Line 5 Condos
Condo Analyst Recommendation!
Investing in Line 5 Condos offers several compelling reasons:
Prime Location: Situated at the intersection of Yonge St & Eglinton Ave in Toronto, Line 5 Condos enjoys a prime location in one of the city's most vibrant neighborhoods. This area is undergoing significant development and gentrification, making it an attractive location for real estate investment.
Innovative Amenities: Line 5 Condos offers innovative amenities designed to cater to modern lifestyles, including a social club that functions as coworking space during the day, a tuck-shop bistro in the lobby, and dedicated ride-sharing lanes. These amenities enhance the resident experience and add value to the property.
Transit Accessibility: With proximity to the Eglinton subway station and major thoroughfares like Yonge St, Line 5 Condos offers convenient access to public transportation. This accessibility is attractive to tenants and potential buyers alike, making the property more desirable and potentially increasing its value over time.
Potential for Appreciation: As the neighborhood continues to develop and gentrify, property values in the area are expected to appreciate. Investing in Line 5 Condos offers the potential for long-term capital appreciation, allowing investors to build wealth through their real estate investment.
Strong Rental Demand: The area surrounding Line 5 Condos is popular among renters, particularly young professionals and students. With its proximity to transit, amenities, and employment centers, Line 5 Condos is likely to attract a steady stream of tenants, providing a reliable source of rental income for investors.
Walkability and Amenities: Line 5 Condos boasts an impressive walk score, with shops, restaurants, schools, and parks within walking distance. This walkability adds to the property's appeal and makes it more attractive to potential tenants and buyers.
Developer Reputation: Line 5 Condos is developed by Reserve Properties, a reputable developer known for delivering high-quality projects. Investing in a property developed by a trusted developer provides confidence in the project's construction quality and long-term viability.
Overall, investing in Line 5 Condos offers the opportunity to capitalize on a prime location, innovative amenities, transit accessibility, and potential for appreciation, making it an attractive option for investors seeking to diversify their investment portfolio and generate rental income.
Receive More Information (Floor Plans and Pricing)
Line 5 Condos is designed to cater to the evolving lifestyle needs of Torontonians, offering innovative amenities such as a social club doubling as coworking space during the day, a tuck-shop bistro in the lobby, and a dedicated lane for ride-sharing apps like Uber and Lyft.
In summary, Line 5 Condos offers a modern and convenient lifestyle, with its strategic location, innovative amenities, and proximity to transit options and essential amenities making it an attractive choice for urban living in Toronto.
Line 5 Condos Highlights:
Boasts an impressive walk score of 90/100
Situated in the vibrant Mount Pleasant West neighborhood in Toronto
A 12-minute walk to the Eglinton Station
A short drive to Downtown Toronto
Close proximity to shops, restaurants, and schools
Nearby parks include Blythwood Ravine Park, Sherwood Park, and St. Clements-Yonge Parkette
With proximity to major transit options, Line 5 Condos provides residents with fast and convenient commuting options. Just a short stroll away is the Eglinton subway station, providing swift access to downtown, North York, and York. Yonge St runs adjacent to the condominiums, linking residents to Hwy 401 in the north within minutes and offering quick access to downtown. Don Valley Pkwy is also within close reach, along with several other thoroughfares such as Eglinton Ave E, Bayview Ave, Yonge St, and Mt Pleasant Rd, facilitating travel in all directions. Residents can easily utilize the subway or reach downtown in approximately 15 minutes by car. The strategic proximity to the subway, nearby expressways, and major roads ensures seamless travel for Line 5 Condos residents.
Project Specification
Number of Storeys 36
Total Number of Suites 387
Suites Starting Floor 1
Number of Suites/Floor 13
Floor Plans 15
Suite Size Range 345 - 1009 sq ft
Ceiling Height From 8'6" to 9'
otal Min. Deposit 15%
Deposit Notes
$5,000 on signing
Balance to 2.5% in 30 days
2.5% in 180 days
10% on occupancy
Tips to Maximize Profit
You might be interested in ...
Subscribe to our weekly newsletter
Stay informed and in the loop on the newest releases and promotions.