Location:Downtown Financial District
Builder:Great Gulf Homes
Address:25 Richmond St East, Toronto
Intersection:Yonge and Richmond
Tentative Occupancy:July 2018
Maintenance Fees:Approximiately $.52 cents a sq ft
Deposit:$7,500 with agreement, Balance of 5% in 30 days, 5% in 120 days, 5% in 360 days, 5% in 540 and 1% on occupancy
Price:$275,990 - High $500s
In the centre of a vibrant downtown neighbourhood, Great Gulf’s YONGE & RICH is an architectural gem that merges downtown luxury living and modern design with the relaxing and peaceful elements of nature.
Using distinctive style and design elements to connect each suite to outdoor space and light, the 50-story development, just one block east of Yonge Street, is now on sale!
“There are few neighbourhoods like YONGE + RICH anywhere in Canada,” said Alan Vihant, Senior Vice President for High Rise at Great Gulf. “Situated within the dynamic energy and excitement of Toronto’s downtown core, it has the buzz of the Financial District, the fun of Dundas Square and the Eaton Centre, and it’s close to Ryerson and the University of Toronto. It really offers residents all of the conveniences they could ask for right at their doorstep while still providing the charm of quaint streets, hidden laneways and plenty of parks.”
With a walkscrore of 98 and a transit score of 100 (www.walkscore.com), YONGE & RICH is located on the underground PATH system and has the Yonge subway line and major highways conveniently located right outside its door, making it an ideal location for anyone who wants to live in the heart of downtown Toronto.
“Each suite has been carefully placed to ensure as much window exposure as possible, so as to create a glorious shower of natural light,” said YONGE + RICH architect Peter Clewes, a partner with the award-winning firm architectsAlliance.
Inside the suites, Toronto-based design firm Burdifilek takes the same approach, creating modern rooms that use wide open spaces and light to connect inside with outside in a comfortable flow.
“We designed YONGE + RICH with a practical functionality in mind,” said Diego Burdi, creative director, Burdifilek. “We want residents to get the most out of every square foot of their space so, for example, we designed most outdoor balconies as an additional room, many of which are up to eight-feet wide. That’s plenty of real living space, more than enough room for outdoor furniture, outdoor cooking and outdoor lounging.”
The building’s design makes the most of Toronto’s gorgeous lake views and iconic skyline. All suites include floor-to-ceiling windows; pre-finished engineered flooring throughout; Burdifilek-designed kitchens and bathrooms; and much more. Suites are one and two bedrooms, most within the range of 500 to 926 square feet. Prices start at $289,990.
About Great Gulf
Since 1975, The Great Gulf Group of companies has grown from a regional home builder into one of North America’s premier real estate organizations. With a host of new projects in Canada and several major U.S. cities, the company’s fully-integrated activities span the entire real estate spectrum. The Great Gulf Group includes Great Gulf, Ashton Woods Homes, First Gulf Corporation, Tucker HiRise Construction, Brockport Home Systems Ltd. and Taboo Resort Golf and Spa.