Coming soon to Toronto is a new mixed-use, high-rise residential tower by KingSett Capital. The 700 University Avenue condominium will stand at 61-storeys tall on top of the existing Ontario Power Building. This condominium will have 531 residential units and spaces for commercial and office units. This high-rise development is currently in preconstruction and will rise at 700 University Ave, Toronto, ON.
The 700 University Avenue condominium will sit on a five-storey podium that will be on top of the Ontario Power Building. This podium will feature 30,000 sq. ft. of office space and the fifth floor will consist of an event centre and conference centre. This condo development in Toronto will have office spaces as well.
The 700 University Avenue condominium will take a unique triangular form due to the shape of the development site, and this condominium will be the perfect housing for healthcare workers, students, and young professionals who work and study close to the area. The condominium will be facing narrow Orde Street. 700 University Avenue is planned to have a remake of the public realm surrounding the building.
Just a few steps away are streetcars and the Queen’s Park subway station. Residents in 700 University Avenue can easily reach malls like Atrium and CF Toronto Eaton Centre in just under 10 minutes. Off-campus students will appreciate being only a 5-minute walk from the University of Toronto – St. George Campus, a 5-minute ride to Ryerson University, an 8-minute ride to OCAD University, and more.
Families living in this tower will appreciate being close to other educational facilities like Lord Lansdowne Jr & Sr Public School, Beverly School, Central Technical School, King Edward Jr & Sr Public School, Orde Street Jr Public School, Church Street Jr Public School, and Jarvis Collegiate Institute. The 700 University Avenue condominium is right next to Mount Sinai Hospital and right across from Toronto General Hospital.
Baldwin Village is known as the commercial neighbourhood of Toronto. This neighbourhood is home to many university students, healthcare workers, executives, and more. Since this area highly consists of residential developments, there are fewer cars since many would rather take streetcars or the subway. The neighbourhood offers a variety of boutique retail shops, art galleries, restaurants, cafes, pubs, bistros, and more.
Dining options are only a short walk or a streetcar ride away, like Pizza Pizza, Tim Hortons, Mercato, Thai Express Restaurant, Nando’s Bay Street, and more. The 700 University Avenue condominium is close to green spaces like Queen’s Park and McCaul-Orde Park. with convenient access to public transit, residents can easily commute around Dowtown Toronto without any hassle.
Established in 2002, KingSett Capital is Canada’s leading private equity real estate developing firm. The KingSett Capital team has a wide range of experience in real estate ownership, acquisition, leasing, managing, developing, financing, disposition, lending, and constructing.
The value’s the company practices are the foundation of the business, which are on creating relationship-focused client services, leadership, internal culture, teamwork, and excellence in real estate investment services. KingSett Capital continues to look for more opportunities to invest in a wide range of developments, real estate properties, mortgage lending, and joint ventures.
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