- Project name | 11 YV Condos (formerly known as CRU Condos)
- Property Address | 11 Yorkville Ave. Toronto
- Real Estate Development | Metropia & RioCan & Capital D.
- Architecture Contractor | Sweeny & Co, GBCA Architects
- Price range | $1,062,990-$3,765,990
- Floor height | 62 floors
- Number of units | 716 units
- Delivery date | Spring 2024
Project Overview
11 YV apartment, located in the top Yorkville neighborhood in Toronto, occupies the hottest location in Toronto. All the elements of the top community are perfectly reflected in it-a unique geographical location, a high-end life with big names, unparalleled teaching resources, a mature and high-quality community environment, and unprecedented investment opportunities.
11 YV apartment is jointly built by well-known developers Metropia, Capital Developments and RioCan. It is very likely to become the last residential building project in the community, with a total of 62 floors and 716 units. It is expected to be delivered in 2024. The project will open on September 12, with a unit price starting from $1680 per square foot, with units ranging from a 387-square-foot studio to a 1,163-square-foot three-bedroom apartment.
11 All units on floors 5-9 of YV Apartments are owned by the developer and will be used for high-end commercial leases. Units located on floors 10-62 are available for customers to choose from. It is worth noting that there are invincible lake view rooms on the 54th and 62nd floors, and the units with terraces are only on the 10th and 30th floors, and the number is extremely limited.
Project Benefits
1. Absolute city center: Located in one of the most high-end communities in Toronto-Yorkville community. Bloor Street ("Mink Mile") between Yonge Street and Avenue Road in the community is Toronto's most prestigious shopping street, and its status in Toronto is equivalent to New York's Fifth Avenue. There are many big luxury brands here, including more than 20 high-end brands such as Hermès, Louis Vuitton, Gucci, Prada, Chanel, and dozens of mid-to-high-end brand flagship stores, as well as Canadian favorite chain shopping centers such as Hudson Bay and Holt Renfrew. . At the same time, it is also the art and cultural center of Toronto. You will find many art galleries and design studios, including the Royal Ontario Museum, the University of Toronto, the Royal Conservatory of Music, and many art galleries and design studios.
2. Convenient public transportation: 11 YV apartment will be the first choice for those commuting to work in Toronto. Located at the junction of Yonge Street and Bloor Street, this is one of the few intersections in Toronto with subway access in four directions. Entering the Bloor-Yonge subway station, you can easily transfer to all subway lines in Toronto, traverse the entire city, and stay away from the troubles of parking and traffic jams when traveling by car.
3. Safe community environment: The Yorkville community where 11 YV apartment is located is one of the most high-end and safest communities in Toronto. There are many parks in the surrounding area, including Asquith Green Park, Harold Town Park and Jesse Kethcum Park. Official data show that the per capita income of residents in this community is much higher than the Toronto average, and the corresponding crime rate is very low, ensuring that you live and travel safely 365 days a year.
4. Huge demand crowd: 11 YV apartment is close to Financial Street, where the headquarters of many financial securities companies, including the five largest banks in Canada, are located here. There are countless Canadian high-tech companies, the most famous hospitals and medical research institutions nearby, nearly ten Thousands of financial professionals, professionals, high-end retirees, hospital doctors or university professors live and work here. There are also large student groups in nearby universities such as the University of Toronto, Wyerson University, and George Brown College. It will become the main crowd of investment and purchase or the potential rental target after the apartment is completed.
5. High return on investment: In recent years, the apartment leasing market in popular areas of Toronto has often been "difficult to find a house", and it has always been the leader in price increases in the sales market. Last year, the growth rate reached two It has become one of the investments with the highest rate of return at present! 11 YV apartment takes advantage of the time and place, and will surely become one of the most investment-worthy apartment properties in 2019.
Investment reasons
11 YV Apartments has attracted local and global investors in Canada due to its superior geographical location, well-known developers and stable and substantial investment returns. It has received great attention before it even opened.
1. 11 YV Apartment is located in Yorkville, a traditional mainstream community. This area is worth a lot of money. In addition, this project is likely to be the last residential construction project in this community. The scarcity is the most expensive, which will become the most direct guarantee of the appreciation potential of the apartment.
2. 11 The YV apartment project is jointly built by three leading high-end apartment development companies in Canada, including Metropia, which is good at developing mega projects, Capital Development, which is famous for creating landmark buildings, and RioCan, Canada’s largest real estate trust. With the high standards and high quality of 11 Yorkville Apartments, it will become the newest landmark in the Yorkville community in the future.
3. As the most popular apartment in Toronto's most popular area, whether it is put on the rental market or the sales market, it must be in a state of "sweeping up and sweeping away." Therefore, whether it is for self-occupation or investment, 11 YV takes advantage of the time and place, and will surely become one of the most investment-worthy apartment properties in 2019.
You can enjoy the following VVIP exclusive discounts when you purchase through Jiafang Group:
1. Studio units (342-404 square feet) start at $711,990, one-bedroom units (477-532 square feet) start at $907,990, and one-bedroom plus one study units (530-631 square feet) start at $1,022,990, two The price for a bedroom unit (610-750 sf) starts at $1,299, 990, and a three-bedroom plus one study unit (987-1,056 sf) starts at $1,768, 990.
2. Free transfer of uncompleted flats (market value $5,000) is allowed, and only attorney fees are charged.
3. The development fee is capped. Studio and one-bedroom units are charged $19,500, and two-bedroom and three-bedroom units are charged $25,000 and $30,000 respectively.
4. Easy deposit payment plan: $10,000 at the time of contract, 30 days to make up the remaining part of the price of 5%; 5% within 120 days, 5% within 370 days, 5% within 720 days, and 1% at the time of delivery.
5. Deposit plan for overseas buyers: $10,000 at the time of contract, 30 days to make up the remaining part of the price of 10%; 10% within 120 days, 10% within 370 days, 5% within 720 days, and 1% at the time of delivery.
Appreciation of real estate pictures
Developer Information
Metropia Development
As one of Canada's most prestigious real estate developers, Metropia has developed and built a number of extraordinary communities and apartment buildings across the country for 30 years, fulfilling the dream of more than 25,000 families living in peace and contentment in this beautiful country. They have always been committed to understanding customer needs and providing customers with services that exceed expectations. From young people buying their homes for the first time to elderly people, they all praise their excellent community environment and housing quality.
Capital Developments
As one of the developers of 11 Yorkville Apartments, Capital Developments has been focusing on the development of apartment real estate since its establishment. It has successfully developed and constructed 15 high-rise residential projects and delivered more than 6 million square feet and more than 6,250 residential units to customers. The developed project is widely acclaimed for its eye-catching location in the city center and forward-looking architectural design.
11 YV Condos project video explanation
VVIP subscription registration/house plan price list request
Gary Zhu
President Broker of Record
Direct: 416-992-2899
WeChat: Gary4169922899
Canada Home Group Realty Inc., Brokerage
Independently Owned and Operated
405 Britannia Road East, Suite 210.
Mississauga, ON L4Z 3E6
Office: 905-890-9888
Fax: 905-890-9899
canadabestcondo88@gmail.com