By Bryan Dearsley
11 YV pre-construction sales have been announced with registered VVIP buyers getting a unique chance to purchase these luxury Yorkville condos for sale ahead of the general public. Read on to learn more...
Those who follow the latest trends in luxury Toronto condos are champing at the bit to learn more about what’s going to be one of the hottest new Yorkville addresses: 11 Yorkville Avenue, or as it’s being marketed… 11 YV.
A joint effort by three of Canada’s foremost condo developers – Capital Developments, RiocanLiving, and Metropia – 11 YV promises to elevate Yorkville luxury lifestyles to new heights. Coming in at an impressive 62-storeys, pre-construction condo sales are set to begin September 12th, with a special ‘Platinum VVIP Release’ being available to prospective buyers through a very select group of agents.
Consisting of residential suites ranging in size from 400 sq ft to over 2,000 sq ft – with larger multi-bedroom suites being available by combining two or more units – this much anticipated release also promises to be one of the last such condo developments on what’s widely considered Canada’s poshest street. Notable street-level features will include boutique shops, galleries, and other retail outlets, along with a pleasant parkette offering green space.
A big factor in the pent-up demand for this ritzy location is the simple fact there really isn’t any more room for high-end condo developments on this scale along Yorkville Avenue. The result? Competition to get in early and benefit from the best pricing, and the best available suites is going to be high.
11 YV Pre-construction Pricing – The New Jewel in Yorkville’s Crown
Located across from the ritzy Four Seasons Residences – part of the Four Seasons Hotel Torontocomplex – 11YV promises a number of luxury amenities for owners to enjoy. One of the most appealing features to purchasers will be the indoor-outdoor infinity pool which, along with its large terrace, promises stupendous city views over Yorkville and Toronto.
Also available for owners to use are a full-service hammam spa, a classy chef’s kitchen, plus a piano lounge. Concierge and porter services will also be available around the clock, adding an extra dash of opulence and pampering.
Other notable amenities include:
- Guest suites
- Party room
- Separate elevator bank for higher floors
- Fitness centre
- Games Room
Another big selling feature is the exquisite design of the building. Looking as if it wouldn’t be out of place in 1920s New York City, the building’s gothic styling is enhanced by the large stone piers at its base, and the classy limestone cladding of its lower levels. Designed by Sweeney & Co Architects, early renderings of the building’s exterior certainly look appealing.
So, too, do the interior designs. Created by leading design firm Cecconi Simone, the units are stunning, featuring custom kitchens with split-level black marble islands – complete with a handy wine trough – along with a high-end wine fridge. Units come with 9ft ceilings, and some units on the higher floors will also come with balconies.
Investing in Luxury Yorkville Condos for Sale
In order to get in on the ground floor as a ‘Platinum VVIP’ purchaser at 11YV, interested purchasers need to first register with an accredited real estate agent.
Purchasing luxury Toronto real estate like 11YV pre-construction has no end of benefits. Working with a realtor who specializes in this market, you’ll be able to take full advantage of the lowest prices and the best selection, as well as have unique access to the incentives and promotions only available through the Platinum program. This is especially important if you’re purchasing for investment purposes.
Once sales are opened to the general public, prices go up,. Not only that, choice of suites is more limited and the special incentives offered to those who get in early may also off the table.
The pre-construction incentives you’ll benefit by working with a developer approved platinum real estate agent include the following:
- Early-bird access to special VVIP pricing
- First choice of unit and floor plan
- Access to the best available city views
- Financial benefits including extended deposit structure and capped development charges
11 YV Pre-construction Fast Facts
- Address – 11 Yorkville Avenue, Yorkville Toronto
- Nearest Intersection –Yonge Street and Yorkville Avenue
- Floors – 62
- Units – 716
- Luxury Level – High- to Ultra-Luxury
- Price – TBA
- Maintenance Fees – TBA
- Luxury Yorkville Condos For Sale By…
Bryan Dearsley is Editor-in-chief of LuxuryYorkville.