CRU
Yonge St & Yorkville Ave
11 Yorkville Ave, Toronto
Starting from $500,000
Tentative Occupancy 2022

A coalition team that includes several of Canada’s largest and best-known builders is set to bring CRU at 11 Yorkville to Toronto’s prestigious Yorkville neighbourhood. This exciting mixed-use residential, commercial, and retail project will offer buyers a golden opportunity to invest in this valuable and highly sought-after corner of the city’s real estate market.


Anchored by a world-class upscale shopping district, Yorkville holds a lofty status as one of North America’s most exclusive neighbourhoods. Its convenient central location and wealth of local amenities will provide added value to future residents of CRU.


CRU is a 60-storey pre-construction condominium will be developed by 3 renowned developers - Capital Developments, Metropia, and Rio Can Real Estate Investment Trust.  Around the corner of Yonge and Bloor, this location brings you the luxury in the heart of Yorkville. There is everything from boutiques to eateries and all your daily necessities.   Families with children will find it convenient with good schools in the area.

Location

11 Yorkville Ave, Toronto

Yorkville is situated just west of the intersection of Yonge Street and Bay Street in downtown Toronto. The neighbourhood’s Bay Street corridor is the focal point of Yorkville’s well-established history as a world-class shopping and retail district, where high-end retailers like Gucci, Chanel, Louis Vuitton, Hermes, Dolce & Gabbana, and Holt Renfrew maintain their flagship Canadian locations. Luxury boutiques, gourmet restaurants, and fancy salons also populate the area, which nevertheless maintains an accessible and hospitable vibe despite its marvellous opulence. 


From a convenience standpoint, you’d have a hard time finding a better location anywhere in central Toronto. Yorkville has a perfect Walk Score of 100/100, meaning that all your day-to-day shopping, banking, and convenience needs are mere steps away. The Yonge-Bloor intersection is also one of the transit hubs in the city where subway riders can catch trains heading in all four directions, which is a big reason why Yorkville also boasts an outstanding Transit Score of 96/100.


Yorkville is one of the best places in Toronto to be if you enjoy culture and the arts, with a plethora of museums and galleries populating the nearby streets. The Royal Ontario Museum is the best-known local cultural attraction, and the neighbourhood also offers easy access to historic treasures like Casa Loma and the Spadina Museum. All in all, Yorkville is a fantastic place to be, and it has an amazing standard of living. These qualities make it one of the most  desirable and in-demand residential pockets in the entire city, with properties commanding handsome premiums that make it ripe for profitable long-term investment.


Located in the heart of Yorkville, surrounded by world-class elegance, designer label shopping, gourmet eateries, chic salons and spas and fine hotels. Culture enthusiasts can experience a spectacular array of attractions mere minutes from home. 


  • Steps to the both Bay and Bloor-Yonge subway stations

  • 8 Minutes walk to U of T, Ryerson, Royal Conservatory of Music

  • Close to many office buildings along Bloor Street

  • 10 Minutes to FINANCIAL DISTRICT/UNION STATION

  • Convenient to Luxury Shopping along Bloor Street.  Holt Renfrew, Nordstorm Rack, and all Brand           Name shops are only steps away

  • Surrounded by 5 Star Hotels; Four Seasons Hotel & Residences, Intercontinental Hotel, Park Hyatt,         Windsor Arms Hotel

  • Walk score of 100/100 and a transit score of 97/100


Developers

This development community is being jointly developed by a group of real estate heavyweights including Metropia, Capital Developments, and RioCan. 

Metropia is a privately owned and highly respected real estate developer creating authentic communities in both the Greater Toronto Area and Calgary. Metropia focuses on community building, urban renewal and design innovation. Our communities offer a wide range of housing options with an emphasis on affordability and an abiding responsibility to the environment. 

Metropia is a product of Howard Sokolowski’s vision to create one of Canada’s leading real estate development companies. Howard has a proven ability to see beyond current trends to plan and build award winning communities. Joining the executive team is David Speigel, the industry’s foremost authority on low rise and high rise project execution. Over the past 30 years Howard and David have led the development of over 25,000 homes and set a new standard for customer satisfaction in the industry. 

Metropia is involved in acquiring land, securing approvals, designing communities and homes, and delivering exceptional customer service. Building on Metropia’s strong strategic partnerships and our team’s industry-leading experience, we give back to the neighbourhoods we develop in, by contributing socially, economically and physically to the benefit of the overall community.


Founded by Todd Cowan and Jordan Dermer after a lengthy development career across Europe. As the Chief Executive Officer and Chief Development Officer, respectively, of TriGranit Development the two were instrumental in the development of over 10 million square feet in Europe from 1996 to 2006. Prior to this, both were executives at Trizec Properties performing asset management, acquisition and leasing across Canada.


Today Capital Developments is building on that history of success. Along with its partners, CD has embarked on a number of exciting new residential and retail projects in Toronto and Montreal where it is involved in the development of over 2,000 condominium units with complementary retail. These projects include Ma Condos, a 156-unit condominium development recently completed in Montreal, Sixty Colborne, a 281-unit development in the heart of Toronto and 150 / 155 Redpath, a 1,000-unit twin tower development in midtown Toronto. In addition, Capital Developments recently launched the Art Shoppe Lofts + Condos, a 650-unit development with 80,000 square feet of retail in the Yonge & Eglinton area. It is one of the fastest selling projects in Toronto in 2015 and is only steps from the new Eglinton Crosstown LRT – currently under construction – a $5.3 billion investment which will transform this already vibrant neighbourhood into one of the most attractive and fastest growing residential and retail locations in Toronto.


Capital Developments has an equally impressive track record in both the residential and retail domains, with a prominent footprint in premium neighbourhoods and prime locations across the GTA. Among its noteworthy recent successes is Art Shoppe Lofts + Condos, a mixed-use community in Toronto’s Yonge-Eglinton area that combined 650 beautifully finished residential suites with over 80,000 square feet of retail facilities. In 2015, the development proved to be oneof the top-selling new projects in the entire city, and the company fully expects that enthusiasm to carry over to 11 Yorkville Avenue Condos.

RioCan is one of Canada’s leading real estate investments trusts (REITs). This publicly traded company currently has a market capitalization of over $7 billion, and its extensive expertise in commercial, retail, and mixed-use development make it an ideal partner for this ambitious and  promising Yorkville project.


RioCan has accumulated a robust portfolio of income producing properties with significant redevelopment potential that are strategically situated on or near existing or government approved transit lines. We are focused on optimizing the value of our existing properties through redevelopment and intensification, diversifying our portfolio into residential real estate, and advancing our development pipeline to deliver value to our unitholders and tenants and meet the evolving needs of the communities we serve.

We are continuing to refine this portfolio to prioritize high-growth, high-population hubs in Canadian major markets, all while maintaining a disciplined approach to capital allocation that allows us to capitalize on future growth opportunities.