Ideally situated in Toronto’s Financial District, steps from the subway and Eaton’s Centre, It is an ambitious project in the pre-construction phase by experienced developers, Davpart.
This building will make a great option for those considering an investment opportunity or an income property. Situated at the crossroads of three high-density employment areas - Bay Street Corridor, Hospital Row and the Financial District – suites in this contemporary condominium will be in high demand for the executive tenant. Both Ryerson University and the Ontario College of Art and Design (OCAD U) are within walking distance as well, providing another potential tenant base.
At this condo building, you’re steps from an abundance of dining options, from upscale coffee bars to Sushi restaurants to European-style bistros. For all your shopping needs, you’re minutes from the newly-renovated Eaton Centre and the selection of retail that lines Yonge Street.
This Financial District Condominium also puts you within a quick stroll of some of downtown Toronto’s most eclectic neighborhoods, such as Chinatown, Kensington Market and Queen Street West. Need your arts and culture fix? Head over to The Art Gallery of Ontario or Dundas Square, which is a major hub for music and cultural festivals all-year-round.
Proximity to the subway, just down the street, makes getting around the city a breeze, wherever you’re headed.
481 University Condos Highlights
Location of 481 University Condos has a walk score of either 99 and a transit score of 100! You can quickly get around by foot or transit, its a short walk to 505 Dundas Streetcar, St. Patrick & Osgoode subway station. The Financial District, Hospital District and the Discovery District are all within walking distance as well. It is close to all necessities such as parks, schools, shops, restaurants and office buildings. 481 University Residences puts you within a quick stroll of some of downtown Toronto’s most eclectic neighborhoods, such as Chinatown, Kensington Market and Queen Street West.
In The Neighbourhood
481 University is in the Bay Street Corridor neighbourhood of downtown Toronto which is home to the Art Gallery of Ontario, Ontario College of Art and the Ontario Crafts Council. Grange Park is located right between the Chinatown district and also the Bay Street Corridor which is one of Toronto’s most densely populated neighborhoods. Located in the heart of downtown Toronto, condominiums of 481 University Avenue offers an array of fashion boutiques, cultural and entertainment venues, specialty markets, coffee shops and some of the city’s hottest restaurants. Every great city has its iconic avenue, rich in history and heritage. New York has Park Avenue, Paris has Avenue Champs-Élysées, and Toronto has University Avenue, its most ceremonial Grand Avenue.
481 University Condos Details
481 University Condos is a part of Toronto’s heritage inventory owned by Davpart, a real estate investment and property management company. The proposals for this tower just north of Dundas Street West call for a 55-storey structure with 748-dwelling units, plus upscale office space. B + H Architects is designing this contemporary building with 134-bachelor suites, 328-one bedroom units, 219-two bedroom suites and 67-three bedroom units. The design is submitted for a classic and stately office complex with limestone columns lining a widened sidewalk along University Ave. Above, the tower will boast sleek, contemporary lines as it rises dramatically above the bustling downtown core.
Life At 481 University
Living at 481 University condominium residences gives you all sorts of choice when it comes to getting around. Luxury condos are something that is rare in this central upscale vicinity with a perfect 100/100 WalkScore, be just moments to the Toronto Eaton Centre Shopping Mall, Yonge-Dundas Square, Ed Mirvish Theatre and much more, Located nearby major hospitals including Toronto General, Sick Kids and Princess Margaret, Located nearby both University of Toronto and Ryerson University, Quick access to the Financial District & luxury shopping in Yorkville. Perfect 100/100 TransitScore, Steps to the Osgoode and St. Patrick Subway Line. Top location, desirable amenities, conveniences and superb transit access make 481 University condos an ideal investment.
Davpart is the builders behind the project 481 University Condos, are proud to be Canada’s most sophisticated and innovative privately owned real estate corporations.
481 University is owned by Davpart, a real estate investment and property management company. In fact, their holdings on this block bounded by University, Edward, Centre, and Dundas Streets include all of the properties. Currently, that’s a 10-storey commercial office/retail building at 481 University, 4 storeys at 137 Edward Street, 4 storeys at 70 Centre Avenue, and 9 storeys at 210 Dundas Street West. Three of the four are listed as part of Toronto’s heritage inventory, the exception being the Edward Street building.
Davpart proposes to renew the 10 and 9-storey office buildings and add a residential tower in the northeast corner of the lot, rising to 55 storeys. We will look more at the plans for the tower and the office floors in a future article, but there are other significant aspects of this project to consider first, and that’s what’s going on at ground level, and particularly along Dundas Street. Their previous projects include Avro Condos.