Developer Camrost-Felcorp is converting the existing 31 storey old Four Seasons hotel into luxury condominiums. Built in 1971, this hotel building was the catalyst in transforming Yorkville from a village of coffee houses to a luxury destination. As the place “to be seen” in Yorkville, it has a rich history of being a famed stomping ground for celebrities and socialites and each September plays a major role in the Toronto International Film Festival.
Located on the south east corner of Avenue Road and Yorville Avenue, the building’s transformation inlcudes the addition of vertical glass accents in patterns of opaque and transparent enamelled glass to the existing two story podium. These first two levels will be devoted entirely to retail space refreshing the sizeable commercial footprint along Yorkville Avenue and Avenue Road.
Above the two storey podium, the conversion involves a complete revamp of each hotel floor. With prices starting in the mid $300’s, suite designs range from bachelors, one bedrooms, one bedrooms plus den, two bedrooms and penthouse floor plans.
Working with the original elements of the existing hotel, suite ceiling heights are eight feet high and most suites will have at least one large bay window to take in the spectacular views of the Yorkville neighbourhood. The balconies featured in corner guestrooms of the hotel will be enclosed with glass and incorporated as extra indoor living space in the new floor plans of the converted units.
Standard suite features are laminate plank flooring in all areas except bathrooms and laundry spaces, mirrored sliding closet doors in bedrooms, stone countertops and custom designer cabinetry with soft close drawers and doors in the kitchen. Each suite is outfitted with an appliance package that includes a combination one piece washer/dryer, a two burner smooth-top electric cooktop, built-in microwave, refrigerator with bottom-mount freezer, a drawer dishwasher and an overhead stainless steel kitchen hood fan. Each unit has individually controlled seasonal heating and air conditioning. All suites come with a locker. Parking is $65,000 per spot for select suites only. Unit sizes start from the smallest floor plan of the 350 square feet Pied A Terre (bachelor).
Amenities of the Yorkville Plaza Condominiums
Twenty four hour concierge
Fitness facilities on the third floor
Party room lounge with audio/video equipment
Formal dining room/boardroom with bar and kitchenette
On-site superintendent’s suite
Proposed occupancy for the New Residences of Yorkville Plaza is Fall 2014.
Camrost-Felcorp is not new to retrofitting as they are the developer currently converting the Imperial Plaza office building at Avenue Road and St. Clair into residential condominiums.
The existing Four Seasons Hotel is moving. See the new location of the Four Seasons Hotel and Private Residences in Yorkville with proposed completion in 2012.
There is always a healthy supply of condominium units available for sale in the Yorkville area. However, the best suites, the units with the great floor plans, clear views and in the good buildings sell right away. Top valued condos sell within days and if you want the opportunity …