Lanterra Developmentshas submitted an application to the City to develop an exciting new pre construction condominium at 501 Yonge Street, Toronto. Currently proposed as two 58-storey towers above a 7 storey shared podium, with retail use on the ground level. The subway runs directly underneath the site, above ground parking will be included in the podium. 

Lanterra Developments has submitted an application to the City to develop an exciting condominium property at 501 Yonge Street. For more information visit http://www.teamsabharwal.com/501-yonge-st-condos-toronto . The property is currently proposed as two 58-storey towers sharing a common podium. 960 residential units and ground floor retail space will make this a thriving self-contained community.The north tower lobby would sit on Maitland Street with the south tower lobby fronting on Alexander Street. 

The plan is to build 58 storeys hosting 480 residential units. Estimated completion date is 2019.Architects Alliance is designing the property with Munge Leung doing interior design. The property has plans for 940 bicycle spaces with direct access to the Bloor/Yonge subway, nearby. The area is convenient to local Yonge Street shops and restaurants as well as the thriving Chrch Street and Bloor Street communities.

501 Yonge Street will consist of 960 residential units (including both buildings) along with ground level retail space. The North Tower will sit on Mailand Street, and the South Tower fronting on Alexander Street. For people that enjoy cycling downtown, this site has 940 bicycle spaces planned. Right in the downtown core, 501 Yonge is close to shops and restaurants!.

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