Soon-to-rise in the Newtonbrook neighbourhood in Toronto is a new mixed-use, high-rise condominium project being developed by Plaza Corp. The 5840 Yonge Street condominium is a 36-storey residential building that will have 407 units. These units will range in layouts from one-bedroom units to three-bedroom units. This development is currently under construction and will soon be at 5840 Yonge St, North York, ON. 5840 Yonge Street is scheduled to be completed in 2024.
The 5840 Yonge Street condominium will have 407 residential units in a mixture of 220 one-bedroom units, 132 two-bedroom units, and 55 three-bedroom units, which will suit anyone, from singles to professionals, to young families. Located on the third floor at 5840 Yonge Street are outdoor amenities like a swimming pool and an outdoor terrace.
Other outdoor amenities are located on the eighth floor. The 5840 Yonge Street condominium will also feature around 4,000 sq. ft. of retail space located on the ground floor. This condominium will showcase luxury, elegance, and convenience with its expansive glass windows and modern exteriors.
Just a few steps away from 5840 Yonge Street are bus stops and a 5-minute walk from the development is Finch Station. Residents can easily access three shopping malls: 8 minutes to Centerpoint Mall, 10 minutes to Yonge Sheppard Centre, and 15 minutes to Bayview Village Shopping Centre, where residents can shop, dine and run errands. This condominium in North York will feature underground parking spaces.
Families living in the 5840 Yonge Street condominium will appreciate being surrounded by different educational facilities, such as Avondale Secondary Alternative School, Unionville Academy, Drewry Secondary School, École Secondaire Catholique Monseigneur-De-Charbonnel, Willowdale Catholic School, RJ Lang Elementary & Middle School, Cummer Valley Middle School, Finch Public School, Newtonbrook Secondary School, Pleasant Public School, and Saint Paschal Baylon Separate School.
5840 Yonge Street will be ideal for off-campus college/university students and faculty as it is 15 minutes from Seneca College – Newnham Campus and York University. With convenient access to public transit, residents can easily commute around the neighbourhood, to other neighbourhoods, and half an hour to Downtown Toronto.
Newtonbrook is a well-known neighbourhood in Toronto located around the area of Finch Avenue and Yonge Street in the district of North York. the neighbourhood is home to an abundance of parks and green spaces like Silverview Park, Hendon Park, Maxome Park, Newtonbrook Park, Goulding Park, Centre Park, Wedgewood Park, and more.
Newtonbrook’s Yonge Street shopping district offers different shops, restaurants, car dealerships, and more. The location of the neighbourhood along Yonge Street provides locals and new residents quick access to the Yonge-University-Spadina subway line and direct access to Highway 401. Finch Station is the main station hub that connects to the GO, VIVA, and TTC systems and York Regional Transit.
Plaza Corp. is a well-known real estate and technology veteran with trusted asset managers and proven investors. For several decades, Plaza Corp. has continued in investing in land, from low-rise to high-rise developments, and technology ventures that push the firm’s innovation economy towards smarter cities and livable neighbourhoods and communities. The foundation of Plaza Corp. is transparency, integrity, consistent returns, and alignment.
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