Traffic delays caused by construction of Toronto’s Eglinton Crosstown light rail transit (LRT) system have been a headache for drivers, but it will become a godsend for residents and businesses along the corridor once it’s finally completed in the next three or four years.
Lindvest is banking on a boom around Eglinton Avenue and Don Mills Road and will begin construction of its Sonic Condominiums project there early next year.
“This is an established neighbourhood that’s been waiting for transit to give it a pop and some freshness,” said Lindvest vice-president Michoel Klugmann.
Sonic’s transit and walk scores: Sonic’s site already has a transit score of 70 due to being adjacent to the Don Valley Parkway, which allows easy access to downtown, the Gardiner Expressway and Highways 401, 404 and 407. The development is located across the street from the future Ontario Science Centre Metrolinx station and will be close to another station near the Aga Khan Museum, both of which will provide a faster way to the Yonge subway line, as part of the 19-kilometre LRT line.
The site also has a walk score of 75, with a Real Canadian Superstore and Joe Fresh across the street and trails of the Don Valley system providing access to parks to the north and south.
Sonic pre-sales began late last year and suites are more than 50 per cent sold. The first phase of the multi-part project should be ready for occupancy in 2019 and, when totally completed, should have approximately 650 units.
Phase one will be a 28-storey tower with a three-storey podium designed by Page + Steele/IBI Group, with interiors being handled by U31. The third floor will feature a party room with a bar, a dining room, a fitness room and yoga studio, a games room with billiards, and steam rooms with men’s and women’s change rooms. The main floor will include a community room, meeting booths, a music and theatre room, and a pet washing area.
A similar structure will come in phase two and a fourth floor outdoor terrace with private cabanas, seating areas, an outdoor bbq and dining area, lounges and greenery will sit between the two residences.