Tridel and Beaux Break Ground at 101 Erskine Image

Tridel and Beaux Break Ground at 101 Erskine

By Lucas on Jan 16, 2015

Toronto’s booming Yonge and Eglinton neighbourhood has taken another step forward in its transformation with Tridel and Beaux Properties officially breaking ground at 101 Erskine, one of the area’s most highly anticipated condo developments.

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“The start of construction marks a critical turning point in the life of a new residential development, but maybe not for the obvious reasons,” said Tridel’s President, Leo DelZotto, at the groundbreaking event. “While it appears to mark the start of the development, it is merely the tip of the iceberg in the lifecycle of a new condominium project. Of course to the purchaser, breaking ground is the most obvious sign of progress and an indication that their move in date is on the horizon, but for Tridel and Beaux, we recognize that the day our construction trades break ground actually signifies that the majority of our development work is now complete.”

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Without a doubt, homebuyers at 101 Erskine must be excited about the start of construction. Yonge and Eglinton has seen its fair share of condo development recently, so street level business has also amped up and the RioCan Yonge Eglinton Centre is undergoing massive renovations that will only make the area even more desirable.

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While this is an exciting time for Tridel and homebuyers, it’s arguable that the Beaux team might be the most excited. “The start of construction at 101 Erskine is a special event for our purchasers, and for the North Toronto community,” said Jason Birnboim, President of Beaux Properties, at the groundbreaking. “But 101 Erskine and the milestones we’ve achieved with Tridel is also special for Beaux. While we have been leaders in the Canadian real estate sector for decades, 101 Erskine is our first residential development in Toronto. We have consistently identified and pursued distinct real estate opportunities and this development continues to prove itself to be one of the most special in our portfolio.”

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The 32-storey tower was designed by CS&P Architects, and features a wide variety of floorplans including studios, one-bedroom+dens, two-bedrooms, and two-bedroom+dens. There are also larger suites with 9’ ceilings in the Signature Collection. Prices for the available suites at 101 Erskine start at just $289,000

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In response to consumer demand, Tridel and Beaux released a collection of ground related plans, dubbed The Lanes at 101 Erskine. These garden suites and townhomes range up to 2,354 square feet and offer exclusive access to a private laneway and landscaped patios. The Lanes feature open floorplans with extra high ceilings, floor-to-ceiling windows, European Liebherr and AEG energy efficient appliances, your choice of granite or quartz countertops, signature cabinetry, your choice of quartz or marble vanities in the spa-inspired bathrooms, and your choice of granite, porcelain or marble tile. Prices for The Lanes start at $1.5 million.

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“The success of our tower suites, and the overwhelming response to the launch of The Lanes at 101 Erskine has allowed us to exceed our sales projections, and move on to construction ahead of schedule,” said Jim Ritchie, Tridel’s Senior Vice President of Sales and Marketing. “From our amazing location and local amenities, distinctive design, unique mix of residential layouts - in both the tower and at ground level - and our amazing amenities, we were pleased to be able to celebrate the official start of construction, because for both Tridel and our partners at Beaux Properties, 101 Erskine is a project truly worth celebrating.”

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Learn more about 101 Erskine!

To find out which suites are still available at 101 Erskine, visit the presentation centre at 2611 Yonge Street Monday to Thursday from 11am to 7pm or on weekends and holidays from 12pm to 6pm. You can also call 416-480-0700 with any inquiries.

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