1 Yorkville
Yorkville High-Rise Condominium Development
1 Yorkville Avenue, Toronto, Ontario
Building Size: 472,000 Sq. Ft.
Total Units: 555
Equity Raised: $28 M
Estimated Completion Value: $349 M
In August 2013, 170 clients of Cranson Capital Securities invested $28M in the Yonge- Yorkville-Cumberland Fund, a 58-storey condo development project at 1 Yorkville. The construction is complete, and the residents have moved in. The project has officially sold out.
The Yorkville area is considered to be one of Canada’s most exclusive shopping and dining districts with several 5-star restaurants and many high-end retail businesses within walking distance of the development. The funds were used for land purchase, soft costs, zoning, sales programs, and fees. Construction on 1 Yorkville began in 2014 and reached completion in February of 2021.
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There is no address like this. Upon setting foot at the corner of Yorkville Avenue and Yonge Street, you immediately notice just how outstanding this location is. Minutes away you can stroll through the designer boutiques – Hermes, Holt Renfrew, Gucci or Louis Vuitton – then share a champagne cocktail at Daniel Boulud’s Café at the Four Seasons. Options are made all the more endless with the nearby Bloor and Yonge subway lines and underground PATH, as well as being walking distance to the University of Toronto. With an enviable platinum location in the heart of Yorkville, 1 Yorkville is the most desirable address in Toronto.
