Yorkville Plaza Construction Tour
By Lucas on Sep 09, 2013
Recently, we had the opportunity to take a construction tour of Camrost Felcorp’s highly anticipated Toronto condo, Yorkville Plaza (located at the corner of Yorkville and Avenue Road). We met Camrost Felcorp’s Director of Marketing Richard Mariani at the site, who served as our tour guide.
Construction progress at Yorkville Plaza
After gearing up with our boots, vests, and hard hats, we went straight to the penthouse level to check out the endless views from atop Yorkville Plaza. No matter which way you look, the view is stunning. To the west, there are treetops and open air, and to the south, you have Toronto’s famous skyline. To the east, you have the glitz and glamour of Yorkville, and to the north, residential vistas.
Mariani explained that there are only six suites at the penthouse level, and that the floorplans are still somewhat customizable since no walls have been put in yet. One of the penthouses has sold, so there are only five remaining. With indoor and outdoor living space included, the square footage for the penthouse suites ranges from 1,500 to 2,500 square feet.
We then went up one level to the roof to check out all the mechanical that was just installed (and to take in more views). While we were up there, we asked about the construction process for a conversion project like Yorkville Plaza. As you may or may not know, Yorkville Plaza’s original structure is that of the former Four Seasons Hotel (one of the first 5-star hotels in the city). Mariani said that the process of converting the hotel to a condo is actually much more affordable than demolishing the building and then erecting a new building from scratch. Financially, it allowed Camrost Felcorp to achieve such a low price point, and economically, it allowed them to deliver the final product in a timely manner. It would have added an extra two years to the construction timeline if they had to demolish the building and completely rebuild.
On our way down to the typical floors to check out the windows, which are almost completely installed, Mariani said that Yorkville Plaza is 92% sold, with only 40 suites remaining. Not including the penthouses, the remaining suites range in size from 370 to 1,015 square feet.
We stopped in on the third floor where the amenities and a few suites will be. The suites on the third floor benefit, not only from being near the amenities, but also from the soaring ceilings. There will also be outdoor terracing wrapping around the third floor.
Floors one and two are dedicated to a high-end restaurant and retail. Mariani explained that they have been speaking to a number of potential companies that are planned for the location. They are all world class companies and might be the first flagship in Canada. You’re going to have to wait a little longer to find out which retailer & restaurants are headed to the great Yorkville location.
Visit Yorkville Plaza today
To learn more about the remaining suites at Yorkville Plaza, pay a visit to the Presentation Centre at 162 Cumberland Avenue in Toronto. You can also call 416-966-3003 for more information, or email sales@yorkvilleplaza.com.
For Presentation Centre hours, click here.
Stay tuned, Camrost Felcorp will soon be accepting registrations for the south tower at Yorkville Plaza.