Sugar Wharf Condos By Menkes
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Sugar Wharf Condos by Menkes Development is an exciting new mixed-use condominium development coming up at 95 Lakeshore Blvd East, in the Heart of Toronto. Yonge Street and Lakeshore Boulevard East is the major intersection. This massive project by Menkes Developments Ltd.
The project is proposed to comprise a 600,000 square feet, 24-storey office tower and commercial retail space of 300,000 square feet, a new multistorey residential community along with a 2-acre community park. The condos will sit on the 11.5 acre spot where the LCBO flagship buildings are positioned at the moment on the Queens Quay East and Freeland Street’s northeast corner.
|Project||Sugar Wharf Condos|
|Year of Completion:||Estimated in 2022|
|Storeys:||77, 87, and 90 storey|
|Number of Units||1927|
|Suite Sizes:||Studios to 3 bedrooms|
Sugar Wharf Pre-Construction Condo Highlights
- Located in the Waterfront Communities, in Toronto’s Island neighbourhood, a wonderful location with scenic lake view
- Walkable everywhere – with a Walk Score of 95/100
- Boasts of a Transit Score of 100/100
- Close to parks including Berczy Park, St. James Park and Sculpture Gardens
- Within walking distance of the Union Station plus Subway
- Steps to shops, eateries and entertainment venues
- Close to schools
- A short drive away from Gardner Expressway
Sugar Wharf Condos Toronto – Building Amenities
Menkes Developments Ltd. is renowned for well-equipped building amenities that are usually included in their projects. Sugar Wharf Condos will feature outdoor terrace with lounge, a 24-hour concierge, gym facilities, movie screening room, party room, as well as fire pit and BBQ stations – a wonderful spot to entertain both friends and family. Also, the condos will have a four-level underground garage with 478 parking slots, which will include 416 spots for residents and 62 for visitors. Besides, there will be 1,971 bicycle parking lots, probably creating what could turn out to be one of the biggest parking facilities in Toronto.
Transit at Menkes Sugar Wharf
The use of public transportation makes commuting easy for the Menkes Condos Toronto. Buses plus a streetcar services this emerging community, facilitating connections to subway stations. Drivers can easily access on-ramps linking them onto the Gardiner, DVP as well as Lakeshore Boulevard. In the future years, transit will be adjusted in order to accommodate the population growth in the neighbourhood. Already a light rail line is planned along the Queens Quay strip. The line will go all the way to Parliament Street and the TTC is planning to even extend the route well into the East Don Lands.
Sugar Wharf Toronto Location
The subject location is a huge strip of underused prime real estate covering four city blocks. The developer wants to convert this post-industrial waterfront property into a lavish multidimensional destination where all residents can enjoy working, living and playing round the clock. There will be a two-acre park on Queens Quay’s northern side – between Freeland St and Cooper St. Menkes Development Ltd. envisions Sugar Wharf Condos to be the hub and a meeting place for the entire neighbourhood. The park is intended to be an active-use green space that will not just serve its new residents, but also the wider city centre general public.
Sugar Wharf Condos Neighborhood
The development is flanked by ingenuity, inspired by arts coupled with culture, and driven by modernization. A phenomenal lifestyle awaits those who will call this place home. Both residents and visitors will be able to access dynamic outdoor leisure spaces all year round. They include Sherbourne Common, the Water’s Edge Promenade, Sugar Beach, three marinas, a boardwalk, wave decks, cultural activities at Harbourfront plus plenty more. On completion, the development will be a totally integrated mixed-use sustainable, visionary gateway, hence making it a major and highly coveted lakefront address in Toronto.
The development is just steps to luxurious shopping as well as eateries. Getting to hotspots such as the Financial and Entertainment Districts, the historic St. Lawrence Market or the Distillery is a walk in the park. The area boasts of a vibrant mixture of residents that include professionals, students as well as downsizers. This is as a result of new educational opportunities in the neighbourhood, closeness to the city centre and a number of high-density employment districts. The above factors makes Sugar Wharf Condos a wonderful development for smart homebuyers or investors to consider putting their money in.
The Toronto City’s Lower Yonge Precinct Plan estimates that approximately 35,000 people will live, work and play in the location stretching from Yonge Street to Jarvis – south of the Gardner all the way to Queens Quay. It is prudent to be among the thousands who will soon be calling this innovative neighborhood their new metropolitan haven. There is no better time to invest on a locale like this that is developing than now – while it is still on the brink of its full potential.
Read more about Sugar Wharf Condos Floor Plan Project
Sugar Wharf Condos was formerly known as 95 Lakeshore Condos. According to the developers, this luxury project will house about 6 monolith towers. The first phase of the residences is proposed to be a twin tower 79 and 80-storeys respectively, with 1,927 condo units in total. It will comprise of 65 bachelor as well as 1,078 one bedroom and 593 two-bedroom units, while the remaining 191 will be three-or more bedroom suites. The large offering of 1-bedroom units is aimed at addressing market demand. However, the project’s contribution of several two-bedroom and three-bedroom suites will create new housing opportunities for families on the waterfront.
This first phase of Sugar Wharf Condos will have a new LCBO headquarters plus store and is expected to put 8,000 residents and 1,000 jobs on the waterfront. Menkes Development says that when fully built, the entire waterfront area is expected to have 40,000 people and 40,000 jobs.
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