A new proposal intends to add a new tower to the blocks directly east of Davisville subway station inside the Davisville Village district, among the latest in a never-ending stream of condo plans for the thriving Midtown.
Introducing, 50 Merton Street Condos.
50 Merton Street Condos by DiamondCorp and Alterra is an all-new condo project residing in one of Midtown’s most desired pockets. 50 Merton Street will be a well-designed redeveloped condo that will replace aging office and parking structures. Its forward-thinking and progressive designs will add to the already appealing neighborhood, making it an ideal place for people who want to live in a luxury condo building in one of the most affluent neighbourhoods of Toronto.
50 Merton Street Condos is a pre-construction condo project that will feature a 39-storey condo high-rise, set to be the tallest on Merton Street. The project is expected to have a varied mix of layouts that will include one, two, and three-bedroom units, with the majority to be allocated to one-bedroom suites.
The world-class facilities provided throughout the unit will benefit future homeowners. Residents will have access to 1,282 square meters of shared amenity space on the fifth floor, which includes 802 square meters of indoor amenity space and 487 square meters of outdoor amenity area. We may expect spa-like spaces, such as saunas or yoga studios, as well as fully-equipped workout facilities, on this floor.
The interior and outdoor sections will be connected, with a wide terrace with shared and pleasant lounging, dining, and barbecue areas envisaged. The terrace, which is also on the fifth story, will allow intimate spectacular views of the lush surroundings.
The condo tower will stand above a 5-storey mixed-use podium that will be housing amenity spaces and office spaces.
Lastly, the condo in Midtown Toronto will be serviced by an underground parking garage that will have two levels and can accommodate 114 vehicular parking spaces as well as 456 bicycle spaces.
50 Merton Street will be in one of Toronto’s most sought-after, well-connected, and prominent areas. Its location in Midtown puts it in the center of Davisville Village, with an outstanding walk score of 87 and a transit score of 82.
Davisville Village is also one of the less hectic pockets in the city providing the residents with a tranquil suburban landscape- tree-lined streets, natural outdoor spaces, and a peaceful landscape. All of these are viewable from the condo’s terraces.
The project’s prime location puts it close to thriving urban hubs and busy commercial strips offering Toronto’s finest conveniences.
Steps away from key junctions such as the busy Yonge and Eglinton and Yonge and St. Clair. Future inhabitants will have access to a diverse range of shopping, eating, entertainment, and cultural opportunities. The Yonge and Eglinton strip has a wide range of retail and eating establishments. Major businesses such as Sephora, Indigo, LuluLemon, Sporting Life, Urban Outfitters, Winners, and more can be found just down the street. The Yonge Eglinton Center is also located at this intersection, providing quick shopping and lifestyle needs.
Transportation options in the area include TTC bus routes for quick commutes just about anywhere in the city. Eglinton Station in TTC’s Line 1 is also nestled close by for traffic-less commutes to Downtown Toronto.
This condo development is a collaboration between two of the household names in the GTA’s real estate market- Alterra and DiamondCorp.
DiamondCorp is a real estate developer in the Greater Toronto Area dedicated to high-quality development. This developer will continue to influence Toronto’s neighborhoods and real estate character.
Alterra is a development group that has been active in the GTA for over 40 years, with the goal of influencing the aesthetic of entire districts.
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