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Adagio Condos

About This Project

Adagio Condos is Menkes’ newest ultra luxurious boutique residence located in the heart of Toronto’s world renowned Yorkville neighbourhood. This high rise residential building will offer high quality finishes and luxurious features. Amazing building amenities and elegant suites await at Adagio. Residents will be surrounded by upscale lifestyle amenities, world class transportation, top post secondary institutions, and major downtown employment hubs.

29-storey, mixed-use tower, which incorporates an existing three-storey heritage building on the site. This heritage building will form part of a podium, which will house retail space fronting Asquith, a residential lobby off Yonge and both indoor and outdoor amenity space for condominium residents.

The building at is expected to contain 202 residential units in total.

Adagio Condos

Amenities

  • Five Stars 24-hour concierge service
  • Wifi in all amenity areas, lobby and elevators
  • Elevators with smartphone controlled direct floor access and high efficiency particulate air (HEPA) filtration system
  • Two car elevators to access underground parking garage
  • Touchless, smartphone enables access to building and amenity areas
  • All Parking is Electric Vehicle (EV) enabled.
Adagio Condos

Pricing Details

DEPOSIT STRUCTURE

$10K with offer

Balance to 5% in 30 days

2.5% in 120 days

2.5% in 240 days

2.5% in 390 days

2.5% in 540 days

2.5% in 690 days

2.5% in 840 days

1% on Occupancy

Studio – Starting at $688,990

1 Bedroom – Starting at $890,990

1 Bedroom + Den – Starting at $1,204,990

2 Bedroom – Starting at $1,255,990

3 Bedroom – Starting at $1,798,990

Parking: $180,000
(3 Beds Only)

Maintenance Fees: Approx. $330-769

Development Caps
Studio to 1 Bed + Den: $12,500+HST
2 Bedroom & Larger: $16,800+HST

Adagio Condos

Floorplans

Studio

One Bedroom

Two Bedroom

One Bedroom

Adagio Condos

Location

Adagio Condos

Investor Stats

Yorkville is nicknamed the “Fifth Avenue of the North”, a ritzy neighbourhood that is home to upscale boutiques, galleries, fine dining, and cafes. Adagio Condos distinguished address boasts a near perfect 99/100 Walk Score, allowing residents to walk to some of the city’s most prestigious amenities and necessities.

Residents of Adagio Condos will have easy access to world class transportation options close to home including immediate access to bus routes right outside the front door and access to subway lines are just a short walk away from home. Boasting an extremely high Transit Score of 97/100, commuters can leave the vehicle behind and enjoy a seamless commute into Toronto’s downtown core in under 15 minutes.

Professionals who enjoy the finer things in life will want to invest in Adagio Condos has some of the city’s major downtown employment hubs including Queen’s Park, Hospital Row, the Financial District, East Harbour, and the burgeoning tech district. Some of downtown’s most prestigious post secondary institutions including UofT and Ryerson University are both located close by.

Average Annual Household Income: $300,000 +

Condo Price Appreciation Year over Year: 13%

Rental Appreciation Year over Year: 8%

 

What is the Average Rent in this Area?

Studio: $2,300

1 Bedroom: $2,700

1 Bedroom + Den: $3,150

2 Bedroom: $4,000

3 Bedroom: $6,000

Menkes Developments Ltd.

About The Builder

Menkes Developments Ltd. is an award-winning, fully integrated, private real estate company involved in the construction, ownership and management of office, industrial, retail and residential properties. Founded in 1954, the Company is one of the largest private developers in Canada, with a primary focus in the Greater Toronto Area (GTA).

The Company first established its roots as a developer and builder of single-family home communities, with the objective of creating homes built with innovative design, unyielding quality and meticulous craftsmanship in order to deliver enduring value and pride of ownership. To date, Menkes has built over 5,000 homes across Ontario, including the first Energy Star community in York Region, as well as the first LEED Silver home in Halton Hills.

As one of the earliest developers of condominium apartments in the GTA, Menkes pioneered the condominium lifestyle in the Toronto marketplace. Today the Company’s high-rise residential division continues to be a market leader in the development, marketing, sales and construction of high-rise residential communities. To date, Menkes over 25,000 condominium apartment units to its credit and has been recognized by Tarion as one of the top builders in Ontario for quality and customer service.

Menkes is a recognized trailblazer in the commercial real estate industry, having built over 20 million square feet of office, industrial and retail space. From Procter and Gamble’s head office in North York City Centre, to the Sun Life Financial Tower at One York, the Company has cultivated a portfolio of high quality, strategically located properties across the GTA. Menkes pairs best-in-class, high performance buildings with first class, tenant-focused management.

Impact Condo Investments

Our Team

 

We are a passionate team of Platinum Agents specializing in Pre-Construction condos in Toronto and the surrounding GTA! Being Platinum Agents we get early access to the newest and hottest condo projects in the GTA allowing us to help YOU reserve your preferred unit before the condo sells out. In addition we have exclusive incentives, discounts and upgrades only available to just our clients. From Cash Rebates, Assignment Discounts, the BEST pricing and much more. Contact us today and find out how we can help you.

WHY CHOOSE

FIRST CHOICE OF UNITS

FIRST ACCESS

FREE CAPPED LEVIES

FREE MORTGAGE PRE-APPROVAL

FREE 1st YR PROPERTY MANAGEMENT

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