WELCOME TO LINE 5 CONDOS AT 117 BROADWAY AVE
DEVELOPED BY RESERVE PROPERTIES
A premium new high-rise condominium community is on its way to Toronto’s popular Yonge-Eglinton corridor. Branded as Line 5 Condos, the project is a joint venture between two of the GTA’s most trusted developers, Reserve Properties and Westdale Properties. It is being designed by the renowned professionals at Graziani + Corazza Architects, which is widely recognized as one of Canada’s most accomplished design studios.
Line 5 Condos at 117 Broadway Avenue will add signature flair and distinctive character to this
well-developed quarter of the city. The Yonge-Eglinton area has long been in vogue
with stylish professionals, and it also has strong appeals to families with young children.
This project consists of a pair of sleek high-rise towers, which will house hundreds of
luxurious suites in a full range of floorplan configurations.
Luxurious Living in the Heart of the City
The two towers proposed for this condominium community are slated to reach maximum heights of 33 and 36 storeys, respectively. Each tower will have its own podium at 6 and 8 storeys. Sources indicate that the high-rise towers will house a combined total of 701 condominium suites, though other published reports put the number of units at 990. Either way, demand is expected to be strong once these details are finalized, as the Yonge-Eglinton corridor continues to benefit from very high demand and above-average property appreciation rates.
At present, the developers have yet to release detailed information about the building materials and suite finishes, and only rudimentary architectural renderings have been published. The available information indicates the two towers will feature symmetrical designs defined by clean, strong horizontal and vertical lines, with generously sized balconies and terraces planned for a majority of units. At the lower levels, a multi-storey podium base will anchor the two high-rise tower elements, and insiders expect the podium to serve mixed-use functions with possible street-level retail facilities.
Multiple sources have reported that the Line 5 Condos at 117 Broadway Avenue will also feature an expansive two-level underground parking garage, with 261 vehicle parking spots. Of these spaces, 212 will be reserved for the sole use of condominium residents, with a 49 available to visitors. A further 826 spots will be built for bicycles, including 740 bike spots for the long-term use of residents and 86 short-term spaces for community visitors.
A Premium Location in One of Midtown Toronto’s Most Iconic Neighbourhoods
Beyond the impressive pedigree of its developers and designers, the project’s prime and central location is one of its strongest selling points. Broadway Avenue is located off Yonge Street just two blocks north of Eglinton Avenue, and the community’s future address puts it within steps of Mount Pleasant Avenue. This well-established yet modern neighbourhood has an outstanding Walk Score of 95/100, with a wide range of restaurants, professional services, shopping, banking, and everyday conveniences all easily reachable on foot. Nightlife and entertainment options abound, and the area buzzes with energy while maintaining an excellent safety profile.
From an investment standpoint, the Yonge-Eglinton neighbourhood is poised to enjoy a major boost thanks to the ongoing construction of a new light rapid transit (LRT) line. Alternately known as the Eglinton Crosstown Line, this transit line will connect to the TTC subway as the system’s Line 5. The line’s first phase, which is currently being built, will have 25 stops and is expected to be operational by 2021. Its opening will improve the neighbourhood’s already-impressive Transit Score of 91/100, and add a convenient east-west alternative to existing subway service on Line 2 (Bloor-Danforth).
Residents will also enjoy easy access to the Yonge Eglinton Centre, which is one of midtown Toronto’s signature retail facilities. From Eglinton station, subway service via the north-south Line 1 (Yonge-University-Spadina) branch can have riders in the heart of downtown Toronto in about 20 minutes, making for an easy and hassle-free commute.
Even though the Yonge-Eglinton corridor is well-known for its stylish urban chic, some of Toronto’s best parks and green spaces are located nearby. Sherwood Park and Blythwood Ravine Park are both known for their breathtaking natural beauty, and both are reachable within minutes on foot. These nature preserves both offer a welcome respite from hectic city living, housing expansive and tranquil stretches of tree-lined serenity capable of making you forget you’re in the middle of Canada’s largest city.
Led by Trusted Developers So You Can Act with Confidence
Reserve Properties has displayed elite levels of real estate development expertise for more than three decades. The company’s executive leadership has guided more than 90 large-scale projects to completion, representing a total of over 9,000 homes. Reserve Properties has also won multiple Toronto Building Industry and Land Development Association (BILD) Awards over the years, and continues to be guided by
longstanding values rooted in the company’s ongoing history as a family-run business.
Westdale Properties brings more than 60 years of ownership, management, and development experience to the Line 5 Condos at 117 Broadway Avenue project. This Toronto-based firm specializes in the multi-family residential sector, and counts thousands of units of residential real estate in its impressive portfolio. Westdale maintains active partnerships with ten major developers, including some of the most recognizable names in Toronto real estate. The community will mark an exciting new chapter in the company’s long history as one of the GTA’s most successful real estate development and management firms.
Graziani + Corazza Architects is one of the city’s most accomplished architecture studios. Led by the highly talented team of Enzo Corazza, Berardo Graziani, and Domenic Biase, Graziani + Corazza has built one of the most complete and impressive portfolios of any building design studio in Canada. The firm’s projects are defined by stylish flair that never sacrifices practical functionality, and it has earned dozens of
awards and honours for excellence, including prizes from the Greater Toronto Home Builders Association, Ontario Home Builders Association, City of Toronto Urban Design Awards, and many others.
Rounding out the development and design team are acclaimed landscape architect Brook McIlroy and planning firm Hunter & Associates. With this assemblage of professional talent, Line 5 Condos at 117 Broadway Ave is a strong bet to set new benchmarks for excellence, even by the demanding standards of Toronto’s Yonge-Eglinton corridor.
Register Now for Platinum Insider Access to Line 5 Condos
Right now, Line 5 Condos at 117 Broadway Ave is not open to the public, and the developers have released only a very limited amount of information to the public. If you’re interested in buying or investing in a brand-new condominium suite in one of Toronto’s most desirable and fastest-growing neighbourhoods, we invite you to register now for Platinum Insider Access.
With your registration, you will become eligible for informative updates about the project as they become available, including marketing materials, floorplan details, and price lists. Platinum Insider Access registrants will also receive advance info about the project’s deposit structure, incentives, promotions, and other perks. You will also have the chance to reserve your unit early, giving you access to the widest possible range of floorplans and directional exposures, all while avoiding the speculative market forces that can drive the prices of newly built condo suites sky-high.
Registration carries no obligation, and is 100 percent secure. If you’d like to learn more about this exciting new project, sign up today and beat the crowd to this premium midtown condo community.
IMPORTANT: If you are currently working with a REALTOR®, please advise us as this service is not intended to interfere and/or solicit buyers represented by another REALTOR®.